Quick Hit from The Rachel Maddow Blog’s Steve Benen.
During the month of November, the US economy performed at a level comparable to the latter years of the Clinton Era. The November jobs report continued shining negative light on GOP economic policy while figuratively placing GOP obstruction to Obama policies on trial for sedition. Unemployment remains just below six percent and job grow exceeded 300,000. And one cable news network managed to avoid coverage of the economic news beyond a quick news report. We know which network down-played the good news via avoiding the story, If for some reason you are puzzled as to which network, look-over the following list and take a guess: A. MSNBC, B. CNN, C. Fox News.
Since the 3rd Quarter of 2010 US job growth has shown positive numbers with unemployment as charted below….
2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975 1974 1973 1972 1971 1970 1969 1968 1967 1966 1965 1964 1963 1962 1961 1960 1959 1958 1957 1956 1955 1954 1953 1952 1951 1950 1949 1948 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975 1974 1973 1972 1971 1970 1969 1968 1967 1966 1965 1964 1963 1962 1961 1960 1959 1958 1957 1956 1955 1954 1953 1952 1951 1950 1949 1948
Trading Economics.com
Trading Economics.com
|
Fire Shot screen capture w/highlight via The Pardu |
One more….. Dueling recoveries. Obama vs. Bush!
The charts literally mock GOP economic policy, while pointing a finger at GOP obstruction while exclaiming “History will tell the story.”
Now for Benen’s Job Growth charts.
As is customary, Benen’s monthly Job Growth charts are accompanied by job(s) revision reports from previous months: Linked here.
When President Obama stated the mid-term elections would in part involve votes on his policies he was correct. It is sad progressives, liberals and certain voting blocks did not visit the voting booths. Millennials voted at 13% of eligible voters. I also suspect the African-American vote fell shy of expectation.
var icx_publication_id = ‘14291’; var icx_copyright_notice = ‘2014 TheProgressiveInfluence’;