New Evidence Destroys Major Romney Talking Point

New Data Show Net Job Growth Under Barack Obama

The Labor Department on Thursday morning quietly released a new benchmark for payroll employment in the U.S. It turns out that with the revision, there has been net job growth -- not much, but more than nothing -- during Obama's first term.

It takes away a weapon that former Massachusetts Gov. Mitt Romney, the Republican nominee for president, has used repeatedly to hit Obama: the claim that there has been a net job loss since he took office.

That claim was arguably unfair in any event, given the state of the economy when Obama took on the worst job in America: The economy was shedding about 750,000 jobs per month just before and after his inauguration. With the new benchmark revisions, it added about 194,000 jobs per month in the year up to March 2012, according to Wharton economics professor Justin Wolfers.

These numbers do not change the unemployment rate, because they are derived from a survey of businesses that is separate from the household survey that determines the unemployment rate. Unemployment is still too high at 8.1 percent, and job growth has weakened noticeably in recent months -- Thursday's benchmark revisions don't change that.

Still, by taking away one big talking point from Romney, these revisions could be politically significant.

http://www.huffingtonpost.com/2012/09/2 ... f=business

Dang... Another talking-point down the drain... Yesterday it was the RMoney admission that Obama had, in fact, NOT RAISED TAXES on the American people in his first term of office...Now, today, we find out that the lie about losing more jobs than he created is just more bullpucky.

But, from "oversampled Democrat" polls to lies about "taking the work out of welfare", RMoney and his staff keep repeating the mantra that " “We're not going to let our campaign be dictated by fact-checkers." (Translation: "We don' need no steenkin' facts...")

Looks like Gov Etch-a-Sketch is still just throwing stuff up on the wall to see if it sticks... (Pssst: It doesn't.)


There...That's 10 to 5.....

:woo hoo:

on that note wrote: Should you really be posting about talking points when all your "talking" is one sided and you cannot even listen to opposing points of view?

Should you be complaining about that when we know at least as many of the right-wingers have me on Ignore as you seem to think I have on Ignore? Perhaps there are some I don't have on Ignore, but that I consider too stupid to respond to?

Your item about job creation is disproved by the numbers you use. 8% unemployment for more months than all other presidents combined. Under Obama, he doesn't lead, the jobs he creates are poor and not even enough to make up for legal immigration and teens and college students entering the job market.

Under "W" we had the housing crisis, under Obama today is a story about the college debt rate. 1 out of 5 homes has major college debt issues because Obama has been unable to create jobs for these graduates. What have college students seen under Obama? More loans they can't afford and college tuition rising faster than inflation.

The Left likes to whine about record oil profits, but what about record prices for a college diploma? And it keeps climbing.

Just using the Dem talking point that goverment creates jobs. I believe it can be used to prime the economy during a recession, get people spending, but four years later, no one is buying that Obama can lead us out of economic malaise.

New blood is needed, Obama can't even lead his own party, did you see congressional Democrats voting down his budget? Talk about a slap to the face. Even his own party pronounced his budget dead on arrival.

Obama supporters, what do I hear from them? Nothing about what they expect Obama to do if he wins. It is all about the scary boogyman Mitt because they know BHO is a empty suit. Better as a fundraiser than a diplomat. Better as a speechmaker than a leader in Washington.

FredHayek wrote: Your item about job creation is disproved by the numbers you use. 8% unemployment for more months than all other presidents combined. Under Obama, he doesn't lead, the jobs he creates are poor and not even enough to make up for legal immigration and teens and college students entering the job market.

Under "W" we had the housing crisis, under Obama today is a story about the college debt rate. 1 out of 5 homes has major college debt issues because Obama has been unable to create jobs for these graduates. What have college students seen under Obama? More loans they can't afford and college tuition rising faster than inflation.

The Left likes to whine about record oil profits, but what about record prices for a college diploma? And it keeps climbing.

A) A great part of the student loan debt, BEFORE Obama got the middle men--the banks--out of it, was the additional costs of borrowing the money; which allowed the banks to get even richer off of the students. With much howling and screaming and yelling about "government interference", that's gone now. And even though the GOTP has tried to double the loan-interest rates on a couple of occasions, it hasn't worked so far, and the interest rates have been cut in half.
The cost of obtaining a degree and the rates that colleges charge is a function of the 50 states and their state-supported institutions. Have they been greedy? Yes...Have they raised rates faster than the rate of inflation...Yes...And they've been doing it for decades. What's that got to do with Obama? You wanna blame him? Go back to the last 5-6 presidents...NONE of them have any sway over what state-universities and colleges charge.
C) The whine about oil profits is because they gouge consumers at the pump, and still manage to put $4 BILLION of taxpayer's money into their pockets EVERY YEAR, and use it to gouge consumers even more. And NOBODY, except the Righties, believe that a president has SQUAT for control over oil company prices. The prices are a function of not only the market, but unrest in areas where oil is produced, the effect of futures-traders and Wall Street speculators, and whatever the oil companies think they can get away with.

Jeez, it's just like your outrage-of-the-day about "free contraception." You hear a buzz-word, and haven't got a clue what you're talking about... You want to mix apples, oranges, bananas, cumquats and drivel from Hannity and Limbaugh, apparently without understanding ANY OF IT... And juxtaposing all of your buzzwords into the same rant, when most of them have nothing to do with each other is entertaining, but stupid.

FredHayek wrote: Just using the Dem talking point that goverment creates jobs. I believe it can be used to prime the economy during a recession, get people spending, but four years later, no one is buying that Obama can lead us out of economic malaise.

New blood is needed, Obama can't even lead his own party, did you see congressional Democrats voting down his budget? Talk about a slap to the face. Even his own party pronounced his budget dead on arrival.

Obama supporters, what do I hear from them? Nothing about what they expect Obama to do if he wins. It is all about the scary boogyman Mitt because they know BHO is a empty suit. Better as a fundraiser than a diplomat. Better as a speechmaker than a leader in Washington.

That one is getting tiresome... Presidents don't CREATE budgets...Congress does... They loaded it up with so many "poison pills" it was unrecognizable, and you BET his own party wouldn't pass it with all the crap that got added...And then you add to that the fact that the GOTP made a vow to kill anything he did, in order to make him a "one-term president", and you got exactly what everyone expected...

----

Now give me the standard crap about how "he had control of, and a majority of both houses" and could do "anything he wanted" for two years... PLEASE... I'll cram it down your throat the same way I do EVERY TIME you try to pull that one....