8.2% Unemployment. This Is Obama’s Economy. He Said So.
The May unemployment numbers are out and they’re a mess. Obama’s failure is complete. As Jim Pethokoukis explains:
The May jobs report was a complete and utter disaster for the economy and, perhaps, President Obama’s chances for reelection.
Employers created just 69,000 jobs last month, the Labor Department said on Friday. That’s the fewest since May of last year. Economists had been expecting nonfarm payrolls to increase by 150,000. (In fact, the result was lower than what any economist polled by Reuters had predicted.)
Jim provides and updated Bernstein-Romer chart to highlight Obama’s promises with what actually happened:
As you would imagine, Team Obama was out quickly with excuses. Leftists everywhere were blaming Republicans for the numbers despite the fact that it’s the Democrats who have been blocking pro-growth bills the GOP-led House passed – they’re sitting on Harry Reid’s desk.
The fact is Obama’s policies have failed. One could argue that things would be even worse had the GOP not taken over the House in 2011 and stopped the Democrats from implementing their agenda further.
This is Obama’s economy. FORTY straight months of unemployment over 8%. But don’t take my word for it. Back when Obama had gotten his stimulus passed, and was feeling all cocky about the “success” – when he thought the projections illustrated in the chart above were going to come to fruition – he, not us, took full ownership of this economy. Watch:
So all you Obots out there acting like this is the GOP’s fault, stop. Direct your anger at the guy who let you down: Obama.
We had nothing to do with it.
Here’s a rapid response ad from the RNC that’s worth watching, too.