Skip to main content

Graph showing job creation by month from January 2008 to October 2012.
When Barack Obama was elected, Republicans decided that good economic news would henceforth be bad news for them, and with good economic news in the October employment numbers, Republicans are looking to draw attention to any bad news they can come up with.

The economy added 171,000 jobs in October, and the estimates from August and September were revised upward by 50,000 and 34,000 respectively. But more than half a million people started looking for work after having been too discouraged to even be counted as unemployed in previous months, and some of those people didn't find jobs. As a result of a large number of people becoming optimistic enough about the economy to look for work, the unemployment rate ticked up from 7.8 percent to 7.9 percent, and Republicans had their talking point:

The unemployment rate is higher today than when Obama took office, w/fewer people in the workforce. We can't afford 4 more yrs of this.
@Reince via Twitter for iPhone
Uhh, Reince, what happened to unemployment under the last Republican president? For that matter, in recent decades, both private sector jobs and manufacturing jobs have grown more under Democratic presidents than Republican ones. But yeah, the Republican argument is that because Obama hasn't fixed in four years the problems George W. Bush created in eight years, we "can't afford" not to go back to Bush's policies.
ROMNEY: "Today's increase in the unemployment rate is a sad reminder that the economy is at a virtual standstill"
@jamiedupree via TweetDeck
Give Mitt a break. He's flailing ever since he lost his "unemployment is over 8 percent" argument against Obama.

House Speaker John Boehner:

"Four years of persistently high unemployment and long-term joblessness might be the best President Obama can do—but it's nowhere near what the American people can do if we get Washington out of their way."
Given the "if we get Washington out of their way" claim there, it's worth noting that in October, public sector employment fell by 13,000 jobs. So government job losses actually dragged down job creation once again.

Republican policies caused the economy to crash. Republican obstruction has made the economy harder to fix. And Republicans want us to focus only on bad economic news. That's some advertisement for them for letting them take over the economy again, isn't it?

Please contribute to help President Obama in the final days of the campaign.

Originally posted to Daily Kos Labor on Fri Nov 02, 2012 at 08:03 AM PDT.

Also republished by Daily Kos.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site