Friday, February 03, 2012

Jan. Jobs Report: 243K Jobs 8.3% Unemployment

This is the first jobs report that doesn't come with a caveat. It's good. That's it. Of course, Obama said it's not good enough and Congress needs to keep the ball rolling, and who knows how Fox News is spinning it. It's the fifth consecutive month that the unemployment rate dropped. It's the 23 straight month of job growth. Also note, the worst recession in America's history ended (from an economic perspective) in 2009 and under Obama, the economy has been growing, albeit slowly, ever since. The republican argument that Obama's policies have stood in the way of growth is bogus.