The president’s feeling kinda good:
President Barack Obama on Saturday said December’s job report shows the economy is trending in the right direction as he urged businesses to take advantage of temporary tax breaks to lift the economy.
“We know that these numbers can bounce around from month to month,” the president said in his weekly radio address Saturday, referring to a jobs report released Friday showing the unemployment rate fell though the economy added fewer-than-expected jobs. He added, “We saw 12 straight months of private-sector job growth–the first time that’s been true since 2006.”
The president has continually touted private-sector job growth to bolster his case that his administration’s policies have benefited the economy. “Now we’re seeing more optimistic economic forecasts for the year ahead, in part due to the package of tax cuts I signed last month,” Mr. Obama said.
Republicans, meanwhile, are trying to take ownership of the tax package…
And why not?
Look at private sector job growth under his watch (the red bars are from Bush’s presidency).
He’s digging us out of the hole.
Thank you for posting this. We are coming out of the abyss.
“He’s digging us out of the hole.”
Ok, I can’t be the only one who read this sentence and had my brain immediately translate it to this one:
“No, no. Dig UP, stupid”
yeah, I kind of wanted that.
Well, I’m always in favor of a classic Simpsons reference, but it’s confusing to me here. Homer’s plan to dig himself out of a hole is counterproductive and just plain stupid. Is that what you’re suggesting about Obama’s efforts to revitalize the economy? The rest of the post doesn’t seem to support that.
That’s all well and good, but more needs to be done. And faster. After all, I am sure you read why the unemployment rate dropped to 9 point 4. And don’t forget the new Puke Governors and their job killing efforts have not shown up yet. Just don’t want people taking their eye off the ball, because the headline rate still might hit 10% again before this is all over, due to the way UE is counted(at least the headline report that everyone quotes).