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June 2nd, 2012 
FAKE NEWS for the Zionist agenda
Mitt Romney, his Republican opponent, described the new figures as “devastating
news for American workers and American families”. He said even though “jobs
are the number one job for the presidency”, Mr Obama had prioritised
passing his overhaul of the US health care system, which Mr Romney said was “scaring”
companies away from hiring.
“It is now clear to everyone that President Obama’s policies have failed
to achieve their goals and that the Obama economy is crushing America’s
middle class,” said Mr Romney.
Even more troubling data lurked under the headline figure. April’s rise in
jobs, which was originally estimated to be 115,000, was revised down sharply
to 77,000. Meanwhile, the number of people who had been unemployed for six
months or more rose from 5.1 million to 5.4 million. So many people have
given up looking for work that if the participation rate in the labour force
were the same now as when Mr Obama came to office, unemployment would stand
at 10.9 per cent.
The White House blamed George W Bush’s administration. Alan Krueger, the
chairman of Mr Obama’s Council of Economic Advisers, said the jobs crisis
was “long in the making”, adding: “We are fighting back from
the worst economic crisis since the Great Depression.”
Economists had expected a 150,000 increase in jobs, which would have held the
jobless rate at 8.1 per cent. More than 90,000 new jobs are required per
month to keep up with population growth.
Analysts said the dismal figures probably represented a sharp correction to
unexpectedly strong job growth early in the year. This was attributed to an
unseasonably warm winter, which tends to encourage people to spend more, and
employers to hire more, earlier than expected.
The data capped a miserable week for Mr Obama, who is struggling to present a
clear line of attack against Mr Romney. The Republican’s popularity has been
growing steadily since the end of his party primary, which he officially won
this week. An attempt by the Obama campaign to focus on Mr Romney’s record
as governor of Massachusetts from 2000 to 2004 sank without much trace.
This followed a week of contradictory messages on Mr Romney’s record at Bain
Capital, a private equity firm. Former president Bill Clinton, one of Mr
Obama’s most important campaign allies, compounded this by telling a CNN
interview that Mr Romney had a “sterling business career” and
crossed the “qualification threshold” to be president.
The official line from Mr Obama’s campaign is that Mr Romney was a predatory
capitalist who bankrupted companies to boost his $250 million (£160 million)
fortune. Mr Obama has said a career at Bain does not provide useful
experience for being US president.
Campaigning yesterday in Wisconsin, a key swing state, Mr Clinton said: “The
great thing about not being president is that you can say whatever you want.”
Mr Obama remains 2.3 points ahead of Mr Romney in an aggregate of national
polls, according to RealClearPolitics.
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