- Feb 12, 2007
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...job growth is anything but a "bad economy ".
I mean okay, the labor participation rate is pretty low and that does matter, but for republicans to pretend that means the economy is shit is just disingenuous bullshit. I mean, Christ the Great Recession began under Bush and ended 6 months into Obama's presidency. Most of that can be directly attributed to Obama's stimulus package. According to the CBO, the stimulus created 3 million private jobs. Since then, we have had NON STOP Jon growth. That is unheard of.
And sure, wages are low under Obama. However, like the labor participation rate, they began to decline BEFORE obama's presidency. Obama tried to fix this by raising the minimum wage to a very reasonable 10.10 per hour.
Face it repubs. Your party is a joke.
According to the CBO, we should have had 24 million more people on ObamaCare than we do now.
Regarding Job Creation, or more accurately THE LACK THEREOF: The population of the United States has increased at a faster rate than the economy has created job in the Age of Obama. In other words, we're sinking under the weight of Obamanomics. If we had just maintained the Labor Force Participate Rate that was in effect at the end of Bush's 2nd term (and in the depths of the Recession), Millions and Millions more people would be gainfully employed instead of consigned to the Despairing Ranks of Obama Admin Dependents.
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