Patterico's Pontifications

3/5/2010

Obama: Job Numbers “Better Than Expected”

Filed under: Economics,Obama — DRJ @ 8:07 pm



[Guest post by DRJ]

President Obama enjoyed today’s “better than expected” unemployment news:

“President Barack Obama boasted Friday that his economic recovery efforts were showing results after the national unemployment rate stayed at a steady 9.7 percent for February.

Obama, touring a small business in Arlington, Va., said that the 36,000 jobs lost last month was “actually better than expected” considering the massive snowstorms that devastated the East Coast.”

Obama economic adviser Larry Summers recently warned February’s snowstorms could distort unemployment statistics. His statement helped spotlight today’s jobs numbers and was a convenient prelude to President Obama’s “better than expected” soundbite.

The Obama Administration is talented at creating messages. Too bad it won’t use that talent to create jobs.

— DRJ

20 Responses to “Obama: Job Numbers “Better Than Expected””

  1. This is for you, imdw.

    DRJ (daa62a)

  2. Talent at sandbagging. In golf, they call that “hustler talk.”

    TimesDisliker (759204)

  3. DRJ, imdw is still pretending not to follow your point.

    SPQR (26be8b)

  4. Now we know why Summers said what he said. It was sandbagging the numbers before hand.

    LYNNDH (8d8b19)

  5. Summers – These job numbers could be bad!

    Obama – Wow, the numbers weren’t as bad as we thought they were going to be. Our plan is working!!!!!11ty!!!! But we have to do more. We’ll focus on jobs after we’re done with healthcare reform, cap and trade and immigration reform, I promise.

    daleyrocks (5710d7)

  6. more people are unemployed this month than last, and more people have given up hope than before, yet the percentage is unchanged?

    where i come from that gets the “imdw flag”….

    redc1c4 (fb8750)

  7. “Good news, captain! The flooding below decks is better than expected. Titanic took on only 36,000 gallons of water last hour!”

    navyvet (e4db05)

  8. Wow! Wait until we start adding a few hundred jobs each month.

    Obama will pull the Mission Accomplished banner out and hold a press conference claiming the era of George Bush is finally over.

    Unfortunately our long national nightmare will continue as the bills come due for the stimulus.

    MU789 (a05870)

  9. so, which is it, pendejo?
    “House Majority Leader Harry Reid returned to the Senate floor, saying his earlier remarks that “Today is a big day in America. Only 36,000 people lost their jobs today, which is really good,” were “mischaracterized by those seeking to score political points” and adding that the lost 36,000 jobs is “devastating news.”

    fing idiots, one and all…………

    redc1c4 (fb8750)

  10. “We suck less!”

    Icy Texan (8ce5cc)

  11. It’s nice to know that the unemployment rate has again “surprised” economists with “unexpected” numbers.

    Pious Agnostic (b2c3ab)

  12. Weren’t there any snow shoveling jobs created?

    Gesundheit (cfa313)

  13. “It’s nice to know that the unemployment rate has again “surprised” economists with “unexpected” numbers.”

    Now that is what i’m talking about!

    imdw (688568)

  14. No word on whether they were surprised by the 0.3% uptick in the U-6 number.

    Some chump (050674)

  15. I am just glad we are not still suffering from the economic depression under GWB when unemployment was at 5%.

    /sarc (if it is needed.)

    Have Blue (854a6e)

  16. Have Blue, the difference in the MSM’s coverage, tone and characterization of the American economy during this administration compared to same during the Bush administration is just one more nail in the coffin of the Fourth Estate. Americans – by and large – no longer put their trust in the media to report the “news” as it is.

    But you knew that.

    GeneralMalaise (04e9c2)

  17. If it wasn’t for that snowstorm caused by our wasteful use of carbon to keep warm instead of solar cells on our heads you’d know that this number would be much better.

    Dmac (ca1d8c)

  18. Good thing Paul Krugman’s record of correctly calling nine of the last five recessions is still intact.

    daleyrocks (5710d7)

  19. Look people, the Administration can spin these atrocious job numbers all they want with their little willing media whores, but the fact is that virtually everyone knows someone out of work now. So no one is eating this crap up – and we’re into month 15 of being told that rising unemployment figures mean that a recovery is just around the corner. Keep it up, Dems!

    Metallica (bb58d8)

  20. “They used to tell me I was building a dream, and so I followed the mob,
    When there was earth to plow, or guns to bear, I was always there right on the job.
    They used to tell me I was building a dream, with peace and glory ahead,
    Why should I be standing in line, just waiting for bread?

    Once I built a railroad, I made it run, made it race against time.
    Once I built a railroad; now it’s done. Brother, can you spare a dime?
    Once I built a tower, up to the sun, brick, and rivet, and lime;
    Once I built a tower, now it’s done. Brother, can you spare a dime?…”

    AD - RtR/OS! (9dbe33)


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