Job Statistics

2014 Best Year For Job Gains Since 1999! But Will Obama Get Credit From Critics?

Ronald Leave a comment

As it turns out, the year 2014 will be the best year for job gains since 1999, with 321,000 jobs added in November.

The greatest economic recovery in American history is in full swing, but yet Barack Obama will NOT gain credit from critics.

Instead, the right wing ignores the abysmal record of George W. Bush on the economy, even before the Crash in 2008, which led to the Great Recession.

The American people were bamboozled to think that Obama was at fault because the economy did not recover over night, when the reality is that the damage done by the Great Recession would take a few years to overcome, just as in the Great Depression under Franklin D. Roosevelt.

The point to be made is that the Bill Clinton Presidency saw great economic gains, and now the Obama Presidency is showing it after a long hard struggle.

So despite the critics, and the work that must still be done to create new jobs that pay a decent wage, progress has been made, and should be commended!

A Fact That Cannot Be Denied: With Creation of 120,000 More Jobs, All Jobs Lost In Great Recession Are Recovered!

Ronald Leave a comment

A plain fact that Republicans and conservatives wish to deny is that the entire loss of jobs from the Great Recession under their President George W. Bush, the worst since the Great Depression, and actually in pure numbers, far worse, is nearing an end!

With next month’s report of job gains, the negative will finally have ended, six years after the total collapse!

Only 120,000 jobs need to be created, and every job created after that is additional, and the job growth will continue over the remainder of the Obama Presidency!

Yes, the author is well aware that this is not in itself something to rejoice, while we have so many people unable to make a decent living, and millions having to survive on the minimum wage or just above, and others further impoverished by the refusal of Republicans to extend unemployment compensation.

And manufacturing jobs, while reviving to some extent, are still losing to overseas competition, and too many jobs that are created are service jobs, traditionally low paid.

The fact of the recovery of the millions of jobs is to be saluted, but the need to create millions of new, high paying jobs is still the daunting task of Obama and the next President of the United States, but with GOP obstructionism, that will continue to be difficult.

The fact of the recovery of jobs, however, should be bragged about by Democrats, and should be a major factor in avoiding major loss of seats in the House and Senate, as if the Republicans had cooperated in the past four years, our economic revival could have been swifter and more focused on creation of good jobs, rather than just minimum wage jobs, which are in pay, 25 percent behind what they were in economic value in 1968!