In response to:

Obama's Economy has Become a Synonym for Failure and Despair

D G Wrote: Apr 05, 2013 12:07 AM
Does everyone know job creation so far in 2012 is about 20% less than same period of 2012.? (First quarter 2013 vs. first quarter 2012). We will not know exactly until BLS releases the March 2013 report tomorrow morning. Economists estimate 193,000 jobs were created in March 2013. Using that number, let's compare jobs created by month for non-farm payrolls. 2012: Jan 311,000; Feb 171,000; Mar 205,000 .... Total 687,000 2013: Jan 119,000; Feb 236,000; Mar 193,000 .... Total 548,000 The decrease in jobs created for the quarter is 179,000 or about 20%.
D G Wrote: Apr 05, 2013 9:15 AM
BLS report was issued this morning. Jan and Feb 2013 revised upward. March was disappointing.

2012: Jan 311,000; Feb 171,000; Mar 205,000 .... Total 687,000

2013: Jan 148,000; Feb 268,000; Mar 88,000 .... Total 504,000

The decrease in jobs created for the quarter is 183,000 or about 27%.
Pistol Wrote: Apr 05, 2013 6:58 AM
We are obviously gearing up for another summer of recovery.

What has got me puzzled though, is how the recovery has been so good for so long and steadily getting stronger, according to all accounts by MSM and gov't releases. And yet I don't see any signs of it, except a booming Stock Market and higher incomes for the upper 1 %. These are nice, but hardly much help for entry level folks.

I must be one of those low information voters I keep hearing about.
D G Wrote: Apr 05, 2013 9:20 AM
Pistol .... Thanks for commenting. ... The economic data has been see-sawing up and down. The "ups" are widely reported in the MSM. The "downs" are ignored in the MSM.

As for stocks, they are owned by people with modest wealth in addition to the 1%. Retirees are living off of their savings which they had invested in stocks when working. The aggressive monetary policies (Federal Reserve) have helped the stock markets.

WASHINGTON - President Obama heads into the third month of his second term, still unable to find a cure for a sluggish economy, weak employment numbers and his own slipping job approval scores.

Second terms are usually challenging for presidents who have won reelection without having the slightest idea what they would do over the next four years. And that's what we are witnessing now with Obama whose biggest problem is the lackluster, anemic, sub-par, job-challenged economy.

The Gallup Poll this week reports that his job approval rating is an underwhelming 47 percent versus a muscular 48 percent who disapprove...