July’s unemployment numbers were curiously lauded by some in the press on Friday morning, but the reality of the job market is still grim. The unemployment rate fell by only .1 percentage point, from 9.2 to 9.1 percent and an unimpressive 117,000 jobs were created. Under President Obama’s watch, the unemployment rate has been 9 percent or above for 25 of the first 31 months of his administration. Since the failed stimulus bill was passed – which was promised to keep the unemployment rate below 8 percent – the unemployment rate has been 9 percent or above for 25 out of those 29 months.
In 2008, a majority of Americans chose a big-city liberal politician to fix the U.S. economy. President Obama and Democrats in Congress unleashed a wave of spending that led to our current $14.3 trillion national debt. Big-city liberals create government handouts, they do not create jobs. The uncontrolled spending has not worked and has only made the problem of job growth worse.
The net effect of the failed Obama policies is that a record 45.8 million Americans are on food stamps today. These working families have been shut out of the job market due to the Obama recession. President Obama has said time and again that he will pivot to focus on job growth. In November of 2009, President Obama said that it was the “overriding focus” of his administration to create jobs. Those words have rung hollow as American families continue to search for jobs.
Like the liberal that he is, President Obama does not place the blame for the failing economy on his own policies. Right after the poor unemployment numbers were announced on Friday, President Obama bemoaned, “We’ve weathered the Arab Spring’s effect on oil and gas prices. The Japanese earthquake and tsunami’s effect on supply chains. The extraordinary economic uncertainty in Europe and recently markets around the globe have taken a bumpy ride.” Mr. President, you need to look into the mirror. It is not just outside external forces that have crippled America’s economy. It is your liberal policies that have put 45.8 million Americans on food stamps.
One of the scariest numbers that came out of last Friday’s jobs report was the number of Americans leaving the labor force. 193,000 Americans gave up looking for jobs, and only 58.1 percent of the eligible population held a job. That is the lowest level since the summer of 1983. The malaise resulting from Obama’s economic policies have forced millions of Americans to give up on the American dream.
The White House Press Secretary, Jay Carney, said last week, “Well, the White House doesn’t create jobs.” Talk about an illuminating statement. The Obama Administration has been AWOL when it comes to a real jobs agenda. President Obama has not provided any leadership on the issue. Yes, his administration may have “pivoted” a number of times, but no real results have emerged. Will August be the 26th month that the unemployment rate is above 9 percent during the Obama presidency? With no jobs plan on the horizon from this administration, the answer is likely to be an unfortunate yes.