Friday, July 8, 2011

Horrible June Jobs Numbers



Unemployment ticked up another notch to 9.2% as the June jobs numbers came out today. Only a net of 18,000 jobs on the plus side after a private sector increase of 57,000 jobs. The numbers are being dragged down month after month with a hemorrhaging of public sector jobs. Federal, state and local jobs have decreased by 238,000 in the last eight months alone.

President Obama is making a statement in the Rose Garden today at about 10:35am.

I heard the breaking news on the jobs numbers on Morning Joe and believe it or not, a fascinating conversation took place immediately thereafter; a conversation that probably wouldn't have happened had Joe Scarborough actually been at the table. It took place mainly between Ezra Klein and CNBC's Simon Hobbs, who appeared visibly flustered and frustrated at the political gridlock in Congress. Hobbs was specifically asking, with an ideological opposition, "What can the President do?!"

Finally, someone was seeing the big picture and not just automatically blaming the Obama administration, as Mike Barnicle had initially done before backing off a bit when the adults in the room took over. Video to follow.

UPDATE: Of course, Morning Joe and MSNBC being what it is, have decided to leave the most substantive, straightforward, non-partisan discussion the Morning Joe pundits have ever had off their site. If anyone can find the video of the discussion between Ezra Klein and Simon Hobbs from the final hour of the July 8th broadcast, please leave a link in the comments section. Thanks.

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