The Daily Banter

We Officially Live in the Era of the “Obama Economic Boom”

Unless you enjoy looking really stupid, you can’t logically blame the president for the $1.4 trillion deficit in 2009 and then refuse to give him credit for reducing the deficit to $500 billion at the end of this year. Likewise, you can’t shout, “Where are the jobs, Mr. President?” then refuse to give him any credit for a solid jobs report. But that’s almost exactly what Speaker John Boehner did, and he looks really stupid doing it. Here’s what Boehner tweeted at the beginning of the year.

This was clearly directed at President Obama. How do we know for sure? It was included in a press release specifically targeting the president’s economic policies. Boehner went on to say:

Every American has a right to ask the question ‘Where are the jobs?’ Today’s disappointing report shows, once again, that the president’s policies are failing too many Americans, many of whom have simply stopped looking for work.

Fast forward 11 months.

The Daily Banter‘s Tommy Christopher reported on Friday that the November jobs report defied expectations, showing the addition of 321,000 new jobs. That means 50 consecutive months of job growth. The previous record of 48 consecutive months ran from 1986 to 1990, and the last time there were more back-to-back months of job creation was World War II. It’s now been 10 months in a row of 200,000 or more jobs added.


At this rate, it’s possible… CONTINUE READING

ht Karin Riley Porter Attorney at Law