Obama working a snow job over employment numbers?
By JR Hoeft | Thursday, March 4th, 2010 | PolicyLooks like the White House is getting to blame last month’s blizzards on for this month’s poor job numbers…according to the Republican Leader John Boehner’s web site:
With the recent February blizzard still fresh in our minds, some people, most notably National Economic Council (NEC) director Larry Summers, have suggested that the poor weather will take a toll on the February job numbers, out on March 5 from the Labor Department. In particular, Goldman-Sachs has looked at data on the job effects of a storm in early January, 1996, which pushed about 200,000 jobs into future months, and postulated that the similar effects will be seen in the February jobs data.
I guess we’re not quite done shoveling after all.
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Conservative to the core; liberal with his opinion! J.R. has been involved in politics for over a decade and has worked on several campaigns in Hampton Roads. He has served on the Executive Committee of the Republican Party of Chesapeake and the Central Committee of the Republican Party of Virginia. He is also the director of “Blogs United” in Virginia. E-mail J.R.. Follow J.R. on Twitter.
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5 Responses to "Obama working a snow job over employment numbers?"
there is some truth to this… i wouldnt go ahead and start calling this an excuse, because march will likley have a bump up on the other end and when the admin is boasting about that, it is going to be politically helpful to be able to correctly say it was due to the storm.
With that said though, we are likely on the verge of beginning employment gains. The problem is they are just liekly going to be modest through this year and not enough to really drive down unemployment. Expect the unemployment rate to be somewhere between 9.2 and 9.8 percent come election time.
Ah, but EJ, you know he wants it both ways.
He wants to be able to say that a Feb drop was NOT caused by the weather bu that a March inrease WAS.
I think your call on it is prety solid.
BTW, JR, you say the White House is getting ready to blame last month’s blizzard on the poor job numbers….?
You meant the reverse, right?
Because if high unemployment CAUSES wacky weather, we could be in for a rough year.
See…this is why I both love and hate blogging.
You know it’s real because I make mistakes and we can have a dialogue about not only the mistakes but the topic itself.
However, at the same time, I make mistakes and have no one to back me up…so it’s kind of embarrassing.
Thanks for the heads up – I’ll make the appropriate changes.
The jobs that were lost because of the back to back blizzards were already on the edge of the cliff. The weather just pushed them over. I know. My oldest son’s company he worked for in Fairfax was having money problems for months, (home improvement company). Not being able to work for two weeks did the company in. They are now officially out of business. My son now works for another company. Thank God he was able to find work right away.
“Because if high unemployment CAUSES wacky weather, we could be in for a rough year.” LOL that was really good. It’s ok J.R., it wasn’t you. They probably WILL blame the weather on high unemployment. They’re running out of other things to blame it on!
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