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Aug 6, 2011
08/11
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the unemployment rate went down, not up. but while this marks the 17th month in a row of job growth in the private sector, nearly 2.5 million new private sector jobs in all, we have to create more jobs than that each month to maybe up for more the cycle are spending and companies are hiring and our economy is growing. we've known that will take some time. but what i want the american people and our partners and the world to know is this -- we are going to get through this. things will get better. we're going to get there together. the bipartisan compromise on deficit reduction was important in terms of putting us on sounder fiscal footing going forward. but let's be honest, the process was delayed, divisive. if we want our businesses to have the confidence they need to get cash off the sidelines and invest and hire, we got to do better than that. we've got to be able to work together, to grow the economy right now and strengthen our long-term finances. that's what the american people expect of us. leaders that can put aside
the unemployment rate went down, not up. but while this marks the 17th month in a row of job growth in the private sector, nearly 2.5 million new private sector jobs in all, we have to create more jobs than that each month to maybe up for more the cycle are spending and companies are hiring and our economy is growing. we've known that will take some time. but what i want the american people and our partners and the world to know is this -- we are going to get through this. things will get...
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Aug 5, 2011
08/11
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however, in spite of that the unemployment in the south bay is not so great. the unemployment rate.old that you they added thousands. experts believe that the vat a reflection of more unemployed people coming off of the sidelines and getting back in the job search now that more businesses are hiring. keep in mind not everyone is hiringing. we reported last month that san jose's largest employer is getting ready to lay off 6500 employees worldwide. a huge chunk laid off here in the south bay. >> tough numbers to hear. thank you. what about the numbers when it comes to the forecast? we need a ray of sunshine. >> much easier on the ears this morning. we've got comfortable weather for you. 70s for the most part. the warmest spot in the bay area, the places and the outlying areas like gilroy, livermore, even concord, you guys will only be in low 80s. beautiful conditions. provided by that marine air. we have a pretty gep deep marine layer. we're noticing wetter visibility. you have livermore that goes for you as well. alo along the peninsula nothing too deep when it comes to the fog. we'
however, in spite of that the unemployment in the south bay is not so great. the unemployment rate.old that you they added thousands. experts believe that the vat a reflection of more unemployed people coming off of the sidelines and getting back in the job search now that more businesses are hiring. keep in mind not everyone is hiringing. we reported last month that san jose's largest employer is getting ready to lay off 6500 employees worldwide. a huge chunk laid off here in the south bay....
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Aug 5, 2011
08/11
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FOXNEWSW
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the unemployment rate went down. companies and a lot of economists are still predicting about 8% unemployment rate going in to the fall election. i think that would not bode well for the president. >> chris: president obama and the labor secretary with different takes on the job numbers out today. bring in the panel. jonah goldberg of national review online, a.b. stoddard from the hill newspaper and syndicated columnist charles krauthammer. the unemployment numbers for july were better than expected. put them on the screen. 117,000 jobs created. and the unemployment rate went down from 9.2% to 9.1%. after a 500 hof point drop in the dow jones yesterday it went up 61 points today. question, are our troubles over? >> no. i think the best way to think about the statistics on this, we lost 200,000 people leave the job market entirely, which is why unemployment rate went down. the way to think about it is imagine that president obama says the rate is improving but what is really happennal we're running faster on a treadmi
the unemployment rate went down. companies and a lot of economists are still predicting about 8% unemployment rate going in to the fall election. i think that would not bode well for the president. >> chris: president obama and the labor secretary with different takes on the job numbers out today. bring in the panel. jonah goldberg of national review online, a.b. stoddard from the hill newspaper and syndicated columnist charles krauthammer. the unemployment numbers for july were better...
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Aug 21, 2011
08/11
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CNNW
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twice the number of unemployment people.angeles and to stick with a jobs agenda. what the republicans have done, they argued this thing, taxes and etc., etc., and there are some tax cuts we simply can't afford. >> i need a quick yes or no answer if i can get it. >> yes. >> do you think the president has taken the african-american vote and chun tea for granted in terms of support? >> no, i do not. >> thank you so much for coming. we appreciate your time. >> thank you. >>> when we come back, president obama says there's no danger of another economic recession. our democratic panel weighs in next. about energy independence. did you know that today about a quarter of all new transit buses use clean, american natural gas? we have more natural gas than saudi arabia has oil. so how come we're not using it even more? start a conversation about using more natural gas vehicles in your community. >>> joining me now to discuss recession worries, editor for thompson reuters original, and the economic editor for the economists. i hardly k
twice the number of unemployment people.angeles and to stick with a jobs agenda. what the republicans have done, they argued this thing, taxes and etc., etc., and there are some tax cuts we simply can't afford. >> i need a quick yes or no answer if i can get it. >> yes. >> do you think the president has taken the african-american vote and chun tea for granted in terms of support? >> no, i do not. >> thank you so much for coming. we appreciate your time. >>...
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Aug 12, 2011
08/11
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if we have, for example, 5% unemployment unemployment, we would be fine. there would not be any problems. so we need to bring down that unemployment number. >> the last week in economic and business news has been terrifying even to people who like roller coasters. the downgrade, the controversies surrounding that. and the way it's been treated both in the media and the political press in particular. are there signs to you that the shocks we've gone through may be enough to what we're going through in washington? >> i hope so. the six republicans that have been appointed to that super committee, all of them signed a pledge not to raise taxes. i hope that the fact that the new responsibility has been put on them. that they will have a different idea of how to move forward. but it is scary. people at all economic levels are scared. i talked in the district with ordinary people. but retiree, someone close to 80 years old today told me he lost a quarter of all of his nest egg, his private nest egg, because of what happened. ordinary people in the stock market.
if we have, for example, 5% unemployment unemployment, we would be fine. there would not be any problems. so we need to bring down that unemployment number. >> the last week in economic and business news has been terrifying even to people who like roller coasters. the downgrade, the controversies surrounding that. and the way it's been treated both in the media and the political press in particular. are there signs to you that the shocks we've gone through may be enough to what we're...
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i've been out of work since april of two thousand and eight my unemployment benefits benefits ran out in march of two thousand and i have used my life savings and everything that i owned in order to maintain a roof over my hat continually looking for work and genuine being watching the government rhetoric that has gone on over the last few years and then you know we're getting frustrated with the lack of response in the government on things gentian the people that are out here suffering now do you think it's on the side of me to tell you off go ahead. it's just very frustrating to watch that at home and. do you feel like and i guess unemployment benefits are a necessity for you because there are a lot of people out there who argue that that just makes you lazy that makes you a leech off the government you'd rather just collect paychecks from the government and from the taxpayers then maybe even you know stoop so low as to go try to get a job at mcdonald's. i've tried mcdonald's they're not hiring people didn't realize donald was going to save this country when the crisis that we are i
i've been out of work since april of two thousand and eight my unemployment benefits benefits ran out in march of two thousand and i have used my life savings and everything that i owned in order to maintain a roof over my hat continually looking for work and genuine being watching the government rhetoric that has gone on over the last few years and then you know we're getting frustrated with the lack of response in the government on things gentian the people that are out here suffering now do...
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the unemployment rate then right so therefore it may be somewhat more on that we're not part of that the republicans were not part of that has been done but definitely not they only offer lots of insults and they go away that's part of it there's nothing in it for them besides they don't realize we are both really arguing and we're not going to pick between that and that we're going to pick the person that represents the so will you vote for president obama in two thousand and twelve considering he hasn't addressed jobs at this point no i have not chosen my candidate a long time away from election. i want to lose their grip provide brokers in order for ninety nine hundred. million under. our brand i want to thank you very much for joining us tonight talking about your story and as i said as of june there are now two million other people like you out there in america have been unemployed for ninety nine weeks or more and those numbers just might go up and as of now no extension on those benefits so of course good luck to you and i thank you so much and. well still to come tonight anti
the unemployment rate then right so therefore it may be somewhat more on that we're not part of that the republicans were not part of that has been done but definitely not they only offer lots of insults and they go away that's part of it there's nothing in it for them besides they don't realize we are both really arguing and we're not going to pick between that and that we're going to pick the person that represents the so will you vote for president obama in two thousand and twelve...
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Aug 19, 2011
08/11
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. >> unemployment an unconscionable. we don't know what his strategy is. >> sean: we'll debate the group's controversial remarks. >> time for our weekly edition of media mash. >> democrats say until perry came along they never thought they would meet a candidate who made the other republican candidates look responsible. >> sean: this week the obamamania media puts their spin on the race. we are on the road to 2012. hannity starts right now. with the stock market in another free fall and more terrible news on-the-jobs front today president obama went on vacation. this afternoon the dow closed down over 400 points, below the 11,000 mark. the sinking markets influenced by the labor department's an funsment americans piling for first time unemployment benefits -- rose unexpectedly last week. jumping over 400,000 again. the man with the so-called plan to turn around our slumping economy. he didn't flinch, as he encountered today's bumps in the road. down in his private jet, took a short flight to his vacation destination. don
. >> unemployment an unconscionable. we don't know what his strategy is. >> sean: we'll debate the group's controversial remarks. >> time for our weekly edition of media mash. >> democrats say until perry came along they never thought they would meet a candidate who made the other republican candidates look responsible. >> sean: this week the obamamania media puts their spin on the race. we are on the road to 2012. hannity starts right now. with the stock market in...
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Aug 6, 2011
08/11
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that's essentially what the unemployment insurance program does.ook, i don't have a problem with providing someone with three or six months of unemployment benefits if they fall hard on their luck and lose their jobs. as you know, juan, we are now paying people almost two years of benefits and the statistics in evidence is very clear on this. the longer you provide people unemployment benefits, the longer they stay unemployed and the less they look for a new job. they starlight looking for a new job when they lose their unemployment benefits. now, here is the point. that's the case that i made two or three years ago. unemployment insurance was a big part of the president's original 830 billion-dollar stimulus. and it did not work. and i think the answer to your question whether liberals have run out of ideas? yes they have run out of ideas. i heard president obama's press conference today what he said more unemployment insurance. more infrastructure spending. another payroll tax cut. juan, we just did that and it didn't work. the only thing that's
that's essentially what the unemployment insurance program does.ook, i don't have a problem with providing someone with three or six months of unemployment benefits if they fall hard on their luck and lose their jobs. as you know, juan, we are now paying people almost two years of benefits and the statistics in evidence is very clear on this. the longer you provide people unemployment benefits, the longer they stay unemployed and the less they look for a new job. they starlight looking for a...
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Aug 20, 2011
08/11
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rate as opposed to a 9 % unemployment rate. >> absolutely. but you're going to have to start looking at, i've been harpg on this for some time now, there are a lot of 200 and 300 level courses that you can take at the community ledcollege lev that cost significantly less. you have to stop looking at school as a four-year rite of passage and like a six or maybe seven-year investment, you have to be smart with your money and smart with your time and decision making. >> the tests and the ap credits, and i'm sure steve, you've probably counseled your kids, right, at school to try to get credits before they get to college. >> as a matter of fact, we're in early college high school, so, in fact, most of our students leave with anywhere from 15 to 30 college credits and makes them a more interesting student to the college and makes them a more well-rounded student who's already prepared, specifically we take some of the introductory courses that really hurt children while they're in their first year, take out the english 101 and bios and early low-l
rate as opposed to a 9 % unemployment rate. >> absolutely. but you're going to have to start looking at, i've been harpg on this for some time now, there are a lot of 200 and 300 level courses that you can take at the community ledcollege lev that cost significantly less. you have to stop looking at school as a four-year rite of passage and like a six or maybe seven-year investment, you have to be smart with your money and smart with your time and decision making. >> the tests and...
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Aug 5, 2011
08/11
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unemployment rate is 11.8%, for the nation, the unemployment stands at 9.1%. how much of a strain is unemployment, the situation right now putting on states like california? >> it's good to be with you, thomas. there's no question that putting americans back to work is job one. it's not just getting a paycheck rather than receiving unemployment insurance, but it's the way you think of yourself, your self-image, the way the family looks at you. we have to make creating jobs a priority number one. one thing the federal government can do is stop digging a ditch when things are getting worse. the whole faa thing is a disaster. the dispute was over $16 million. they failed to collect 300 million in the process. threw tens of thousands of people out of work. the first thing congress should do is stop putting the economy in reverse. i'm delighted senator reid brokered a temporary solution. >> we're keeping a close eye on the markets after yesterday. the markets are down 100 points right now. california is the tenth largest economy in the world. that doesn't mean it d
unemployment rate is 11.8%, for the nation, the unemployment stands at 9.1%. how much of a strain is unemployment, the situation right now putting on states like california? >> it's good to be with you, thomas. there's no question that putting americans back to work is job one. it's not just getting a paycheck rather than receiving unemployment insurance, but it's the way you think of yourself, your self-image, the way the family looks at you. we have to make creating jobs a priority...
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Aug 31, 2011
08/11
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that's structural unemployment. the lost of homes, foreclosures, all of these things have a big impact, negative impact on our community, so we need jobs, find ways to have investment to create small businesses, we need all of that, so this rollout, of course, it's important. one million is a good start, we need a lot more. >> it also strikes me that we forget when we talk about unemployment, we're also talking about children and families, because when the participant is unemployed, that means more children are living in poverty and those numbers in the african-american and latino communities are also particularly high. >>> go ahead, representative. >> 39% of the homes of detroit are unemployed, and that's where children are in those homes. >> representative waters, i want to go ahead and switch the conversation for a second, a new poll said 51% of voters say the president doesn't deserve to be reelected, but african-americans still overwhelmingly support him, are you concerned this public disagreement can hurt his
that's structural unemployment. the lost of homes, foreclosures, all of these things have a big impact, negative impact on our community, so we need jobs, find ways to have investment to create small businesses, we need all of that, so this rollout, of course, it's important. one million is a good start, we need a lot more. >> it also strikes me that we forget when we talk about unemployment, we're also talking about children and families, because when the participant is unemployed, that...
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Aug 4, 2011
08/11
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KCSM
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any president who has got unemployment rate over 7% is vulnerable. >> mort. >> i think the unemployment rate is much worse than the american public knows. every family is affected, everybody knows somebody who is affected by it. i think that's the biggest issue facing this country in economic terms and in political terms. nobody could win an election with an unemployment rate that is really about 18%, not 9%. >>> see that revision, january, fbi and march of this year? >> yes. >> what is it, 0.4%? >> yes. that's for one of the months. but for the quarter, excuse me. down from 1.9%. but that tells you we created virtually no net jobs! >> why -- why is there such a gulf between those two statistics? >> well, the way they work -- >> .4? no gulf it's the economy flat in the >> no, the original statistic was 1.7, dropped to 0.4. that's a big drop! why that big cleavage? >> that's a huge -- very good question, john. that's an e norming change. >> did we have problem with the commerce department. >> they try to make the job numbers look as good as possible when they come out. when they -- >> yo
any president who has got unemployment rate over 7% is vulnerable. >> mort. >> i think the unemployment rate is much worse than the american public knows. every family is affected, everybody knows somebody who is affected by it. i think that's the biggest issue facing this country in economic terms and in political terms. nobody could win an election with an unemployment rate that is really about 18%, not 9%. >>> see that revision, january, fbi and march of this year?...
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Aug 6, 2011
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those people on unemployment benefits would rather have a job. that's where our focus needs to be. >> focus needs to be on shooting ourselves in the foot. also those lazy unemployed people. maybe we should shoot them on the foot too and get them hopping. white house cannot make a magic wand to make the economy go and the things the government can do are not things the president can wave a magic wand. eric cantor is signaling republicans will try to block even the baseline minimum stuff to not make things worse than they already are. so in that context, getting really granular today, the president announced a jobs return. >> a new returning heros tax credit for companies who hire returning veterans. i'm proposing an increase in tax credits for those employers hiring those with disability. we're challenging the private sector to hire or train 100,000 unemployed post 9/11 veterans or their spouses by 2013. >> the unemployment rate is an atrocious 9.1%. the unemployment rate for post-9/11 veterans is worse, 12.1% this month. >> one of our veterans wh
those people on unemployment benefits would rather have a job. that's where our focus needs to be. >> focus needs to be on shooting ourselves in the foot. also those lazy unemployed people. maybe we should shoot them on the foot too and get them hopping. white house cannot make a magic wand to make the economy go and the things the government can do are not things the president can wave a magic wand. eric cantor is signaling republicans will try to block even the baseline minimum stuff to...
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do you feel like and i gave unemployment benefits are a necessity for you because there are a lot of people out there who are do that that just makes you lazy that makes you a leech off the government you'd rather just collect paychecks from the government from the taxpayers then of even you know soup so low as to go try to get a job with donald. i tried me they're not hiring pace people didn't realize thank god we're going to save this country or in a crisis that we are in so they need to wake up and look around them and realize that it's coming and they're sort of guarding that summer job now because we've been out of the economy for so long the bottom line is real life line. i'm going to go home if i don't get a job benefits are just temporary him in order to help us move the current and they're ignoring the fact of the matter is now to just adding more ninety nine er's to our ninety nine or numbers we don't want more people going home with two you know intensity as the shelf full or the funding cuts out so we want the mission and they're not even. there discuss the everything els
do you feel like and i gave unemployment benefits are a necessity for you because there are a lot of people out there who are do that that just makes you lazy that makes you a leech off the government you'd rather just collect paychecks from the government from the taxpayers then of even you know soup so low as to go try to get a job with donald. i tried me they're not hiring pace people didn't realize thank god we're going to save this country or in a crisis that we are in so they need to wake...
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Aug 12, 2011
08/11
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economy is whether or not we can solve our unemployment problem, the huge, scary unemployment problemformer economic advisor to the vice president, jared bernstein posted this chart today. in addition to making your jaw drop, it points out -- the big red mass there, points out that high unemployment is so high, not necessarily because of continuing layoffs, because they're not helping, unemployment is so high and staying so high because people who are already unemployed can't get jobs. individuals continuing unemployment. people who are unemployed are staying unemployed. the average amount of time people stay unemployed in america is at the highest level since ever, since the labor department started counting. the economy is stuck. people are not getting hired and fired in the economic circle of life. people are unemployed and staying that way. that's not just a tragedy for them, their families, and for their immediate communities, that's the tragedy of the spire economy. there are not enough working people to work and spending money to get us near moving again. whether or not we can
economy is whether or not we can solve our unemployment problem, the huge, scary unemployment problemformer economic advisor to the vice president, jared bernstein posted this chart today. in addition to making your jaw drop, it points out -- the big red mass there, points out that high unemployment is so high, not necessarily because of continuing layoffs, because they're not helping, unemployment is so high and staying so high because people who are already unemployed can't get jobs....
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Aug 21, 2011
08/11
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the unemployment is unconscionable. we don't know what the strategy is. we don't know why on this trip that he is in the united states now and he is not in any black communities. we don't know that. >> you are taking some heat from african-americans and some of the most loyal supporters you have got saying the president goes on the jobs trip and doesn't even go to the minority community where the jobless rate is the worst. are you taking this constituency for granted? because that's what it looks like to them. >> absolutely not, and just because on one trip the president doesn't stop in every community doesn't reflect a policy judgment or a commitment judgment on his part. one of the major negotiations in this last debt discussion was how do we prevent those who are poor from being unfairly and unduly burdened by the cuts we have to make, and that's why medicaid and pell grants for needy students that want to go to college and several other things were cordoned off. those programs are going to disproportionately help poor americans whether they are white,
the unemployment is unconscionable. we don't know what the strategy is. we don't know why on this trip that he is in the united states now and he is not in any black communities. we don't know that. >> you are taking some heat from african-americans and some of the most loyal supporters you have got saying the president goes on the jobs trip and doesn't even go to the minority community where the jobless rate is the worst. are you taking this constituency for granted? because that's what...
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Aug 5, 2011
08/11
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now investors are bracing for new unemployment numbers. >>> thumbs down, in the wake of the debt crisis and the economic slump, americans' view of congress sets an all-time low. >>> and life on mars? new evidence of liquid water boosts the hope of finding life on the red planet. captioning funded by cbs >> good morning, everyone, i'm terrell brown in for betty nguyen.ñr >>> we begin this morning with r fear, what's driving the loss on wall street. the dow lost more than 500 points yesterday. investors are running scared over fears the u.s. could be headed into another recession. job numbers will also be out later this morning. if they're worse than predicted that could lead to another big sell-off. the latest on the u.s. and world markets this morning with jay dow in washington and tina kraus in london. jay, good morning. >> good morning to you terrell. if the debt crisis rattled investor confidence there's concern today's new unemployment numbers could send the market into an even deeper decline. today's government report is not expected to calm jittery investors. economists predict em
now investors are bracing for new unemployment numbers. >>> thumbs down, in the wake of the debt crisis and the economic slump, americans' view of congress sets an all-time low. >>> and life on mars? new evidence of liquid water boosts the hope of finding life on the red planet. captioning funded by cbs >> good morning, everyone, i'm terrell brown in for betty nguyen.ñr >>> we begin this morning with r fear, what's driving the loss on wall street. the dow lost...
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Aug 6, 2011
08/11
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KPIX
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it found it in today's unemployment report. it shows that the unemployment rate fell a tenth of a point in july, and there was an increase in hiring. it was small, but better than expected. in a volatile day of trading, the dow shot up 171 points, then dropped 244, and finally closed with a gain of just over 60. it is a long way from the high that it hit back in april. since then, the dow is off 1,365 more than 10.5%. we're covering this story in chicago, london, and washington. first, here's anthony mason. >> reporter: scott, finally, some relatively good economic news. it wasn't a blow-out number, but it was the strongest job growth we've seen since april. the news helped battered stocks stage a turnaround. >> it's really kind of a collective sigh of relief in global markets that the u.s. economy continues to add jobs. >> reporter: while governments continued to cut jobs-- 37,000 of them in july-- the private sector added more than 150,000 workers. >> we've got a pulse. we're still fighting. but, you know, we're not out of th
it found it in today's unemployment report. it shows that the unemployment rate fell a tenth of a point in july, and there was an increase in hiring. it was small, but better than expected. in a volatile day of trading, the dow shot up 171 points, then dropped 244, and finally closed with a gain of just over 60. it is a long way from the high that it hit back in april. since then, the dow is off 1,365 more than 10.5%. we're covering this story in chicago, london, and washington. first, here's...
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Aug 11, 2011
08/11
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i scrant a targeted approach to black unemployment. he has said the same thing ronald reagan said that a rising tide will lift all boats and third, his answer to black unemployment was the stimulus yet we know now that the stimulus money never trickled down to black folks, businesses or anybody else. those are the three responses we have got frontline this president. here is the point. he is now obviousfully re-election mode. he has to have a significant turnout in his own base to have a chance of being re-elected. what is going to happen? >> when he said rising tide, some people are rising and some people are rowing. even in no bode we are not in same position. some people are chilling. i understand the difficult position that is this president seems to find himself in. he has been the target of all kinds of racism. he is kind of walking the tight rope. i can't believe that he doesn't know and refuse to accept that he doesn't care. i think he is doing political maneuvering. here is the bottom line. it is not going work. people have to
i scrant a targeted approach to black unemployment. he has said the same thing ronald reagan said that a rising tide will lift all boats and third, his answer to black unemployment was the stimulus yet we know now that the stimulus money never trickled down to black folks, businesses or anybody else. those are the three responses we have got frontline this president. here is the point. he is now obviousfully re-election mode. he has to have a significant turnout in his own base to have a chance...
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Aug 6, 2011
08/11
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gwen: the unemployment rate ticks slightly downward, but the stock market took a jarring plunge. as the nation's capital catches its breath in august, what happens now? covering the week, charles babington of the associated press. michael duffy of "time" magazine, and deborah solomon of "the wall street journal." >> award-winning reporting and analysis, covering history as it happens. live from our nation's capital, this is "washington week" with gwen ifill, produced in association with "national journal." corporate funding for "washington week" is provided by -- >> this rock has never stood still. since 1875 we've been there for our clients through good times and bad. when they needs changed we were there to meet them. through the years from insurance, to nelvet management from real estate to retirement solutions, we've developed new ideas for the financial challenges ahead. this rock has never stood still. and that's one thing that will never change. prudential. >> corporate funding is also provided by -- boeing, at&t, rethink possible. additional funding for "washington week"
gwen: the unemployment rate ticks slightly downward, but the stock market took a jarring plunge. as the nation's capital catches its breath in august, what happens now? covering the week, charles babington of the associated press. michael duffy of "time" magazine, and deborah solomon of "the wall street journal." >> award-winning reporting and analysis, covering history as it happens. live from our nation's capital, this is "washington week" with gwen ifill,...
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Aug 17, 2011
08/11
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relatively high unemployment rate since that time. higher-than-average unemployment rate is worse, though, out in some of our medium-sized cities. those cities depend on manufacturing jobs, we know that manufacturing has taken an extra special hit. manufacturing is a big component of the iowa economy. those economies are the economies that are hurting a little bit worse than the state average. they were in the recession sooner, they're probably going to come out of the recession later and they're the types of economies and the types of communities that are going to be very attentive to any type of new job initiative. >> brown: and dedepass, nationally, of course, there was a sense that things were getting better and then unemployment started creeping up again and growth slowing. is that what's happening in minnesota? >> that's the same exact picture that you're seeing in minnesota. we had come back from an 8.5% unemployment rate in april of 2009 and had gotten all the way down a 6.5% unemployment rate in april and from there it starte
relatively high unemployment rate since that time. higher-than-average unemployment rate is worse, though, out in some of our medium-sized cities. those cities depend on manufacturing jobs, we know that manufacturing has taken an extra special hit. manufacturing is a big component of the iowa economy. those economies are the economies that are hurting a little bit worse than the state average. they were in the recession sooner, they're probably going to come out of the recession later and...
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Aug 25, 2011
08/11
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FOXNEWSW
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: i think a direction going down unemployment is favorable for him. the problem i don't understand, if i were running his campaign now the last thing i would have him doing is vacation at an elite place like martha's vineyard. if you are lucky enough to be on vacation the wisconsin -- [ unintelligible ] i think that pr problem is going to resonate far more than if the numbers are going down. i think he's in better shape over the numbers going down than the pr. >> i think the image is wrong too. it is interesting. our fox colleague dick morris literally told president clinton in '93 and '94 you can't go to martha's vineyard people don't like seeing you with the swells there. you need to go vacation in the american west. which he did for two years. i don't begrudge any president a vacation. having been inside the white house, i understand what kind of pressures they are under. they are allowed to go some place where they can relax for part of the day. i think you are right the idea of the wine-sipping elitist on martha's vineyard doesn't comport well wi
: i think a direction going down unemployment is favorable for him. the problem i don't understand, if i were running his campaign now the last thing i would have him doing is vacation at an elite place like martha's vineyard. if you are lucky enough to be on vacation the wisconsin -- [ unintelligible ] i think that pr problem is going to resonate far more than if the numbers are going down. i think he's in better shape over the numbers going down than the pr. >> i think the image is...
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Aug 20, 2011
08/11
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KRON
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unemployment is on the rise. the muni-bosus--the stock market seeing its fourth straight week of losses. who will hear from a financial analyst on the setback. >> the oakland police warnings on what you are wearing. >> a woman in florida is in trouble after putting a baby in the back of a pickup truck. why she thinks she did nothing wrong. >> a developing story. out of san francisco a woman has band struck and killed by a muni bus. 18th/hartford and the castro district. j.r. stone has the latest. >> officials are in the process of getting that boss out of the way. you can see they are working in oakland. if we pan the camera to the right this is for the woman was walking. she was walking across the street in a crosswalk. she was hit and later died. let me take you to the video in this heart wrenching. you are looking at her cellphone. underneath this city bus. her purse, her glasses. since this one was between 25 or likely between 25-30 years old. many are asking how did this happen? that is something that invest
unemployment is on the rise. the muni-bosus--the stock market seeing its fourth straight week of losses. who will hear from a financial analyst on the setback. >> the oakland police warnings on what you are wearing. >> a woman in florida is in trouble after putting a baby in the back of a pickup truck. why she thinks she did nothing wrong. >> a developing story. out of san francisco a woman has band struck and killed by a muni bus. 18th/hartford and the castro district. j.r....
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anyone with a 401(k) can reasonable worry that unemployment might crash that euro might crash, that unemployment could get worse that recession would be our new normal. but in an effort to replace some of that fear with knowledge, we asked some smart people the four big questions of the day. so, how bad was it really? it was bad. the drop in the dow, the worst since the great recession crash of late '08. >> tough day on wall street today. >> today's massive selloff on wall street.t. >> stocks around the world take a major tumble. >> reporter: both nasdaq and the s&p were down around 5% and today caps a brutal couple weeks. the markets have gobbled up almost $1 trillion in wealth over that stretch and the average american 401(k) is almost $12,000 lighter tonight than it was two thursdays ago. so, who is to blame? some of twitter want to pit all all of this on the smurfs. after all, the dow jones is down more than 850 points since they rang the bell. but there's a lot more legitimate anger aimim at the cartoon characters in washington. after weeks of political mud wrestling, america came within te
anyone with a 401(k) can reasonable worry that unemployment might crash that euro might crash, that unemployment could get worse that recession would be our new normal. but in an effort to replace some of that fear with knowledge, we asked some smart people the four big questions of the day. so, how bad was it really? it was bad. the drop in the dow, the worst since the great recession crash of late '08. >> tough day on wall street today. >> today's massive selloff on wall street.t....
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but unemployment is still high, 9.1%.hly job gains in the ballpark of 250,000 to get the jobless rate heading down at a steadily clip, so it's no surprise president obama said his singular focus right now will be, in a word, jobs. >> when congress gets back in september, i want to move quickly on things that will help the economy create jobs right now. extending the payroll tax credit to put $1,000 in the pocket of the average worker, extending unemployment insurance to help people get back on their feet, putting construction workers back to work rebuilding america. those are all steps that we can take right now that will make a difference. >> november 2012 might seem a long way off, but election is 459 days away. and most economists predict at best the unemployment rate by then will be in the ballpark maybe 8.5%. now, history suggests a rate that high would spell trouble for the president's re-election prospects. let's take a closer look. let's just look right here at the unemployment rate. we're at 9.1% today. if you lo
but unemployment is still high, 9.1%.hly job gains in the ballpark of 250,000 to get the jobless rate heading down at a steadily clip, so it's no surprise president obama said his singular focus right now will be, in a word, jobs. >> when congress gets back in september, i want to move quickly on things that will help the economy create jobs right now. extending the payroll tax credit to put $1,000 in the pocket of the average worker, extending unemployment insurance to help people get...
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Aug 18, 2011
08/11
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MSNBCW
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that's 5.5% higher than the unemployment rate of 9.1%.es, the deficit reduction bill showed little interest in these young workers and the burdens they carry. our priorities were not always this way. in 1934 president roosevelt signed into law the national housing act which allowed low income americans to borrow money to build and purchase a home. in 1944, roosevelt signed a bill to provide aide to world war ii veterans to buy homes and start businesses. in 1976, $25 billion for construction of the highway system. in 1965, president johnson signed into law the higher education act, which provided financial assistance to students, and in 1972, an amendment to that bill created the predecessor of what is now the pell grant. that is some of the legislation that characterized the greatest generation and allowed their children, the baby boomers, to prosper, integrate, to improve american prosperity and make america the world's economic superpower. that legislation would never pass this congress. instead of responding to the poor economy by inv
that's 5.5% higher than the unemployment rate of 9.1%.es, the deficit reduction bill showed little interest in these young workers and the burdens they carry. our priorities were not always this way. in 1934 president roosevelt signed into law the national housing act which allowed low income americans to borrow money to build and purchase a home. in 1944, roosevelt signed a bill to provide aide to world war ii veterans to buy homes and start businesses. in 1976, $25 billion for construction of...
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Aug 5, 2011
08/11
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FOXNEWSW
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and we keep a high level of unemployment, that's what we stay with, high level of unemployment. that means not much relief on the jobs front and not much relief on the housing front. bill: and that takes us into a whole political question, too, that we're going to analyze. stuart, thank you. the dow 30's up 1600 points in eight days of trading. see you at 9:20, stuart. thank you, you've got a busy day. last time we saw a bigger one-day drop was back in the fall of 2008, remember that? september 29th of that year the dow plunged 778 point toss the downside, that was the biggest all-time point loss in one session. about a month later it happened again, 733 points to the negative side, the second biggest point drop that we have seen in our o history. the end of the year in december, a 680 point drop, and what happened to jobs? we went from 7.6% unemployment in january of 2009, go five months later in may of that year, we're at 9.4%. these numbers will tell you an awful lot about where we have been and, quite possibly, where we are headed. alisyn: now we wait. the markets are set to
and we keep a high level of unemployment, that's what we stay with, high level of unemployment. that means not much relief on the jobs front and not much relief on the housing front. bill: and that takes us into a whole political question, too, that we're going to analyze. stuart, thank you. the dow 30's up 1600 points in eight days of trading. see you at 9:20, stuart. thank you, you've got a busy day. last time we saw a bigger one-day drop was back in the fall of 2008, remember that? september...
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Aug 6, 2011
08/11
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MSNBCW
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those people on unemployment benefits would rather have a job.t's where our focus needs to be. >> focus needs to be on shooting ourselves in the foot. also those lazy unemployed people. maybe we should shoot them on the foot too and get them hopping. white house cannot make a magic wand to make the economy go and the things the government can do are not things the president can wave a magic wand. eric cantor is signaling republicans will try to block even the baseline minimum stuff to not make things worse than they already are. so in that context, getting really granular today, the president announced a jobs return. >> a new returning heros tax credit for companies who hire returni ining veterans. we're challenging the private sector to hire or train 100,000 unemployed post 9/11 veterans or their spouses by 2013. >> the unemployment rate is an atrocious 9.1%. the unemployment rate for post-9/11 veterans is worse, 12.1% this month. one veteran was specialist nick colgin, an army medic. >> when nick was in afghanistan he served as a combat medic w
those people on unemployment benefits would rather have a job.t's where our focus needs to be. >> focus needs to be on shooting ourselves in the foot. also those lazy unemployed people. maybe we should shoot them on the foot too and get them hopping. white house cannot make a magic wand to make the economy go and the things the government can do are not things the president can wave a magic wand. eric cantor is signaling republicans will try to block even the baseline minimum stuff to not...
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Aug 9, 2011
08/11
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CSPAN
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i am on unemployment. going to this program and willing to work for free just to get the experience and the hospital will not accept it. host: bob templin? guest: the economy is in tough shape, even the health-care sector where there is still demand. employers have the opportunity to pick from experienced individuals who perhaps were out of the workforce and decided to come back in. people who are part-time want to go full time. people who were on evenings and weekends want a better shift. the second thing to intervene to this particular field is the turbulence in health care reform itself. we're literally creating new roles and specialties before the jobs have been created. for some time in some locations, we're going to find people with the skills that will be needed before the jobs are actually created. that is the case in health care, the electronic medical record. i have complete confidence we're in the early stages of revolution and health care and electronic medical record will be very, very importa
i am on unemployment. going to this program and willing to work for free just to get the experience and the hospital will not accept it. host: bob templin? guest: the economy is in tough shape, even the health-care sector where there is still demand. employers have the opportunity to pick from experienced individuals who perhaps were out of the workforce and decided to come back in. people who are part-time want to go full time. people who were on evenings and weekends want a better shift. the...
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Aug 25, 2011
08/11
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CSPAN
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unemployment did not go down. unemployment went up.are not working and they are not going to work. no matter what they do, the policies they are trying are not going to work because they never have worked and they will not work now. the only way to empower our people to truly tackle poverty is to grow our economy. the american free enterprise system is the only way to do that. i am not sure we will ever convince our liberal friends of that, but i do believe we can convince the vast much -- we can convince the vast majority of americans of that. [applause] >> if you could get the tea party one idea or topic for them to focus on, what should it be? >> i think they are focused on it -- the proper role of government in america. [applause] this whole debate -- all the screaming and shouting back and forth in washington -- the debate about the role of government used to be an ideological debate. now it does not even a debate. it is a mathematical reality. the federal government spends $300 billion a month. at only takes in $180 billion. you
unemployment did not go down. unemployment went up.are not working and they are not going to work. no matter what they do, the policies they are trying are not going to work because they never have worked and they will not work now. the only way to empower our people to truly tackle poverty is to grow our economy. the american free enterprise system is the only way to do that. i am not sure we will ever convince our liberal friends of that, but i do believe we can convince the vast much -- we...
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Aug 5, 2011
08/11
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WMPT
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and the unemployment rate dropped from 9.2% to 9.1%. estimates from may and june were also revised to show that hiring was better than originally thought. government jobs continued to be lost in june-- 37,000 in all. but the majority of those stemmed from the temporary shutdown of minnesota's government. in a speech at washington's navy yard aimed at improving hiring of unemployed veterans, president obama said today's numbers were a good step forward. >> we need to create a self- sustaining cycle where people are spending and companies are hiring and the economy is growing. we know that will take some time. but what i want the american people and our partners around the world to know is this-- we are going to get through this. things will get better. and we're going to get there together. >> brown: after a week of pessimism and anxiety over the economy, americans were left wondering what's next. >> it just doesn't seem like it's getting any better. it seems like it's getting worse but everybody's saying "ok it's picking up a little bit
and the unemployment rate dropped from 9.2% to 9.1%. estimates from may and june were also revised to show that hiring was better than originally thought. government jobs continued to be lost in june-- 37,000 in all. but the majority of those stemmed from the temporary shutdown of minnesota's government. in a speech at washington's navy yard aimed at improving hiring of unemployed veterans, president obama said today's numbers were a good step forward. >> we need to create a self-...
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Aug 18, 2011
08/11
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CNNW
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the unemployment is unconscionable. we don't know what the strategy is. we don't know why on this trip that he's in the united states now he's not in any black community. we don't know that. >> i'll be talking live with congresswoman waters next hour right here in the newsroom. >>> the university of miami promises to cooperate with an ncaa investigation into hurricane's football former booster shapiro claims he gave improper gifts to 72 players, including cash, nightclub outings, and even prostitutes. shapiro is now in prison running a multimillion dollar ponzi scheme. >>> a hacker breaks into a website used by san francisco transit system. police posts the home and e-mail addresses of all 2 officers. protesters are angry over recent shootings by b.a.r.t. police. officials blocked cell phone service at some stations to prevent communication between protesters that only aggravated their anger. >>> the fbi says it's taking a threat against david letterman seriously. a jihadist website said letterman should be killed and his tongue cut out. the late show fun
the unemployment is unconscionable. we don't know what the strategy is. we don't know why on this trip that he's in the united states now he's not in any black community. we don't know that. >> i'll be talking live with congresswoman waters next hour right here in the newsroom. >>> the university of miami promises to cooperate with an ncaa investigation into hurricane's football former booster shapiro claims he gave improper gifts to 72 players, including cash, nightclub outings,...
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Aug 19, 2011
08/11
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KOFY
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eye 513
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among the bad news today, california's unemployment rate is up. the labor department says the rate climbed .2 of a per sent in july to 13%. employers added 4,500 new jobs last month and the state has the second highest jobless rate in the nation behind nevada. here is how the unemployment breaks down across the bay area. marin county has the lowest unemployment rate in the entire state. at 8%. san mateo county is 8.7. san francisco is at 9%. solano county has the highest local unemployment rate at 12.2%. in the tough economic times dozens are graduating from a program in richmond specifically designed to train a green workforce that comes from challenged backgrounds. letter lerlt's nick smith is live at the training center in richmond. nick? >> reporter: good morning. today's ceremony is designed to do two things. recognize accomplishment of graduating class and find jobs for men and women part of a community that has been hart hid by unemployment. the city of richmond provides training for clean and renewable industries and it serves to serve the
among the bad news today, california's unemployment rate is up. the labor department says the rate climbed .2 of a per sent in july to 13%. employers added 4,500 new jobs last month and the state has the second highest jobless rate in the nation behind nevada. here is how the unemployment breaks down across the bay area. marin county has the lowest unemployment rate in the entire state. at 8%. san mateo county is 8.7. san francisco is at 9%. solano county has the highest local unemployment rate...
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Aug 9, 2011
08/11
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CSPAN2
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the african-american american is 16% unemployment rate. state unemployment rate. what's the alternative? it's that we don't do anything, and i'm an optimist. you always have to get up to the morning and do something. >> i would add, i know i wasn't going to say anything, but i'm going to say something. >> okay. >> you know, voting is, i mean, it's the franchise people fought and died for the right to vote, you being a young person. you know, young people by and large, they don't vote, and the idea that so many of you came out in 2008 to help put this man in office was up spiring. come 2010 like everybody else, folks didn't show up again. voting is -- it's an activity. you have to keep going back to the polls even when the marquee person isn't on the ballot. if there are people within the party that you care about or people on the ballot that you care about, you and your friends and your generation have to show up. that's the way you get your voice heard. that's the way you stay involved, and while it might seem like nobody's paying attention because probably they'
the african-american american is 16% unemployment rate. state unemployment rate. what's the alternative? it's that we don't do anything, and i'm an optimist. you always have to get up to the morning and do something. >> i would add, i know i wasn't going to say anything, but i'm going to say something. >> okay. >> you know, voting is, i mean, it's the franchise people fought and died for the right to vote, you being a young person. you know, young people by and large, they...
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Aug 16, 2011
08/11
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CNNW
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>> unemployment will do a lot to people.here in detroit we're running into people who are frustrated and angry over their circumstances. and are less than enthusiastic as we're entering into this next season of high stakes politics. but what i'm saying to them is, look, barack obama may not have lived up to your expectations, but my goodness, there's no question that he's going to try to support your expectations infinitely, greater than any of those announced who are running on the republican side. >> so pick it up right. there 67% president obama received among latinos. you could look at the electoral college map and look at new mexico and nevada and florida and you could say those are critical voters to the president. if the election was tomorrow, would he get enthusiastic turnout? absolutely not and absolutely not. and that's not our fault. 250,000 members and all the petitioner signers are actually trying to help president obama do the right thing and win his election by not alienating us. you'll lose millions of votes
>> unemployment will do a lot to people.here in detroit we're running into people who are frustrated and angry over their circumstances. and are less than enthusiastic as we're entering into this next season of high stakes politics. but what i'm saying to them is, look, barack obama may not have lived up to your expectations, but my goodness, there's no question that he's going to try to support your expectations infinitely, greater than any of those announced who are running on the...