Page 619 - Doesnt Work News Today

President obama becomes the president reelected with the highs unemployment rate since franklin roosevelt and he promised to reach across the aisle more in his second term. >> whether i earned your vote or not, i have listened to you, i have learned from you, and youve made me a better president. and with your stories and your struggles, i return to the white house more determined and more inspired than ever about the work left to do and the future that lies ahead. [cheers and applause] >> the b...

Who has been leading us, what can be changed? martha: i was struck, though, tucker carlson was here a little while ago an was talking about how the obama campaign was so successful in microtargeting. when you went to the democratic national convention we heard so much about abortion rights and birth control and all of that. a lot of people thought, gee is this really what were talking about in this day and age? and those kinds of issues. and i look at the gop convention, and you had, you know, c...

Clintons second term, america created 23 million new jobs. and incomes were up and poverty was down and we had the biggest surplus in our history instead of deficits. so we know the ideas that we believe na. work. we know that their ideas dent work. for most of the -- we tried what they wanted to do. giving big tax cuts to the wealthiest americans we couldnt afford. we tried giving wall street and the ability to do what they pleased. you know what we got? falling incomes, job deficits, the slowe...

This guy had a lot of coffee this morning. youre fired up. okay. so listen, hold on a second. we have made real progress, but we are here today because we know weve got more work to do. as long as theres a single american who wants a job and cant find one, as long as there are families working harder but falling behind, as long as theres a child anywhere in this country whose languishing in poverty and barred from opportunity, our fight goes on. weve got more work to do. our fight goes on becaus...

Adding more jobs. these are very good things and signs that, while were not anywhere close to where we need to be yet, maybe the economy really is starting to get back into that more green zone than a red zone. >> and, jim, one gray cloud in the economic report, and it is frankly what the republicans are poundsing, is what the republicans call the real unemployment rate, 14.6 of% and it includes, as you know, people who have settled for part-time work, who have stopped looking for work altogethe...

Real recovery so that the next four years are better than the last. well, stocks are lower despite todays better than expected jobs report. cnbcs mandy drury is here with whats moving your money. whats going on, mandy? >> hey there, chris. stocks are now lower, but they did initially tick higher after that report basically showing that employers stepped up their hiring last month 171,000 jobs. and they say hiring was also stronger for the previous months of august and september. the unemployment...

But for good reasons. more people who were discouraged who arent looking for work before are now back looking for jobs. we want to see that. and the overall labor force participation rate is rising. very good thingt. because in a healthy labor market youll see people feel that optimism, hey, if i want a job, i can find one. >> and, jim, the other argument on the republican side is when president bush took office in january, the jobless rate was 7.8%. now its 7.9%, basically unchanged. how do you...

Thank you. well, listen, you know, for the past few days, all of us have been focused on one of the wfrt storms in our lifetimes, in our history. and i just got off the phone with my team, emergency management team and got an update on whats happening in new jersey and new york and connecticut, west virginia where theres a whole lot of snow. you know, as a nation, we mourn those who were lost. you know, you can only imagine what so many families are going through right now. and the message ive s...

Is the recovery is much, much weaker than any recovery weve ever seen. only the george w. bush recovery is on par with this in terms of recovery from a recession for job creation. so what we have here is a situation that is improved from the conditions to the end of the recession. its unquestionably improved. but not improved by enough to be anywhere near where it needs to be for the vast majority of americans who have seen their income stag nate or for the 12 million people who are still lookin...

Theyve gone through the bad ipos, you remember facebooks trading debacle. if simple investors can tolerate -- if you bought at&t stock and it went up and down, youd be comfortable with that. the exchange you trade on, if that doesnt work thats when investors pick up the pennies and put them under their mattress. it was so important for the nyse and nasdaq to know they could ensure complete confidence in investors. its a challenging two days having the market shut down, but for one of the first t...