re: Job Market Doing Well

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Obama's policies have been awesome and he deserves the credit now that the economy is kicking arse and has recovered from the Republican disaster he inherited.

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204,000

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Obama's policies have been awesome and he deserves the credit now that the economy is kicking arse and has recovered from the Republican disaster he inherited.

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I don't think the economy is his fault, what I do think is that most of what he has done to try to fix it has ended up hindering a faster recovery.

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Funny... I remember when adding 207,000 jobs in a month was a sign of a shitty economy.

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Yet a CBS News poll released this week found that 52 percent of respondents disapproved of Bush's handling of the economy, while 42 percent approved. Those numbers were worse than his overall approval rating, which split with 46 percent disapproving and 45 percent approving.

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Job Market Doing Well

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At Milwaukee Laborfest in Wisconsin this past weekend, President Obama spoke about how he and the Democrats believe the American economy has strengthened over the last six years. The president told the crowd that “by almost every measure, the American economy and American workers are better off than when I took office.” That just isn’t true. And a trove of new analysis proves my point.

A definition of being off-message is when a politician says things to people that differs from what they observe for themselves. Happy talk about the economy doesn’t fool anybody; it makes them angry. According to a George Washington University Battleground poll released today, 54 percent of voters disapprove of the job President Obama is doing on the economy. Even more telling, an NBC News/Wall Street Journal poll from August showed that 49 percent of Americans still think we are in a recession. In that same poll, 76 percent said that they do not feel confident “that life for our children’s generation will be better than it has been for us.”

The truth is, in many ways Americans are worse off today than they were before the recession. Sentier Research released a report showing that median household income is down 4.8 percent from December 2007, when the recession began, and down 3.1 percent from the end of the recession in June 2009. The last time I checked, having less money is not an indication that you are better off.


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The labor force participation rate is still incredibly low, at only 62.9 percent. Democrats can crow about how the unemployment rate has now decreased to 6.2 percent, but the primary reason for that drop is not because people have gone into comfortable retirement; it’s because they can’t find a job. So when the president says that “more folks are working,” people are left shaking their heads, wondering if the president doesn’t know, doesn’t care or thinks it is effective to be deceitful.

There are just too many bothersome facts about the lack of growth and jobs in today’s economy. This administration is the most anti-business administration since World War II, and people who want to work notice.

I don’t ever expect the president to stand in front of a crowd and say “woe is me, I’m a failure,” but when he goes out there and pats himself on the back, crowing about the success of the Obama economy, he only makes his political situation worse.

The Obama Economy Is Not Working For Democrats....
(Posted by DeltaDoc 9/4/14 at 10:10 am)

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NC_Tigah

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median household income is ... down 3.1 percent from the end of the recession in June 2009

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Private employers added 204,000 new workers

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A definition of being off-message is when a politician says things to people that differs from what they observe for themselves. Pissing on people's heads and telling them that it's raining makes them angry. According to a George Washington University Battleground poll released today, 54 percent of voters disapprove of the job President Obama is doing on the economy.

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