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Jewish World Review
Oct. 8 2012/ 22 Tishrei, 5773
The October Surprise
Looks like we just got the October Surprise. The unemployment rate dropped below 8 percent. It's down to 7.8.
Normally, that number would be considered terrible news for any incumbent seeking re-election. But compared to 10, 9, or 8 percent … anything starting with a 7 looks good by comparison, especially this close to Election Day.
So, in this cynical age in which we live, the new number raises a question: Is it real or was it rigged by Mr. Obama's henchmen to take the stench off of his debate performance? No less a giant in the world of business and a widely respected one at that than former GE CEO Jack Welch tweeted this:
"Unbelievable job numbers..these Chicago guys will do anything..can't debate so change numbers."
Yes, Welch supports Mitt Romney and is no fan of Barack Obama, but still … this isn't some right-wing screwball roaming the dark corners of the Internet. This is JACK WELCH.
So let's take a look at the numbers:
Without sinking too deep in the weeds, there are two ways to measure employment and unemployment the Household Survey and the Establishment Survey.
Total employment as measured by the Household Survey rose by 873,000 in September, the biggest jump since June 1983. But the Establishment survey rose by only 114,000 in September.
So if you're selling old toasters and combs on eBay because you haven't been able to find a real job for the past year and a half … you're considered employed.
That doesn't mean Jack Welch is right, that the numbers were rigged, but it does mean unemployment is a lot worse than the 7.8 number indicates.
But don't expect too much nuance or honesty from President Obama's most loyal supporters … so-called mainstream journalists. They will do PR for him and put the most favorable Obama spin on the new number. I won't be shocked if I see a headline that screams "Economy Roars, Recovery Arrives, Just in Time for the Election"
As for Team Obama, they have already embarked on their post-debate strategy. One day after the debacle in Denver, Mr. Obama's political hit man David Axelrod summoned reporters to a conference call and said Romney is a liar who will say anything to get elected. That was supposed to explain why Romney came off as the winner. It's not that Romney performed better, or that he had better arguments, or that President Obama's answer to every question was more government. No, Romney was a liar. That's why it looked like he did well.
Yes, it's pathetic. But reporters will be fact-checking every syllable Romney utters from here on out to confirm that he is indeed a liar. If Romney tells supporters, "I'm glad to be here with you in Ohio today," the press corps will investigate.
But I suspect we only witnessed the first October Surprise. The other one, I think, will be coming very soon. It will be a drone that hits the terrorists who killed our ambassador and three others in Libya. I'm all for drones that kill terrorists. But when Axelrod said Mitt Romney will do anything to get elected, this was a psychological slip. He was really talking about Barack Obama.
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JWR contributor Bernard Goldberg, the television news reporter and author of several bestselling books, among them, Bias, a New York Times number one bestseller about how the media distort the news. He is widely seen as one of the most original writers and thinkers in broadcast journalism. Mr. Goldberg covered stories all over the world for CBS News and has won 10 Emmy awards for excellence in journalism. He now reports for the widely acclaimed HBO broadcast Real Sports.
He is a graduate of Rutgers University, New Brunswick, New Jersey and a member of the school's Hall of Distinguished Alumni and proprietor of BernardGoldberg.com.
• 10/04/12: Civil War in the GOP Could Go Nuclear on Nov 7
• 10/01/12: Even If He Wins, Obama Will Lose
• 09/27/12: Obama Picks Up a Crucial Demographic
• 09/26/12: If Obama Thinks He Inherited a Mess Four Years Ago . . .
• 09/24/12: A Good Way to Kill Free Speech
• 08/30/12: Facts I Have Uncovered About the Real Mitt Romney
• 08/23/12: Hope and Change, R.I.P.s
• 08/16/12: Who's Smarter: Joe Biden or Yogi Berra?
• 08/13/12: His Silence Makes Him Complicit
• 08/07/12: Did You Know that Harry Reid Got Rich Pimping Out HOs?
• 08/02/12: Like Birds on a Telephone Wire
• 07/30/12: What Me Worry? YES!
• 07/26/27: The Mystery Continues --- A Tale of Two Polls
• 07/16/27: We've Set a Low Bar for 'Courage'
• 07/11/27: Will Class Warfare Work?
• 07/09/27: A Brave New World
• 07/02/27: Now the Fun Really Starts
• 06/19/27: You Can't Make This Stuff Up . . .
• 06/19/12: I Would Have Fired Him Before He Got Back to the Office
• 06/12/12: Time to Crush the Myth about Gender Pay Inequality
• 06/06/12: The Desperate Campaign of Barack Obama
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• 05/22/12: The X Factor(s)!
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• 04/25/12: Why Media Bias Matters
• 04/17/12: NYT: At It Again
• 04/13/12: Kissing up to the Rev. Al
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• 03/27/12: Trayvon Martin and Media Hypocrisy
• 03/26/12: Time to Go, Rick
• 03/22/12: Obama's Mantra: Don't Blame Me
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• 03/13/12: Bias in the News: Blame it on Their Zip Code
• 03/06/12: Thank Heaven for Rich People --- a Second Look
• 02/29/12: Some Free Advice for the Republican Field
• 02/28/12: Do We Have a Right to Lie?
• 02/16/12: Can Obama Win Re-Election by Promising Free Stuff?
• 02/06/12: The 5 Stages of Mitt
• 02/02/12: Florida Has Spoken; Cue the Fat Lady
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• 01/26/12: They See Racists Everywhere . . .
• 01/24/12: The Arrogant and Clueless Mainstream Media
• 01/23/12: Gingrich Wins SC --- Media Help Big Time
• 01/18/12: A New Entry for 100 People Who Are Screwing Up America
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• 01/11/12: Now 'Anybody But Romney' Has a Name
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• 12/20/11: NBC News, the KKK and the State of Journalism
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• 12/06/11: Did the Media Play Fair with Herman Cain?
• 12/05/11: Obama to Blue-Collar America: Adios!
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• 10/25/11: A Response to the Angry Purists
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• 10/12/11: Read This!!! --- But Only If You Have Nothing Better To Do
• 10/04/11: Can Obama Win Re-Election?
• 09/27/11: It's NOT the Economy Stupid, It's Theology
• 09/20/11: Bad News on the Doorstep
• 09/09/11: Hypocrisy!
• 09/06/11: Back to the Future
• 08/24/11: Hillary vs. Obama in 2012? It'll Never Happen --- I Don't Think
• 08/22/11: Warning: Conservatives May Be Harmful to Your Mental Health
• 08/17/11: Warren Buffett, Coddled Billionaire
• 08/11/11: Too Much Balance in the Media?
• 08/04/11: All Aboard the Crazy Train
• 08/01/11: Liberal Hate Speech
• 07/25/11: With All Due Respect, Go Fly a Kite
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• 07/06/11: Standards and Double Standards at MSNBC
• 06/29/11: Is Jon Stewart A Racist?
• 06/21/11: Let's Play the Race Card --- Just for Fun Of Course
• 06/20/11: Sarah Palin and Weiner's Weiner
• 06/03/11: Memo to GOP: Turn Mr. Obama into Mr. Yesterday
• 05/20/11: I Get Letters From People Who Should Be Locked Up
• 05/09/11: Is Torture Ever Justified?
• 05/02/11: The Promiscuous Use of the R Word
• 04/19/11: The Man Behind the Million Dollar Smile
• 04/12/11: What's the Difference Between Libs in Politics and Libs in the Media?
• 04/08/11: An Idea Whose Time Has Come and Gone
• 03/28/11: The Pundits Are Driving Me Crazy --- And You Thought Qadaffi Is Nuts
• 03/14/11: No Liberal Bias at NPR Just Ask NPR
• 03/10/11: The media's frustration
• 03/01/11: Progressives Lost in Time . . .
• 02/23/11: The Lamestreams Strike Again --- This Time in Madison
• 02/03/11: You MUST Own a Gun --- Or Else!
• 01/20/11: It Was Horrible, I tell you … HORRIBLE!
• 01/11/11: Here We Go Again . . .
• 01/06/11: You Go, Oprah
• 12/28/10: A Year-Ender --- The MSM and Obama's Fall from Grace
• 12/14/10: Thank Heaven for Rich People
• 12/02/10: The Phony Nobility of Wikileaks
© 2011, Bernard Goldberg