Four years ago, Barack Obama vowed he understood our problems and possessed the solutions. With a massive stimulus, he promised unemployment below 5.5 percent by today. If the number of people in the workforce were the same as when he took office the unemployment rate would be nearly 11 percent.
After four long years in office, unemployment is still much higher than the standard he set for himself.
RNC Chairman Reince Priebus reacts to Friday’s BLS job report, in which the national unemployment rate was 7.8 percent in September, down from 8.2 percent in August.
Priebus’s reaction is in line with a new American Crossroads ad, “Actually Happened,” being aired in Colorado, Florida, Iowa, North Carolina, New Hampshire, Nevada, Ohio and Virginia, on which the conservative-backing super PAC spent $11 million, according to Politico.
“Actually Happened” calls out the president for promising to get the U.S. unemployment rate down to 5.5 percent.
On Wednesday, GOP super PAC Restore Our Future launched a $1.2-million ad buy focusing on the national unemployment rate. The PAC points to the Obama administration for the loss in job growth.
The ad claims the real unemployment rate is around 19 percent when those who have stopped looking for work are included; the Bureau of Labor Statistics reports the national unemployment rate at 8.1 percent as of August.
This is the first presidential campaign ad in Michigan since August. Neither of the presidential campaigns has released ads here since February.
The period of time that remains is going to be totally supercharged in terms of fundraising. It’s an absolute blizzard. A tsunami. It’s completely and utterly intense.”
- Democratic lobbyist Larry O’Brian on the flurry of last-minute Congressional fundraising heading into Election Day. Via Roll Call. (via campaignmoney)
On a similar note, a Colorado ballot initiative, Amendment 65, hopes to turn state legislators and future legislation against the Citizens United decision and limit campaign contributions to political races. A campaign to support the amendment has raised $551,700 to date.