Friday, December 2, 2011

Inflammatory Remarks Between Obama and Romney Camps Over New Unemployment Numbers

The Labor Department on Friday announced the nation's unemployment rate fell to 8.6% last month, the lowest level since March of 2009, with employers adding 120,000 jobs, marking a pick up in hiring from October.

President Obama's re-election campaign all of the sudden has bragging rights - not much, needless to say. But Mitt Romney swiftly attack all of that with this press release:
"Today’s unemployment figures bring to 34 the number of months that unemployment in the United States has been over 8 percent, the longest such spell since the Great Depression. The Obama administration may have come to accept such a high level of joblessness as the new normal. I will never accept it. To me, the fact that so many millions of Americans are unemployed only highlights the urgent need for a fundamental change in the direction of our country. We can’t afford another year of President Obama’s failed economic policies. And we certainly can’t afford five more years. This is not exactly the hope and change that the American people bargained for."

This statement has been on website for 2 days now, and there are 0 tweets and facebook shares of it. You can make up your mind on that however you want :-)

The White House applauded the new numbers, but said more work remains.
"Today's employment report provides further evidence that the economy is continuing to heal from the worst economic downturn since the Great Depression, but the pace of improvement is still not fast enough given the large job losses from the recession that began in December 2007," said Alan Krueger, Chairman of the Council of Economic Advisers, in a statement.
Search Obama'12 Articles ▼

OBAMA and Economy