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TELL US: Will Jobless Rate Affect Your Vote?

The jobless rate has fallen to below 8 percent for the first time in four years.

 

With Republicans and Democrats largely agreeing that Republican candidate Mitt Romney won the first presidential debate last week, there is a new piece of news that could soften the perceived blow to President Barack Obama's campaign. 

The U.S. jobless rate fell to 7.8 percent last month, dropping below 8 percent for the first time since Obama moved in to the White House.

The Boston Globe reported that the news could give the Obama camp a boost; it's the same rate as January 2009, when the president took office. 

In the months after the inauguration, the rate increased and topped 8 percent for 43 straight months. In August, it was 8.1 percent.

The jobless rate is determined through a government survey of 60,000 households. The Globe reported that while many of the jobs added last month were part-time jobs, the country could be growing jobs at a faster pace.

What do you make of the news? Do you believe this is a positive for the sitting president? How will it affect your vote? Tell us in the comments.

Related Topics: Barack Obama, Jobless Rate, Mitt Romney, Unemployment, election 2012, and participate 2012

john

6:36 am on Wednesday, October 10, 2012

Let's say 7.8% is correct. If the labor force participation rate was the same as when obama took office the rate would be well over 11%.

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Bill

12:25 pm on Wednesday, October 10, 2012

That is the most important fact. 2 million less people are working than in Jan 09 while the population has grown. And of those who are, most new jobs created in Sept were part time. And, GDP growth is under 2%. Changes nothing - just the month to month variability of numbers.

Cool Fusion

7:58 am on Wednesday, October 10, 2012

We probably witnessed another Ripley's moment. The sad part is that everyone from the leadership down to the lowly clientele of food stamps, gamed disability payments, and government released arbitrary data points is locked into the vast array of rackets that constitute our national life, and the truth of their failure thresholds is too terrifying to entertain. In a very serious time, we are just not a serious people. Anything goes and nothing matters.

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anon

8:03 am on Wednesday, October 10, 2012

If you believe what's coming out of Obama's labor department, then you deserve to have him as a president. They 'play' with the numbers every time they announce them. It will not change my vote!

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gene

8:54 am on Wednesday, October 10, 2012

What I believe is that the last time the republicans controlled the White House this country was losing 750,000 jobs a month. While President Obama has been in office we have been gaining an average of 140,000 jobs per month.
do you really believe that Flipper Romney, as the outsourcer-in-chief, would help the middle class in job creation? If you do I've got some real estate you'll like too.

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Fred S.

12:40 pm on Wednesday, October 10, 2012

You must be living on a different planet, which also calls itself Earth, but is not the actual one most of us live on. Wake up, gene, there ARE $23 million Americans unemployed. There ARE also close to 50% of the population now on food stamps. The price per gallon for gas has now seen in increase of over 100% since Jan. of 2008 (his inauguration day) and in some places in Calif. for instance, gas is going for over $5/gal. Are southern border is out of control and indeed we have a chief executive that doesn't believe in controlling them and even sues states in court for trying to control their borders and crime. The Near East is "on fire" with a number of countries formerly stable or and even an ally now consumed by violence, murder and control by the Moslem Brotherhood. China, Russia, N. Korea and Iran are more aggressive than ever and the US is disrespected at every turn, globally. Why? The present regime and its policies. I have never been so afraid for this country or its citizens since this leftist radical and his cronies gained power. Wake up, wake up before its too late for us all...

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Ron Powell

1:09 pm on Wednesday, October 10, 2012

Into the fourth year of a recovery, you would expect the economy to be creating jobs. But it needs to create 250,000 jobs a month just to sustain population growth. The unemployment rate is coming down because people are giving up looking for work. We added a net of 112k jobs in September, but that happened only because 368k part-time jobs were adde for 20-24 year olds. Many of those jobs are for working as a part-time campaign worker, and many of these 20-24 year olds will go back to being unemployed on November 7. How is this progress?

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gene

9:24 pm on Wednesday, October 10, 2012

Fred you can find an ESL program by having someone look through the Yellow pages for you. "Are southern border" "there ARE $23 million Americans unemployed"?
The reason why the Mideast is unstable is because the last republican president got us into a war in Iraq that we had no business in. The result has been a destabilizing effect on the mideast. Then again you probably wouldn't have picked that up watching reruns of "Family Guy."

hammergjh

9:23 am on Wednesday, October 10, 2012

Ah, the Jack Welch conspiracy theorists are here. The man who was known to cook a few books himself. Take off your tinfoil hats people, the numbers are real. Forward progress is good, denying it for partisanship is short sighted and selfish.

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Saber Walsh

11:15 am on Wednesday, October 10, 2012

There's a margin of error around every statistical sample. There's no real difference between 8.1, 7.8, 8.0... anyone who has taken stats up at PVMHS can tell you this. So no, the new number is just as bad as the previous numbers.

We need to fix this ASAP so that the left-wing bloggers can get out of mommy & daddy's basement and start becoming productive members of society.

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hammergjh

11:39 am on Wednesday, October 10, 2012

I'm in my own basement blogging and working (remotely from my office), well paid too. Sorry to burst the bubble of the ludicrous liberal stereotype you own.

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Bill

12:29 pm on Wednesday, October 10, 2012

actually you fit mine - affluent suburbanite, cultural elite. Thinks you know better than everyone, a nice sense of moral superiority. Lots of guilt about those in the inner city who you never see from your suburban enclave. Watches PBS, listen to NPR, buys organic when you can...Do I have that right?

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hammergjh

2:27 pm on Wednesday, October 10, 2012

More or less but I don't have any guilt. And both sides have their own forms of "moral superiority". No party has a monopoly on that.

Vince

1:22 pm on Wednesday, October 10, 2012

Obama loses debate. New job numbers come out. Minions eat this up and their Messiah has saved America.Forward my a$&

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Jo-Ann Giuggio

2:19 pm on Wednesday, October 10, 2012

Tsk tsk tsk. Sounds like sour grapes from the republicans. Numbers change daily as does Mr. Romney's narrative.

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doc holliday

3:23 pm on Wednesday, October 10, 2012

What happened to HOPE &CHANGE? HOPE-there is no hope. CHANGE-is all we have in our pockets.

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Buzz

4:43 pm on Wednesday, October 10, 2012

Nope, won't change how I vote. Obama 2012!!!

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Diane Woodward

4:45 pm on Wednesday, October 10, 2012

Our economy has grown consistently over the last 4 years, unemployment has consistently decreased, Dodd-Frank bill to regulate wall street was passed, credit card companies have been regulated, women are closer to being paid equally-Ledbetter, DADT is done, gays are safer, birth control is free w health insurance, health isurance co's have been regulated, Osama Bin Laden is dead, the Iraq war is over, etc,etc,etc. All done with the guidance of our President despite the obstinacy of a Republican party whose top priority is Obama's defeat. I will vote for Obama without any hesitation. If you're voting for Romney without being in the top 1% good luck because the top 1% are the only citizens he cares about.

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Ron Powell

5:18 pm on Wednesday, October 10, 2012

5:15 pm on Wednesday, October 10, 2012
5:14 pm on Wednesday, October 10, 2012
Diane, for the first time ever, we fought a war without even telling Congress, and we used unmanned drones to kill US citizens. We're still in Afghanistan, Gitmo is still around, we are still trying prisoners of war by military tribunal, and we have expanded the Patriot Act to allow the President to peak at the sites you visit on the internet. The Bush tax cuts for the rich are now the Obama tax cuts for the rich; indeed, President Obama extended the cuts for the 1 percent and defended this on the grounds that it would be irresponsible not to do so. Unemployment has risen and stayed risen-- the number of people looking for work has fallen because people are giving up. And we still do not have universal healthcare or healthcare inflation contained. If this is a victory, it is a pyrrhic one.

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Lexi

5:35 pm on Wednesday, October 10, 2012

Ron, you forgot to mention that there is a scandal brewing that may eclipse watergate when it all shakes out. The cover up is usually worse than the crime but in this case I Don't think so as we have four dead Americans. I imagine Romney will steam roll over Obama in the foreign policy debate as he did in the previous one even though Martha Radiditz is moderating, you all remember her don't you? She invited Obama to her wedding and Obama appointed her then husband to head the FCC. Thats how to keep it fair don't you think? Imagine the screaming you would hear if it were reversed and you had conservative moderator who had Romney at her wedding and appointed her husband to head the FCC. Us conservatives would have to walk around with cotton in our ears to drown out all the liberal whining. I know..... I won't hold my breath worrying about that happening.

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Ron Powell

6:00 pm on Wednesday, October 10, 2012

I didn't forget about FaF -- I just ran out if space to remind Diane of all the great things that have happened these past four years. Did I mention that US suicide rates have set new records in 2010 and again in 2011? Or that the labor force participation rate for men is the lowest it has been since 1948? Or that the three groups most likely to commit suicide are 1) white men over 75, 2) white men 45-54, and 3) white men 35-44 in that order?

I'm pretty sure that Diane will have some talking point to explain that this is all an anomaly and that the past four years have actually been fabulous.

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Anne Sweeney

2:43 am on Thursday, October 11, 2012

Buzz, Obama 2012, yeah right ? We had eight years of an idiot in the White house who was clueless followed by another inexperienced idiot who is clueless and his vice president is a pathological psychopath, a heart beat away from clueless. We have an opportunity to tap into someone who will be a domestic president and one who will put his emphasis on the economy and Buzz says, Obama 2012, Ah Duh ! Drink some more DUFF Beer BUZZ :-(

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Jerry Sheehan

8:19 am on Thursday, October 11, 2012

Tell me more about his wedding ring! The one with the inscription of, "There is only one God Allah"!!! We all know he is not a Christian and is a Muslim! That should tell you enough right there. Never mind about his shady past that he has paid millions of dollars to keep a secret!

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sandy smith

11:05 pm on Thursday, November 1, 2012

There are Christian Muslims, you know? President Obama, regardless of his past is now a Christian. Romney on the other hand is a Mormon who are NOT Christians; they believe that Jesus was born a human and somehow turned into a God and they do NOT believe in the holy trinity. So, if you are voting on only Christianity, you HAVE to vote for President Obama.

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Myjanda

11:54 pm on Thursday, November 1, 2012

Jerry, you were making a joke right? Otherwise, I'm truly at a loss over what to say to someone who obviously is not only a believer in conspiracy theories, but also apparently believes every piece of drivel and crap he reads on the Internet. Wow, I read about people like you but didn't really believe they existed!! Obama wears a ring dedicated to Allah- Jerry, you're cracking me up- sorry I didn't see this earlier!
Sandy, there are Christian Arabs but not Christian Muslims. Muslims and Christians are members of two different religions.

Bob Samson

8:26 am on Thursday, October 11, 2012

Latino Unemployment is 9.4% or 2,300,000 people. That is too high.

Black unemployment is 13.4% or 2.4 million people. That is too high

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NaemhOisin

8:43 am on Thursday, October 11, 2012

The minute you cite a gov't hand-out as 'free', you lose all credibility. It is the intellectual equivalent of an excited obama voter in 2008 proclaiming that obama is now going to pay for her mortgage and her gas--or a credit card bill an, and in the next breath say that the money comes from obama. I cannot wait to cast my vote for a return to sanity and maturity and real hope. I suspect our allies feel the same.

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Diane Woodward

8:44 am on Thursday, October 11, 2012

Has Romney been consistent enough about any topic or issue to know what he stands for? Would you have preferred to let auto makers to go bankrupt? What is it about Romney's vision that is attractive? Are you confident about a man who does not understand fundamentals like arithmetic? Convince me of anything Romney will do to make this country better.

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hammergjh

9:38 am on Thursday, October 11, 2012

He'll make it better for the 1%-ers, his one true constituancy. And we all know how that'll work out.

Sean Ward

9:22 am on Thursday, October 11, 2012

Diane, the auto makers refused to give up anything to save themselves. While the rest of us took pay cuts, lost jobs, and lost homes the auto industry flew three private jets to Washington to ask for our money to save them so they wouldn't have to give up their own. The auto unions were just as bad, refusing to give up any benefits gained during the good times to carry them through the bad.

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Paul J

9:43 am on Thursday, October 11, 2012

No

First, interest on my retirement savings went from a little over 5% down to a little under 2% and it is projected to drop even more.

Second, cost of fuel for heating and auto, have more than doubled, cost of electricity has increased every year with attacks on coal producers.

Third, the cost of food has increased 30%, and more on what staples.

Fourth, worth of my house has dropped over 20%, yet the taxes increased each year.

Five, costs of all maintenance products up, Paint went from about $27 per gallon to almost $50 per gallon for the same product due to regulations added by the government. Plumbing and electrical stock prices have gone crazy, not to mention the cost of wood.

Six, even though my income has gone down, my income taxes have gone up per dollar of income.

So, I have worked all my life, paid my taxes, done the right things to save faithfully for retirement and now I am being attacked for being a responsible part of society by those that have not.

The result, my cost to live have increased substantially. Give me a break. How about having the Government reduce its spending and get out of my pockets. Everything that the current Administration has done has negatively impacted my life in retirement and now they want to attack the younger folks coming along behind me. Instead of increasing government jobs at an astronomical rate. Make some well paying private sector jobs for our nation without feeding me a line of BS.

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Sean Ward

10:10 am on Thursday, October 11, 2012

This is how democrats create jobs. Notice that cost of a gallon of paint has nearly doubled?
http://www.epa.gov/evaluate/impact-eval/index.htm

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kerstin locherie

1:53 am on Saturday, October 13, 2012

Hey Sean, Biden says that the middle class has been buried over the past four years and Liawatha Warren says that we're getting HAMMERED and beaten down by the Big Banks, Billionaires and Wall Street. A good reason to vote for Romney/Ryan.

Sean Ward

10:22 am on Thursday, October 11, 2012

And you are naïve if you think the cost increase wasn't an intentional way to get people to use less paint.

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Sean Ward

10:28 am on Thursday, October 11, 2012

Also the current administration and the EPA have no interest in seeing gas prices drop because the high price helps them push their high mileage vehicle agenda. I would not be surprised to find that they are covertly taking steps to keep the prices this high. At the very least I'm sure they are not going out of their way to bring them down.

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Paul J

10:51 am on Thursday, October 11, 2012

@Sean Ward
I do not disagree on the gas situation. I may be naïve, but I am not stupid. More like a way to spend more tax dollars to validate the worth of the EPA and other government agencies on studies for which we already know the answer. Buy 2 quarts of paint you can buy a gallon for the same price, Economics 101. Also, it is a way to promote waterborne products which are supposedly cheaper, cleaner, less hazardous, etc, etc, etc, but are not as durable and long lasting to the applied applications, Chemistry 101. Everything this administration has done has been to promote their agenda of implosion.

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DreamJeannie

11:28 am on Thursday, October 11, 2012

Republicans spent eight long years destroying the economy (record surplus turned into record deficit) under Bush, and now they've spent the last four years doing everything to hinder Obama from fixing it! GOP = Grand Obstructionist Party. They hate Obama more than they love their own country. Romney is just another Republican tool, who will say or do anything just to get elected! First he's for universal healthcare, then against it, will deport illegal immigrants, won't deport illegal immigrants, doesn't care about the 47%, does care about the 47%, will give tax breaks to millionaires, won't give tax breaks to millionaires, doesn't support a woman's right to choose, does support it, likes guns, hates guns, likes gays, hates gays, etc., etc., etc. Romney is pathetic!

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Paul J

12:16 pm on Thursday, October 11, 2012

@Jean Inglis
Sorry to Burst you bubble but Democrats controlled the Congress during Bush….How about talking Barney Frank and the Fannie and Freddie problem, oops, sorry more Democrats. When did the Republicans take over the House? Who has controlled the Senate since and including Bush? Try again to blame Bush, same old story with Democrats, say it long enough and maybe people will believe it. Get off the liberal KoolAid.

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Ron Powell

12:16 pm on Thursday, October 11, 2012

Ah, Jean invokes the, "Ah but Mom, they did it, too!" defense. At what point di Democrats and their supporters accept personal responsibility, or does that never happen? We've added an additional $6 trillion to the federal debt since 1.20.09. Most if that happened when the Democrats controlled the executive branch and both the Senate and House. Forget a balanced budget - we have not had a BUDGET at all since the Democrats took control of the Senate. What brand of personal responsibility is that?

I won't even touch on the fact that on three occassions Barney Frank rejected attempts to regulate government intervention in the housing market - burying legislation that would very likely have mitigated the sub prime crisis that led tothe financial market meltdown.

Certainly, there are many to blame for the present crisis, and a substantial portion of the blame does lie with the previous administration. But that is not going to solve te problems we now face, not least of which includes an underfunded entitlement crisis that will see the federal debt blow up to $40 trillion in 2022 unless we own it now and fix it. These are the President's own numbers, not mine. It will take adjustments to both the revenue and expense side of the equation, and sensible leaders from both parties need to work together now to address it.

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Paul J

12:27 pm on Thursday, October 11, 2012

OH, by the way, I am an Independent, and an informed independent thinker through research and true facts from the records, not just from hearsay liberal propaganda. You keep on thinking that way, it is your right. Here is something for you to think about..

Poll: Will Republican presidential nominee Mitt Romney win the majority of female votes in the November election?
• Yes 1063(81%)
• No 219(16%) (this is you)
• Undecided 44(3%)
• Other 4(0%)
http://www.washingtontimes.com/polls/2012/oct/10/will-gop-presidential-nominee-mitt-romney-win-majo/results/

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Ron Powell

12:44 pm on Thursday, October 11, 2012

Majority of female votes? No way. Majority of white female votes? Likely, but not certainly. Normally, white females are the swing demographic that decides national elections. Will white females decide this election? We'll see.

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kerstin locherie

1:49 am on Saturday, October 13, 2012

White & Minority Women have been in control of this country since Vietnam, the guys just haven't caught up with us yet :-)
While growing up, my grandmother would tell me that it's a man's world. Now I tell my daughter, honey it's a women's world now, at least in the United States, that is.

Paul J

1:00 pm on Thursday, October 11, 2012

I posted what was there...who knows at this point. With Hispanic American and Black American women unemployed and underemployed as well as all other races of women in the same boat, we will see.

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BTM

1:58 pm on Thursday, October 11, 2012

Paul J, if you're informing yourself as an independent thinker by relying on an online poll at the Moonie owned Washington Times, that would explain your cult-like belief that the Democrats controlled Congress during the Bush years. To answer your question, the Republicans controlled the House of Representatives from January 1995 until January 2007 and than regained control in January 2011. When Bush entered office in January 2001 the Senate was initially controlled by the Republicans as Vice President Cheney cast the deciding vote in an evenly divided chamber. They relinquished control later that year when Senator Jeffords defected. However the Republicans would control the Senate for four more years during Bush's tenure. How's the KoolAid taste?

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Sean Ward

2:07 pm on Thursday, October 11, 2012

The Koolaid tastes like Barney Frank (D) and other like minded politicians pushed the sub-prime mortgage idea through regardless of who was in control of what and when because they felt that everyone regardless of their financial success or fiscal responsibility deserved to own a home. This attempt to socialize home ownership at the expense of billions of dollars in federally insured high risk lending would never ever be a conservative policy choice. Home ownership is something you work toward and obtain through hard work and responsibility not through putting other tax payers and banks at risk so you can get something you didn't earn. Who was in office when this idea blew up is irrelevant. This recession was Barney Frank's fault.

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hammergjh

4:34 pm on Thursday, October 11, 2012

Sean, honestly, you can't believe that. Sub-prime mortgages took off because they were extremely profitable for the originators (private mortgage companies) and the investment banks who bought these loans. These investment banks then securitized them (CDO's, CDS's, etc) and sold them to unsuspecting, unsophisticated buyers, much like the sub-prime mortgagees themselves. No one forced anyone to take these loans. In fact they were in demand because of the housing bubble and the belief that these loans could be re-written due to the rapidly increasing value of the homes. Then the bubble burst. Blaming Barney Frank et al is just another right winged canard.

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Sean Ward

4:39 pm on Thursday, October 11, 2012

Frank et al passed the legislation that allowed banks to relax their lending requirements. That's where it started. What the banks did with the money is no different than what they always do with the money, this time it was just with money that was too high risk. It's back to the way it should be now. Hard to get a mortgage.

Sean Ward

2:19 pm on Thursday, October 11, 2012

What makes the American Dream so appealing is that anyone can achieve it with hard work. You cannot socialize the American Dream because trying to give it away before it is earned cheapens it both literally and figuratively. People do not respect things that were handed to them as much as they do things they worked for and paid for themselves. You can also not remove the possibility of failure because without that possibility there is no reason to give it everything you've got. If you are just going to get it all one way or the other it is human nature to take the path of least resistance.

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Diane Lee

2:28 pm on Thursday, October 11, 2012

Here are the past serveral years Avg Unemployement Rates (taken from the Bureau of Labor Statstics. Whoever the next president is they need to focus on getting America back on track.
Year Annual
2002 5.78
2003 5.99
2004 5.54
2005 5.08
2006 4.61
2007 4.62
2008 5.80
2009 9.28
2010 9.63
2011 8.95
2012 8.17 (9 months of data)

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Paul J

7:29 pm on Thursday, October 11, 2012

@BTM
Democrats held a clear majority in both the House and Senate during Bush Sr's presidency. Bush Jr had a slim Republican majority in the house until 2007 when the Democrats gain a 233-198 majority. The Senate was split 50-50 at the beginning of his first term and 49-49-2 at the end of his second term. The democrat party had control of both the the House and Senate, starting January 4th, 2007, when the recession began. The democrats kept control until the voters chose the republican party to reclaim the House starting on January 3rd, 2011, after the first two years of Barack Obama's presidency.

Real clear facts....sorry away from computer so I could not get back to you sooner.

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Paul J

7:45 pm on Thursday, October 11, 2012

Also @BTM
The Times was read every day by President Ronald Reagan during his terms in office. In 1997 he said:

The American people know the truth. You, my friends at The Washington Times, have told it to them. It wasn't always the popular thing to do. But you were a loud and powerful voice. Like me, you arrived in Washington at the beginning of the most momentous decade of the century. Together, we rolled up our sleeves and got to work. And—oh, yes—we won the Cold War.

http://en.wikipedia.org/wiki/The_Washington_Times

You as well as others should read the whole story........sorry I had to split this up but over the limit the first time posting.

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Paul J

2:11 am on Saturday, October 13, 2012

OOPS: One Large State Didn’t Report Jobless Figures and Feds didn't say which state so infact more cooking of the books and numbers.

http://conservativebyte.com/2012/10/oops-one-large-state-didnt-report-some-quarterly-figures/

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sandy smith

12:50 pm on Thursday, November 1, 2012

A lot of gamblers out here. Those who vote for Romney are gambling that he can force the economy into something it isn't. We are doing much better than many western countries without all the austerity measures, thanks to President Obama.

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Sean Ward

5:42 pm on Thursday, November 1, 2012

Thanks to Obama? So you measure how the US is doing by comparing us to other communist and socialist countries? Is 49 million people on food stamps an accomplishment to you?

john

3:22 pm on Thursday, November 1, 2012

World News says those jobs have been created in the government not private sector.

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Paul J

12:17 am on Friday, November 2, 2012

Firstly, there is no such thing as a Christian Muslims by definition of Muslim/Moslem http://en.wikipedia.org/wiki/Muslim.

Second, I would rather have a Mormon than a dubiously labeled Christian like Obama who was a member of a so called Christian Church whose Pastor preached a doctrine of sedition and civil unrest. I suggest that you read the section labeled Modern Mormon http://en.wikipedia.org/wiki/Mormon .

Third, based on all that I have read and from documented statements Obama has made, he is not a Christian.

So for my wife and me, it is not a question of color, religion, race, sex, or any other political wedge/hot button..….It is the fact that Obama has driven this country deeper in debt, has made no appreciable gain as to bettering the US economy, has attacked our Constitutional Liberties and has used every divisive wedge/scare tactic to promote class warfare and civil unrest.

In real plain English, in this election the only lucid choice is, Romney/Ryan 2012.

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