February Job Gains Create A Wrinkle in Presidential Race

U.S. jobs increased significantly in February after a very strong January. This could create an interesting political wrinkle for Republicans running for president. Simply blaming President Obama for the economy is losing it's punch. The Republican candidate needs to explain why less regulation and lower taxes will make the economy stronger. A few months ago some Republicans thought they'd simply be able to point to the economy and win the election. That no longer appears the case. The economy is not the only issue, but if the Republican candidate doesn't win that issue, it seems unlikley that they'll have much of a shot next November.

U.S. gains 227,000 jobs in February

"The unemployment rate was unchanged at 8.3% as nearly half-a-million workers reentered the labor force in search of jobs, the Labor Department reported. That’s usually a good sign because it means people believe more work is available.

The increase in nonfarm jobs topped 200,000 for the third straight month, which reinforces the view of an economy gathering strength as 2012 unfolds. The past three months of full-time job growth — aided by unusually warm winter weather — is the fastest since the end of the 2007-2009 recession and marks the best performance since early 2006.

The influx of new jobs is also pumping more cash into the economy in the form of wages and salaries, generating fresh demand among consumers for the goods and services that businesses produce. Consumer spending accounts for 70% of U.S. economic growth.

If that keeps up, businesses might have to hire more workers to meet the rise demand, further underpinning the economic recovery.

Improved job growth exceed Wall Street estimates. Economists surveyed by MarketWatch had predicted an increase of 213,000 jobs on a seasonally adjusted basis, with unemployment holding steady at 8.3%. "

Fiorina's Solid Pro-Growth Message

Carly Fiorina in her run for Senate in California is finding support among business people. With a message of fiscal responsibility - less spending, lower taxes, and a pro-growth message many Californians are finding Fiorina well suited for a state that is facing serious fiscal problems...

Fiorina talks to businesspeople

PLEASANTON — Republican U.S. Senate candidate Carly Fiorina was halfway around the conference table, greeting and shaking hands with local business owners Friday, when she reached Ross Blackburn.

"I sure hope you get in there and do something, throw all the bums out," Blackburn, owner of Lafayette-based Lenox Homes, told Fiorina as he shook her hand.

The former Hewlett-Packard CEO grinned and said, "Hold that thought."

That exchange set the tone of her 90-minute campaign event with businesspeople, hosted by high-tech marketing and public relations firm Trainer Communications. Spending most of the time answering questions from about 50 invited attendees, Fiorina pitched a classic Republican pro-business platform: lower and simpler taxes, fewer and more streamlined regulations, less government spending and immigration and environmental policies that favor business growth.

Carly for California, Fiorina's campaign website.

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Carly Fiorina Finds Solid Support with Business People