Quote:
Originally Posted by Golfingnut
Stock market soars over the good news.
Romney calls the numbers Disappointing.
As I look at the rest of the world, I am seeing Obama's policies working better and better. We just can't take the chance of slipping back into the mistakes made by the Bush administration. The recovery is slow but steady as to getting worse as it did under Bush Jr.
To Obama I must say:  |
Actually the report is disappointing although everyone is happy that we made some jobs at least.
But for the record...
"The unemployment rate has fallen from a Great Recession high of 10 percent in October 2009 to 8.3 percent, according to the latest jobs report from the Labor Department.
But make no mistake: in two key ways, the labor market has gotten worse."
A Better Economy May Not Fix The Jobless Problem - US News and World Report
The unemployment problem continues to grow and in fact get much worse.
I am also happy on the DJ rise....now if they just start to hire people ! And keep in mind that the DJ is now reacting to whatever happens in Europe thus not the best indicator of how we are doing, but nice to see it go up.
I offer to you that our deficit continues to rise and THAT will stifle growth on this country for a long time.
Is it all Obama's fault....of course not, but he wasted an entire year feeding the deficit and ignoring what was happening at the base of the economy.
We must cut spending....and get the country back to work. We are in a very very dangerous situation.