Carville: 2012 could be ‘very rough’ for Obama, says civil unrest ‘imminently possible’

http://dailycaller.com/2011/06/06/carville-2012-could-be-very-rough...

Who ever thought the saying, “It’s the economy stupid,” from James Carville in 1992 would become a staple in presidential elections 20 years later?

That expression made its way into the campaign in 2008, and according to Carville, it could be the theme of the 2012 campaign as well as President Barack Obama seeks reelection. In an appearance on Monday’s “Imus in the Morning” on the Fox Business Network, the former Clinton adviser said that, based on the May jobs number, if the unemployment picture doesn’t improve, 2012 could be rough for the president.

“[L]ook, I don’t think anybody — if 54,000 new jobs is the new standard, it’s going to be a very, very rough 2012 for President Obama,” Carville said. “But the three-month average was 160,000. If that is the case, then he will do OK. I can’t tell you what will happen. But yes, if this, if this last jobs number is an indication of future job numbers, it’s going to be very, very rough.”

Carville cited a 2009 book by Carmen M. Reinhart and Kenneth Rogoff called “This Time Is Different: Eight Centuries of Financial Folly.” According to the book, the current economic situation, as with similar crises of this magnitude, will take time to work itself out and there may be little Obama can do.

“It is going to be very difficult,” Carville said. “But the country, if that is what we are doing, this is gruesome on people. This unemployment rate for this long is a humanitarian crisis of the first magnitude. This financial crisis, people have studied this by the way, they know that the things take this long to work their way through. The aftermath of these things — kind of an academic book that is dry entitled ‘This Time is Different.’ What it concluded is that it is not different this time. They studied it, the aftermath of the financial crisis. What we are going through is imminently predictable. But this is a terrible thing that has happened to people’s lives. I think the president at one level understands that, you know. But he is limited in what he can do. So we’ll just have to see. But it’s going to be hard. If 54,000 jobs is the new norm — this is going to be very, very tough. Some people say it just might be one more thing. We don’t know.”

But Carville said the consequences aren’t limited to politics alone. He warned of heightened risk of civil unrest with the bleak economic picture.

“You know, look — this is a humanitarian — you know, you’re smart enough to see this,” Carville said. “People, you know, if it continues, we’re going to start to see civil unrest in this country. I hate to say that, but I think it’s imminently possible.”

MORE>>> Video as well

 

Views: 48

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Sandy posted a video

Civalyze meme

meme ad for a fake drug that would do away with black fatiguecivilyze you're not racist your just exhausted
3 hours ago
Burbia posted a blog post

Is the Timing of Alex Jones and Charlie Sheen Connected?

Alex Jones is sperging out.Charlie Sheen is coming out of the closet.Is this why Alex Jones is…See More
yesterday
Doc Vega posted a blog post

Buying the Last haunted House on the Left (A partial autobiography)

Note to the reader, there are events here that are true and some that are fictional.Chapter IIt was…See More
Friday
Doc Vega posted a blog post

In Memory of Those Who Served

 Bullets flew and ricochetedI was on that hill todayMy Company commander got blown awayI was on…See More
Thursday
Doc Vega posted blog posts
Tuesday
Doc Vega commented on Doc Vega's blog post Plausible Explanation Behind Recent Cryptid Sightings in the Wild!
"cheeki kea I was wrong Emperor Penguins are big and powerful but still alive but this,  A size…"
Tuesday
Doc Vega commented on Doc Vega's blog post Plausible Explanation Behind Recent Cryptid Sightings in the Wild!
"Cheeki kea here's another that they say there have been modern sightings of!  The name of…"
Tuesday
Doc Vega commented on Doc Vega's blog post Plausible Explanation Behind Recent Cryptid Sightings in the Wild!
"cheeki kea, did you ever hear of the giant Imperial Penguins? They were about 6 feet tall and could…"
Tuesday
Doc Vega commented on Doc Vega's blog post Plausible Explanation Behind Recent Cryptid Sightings in the Wild!
"cheeki kea I do not think these giant two legged birds would need to have a bad attitude as long as…"
Tuesday
Olivia Brooks updated their profile
Sep 2
John Miller was featured
Sep 2
tjdavis's 2 blog posts were featured
Sep 2
Zfort Group's blog post was featured
Sep 2
Doc Vega's 6 blog posts were featured
Sep 2
Burbia commented on tjdavis's video
Thumbnail

“What’s His Motive?” - Inside The Mind of George Soros

"Trump calls for George Soros and son to face federal…"
Sep 1
Burbia commented on tjdavis's photo
Sep 1
Profile IconSeeta Sathe and Olivia Brooks joined 12160 Social Network
Sep 1
tjdavis posted a video

Mossad, Terrifying CIA Technology, Blackwater & The Most Secret CIA Unit | John Kiriakou

John Kiriakou served 15 years in the CIA as a Case Officer (Spy) and as CIA's Head of Counterterrorism Operations in Pakistan where he lead the raid that cap...
Sep 1
tjdavis posted a photo
Sep 1
tjdavis posted a video

A Critique of the Tavistock Institute - The Mother Of All Conspiracy Theories

An examination of the Tavistock Institute, a theory which seeks to explain how Western societies have been brainwashed by a cabal of social scientists and th...
Aug 31

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted