It's not that Democrats don't "own" the economy, it's that they just don't care 

Ahead of what of today’s report from the Bureau of Labor Statistics (BLS) on the number of jobs created in June, the WH is downplaying the importance of the unemployment rate to Obama’s reelection.

At a Bloomberg breakfast yesterday, Obama’s 2008 campaign manager said this:

“The average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers,” Plouffe said. “People won’t vote based on the unemployment rate, they’re going to vote based on: ‘How do I feel about my own situation? Do I believe the president makes decisions based on me and my family?’”

It’s difficult to imagine that the more 15 million Americans without jobs would say they are better off now than they were four years ago. At the current rate of economic growth, the number of jobs created each month would have to triple the poor numbers BLS is expected to report today.

Mark Zandi, chief economist for Moody’s Analytics, told The Hill the tsunami in Japan and separate conflicts in the Middle East and Libya were to blame for the depressed job numbers so far this year.

But how many more excuses does the Obama administration have for anemic job growth? And whatever happened to the 400,000 jobs that healthcare reform was supposed to create almost immediately last year? Last month’s message from the Democratic Party was that it “owned” the economy, this month’s message seems to be, “It’s not that we don’t own it, it’s that we just don’t care.”

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Staff Report

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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