Monday, October 22, 2012
Jobs, Jobs, Jobs
This is a rather revealing “bikini chart” (so called because of its shape). It shows that September 2012 marked the 13th consecutive month of private-sector job growth in the United States. Employers have “added approximately 5.2 million jobs since February 2010,” according to the U.S. Bureau of Labor Statistics. Republicans anxious to trash-talk the country’s recovery, to make voters believe that economic conditions have only gotten worse during President Obama’s first term, are hoping people won’t pay attention to statistics such as these.
But former President Bill Clinton has been paying attention. Comparing his own White House years with Obama’s, he noted during September’s Democratic National Convention that “President Obama started with a much weaker economy than I did. Listen to me now. No president--not me, not any of my predecessors--no one could have fully repaired all the damage that he found in just four years.”
READ MORE: “This Is the Biggest Economic Story in the World,” by Joe Weisenthal (Business Insider).