The U.S. Economy Continues Its March Forward As The Unemployment Rate Falls

The U.S. Labor Department reported the U.S. economy created 271,000 new jobs in October, the 68th straight month of positive job growth.  The unemployment rate came in at 5% down from the 5.1% in September.  In a separate notice the Department reported that claims for unemployment insurance are near the historical lows.

The unemployment rate of 5% was the lowest since April of 2008.  When President George W. Bush left office in January of 2009 it was 7.8% which was up from the 4.2% when he took office.  The 5% rate is a dramatic turn around from what happened during the previous republican administration.  The President needs to continue to push congress to pass his proposals that will keep the economy and job creation moving forward.

This commentary written by Joe Lorio

Bush 41, Bush 43, Jeb, Cheney, Rumsfeld, The News Media And A New Book

The news media jumped on the story of a new book about former President George H. W. Bush and what he thought about two top members of his son's administration, V.P. Dick Cheney and Secretary of Defense Donald Rumsfeld.  The book alleges that the elder Bush used the words iron ass, hawkish, arrogant and etc., to describe Cheney and Rumsfeld.  That Cheney had his own empire and that neither served President George W. Bush well.  As a result "W", Jeb, Cheney and Rumsfeld all came back with their rebuttal.

The news media tried to make the story some thing it was not.  In fact it was a non news story because the people and the country was exposed too and lived through the lies of President George W. Bush, Cheney and Rumsfeld.  The real story is why did the elder Bush wait so long to express his anger.  Maybe, just maybe he could have prevented an unnecessary war in Iraq over WMD that did not exist had he spoken up at the time.  The fact is "W" was arrogant also but no father would ever say that about his son.

When the book comes out about the elder Bush for the public to read the people will be able to judge for themselves if the former President's words were meant to rewrite the history of his son's administration.


This commentary written by Joe Lorio