Obama’s Economy To Defend

How’s Obama doing?

  1. Unemployment, which at 8.3 percent is the highest this long after a recession ended.
  2. 8.8 million jobs lost, just over 4 million jobs created.
  3. Long-term unemployment a “national crisis.”
  4. Adjusted for inflation, wages have fallen 0.8 percent.
  5. Economic growth has never been weaker in a postwar recovery.
  6. Falling home prices have slashed home equity.
  7. Consumer spending has never been so slack. Only once has job growth been slower.
  8. Growth-chilling uncertainty.

And that doesn’t include energy and its cost. Anyone would look at this and say, ‘Yeah, I’ll vote for more of that!’

Rare act of journalism committed by AP.