Sunday, March 6, 2011

The Economic Good News Continues For The Country

The economic policies of the Obama administration continue to show positive results for the country and its people. There were 222,000 jobs created in the private sector in February, 30,000 jobs were eliminated by states and local government for a net gain of 192,000 jobs for that month. Unemployment fell to 8.9% , the lowest point since April of 2009. In fact it was the sharpest decline for a three month period since 1983.

This writer in several commentaries months ago in "politidose" predicted how our country and the economy was responding to the President's economic policies in a positive way and how the unemployment rate would continue to fall at a faster rate than the pundits were predicting. The pundits were the same ones who were telling the people in 2008 that the economy was sound.

As usual House Republicans, who have opposed Obama's economic policies every step of the way are trying to take credit for the good news. Their phony statements are over shadowed by their phony ideology. And once again the Republican party has contributed nothing to the country's economic recovery. President Roosevelt's administration and policies rescued the economy after the great depression under President Herbert Hoover; President Clinton's administration and policies rescued the economy after President Bush 41 continued the voodoo economic policy of President Reagan with the voting public picking up the slogan, "its the economy, stupid" and now it is President Obama's administration and policies who has rescued the economy after President Bush 43's policies gave the country and its people the greatest meltdown of the economy and record job losses since the great depression.

In fact, Democratic administrations hold all the records of economic success, job creation, lowest unemployment, advance in wages for the middle class, balancing the federal budget and creating surplus, paying down the national debt and countless other benefits for the country and its people. Republican administrations hold the record for deficit spending, creating debt, job losses, high unemployment, wrecked economies and a host of other negative actions.

The present republican party and their tea party allies are still beholden to Corporate America and its lobby. They continue to oppose every thing coming out of the Obama administration and their number one priority is to defeat Obama in the 2012 elections. Of course they were elected to move the country forward and take care of the people's business but that is beyond their warped ideology. President Obama should hang in there and continue those policies that are working for the people and the country. Let the republicans wallow in their own lies.