Another 214K Jobs and a Jobless Rate of 5.8%
 

http://www.washingtonpost.com/blogs/...rcent/?hpid=z1

October posts another good month under President Obama's leadership.

214,000 jobs and 5.8% unemployed. :)

"The U.S. is on pace for its sharpest year of labor market expansion in 15 years after another month of robust job growth, according to government data released Friday, in the latest reassuring sign about the pace of the economic recovery.
With 214,000 jobs added in October, the unemployment rate ticked down to 5.8 percent, the lowest level in six years, even as more workers entered the job market.
The latest data suggests that the slow march out of the Great Recession is gaining traction and stands in noted contrast to a wave of discontent that helped Republicans sweep a round of midterm elections this week. Though wage growth has been sluggish in recent years, Americans — helped by falling oil prices — are seeing their purchasing power rise while jobs come back." WaPo

Just in time for the GOP to start claiming they were responsible for it.

Ya think? They'd never stoop so low.;)

I just heard that it was the longest stretch of monthly job growth over 200K since 1995.

True dat. :mad: They've already been claiming the 100 pt. bump in the DOW.

Douchebags.

I have a close friend, a die-hard republican who truly believes that the economic boom under President Clinton is a direct result of economic policies enacted by Reagan. Not even open for discussion, that's how deep his conviction is.

That's not surprising. Every single Republican believes that way.

The only modern Repub president since Lincoln, (that I know of) who did some real good for the country was Ike. Every one since has been a poser or a bumbling fool. GHWB was essentially a good man far out of his depth.

He was less out of his depth than Obama, IMHO. Plus, he had an excellent cabinet. His son, OTOH ...

Aside from Watergate, Nixon wasn't a complete fuck-up (though this reminds me of the phrase "Other than that, how did you enjoy the play, Mrs. Lincoln?")

Does our Whell believe this? Or do I need to take your word for it? :)

I'd bet the farm.;)

I probably should have added that GHW had a great big pile of manure left on his plate by the Reaganauts and the evangelistas but given his bluenosed Yalie Connecticut upbringing and his tenure in the CIA, I was loath to trust him. I did appreciate how he handled the first Gulf war, it took great big balls not to press his luck by heading into Iraq after Swartzkopf cleared Saddam's Republican guard out of Kuwait.
No offense Pat but the gaping hole left for Obama to fill was magnitudes worse than what Old Man Bush faced and Obie won twice by some pretty historic numbers.
He's more moderate Republican than anything else, imo. That's his real problem and well, the wack right 'baggers in the House and Senate.

I like Obama as a person and generally agree with his policies, at least when compared to those of today's GOP, particularly the Tea Party wing (to the extent they have any policies). He just lacks the experience and executive/leadership skills to get the job done. Not everyone is cut out to be a good executive. In fact, few are. The gutlessness/fecklessness of the Congressional Democrats didn't exactly help his cause either.

Gawd, I wish there more real conservatives like you Pat. I really do, man.

We can disagree on issues but you don't have a head fulla concrete and rebar like some of the other conservomaniac guys and gals I run across. It must be your engineering background or something, (other than the heavy metals leached by acid rain in that Maryland drinking water you folks have.):rolleyes:

First round is on me at the Olney Ale House if I ever get back to Md. again.
Hmmm, the wife keeps threatening me with a trip to Bridgeport, Conn...
Ya never know, mebbe in the spring.