Twitter

Job Numbers Improve In February

According to the Bureau of Labor Statistics, things are continuing to slightly improve. Via Politico:
The economy added 227,000 jobs in February and the unemployment rate held steady at 8.3 percent, the Labor Department reported Friday.
This represents the best continued economic growth that our economy has seen since 2009.

I'm at home today, so the only real reaction that I've seen has been on the Twitter-space. And the reaction has been painfully predictable...

For the most part, people who identify themselves as Democrats/liberals are cheering. They view this report as a tacit endorsement of President Obama.

Conversely, those folks who identify themselves as Republicans/conservatives -- or more strongly, opposed to anything that President Obama does -- are jeering. My Twitter feed is chock full of conservative wrath for this President -- so it's no surprise when I see a seemingly unrelenting flow of criticism as it relates to our nation's economic state.

Here's where I have a problem; if you are going to hammer the President over "failed economic policies" when they are indeed failing, that's fine. But, when it appears that things may be making a turn for the better, you should say so.

Or, at the very least, shut up.

Take the press release from the Republican National Committee, for example:
WASHINGTON - Republican National Committee (RNC) Chairman Reince Priebus released the following statement on the February unemployment report:
"Today's jobs report is yet another reminder that far too many Americans are out of work, and the situation is clearly not improving. Millions of families continue to feel the pain of the sluggish Obama economy and the rising cost of gas, groceries, and healthcare. They are still waiting on President Obama to keep his promise of an economic recovery," said RNC Chairman Reince Priebus.

[snip]

"President Obama's record of broken promises, failed policies, and misplaced priorities has severely damaged the American economy. It's time America elect a president who will implement pro-growth policies to restore economic opportunity."
So, when things are bad, you blame the President. But, when things are starting to get better, you blame the President.

That doesn't seem to make much sense to me.

As tweeted by southpaw:
I don't understand Priebus's statement. After last month, more people had jobs. How is the situation not improving?
. Indeed.

I'm not ready to celebrate an economic "full recovery", but things are certainly looking better. Let's just hope that the economy continues on its current trajectory.