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Jim Pinkerton and Kirsten Powers delve into the President's recent statements about jobs and which candidate Americans trust to fix the economy
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I want to welcome our panel and talk about a lot that's been going on a very busy day for the president on this Friday embarking into his weekend.
Where he addressed the nation on the economy.
Specifically job growth and and and really hitting on three major points.
That he hopes will help.
Boost the economy add jobs which is the number one key issue.
That the president wants to stress to Americans joining me now here on set is Jim Pinkerton contributing editor and writer.
The American conservative magazine and a Fox News contributor he's also on Twitter.
And it's JP Pinkerton gave.
James.
She's also on Twitter and joins me now from Washington.
Andy's act Hairston powers ten the number ten there are probably -- -- teachers and parents out there it's of any had to -- tend to identifiers.
Think for all over the -- hit hit hit it but we love you and you're the one and only -- -- all right so.
First let's get back to the president and his delivery today.
You know he came out basically to talk about you know a tough week of tepid job numbers.
A loss at Wisconsin.
And then -- continued economic chaos so that has been developing in Europe in the fall out.
That we've been feeling here in the United States first I just want to.
Run a quick clip of President Obama talking about McGraw that the growth in our interests in our in our during our recovery and the group that's needed really.
And let's -- that will react.
Today we're fighting back from the deepest economic crisis since the Great Depression.
After losing jobs or point five months in a -- our businesses have now created.
Jobs for 27 months and -- Four point three million new jobs and all.
-- -- job growth in this -- been stronger than in the one following the last recession a decade ago.
So the president they're emphasizing on.
Strong job growth during this economic times would you would you -- agree that the majority of Americans feel that right now they're seeing strong -- group.
I -- I don't think so I think that.
By about two to one the American people show we're on the right track and -- on the wrong track to close the right track.
And I also seen a steady diet it's at the chart on the kind of publication all the business insider and they must get somewhere.
That says is actually the worst recovery and jobs.
Simpson oppression and -- eighty years or so I -- I -- I'm not quite challenging the president's is to their pitchers got some way of measuring it but by most measures this has been.
A very inferior recovery.
You're still the president says -- that the job growth in this recovery has been stronger than in the one following the last recession a decade ago.
I mean he's not making this stuff up I mean is this.
Do you believe giving any kind of reassurance to those who are sitting on the unemployment lines to back.
Well elected you're unemployed it's not gonna really matter if you're carrying it a few other people are getting jobs it's not really gonna make -- matter what the unemployment -- is this is gonna matter whether.
You are unemployed and I think -- -- like he's trying to do is.
Say.
You know these aren't the way they they need to be able war on the right trajectory so we are saying yes things are still bad but what -- -- you know we are.
Adding jobs we're not losing jobs -- you know before when he came -- we were losing jobs.
I'm so stick with me because were on the right path and that's that's his his cell that's what he asked to sell people on.
That if you switch to Romney.
It's gonna somehow undo this trajectory.
That we want to stay on.
So he's trying to convince Americans that they were on the right path he never said any never claimed that he would come out and fix the economy overnight obviously this is a work in progress -- -- many many years to turn around.
Actually he did.
Promised back you don't mind that he would -- it kind of well but it does not it would happen -- I guess my point nobody said it would -- -- well within three years that book that lives because of economic advisors for this little chart.
The -- unemployment peaking at 8% -- -- and then declining I think to five or 6% -- 2013 so we're almost -- to desert you know so that that the chart that they.
Sold the stimulus package on back in 2009.
Was extraordinarily different from the -- reality which is now confronting.
Well when he when he says that he has created it now in the past 27 months in a -- four point three million jobs.
New jobs I mean.
That is obviously not a bad thing for the president to be announcing the do you believe those well.
Not I think that you -- point three million number is -- and I think -- not accusing him of being an accurate about that I am saying that.
Beyond that the unemployment rate fell much more sharply under President Reagan after there was coverage after the recovery of that recession of 1980 which is which is about comparable want to do it to this last one.
And I am saying that -- most measures.
This recession has been as we -- and -- and in addition this issues issues of other measures unemployment like you by revenues six in the labor force participation -- would show the actual number people have jobs.
Those are historic lows those are those are plummeting right now.
Your sense that I don't -- -- I just you -- -- you said -- com it's comparable to the Reagan recession they're completely is structurally different.
Recessions like this is much more akin to what happened before the depression it's and that's the comparison really it's not.
When Reagan was president yes economy was very -- when he came and but the entire banking system had just collapsed and it it's a it's a very different thing and any economist would tell you that the -- -- After what happened.
Into the banking system.
Are much slower than the kind of recovery that you will see in other.
You know economic downturn let's talk about.
What Americans think regarding who they think we'll do a better job because the president is trying to reassure Americans stick with me to secure -- literally just said an -- if you take a look at the most recent Fox News poll asking whether.
The president Obama's strengths measure up to Mitt Romney is when it comes to certain topics such as of course the economy.
And job creation those -- the two major issues.
39%.
Believe.
President Obama would do a better job on the economy with Romney at 46% -- their favoring Romney when it comes to trust in what he can do.
For the economy moving forward if he's elected as for job creation once again Mitt Romney is ahead of President Obama Americans believe 46% of those polled.
Believe that Mitt Romney would be more successful -- adding more jobs -- unemployment rate verses president Obama's 39%.
As for taxes Mitt Romney again is above.
Obama at 44% to his 40%.
Doing a better job on taxes.
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