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Friday, July 6, 2012

Romney, Obama Focus On Economy Amid Dismal Jobs Report

Republican presidential candidate Mitt Romney speaks about job numbers at Bradley's Hardware in Wolfeboro, N.H. (AP)

Republican presidential candidate Mitt Romney speaks about job numbers at Bradley’s Hardware in Wolfeboro, N.H. (AP)

BY: THE ASSOCIATED PRESS

A sobering economic snapshot intensified the presidential campaign on Friday as President Barack Obama rolled through two vote-rich battleground states and Republican Mitt Romney fended off conservative complaints about his plan for winning.

A stand-pat jobless report that left the unemployment rate unchanged at 8.2 percent set a new standard from which to judge the president and for Romney to attempt to exploit with Election Day only four months away.

“This kick in the gut has got to end,” Romney told reporters Friday morning.

Obama was in Ohio and Pennsylvania, hotly contested battlegrounds whose modest economic gains he hoped to leverage into a case for his re-election.

The jobs report showed only 80,000 jobs created in June, a disappointing number that comes amid growing public anxiety about the economy.

Alan Krueger, the chairman of the White House’s Council of Economic Advisers, said the jobs report shows the economy is continuing to heal with the private sector adding jobs for 28 straight months. But the 80,000 net jobs created are not enough to keep up with population growth and Krueger conceded more must be done to recover from the financial crisis and the recession.

Romney was biting in his criticism of Obama.

“American families are struggling; there’s a lot of misery in America today,” he said, interrupting his vacation in New Hampshire to react to the jobs numbers. “The president’s policies have not gotten America working again. And the president is going to have to stand up and take responsibility for it.”

Romney was at his lake-side vacation home amid growing anxiety among conservatives that he was not being aggressive enough and was squandering his opportunity to win in November. Republicans worry that Obama’s attacks against Romney are taking their toll on the challenger and right-leaning leaders in business and the media say he is presenting a muddled case for his presidency despite a weak economy.

“I don’t say much to critics,” Romney told reporters, noting that he has issued a 59-point economic plan to counter the president.

On his tour, Obama was promoting policies that he says have helped states such as Pennsylvania and Ohio, particularly the government bailout of Chrysler and General Motors.

“We saved an auto industry. That saved hundreds of thousands of jobs here in Ohio,” Obama said in an interview with NBC affiliate WLWT in Cincinnati that aired Friday. “We passed a health care law that’s going to mean security for Ohioans.”

Obama questioned Romney’s motives on health care in the same interview, accusing his rival of caving under pressure from conservative commentator Rush Limbaugh for saying that requiring all Americans to buy health insurance amounts to a tax.

Guest:


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  • Dan Mulligan

    i was very disappointed in this story.  It seems to me that, especially in this election season, you need to inform rather than just posting statements.  Mr. Romney claims he will increase job growth by (1) cutting taxes; (2) cutting regulations; and, (3) repealing Obamacare. It seems to me the next two questions should be (1) under what theory does this plan make any sense and (2) is there any evidence that this theory is correct.  All you are giving us is “the world is flat — opinions vary.”

  • BHA in Vermont

    Romney thinks Americans have the right to a vacation:
    1)  IF they can AFFORD one. He has no problem in that regard.
    2)  HEALTH CARE for ALL should be a RIGHT. He has a problem with that concept.

  • http://www.facebook.com/people/Chas-Holman/1333779011 Chas Holman

    Governor Romney has been desperately trying to avoid talking about Bain Capital and other investments of his that have consolidated and shut down jobs galore in the US, and shipped so many other jobs over seas.

    Suddenly he wants to talk about jobs? Good, I have some questions to ask him.

  • J Frog

    We just had an example of 3 1/2 years of Keynesian Economics.  (11 1/2 if you include Bush’s  8 years of increased, out of control spending.)  It didn’t work.  We have 8.2% unemployment with a very weak economy.  Of course, someone will say…”It would have worked.  We just didn’t spend enough!!”  But then that’s always the Democrat response.  The Economy is in a downturn?…Spend more!  A problem with education?  Spend more!  Poverty?  Spend more!  Healthcare?  Spend more!……Enough!!

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