{"id":25976,"date":"2012-02-02T12:48:46","date_gmt":"2012-02-02T19:48:46","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2012\/02\/02\/its-all-about-the-jobs-stupid.html"},"modified":"2012-02-02T17:19:46","modified_gmt":"2012-02-03T00:19:46","slug":"its-all-about-the-jobs-stupid","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2012\/02\/02\/its-all-about-the-jobs-stupid.html","title":{"rendered":"It&#39;s all about the jobs, stupid"},"content":{"rendered":"<p>Except when it&#39;s not.  <\/p>\n<p>1. Unemployment is improving, is still high and sinking too slowly.<br \/>2. The GOP mercilessly lambastes the Obama Administration for high unemployment.<br \/>3. The Fed is tasked by Congress to (a) manage inflation and (b) reduce unemployment.<br \/>4. The Fed says that sometimes it might be necessary to prioritize (b) a bit over (a).<br \/>5. The GOP mercilessly lambastes the Fed for prioritizing (b).<\/p>\n<p>Have I got that right?<\/p>\n<p>(Note: I am not an unabashed Bernanke fan. I just find the juxtaposition &#8230; amusing.)  #ddtb<\/p>\n<p style='clear:both;'>\n<p style='margin-bottom:5px;'><strong>Embedded Link<\/strong><\/p>\n<div style='height:120px;width:120px;overflow:hidden;float:left;margin-top:0px;padding-top:0px;margin-right:10px;vertical-align:top;text-align:center;clear:both;'>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img style='max-width:none;' src='http:\/\/images0-focus-opensocial.googleusercontent.com\/gadgets\/proxy?container=focus&#038;gadget=a&#038;resize_h=100&#038;url=http%3A%2F%2Fgraphics8.nytimes.com%2Fimages%2F2012%2F02%2F03%2Fbusiness%2F03fed-span%2F03fed-span-articleLarge.jpg' border='0' \/>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a href='http:\/\/www.nytimes.com\/2012\/02\/03\/business\/economy\/fed-chief-focuses-anew-on-us-debt.html?hp'>Bernanke Takes Heat From Republicans<\/a><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\tIn testimony before a Congressional committee, Ben S. Bernanke defended the Federal Reserve against G.O.P. accusations that its policies could allow higher inflation.\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p style='clear:both;'>\n","protected":false},"excerpt":{"rendered":"<p>Except when it&#39;s not. 1. Unemployment is improving, is still high and sinking too slowly.2. The GOP mercilessly lambastes the Obama Administration for high unemployment.3. The Fed is tasked by Congress to (a) manage inflation and (b) reduce unemployment.4. The Fed says that sometimes it might be necessary to prioritize (b) a bit over (a).5. &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2012\/02\/02\/its-all-about-the-jobs-stupid.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;It&#39;s all about the jobs, stupid&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,77,9],"tags":[107],"class_list":["post-25976","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-economy","category-politics-law","tag-ddtb"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":24323,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/12\/07\/certainty-for-me-but-not-for-thee.html","url_meta":{"origin":25976,"position":0},"title":"Certainty for Me But Not for Thee","author":"***Dave","date":"Wed 7-Dec-11 4:55pm","format":false,"excerpt":"The GOP regularly lambastes the Dems in general and the Federal Government in particular for not giving businesses \"certainty\" in legal and tax and regulatory area. Yet Mitt Romney seems to have no concerns about \"certainty\" for poor elderly and their medical care. Not only does he want to replace\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29049,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/08\/06\/religious-right-lambastes-romney-for-not-getting-involved-the-chick-fil-a-kerfuf.html","url_meta":{"origin":25976,"position":1},"title":"Religious Right lambastes Romney for not getting involved the Chick-fil-A kerfuf&#8230;","author":"***Dave","date":"Mon 6-Aug-12 4:22pm","format":false,"excerpt":"Religious Right lambastes Romney for not getting involved the Chick-fil-A kerfuffleOh, that this would actually weaken social conservative support for Romney. \u00a0Seems doubtful it will, though, since, no matter how namby-pamby and questionable and not-really-Christian he is in their eyes, he's still not That Man Who's In The White House\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24594,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/12\/16\/you-mean-the-unemployed-arent-all-lazy-shiftless-bums.html","url_meta":{"origin":25976,"position":2},"title":"You mean the Unemployed aren&#39;t all lazy, shiftless bums?","author":"***Dave","date":"Fri 16-Dec-11 9:48am","format":false,"excerpt":"I mean, if you listen to the GOP field of presidential candidates (not to mention the GOP congressional leadership, the punditry from the Right, and the talking heads at Fox News), all those folks without jobs are living high on the hog, enjoying their oh-so-generous unemployment checks and catching up\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24502,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/12\/13\/i-wonder-what-newt-will-think-of-these-traditional-moral-values.html","url_meta":{"origin":25976,"position":3},"title":"I wonder what Newt will think of these traditional moral values","author":"***Dave","date":"Tue 13-Dec-11 1:35pm","format":false,"excerpt":"Say what you will about the Catholic Church, they have a long tradition of teaching economic justice. The \"Prosperty Gospel\" and \"Jesus would cut taxes\" here.Of course, I don't expect it to influence Newt, nor any of the Congressional GOP. But one can always hope. #ddtb Embedded Link Catholic Bishops\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28588,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/07\/15\/public-pensions-and-political-speech.html","url_meta":{"origin":25976,"position":4},"title":"Public Pensions and Political Speech","author":"***Dave","date":"Sun 15-Jul-12 11:35am","format":false,"excerpt":"The GOP continually lambastes unions for collecting dues from employee members and then using them for political purposes without those union members having a say. \u00a0But Citizens United means that public pension plans, paid into by public employees and invested into corporations, are providing significant money to let corporations \"speak\"\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24712,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/12\/21\/did-the-gop-suddenly-lose-a-big-gamble-in-its-bet-the-farm-political-poker-match.html","url_meta":{"origin":25976,"position":5},"title":"Did the GOP suddenly lose a big gamble in its bet-the-farm political poker match&#8230;","author":"***Dave","date":"Wed 21-Dec-11 1:55pm","format":false,"excerpt":"Did the GOP suddenly lose a big gamble in its bet-the-farm political poker match?I dunno. They've done plenty of zany things before, and have gotten away with it. But, on the other hand, the Dems (finally, praise the Maker) didn't cave on this one -- in fact, they went big\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/25976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=25976"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/25976\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=25976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=25976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=25976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}