Jobs report: 80K jobs added, 8.2% jobless rate; Update: Worst quarter in 2 years

posted at 8:33 am on July 6, 2012 by Ed Morrissey

The jobs report for June shows another gloomy month in the US economy.  Job growth amounted to a disappointing 80,000, below analyst expectations of 90-100K, while the jobless rate remained the same at 8.2%:

Nonfarm payroll employment continued to edge up in June (+80,000), and the unemployment rate was unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today. Professional and business services added jobs, and employment in other major industries changed little over the month. …

In June, the number of long-term unemployed (those jobless for 27 weeks and over) was essentially unchanged at 5.4 million. These individuals
accounted for 41.9 percent of the unemployed. (See table A-12.)

Both the civilian labor force participation rate and the employment-population ratio were unchanged in June at 63.8 and 58.6 percent,
respectively. (See table A-1.)

This is only a bare improvement over last month’s report, with its addition of 77,000, an upward revision from the report a month ago, which had May at 69,000. The average monthly job growth has been 75,000 over the last three months — when we need 125K-150K to keep up with population growth. It’s a measure that shows us going backwards … again.

The bad news gets even worse when looking at combined unemployment and underemployment, as measured by U-6.  That measure had dropped to a years-long low in March and April of 14.5%, but now has ticked upward two months in a row, and is back to 14.9%.  Joblessness among African-Americans jumped by 184,000 and the rate shot up from 13.6% to 14.4%, the highest it has been since December 2011.

Update: CNBC notes that the June report makes the second quarter of 2012 the worst hiring period in two years:

With yet another month of weak employment growth, the second quarter marks the weakest three-month period in two years.

May’s weak initial 69,000 report was revised upward to 77,000, which made the June number essentially flat.

There were a few bright spots: The overall work week edged higher by 0.1 hour to 34.5 hours and average hourly earnings grew 6 cents to $23.50.

But it was an otherwise dismal report that will up the stakes in the race between President Obama and Republican challenger Mitt Romney.

Dismal, indeed.  No one can pretend that the Q2 figures are some sort of hiccup.  We are decelerating, and we’re decelerating from stagnation levels, which leaves us very few options as to the eventual destination.

The Associated Press also reports on the weakness of the economy:

U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling three years after the recession ended.

The Labor Department said Friday that the unemployment rate was unchanged at 8.2 percent.

The economy has added just 75,000 jobs a month in the April-June quarter. That’s one-third of 226,000 a month created in the first quarter. Job creation is also trailing last year’s pace through the first six months of 2012.

Again, the direction is clear, as is the destination, unless we change direction on economic policy.  That is, of course, why we have elections.

The AP report offers this curious analysis:

A weaker job market has made consumers less confident. They have pulled back on spending, even though gas prices have plunged.

I think they have this backwards.  Gas prices have dropped significantly because demand has fallen.

Update II: This is a good time to remind people of the implications of Barack Obama’s immigration policy change this month.  The pledge to issue work permits means that we may potentially add 1.2 million workers to the workforce over the next two years.  That means we will have to add jobs at a rate closer to 200,000 per month just to keep up with population growth and the policy change.

Update III: The AP article also reports that one-third of the job gain came from temp hires.  That may or may not be a bad thing; temp hires usually presage some expansion, but that’s something you want to see more toward the beginning of a recovery than three years into it.  At this stage, and with these low overall numbers, it looks a lot more like bet-hedging.

Update IV: Here is a graph of the U-6 measure since the BLS began reporting it in 1994:

The U-6 level has dropped relatively little in this recovery.  In 1994, a much lower level contributed to a landslide Republican midterm victory.  In 2004, George W. Bush was considered vulnerably on the economy with a much lower U-6 level — remember the Democratic Party nominee John Kerry pontificating about the “jobless recovery”?  With the U-6 ticking back upward and the civilian population participation rate flatlining near its 30-year low, this indicates that American voters may be itching for a big change in economic policy.

Update V: In case you missed the news when it broke, here’s what it looked like:

John Harwood points out that the public sector only lost 4,000 jobs, so the problem is not a lack of government jobs, contra Obama.


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Comment pages: 1 2 3 4 5

@RasmussenPoll Daily Tracking: #Romney: 46%, #Obama: 44%… http://t.co/jDxChXiv

@RasmussenPoll #Obama: Strongly Approve: 24%… Strongly Disapprove: 41%… Index: -17… Total Approval: 49%… http://t.co/jDxChXiv

Flora Duh on July 6, 2012 at 9:45 AM

sadly, recent polls show that the public is so ignorant that more people still blame bush for the bad econ than obama. phillysfinest on July 6, 2012 at 9:32 AM

I blame the policies of the last 20 odd years. Sometimes like the housing law it takes a couple decades for major economic policy changes to bear fruitation. Take Obamacare for example. I see it not doing much harm for at least 15 to 20 years. At that point the problems it places in the healthcare industry will have slowly build up to the point that the entire industry fails.

You go back and look at the policy decions of Bush the 1st and Clinton on NAFTA, China being admitted into the WTO, free trade with everyone and their brother, the insane energy polices of not drilling our oil becaus ethe the greenies etc and it is easy to see that when you get someone like Obama in office who steps on the gas pedal of bad economic policy instead of simply coasting on bad economic policy like Bush the 2nd we come to this point pretty quickly. Of cousre the liberals go back and blame Reagan for all the problems much like they blame hoover for the depression and Bush for this resecession. whereas the conservatives go back and blame FDR or LBJ or Clinton or Obama. But the real problem is not the men but the progressive policies followed by all of them. Out of all of them since FDr Reagan was the only one that tried to go a different way and his economic expansion showed he was on the right path

unseen on July 6, 2012 at 9:47 AM

The market is down 128 points right now.

Dr Evil on July 6, 2012 at 9:47 AM

At the risk of being labeled a racist, how can Blacks continue to support Obama when they already suffer from a higher unemployment percentage than Hispanics and as Ed pointed out, Obama wants to make more Hispanic eligible for what few jobs there are. I don’t understand the thinking. Well at least he is being transparent in this instance.

Cindy Munford on July 6, 2012 at 9:47 AM

Amjean on July 6, 2012 at 9:21 AM

Too true. The model, now, is to avoid permanent hires in any manner possible.

Some companies do weekly or monthly drafts from the temp agencies, others are hiring them in as “seasonal” workers and dumping them before they would have to be reclassified and require a benefit package. This is how GM is breaking the UAW.

Nathan_OH on July 6, 2012 at 9:48 AM

gas prices have fallen to incredibly high levels.

rob verdi on July 6, 2012 at 9:48 AM

Actually, U.S. demand has risen over the last few months. The decline in price is due to the lower cost of crude and lower refining costs.

See here for more detail.
Concerns that a weak global economy will lead to reduced petroleum demand has contributed to lower crude oil prices. However, part of the reason retail gasoline prices have not dropped as much as crude oil prices is that U.S. gasoline demand has started to show some growth in recent months.

BacaDog on July 6, 2012 at 9:08 AM

Counterpoint – the weekly supplied amount of gas (also from the EIA).

After a brief blip up at the beginning of May compared to last year, it fell behind last year again.

Steve Eggleston on July 6, 2012 at 9:49 AM

I do not understand if we need to add 125,000-150,000 monthly to keep up with population growth and we are actually adding only 70,000-80,000, why isn’t the unemployment number going up?

bopbottle on July 6, 2012 at 9:49 AM

gas prices have fallen to incredibly high levels.

rob verdi on July 6, 2012 at 9:48 AM

The NY Times called. They have a Senior Editor position for you!

IrishEi on July 6, 2012 at 9:50 AM

@iowahawkblog Breaking: Romney’s Swiss bank account increases unemployment to 8.2%

Flora Duh on July 6, 2012 at 9:50 AM

@iowahawkblog Breaking: Romney’s Swiss bank account increases unemployment to 8.2%

Flora Duh on July 6, 2012 at 9:50 AM

just wait, the lsm will pick up on this…

:)

cmsinaz on July 6, 2012 at 9:51 AM

bopbottle on July 6, 2012 at 9:49 AM

It’s because they don’t count people who drop out of the work force—just plain give up.

IrishEi on July 6, 2012 at 9:51 AM

gas prices have fallen to incredibly high levels.

rob verdi on July 6, 2012 at 9:48 AM

Unexpectedly?

forest on July 6, 2012 at 9:53 AM

Gas prices may have fallen recently, but they took a 15 cent a gallon hike here yesterday. 15 cents in one day.

Mini-14 on July 6, 2012 at 9:36 AM

Where do you live?

NotCoach on July 6, 2012 at 9:38 AM

Yep! In St Louis, we went from $3.04 to $3.19. I haven’t been out today yet though.

Vince on July 6, 2012 at 9:53 AM

I do not understand if we need to add 125,000-150,000 monthly to keep up with population growth and we are actually adding only 70,000-80,000, why isn’t the unemployment number going up?

bopbottle on July 6, 2012 at 9:49 AM

There are two factors (in no particular order):

- The aging population, most of whom are retired.
- People not looking for work in the 4 weeks prior to the survey.

I’ll take more of door number 2.

Steve Eggleston on July 6, 2012 at 9:53 AM

White House Spokesturd: Everything is fine. We’re growing. Americans are happy. These are not the droids you are looking for.

Punchenko on July 6, 2012 at 9:54 AM

Too true. The model, now, is to avoid permanent hires in any manner possible.

Some companies do weekly or monthly drafts from the temp agencies, others are hiring them in as “seasonal” workers and dumping them before they would have to be reclassified and require a benefit package. This is how GM is breaking the UAW.

Nathan_OH on July 6, 2012 at 9:48 AM

If only GM had done that before the UAW profited from driving them into the arms of the government,….

Steve Eggleston on July 6, 2012 at 9:55 AM

I do not understand if we need to add 125,000-150,000 monthly to keep up with population growth and we are actually adding only 70,000-80,000, why isn’t the unemployment number going up?

bopbottle on July 6, 2012 at 9:49 AM

Because the amount of people jobless and losing benefits(thus no longer counted) or retiring or dying etc are ~= to the amount of people losing jobs today.

thus no change in total unemployment numbers

unseen on July 6, 2012 at 9:55 AM

, why isn’t the unemployment number going up?

bopbottle on July 6, 2012 at 9:49 AM

The denominator also got smaller.

Less people looking for work..

If no one was looking for work..
And there was no jobs…
0% unemployment..

Electrongod on July 6, 2012 at 9:55 AM

At the risk of being labeled a racist, how can Blacks continue to support Obama when they already suffer from a higher unemployment percentage than Hispanics and as Ed pointed out, Obama wants to make more Hispanic eligible for what few jobs there are. I don’t understand the thinking. Well at least he is being transparent in this instance.

Cindy Munford on July 6, 2012 at 9:47 AM

Low/no information voters. They know who thinks they can dance and who is an american idol though.

Vince on July 6, 2012 at 9:56 AM

gas prices have fallen to incredibly high levels.

rob verdi on July 6, 2012 at 9:48 AM

It amazes me how people can be so optimistically stupid. Yesterday I mentioned to a co-worker I’m on vacation next week. When it came up that I was driving, they stated “at least gas prices are down.” Ugh. Really?

I left them after imparting the knowledge that gas prices were only slightly less astronomical than they were a month ago, but no where near where they should be.

Lost in Jersey on July 6, 2012 at 9:56 AM

Amjean on July 6, 2012 at 9:28 AM

None..ddrintn, gryphon, besser, renalin, riddick, honda et al aren’t here to criticize Obama and the havoc he has inflicted on the USA..they’re just here to beat on their chests and tell us how awesomely conservative they are..and to denigrate Romney every chance they get.

HumpBot Salvation on July 6, 2012 at 9:42 AM

Conservative my azz…A sad bunch of trollish, pathetic, boring imbeciles…

jimver on July 6, 2012 at 9:56 AM

PappyD61 on July 6, 2012 at 9:04 AM

You really wanna go there after all the Moochelle vacations, separate government planes to go on vacation, Martha’s Vineyard, Hawaii at $50,000, $500 tennis shoes, luxury celebrity parties every week at the White House?

Oh! I get the difference: Romney pays his own way, Owebamas charge the taxpayers. Of course they are really “in touch” with Americans

katablog.com on July 6, 2012 at 9:57 AM

At the risk of being labeled a racist, how can Blacks continue to support Obama when they already suffer from a higher unemployment percentage than Hispanics and as Ed pointed out, Obama wants to make more Hispanic eligible for what few jobs there are. I don’t understand the thinking. Well at least he is being transparent in this instance.

Cindy Munford on July 6, 2012 at 9:47 AM

It makes them feel good when Obama sticks it to the man…oh wait Obama is the man ;)

Dr Evil on July 6, 2012 at 9:58 AM

Conservative my azz…A sad bunch of trollish, pathetic, boring imbeciles…

jimver on July 6, 2012 at 9:56 AM

Let us know how you really feel! …LOL

sandee on July 6, 2012 at 9:59 AM

There are two factors (in no particular order):

- The aging population, most of whom are retired.
– People not looking for work in the 4 weeks prior to the survey.

I’ll take more of door number 2.

Steve Eggleston on July 6, 2012 at 9:53 AM

Much more of door #2. I was born in 1950 and most people of my age are definately not retired.

Vince on July 6, 2012 at 9:59 AM

DRUDGE_REPORT DOW PLUNGES… http://t.co/ENTef6Fe

Flora Duh on July 6, 2012 at 9:59 AM

I do not understand if we need to add 125,000-150,000 monthly to keep up with population growth and we are actually adding only 70,000-80,000, why isn’t the unemployment number going up?

bopbottle on July 6, 2012 at 9:49 AM

The U-3 rate calculates unemployment using only those not employed who are actively looking for work; people who become “discouraged workers” are not counted in the labor force. Even in the aftermath of a typical recession, there are large numbers of people who leave the labor force while the employment situation is bad (making the increase in the U-3 rate smaller) and then rejoin the labor force when the job market improves (making the decrease in the U-3 rate during a recovery smaller). Given our lack of any meaningful recovery over the last 3 years following the recession of 2008-2009, there is a much larger than usual pool of workers who have dropped out of the labor force.

Also, the monthly job growth numbers comes from a different survey than the monthly unemployment numbers, and the two surveys will have some amount of discrepancy in any given month.

DKCZ on July 6, 2012 at 10:00 AM

Steve Eggleston on July 6, 2012 at 9:19 AM

Thank you, sir.

So between 11.9% and 9.7% is the number Obama owns, as its the ceiling unemployment for just the past year.

budfox on July 6, 2012 at 10:00 AM

Lost in Jersey on July 6, 2012 at 9:56 AM

I believe Mr. Verdi was being witty, he’s known for that.

Cindy Munford on July 6, 2012 at 10:02 AM

gas prices have fallen to incredibly high levels.

rob verdi on July 6, 2012 at 9:48 AM

LOL! -I hope they aren’t crowing about that. As someone said the other day- 2011 was the worst year ever for gas prices. 2012 is the second worst. Ever.

Here in western PA it is $3.39 as of yesterday.

Night Owl on July 6, 2012 at 10:02 AM

mitt is talking now…

misery in america

cmsinaz on July 6, 2012 at 10:02 AM

And the official Obama administration response?

“Mitt Romney is a meanie!”

Common Sense Floridian on July 6, 2012 at 10:03 AM

Watch going forward as the communists will revise the numbers upward the closer we get to election day. And the monthly reports will show expanding job growth from the previous month.

bgibbs1000 on July 6, 2012 at 10:03 AM

hitting on manufacturing reports as well…good for mitt

the president’s policies have not been successful

keeo harping on that mitt

cmsinaz on July 6, 2012 at 10:04 AM

Did anyone see the exchange between Soledad O’Brien and Congressman from Georgia, arggggggggg, I know his name, re the jobs report?

He (R) was a little rhetorically shall we say strong but she was trying so very hard to defend Obama and he was countering every point. Until she, on screen, actually blew through her mouth—you know how you do when you’re exasperated!!! She ended the interview shortly thereafter.

Heh. She lost her cool. On air. In front of 372 viewers.

MaggiePoo on July 6, 2012 at 10:04 AM

If only another President had inherited a bad economy and turned things around President Obama could do those same things to help…..

Wagthatdog on July 6, 2012 at 10:04 AM

Yep! In St Louis, we went from $3.04 to $3.19. I haven’t been out today yet though.

Vince on July 6, 2012 at 9:53 AM

Did the St. Louis area suffer from the recent blackouts in any way?

NotCoach on July 6, 2012 at 10:05 AM

‘forward doesn’t look like forward’

hasn’t proposed any new ideas just the same ol’ same ol

cmsinaz on July 6, 2012 at 10:05 AM

MaggiePoo on July 6, 2012 at 10:04 AM

heh…hope newsbusters gets a clip

cmsinaz on July 6, 2012 at 10:06 AM

These people really don’t have a clue, do they?

Statement by Chairman of the Council of Economic Advisers Alan Krueger on the Employment Situation in June

While the economy is continuing to heal from the worst economic downturn since the Great Depression, much more remains to be done to repair the damage from the financial crisis and deep recession that followed. It is critical that we continue the policies that build an economy that works for the middle class and makes us stronger and more secure as we dig our way out of the deep hole that was caused by the severe recession. There are no quick fixes to the problems we face that were more than a decade in the making. President Obama has proposals to create jobs by ending tax breaks for companies to ship jobs overseas and supporting State and local governments to prevent layoffs and rehire hundreds of thousands of teachers.

Today’s report from the Bureau of Labor Statistics (BLS) shows that private establishments added 84,000 jobs last month, and overall non-farm payroll employment rose by 80,000. The economy has now added private sector jobs for 28 straight months, for a total of 4.4 million payroll jobs during that period. Employment is growing but it is not growing fast enough given the jobs deficit caused by the deep recession.

The average work week for private sector workers rose by 0.1 hour in June. Aggregate private sector work hours posted their largest gain since February, rising by 0.4 percent. The stronger increase in work hours than in payroll employment suggests that many businesses chose to expand on the intensive margin as opposed to the extensive margin in June.

The unemployment rate was unchanged at 8.2 percent in June, according to the BLS household survey. The unemployment rate is 0.9 percentage point below its level a year ago.

Manufacturing employment continues to expand and manufacturers added 11,000 jobs in June. After losing millions of manufacturing jobs in the years before and during the recession, the economy has added 504,000 manufacturing jobs since January 2010–the strongest growth for any 29-month period since April 1995. To continue the revival in manufacturing jobs and output, the President has proposed tax incentives for manufacturers, enhanced training for the workforce, and measures to create manufacturing hubs and discourage sending jobs overseas.

Other sectors with net job increases included temporary help services (+25,200), leisure and hospitality (+13,000), and wholesale trade (+8,800). Retail trade lost 5,400 jobs, government lost 4,000 jobs, and motion pictures and sound recording lost 4,200 jobs. Local governments shed 14,000 education jobs.

As the Administration stresses every month, the monthly employment and unemployment figures can be volatile, and employment estimates can be subject to substantial revision. Therefore, it is important not to read too much into any one monthly report and it is informative to consider each report in the context of other data that are becoming available.

Flora Duh on July 6, 2012 at 10:06 AM

A lot of people saying “don’t watch Fox News” today.

Wagthatdog on July 6, 2012 at 10:06 AM

bringing up health care plan too

time for america to choose

cmsinaz on July 6, 2012 at 10:06 AM

Is the administration failing now? Or do we have to wait until all hell breaks loose?

Fuquay Steve on July 6, 2012 at 10:06 AM

Watching RINO Romney and so far not one word from him about how commie care also is preventing job creation.

bgibbs1000 on July 6, 2012 at 10:06 AM

taking questions…this should be good

cmsinaz on July 6, 2012 at 10:07 AM

…MSM…good news!…good news!
.
.
.…it’s the ECONOMY stupid…!!!

KOOLAID2 on July 6, 2012 at 10:07 AM

Cue conservative celebration and a sigh of relief.

libfreeordie on July 6, 2012 at 8:40 AM

Cue liberal misdirection and head in the sand.

dominigan on July 6, 2012 at 10:07 AM

Let us know how you really feel! …LOL

sandee on July 6, 2012 at 9:59 AM

Bored with morons like you…. LOL

jimver on July 6, 2012 at 10:07 AM

4 more years of the same? That’s what they’re going with?

Wagthatdog on July 6, 2012 at 10:07 AM

I believe Mr. Verdi was being witty, he’s known for that.

Cindy Munford on July 6, 2012 at 10:02 AM

Yeah, I got that. Sorta like chocolate rations have increased from 8 grams to 6 grams.

My point was, that there are an awful lot of people out there who truly buy the media spin he was referring to: that gas prices are reasonable and falling.

Lost in Jersey on July 6, 2012 at 10:08 AM

Mitt listing what he will do – step by step.

Good!

gophergirl on July 6, 2012 at 10:08 AM

Gas prices here in western NY hover at around $4 a gallon, but much of that is in taxes.

A few years ago, when the price was a ‘crisis’, it was suggested that government forgo the taxes for six months.

Congresscritters scattered like cockroaches under a bright light.

Liam on July 6, 2012 at 10:08 AM

If the people have run out of benefits and still don’t have a job, they are not included in the unemployment numbers. As this recession continues, more people will drop out of the unemployment number as they lose their benefits.

Voter from WA State on July 6, 2012 at 10:05 AM

More-properly, if they stop looking for work, they’re not included in the U-3 number. If they continue to not look for work, in a year, they’re no longer included in U-4, U-5 or U-6.

Steve Eggleston on July 6, 2012 at 10:08 AM

sounding real good against this lsm

cmsinaz on July 6, 2012 at 10:09 AM

We just need another stimulus and massive entitlement. That should straighten everything out.

Dash on July 6, 2012 at 10:09 AM

If only another President had inherited a bad economy and turned things around President Obama could do those same things to help…..

Wagthatdog on July 6, 2012 at 10:04 AM

@JimPethokoukis Obama’s 3-year recovery has created 2.7 million new jobs vs. 13 million for Reagan Recovery http://t.co/a5AfAztk

Flora Duh on July 6, 2012 at 10:09 AM

Flora, unbelievable. Just stunning. The WH just needs more time because of the disaster GW left them… Disgusting..

sandee on July 6, 2012 at 10:09 AM

Just add this wonderful news to ObamaTax & taxmaggeddon and January 2013 is looking like a real train wreck.

We have one chance left. Sorry, it ain’t Gary Johnson.

ICanSeeNovFromMyHouse on July 6, 2012 at 10:10 AM

And the official Obama administration response?

“Mitt Romney is a meanie!”

Common Sense Floridian on July 6, 2012 at 10:03 AM

The News media Obama response:

“Why just LOOK at these people! Mitt Romney and his Wife
are…are…ARE….JET SKIING!!!!!!!!

New Obama Campaign ad coming to a Flat Screen TV near you.

“HELP US TAKE BACK THIS COUNTRY FROM THE EVIL RICH!!”

ToddPA on July 6, 2012 at 10:10 AM

This report and President Obama has yet to take any questions on Arizona law, Healthcare law, or anything else for that matter and actually scolds someone for asking any.

Wagthatdog on July 6, 2012 at 10:10 AM

gas prices have fallen to incredibly high levels.
rob verdi on July 6, 2012 at 9:48 AM

No kidding. Shot back up to 3.65 here.

Lord of the Wings on July 6, 2012 at 10:10 AM

good for him about taking vacations…what a stupid question…

cmsinaz on July 6, 2012 at 10:10 AM

he is not president….yet

geez

cmsinaz on July 6, 2012 at 10:10 AM

jimver… I was on your side.Sorry if it seemed otherwise…

sandee on July 6, 2012 at 10:11 AM

sounding real good against this lsm

cmsinaz on July 6, 2012 at 10:09 AM

Yep he’s really answering every stupid question very well.

gophergirl on July 6, 2012 at 10:11 AM

aiting for Shep Smith to put the lipstick on a pig at 3pm. How “this is good for your 401k.” LOL!

kevinkristy on July 6, 2012 at 10:11 AM

The Clown-in-Chief is driving around Ohio and Pennsylvania touting his “saving” the auto industry at what, about a 25-35 billion dollar loss to the American taxpayer.

maubman on July 6, 2012 at 8:47 AM

Talk about being out-of-touch! Many of the GM plants (like Delphi) closed years ago, destined for cheaper pastures.

The big automaker in Ohio is… HONDA! They are a huge employer, with their main plants in Marysville, and lots of parts plants scattered over the rest of the state.

dominigan on July 6, 2012 at 10:11 AM

The 0 Economy™

Bmore on July 6, 2012 at 10:12 AM

Yep he’s really answering every stupid question very well.

gophergirl on July 6, 2012 at 10:11 AM

yepper

cmsinaz on July 6, 2012 at 10:12 AM

did mitt have a stroke? he seems sluggish.

renalin on July 6, 2012 at 10:13 AM

80k Jobs added—Breaking: Correction, 79,999 jobs added—Obama resigns!

Rovin on July 6, 2012 at 10:13 AM

chuck todd bashing mitt for pivoting from health care questions

nevermind the stupid questions you ask dear leader and the pivot that dear leader does constantly…

cmsinaz on July 6, 2012 at 10:14 AM

Yep! In St Louis, we went from $3.04 to $3.19. I haven’t been out today yet though.

Vince on July 6, 2012 at 9:53 AM

North of Dallas we went from 3.06 to 3.19,

The Iranian chest thumping is driving the price back up. It’s pretty predictable, and the oil speculators use it as an excuse to drive the price back up.

All anyone needs to do is take a look at the assets we have sent to the Straights of Hormuz. Our Navy isn’t going to allow the Iranians to close squat or interrupt shipping period.

Dr Evil on July 6, 2012 at 10:14 AM

todd
obama selling optimism and mitt selling pessimism

cmsinaz on July 6, 2012 at 10:15 AM

chuck todd bashing mitt for pivoting from health care questions

nevermind the stupid questions you ask dear leader and the pivot that dear leader does constantly…

cmsinaz on July 6, 2012 at 10:14 AM

At least he takes questions…

sandee on July 6, 2012 at 10:15 AM

todd
obama selling optimism and mitt selling pessimism

cmsinaz on July 6, 2012 at 10:15 AM

Obama selling snake oil…

sandee on July 6, 2012 at 10:16 AM

Did the St. Louis area suffer from the recent blackouts in any way?

NotCoach on July 6, 2012 at 10:05 AM

No,knock on wood and thank God. We’ve had record highs a number of days in a row with temperatures from 103 to 109!!!

My house was built 40+ years ago for two farm ladies, sisters, who used baseboard heating units and window fans. I have two window air units in but they can’t keep up with the heat and I am seriously considering installing central heating and cooling.

Vince on July 6, 2012 at 10:17 AM

mitt asking for specifics from obama. LOL. he’s just made obamacare the law of the land you ninny.

renalin on July 6, 2012 at 10:17 AM

Gas prices here in western NY hover at around $4 a gallon, but much of that is in taxes.

A few years ago, when the price was a ‘crisis’, it was suggested that government forgo the taxes for six months.

Congresscritters scattered like cockroaches under a bright light.

Liam on July 6, 2012 at 10:08 AM

You also don’t have any refineries due to policy decisions and thus have to pay a premium for long transportation routes for your fuel.

KW64 on July 6, 2012 at 10:17 AM

todd
obama selling optimism and mitt selling pessimism

cmsinaz on July 6, 2012 at 10:15 AM

I think Todd is going to pop a blood vessel here soon.

gophergirl on July 6, 2012 at 10:17 AM

All anyone needs to do is take a look at the assets we have sent to the Straights of Hormuz.

Dr Evil on July 6, 2012 at 10:14 AM
Is Barry sending assets to the gays of Hormuz?

bayview on July 6, 2012 at 10:18 AM

Obama selling snake oil…

sandee on July 6, 2012 at 10:16 AM

Obama sells nothing. He simply takes the money and returns nothing.

In legal parlance, that’s called embezzlement.

Liam on July 6, 2012 at 10:18 AM

Well, it’s better than the 10% unemployment he inherited from Bush. -Waxman

Wagthatdog on July 6, 2012 at 10:18 AM

mitt asking for specifics from obama. LOL. he’s just made obamacare the law of the land you ninny.

renalin on July 6, 2012 at 10:17 AM

He was talking about the economy.

Maybe you should listen before you go into your “Romney bad” mantra.

gophergirl on July 6, 2012 at 10:19 AM

As Chip Diller says:

“Remain calm!”
“All is well!”
“Remain calm!”
“All is well!”
“REMAIN CALM!!!!”

Jumps up and down like a panicked prank monkey.

Jack Deth on July 6, 2012 at 10:20 AM

At least he takes questions…

sandee on July 6, 2012 at 10:15 AM

tru dat

sandee on July 6, 2012 at 10:16 AM

indeed

cmsinaz on July 6, 2012 at 10:20 AM

Lost in Jersey on July 6, 2012 at 10:08 AM

I heard one of those dummies (media) said it had fallen 50% from it’s high instead of $.50. I am sure it was an honest error./

Cindy Munford on July 6, 2012 at 10:20 AM

Rich Lowrey of National Review now on FOX suggesting that GOP will just tweak commie care.

Folks ROMNEY and the GOP are not going to repeal it so get use to it.

bgibbs1000 on July 6, 2012 at 10:20 AM

gophergirl on July 6, 2012 at 10:17 AM

i believe so

cmsinaz on July 6, 2012 at 10:21 AM

gophergirl on July 6, 2012 at 10:19 AM

sorry, i forgot you mitt supporters don’t see the link between obamacare and jobs.

renalin on July 6, 2012 at 10:21 AM

Boortz just added to the discussion on why the unemployment numbers aren’t going up. In addition to those that dropped out of the work force (thanks for all the great answers to that earlier question) there are a large number of people being granted disability benefits. He suggests the administration is encouraging that to keep the unemployment number down. Interesting.

bopbottle on July 6, 2012 at 10:21 AM

did mitt have a stroke? he seems sluggish.

renalin on July 6, 2012 at 10:13 AM

mitt asking for specifics from obama. LOL. he’s just made obamacare the law of the land you ninny.

renalin on July 6, 2012 at 10:17 AM

None of what you have been doing help Palin now or in the future.

bayview on July 6, 2012 at 10:22 AM

Mort Zuckerman: ObamaCare cost Americans 2 million jobs…Go Barry!

d1carter on July 6, 2012 at 10:23 AM

chuck todd bashing mitt for pivoting from health care questions

nevermind the stupid questions you ask dear leader and the pivot that dear leader does constantly…

cmsinaz on July 6, 2012 at 10:14 AM

@NoelSheppard Seen today’s jobs report? RT @chucktodd: Total punt by Romney on health care. Pivots as quickly as possible back to economy

@RBPundit Maybe you missed the BLS report today? RT @chucktodd Total punt by Romney on health care. Pivots as quickly as possible back to economy

@NoelSheppard What’s nation’s top priority now? RT @chucktodd: Total punt by Romney on health care. Pivots as quickly as possible back to economy

@NoelSheppard .@chucktodd You want to talk about healthcare with another bad jobs report just out? Where are YOUR priorities?

@JonahNRO Or: He stays focused on news/message of dayRT @chucktodd: Total punt by Romney on health care. Pivots as quickly as possible back to economy

@jwarner180 Total punt by @chucktodd on today’s jobs report. Pivots quickly to Romney

Flora Duh on July 6, 2012 at 10:23 AM

Obama knows how to fix our problems, we just have to elect him again and he’ll tell us the secret he kept the first 4 years.

Wagthatdog on July 6, 2012 at 10:23 AM

mitt says obama promised to keep the unemployment rate below 8 percent. the libs are going to love that clip, because come november i can guarantee its going to be below 8%.

renalin on July 6, 2012 at 10:24 AM

Comment pages: 1 2 3 4 5