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Dobbs: Government Needs to Take Care of Business and Our People

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  • Description

    FBN's Lou Dobbs breaks down the issues with job creation.

  • Duration 4:35
  • Date

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-- -- -- Alright well let's talk about the jobs market private sector hiring -- this morning has slowed according to eighty -- April numbers private survey -- 1191000.

Private sector jobs compared with the expectation up.

177000.

These numbers will be compared with those released by the government on Friday.

That's the biggie of course so does this week jobs report make the -- situation in this country issue number one for the upcoming presidential election.

We dobbs joins us now with his thoughts of the forward it's the politics of at all there's good afternoon of course.

Does he can't even have the capacity to create enough new jobs to bring us back to full employment it's just month after month it's more concerning.

-- -- when we look at the expectation.

The idea that we're you know we're gonna get excited about a 170000.

Jobs.

A labor force and access arguably 150 million.

Jobs that should be you know they should be the full labor force we've got labor force partition participation rates over the past year that are abysmal.

We we have to understand that something's going on in this economy that are best politicians are best political leaders state federal.

And local.

-- -- are our best second emissions are not grappling with and do not understand.

We have talked about over the course of the past decade outsourcing of jobs we have talked about -- offshoring of production.

We have talked about the efficiencies that in productivity that is generated by technology.

But there is no broad understanding of the implications of each of those those very important issues on job creation.

Is so I -- -- I think one of the very problems is it's it's issue number one job creation.

Because it's fundamental to the American dream it's fundamental to the middle class in this country it's fundamental to everything the stations about and -- this president.

Norfolk and frankly governor Romney are talking with the depth.

And the breath that they should on this issue and it's a global problem while the -- with the global problem.

I forgive me for saying that much I just really don't.

We've got understand some in this country if we cannot manage our own public policy if we cannot drive our own economy.

We have no business talking to the Chinese about the R&B -- -- we have no -- business talking to the European Union about what they're doing with the ECB.

I'm so sick of the little international programs are in it's -- -- to going we need to take care of business and our people.

What's -- resonate with the general public.

-- Democrats and Obama saying hey we've had slow but steady improvement over the last year -- so.

These jobs market in the overall economy and or you know can the Republicans say hey this is the worst recovery or recession that we've had ever.

What will not resonate.

I think it is the best way to approach this -- at least in my opinion what will not resonate with voters -- more BS.

-- more posture.

This business of a president who likes to bound up on the stage.

And then blithely.

-- platitudes.

The idea that the Republicans get up and talk about cutting and taxation and regulation again.

Is there only response to these critical painful personal.

Our personal stories that happen to make up 23 million people unemployed and underemployed.

That has to become the subject and focus and target of real public policy and real debate between these two candidates for the -- highest office in Milan.

I'm sort of mentioned.

No I mean how do you articulate the message properly -- I mean that's the real problem is -- have the space and that runny nose.

How to create jobs indeed he told him so -- we didn't you know America.

And should have faith in either of these guys that isn't America we should have the highest level of skepticism about these two men.

We should this president his has had an abysmal record on the economy.

Mitt Romney is untested and untried at the national -- Whatever he says should be met skeptically and tested in that in the public arena of ideas.

There should be no faith on anyone's -- about answers that are given.

They should all be tested they should all be debated.

Stay skeptical I don't need to know.

You're gonna go but I do I mean I normally don't below thank you thank you apologies for the abrupt interruption but run it.

Very well yeah our time I want you to roll off the -- that and we will certainly be sure to stop and -- of course 7 in 10 o'clock eastern tonight -- talks about fed officials.

Warning the economy is headed for a fiscal -- lift by year's end.

Are they call -- well you have to watch.

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