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FUN FACT: More net jobs have been created under Obama than both Bushes combined
The economy under President Obama seems difficult to defend — unless you put it in context.
The president attempted to do that on Thursday in a speech at Northwestern University:
America’s recovery has been nearly the best in the world — thanks largely to the stimulative policies embraced by Congress in 2009. But even the chief executive who championed those policies recognize that their benefits are not being widely felt.
“By every economic measure, we are better off now than we were when I took office,” he said. “At the same time, it’s also indisputable that millions of Americans don’t yet feel enough of the benefits of a growing economy where it matters most — and that’s in their own lives.”
The president attempted to do that on Thursday in a speech at Northwestern University:
Here are the facts: When I took office, businesses were laying off 800,000 Americans a month. Today, our businesses are hiring 200,000 Americans a month. The unemployment rate has come down from a high of 10 percent in 2009, to 6.1 percent today. Over the past four and a half years, our businesses have created 10 million new jobs; this is the longest uninterrupted stretch of private sector job creation in our history. Think about that. And you don’t have to applaud at — because I’m going to be giving you a lot of good statistics. Right now, there are more job openings than at any time since 2001. All told, the United States has put more people back to work than Europe, Japan, and every other advanced economy combined. I want you to think about that. We have put more people back to work, here in America, than Europe, Japan, and every other advanced economy combined.
America’s recovery has been nearly the best in the world — thanks largely to the stimulative policies embraced by Congress in 2009. But even the chief executive who championed those policies recognize that their benefits are not being widely felt.
“By every economic measure, we are better off now than we were when I took office,” he said. “At the same time, it’s also indisputable that millions of Americans don’t yet feel enough of the benefits of a growing economy where it matters most — and that’s in their own lives.”
THE REST:
http://www.eclectablog.com/2014/10/fun-fact-more-net-jobs-have-been-created-under-obama-than-both-bushes-combined.html
6 replies
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Toss in a Reagan and you have, well, the clusterfuck that we're in today.
K/R
