The most honest thing Jay Carney has ever said

Posted by: Barthélemy Barbancourt

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MR. CARNEY: Well, the White House doesn’t create jobs.

No shit Sherlock!

How about we ask whether the White House destroys jobs? I'm guessing Mr. Carney will be less than candid there.

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Woody
...
written by Woody , August 05, 2011

You should be pleased Bart. Maybe Mr. Carney was right. In July ~ 165,000 private sector jobs were created and ~55,000 government jobs were shed. Progress! Let's keep it going!


jk noreen
Art Carney! Jane Keane! Sheila MacCrae! What a joke...
written by jokin , August 07, 2011

written by Woody , August 05, 2011

"You should be pleased Bart. Maybe Mr. Carney was right. In July ~ 165,000 private sector jobs were created and ~55,000 government jobs were shed. Progress! Let's keep it going!"

Not sure where you get your data from, but according to the BLS report, 154,000 private sector jobs were created in July and 37,000 government jobs were "shed", with a net gain of only 117,000 jobs created. But if you read down in the report, you soon realize that 23,000 of the "shedded" jobs in government were from the State of MN government shutdown, so they weren't really lost, after all.

As far as this representing progress, you need to better understand trends:

1) while this data was an improvement over the previous month, the US economy needs to average 125,000 net new jobs/month just to maintain average population increases, so 117,000 is a Fail.

2) the trend from quarter to quarter is falling dramatically- 1Q was averaging 215,000/month and 2Q fell to 72,000/month.

3) the US economy would have to average 250,000 jobs/month from now to the 2012 election just to get the unemployment average in the 8-8.5% range, a virtual impossibility, given the damage and economic uncertainty that this Administration has wrought.

And remember: This is an 8-8.5% level that Obama campaigned would be his worst number, not his best!

So, you can cheerlead all you want, but you're just spitting in the wind. The good news for you is found in reading the comments sections in the NYTimes and the WaPost. The liberal faithful are ready to keelhaul Obama after the debt-ceiling fiasco, which means if Bammy has any brains, he goes all Clinton-triangulation over the next 5 quarters and cuts a deal with the Repubs when the 12 Apostles on the Spending Supercomittee meet in the fall. This could spur enough growth incentives in the economy and distance himself from the Fellow Travelers on the Left, to encourage businesses to start spending and hiring. It's a small window of opportunity, but I doubt he has the political sense that Bill Clinton had to take it.







http://www.bls.gov/news.release/empsit.nr0.htm



Barthélemy Barbancourt
Obama is no Clinton
written by Barthélemy Barbancourt , August 08, 2011

Obama is another Jimmy Carter. He doesn't have the sense or experience to work his way out of this mess (Did I mention that Obama hates to work too?)



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