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Cagle Post: The Obama Recession

July’s unemployment numbers were curiously lauded by some in the press on Friday morning, but the reality of the job market is still grim. The unemployment rate fell by only .1 percentage point, from 9.2 to 9.1 percent and an unimpressive 117,000 jobs were created. Under President Obama’s watch, the unemployment rate has been 9 percent or above for 25 of the first 31 months of his administration. Since the failed stimulus bill was passed – which was promised to keep the unemployment rate below 8 percent – the unemployment rate has been 9 percent or above for 25 out of those 29 months.

In 2008, a majority of Americans chose a big-city liberal politician to fix the U.S. economy. President Obama and Democrats in Congress unleashed a wave of spending that led to our current $14.3 trillion national debt. Big-city liberals create government handouts, they do not create jobs. The uncontrolled spending has not worked and has only made the problem of job growth worse.

The net effect of the failed Obama policies is that a record 45.8 million Americans are on food stamps today. These working families have been shut out of the job market due to the Obama recession. President Obama has said time and again that he will pivot to focus on job growth. In November of 2009, President Obama said that it was the “overriding focus” of his administration to create jobs. Those words have rung hollow as American families continue to search for jobs.

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