Monday, March 11, 2013

February's Unemployment Rate and Job Creation

The Labor Department announced that the unemployment rate fell to 7.7% in February, down from January's 7.9% and that the economy created 236,000 new jobs.  Economic indicators also showed a sustained recovery.  This writer predicted that the democratic administration of Barrack Obama would move the country forward out of the second great depression in a commentatry published here in politidose on Dec. 14, 2009 titled, "An Economic Turnaround:  Job Creation and Fiscal Stability, There Is A Precedent".  And once again the republicans in congress are on the sidelines trying their best to hinder the economic recovery that is taken place. 

If the republicans in the U.S. House had passed the President's jobs bill that they have been sitting on for over a year, the nation just may have attained full employment by this time.  Their attitude of openly opposing the President's policies because they wanted to make him a one term President was and is an act of treason.  As I have written many times in the past, republicans obstruct because they themselves have no record on the economy that can compete with democratic administrations.

Yes America, the country and its people have always been better off with a democratic in the White House and if the people learn from the past their future is bright.  Never forget that if President's Reagan, Bush 41 and Bush 43 had balanced the federal budget like President Clinton did, deficit spending and the national debt would not be a problem today.  And if you listen to the republicans talk today they want the middle class to pay for the deficit spending and debt those three republicans ran up during their 20 years in office.

Commentary written by John Lucia

"POLITIDOSE' Was There From The Beginning

"Politidose", your daily dose of political commentary was started by my grandson during the 2008 Presidential campaign.  He did so because he believed there should be a source of political expression outside the  main street media and the beltway so the average person could comment on the campaign and make their thoughts known.  He invited me to write political commentary because he knew I loved and followed politics and I have been sharing my thoughts in politidose since.

If one takes the time to read politidose all the way back to its inception you will find political commentary that talks about events that are in the news today and were predicted as far back as 2007.  The transfer of wealth from the middle class to the wealthy, republicans inability to balance the federal budget, federal spending, the national debt, deficit spending, job creation, the Iraq war, the economy, the unAmerican ideology practiced by the leaders of the republican party today and corporate greed are only a few examples. 


Those in the major news media and cable TV have been late in their reports to the people on the subject matter that was already published here in politidose and in many cases have been just plain ignorant.  The Sunday talk shows could learn a lot about facts and would be better prepared if they read politidose to answer the false charges their guest make on their shows.

There are many firsts for politidose that the readers are familiar with especially concerning the economy and unemployment while the pundits were predicting unemployment to stay above 9% all of 2011 and 2012 politidose was on target and pointed out it would be closer to the 7% range by election 2012.  It was also pointed out how the Obama administration would move the country and its people out of the second great republican depression.  Yes, for those who really care, understanding the past is still the key to the future.

This commentary written by John Lucia