Is there any light at the end of the tunnel
Posted on May 4 2012 at 11:45:44 AM in Employment & Work
Mitt Romney came out with his own take on the recent unemployment numbers and unlike the Democrats notion that these were positive numbers for the president, Romney declared that they were in fact disappointing. While the numbers have improved from what was previously reported they are not qualified to be considered as an improvement, especially when you consider that scores of people decided to give up looking for work. It is also not enough when you consider that the numbers have steadily remained above 8% for upwards of 3 years.
Lets be clear, I agree with Romney as far as the lagging numbers and the poor state of the economy is concerned, in fact I have said on more than one occasion that this president was way too laid back about trying to get this country back to work. It seems that he was more interested in his own healthcare reform, otherwise known as Obamacare. The problem is that conservatives will never give credit to our fearless leader for anything he accomplished, especially in an election year.
There is good news for the Obama administration as the unemployment dropped to 8.1 percent, which is in fact a three year low for this country. These promising numbers caused the government bonds to dip slightly as the dollar also showed sign of weakening. Reports indicate that employers in the United states increased their hiring to include 115,000 more jobs, none of which were farm related. Even with such a decent increase it did not hit the projected amount of 170,000 that economists had previously predicted.
These employment numbers are obviously good news for the country and our beloved leader, but if you ask our republican leader’s like John Boehner his response would be “more evidence President Obama’s policies aren’t working for families and small businesses, and aren’t creating enough jobs to get our economy back on track.” I believe in giving credit where it is due, however it concerns me that as a country we are taking this long to get back on our feet.