The Labor Department reported the economy created 178,000 jobs in November and the unemployment rate fell to 4.6% from the 4.9% in October. Wages rose 2.5% and continued their upward trend. The good news for the country and its people continue unabated on top of the recent GDP report for the third quarter that showed the economy grew 3.2% for the third quarter.
President Obama's policies have accomplished much for the country and the people and will leave office in less than 60 days with the second best job creation record next only to President Clinton's record job creation. Obama's stimulus package early in his first term passed by the democratic controlled congress worked because the money was granted to the states so they could invest in infrastructure and other projects that would create jobs and lower the unemployment. The republicans in congress opposed the stimulus and their ideology is the reason republican administrations have been a disaster for the economy and job creation.
And the news media has done a disservice to the country and the people for the past 8 years. Instead of reporting on the positive things that have happened, they took up with the republicans and Trump and spread their lies and falsehoods about the economy, jobs, the unemployment and the war on terror. Instead of being an informed news media, the media became an ignorant show place of deplorables.
History will serve President Obama and his administration well and his accomplishments will be written down in that history never to be erased by a news media that has gone completely out of control.
This commentary written by Joe Lorio
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