Tonight, President Obama will deliver his first State of the Union address of his second term. And with an unemployment rate at 7.9%, we can take a guess and assume jobs will be a big focus in the speech. But it's a theme we've heard him talk about before.
This morning on "Early Start," Christine Romans not only looks at claims of the number of jobs created under President Obama's administration, but offers a reality check of whether those jobs are helping to strengthen the economy.
This clown is probably going to talk about how great the economy is right now when really it sucks.
No wonder why Obama wants to disarm the population. The reality check clearly shows that more than 50% are getting paid less but the prices are only rising. Revolution? Depends on how far they are going to take it.
Reality Check? 7.9 is a fake number and I feel sorry for anyone who will replace him in 2017. I sure wouldn't want that job.
Despite all the work he does to hide it the last 4 years for job growth has been a disaster. Fundamentally I think because the Democratic party is a party of Unions, Environmentalists, minorities they don't or won't implement any economic plans that help business. Business is the "bad guy" in their way of thinking. More regulation is good, more taxes are good..but that only works in a robust economy (and only for a short while) it does not work in an economy in the cellar. I hope I am wrong but I am guessing Obama will talk tonight about more Gov spending, creating more Gov or Gov related jobs when we tried that and it did not work 4 years ago. Be prepared for another 4 years of anemic growth..because that is what we are facing.
Wow. 10%-50% paycut? It's crazy how much you see the spin on politics when you actually dig into the details. People working for far less than they are worth isn't very good. Also, The "real" unemployment rate has already proven to be much higher as reported here on CNN and other news stations too. So that 7.9% is probably still closer to 10%.
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"Early Start with John Berman and Christine Romans" airs weekdays from 5-6am ET on CNN. Check in regularly for news, show updates and a little bit of fun.