In the week ending April 23, the advance figure for seasonally adjusted initial claims was 429,000, an increase of 25,000 from the previous week's revised figure of 404,000. The 4-week moving average was 408,500, an increase of 9,250 from the previous week's revised average of 399,250.And here's how the MSM is headlining it, via Reuters: Jobless claims jump in latest week.
And this too, via CNN on the overall economy, GDP: Economic recovery stumbles:
Economic growth slowed to a crawl in the first three months of the year as a spike in gasoline, higher overall inflation and continued weakness in the housing market all took a toll on the recovery.Obama no longer has that "silly" distraction to wave around anymore.
Gross domestic product, the broadest measure of the nation's economic health, rose at an annual rate of 1.8%, the Commerce Department reported Thursday. That's a significant slowdown from the 3.1% growth rate in the final quarter of 2010.
So I'm predicting little if any spike for Obama from finally releasing a document all of us have had to release at some point in our lives.
What do you think? (Poll closes at 5 p.m. Eastern today)
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he appears weak and looks like a bad decision maker: why release it now and not years ago?
ReplyDeleteobama let;'s events dictte to him.
he is weak.
trump drove this.
if he was smart he would have held onto this for a while. it would have boosted his "i'm above this" meme the media seems to cling onto now.
ReplyDeleteOthers agree..
ReplyDeleteGDP collapse graphed
"Obamaflation Arrives"
Jeffrey Lord is a former Reagan White House political director
"WHAT SEEMS TO HAVE LEFT Obama strategists clueless is the fundamental historical fact that inflation comes slowly. Milk today, celery tomorrow, and gas almost every day. Then, too late, there's a collective gasp of recognition by Americans walking around the grocery store that it's no longer just the milk and the celery but the soup, the chicken, the hamburger and perhaps now critically -- the Excedrin. Don't forget the rent, either. The shock of realization dawns that somehow the patient -- America -- is suddenly in dire economic health and the only way out is a brutally painful form of political surgery."
From the left - an example of more bad thinking, but at the same time illuminating..
"Obama's Awful '70s Show Echoes Jimmy Carter"
The guy is so weak he buckled under pressure from a game show host. If he gets a poll bump out of sympathy that he got bullied by a TV star, we're in serious trouble.
ReplyDeletehe got played by Trump and still doesn't realize it ...
ReplyDeleteTrump is not done chopping Obama down to size ...
You're a candidate for President. You're accused of not being born in America. What do you do? You release your birth certificate. Case closed.
ReplyDeleteChalk one up for Obama for releasing it AND for Trump for asking for it. Later, take one away from Obama for waiting so long.
When you're asked about your grades and your academic paper trail, what do you do? You release the info -- all of it. Why?
Because it makes common sense. What so hard about that?
I have a hunch that whoever wins the last political battle of 2012 will win the presidency. And he will likely win it by playing to the common sense of swing voters who probably have zero real knowledge about economics, foreign policy or inside politics.
But they do have at least a modicum of common sense and they'll vote for whoever appeals to it.
It's always been this way. Reagan was the master of the common sense one liner ("not holding the youth and inexperience of his opponent against him;" "Are you better off now than four years ago?).
Think of every TV debate between candidates. It's the common sense one-liners that carry the day. Remember how Lloyd Bentsen destroyed Dan Quayle ("Senator, I knew Jack Kennedy...")?
If the Republicans really want to beat Obama in 2012, the last guy they need is a guy who deals in parsed words and nuanced arguments (Mitt Romney?) They need a guy like Chris Christie or Marco Rubio, someone who's quick on his feet and steeped in common horse sense.
Or, they could nominate Jerry Seinfeld.
When it rains, it pours. Democrat economics are not working out so well. From Obamamotors..
ReplyDelete"Forbes has released its 2011 Worst Cars on the Road list, and the outcome is not pretty for American manufacturers. With the exception of the 2011 Mercedes-Benz S-Class, the 2011 Smart ForTwo and the 2011 Nissan Titan, the cars on the list are all American-made. Worse than that, they all come from two manufacturers: General Motors and Chrysler."
Nationalized auto manufacturers continue their perfect record for making awful automobiles.
The irony of all this is that it shows that President Obama can't be trusted to make serious efforts to curb spending or reduce the national debt. After all, he wasted something like $2,000,000 on attorney fees to keep people from seeing the certificate.
ReplyDeleteAnd he offered no reason why he couldn't release it. If I have to produce my daughter's birth certificate so she can apply for a job as a teenager, why couldn't he have shown it to apply for the job as president of the US? What high principle was he protecting by spending $2,000,000 to protect its disclosure?
1 - "...he wasted something like $2,000,000 on attorney fees to keep people from seeing the certificate."
ReplyDelete2 - HE ALLOWED A SOLDIER TO GO TO JAIL RATHER THAN RELEASE IT.
ODD.
Obama was once again exposed as the petulant arrogant fool we know he is.
ReplyDeleteI take any of these "post-event bounce" polls with a double pinch of salt. Most are heavily weighted disproportionately in favor of D's and don't reflect the reality of the actual composition of voters.