Wednesday, September 5, 2012


On the Democratic Campaign Trail and at the Democratic National Convention there is a lot of highlighting of the 4,500,000 jobs created during the Obama Administration. An article at has revealed that the 4.5M jobs number is correct, BUT only for a part of the Obama Presidency.

The Key Note Speaker, San Antonio Mayor Julian Castro, Former Obama Chief of Staff and now Chicago Mayor Rahm Emanuel, and Massachusetts Gov. Deval Patrick, who followed Mitt Romney as Governor in Massachusetts all echoed the Great Jobs Creation Record of 4,500,000 jobs created during the last four years.

Anyone listening would get the impression that the Obama White House has been responsible for a real positive job growth. But as this article CNN Fact Check: About those 4.5 million jobs ...  makes clear
The figure of 4.5 million jobs is accurate if you look at the most favorable period and category for the administration. But overall, there are still fewer people working now than when Obama took office at the height of the recession.
The 4.5M number is only accurate for the period from January 2010 to the present. Considering the whole period of the Obama Presidency
... it's only a net gain of 300,000 over the course of the Obama administration to date.
UPDATE: Guy Bensen provides some interesting facts. Team Obama: Oh, You Bet Americans Are Better Off Today

Unemployment: 7.8% then, 8.3% now
Median income: $54,983 then, $50,964 now
Gas prices: $1.85 per gallon then, $3.78 now
National debt: $10.6 trillion then, $15.9 trillion now (with the debt hitting the magic $16 Trillion mark tonight, appropriately)
Half of all Americans are now considered "poor" or "low income."
One out of every six Americans is living in poverty -- an increase of millions since Obama took office.
Food stamp usage has increased by 45 percent under this president.
Average family health care premium costs have increased to roughly $15,000 per year.

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