President Obama did his best to spin the jobs report on Friday as a sign of progress, but as the liberal New York Times reported it’s not all wine and roses.

A report from the National Employment Law Project, a liberal research and advocacy organization that focuses on labor issues, found that while the majority of jobs lost in the downturn were middle-income jobs, the majority of the jobs created since then had been lower-wage ones.

And for those looking for a job, things are still tough.

 “I’m not just competing against all the other people who are out of work,” said Griff Coxey, 57, of Cascade, Wis., who was laid off in May from his controller job at a small business. “I’m also competing against all those people who are actually working but are underemployed.”

We don’t need another 4 years of stagnant or low-wage job growth. We need some real leadership and real action that will put this country back to work and move it forward not backward, as we have been for the last four years.

 

Denver is known as the Mile High city and as far as Al Gore is concerned, the high altitude, the thin air of the city may have been a contributing factor to President Obama’s poor debate performance agains Mitt Romney on Wednesday night.

I’m going to say something controversial here, Obama arrived in Denver at 2 p.m. today – just a few hours before the debate started. Romney did his debate prep in Denver. When you go to 5,000 feet, and you only have a few hours to adjust – I don’t know…

Talk about scraping the bottom of the barrel.  Yes, it can take time for some people to adjust to the altitude in Denver, but the president has been there many times before for speeches and has never shown any ill effects, until now apparently.

Then again when it comes to climate, we all know how accurate Gore has been in the past.

The fact is that Obama came into the debate totally unprepared and his performance was so stunningly bad, that even the liberal media couldn’t provide cover for their favorite son.

It wasn’t the altitude, but the attitude that sank Obama in Denver on Wednesday night.

Last night’s presidential debate between Mitt Romney and Barack Obama set a new record topping the previous record set during the Democratic National Convention thanks in part to Big Bird.

According to the Twitter Government team, Romney’s mention of Big Bird and  cutting subsidies to PBS generated 17,000 tweets per second while tweets about PBS clocked in at 10,000 tweets per second.

According to Twitter, the debates generated 10.3 million tweets, topping the 9.5 million tweets issues during the Democratic National Convention in early September.

I knew something was up when I saw my twitter feed appearing on my computer at lightning speed, making it hard to keep up with those that I follow.

The next debate will be between Paul Ryan and Joe Biden and should attract a significant amount of attention, but it will be hard pressed to top last night’s figures.

President Barack Obama’s reelection campaign continues to hammer Mitt Romney by claiming that his firm Bain Capital was a “outsourcing pioneer.”

The campaign has based this claim on a June 21 Washington Post story on Romney and Bain, and has been running an ad to that effect, despite the ad being rated false by FactCheck.org

Not only that, but the Post’s own fact checker, Glenn Kessler who had previously rated a similar Obama ad as false and gave it four Pinocchios, said that the Obama camp had misinterpreted the Post article and said that there was “little in the article that backs up the Obama campaign’s spin.”

Ouch!

Senior Obama adviser Robert Gibbs, stuck by the ad Sunday when he appeared on CNN’s State of the Union, telling host Candy Crowley that everyone should read the Post article when asked about the false ratings the ad had received.  The same article that the Post fact checker said they misinterpreted.

But that hasn’t stopped the campaign from pushing this issue.

On the Washington Post website the Obama campaign is running an ad promoting their view of Romney as an outsourcer next to the June 21 article.

The ad reads in part.

“Romney’s companies were pioneers in shipping jobs overseas”

The problem with this is that the Post is reporting that Obama has his own outsourcing headaches as jobs have continued to move overseas since he took office in 2009.

In addition, Obama’s former economic policy adviser, Diana Farrell, was the primary author of a report in 2003 for the McKinsey Global Research Institute entitled “Offshoring: Is It a Win-win Game?” that concluded the benefits of offshoring to the U.S. exceeded the costs.

Then there is the study by the Energy Department that found that 60% of the 40 largest wind farms financed by the stimulus relied on foreign manufacturers for their key components, including turbines.

All I can say is Pot,Kettle,Black.

Actor Billy Baldwin, told Piers Morgan last week that his brother Alec Baldwin who he considers to be very bright and committed, but he may not be “cut from the proper cloth” because it requires a lot of tolerance and patience, which is not something that he is known for.

Baldwin also stated that while he is a supporter of President Obama and will vote for him again, that he is very disappointed with him on many levels, public education, the slow recovery and Wall Street.  He added that if the administration continues to act unethically like the Jon Corzine administration did, then it won’t be long before people take to the streets like the Rodney King situation.

That isn’t exactly a ringing endorsement for Obama, but Baldwin can’t bring himself to vote for Romney so his vote will be more anti-Romney than pro-Obama, which is likely to be repeated by other Hollywood liberals who find themselves at odds with the administration.

See the interview here.

Now that the payroll tax holiday has passed and will remain in effect through the end of 2012, the question remains as to what happens next year.

President Obama and the Democrats have promoted the tax holiday as a middle class tax cut benefiting the average worker to the tune of $1,000 per year or roughly a $20 a week boost to workers  paychecks.   Since that tax holiday went in to effect in 2010 the real effect is that workers won’t see that $20 a week benefit disappear this year.  Next year however could be a different question.

When the talk of an extension came up late last year, Republicans demanded that there should be spending cuts to offset the drain on the Treasury and more specifically the Social Security Trust Fund so that the tax holiday wouldn’t cost the government any more money than it already had in terms of increasing the deficit.

The president along with the Democrats in the House and some help from the mainstream media portrayed the GOP as cold-hearted and not wanting to give middle income Americans a much needed tax cut. Plus it was only temporary.

This was a very effective strategy, as Congress passed a two-month extension so they could go home for Christmas and in essence punted the ball into 2012.  When the time came to deal with the “tax cut”,  Republicans seemed to have lost their resolve and passed an extension without demanding that it be paid for somewhere else in the budget.

Score this as a victory for Obama, but a loss for taxpayers and their future generations who will eventually have to foot the bill for this folly.

For the Democrats it was all part of a strategy of pulling together a populist message that was also a pocketbook issue in an election year.  Who cares about paying the Piper when you have an election to win? Certainly not House Minority Leader Nancy Pelosi, who told PBS Newshour’s Judy Woodruff that she wasn’t worried about how the reduced payroll contributions will be repaid by saying “I think that this should be the last year for it. One or two years, no, the trust fund can handle that.”

What’s $70 billion in lost revenue when you have a national debt of over $15 trillion?

The bigger problem with the “tax cut” as Obama prefers to refer to it is how do they revert to the old rate once the extension expires without calling it a tax increase as the president accused Republicans who were against the extension of favoring.  Oh yeah I forgot.  It will be after the election which Obama hopes will result in a second term and by that point he will find another way to rephrase it so that he doesn’t look like the bad guy.

In the end this supposed “tax cut” will do little to stimulate the economy as most workers have either been saving the extra money in their paycheck or spending it on gas which is soaring towards record highs instead of making purchases of items that help create new jobs.

Even Treasury Secretary Tim Geithner admits that one result will be that we will have to increase our debt ceiling limit ahead of schedule which should give voters a clue of the bum hand that they have been dealt by Obama and the Democrats.

Tick, Tick, Tick goes the debt bomb.

 

 

 

 

After engineering one of the greatest political comebacks the week before in South Carolina, capped by a stunningly large victory in the state’s GOP primary, Newt Gingrich has uncharacteristically stumbled this week as he heads into Tuesday’s important Florida vote.

Gingrich who has proclaimed that he is the best debater and showed both his debate political skills last Thursday when he turned a potentially embarrassing question on his second marriage into an attack on CNN’s John King and the mainstream media has had a week only slightly better than Mitt Romney’s bad South Carolina week.

In the first Florida debate this week on Monday night, NBC’s Brian Williams, took away one of Gingrich’s best weapons when he silenced the crowd before the debate began, which led to a rather dull session and the normally fiery Gingrich acting and looking like a neutered puppy.

And just like Romney who had a bad first debate in South Carolina and followed it up with an almost equally bad second debate, Gingrich’s performance last night was disappointing as he failed to land any significant punches at Romney.

Gingrich did try for a “John King moment” with CNN moderator Wolf Blitzer, but Blitzer is no patsy and rather than play Newt’s game continued to press the former Speaker and gained the upper hand.

Newt has had other problems in Florida, including the removal of an ad that called Romney “anti-immigrant” after Sen. Marco Rubio complained about the ad.

Gingrich also lost on his argument that Romney had sizable investments in Fannie Mae and Freddie Mac, which Romney explained were mostly through mutual funds and pointed out that Gingrich also had investments in these same companies in funds he owned.

This isn’t to say that Romney had smooth sailing during the debates this week, but overall his combativeness seemed to put Newt into more of a defensive crouch and I expect that the next set of polls that will be taken to reflect last night’s debate will show the momentum has shifted back to Romney as a critical time in the campaign.

Rick Santorum may have had said it best when he asked Gingrich and Romney to call off the personal attacks and get to the issues.

Until they do, Obama and the DNC can sit back and watch the sideshow that has become the GOP presidential race.