William Katz:  Urgent Agenda

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HEY, WE'RE RECOVERING - AT 5:30 P.M. ET:  Remember, the economy is in recovery.  Don't let facts confuse you:

WASHINGTON (AP) - Forty-two states lost jobs last month, up from 29 in July, with the biggest net payroll cuts coming in Texas, Michigan, Georgia and Ohio.

The Labor Department also reported Friday that 27 states saw their unemployment rates increase in August, and 14 states and Washington D.C., reported unemployment rates of 10 percent or above.

The report shows jobs remain scarce even as most analysts believe the economy is pulling out of the worst recession since the 1930s. Federal Reserve Chairman Ben Bernanke said earlier this week that the recovery isn't likely to be rapid enough to reduce unemployment for some time.

The jobless rate nationwide is expected to peak above 10 percent next year, from its current 9.7 percent.

COMMENT:  A jobless recovery.  A Democratic politician's nightmare.  How can the Dems - "the party of the people" - go to the voters next year with a 10 percent unemployment rate, and claim recovery?   They can't. 

But the Republicans must have a stated economic policy of their own.  And they must have attractive candidates to present that policy.  Republicans should carry around photos of President Dewey to remind them of what happens when the complete job isn't done.

September 18, 2009