NEW YORK (CNNMoney) - Republicans may soon lose a key talking point. According to data released Thursday, President Obama may now be a net job creator.
In the year following Obama's inauguration, the U.S. economy lost about 4.3 million jobs. But new figures released Thursday show 4.4 million jobs have been added back since then.
He has only recovered jobs if you don't count the people who have given up looking for work....
Fair is fair, if you are going to talk stimulus, ask Paul Ryan how many jobs he created using stimulus funds that he gave to his donors.
Of course.., unempoyment was close just above 4% under Bush. Not that a lack of jobs affects these numbers...
An historically low unemployment rate, right up until the democrats took control of Congress in 2006, and promptly created this economic mess by forcing banks to lend money to their 47%. Remember that 1.5 Trillion dollar DEFICIT budget the democratic super majority passed in 2009? You know.., the one that was going to keep unemployment under 8%, in fact, the very same budget we've still using today due to a major failure in leadership.
The problem with the GOP is they are stuck in the past. And because they are they think everyone else is too. They underestimated President Obama, some of them truly believe he got into Harvard due to Affirmative Action. They refuse to acknowledge how intelligent he is, therefore he has been able to run circles around them all and now they are panicking like rats deserting a sinking ship. President Obama went into office willing to work with them but they refused and for that they will reap what they sow.
Just imagine how far we would be with just a small amount of cooperation from them.
359,000 people filed jobless claims in the week ended Sept. 22
Over 100,000 workers have left the Los Angeles labor force since the beginning of 2012.
Orders for durable goods fell 13% from July, a 22 yrs low.
The economy grew at an annual pace of 1.3% instead of the previously revised poultry 1.7%
Meanwhile.., CNN debates whether or not Obama is a job creator.., yet.