This summer President Obama has attended a bumper crop of political fundraisers, now more than 400 since taking office. He claims he wants to work with the House Republicans he mocks as "hatin' on" him. And, of course, Obama boasts of creating new jobs.
In his weekly remarks last Saturday and almost every other week, Obama has declared something like: "Our economy created over 200,000 new jobs in July. That’s on top of about 300,000 new jobs in June." He asserts there would have been even more had it not been for those you-know-who's in the House.
The economy is by far the most important factor controlling Obama's weakening job approval, still underwater at 41%. Approval of his economic job is even worse. So, he grabs at any seemingly positive job news, hoping to mitigate damage in November's midterm elections.
Those new monthly job figures he cites are true, as far as they go.
But as usual with this Chicago pol's declaratory statements, there's much more hidden than revealed.
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According to the latest figures from their own Department of Labor, since Jan. 20, 2009, that chilly first inauguration day, 11,472,000 Americans have left the workforce.
That's as if every living human being in the state of Ohio was working and then wasn't. Or the entire population of four Chicago's. Or 14 San Francisco's. Or almost 18 Washington, D.C.'s went jobless.Read the full story HERE.
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