In all seriousness what would a report that earned the President some credit look like-as the Obama haters-and there are some on the Far Left as well as Far Right-continue to pummel him over the economy and supposedly the big GOP Congressional gains last month were all about the economy?
Look I understand the caveats. There was a good amount of reason for optimism after these numbers-where there was even some wage growth though it's certainly too early to celebrate on that aspect-but yes it has been 6 years. Still you hear a lot of people say that it's got nothing to do with Obama. I don't necessarily have a problem with this if they'd just be consistent. I mean now they want to say the President has nothing to do with good numbers but they were sure he was to blame for them when they were bad. When it was 10% in 2009 it was all his fault, in 2012 Romney claimed that Obama and nobody but Obama had 100% pure ownership of an economy with an unemployment rate above 8% for x amounts of weeks in a row-Romney would keep hitting that statistic.
Parenthetically, when part of the Presidential campaign of considerable levity was when
GE's Jack Welch declared that the BLS cooked the books after the unemployment rate fell under 8% in October that year.
In reality, the President doesn't have total control of the economy-Congress has a large impact as well-in theory more as they're the ones who are supposed to graft economic legislation at least according to the Social Studies text books children are taught from. So why does Congress never get any of the blame?
Besides that there is a large part of the economic calculus that no arm of the government can impact.
Meanwhile, there is at least some clear imprints on this stellar number that the President can declare ownership from-the hated Obamacare may have contributed significantly to the upside surprise.
"The surprisingly robust U.S. jobs report includes a boost to overall employment from a major increase in healthindustry jobs some credit to Americans’ ability to buy more medical care under the Affordable Care Act."
"Of the 321,000 new jobs added in November, nearly 29,000 were in the health care sector. Unlike retail jobs, which typically jump now for holiday shopping, health-related employment has grown steadily all year with providers of medical care staffing up as the first year of broader coverage under the health law brought more paying customers and more states expand Medicaid coverage for poor Americans."
“Over the past 12 months, employment in health care has increased by 261,000,” the U.S. Department ofLabor’s bureau of labor statistics said in its report.“Employment continued to trend up in offices of physicians (+7,000), home health care services (+5,000), outpatient care centers (+4,000), and hospitals (+4,000).”
Look I understand the caveats. There was a good amount of reason for optimism after these numbers-where there was even some wage growth though it's certainly too early to celebrate on that aspect-but yes it has been 6 years. Still you hear a lot of people say that it's got nothing to do with Obama. I don't necessarily have a problem with this if they'd just be consistent. I mean now they want to say the President has nothing to do with good numbers but they were sure he was to blame for them when they were bad. When it was 10% in 2009 it was all his fault, in 2012 Romney claimed that Obama and nobody but Obama had 100% pure ownership of an economy with an unemployment rate above 8% for x amounts of weeks in a row-Romney would keep hitting that statistic.
Parenthetically, when part of the Presidential campaign of considerable levity was when
GE's Jack Welch declared that the BLS cooked the books after the unemployment rate fell under 8% in October that year.
In reality, the President doesn't have total control of the economy-Congress has a large impact as well-in theory more as they're the ones who are supposed to graft economic legislation at least according to the Social Studies text books children are taught from. So why does Congress never get any of the blame?
Besides that there is a large part of the economic calculus that no arm of the government can impact.
Meanwhile, there is at least some clear imprints on this stellar number that the President can declare ownership from-the hated Obamacare may have contributed significantly to the upside surprise.
"The surprisingly robust U.S. jobs report includes a boost to overall employment from a major increase in healthindustry jobs some credit to Americans’ ability to buy more medical care under the Affordable Care Act."
"Of the 321,000 new jobs added in November, nearly 29,000 were in the health care sector. Unlike retail jobs, which typically jump now for holiday shopping, health-related employment has grown steadily all year with providers of medical care staffing up as the first year of broader coverage under the health law brought more paying customers and more states expand Medicaid coverage for poor Americans."
“Over the past 12 months, employment in health care has increased by 261,000,” the U.S. Department ofLabor’s bureau of labor statistics said in its report.“Employment continued to trend up in offices of physicians (+7,000), home health care services (+5,000), outpatient care centers (+4,000), and hospitals (+4,000).”
http://www.forbes.com/sites/brucejapsen/2014/12/06/inside-321000-new-jobs-an-obamacare-hiring-bump/
Hmmm. Maybe someone ought to show this report to Chuck Schumer too.
http://theweek.com/article/index/272994/everything-thats-wrong-with-the-democratic-party-in-one-speech-by-chuck-schumer
So why not call the GOP bills to defund Obamacare what they are: job killing legislation?
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