General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsForbes Magazine: Obama "best economic president of the modern era"
Obama Outperforms Reagan On Jobs, Growth And Investing
http://www.forbes.com/sites/adamhartung/2014/09/05/obama-outperforms-reagan-on-jobs-growth-and-investing/
The Bureau of Labor Statistics (BLS) today issued Americas latest jobs report covering August. And its a disappointment. The economy created an additional 142,000 jobs last month. After six consecutive months over 200,000, most pundits expected the string to continue, including ADP which just yesterday said 204,000 jobs were created in August.
One month variation does not change a trend
Even though the plus-200,000 monthly string was broken (unless revised upward at a future date,) unemployment did continue to decline and is now reported at only 6.1%. Jobless claims were just over 300,000; lowest since 2007. Despite the lower than expected August jobs number, America will create about 2.5 million new jobs in 2014.
This is the best private sector jobs creation performance in American history
[img][/img]
flamingdem
(39,308 posts)variously holding a knife to the economy and a boot on Obama's ability to govern.
HipChick
(25,485 posts)flamingdem
(39,308 posts)Just think of what could have been. The repukes knew if they supported Obama they'd be toast for decades because of what he could accomplish and all the new dem voters via immigration reform, etc.
Fred Sanders
(23,946 posts)Cha
(296,773 posts)Cad Bane
(68 posts)If it's covered at all it will be 100% negative media spin by the GOP (and even most left wing blogs)
Also President Obama played basketball yesterday and watched a movie with his daughters so he doesn't deserve any credit.
Fred Sanders
(23,946 posts)voting type folks take notice before November?
IkeRepublican
(406 posts)The media's marinating everybody in how terrible Obama is and it's going to undoubtedly deflate many necessary independents who will stay home because they'd rather do that than pull the lever for a Repuke.
Fred Sanders
(23,946 posts)riqster
(13,986 posts)Fred Sanders
(23,946 posts)gratuitous
(82,849 posts)Obama's vilified as some kind of communist by the financial community (who all have their high-paying phony baloney jobs wrecking the economy), while he's lionized by people who still can't find suitable work and whose income has continued its 30 year slide under the benevolent ministrations of supply side (voodoo) economics.
eridani
(51,907 posts)Just like Reagan, as the graph illustrates.
Doctor_J
(36,392 posts)Since that was the plan all along, you could consider him a success.
Quixote1818
(28,918 posts)rickyhall
(4,889 posts)Cha
(296,773 posts)Laurel Davila, CPA @laureldavilacpa
Follow
#POTUSpositive It's official! President Obama is the best economic President in modern times! #PDMFNB #UniteBlue
6:15 AM - 8 Sep 2014 75 Retweets 45 favorites
http://theobamadiary.com/2014/09/09/obamacare-still-standing-strong/
Spitfire of ATJ
(32,723 posts)....because their white guy doesn't have cooties.
EEO
(1,620 posts)Number23
(24,544 posts)And The Usuals doing cartwheels of glee in that other thread