This chart comes courtesy of Chris Cillizza at the Washington Post HERE.
This is pretty simple to understand. Despite the Republicans trying to block job creation in this economy and despite the economic failings of Europe – America is slowly but surely moving through the dredge. Just remember this – the first 3 months Obama was in office … the country lost 2.2 million jobs.
And now … 5.2 million private sector jobs have been created since January of 2010. The Manufacturing industry is on the rebound (slowly), the housing market is recovering, the banking industry has plenty of capital to protect from economic shocks and the auto industry has rebounded significantly. Lots of good things in the economy even though there are many concerns too. Bottom line – we’re moving forward despite Republican opposition to progress.
And Republicans are trying their damnedest to make Americans think the country is going to implode any day now due to the horrible socialistic policies of this President that led to the jobs in this chart coincidentally. This turnaround wouldn’t have happened without the stimulus.
Unemployment – 7.8%. Period.
Like us on Facebook?