The Hill reports that Speaker Pelosi acknowledges: "We all know that not enough has been accomplished," Pelosi added. "We need many, many more jobs." What the Speaker conveniently left out is that while she has served as Speaker for the last four years & Democrats have had complete control of Washington for two, they have failed to focus on jobs and in the process made it harder for businesses to expand and grow. Now that the chickens are coming home to roost, the Speaker thinks that she can simply say the word 'jobs' and all will be well. Well, Speaker Pelosi has tried that before and now even the Democrats' base appears ready to jump ship. A new CBS News poll out this morning, now shows one in three Democrats are prepared to vote against the Obama/Pelosi/Reid agenda. That's astounding.
Now on to the news …
AGENDA WATCH: Americans Are Continuing To Reject The Obama/Pelosi Agenda Because It Hasn't Focused On Jobs
1 In 3 Democrats Say They Are Prepared To Vote Against President Obama's Agenda. Only two-thirds of Democrats who voted for President Obama in 2008 say they'll vote for one of his fellow Democrats in 2010. The biggest erosion of support is among independents; just 42 percent of Obama's 2008 independent voters say they'll support a Democrat this year. CBS News
Speaker Pelosi Acknowledges The Democrats' Failure To Focus On Jobs. "We all know that not enough has been accomplished," Pelosi added. "We need many, many more jobs." The Hill
Herbert: Democrats Always Had Something To Focus On Other Then What Americans Wanted …Jobs. Employment never seemed to be the top priority. What ordinary voters see is an economy that is not working for them and an increasingly dismal outlook for their children. From that perspective, the enormous budget deficits don't seem to be providing much of a tangible return. … Democrats are in trouble because they have not been nearly aggressive enough in confronting this profound economic crisis facing so many millions of ordinary Americans. The New York Times
Change … Only 16% Of Obama Voters Believe In. The one-word slogan that defined candidate Obama's campaign, "change" has been hard to come by, according to those surveyed. Just 16 percent of Obama voters believe he has brought significant change to the way Washington works. Almost half (48 percent) of independents say he's brought little change, or none at all. CBS News
THE ECONOMY: Democrats Are Rethinking Their Economic Beliefs As Keynesian Economics Fails To Get The Economy Back On Track
Keynesian Economics On The Ropes? Democrats Distance Themselves From The Stimulus. For decades, Keynesian policies, which call for government spending to make up for the shortfall in private-sector demand during an economic downturn, have been a central element of the Democratic tool kit and a principle of the party's identity. But the unpopularity of the stimulus package signed into law by President Obama has left many Democrats in competitive races distancing themselves from such programs, raising questions about whether the party is beginning a more fundamental rethinking of its approach to the economy. The New York Times
$814 Billion Spent Yet Unemployment Is Expected To Rise. Gallup on Monday predicted that the government's unemployment rate report for October will be between 9.7 and 9.9 percent when it is released on Nov. 5. Unemployment for September was 9.6 percent. The Hill
HEALTH CARE UPDATE: More Americans Are Forced To Pay Higher Rates For Their Health Care Due To ObamaCare
Fallout: Roughly 90,000 Boeing Employees Will Pay Higher Prices For Insurance. Responding to what it says are rapidly rising costs, including some as a result of the new health-care bill, Boeing Co. plans to increase the price of employee health insurance for its non-union workforce over the next few years. In a letter sent to the roughly 90,000 affected employees on Oct. 14 by Rick Stephens, Boeing's senior vice president for human resources, the company lays out a plan that will phase in higher employee costs for deductibles, co-payments and co-insurance during 2011. In 2012, the letter says, employees under a certain type of plan will see their coinsurance payments go from 10% to 20% up to the out-of-pocket maximum. … "The newly enacted health care reform legislation, while intended to expand access to care for millions of uninsured Americans, is also adding cost pressure as requirements of the new law are phased in over the next several years," he wrote. The Wall Street Journal
WHAT TO WATCH
Thiessen: Who's Funding The Democrats' Ads? … it's time for the Democrats to start answering the same charges that they leveled against the Chamber and American Crossroads with such abandon. Is organized labor using foreign money to elect Democrats this November? To paraphrase the president, they could be — we just don't know. The Washington Post
Fund: Speaking of Foreign Money, What About Obama's? The Wall Street Journal
Democrats' Grip On The South Continues To Slip … The New York Times
99 Problems … Politico
IN OTHER NEWS
- Upton: Declaring War On The Regulatory State
- CNN: U.S. Finalizing Aid Package To Help Pakistan Fight Extremists
- Ignatius: Petraeus Rewrites The Playbook In Afghanistan
- Scarborough: Desperate Obama Tries Demogoguery
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