163,000 New Job Created in July. Obama: This is awesome - Romney: No, it’s not

163,000 New Job Created in July


Obama:  This is awesome - Romney:  No, it’s not

Spin is an amazing thing and with the jobs report coming out this morning, both camps were revving to go.  The July numbers, truthfully, are actually pretty decent, considering the depth this recession (depression) had and how painful the recovery has been.  Unemployment is still high which, if that drags on into the next month will start chipping away at some of Obama’s numbers – especially if Romney puts together an actual, rational economic plan.  The economy being able to create 163,000 jobs however does show a growing confidence by job creators.  It is on this that the Obama camp is hanging their economic hats on.


Not missing an opportunity to swipe at the Romney tax plan, the President stated in his speech from earlier today that any economic rebuilding can only start with rebuilding the middle class and that the GOP tax plan will raise taxes on millions of families and give millionaires and billionaires tax cuts they don’t need.  Rebuilding the middle class ought to mean a recovery in the housing market, a strong recovery in the jobs market, money open for big ticket spending and investment.  Many of these thing haven’t taken the hold they need to have taken by now.  The Romney camp is trying to use these facts to
their advantage but to all of his efforts, Democrat strategists have
got the GOP (apparent) candidate pinned down and colored as an autocratic, out-of-touch business man.


Not to be out done, Romney fired back that his economic plan will create nearly 12 million jobs  (3 million jobs a year, mind you) by the end of his first term.  Unemployment has been above 8% for the past 42 months and he feels (and I tend to agree with this) is that the American people deserve better.  Better however will not necessarily come in the form of Romney’s tax and economic plan, one that is somewhat reminiscent of Reagan’s supply-side ‘trickle-down
economics’ mantra.  Give more money to the rich and they’ll open factories and stuff and there will be jobs for all.  As long as the rich have money, we’ll all be OK.  Many conservative ought to be jumping up and down by now – well, look how well it worked then!  Yes, it did, but the global economic landscape is significantly more different now in 2012 than it was in 1985.  President Bush the son (Dubya) tried something like that too and, well, here we are today.


At the end of the day, job creation is vitally important no matter who you support and where you stand.  Basic human dignity, to be able to feed, house and clothe your family, to have that great sense of making a contribution, we all need that, it’s innate.  We don’t just need to have it though, we need to be able to sustain it.  The Obama camp will have you believe that they are the only ones that can do so (and based on polling numbers, the slight majority of people feel that they are right) they will also have you believe that Romney is far too out-of-touch with middle class reality to be able to actually do what
is needed.


I guess Romney having that little old rich guy from the Monopoly board game as an economic advisor has kind of backfired…