New White House analysis: Unemployment should stay above 9% all next year

posted at 7:15 pm on September 1, 2011 by Allahpundit

If you’ve seen this graph — and by now, all conservative blog readers have — then you know the lesson to take away from today’s news: Things could be much, much worse than the White House thinks.

And if the White House thinks things will be this bad, I’d hate to see what “much, much worse” looks like:

The Obama administration downgraded its forecast for economic growth Thursday, predicting turmoil in the economy will likely keep unemployment above 9 percent through next year’s election.

When the “substantial” economic “turbulence” of the last two months are considered, the administration expects the economy to grow as little as 1.7 percent in 2011 compared to last year. That is down from a rosier projection of 2.7 percent growth, made in February…

But even if some of Obama’s proposals make it through Congress over the expected GOP opposition, it is likely too late to revive the economy in time for the 2012 election.

Even under a better-case scenario that excludes the worsening economic picture, the Obama administration still expects 8.3 percent unemployment in 2012, with only 3.3 percent growth that year.

When the predicted worsened economy is taken into account, the White House sees anemic growth of 2.6 percent in 2012 — well below an earlier forecast of 3.6 percent.

CNN’s new poll finds 65 percent disapprove of his handling the economy. Remember, the conventional wisdom six months ago was that eight percent is the magic number on unemployment. If the rate starts trending downward and dips below that, then O’s in good shape for reelection; if not, not. Fast forward six months and the best-case scenario is now … 8.3 percent. I hate looking at this issue through the lens of horse-race politics for the same reason I hate looking at counterterrorism that way, because it reduces human suffering to a crude electoral calculation. But reality is what it is. I don’t know how he’s going to explain this to voters next summer, especially when he’s on record as saying he’d deserve only one term if he didn’t have the economy back on track in three years. Maybe the Super Committee will do good work on tax reform and that’ll goose consumer spending; maybe O’s jobs plan will surprise us and have a positive effect; or maybe we’ll continue to stagger along economically but his strategy of complaining about congressional Republicans at every opportunity will carry him to victory. If this is any indicator, though, even Democrats are heading for the lifeboats. Here’s Carney, sans life vest, trying to spin today’s data. Click the image to watch.

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But He’s speechifying to make it go to 2%…

KZnextzone on September 1, 2011 at 7:19 PM

I don’t know how he’s going to explain this to voters next summer, especially when he’s on record as saying he’d deserve only one term if he didn’t have the economy back on track in three years.

He’s not going to have explain a thing. He has all of his mouthpieces ready to go to call us all racists. It’s started already in case you haven’t noticed.

It’s all they have left.

Knucklehead on September 1, 2011 at 7:21 PM

When the EPA starts shutting down coal plants, forcing energy prices to skyrocket, affected businesses will not simply absorb the increases. They will lay off people to bring their overhead costs back to a level they can live with. I think we’d be witnessing a miracle if unemployment is only at 9% a year from now…

joejm65 on September 1, 2011 at 7:21 PM

Even IF there is a drop in unemployment, will Americans want to gamble on another four years of utter misery with an inexperienced rabid liberal who will certainly attempt to do anything he wishes with a second term and a power trip. I think not.

sherry on September 1, 2011 at 7:23 PM

Lord forgive me, but I’m glad. Hang on, America. One more year. And things will have to be bad for the good folks of this country to turn out a sitting president, but when they do, it’ll be morning in America again. Hang on.

Rational Thought on September 1, 2011 at 7:23 PM

Blame Congress, Bush, bad luck…

Wethal on September 1, 2011 at 7:23 PM

The Obama Recession, you bone it you own it.

Chip on September 1, 2011 at 7:23 PM

Green Jobs!!!

trs on September 1, 2011 at 7:23 PM

Remember, the conventional wisdom six months ago was that eight percent is the magic number on unemployment. If the rate starts trending downward and dips below that, then O’s in good shape for reelection; if not, not.

Conventional wisdom among whom? If the U-3 rate experiences a decline driven by people dropping out of the labor force, it would undoubtedly be touted by Obama and the MSM as a great victory, but in the absence of any real improvement in employment I doubt many voters not part of Obama’s base would be fooled.

DKCZ on September 1, 2011 at 7:24 PM

But He’s speechifying to make it go to 2%…

KZnextzone on September 1, 2011 at 7:19 PM

At 7:00 pm eastern. Right at dinner time for some of the country -the west coast won’t even be on their way home yet.

LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

gophergirl on September 1, 2011 at 7:25 PM

The Obama administration downgraded its forecast for economic growth Thursday, predicting turmoil in the economy will likely keep unemployment above 9 percent through next year’s election.

Let’s just make it official: It’s the Downgrade Administration.

Chip on September 1, 2011 at 7:26 PM

When the EPA starts shutting down coal plants, forcing energy prices to skyrocket, affected businesses will not simply absorb the increases. They will lay off people to bring their overhead costs back to a level they can live with. I think we’d be witnessing a miracle if unemployment is only at 9% a year from now…

joejm65 on September 1, 2011 at 7:21 PM

I think the states should keep them running – dare the EPA to shut them down.

gophergirl on September 1, 2011 at 7:26 PM

When the “substantial” economic “turbulence” of the last two months are considered, the administration expects the economy to grow as little as 1.7 percent in 2011 compared to last year.

So in order for Obama’s economic policies to go well, there can’t be any “substantial” economic “turbulence”. But if there isn’ substantial economic turbulence, then what need is there for Obama’s economic solutions? It’s almost as if Obama’s saying that the economy needs to be relatively stable in order for his economic stabilization measures to work. And Republicans are the dumb ones?

Weight of Glory on September 1, 2011 at 7:28 PM

Firing this one man will save the jobs of millions.

Chuck Schick on September 1, 2011 at 7:28 PM

Perfect chip

cmsinaz on September 1, 2011 at 7:28 PM

Count it !!

viking01 on September 1, 2011 at 7:28 PM

At 7:00 pm eastern. Right at dinner time for some of the country -the west coast won’t even be on their way home yet.

LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

gophergirl on September 1, 2011 at 7:25 PM

And a lot of the folks who will be home will be tuned in to NFL Countdown. Nice job, White House.

joejm65 on September 1, 2011 at 7:29 PM

But He’s speechifying to make it go to 2%…

KZnextzone on September 1, 2011 at 7:19 PM
At 7:00 pm eastern. Right at dinner time for some of the country -the west coast won’t even be on their way home yet.

LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

gophergirl on September 1, 2011 at 7:25 PM

He’s doing it to get film clips for his campaign ads. The WH was not grand enough. He wants the sound of Dem applause.

Of course, he gets a bored Boehner behind him.

But if he’s running against Congress, he wants to be seen scolding them for not doing what he wants.

Wethal on September 1, 2011 at 7:29 PM

And then, there’s the NRLB to consider.

OldEnglish on September 1, 2011 at 7:30 PM

But even if some of Obama’s proposals make it through Congress over the expected GOP opposition, it is likely too late to revive the economy in time for the 2012 election.

Are these the same kind of ideas that failed to ‘Stimulate’ the economy when they were tried before?

Chip on September 1, 2011 at 7:30 PM

I think the states should keep them running – dare the EPA to shut them down.

gophergirl on September 1, 2011 at 7:26 PM

I’m hoping Rick Perry is the one to do it. I guess most people are going to find out that King Barry really did get his cap & tax crap through the back door when January 1st rolls around.

Knucklehead on September 1, 2011 at 7:31 PM

Here’s Carney, sans life vest, trying to spin today’s data.

Heh.

Weight of Glory on September 1, 2011 at 7:32 PM

But if he’s running against Congress, he wants to be seen scolding them for not doing what he wants.

Wethal on September 1, 2011 at 7:29 PM

Who is seriously going to be watching. I know that after an hour commute in crappy traffic the first thing I would want to do is listen to him lecture for an hour.

I think it’s funny – he didn’t get his day nor his primetime.

gophergirl on September 1, 2011 at 7:32 PM

New White House analysis: Unemployment should stay above 9% all next year

Are they saying that it SHOULD (as in must) or are they saying SHOULD (as in might)……

sicoit on September 1, 2011 at 7:32 PM

At some point he’s going to realize that he can’t demagogue his way to re-election and propose something that will actually help the economy. Right?

BadgerHawk on September 1, 2011 at 7:33 PM

I’m hoping Rick Perry is the one to do it. I guess most people are going to find out that King Barry really did get his cap & tax crap through the back door when January 1st rolls around.

Knucklehead on September 1, 2011 at 7:31 PM

Me too. People are going to be shocked when they find out just what he’s done with the EPA.

gophergirl on September 1, 2011 at 7:33 PM

when he’s on record as saying he’d deserve only one term if he didn’t have the economy back on track in three years.

Oh c’mon no one would seriously hold him to that would they? A guy can talk story once in a while no? Besides…no man in the history of this earth could do better than our current President with the mess he inherited.

Koa on September 1, 2011 at 7:33 PM

And a lot of the folks who will be home will be tuned in to NFL Countdown. Nice job, White House John Boehner.

joejm65 on September 1, 2011 at 7:29 PM

FIFY

Knucklehead on September 1, 2011 at 7:34 PM

Knucklehead on September 1, 2011 at 7:31 PM
gophergirl on September 1, 2011 at 7:33 PM

Yup. They are scared shiiteless about Perry…..heh….God works in mysterious ways.

sicoit on September 1, 2011 at 7:34 PM

Give me this economy. I want that responsibility. Give it to me

/Obama

Key West Reader on September 1, 2011 at 7:35 PM

It’s really not a good thing, when it’s bad news for Obutthead, it’s bad news for America, and Americans.

capejasmine on September 1, 2011 at 7:35 PM

God works in mysterious ways.

sicoit on September 1, 2011 at 7:34 PM

They’ll finally get some rain this weekend.

Key West Reader on September 1, 2011 at 7:37 PM

First lesson on ineriting a mess… don’t double quadruple down on the same policies.

WitchDoctor on September 1, 2011 at 7:37 PM

Yeah, “inheriting” blah.

WitchDoctor on September 1, 2011 at 7:37 PM

Are they saying that it SHOULD (as in must) or are they saying SHOULD (as in might)……

sicoit

THIEF!!! You stole my thunder! :)

honsy on September 1, 2011 at 7:38 PM

The real unemployment rate is 17% when one factors in discouraged workers and the underemployed. I wish conservatives would stop using this ridiculously low ball 9% number.

Mike Honcho on September 1, 2011 at 7:38 PM

Thursday, predicting turmoil in the economy will likely keep unemployment above 9 percent through next year’s election.

Gee, no kidding. This level of unemployment is a permanent feature of the sclerotic European economies Obama is trying to emulate, so I don’t why anyone would expect different results.

RadClown on September 1, 2011 at 7:39 PM

When the EPA starts shutting down coal plants, forcing energy prices to skyrocket, affected businesses will not simply absorb the increases. They will lay off people to bring their overhead costs back to a level they can live with. I think we’d be witnessing a miracle if unemployment is only at 9% a year from now…

joejm65 on September 1, 2011 at 7:21 PM

I agree.

I have wondered if he and his admin are in their right mind to let the EPA do this. Have they no thought through the political consequences?

My guess is their hubris is such it hasn’t occurred to them there will be any.

INC on September 1, 2011 at 7:39 PM

Did you ever feel like the world is a tuxedo you’re a pair of brown shoes?

Its the policies stupid, they’re wrong.

Speakup on September 1, 2011 at 7:41 PM

THIEF!!! You stole my thunder! :)

honsy on September 1, 2011 at 7:38 PM

Ooooooppppppsssss, my bad! ;)

sicoit on September 1, 2011 at 7:41 PM

My guess is their hubris is such it hasn’t occurred to them there will be any.

INC on September 1, 2011 at 7:39 PM

I hope that is the case, because another part of me thinks, they’re going to just seize what they want. They’ve pretty much been doing that since inauguration.

capejasmine on September 1, 2011 at 7:42 PM

Slightly OT, but take a look at the comments at this ABC News story about the White House starting an online petition site to gather petitions against GOP members of Congress. Ouch! Not turning out the way Team Barry thought it would.

Rational Thought on September 1, 2011 at 7:43 PM

I pray for all the jobless people :(

terryannonline on September 1, 2011 at 7:43 PM

I have wondered if he and his admin are in their right mind to let the EPA do this. Have they no thought through the political consequences?

My guess is their hubris is such it hasn’t occurred to them there will be any.

INC on September 1, 2011 at 7:39 PM

It’s cap & trade through the back door, he’ll never back down on those new regulations.

Knucklehead on September 1, 2011 at 7:44 PM

The Obama administration downgraded its forecast for economic growth Thursday,

Is the SEC going to investigate the Obama administration?

pedestrian on September 1, 2011 at 7:44 PM

New White House analysis: Unemployment should stay above 9% all next year

And that’s just the fudged number they feed us via the LSM and the bureaucrats…imagine what real unemployment will be if they’re willing to admit bad fantasy numbers.

Dr. ZhivBlago on September 1, 2011 at 7:45 PM

They’ll finally get some rain this weekend.

Key West Reader on September 1, 2011 at 7:37 PM

Uggghhhh, from your keyboard to God’s ear KWR. We are past desperate here in TX. I got an email today about a woman in Lubbock, TX who actually put a skeleton dressed in torn clothes crawling across her yard towards her fancy fountain. She would take a pic each day of the skeleton getting closer to the fountain everyday. Today the pic shows the skeleton crawling up the side of the fountain….with no water in it. That about sums it up…. :)

sicoit on September 1, 2011 at 7:45 PM

Who is seriously going to be watching. I know that after an hour commute in crappy traffic the first thing I would want to do is listen to him lecture for an hour.

I think it’s funny – he didn’t get his day nor his primetime.

gophergirl on September 1, 2011 at 7:32 PM

No one will watch the original speech. But Obama thinks carefully edited film clips in ads will make him look good.

I think he’s wrong. It makes him look weak. Scolds come across as powerless nags and whiners.

Wethal on September 1, 2011 at 7:46 PM

Blame Congress, Bush, bad luck…

Wethal on September 1, 2011 at 7:23 PM

The buck passes here sign on his desk.

JetBoy on September 1, 2011 at 7:47 PM

We are becoming more European everyday :(

terryannonline on September 1, 2011 at 7:50 PM

All we’ll hear is incessant whining- inherited, Bush’s fault, Republican congress waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

theblacksheepwasright on September 1, 2011 at 7:50 PM

Not turning out the way Team Barry thought it would.

Rational Thought on September 1, 2011 at 7:43 PM

Now that was a good read. If this was Axelrod’s idea, he may have to go back to the well for another one. Those comments were devastating.

sherry on September 1, 2011 at 7:53 PM

Maybe the Super Committee will do good work on tax reform and that’ll goose consumer spending; maybe O’s jobs plan will surprise us and have a positive effect

And maybe monkeys’ll fly outta my butt.

Lanceman on September 1, 2011 at 7:54 PM

Rational Thought on September 1, 2011 at 7:43 PM

The comments have not been kind to King Barry for quite a while. There were thousands of negative comments on his big photo op during Hurricane Irene.

Knucklehead on September 1, 2011 at 7:55 PM

sicoit on September 1, 2011 at 7:45 PM

You folks will be just fine; have faith. Watch.

Key West Reader on September 1, 2011 at 7:56 PM

And another thing. He didn’t ‘inherit’ sh!t. He was part & parcel of the very same ‘rat congress and senate that RAN UP the debt and deficit. Remember? Remember him getting elected in ’06? Huh?

Lanceman on September 1, 2011 at 7:57 PM

his big photo op during Hurricane Irene.

Knucklehead on September 1, 2011 at 7:55 PM

You mean, the one that aSSures us that, uhh, uhh, inhalater… he’s large. And, in charge.

Heh. He even had a name plate with his title. How cute.

Key West Reader on September 1, 2011 at 7:59 PM

It’s because the Repubs are too partisan.
/
Seriously, maybe they are trying to lower epectations, so that when it drops to a much better 8.5 (!) they can claim victory.

4Freedom on September 1, 2011 at 7:59 PM

from the Hill article:

Under the projections, gross federal debt rises from $14.9 trillion this year to $24 trillion in 2021.

so in 10 quick years we’ll have 10T more debt.

“they should be thanking me”

yeah, thanx barry

r keller on September 1, 2011 at 7:59 PM

What if you had a 16 year old kid, like Justin Beiber (sp?). And you raised him up to be, like really cool. And, like he could sing like awesome. And he could talk, like.. totally awesome. OMG!

And then? If we could just make, like, Justin Beiber (sp?) our president? OMG! We’d be soooooo awe3ome. Look what we did when we voted for Obama! Hoo Hoo!

/

Grr.

Key West Reader on September 1, 2011 at 8:04 PM

We are becoming more European everyday :(

terryannonline on September 1, 2011 at 7:50 PM

Change.

visions on September 1, 2011 at 8:08 PM

I think the states should keep them running – dare the EPA to shut them down.

gophergirl on September 1, 2011 at 7:26 PM

I agree gg, I also say that oil companies shoud drill anywhere they want and dare the EPA to stop them.
TAKE OUR COUNTRY BACK!!

darwin-t on September 1, 2011 at 8:13 PM

It’s as it should be.

Schadenfreude on September 1, 2011 at 8:18 PM

The NeverEnding Progressive Socialist HopeLessNess/
Non-Changing/ForEver Talking Points,in LibSpeak Over
Drive,of what the Liberal Party wants to song and
dance their base!

And to think,since Hopey’s inauguration,and every year
since,its been job creation accuses and failure of,and
amounts,to just another “Shovel Ready” excuses and speechs!!

This Hopey/Changey Administration,is still,”Kicking The Can”
down the Road to 2012!!!

A Grand Failure to be sure,and its getting tiring to say the
least!!!!!

canopfor on September 1, 2011 at 8:18 PM

canopfor on September 1, 2011 at 8:18 PM

Welcome bace eh.

darwin-t on September 1, 2011 at 8:20 PM

Uggghhhh, from your keyboard to God’s ear KWR. We are past desperate here in TX. I got an email today about a woman in Lubbock, TX who actually put a skeleton dressed in torn clothes crawling across her yard towards her fancy fountain. She would take a pic each day of the skeleton getting closer to the fountain everyday. Today the pic shows the skeleton crawling up the side of the fountain….with no water in it. That about sums it up…. :)

sicoit on September 1, 2011 at 7:45 PM

You folks will be just fine; have faith. Watch.

Key West Reader on September 1, 2011 at 7:56 PM

I’m hoping you’re right, KWR. I keep seeing the forecasters saying we have only a 30 percent chance of rain on Saturday/Sunday in the Tyler/Longview area of Texas (northeast TX). I keep hoping one of these hurricanes or tropical storms will create some rain, but the next one is forecasted to hit Louisiana this weekend instead.

Sicoit, if you don’t mind me asking, what part of Texas do you live?

NathanG on September 1, 2011 at 8:21 PM

canopfor on September 1, 2011 at 8:18 PM

CANOPFOR!!!

Lanceman on September 1, 2011 at 8:24 PM

There is no way the economy gets better as long as Obama is President. Business has adjusted to the situation. They’ve decided to ride the Marxist storm out. His tax credits for employees fool no one, and he’s out of money and options. Blaming others is all he’s got left.

Aardvark on September 1, 2011 at 8:24 PM

canopfor on September 1, 2011 at 8:18 PM

WOW! U.R.BACK.! Welcome home my Canadian friend! We missed you terribly! :)

sicoit on September 1, 2011 at 8:28 PM

Sicoit, if you don’t mind me asking, what part of Texas do you live?

NathanG on September 1, 2011 at 8:21 PM

Not at all NathanG. I live in the north Houston area. We’ve had “rain” about 3 times in the past 3 months! Ugh. The http://www.stormpulse.com site shows we have a 40% chance from Friday thru Sunday. God, please make it so. I went to eat at a restaurant the other day. They just had their parking lot re-asphalted (a word?). The parking lot was sooooooo cracked it looked like a desert scene from Nevada. The entire parking lot was cracked all over. We keep watering (only allowed on Thurs. 7A-10A and 7P-10P and Sunday same times) but are trying to keep the foundation watered more than the yard to prevent pipes, foundation, etc. from cracking. Ugh….again.

sicoit on September 1, 2011 at 8:33 PM

Not at all NathanG. I live in the north Houston area. We’ve had “rain” about 3 times in the past 3 months! Ugh. The http://www.stormpulse.com site shows we have a 40% chance from Friday thru Sunday. God, please make it so. I went to eat at a restaurant the other day. They just had their parking lot re-asphalted (a word?). The parking lot was sooooooo cracked it looked like a desert scene from Nevada. The entire parking lot was cracked all over. We keep watering (only allowed on Thurs. 7A-10A and 7P-10P and Sunday same times) but are trying to keep the foundation watered more than the yard to prevent pipes, foundation, etc. from cracking. Ugh….again.

sicoit on September 1, 2011 at 8:33 PM

Yeah. My parents live in Pearland and my sister lives in Northwest Houston, so I know the feeling/story. I swear it’s been even worse up here.

NathanG on September 1, 2011 at 8:41 PM

canopfor on September 1, 2011 at 8:18 PM
CANOPFOR!!!

Lanceman on September 1, 2011 at 8:24 PM

Lanceman:Hey Lance *Waves*….:)

canopfor on September 1, 2011 at 8:43 PM

If that is true, he will not get re-elected. Plain and simple. Should start a pool on the over/under for election night. My pool would be which blue state switches red.

Rndguy on September 1, 2011 at 8:46 PM

canopfor on September 1, 2011 at 8:18 PM
Welcome bace eh.

darwin-t on September 1, 2011 at 8:20 PM

darwin-t:Not yet…ugh…for the night,another month to go,
gawd…I do miss everyone,and being at the front of
breaking news ordeals!!:)

canopfor on September 1, 2011 at 8:48 PM

Uh, so why THE SPEECH on the 8th? If his NEW IDEAS aren’t going to mean anything, why waste the time with a speech?

Oh, that’s right IT’S A CAMPAIGN SPEECH!

GarandFan on September 1, 2011 at 8:49 PM

Yeah. My parents live in Pearland and my sister lives in Northwest Houston, so I know the feeling/story. I swear it’s been even worse up here.

NathanG on September 1, 2011 at 8:41 PM

I lived in Alvin for about 10 years. It’s really strange that the closer you get to Galveston (Alvin, Pearland) the less rain you get. Weird. Well, keep the faith and the sprinklers close. :)

sicoit on September 1, 2011 at 8:52 PM

canopfor on September 1, 2011 at 8:18 PM
WOW! U.R.BACK.! Welcome home my Canadian friend! We missed you terribly! :)

sicoit on September 1, 2011 at 8:28 PM

sicoit:Not yet,another month..*sigh*,but thanks,I too miss
everyone:)

canopfor on September 1, 2011 at 8:55 PM

sicoit:Not yet,another month..*sigh*,but thanks,I too miss
everyone:)

canopfor on September 1, 2011 at 8:55 PM

Ohhhhhhhhh krapppppppp….back to my sad face. :( We’ll keep the home fire burning for ya my friend…..

sicoit on September 1, 2011 at 8:57 PM

I pray for all the jobless people :(

terryannonline on September 1, 2011 at 7:43 PM

Thread winner.

I’ll pray too. :o(

tartan on September 1, 2011 at 8:59 PM

I lived in Alvin for about 10 years. It’s really strange that the closer you get to Galveston (Alvin, Pearland) the less rain you get. Weird. Well, keep the faith and the sprinklers close. :)

sicoit on September 1, 2011 at 8:52 PM

Yeah. I lived in Pearland from 2001-2009. I’m hoping and praying for rain. It’s getting really bad. Hope yall get rain too.

NathanG on September 1, 2011 at 8:59 PM

Back on topic: I feel like we’re in the freakin’ twilight zone. Why does Obama keep doing the same thing, expecting different results? No, wait, scratch that. He always thinks he’s right, that government’s the answer. Good luck bringing the jobless rate down with temporary infrastructure jobs, champ.

NathanG on September 1, 2011 at 9:02 PM

The comments have not been kind to King Barry for quite a while. There were thousands of negative comments on his big photo op during Hurricane Irene.

Knucklehead on September 1, 2011 at 7:55 PM

I run through Yahoo news once a day or so, and I see that as well. On the other hand, the opposite is not at all true. When a Republican is the topic, comments generally go back to the yahoo traditional 60/40 for the liberals. On Vice President Cheney, comments were as bad as for little Bammie.

slickwillie2001 on September 1, 2011 at 9:53 PM

But reality is what it is. I don’t know how he’s going to explain this to voters next summer, especially when he’s on record as saying he’d deserve only one term if he didn’t have the economy back on track in three years.

My question: why did he ever say that in the first place? He clearly knew things could only get worse if he had his way. I give him at least that much respect.

Goldenavatar on September 1, 2011 at 9:59 PM

I run through Yahoo news once a day or so, and I see that as well. On the other hand, the opposite is not at all true. When a Republican is the topic, comments generally go back to the yahoo traditional 60/40 for the liberals. On Vice President Cheney, comments were as bad as for little Bammie.

slickwillie2001 on September 1, 2011 at 9:53 PM

If you want to see bias, read the comments on Yahoo news when it’s a story about Catholics.

Sorry, don’t mean to troll. But, wow, there’s some unhinged people out there.

Goldenavatar on September 1, 2011 at 10:01 PM

If you want to see bias, read the comments on Yahoo news when it’s a story about Catholics.

Sorry, don’t mean to troll. But, wow, there’s some unhinged people out there.

Goldenavatar on September 1, 2011 at 10:01 PM

Agreed. I usually ignore the comments section on Yahoo News. It’s like Yahoo is a magnet for left-wing, uhinged a-holes.

NathanG on September 1, 2011 at 10:15 PM

When you do things that hurt job creation should you be surprised?

CW on September 1, 2011 at 10:18 PM

all they have to do is figure out how to doctor the numbers so they get the unemployment rate they need

SwabJockey on September 1, 2011 at 11:36 PM

Well, one thing’s for sure–if things keep going the way they have been, you’ve got job security, AP!

nukemhill on September 1, 2011 at 11:38 PM

The real unemployment rate is 17% when one factors in discouraged workers and the underemployed. I wish conservatives would stop using this ridiculously low ball 9% number.

Mike Honcho on September 1, 2011 at 7:38 PM

Actually that’s that fabricated U6 number. Everyone should review shadowstats.com

dogsoldier on September 2, 2011 at 6:43 AM

At some point he’s going to realize that he can’t demagogue his way to re-election and propose something that will actually help the economy. Right?

BadgerHawk on September 1, 2011 at 7:33 PM

I’m presuming that was a purely rhetorical question.

eyedoc on September 2, 2011 at 9:23 AM