Joe Scarborough co-host of MSNBC’s ‘Morning Joe,’ said it best, President Obama’s acceptance speech at the Democratic convention was about nothing, but it was better than Mitt Romney’s nothing speech at the Republican convention in Tampa. The president did what he had to do, since Bill Clinton, Michelle Obama, Joe Biden, Deval Patrick, Julian Castro and others made the case for him.
It should be noted that the jobs report came out this morning and the Obama White House can take some solace in the fact that the unemployment rate continues to fall, though the jobs added were a little weaker than predicted.
The U.S. economy added 96,000 jobs in August, underperforming expectations and representing a big decrease from a more promising July figure, which was revised downward from 163,000 to 141,000. The unemployment rate fell slightly 8.3% to 8.1%.
Among the major worker groups, the unemployment rates for adult men (7.6 percent), adult women (7.3 percent), teenagers (24.6 percent), whites (7.2 percent), blacks (14.1 percent), and Hispanics (10.2 percent) showed little or no change in August. The jobless rate for Asians was 5.9 percent (not seasonally adjusted), little changed from a year earlier. Source
I have always maintained that if Mitt Romney, as weak as he is, can run on the economy, he can give President Obama a tough fight. But people have to make a choice if they stay with Obama or they go with Mitt Romney. The 14.1 percent unemployment in the black community is very troublesome but we know the black vote isn’t up for grabs at this juncture. On that basis, this jobs report won’t do much to change the way most people will vote come November 6.