Needling the administration.
<< "I really don't care if you LIKE me."
|
(AP) – The unemployment rate fell to a two-year low of 8.8% in March and companies added workers at the fastest two-month pace since before the recession began. The Labor Department says the economy added 216,000 new jobs last month, offsetting layoffs at local governments. Factories, retailers, education, health care, and an array of professional and financial services expanded payrolls.
Private employers, the backbone of the economy, drove nearly all of the gains. They added 230,000 jobs last month, on top of 240,000 in February. It was the first time private hiring topped 200,000 in back-to-back months since 2006—more than a year before the recession started. The unemployment rate, which dipped from 8.9% in February, has fallen a full percentage point over the last four months, the sharpest drop since 1983. |
What could possibly have happened four months before March 2011 that would have moved what appeared to be a permanently-stuck needle on the US economic dashboard's unemployment guage? Let's count back the months together. February... January... December... November.
Hey, wasn't November when, as Obama aptly tagged it, "the shellacking" occurred? Wasn't that when, in spite of your Dear Leader's kind, gentle cautionary warnings not to allow reckless non-Democrats to drive the family car again, voters overwhelmingly issued unrestricted operator's licenses to conservative candidates for House, Senate and gubernatorial seats?
Could it have been those candidates' promises that they would continue the Bush tax cuts, curtail unchecked spending and borrowing, set about to create a more business-friendly model with less bureaucratic intervention going forward, de-funding if not repealing ObamaCare (and similar right wing-nut ideas) that finally convinced un-stimulated entrepreneurs to invest their hard-earned money in private sector America regardless of who is president and for how much longer?
No way!
Just add those 460,000 February and March jobs plus any that might have been added in January, December and November to the millions that have been counted in the Obama/Biden Created-and-Saved Jobs tally but have hither-to-fore never registered due to that stuck needle. But continue not to count the millions who had already dropped out of the job market prior to the shellacking.
|

|
While you're at it, don't forget to thank Nancy Pelosi. She wisely stuck to her guns all the while that the unemployment guage's needle was unexplainably stuck at 9.8%. Thankfully, as you can see in this January photo of the former Speaker, the Botox needle did not get stuck during her last treatment as it so often did while she still held the gavel. |
|
"Unemployment benefits are creating jobs faster than practically any other program." |
Then there's that other needle that has been stuck in the wrong position as a result of the administration's unrealistic energy priorities.
eddobloggo home
| SCROLL DOWN TO ADD A COMMENT |