As I was searching for an article to post about I came across one that seems to talk more about the economy rather than the politics of the economy.
What I mean is when I read this article and saw the quotes from Ben Bernake and and Randall Kroszner I was left with more questions than answers.
This article stimulated my mind to think and ask more questions about the economy. My thinking is this : the federal reserve is a , for lack of a better phrase, federally run money reserve. However when I read the article it lead me to believe that it is an independent part of the federal government which can make decisions on its own. It reminded me of the power of a supreme court justice, who is a person of the federally court, however they are not influenced by politics.
http://www.nytimes.com/2012/09/12/business/economy/history-repeats-as-fed-is-expected-to-announce-economic-stimulus.html?_r=1&ref=politics
The point I am trying to get at , is if this is the case then who can we really blame for the state of the economy ? If we cannot blame Obama and we can blame the Bernake administration , then isn't Mitt's argument essentially irrelevant?
When I read Ms. Blatteau's article on the bounce of Obama's ratings after the job report , I read in the article how the report could essentially be unclear.
The degree of uncertainty in measuring jobs is underscored by the difference between the government’s report, which showed that 103,000 private-sector jobs were created July, and a separate report released on Thursday by the firm ADP Employer Services, which had 201,000 private-sector jobs added instead.
So what does this mean ?
As I said I was left with more questions than answers.
To tie it all together what I am trying to say is the fact that the Federal Reserve ,( which I believe controls a lot of our money, I could be wrong) is an independent sector means a lot in terms of people saying that Obama isn't doing enough passing of financial bills (or senate or the house isn't). Then when the jobs repot came out, it seems something went wrong.
It seems like something is going wrong !
To answer the questions posed from Ms. Blatteau :
It seems as if the latest job report did not effect his ratings at all ! In a weird way it seems like they may have went up , a considerable amount, an amount larger than what was already calculated.
When people want to find information about a candiate they should do as much non-media research as they want. By that I mean use factcheck.com, or go and look at how they voted, or what their numbers of success were during the time they held an office. What went wrong ? What was good ? What did they vote on that you didn't like. It's never good to vote off what you hear on ANY news channel or station ! ( even NPR! ) You have to be the one to make your own choice on who you feel has the same values as you
I am so very sorry if this article is confusing , I wasn't and am not really sure of what to make of this but i feel as if it should be shared with the class.
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