Jobless jitters in the White House?
President Obama faces tough economic numbers
- Duration 5:24
- Date Aug 3, 2012
President Obama faces tough economic numbers
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Life timing is everything in the timing couldn't be worse for President Obama with 95 days or so till the election we learned today that Americans unemployed increased by 45000.
Last month and the unemployment rate jumped to a staggering eight point 3% and that's the good news.
The bad news is something you probably not gonna here in the liberal mainstream media but you are here -- we're keeping it real gasoline is spiking in a big way.
Check out what's going on with gasoline and note the battleground states Obama held in 2008 are the hardest hit first up Ohio check it out.
State of Ohio -- overnight.
Fifteen cent jump in gasoline prices overnight 45 cents over the last month electoral votes in Ohio eighteen next.
Michigan thirteen cents jump overnight 42 cents of the -- sixteen -- electoral votes -- Florida two cents overnight 31 -- wanted to but one or 29 electoral votes in Florida by the way ten electoral votes in Wisconsin you can bring it -- out to us now.
Bob four states four battleground states having a hard time of the gasoline price how in the world you get past that.
The well how the word you get passes to tell -- actual says it figures for smaller 166000.
New jobs last month.
Yes there were more people leave in the workforce and all that but -- a 160000 jobs created.
Gasoline generally goes up as you welcome those of former gas -- in the summer.
And it's much less than it was a year ago fifteen cents overnight in -- it's much less than it was a year ago he says it was a year over its.
More than a -- many years ago barriers going Obama realizes this is this as -- vacation time -- -- Just give me but I sent an traitors like you who cannot -- can demonize all you want but the numbers RI -- and Obama his administration has take ownership admit they are not -- -- -- in the White House in this three more job reports coming -- before the election won on November 2.
You know it's -- is not demonize anybody -- and Maalox do you think David Axelrod reach for Roni size numbers -- specially.
It's almost double what employment is so that lot of people working -- -- at Taco Bell with the law degree they've got to be pretty ticked off I mean think about that millions of Americans who are.
Now they have jobs but they're angry because they're not the job that they want to win Wednesday -- his.
Who they blame come November I think it they get they get a little volley I -- get there about personal -- Doctor -- is probably good starts.
Explain how do you -- Romney got all the lawyers working fast food restaurants isn't good for the economy got it -- look I have a question.
I have a question and I have a common my question is okay 150 -- Thought that 155000.
People left the workforce.
Where they go it's like a giant kidnapping it would what are they hiding are they are they in the MSNBC lineup lot of -- Social Security lot of this other thing.
Youth unemployment eighteen to nineteen year old.
-- up at 22%.
That's one at a five when young people are working.
It's Gary that's how menu -- started even even if I got used usually by DJQ percent Bobby wanna you wanna play funny numbers here the real not know you play did I -- the real -- I don't really give the economy has that create a 120000.
Jobs just keep up of people moving here.
Birth rates and people graduate we did like this is usually what -- -- agree with that number at least it's it's a well known -- CB yelled tell you that aren't a 100000 of them.
During the term -- President Obama it's 42 months he's been.
Forty to four months he's been president if you do the math 42 times a 120000 that's five million people have come into the workforce.
They're not working.
There are five million people who are working dipped four point five million jobs created which means is their loss of there are 300000.
Fewer people working in America today in January and an evening I'm the workforce -- -- -- security this is an aging workforce and that's what's happening -- -- -- That's what's happening their big lead in the workforce -- going on.
Why it's it's -- like Jesus is thought adult they take thwart -- that's all I know meaningless and you say -- 163000.
Jobs added in July because guess what does it again eighteen hole and just pouring through with people are now long term unemployment losing jobs we're not adding back in I'm not.
And donate people attorney who journal let's get Social Security -- -- every month but that's why it -- -- -- -- -- that -- -- but that's -- that's -- it's -- what's the plan whats Obama gonna do -- Criticizing cut taxes on the stretch and didn't -- the god and the other had a very public it's a very very cherished sites and both.
Of these two men have to define what they're gonna do and I'm not sure both of them have clearly that -- didn't.
-- added every economist at I've heard from has said that Romney is gonna increase taxes on the middle class city well the guy is tell the truth about much of anything you don't -- -- On Iraq here's Romney's ability Joplin is it's -- -- of -- four words I won't be him.
All right I'll -- your -- get -- a light years.
I'll tell you its economy is now become like the Olympics it's a spectator sport.
People are on the couch sitting it out for two reasons one they don't have confidence in this economy -- small businesses aren't hiring.
Number two they have extended unemployment benefits that the so the economy's getting screwed from ball ends.
Try not to make a joke out of that Bob.
I thought you know I don't know what I'd disarmament or -- -- are coming up at Ronnie Miller.