Obama’s Only Jobs Boast Is a Jobs Failure

If you’ve heard a campaign speech by President Obama or Vice President Biden or you’ve heard their cheer leaders in the media, you’re familiar with the one employment statistic they bellow at every opportunity: Over the last thirty months we’ve created 4.6 million private sector jobs! They hope voters will think 4.6 million, the net [...]

Unemployment Rate Is Much Worse Than It Looks

The September Jobs report published Friday by the labor Department was a deep disappointment. Only 96,000 jobs created in August, a pathetically small number, about a third fewer jobs than the monthly increase in the working age population. President Obama and his supporters, hoping for a positive response from recession weary voters, rushed to the [...]

Obama Campaign Numerically Challenged

In an appearance on MSNBC Obama spokseperson Stephanie Cutter asserted that job creation during the Obama “recovery” from recession that began 28 months ago has been better than either the Bush recovery or the Reagan Recovery.  As a service to Ms. Cutter and the Obama Campaign we compiled the data from the Bureau of Labor [...]

Unprecedented Misery

Barack Obama’s bizarre comment regarding the most recent jobs report seems to indicate a profound disconnect from the grim reality Americans continue to suffer. The June Jobs Report published by the Labor Department Friday was, again, a deep disappointment. Private sector employers hired 84,000 employees and government cut 4,000 for a net 80,000 additional jobs.  [...]

Obama’s Public Sector Jobs Shakedown

How many government jobs would satisfy the President and the Democrats? President Obama kicked up a lot of dust when, in the course of answering a reporter’s question about the economy, he announced that “the private sector is doing fine.”  His media defenders assure us it was an unscripted slip and the Conservative reaction was [...]

Obama: “The Private Sector is Doing Fine”

Does President Obama understand fundamental economic principles? The President held a Press Conference Friday to discuss the state of the economy and job creation  and made a startling assertion: Reporter’s Question on the topic of jobs: What about the Republicans saying that you’re blaming the Europeans for the failures of your own policies? President Obama: [...]

Another Tragic Jobs Report

The Labor Department has published its jobs report for May: Employers added a pathetic 69,000 jobs.  It takes at least 125,000 new jobs every month to keep up with the growth in the working age population, and employers still have not replaced the five million jobs that were lost in 2008 and 2009. The reports [...]

Profits Are The Fuel of Job Creation

To support the Obama campaign scores of politicians and assorted gasbags, all across the media echo chamber are chanting the same ignorant slogan:  “Mitt Romney’s priority at Bain Capital was not to create jobs, it was to maximize profits.” The first post in this series explained what private equity really is and debunked charges from [...]

Obama Jobs Record Not Worthy of Your Vote

The Obama campaign, in a frenzy of spin, is trying to persuade us that recent employment statistics signal economic improvement for which we should thank President Obama by renewing for four more years his project to “transform America” by expanding the power and dominance of government in our lives.  At a campaign event following release [...]

ObamaNomics Debunks Establishment Economists

The biggest government spending surge ever bought us the weakest jobs recovery in 80 years. After three months of moderately strong job growth the establishment media had been crowing that the economy was no longer an election issue, improving President Obama’s shot at a second term.  But then the Labor Department released a disappointing jobs [...]

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