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The awful, awful August jobs report — This was not the employment report either American workers or the Obama campaign were hoping for. A huge miss. It shows the U.S. labor market remains in a deep depression, generating few jobs and little if no income growth. As IHS Global Insight puts it:
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Disappointing jobs report unlikely to change presidential contest — Today's unemployment report was disappointing: only 96,000 jobs created last month, and revisions reducing the previous two months by 40,000, it was not only well below expectations but, more importantly, below what the economy needs to do to get people back to work.
Discussion:
The Agonist, Alan Colmes' Liberaland, Guardian and Paul Krugman


Payrolls in U.S. Rose 96,000 in August, Jobless Rate Fell — Payrolls rose less than projected in August and the unemployment rate declined as more Americans left the labor force, indicating the U.S. labor market is stagnating. — The economy added 96,000 workers last month following …


August Employment Report: 96,000 Jobs, 8.1% Unemployment Rate — From the BLS: … Click on graph for larger image. — This was another weak month, especially with the downward revisions to the June and July reports. — This was below expectations of 125,000 payroll jobs added.
Discussion:
ThinkProgress, The Daily Beast, Firedoglake, The New Republic, Business Insider and Washington Monthly

Jobs report brings end to Democrats' convention high
Discussion:
ABCNEWS, Reuters and Election 2012

Grim jobs market confronts Obama, Fed
Discussion:
GOP 12, The Mental Recession, Taylor Marsh and American Spectator


Romney On Jobs: ‘If Last Night Was The Party, This Morning Is The Hangover’
Discussion:
Daily Kos and The Hinterland Gazette

Record 88,921,000 Americans ‘Not in Labor Force’—119,000 Fewer Employed in August Than July
Discussion:
The Gateway Pundit, GayPatriot, Sweetness & Light and Riehl World News

CHART OF THE DAY: Labor Force Participation Rate Falls To Lowest Level Since September 1981
Discussion:
Mediaite and Washington Free Beacon

New Jobs at 96,000, Missing Expectations; Rate Hits 8.1%
Discussion:
Slate, CNBC, ThinkProgress, The Raw Story, NewsBusters.org blogs, The Maddow Blog, Mother Jones, FT Alphaville, Outside the Beltway and Daily Kos

Eastwood says his convention appearance was ‘mission accomplished’ — AFTER A week as topic No. 1 in American politics, former Carmel Mayor Clint Eastwood said the outpouring of criticism from left-wing reporters and liberal politicians after his appearance at the Republican National Convention …
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ABCNEWS, ThinkProgress, Politico, BuzzFeed, Talking Points Memo, CNN, The Jawa Report, The Hill, The Caucus, emptywheel, The Daily Caller, Daily Kos, GOP 12, Moe Lane, New York Magazine, Business Insider, Babalú Blog, National Review, The Gateway Pundit, Taegan Goddard's …, NewsBusters.org, PopWatch, Mediaite, Chicago Boyz, Gawker, Hot Air, Weasel Zippers, The Maddow Blog, Macsmind, The PJ Tatler, Riehl World News, Washington Examiner, Jammie Wearing Fools, Gothamist and Towleroad News #gay

DNC2012 Night 3: Obama's speech sets records — Today's highly-anticipated event in Charlotte was the single biggest day of both conventions. President Barack Obama's (@BarackObama) acceptance speech at #DNC2012 set a new record for political moments on Twitter, with 52,756 Tweets per minute coming just after its conclusion.
Discussion:
Mediaite, Queerty, The Next Web, TechCrunch, CBS Los Angeles and AllThingsD, more at Mediagazer »
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Obama sets tweets-per-minute record
Discussion:
PopWatch and The Political Carnival

President Obama Accepts the Democratic Nomination
Discussion:
The Daily Dish

TV pundits split on Obama speech
Discussion:
Outside the Beltway, Queerty, Sister Toldjah and Washington Free Beacon


The Romney swing-state blitz, revealed — We reported Thursday that Mitt Romney was about to embark on a major general-election TV offensive, marking his first major use of the post-convention dollars his campaign has been dying to spend. Now, Team Romney is putting out word …
Discussion:
Daily Kos, The Mahablog and Towleroad News #gay
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From Tampa to Charlotte and Beyond
Discussion:
Daily Kos and Booman Tribune


Did Obama Phone It In? — Barack Obama's speech tonight was....OK. But that was about all. It meandered, it skittered, and most of the time it seemed oddly themeless. It had some good lines, but too often they were left hanging. Take this jab at Republicans, for example: … That's a good riff.
Discussion:
Politico, Washington Post, Washington Monthly and Business Insider
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Parsing the Grand Bargain promises
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DownWithTyranny!, Firedoglake and The Daily Dish


Akin TV Ad Buy Canceled — For Failure To Pay The Station — Rep. Todd Akin's effort to continue his bid for the Missouri Senate seat is now faced with a new challenge: Paying the campaign's bills for TV ads on time. — The Akin campaign's TV ad buy with the NBC affiliate in Columbia …
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TV Station Pulled Akin's Ads Due to of Lack of Payment
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Ballot Box, The Raw Story and Business Insider


Transcript: President Obama's Convention Speech … PRESIDENT OBAMA: Thank you. (Sustained cheers, applause.) Thank you. Thank you. Thank you so much. — AUDIENCE MEMBERS: Four more years! Four more years! Four more years! — PRESIDENT OBAMA: Thank you. — AUDIENCE MEMBERS: Four more years!
Discussion:
Firedoglake, The Moderate Voice, Spectator, Pirate's Cove, Guardian, Shakesville, Connecting.the.Dots and ImmigrationProf Blog
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The Democrats' Soft Extremism — Obama is out of ideas, and Clinton's speech was unworthy of him. — Barack Obama is deeply overexposed and often boring. He never seems to be saying what he's thinking. His speech Thursday was weirdly anticlimactic. There's too much buildup, the crowd was tired, it all felt flat.
Discussion:
blogs.telegraph.co.uk, Politico, No More Mister Nice Blog, INSTAPUTZ and Sense of Events


CHART: The Racial Makeup Of Obama, Romney Presidential Coalitions — When it comes to building a winning coalition, President Obama and Republican nominee Mitt Romney have very distinct paths to victory. Romney is betting on winning big with white voters.
Discussion:
Connecting.the.Dots


Obama's Message Breaks Through In Swing State Newspapers — An emphasis on the path forward. A lukewarm reception to his speech doesn't make the headlines.


The Employment Situation in August — While there is more work that remains to be done, today's employment report provides further evidence that the U.S. economy is continuing to recover from the worst downturn since the Great Depression. It is critical that we continue the policies …
Discussion:
Hot Air, Washington Examiner and The Rightnewz

Cardinal Timothy Dolan's Benedictions At RNC And DNC (FULL TEXT) … REACT: — FOLLOW: — Elections 2012, Democratic Convention, Democratic Convention, Elections 2012, Religion and Politics, Video, 2012 Democratic Convention, 2012 Democratic National Convention, Cardinal Timothy Dolan …
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Salon, Washington Monthly, Advocate, The New Civil Rights Movement, New York Magazine, Weasel Zippers and CNN

White House circulating draft of executive order on cybersecurity — The White House is circulating a draft of an executive order aimed at protecting the country from cyberattacks, The Hill has learned. — The draft proposal, which has been sent to relevant federal agencies for feedback …
Discussion:
Daily Dot

Apple Seeks to Create Pandora Rival — Apple Inc. is in talks to license music for a custom-radio service similar to the popular one operated by Pandora Media Inc., according to people familiar with the matter, in what would be a bid by the hardware maker to expand its dominance in online music.
Discussion:
AllThingsD, MarketBeat, Deadline.com, Business Insider, VentureBeat, The Next Web, Newsy, Mashable! and Gizmodo, more at Mediagazer »


Paul Ryan Acknowledges Requesting Federal Money From Program Funded By Obamacare — Earlier this week, the Nation uncovered the fact that Paul Ryan — who has voted with his party to repeal President Obama's health care law over 30 times — requested Obamacare funds for his Wisconsin district in 2010.
Discussion:
Politico, Applesauce, The Huffington Post and The National Memo

Ask the DNC: Is Romney Ready for the Kill List? — As you may have heard last night, Osama bin Laden is dead, has perished from the earth, is at the bottom of the sea, and is not better off than he was four years ago. The Democrats are trying to pull a Bush on national security …
Discussion:
Hit & Run and The Agonist