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White House optimistic about jobs

By Matt DeLong

A pair of White House economic advisers made the Easter Sunday show rounds to tout recent gains on the job-creation front.

"A year ago, we were losing 600,000 jobs a month," said Larry Summers, director of the National Economic Council, on ABC's "This Week." "Now the process of job creation has started. We expect that it will accelerate."

During an earlier appearance on CNN's "State of the Union," Summers declined to predict when the nation's unemployment rate might return to a healthier 5 percent. However, "the trend has turned," he said. "But to get back to the surface, we've got a long way to go."

Christina Romer, chair of the White House Council of Economic Advisers, also expressed cautious optimism about the prospects for job creation on NBC's " Meet the Press." "I anticipate that we'll see positive job growth," Romer said. She later added, "It'll be enough to bring the unemployment rate down a little bit."

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By 44 Editor  |  April 4, 2010; 12:06 PM ET
Categories:  44 The Obama Presidency  
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Comments

Where are these jobs they say are here? The census takers do not count, so stop adding them into the jobs.
How can the people afford to go to college, when there is no jobs out there after spending all that money for an education. We are sick of being lied to...We can all see what is going on, and no one in this government or the media is telling the truth

Posted by: peggydlhk | April 5, 2010 6:38 PM | Report abuse

Reading this story made me realize that we need a constitutional amendment that all gov't officials should be required to be hooked up to lie detection equipment when giving interviews. We have the technology.

Posted by: peterg73 | April 5, 2010 1:27 PM | Report abuse

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Posted by: itkonlyyouaa | April 5, 2010 11:10 AM | Report abuse

WELL NOW THE LYING HOUSE SAYS JOBS ARE LOOKING GOOD .
WHEN ARE THEY GOING TO TELL THE TRUTH BECAUSE U6 DATA AND U3 is staying the same (u3 THAT IS ) so this is bogus lies again from the lie house !!!

LOOK AT THE U3 DATA BEFORE YOU SAY A THING !!IF YOU DON'T KNOW WHAT IT IS SHUT UP!!! UNTIL YOU KNOW !!!AND YOU WILL SEE FOR YOURSELF THE CONSTANT LIES COMING FROM THE LIE HOUSE !!!

Posted by: yourmomscalling | April 5, 2010 4:34 AM | Report abuse

The DEMS and Obama had an opportunity and squandered it on a power grab. Instead of spending billions on bailing out companies they should have spend the money on rebuilding the US infrastructure creating hundreds of thousands of jobs and ensuring our future for the next 100 years. Bad move on their part. Well for us anyway.

Posted by: askgees | April 4, 2010 7:07 PM | Report abuse

The reason many (but not all) of these 9.7 million Americans are unemployed is a lack of skills, training, or any other discernible qualities needed in today's workplace. May I suggest going back to school?

(And no, sitting at home watching Fox News and posting whiny comments on websites do NOT constitute "job skills.")

Posted by: aircardinal | April 4, 2010 6:54 PM | Report abuse

Obama is smoking the green shoots again. Anyone who thinks the unemployment numbers are credible also supports the theory Easter Eggs are brought by bunnies.

Posted by: Bubbette1 | April 4, 2010 6:32 PM | Report abuse

You're kidding, right? The Obama administration speaks out both sides of its mouth and, quite frankly, most people are sick of it. Perhaps this explains his falling approval ratings.

On one hand, Obama is quick to take credit for his failed Stimulus Bill at every opportunity. When the numbers are positive, its "look what I did!" And, when the numbers are negative, its "look what Bush did!"

And so Obama continues his double-speaking perpetual campaign mode. Taking credit for "turning the economy around", while simultaneously claiming unemployment rates will continue to be "unacceptably high for the remainder of the year".

While it it accepted that consumer spending is responsible for 70% of our economy, it seems unlikely that sustained levels of spending can continue with such a high unemployment rate.

It is time to stop patting yourself on the back, Obama. Your smug arrogance over the passage of your mandated insurance bill is remarkable, considering the despicable means you had to resort to.

Businesses are afraid to grow or hire new employees, for they can guess that you have more tricks up your sleeve in order to redistribute the wealth. Anyone of reasonable intelligence understands that taxes will skyrocket in order to pay for this massive welfare state you wish to create. Until your spending spree has stopped, and the real costs become apparent, there will be no job growth, and our economy will stagnate for a decade.

You will be long gone by then, and you and Jimmy Carter can sit around and argue over which of you buffoons did the most damage to America.

Posted by: duffmeister | April 4, 2010 5:30 PM | Report abuse

Joe Arpaio
Oscar Goodman
2010

Prosecuted Acorns, House, and Senate in pink underware building an elevated loop monorail down the middle of Interstate 70, then Interstate 80, for their illegal misuse of the public dole.

Priceless.
It allows America to throw aquirrels at them and wave.

Posted by: dottydo | April 4, 2010 5:22 PM | Report abuse

Obama only signatured 'THE GREAT 2010 PREPPERS DEPRESSION VACATION' as the small business all go on sabbatical to watch big business getting beat up by the worst Congress in USA History, because they reported a catastrophic terminal outcome if they implement Obamacare.

No one is willing to earn a dime to pay into such a disasterous outcome for themselves.

Posted by: dottydo | April 4, 2010 5:15 PM | Report abuse

Well gaining at least some jobs is better than losing them rapidly. Nobody really has much of an idea of what the future holds. But the White House can hope that some kind of positive trend is sustained at least until the fall election. Questionable as many of the Democratic economic policies might be, they shine in comparison with anything the Republicans have to offer. From the President's point of view, Republican gains in the fall could have some benefit. If the Republican's have to take some responsibility for their rhetoric, the wreckage they would be likely to create in the next two years could certainly help the President back for a second term.

Posted by: dnjake | April 4, 2010 4:59 PM | Report abuse

Summers and Romer have become mere propagandists now, having utterly failed to make the Obama regime focus on jobs rather than waste 14 months in health care bickering and plotting. Of course, Summers is about to call it quits, and Romer might do so as well. Emanuel and Axelrod will not be far behind, and Obama will be left in the glorious company of Jarrett and Gibbs.

Posted by: suegbic1 | April 4, 2010 4:28 PM | Report abuse

Jobs may start to recover but there isn't a new tech invention on the immediate horizon which will pay good wages.

So the jobs people take will pay less further shrinking the middle class and
lowering the U.S standard of living.

The middle class really got its start after WWII when the U.S. was they only industrial nation left standing after the war.
Here we are 50 years later and the middle class is shrinking faster than anyone could have ever imagined

Posted by: knjincvc | April 4, 2010 4:13 PM | Report abuse

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