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Can Obama Run With Current Jobs, GDP Numbers?
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Mary Anne Marsh of the Dewey Square Group breaks down the latest jobs and economic figures.
- Duration 3:01
- Date May 31, 2012
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Mary Anne Marsh of the Dewey Square Group breaks down the latest jobs and economic figures.
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Let's get back in the economy -- the company is Democrat strategist -- on March with the Dewey square group.
Primary and I got him a look -- what I'm calling very bad numbers out this morning.
More people make what what they off many years your -- but -- these about numbness.
We're in the 1% growth rate range for the economy.
More people claiming unemployment benefits.
61000.
Layoffs up 50%.
This bad news on the economy it's bad news on jobs.
I want to know what your responses house the president gonna spend it's.
-- -- -- -- -- -- -- So something -- nothing.
And I think the numbers that are really gonna matter our September and October.
So may June July and August are big skirmish back and forth like the poll numbers I think you're gonna see economic indicators go up and down as well.
But when it really settles in is after the conventions after Labor Day September and October those -- the numbers how.
But that -- you know that you could see the unemployment rate go off.
Before the election it's eight point 1% now if you don't get a couple 100000 people drop out of the -- -- you can't count them.
You could well see the unemployment rate go up from where it is now -- that would be a big negative wouldn't it.
It could go down true and I mean -- it we believe it would drop out of Iowa and that's a sign of -- -- it.
If you got that a million people drop out of the -- was you'll get a sudden descent -- but that's a sign of misery not success.
Look we can debate this all day long.
Here's the choice whether Mitt Romney can do a better job than Barack Obama that's going to be the debate and that's where -- you're gonna have an argument across the board.
-- Mitt Romney's tenure as governor of Massachusetts as well as his time at -- that's the debate that's gonna happen correct.
And I know that you are committed Democrat but I also know that you are -- moderate Democrat.
And I don't think you really wanna get into a discussion of the president's record on the economy.
Vs Mitt Romney's ideas for getting private sector job growth going do you.
No actually I do as someone who lived in Massachusetts most of my life and lived here -- the whole time Mitt Romney.
Was governor there's plenty to talk about there and I think that's for people are missing.
But the boat here is when you look -- when Mitt Romney was in Massachusetts.
-- let's go back -- the presidential campaign will be determined by independent voters independent voters in the polls care as much about the deficit.
As they do the economy and jobs specifically this -- SE a huge debate starting today.
And so let me advance the story a little -- starting today.
About how much how many of the deficits that Mitt Romney ran up here in Massachusetts when he was -- -- even though unemployment you're out of what everybody else you gonna -- low deficit.
-- Massachusetts years ago vs the deficit at the national level from Obama yeah ended this year.
Five trillion dollars after that you'll do you have yet okay we'll have that actually here's why I got your excitement and I don't know that I have been mad gotta go -- Thomas I know will always on the time constraint -- -- -- and I am a heck was I consider the.