The Romney campaign has released another new web video, "Jolt." The new video drives home Romney's point that President Obama is out of touch. It does so by showing highlights from news broadcasts about the lousy May jobs report released a week ago juxtaposed with Obama saying the "the private sector is doing fine.":
- Diane Sawyer, ABC News: “Tonight on World News: Jobs Jolt, the worst jobs number in a year.” (ABC’s “World News,” 6/1/12)
- Mika Brzezinski, MSNBC: “May jobs report just came out and the numbers are not good.” (MSNBC’s “Morning Joe,” 6/1/12)
- Ashley Morrison, CBS Moneywatch: “Investors react to May’s dismal jobs report.” (CBS’s “CBS Moneywatch Update,” 6/1/12)
- Brian Shachtman, CNBC: “Unemployment rate up to 8.2 percent.” (MSNBC’s “Morning Joe,” 6/1/12)
- Hampton Pearson, CNBC: “The jobs losses: construction—huge—down 28,000.” (CNBC’s “Squawk Box,” 6/1/12)
- Brian Shachtman: “69,000 is way down.” (MSNBC’s “Morning Joe,” 6/1/12)
- Joshua Green, Bloomberg: “We added 300,000 more long-term unemployed.” (MSNBC’s “Morning Joe,” 6/1/12)
- Richard Woleffe, MSNBC: “A tragedy for people out there who are still looking for work.” (MSNBC’s “Morning Joe,” 6/1/12)
- Brian Shachtman: “Just a bad, bad number.” (MSNBC’s “Morning Joe,” 6/1/12)
- Pearson: “But overall here, nowhere to really hide given this report.” (CNBC’s “Squawk Box,” 6/1/12)
Watch the "Jolt" video:
Obama made an epic mistake when he said the private sector is doing fine. His clarification, "Listen, it is absolutely clear that the economy is not doing fine. That's the reason I had the press conference," did little to correct the mistake.
The Romney campaign has been all over Obama's "doing fine" comment from the moment he said. And for good reason, it dives home the fact Obama's policies have failed and let down most Americans who understand all too well that the economy is not doing well:
- Since President Obama took office, the nation has lost 552,000 jobs and the unemployment rate has remained above 8 percent for 40 straight months. (Bureau of Labor Statistics, Accessed 6/1/12)
- More than 23.2 million Americans are either unemployed, underemployed or have given up looking for work. (Bureau of Labor Statistics, Accessed 6/1/12)
- More than 49 percent of the population now lives in a household where at least one member receives some type of government benefit.
- Since Obama became president, the number of Americans receiving food stamps has increased 45 percent to a record 46.4 Million.
- Nearly half of the populatiuon, 48 percent, is now considered poor or low-income.
- When asked what Obama had accomplished after three years in office focus group participants "responded with blank stares and silence" and "expressed disappointment with the job Obama has done so far on the economy."
- Sixty six percent say that Obama has either made things "worse" or "not made much difference" with regards to the economic downturn.
Obama must be out of touch to say the Private sector is doing fine. After all, even the White House has "stopped asserting that the economy is healing or recovering."