On September 7, 2012, Conor Daughtery and Damian Paletta of the Wall Street Journal called,"Jobs Data Weigh on Obama, Fed" The article consisted of both politics and economics. Currently, we have twelve million people unemployed in America. The Labor Department just announced that more jobs are being created as time progresses. Just this month alone, 96,000 jobs were created. In the month of July, 146,000 jobs were created. The unemployment rate decreased from a national average of 8.3 percent to 8.1 percent. President Obama says, "We need to create more jobs faster." He also stressed the importance of being patient as the severity of the job crisis will not be taken care of over night. The Republicans immediately took advantage of this opportunity and restated the answer to why we need change in the oval office. This is important because these economic facts show us that America is past the stage of being at rock bottom and is now finally starting to get up on its feet. The path to a better future is more clear.
You made a good point about the Republicans jumping at any opportunity to throw Obama and the Democrats under the bus, because America's unemployment rate is very high compared to previous years. I believe that us Americans must be patient with the recession, because the economic hole that Obama had to get out of was so massive, that it will take more than one presidency term to fully recover from this major recession. The national debt is increasing, but soon after the United States pulls their troops out of Afghanistan, we will slowly be able to pay off the debt and at the same time create jobs to stimulate the economy. America's future looks brighter, as both Governor Romney and President Obama promise to make the improvement of the economy their focal point for the next four years. After all, patience is a virtue.
ReplyDeleteYes, during Obama's time in office the recession occured, but we have to go back to the roots of the problem. It was not Obama's office that causes the recession, it was everything that build up to that point. From the moment George W. Bush declared war and began his second term as president, it went downhill from there. Obama was just the one that inherited the country in a horrible state. During Romney's acceptance speech for being the candidate for the republican party, he said "Are you better off than four years ago?". I would answer yes because Obama did decrease the unemployment rate by a little, and started a universal health care plan that works for everyone in this country. His plan for improving the economy is the one I agree with, and that is why I agree with you George on the fact that yes, the path to a better future is becoming more clear.
ReplyDeleteAs every other country America will have its ups and downs. I think the last statement you made is very true about our future. Slowly but surely the economy will get better and Americans will get back to the way they were. Also, as Adam said, this recession was not solely President Obama's fault and I agree that it will take more than one term of presidency to get out of this recession.
ReplyDeleteThe Republicans try to find a way to make Barack Obama seem like he is doing his job incorrectly, but he is not perfect, and neither are the Republicans. The number of jobs that have been created may not seem like much, but it is a major improvement. Obama's attempt to making more jobs at a quicker pace is very impressing, and he makes the future for all American citizens bright and clear.
ReplyDeleteIt is quite wonderful to see that America is slowly enhancing more job opportunities for people. About four years ago, after Bush left his seat, the nation was thrown into a huge economic slump and, which Obama attempted to fix. I understand him that people need to be patient because fixing this recession takes a vast amount of time. The Republicans obviously do not miss the slightest chance to use Obama's words against him. I concur that it was not Obama's term that caused all of this to happen. However, I completely understand the impatience of the people considering that by far no candidate has kept his word for improvement and a better country.
ReplyDeleteAll presidents tend to say that we need to create jobs, but it seems like Obama is actually trying to make a difference. We always criticize presidents for their lack of ability to
ReplyDelete"create jobs," but never realize how difficult this is to do. As George mentioned, this cannot happen overnight, and as Obama mentioned, we need to be patient. You cannot just give jobs to the unemployed, there has to be jobs created, for somebody to take. The job creating is the process that takes long. Putting all that aside, it is good to see that America is slowly coming out of this horrible situation. Slowly, but surely, we will progress and get this country back to the way it used to be!
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ReplyDeletePresident Obama being able to lower the unemployment rate from 8.3% to 8.1% may not seem much but 96,000 is a great number of jobs and may increase. I completely agree with you this small increase may lead to the country getting back on its feet. America needs a change and decrease unemployment rate even more. I too understand the country’s economy will not strengthen in twenty four hours it will take time and patience.
ReplyDeleteI totaly agree that the Republican party was, and are throwing "cheap shots" towards the Democratic party during their speeches. However, as you stated Obama is showing a form of effort as the job employment rate increased. As Obama mentioned in his speech, there was one thing that Romney did not have experience in, and that was of being the president of the United States of America. By saying this, Obama has truly showed a sense of economic awakening.
ReplyDeleteGeorge - please be more aware of title notations. The title of the newspaper should be in italics or underlined. Also, remember that we is a dead word.
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