By: Jeffrey Klein
Political Buzz Examiner
Barack Obama is a miracle worker–he was able to have his staff quickly gather hundreds of women and throw together an “emergency” half-day “White House Conference on Women’s Issues,” with Obama scheduled to pop in and give them a “pep talk.”
Generally, President Obama’s schedule is so jam-packed with his countrywide campaign commitments, that he doesn’t even have time to Arizona Gov. Jan Brewer while in Arizona, even though he is suing them for jumping the gun on locking down the U.S.-Mexico border, and flushing out illegal aliens–or “undocumented Democrats,” as coined by Mark Steyn.
Regardless, in stark contrast to the vacuous contentions of the White House, who suggest women are worried about their access to birth control pills, the economy, jobs and national debt continue to dominate the center stage of politics all over the nation–and the numbers from today are not going to provide them with a Happy Easter.
After adding an average of 246,000 jobs per month over the past three months, hiring hit the skids with March plunging off a cliff, reporting just 120,000 jobs created–less than half of what the private sector of the economy had been producing, according to the Bureau of Labor Statistics Employment Situation Report released today.
And, although the unemployment rate slipped a sliver to 8.2 percent, it was attributed to another hoard of discouraged job seekers leaving the labor pool.
The really stark statistic that is rarely, if ever, mentioned in the mainstream media, is the “real” unemployment rate, which includes all of those people who have “given up looking for work, and those forced to settle for part-time jobs,” and now sits at 14.5 percent, according to an unusually objective Associated Press article today.
House Majority Leader Eric Cantor (R-VA), weighed in, stating … “The level of growth we are seeing isn’t enough to make a difference for the millions of Americans still out of work, or families facing high gas prices and the uncertainty of a lagging economy.”
Federal Reserve Chairman Ben Bernanke stepped to the plate saying that … ‘the current hiring pace is unlikely to continue without more consumer spending.’
That’s not very good news, because consumer spending is being choked off by the truly unprecedented 66-cent run-up in gasoline prices (to a national average $3.94 a gallon) so far this year, and will continue to be a counter-force to our economic recovery.
Instead of focusing on important women’s issues, such as their right to join The Augusta Golf and Country Club, Barack Obama should remember that no incumbent president has been reelected while the unemployment rate was over 7.8 percent.
But, it seems like in the remote chance that the unemployment rate fell to 7.7 percent by November, as 99.999 percent of over-the-road vehicles in the United States cannot yet use “free” solar or wind power–the inflammatory price of gasoline will likely incinerate Barack Obama’s reelection hopes.