General Discussion
In reply to the discussion: The Bush Created Economic Abyss Obama Pulled America Out Of Was Deep, THIS Deep: [View all]econoclast
(543 posts)Regardless of the raw number of jobs created. 100,000, 200,000, 300,000, 500,000....If the economy fails to produce enough jobs to keep up with the growth of the population, then whatever the jobs policy is ... That policy is a failure. Example. If population goes up by 400,000 and only 300,000 jobs were created then there are still 100,000 people without a job and that is a big problem. In our current real world situation as we just described, net of population growth, in 2013 there were about 64,000 jobs created per month. (And not all of them full time jobs ) Given the size of the hole we are digging out of, that is awfully small and slow improvement. It sure beats Losing jobs ... But it isn't a performance to write home about.