5/09/2011

New Fox News piece: Where Are the Jobs, Mr. President? The Jobless Obama Recovery Continues

My newest piece at Fox News starts this way:

There has been no recovery in the job market during the Obama recovery. Despite all the cheerleading by the Obama administration and the media, job creation has been horribly sluggish. The jobs created recently are noteworthy only in comparison to the lack of jobs created during the rest of the “recovery.” In contrast to other recoveries over at least the last half century, job creation has never been more anemic.

When the new employment numbers came out on Friday, Austan Goolsbee, the head of the President Obama's Council of Economic Advisors, boasted about "the solid pace of employment growth in recent months" and that "The overall trajectory of the economy has improved dramatically over the past two years." Headlines in the Los Angeles Times and the New York Times were equally glowing, trumpeting "solid growth" and "strong growth." 

During the 23 months since the Obama recovery started, an average of 23,000 jobs a month have been created. The same 23 month period into the Reagan recovery saw that an average of 285,800 jobs were added each month. 

So what about the last three months? . . .


Please consider checking the "recommend" box at the top of the piece at the Fox News website. Thank you.

Labels: , ,

1 Comments:

Blogger Chas said...

Markie Marxist sez: "Jobs? Who needs jobs? People should golf more anyway."

5/09/2011 7:01 PM  

Post a Comment

Links to this post:

Create a Link

<< Home