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He said he would fix it and promised a specific % capped unemployment. He must have known he wouldn't be able to do it and, if he didn't know, he shouldn't have projected his "best guess" as a sure thing.
There are too many factors out of anyone's control to guarantee anything. If a candidate doesn't put forward their 'best guess' then nothing would be said at all.
Romney said he will create 12 million new jobs if he is president. That's his best guess. Why? Probably because economic forecasters like Moody's Analytics and Macroeconomic Advisors are predicting a 12 million job gain by 2016 (irrespective of who is President).
There's absolutely no guarantee of hitting that mark, but it's our economists best guess now, so it's Romney's best guess as well.
Quote:
Originally Posted by southward bound
Obama thinks the easiest way to add jobs is to grow government -- because those salaries and pensions and health insurance will be paid for by the rest of us. Better than depending on improvements in the economy to produce jobs because, after all, jobs in the private sector have to pay for themselves.
Obama's solution has largely been to infuse private industry with federal funds, which has had mixed results by his own admission.
This idea that he is increasing federal employment to lower overall unemployment numbers is promulgated by people who are neither bound by facts nor historic perspective. While Obama has increased federal employment numbers over the Bush II administration, he has not had an unprecedented dedication to increasing federal employment. Clinton was responsible for the majority of reductions to the federal workforce, which employed, on average and consistently, hundreds of thousands more people over the previous 40 years prior to that Administration.
Some of that can be attributed to a shift to federal contracts, which do not commit to long term legacy costs like federal pensions, but which largely boomed due to engaging in multiple large-scale military campaigns.
Bascially I think the problem we will be facig for deacdes to come is that not even the best actuariesd can accuartely calualte the cost to hire a new employeee in future year liabilities.The mia problem is we have recreated a mmasive progams not really paid for i the healthcare bill that we can't even really see the scost unitl well after 2017 and we have no plan to solved the deficit with it growing interest cost. We don't even have a budget apssed for going on 4 years. No way to fiscally run anything.No coporatio is goig to take on employeee liabities to any extent when faced with this.
Yes and I don recall anyone blaming GWB for 9-11 related economic problems the way you are now assigning our current economic problems as the direct result of Barack Obama, and that is factually inaccurate.
Actually Sen Tom Daschle did. He blamed the recession and unemployment on the Bush tax cuts, not 9/11 or the war. Many leftists also blamed Bush for 9/11 itself and therefore blamed him for the domestic fallout in the following months and years.
Now, one could say that the jobs regained don't pay what the old ones did. That would be a fair critique, but that is also the pattern in the "right to work" states, so one could say it is not a Dem thing.
THEN - the private sector is not doing OK.
Do you not understand that it's not only about how many people are working - but it's the production resulting from the work - and the relative value of the production?
The government continues to run up huge debt that the private sector needs to pay - or at least we can manage. The private sector either needs to make more money to keep up - or government needs to be downsized into something the private sector can manage. Right now, neither is happening.
This is an excellent point but what could have the President done that he hasnt done to create jobs?
And what would a republican do differently?
#askingcauseireallywanttoknow
Just speaking for myself...
Reduce the number of regulations so that it does not cost business owners so much to keep up. Compliance costs cut into production and employment costs - and some companies can't keep up.
It costs time and resources to complete mindless stuff like that - and for what purpose? Any what does that have to do with health care? Now there was enough pressure from the public that this was removed - but there's probably a bunch of stuff like this in these monstous bills that get passed.
Another thing is to reduce government spending. Just hit anything wasteful.
Examples:
• $75,000 to promote awareness about the role Michigan plays in producing Christmas trees & poinsettias.
• $15.3 million for one of the infamous Bridges to Nowhere in Alaska.
• $113,227 for video game preservation center in New York.
• $550,000 for a documentary about how rock music contributed to the collapse of the Soviet Union.
• $48,700 for 2nd annual Hawaii Chocolate Festival, to promote Hawaii’s chocolate industry.
• $350,000 to support an International Art Exhibition in Venice, Italy.
• $10 million for a remake of “Sesame Street” for Pakistan.
• $35 million allocated for political party conventions in 2012.
• $765,828 to subsidize “pancakes for yuppies” in the nation’s capital.
• $764,825 to study how college students use mobile devices for social networking.
The unemployment is really high in US do to slow down of the economy of the housing bubble and the problem with the banks .
It going take time to fix the big banks and the credit system. Do to the slow down of the economy the purchasing power gone down and people are out of work and unemployment is high.
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