"Politidose" your daily dose of political commentary had another first concerning the latest unemployment number. The U.S. Labor Department had more good news for the economy and unemployment. 114,000 new jobs were created in September making it 31 straight months of positive job growth. The unemployment rate fell from 8.1% in August to 7.8% last month. The numbers continue to confirm that the President's policies are working and that the second great republican depression was met with sound economic policies.
Romney and the republicans have been saying for over a year they wanted to see unemployment under 8% so what was their reaction when the Labor Department announced that it was 7.8%? They accused the Obama administration of cooking the books. Romney and friends can not bring themselves to say anything positive about the economy because the middle class is being put back to work and they can not relate to the 47% and the middle class. Romney and his party are really a pittiful bunch.
I wrote a previous commentary dated November 30, 2010, almost two years ago, titled, "The U.S. Economy Is Back On Track" and pointed out that the Federal Reserve and the cable news channels were predicting an unemployment rate staying over 9% for all of 2011 and 2012. I pointed out in that same post that unemployment would be below 9% and closer to 7% for 2012. How did I know that would happen? I knew because democratic administrations have set a precedent in handling the economy and job creation much better than republican administrations. That is a fact that can easily be checked out by those in doubt.
If President Obama is reelected and the democrats can controll both houses of congress the President's job bill that has been before the republican house for almost a year will be passed by the democrats and the country and its people will have full employment within 18 months. That jobs bill has passed the democratic controlled Senate and is fully paid for.
That is another prediction I will stand by. Keep up the good work Mr. President.
