Send a Tweet
Most Popular Choices
Share on Facebook 6 Share on Twitter Printer Friendly Page More Sharing
Exclusive to OpEdNews:
General News    H3'ed 10/23/16

Explaining Flat U.S. Job Growth

By       (Page 1 of 1 pages)     (# of views)   1 comment
Author 2576
Message G.E. Nordell
Become a Fan
  (2 fans)

Bush Obama job chart 2008-2015
Bush Obama job chart 2008-2015
(
Image by G.E. Nordell)   Details   DMCA

The Republicans continue to blame President Obama, but the entire G.O.P. Economic Meltdown took place in 2008, before Barack Obama became President in January 2009.

The U.S. economy got better immediately upon passage of the Democratic Party's Stimulus Package in early 2009, which the Republicans continue to work at cancelling.

As you can see on the chart here, job creation has been positive since Obama's first month in office, every single month.

The problem though is the Republican Congress and their promise to prevent any legislation proposed by Obama or the Democrats. So no jobs have been created by fixing our decrepit infrastructure, no stimulus for the alternative energy industry (both an economic and an energy solution), no pressure brought to bear on Wall Street or the megabanks to provide loans for small or medium businesses, while big business resists hiring new workers (in the U.S.).

The key fact left out of all the news for these seven years is that the U.S. economy needs 250,000 jobs each month to keep up with population growth. This is why the Obama Administration rightfully reports jobs created each month in the range of 100,000 to 200,000 -- quite an accomplishment given the fierce opposition -- and the jobless rate remains between 4 and 5 percent (and 15% for minorities and 25% for teens and 50% for Native Americans).

President Obama's hands are tied, Congress does absolutely nothing, Republicans sue the Supreme Court to reverse Obama's Executive Orders, and the economy remains dire for the Middle Class and the Working Poor.

Copyright 2016 by G.E. Nordell, all rights reserved

 

Well Said 3   Must Read 2   Supported 2  
Rate It | View Ratings

G.E. Nordell Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

author / philosopher / revolutionary G.E. Nordell lives & works in rural New Mexico

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

How To Survive The Coming Depression

The 2012 Hoax

Who Killed Julius Caesar?

The Evil of Dick Cheney

New Homeland Assault Force

Koch Industries versus The B.L.M.