During the last year of George W. Bush's presidency 3.6 million jobs in the U.S. were lost. September, 2008...nearly 432,000 jobs lost. October, 2008....nearly 489,000 jobs lost. November and December, 2008....803,000 and 661,00 jobs lost respectively. The month of Barack Obama's inauguration, 818,000 more U.S. workers lost their jobs.
Those were the conditions 'on the ground' when Barack Obama became the president. Even during a post-truth presidential election, like the one we're in the midst of right now.....those numbers should not be simply ignored, or conveniently mis-remembered.
From February 2008 until February 2010, a total of 8,779,000 jobs were lost in America. approximately 5 million of those lost jobs coming after Obama took office. Almost 9 million jobs shed in all as a direct result of the mortgage derivatives and credit default swaps meltdown.
Starting in March, 2010, the U.S. has experienced positive private sector job growth for 32 straight months. At the close of September, 2012, the economy had recovered all the 5 million+ jobs lost since Obama became president with a couple hundred thousand to spare. It is posible that you have heard otherwise...in fact, it is likely that you have heard otherwise....but you heard wrong.
While it is inarguable that our jobs situation is still not where we want it to be.....it is also inarguable, or should be, that in the last three years America has regained all the jobs lost since Obama was inaugurated...and then some.
When it comes to jobs, are we better off today than when Obama was sworn in? You're damn skippy we are...and the numbers prove that out.
One of Obama's first bill signings was the $787 billion stimulus legislation. The Congressional Budget office has concluded that the stimulus added 3,3 million jobs and boosted GDP by between 1.7 and 4.5 percent.
If you have been led to believe that the Obama stimulus was a total and miserable failure.....once again you have been led to believe a falsehood. Not only has the non-partisan CBO concluded that the Obama stimulus resulted in 3.3 million more jobs, but 80 percent of all economists also agree that the stimulus 'worked' for what it was intended.
We were told that the presidential campaign and election we are about to conclude would be all about jobs, jobs, jobs,....the economy, the economy, the economy....AND....a referendum on the Obama presidency in relationship to jobs, jobs, jobs....the economy, the economy, the economy.
My case for Barack Obama's re-election begins not by omitting the economic facts 'on the ground' as he was taking office. My case for the re-election of Barack Obama isn't blinded by acute, or convenient, bouts of amnesia concerning the historical nature of economic conditions when Obama took the oath of office.
Instead, my case for the re-election of Obama begins with jobs and the economy. American workers, American families are better off today than they were four years ago....and the numbers prove that out. There are more jobs today than there were when Obama was inaugurated. It's taken almost three years of positive monthly job growth to get there.....but we have crawled back out of what looked, at the end of 2008, like a bottomless pit of future national despair.
Finally, on this specific topic of recommendation for the re-election of Barack Obama,.....on jobs and the economy.....it is extremely important to also understand that during the crisis period of our national jobs recovery from February, 2010 through today....Obama's opponents in the Republican Party were setting new obstruction records in Congress.
In Barack Obama's first two years of office, Senate Republicans set a new record for filibustering. Instead of putting jobs and the economy.....you know, first,.....Mitch McConnell said the GOP's top priority, especially in the Senate, was to make Obama a one term president.
In the second half of his first term, Obama was met by a Tea Party House obsessed with passing new legislation limiting a woman's right to choose, 33 repeals of Obamacare, the defunding of Planned Parenthood....as well as holding hearings of political gamesmanship with Fast and Furious, Contraception-gate, and now, Benghazi-gate.
What Republicans in Congress did not do these last almost-four years is work with Obama to improve jobs and the economy. Instead, they fought President Obama tooth and nail with the last battle waged only a few months ago when Senate Republicans filibustered the American Jobs Act.
Summary: Although President Obama took office at the very same time that our nation's new Great Depression was hitting, and in spite of the non-stop obstructionism from Republicans these past four years, our country now has more people working than when Obama took office. Which, all things considered, is quite an accomplishment.
On jobs and the economy, Obama deserves your vote.