Posted on 10/02/2014 12:55:37 PM PDT by SeekAndFind
The president offered up a forceful defense of his economic record at Northwestern University, touting improvements in jobs, energy and health care. But will voters care?
President Obama just wants a little bit of credit.
The economy, which has been an anchor on his presidency for most of his nearly six years in office, is finally showing strength. Layoffs have fallen to the lowest they've been in a decade, the unemployment rate may soon drop below 6 percent, job growth has been steady, and the GDP bounced back from a drop at the start of 2014 to post an impressive 4.6 percent jump in the second quarter.
Yet to Obama's increasing consternation, voters either haven't noticed the rebound or are in no mood to say thanks.
That was the backdrop for the president's 50-minute address Thursday at Northwestern University, where he sought to wake Americans up to the fact that while the economic improvements might not amount to boom times, the country had long since turned the corner from the deep recession he inherited.
Obama recited a number of rosy statistics, including the drop in the unemployment rate, a 13-year high in job openings, and the creation of 10 million new jobs in the last four-and-a-half years, "the longest uninterrupted stretch of private sector job creation in our history."
"This progress has been hard, but it has been steady, and it has been real," the president said. "It is a direct result of the American people’s drive and their determination and their resilience but it is also the result of sound decisions made by my administration. So it is indisputable that our economy is stronger today than it was when I took office."
(Excerpt) Read more at theatlantic.com ...
But Obama also acknowledged the lingering disconnect between the improving data and the more pessimistic way that people continue to feel about the economy. An Associated Press-GFK poll conducted last week found that just 40 percent of respondents approved of the president's handling of the economy, a number that has barely budged in the last year
Just say'n.
He wants a RED STAR!.......................
A gold star? How about a steaming cow pie? he’s done nothing but obstruct the recovery.
I think that’s a great idea. Place it on a stick and ram his reward home. A pointy star is exactly what he deserves.
I would hate to see our “economy” is he were to stand up and say it was not good and there is no recovery (the truth).
The Great Depression would look like child’s play in comparison.
There must be a major election coming up in just about a month from now..
Ask the Californians whose farms have no water about how much better off they are since Obama took over with his EPA!
With a Cresent Moon ]
The president offered up a forceful defense of his economic record at Northwestern University, touting improvements in jobs, energy and health care. But will voters care?
Energy?! Did he approve the Keystone Pipeline while I was sleeping?
And don’t get me started on the other two. He thinks we are idiots - or that at least enough of us are.
Obama lives on another planet. He should get a zero grade for his destructive policies.
Any news organization that uses said numbers is likewise, bullshit.
“Layoffs have fallen to the lowest they’ve been in a decade”
At this point 99.9% of private sector workers are skeleton crews kept at a bare minimum to keep businesses running; outside of the public sector, there is nobody else to lay off...
Actually, he should get an A for his destructive policies. He should get an F for his constructive policies.
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