New Obama Campaign Ad Claims President Is a Jobs Creator
- Posted on January 23, 2012 at 11:51pm by
Becket Adams
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The Obama re-election campaign has produced another ad touting the president’s “successful” economic record of accomplishment. Critics will likely argue, however, that like his last campaign ad, this new one might get “three Pinocchio’s” from the Washington Post as well.
The new ad boasts of the upward trend on private sector job growth over the past 22 months, and “squarely places blame for the millions lost before Obama took office on former President George W. Bush,” writes Devin Dwyer of ABC News.
“Faced with a deep recession,” the narrator says, as a downward red arrow highlights “Job Loss During Bush Administration” on a labor department graph, “President Obama moved quickly to help our economy recover.”
And while ABC News says that the the job creation claims made in the ad are true, writers at Zero Hedge might disagree.
“The economy added 1.6 million jobs in 2011 after adding 940,000 in 2010, according to the Labor Department,” ABC News report. “The unemployment rate of 8.5 percent in December was the lowest level since March 2009.”
To that, Zero Hedge had this to say:
One does not need to be a rocket scientist to grasp the fudging the BLS has been doing every month for years now in order to bring the unemployment rate lower: the BLS constantly lowers the labor force participation rate as more and more people “drop out” of the labor force for one reason or another. While there is some floating speculation that this is due to early retirement, this is completely counterfactual when one also considers the overall rise in the general civilian non institutional population.
…we are redoing an analysis we did first back in August 2010, which shows what the real unemployment rate would be using a realistic labor force participation rate. To get that we used the average rate since 1980, or ever since the great moderation began. As it happens, this long-term average is 65.8%.
We then apply this participation rate to the civilian noninstitutional population to get what an “implied” labor force number is, and additionally calculate the implied unemployed using this more realistic labor force. We then show the difference between the reported and implied unemployed.
Finally, we calculate the jobless rate using this new implied data.
It won’t surprise anyone that as of December, the real implied unemployment rate was 11.4% – basically where it has been ever since 2009 – and at 2.9% delta to reported, represents the widest divergence to reported data since the early 1980s. And because we know this will be the next question, extending this lunacy, America will officially have no unemployed, when the Labor Force Participation rate hits 58.5%, which should be just before the presidential election.
Chart courtesy Zero Hedge
Chart courtesy Zero Hedge
And to anyone who doubts the points raised by by Zero Hedge, and is still uncertain about whether or not the president is a “jobs creator,” consider these two words: Keystone pipeline.
The new campaign video is described as follows on its YouTube page:
After taking office, President Obama signed the Recovery Act to help get our economy back on track.
As a result:
-The U.S. has seen 22 consecutive months of private-sector job growth.
-The private sector added more than 3.1 million jobs over those 22 months,.
-Manufacturing added 334,000 jobs in the last two years, the first time since 1997 that manufacturing employment rose.
-The President passed legislation to create jobs and supporting working Americans, including:
-A payroll tax cut for all working families, providing the average working family with a $1,000 tax cut in 2011.
-Expansion of small business loan programs to help small business access credit and create jobs.
-Initiatives to help veterans transition to post-service careers.
-Tax incentives for businesses that hire unemployed veterans.The President’s decision to provide emergency loans to the auto industry:
-Saved more than 1.4 million American jobs.
-Prevented personal income losses over two years of more than $96 billion.
-Helped make the big three (Chrysler, GM, and Ford) all profitable for the first time in years.
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Comments (143)
mrawfull
Posted on January 24, 2012 at 1:17amHe certainly did create lots of jobs…. in China.
Report Post »LovinUSA
Posted on January 24, 2012 at 1:28amAmen to that, he said he created jobs, he didn’t say what country !!!!
Report Post »barnsy
Posted on January 24, 2012 at 1:34amHe created a lot of taxpayer funded Government Jobs.
Report Post »TXPilot
Posted on January 24, 2012 at 1:39amI feel sad, that our Fuhrer won’t even put out the effort to makeup believable lies for us anymore.
Report Post »V-MAN MACE
Posted on January 24, 2012 at 2:09amSince he claimed so many jobs created… all the unemployed should gather their unpaid bills, eviction notices, foreclosure statements, etc., and dump them on the White House lawn.
Report Post »HKS
Posted on January 24, 2012 at 7:03amWhen I first saw that ad, I couldn’t stop laughing, hilarious.
Report Post »TomFerrari
Posted on January 24, 2012 at 7:08amAnd in Brazil!!
Let’s not forget kicking oil companies out of the Gulf, then signing a contract with Brazil to drill oil…
IN THE GULF…
Or, awarding contracts for OUR MILITARY JETS TO BE BUILT in BRAZIL instead of here by AMERICANS!!
What I’d like to know is, WHY dies Disney (owns ABC & ESPN) even PRETEND they are anything besides a wholly owned subsidiary of the DNC?? (hyperbole intended)
Report Post »Uncle Walt may not have been PERFECT, but, he is rolling over in his grave.
ROY Disney warned Disney stockholders this would happen if the brought in Eisner, and he was right.
It has gotten worse and worse ever since.
Now, it is just BLATANT!!
Sorry, Disney, we will be vacationing elsewhere, and buying only USED DVDs if at all.
No ESPN and especially no PayPetView ESPN. Oh, and ABC? Nobody watches it anyway.
smithclar3nc3
Posted on January 24, 2012 at 7:13amNot all THE joB WENT TO cHINA sUN POWER GOT 1.8 BILLION TO CREATE GREEN JOBS IN Mexico. And 529 MILLION WENT TO Fisker Karma, makers of sporty electric vehicles…TO CRETAE JOBS IN finland.
Report Post »Gonzo
Posted on January 24, 2012 at 7:15am…and in the Federal Government.
Report Post »louise
Posted on January 24, 2012 at 7:31amLet’s not forget the wonderful job of caulking windows he created.
Report Post »louise
Posted on January 24, 2012 at 7:48amIf George W Bush and Obama would have had the foresight and leadership in job creation that Ron Paul does, America would be in a better place today.
Read what a WSJ economist says about Ron Paul’s 0% income tax here:
http://www.youtube.com/watch?feature=player_embedded&v=BjCq6woC_hg#!
It makes one wonder why The Blaze is talking about this…?
Report Post »louise
Posted on January 24, 2012 at 7:55amcorrection: “is not” talking
ok where now where did I leave my coffee
Report Post »mwhaley
Posted on January 24, 2012 at 8:53amPresident Pookie thinks we are all as stupid as his crack smoking sheep that he loves to organize.
Report Post »SpankDaMonkey
Posted on January 24, 2012 at 9:20am.
It’s true but the headline should have read….
New Obama Campaign Ad President Is a Hand Job Creator….
When your outta work Idle Hands…………
Report Post »tmplarnite
Posted on January 24, 2012 at 9:46amLIAR in Chief………
Report Post »netmail
Posted on January 24, 2012 at 10:25amAnd all of his dirty, filthy, unemployed, occupying lemming followers BELIEVE him. That‘s what’s so funny. Black really is white and all the baby lemmings sing again: “Barack Hussain Obama…um, um, um.”
Report Post »JRook
Posted on January 24, 2012 at 11:41am@mrawfull Nice try but that would be more likely attributed to Romney and his fellow citizens who are clearer committed to America’s success. As far as the so called report here. It is telling that it quickly shifts from the number of jobs graph, which clearly shows an upward trend to the unemployment rate. As they say… statistics don’t lie. Liars use statistics.
Report Post »guns-an-bibles
Posted on January 24, 2012 at 11:54amYou may have a good idea about dumping our bills on the white house lawn. It would create at least 3 trash collection jobs for at least 3 days.
Report Post »Jim in Houston
Posted on January 24, 2012 at 12:41pmBe nice to BO, he has created a lot of jobs, unfortunately they are all at the unemployment office.
Report Post »cja23
Posted on January 24, 2012 at 1:24pmGive the radical liberal Obama credit. He certainly did create lots of jobs in Brazil, shipping oil industry jobs there. He did create jobs for China denying the pipeline with Canada. God only knows what green scam jobs his czars have shipped out of the USA. Whatever small amount has been created you know he’s helped “only” the unions who give him donor money (taxpayer donor money).
Report Post »The Jewish Avenger
Posted on January 24, 2012 at 1:27pmI would LOVE it if someone could point me or provide a link of where Obama said something to fact that there are jobs being created and then only mentions debt collectors are in demand.
NO ONE I have told this to so far believes that he actually said this and I want to use it in an anti-Obama campaign video that I’m working on.
Thanks ahead of time…
Shockingly, I find no reference of it on the internet… hmm…
Report Post »lillymckim
Posted on January 24, 2012 at 7:34pmExactly Obama is a Foreign Jobs Creator
Report Post »tifosa
Posted on January 25, 2012 at 9:00pmGotta LOVE that theblaze editors: keep ‘em misinformed. We’re in the 22nd straight month of private sector job GROWTH. http://thepoliticalcarnival.net/wp-content/uploads/2012/01/bikini-graph-Dec-20111.jpg In fact, Mitch’s statement that Steve jobs created more jobs in America has been fact-checked~WRONG! Just the auto loan program alone has created more jobs.
Report Post »cja23
Posted on February 1, 2012 at 4:55pmIt’s an election years guys, you know the drill, but where was (flashback) “Mr. Laser Beam on Jobs” for the past three years?Just ask Obama’s buddy Jeffery Immult at GE how many jobs he “just sent” to China. Let’s not forget how many jobs he sent to Brazil with the oil rigging deal.
Report Post »banjarmon
Posted on January 24, 2012 at 1:17amHa…JOBS will be created after he leaves office, the pompous fool!!!
Report Post »Bill Rowland
Posted on January 24, 2012 at 6:26amThere are liars, damn liars and statisticians. They right man can make the numbers fit anyway he wants.
OMG
Report Post »ProudConservativeinCA
Posted on January 24, 2012 at 12:59amYou have to be impressed with how well this Administration’s ability to deceive, manipulate, exaggerate & bald face lie to the American people…….and really love the lame stream media being an accessory to promote all of the above and perhaps below…?
It’s open to debate if Nikita Khrushchev said the following, but whether he did or didn’t, it appears this very well indeed may happening…..?
” You Americans are so gullible! We don’t have to invade you! We will destroy you from within without firing a shot! We will bury you by the billions! We spoon feed you socialism until your Communists and don’t even know it! We assist your elected leaders in giving you small doses of Socialism until you suddenly awake to find you have Communism. the day will come when your grandchildren will live under communism “….!
Do the Math as to what’s happening in our elementary-middle-high-schools, junior & major colleges, all media platforms & most all of Hollywood, Democratic Party ie..Progressives, etc, etc, etc,…….coincidence or…….?????
Report Post »MS-GlenNBC
Posted on January 24, 2012 at 1:13amGlenn Claims he knows Newt Gingrich while belittling a very nice woman on his show today.
http://www.youtube.com/watch?v=SQ3LbyunecA
I guess both of them make some pretty wild claims. Glenn Claims that Newt Gingrich is just a dangerous as the Nazi’s killing 11 million People.
http://www.youtube.com/watch?v=iGFxEupRK0E
Report Post »Ded-Bred
Posted on January 24, 2012 at 2:26amEven knowing your angle and the ol’ tongue-in-cheek comment, it‘s like ’glorifying Satan’ as a publicity stunt, or as a joke- nothing remotely “impressive” about someone so unethical, so slimy, so arrogant that they lie…he’s NOT a good liar. Or manipulation. But the cowards the GOP has always gotten behind that allow this disgraceful pile of feces to consistently use his office to push his agenda through without adhering to the laws supposedly designed to keep him from acting without approval from senate, congress, and house. Oh, I’m not a “birther” but am willing to bet he rec’d. financial aid as a foreign student…yet he’s the only man in U.S. who doesn’t have to release records? Who among the Republicrats has a backbone willing to press these issues? Keep hearing Romney is only man to beat Barry. Hussein. Mitt’s so like him they may be twins. Newt? Who let him back in GOP anyway?
Report Post »Then all the fake radio monkeys throw excrement at the only honest man in politics. They tell lies about him misquote him and claim he’s crazy? Well, Iran is a direct result of U.S.A. interference. They had democracy. But we (and British oil co.) used our embassy, pulled a coup & put a dictator in power.in 1953. The hostage crisis in Carter regime was college students. They took embassy as they were afraid another coup attempt from there. Guess what? They were right. 9/11? 6 yrs. before bin Laden blew up 2 of our embassies in Africa. Mossad and CIA knew it & where he was but
louise
Posted on January 24, 2012 at 7:37amMs-glennbc,
When a caller does not shower Glenn with praise, I notice that he just talks all over them instead of respectfully listening to them, then responding. It is really childish and annoying. Also all the “funny” weird voices he and his staff does on air is so old and not funny.
Report Post »The-Monk
Posted on January 24, 2012 at 12:59am“Critics will likely argue, however, that like his last campaign ad, this new one might get “three Pinocchio’s” from the Washington Post as well.”
If you go back to the Bruins give Obama a Hockey shirt article you will see that they gave him the two Pinocchio’s shirt! Or is that the double dild0 shirt?
http://www.theblaze.com/stories/nhl-hockey-player-snubs-white-house-in-protest/
Report Post »Skrewedretiree
Posted on January 24, 2012 at 12:54amNow, now, be fair! Obummer DID create jobs! Something like 16,000 new IRS agents to handle the new 1040 forms that will require us to report our Health Care Insurance information or be fined $750.00, remember?
Report Post »NOBAMA201258
Posted on January 24, 2012 at 9:51amMeanwhile today marks1,000 days without a federal budget and obama says he is releasing it next week of course after his state of the union bull session, how can this clown reject the keystone pipeline? He is the worst thing to happen to America since 9/11
Report Post »guns-an-bibles
Posted on January 24, 2012 at 12:02pmDon’t forget the census!!!! and the czars!!!!!
Report Post »welovetheUSA
Posted on January 24, 2012 at 12:52amWhat a ding bat………..Its Never the job of the president to create jobs………ever in our history. Get this fool out of our white House.
Report Post »GeorgieJo
Posted on January 24, 2012 at 8:41amThis is sadly hilarious. Obummer and his team have to be delusional.
Report Post »Hard for me to believe anyone would vote for this man. He is sadly ruining our country.
guns-an-bibles
Posted on January 24, 2012 at 12:04pmAnd here we are allowing it by not demanding impeachment!!!
Report Post »The-Monk
Posted on January 24, 2012 at 12:48amFunny that the chart doesn’t show that in August 2011 we had 0 (zero) net jobs in the US? Another lying WH chart. Please call them out on this false chart Congress!
Report Post »TyrannyNoMore
Posted on January 24, 2012 at 12:48amThe only place the Usurper in Chief has created jobs, is at all our domestic gun and ammo manufacturers. The American people are aware of what is coming and sales for this industry are going through the roof.
Report Post »Detroit paperboy
Posted on January 24, 2012 at 12:46amIts true… If you count blood sucking, parasitic , do nothing , make work, lazy ass, worthless , GOVERENT JOBS………and Splyndra !
Report Post »barber2
Posted on January 24, 2012 at 12:32amThis the party which supports the phony 99% crowd. The party which supports the Occupiers who said in San Francisco that they are not just protesting greed but CAPITALISM. Excuse me ? They are protesting capitalism??? No wonder the nerds in the White House can’t fix the economy ! Marxists only know how to “ redistribute ” wealth ; they do not know how to generate it ! Get rid of these economic incompetents and let’s get back to being successful ! NO-Bama 2012 ….
Report Post »oddball130
Posted on January 24, 2012 at 12:31amThis guy is such a loser on so many levels. A bottom feeder lies.
Report Post »13th Imam
Posted on January 24, 2012 at 12:28ampresident food stamps
president devaluation
president apology
Now the Jobs president?? ha, ha,, ha cough, cough barf, barf
Report Post »PretzelLogic
Posted on January 24, 2012 at 12:26amInstead of “The Audacity of Hope”, his book should have been called “The Audacity of My Lies”. Who does he think is going to believe this tripe?
Report Post »NOBAMA201258
Posted on January 24, 2012 at 12:34amWhen did he change his name from barry soetoro to barack hussein obama? Anybody know?
Report Post »barber2
Posted on January 24, 2012 at 12:42amNOBA: He was reportedly registered as “ Barry Soetoro from Indonesia ” at Occidental College but am not sure of the year/ where he went from there…. maybe he changed his name as a community organizer ? Or did he become Barack Obama from Africa at Harvard for a better financial packable ? Who knows. Plus they have had several years to fudge the hidden school records. And we know how clever the Big Lie Lefties are !
Report Post »BODYBAG
Posted on January 24, 2012 at 12:25amDoes this President drop acid in the Pink Room?
http://www.youtube.com/watch?v=RijB8wnJCN0&ob=av2n
Spin doesnt even come close. The stuff these idiots pump out
Report Post »is from some alternate universe.
RBSWORLD
Posted on January 24, 2012 at 1:00amWhat the hell was that crap?????????
Report Post »BODYBAG
Posted on January 24, 2012 at 1:10amIts the closest thing I can imagine to the universe that President BarryO apparently exists in.
http://www.zerohedge.com/news/us-unrecovery
Report Post »BODYBAG
Posted on January 24, 2012 at 1:14amCypress Hill. They performed at the White House last year for
Report Post »Michelle, Sasha & Mailka
mauijonny
Posted on January 24, 2012 at 2:01amKids names are Sasha and MALIA. As for this creepy rapper crap that we all paid for for their entertainment – makes we want to puke.
Report Post »glashole
Posted on January 24, 2012 at 12:25amGovernment jobs. Net consumers from the tax base, non-producers.
Report Post »Ghandi was a Republican
Posted on January 24, 2012 at 12:23amThe guy is an empty straight jacket..
Report Post »Rayblue
Posted on January 24, 2012 at 12:19amSometimes the lead in is too full of promise. Too ripe for the word to do it justice.
Report Post »I mean, this one is so over the top that I’m at a loss. Have at it friends.
Self_Deport_Mitt_Romney
Posted on January 24, 2012 at 12:18amWhat AN IDIOTIC IDEA from Romney of “self-deportation”
Some 22m illegals are gonna self-deport? And this man wants to be President? God help us.
You suck at politics.
Report Post »barber2
Posted on January 24, 2012 at 12:37amSELF DEPORT: you are a Lefty Troll who just started OCCUPY the Blaze today. Please go SELF DEPORT your self. And please take WHEREAREROMNEYS with you… But say “ hi ” to WHEREARE OBAMASSCHOOLRECORDS if you ever find him…… ( you guys are amazingly transparent )
Report Post »HeSaidWhat
Posted on January 24, 2012 at 12:50amAnd somebody sucks at writing comments that have anything to do with the news article in question.
Report Post »ODB1111
Posted on January 24, 2012 at 12:13amAnd nancy pelosi is only 30 years old
Report Post »USAMEDIC3008
Posted on January 24, 2012 at 12:22amThen she is not to old to be aborted
Report Post »NOBAMA201258
Posted on January 24, 2012 at 12:27amODB1111- That must have been one tough paper route for princess nancy eh? The lies from obama just keep coming and abc news has become as big a joke as msnbc but they will influence the kind of idiots that vote democrat. Where are these millions of jobs? Oh yeah in China
Report Post »Detroit paperboy
Posted on January 24, 2012 at 12:53amShe looks terrible for thirty… Ughhh just terrible !
Report Post »LIBS-ARE-DINGLEHEADS
Posted on January 24, 2012 at 4:25amAnd she never had botox. She never said anything she actually said. She never voted for anything that would help her husband’s holdings….ever……
And, she never asked for the special Air Force transport. And, she’s a nice person (really).
Report Post »guns-an-bibles
Posted on January 24, 2012 at 12:14pmand she’s SEXY!
Report Post »Dougral Supports Israel
Posted on January 24, 2012 at 12:09amHow much has Obama added to the debt? $5 trillion, $6 trillion, more? What is his forecast for the future, $1 trillion a year, far as the eye can see? It sure doesn’t feel like all that many jobs have been added either. What about the food and fuel inflation? Yeah, I know it doesn‘t exist according to the gov’t. But to the consumer it seems that prices for essentials are going up. Maybe it has something to do with all those trillions The Bernanke created. Obama will say no but reality doesn’t lie the way politicians do.
Report Post »vinnymac46
Posted on January 24, 2012 at 12:05amYes, yes…and just look how great we are now…thank you President Oblama
Report Post »riverdog1
Posted on January 24, 2012 at 8:12pmobama stopped the collapse of the economy by spending trillions of dollars. reagan spent almost as much (more than every admin combined). and as rush has said “outsourcing of jobs is a plank in the republican party”. dick deficits don’t matter cheny, remember him? to the idiot above on obama recieving aid as a foreign student, didn’t, cause you know he was born a US citizen. you guys are funny.
Report Post »USAMEDIC3008
Posted on January 24, 2012 at 12:05amJust one big Joe – blob( code words)
Report Post »RBSWORLD
Posted on January 24, 2012 at 1:09amThat would be “PIG LATIN’!!
Report Post »Captain Crunch
Posted on January 24, 2012 at 12:04amAnd I’m just a stupid idiot with my head stuck stuck in the hole I buried it in.
And this president thinks all of you are dumber than me.
(Sarcasm=freedom of speech)
Report Post »Dougral Supports Israel
Posted on January 24, 2012 at 12:11amYou have to remember that Obama is the smartest guy in a room full of useful idiots.
Report Post »poverty.sucks
Posted on January 23, 2012 at 11:56pmWhen the democrat controlled congress maliciously crashed the economy, losing millions of jobs, jobs will eventually be created.
Report Post »UBETHECHANGE
Posted on January 23, 2012 at 11:54pmYes indeed. Gubermint jobs.
Report Post »mils
Posted on January 24, 2012 at 12:04amhe has created jobs!!! he has he has he has!!
Report Post »He has created many many many jobs for… Brazil…and Brazil is very happy with our president’s creating jobs for/in their country!