Obama economy: 8.7 million jobs

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  • #15252
    Vitalogy
    Participant

    October was a month of strong jobs gains. Since President Obama took office, the economy has added 8.7 million jobs.

    On many fronts, there’s a lot to cheer. More people are getting back to work. Gas prices are extremely low. The stock market is back near its all-time highs. Home prices have rebounded in most parts of the country.

    Even wages and consumer spending are finally starting to show signs of a pickup.

    Unemployment is now down to 5% — a healthy level that the U.S. hasn’t seen since before the financial crisis of 2008.

    A stronger economy is a problem for Republicans

    “With low unemployment and rising wages, the Republicans’ job gets a lot harder,” says Doug Holtz-Eakin, president of the American Action Forum and a former economic adviser to John McCain’s presidential campaign.

    http://money.cnn.com/2015/11/06/news/economy/obama-jobs/index.html

    Wait a minute. I thought the economy was going to tank under Obama? Huh??

    #15253
    missing_kskd
    Participant

    Not for lack of trying. Just think, had the stupid party actually helped do the work to improve with Obama and Democrats, we might be even better off! Net gains early instead of a tepid recovery.

    We are in a good place, and I’ll take it.

    Two reasonable Dems in a row might just do us some real good, not just damage control.

    Here’s to hoping!

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