Former Obama economic adviser on jobs report: What did you expect from our measly growth rate?
Aurora
2012/08/03 17:10:48
How goes the post-jobs report spin for Barack Obama, his administration,
and Democrats in general? After all, the number of jobs added
(163,000) wasn’t bad, especially considering that the previous three
months averaged only half of that number. One might expect apologists
for the Obama White House to hail that number as “a step in the right
direction,” the facepalm claim from Obama himself after a lousy jobs
report for June. One might expect that even from someone who used to
work for President Obama on the very economic policies that puts us in
position to think of a treading-water job-creation level as relatively
good news. However, Austan Goolsbee dispensed with the spin on CNBC
earlier today, arguing that this was as good as we could expect from our
“measly” growth rate:
http://hotair.com/archives/2012/08/03/former-obama-economic-a...
and Democrats in general? After all, the number of jobs added
(163,000) wasn’t bad, especially considering that the previous three
months averaged only half of that number. One might expect apologists
for the Obama White House to hail that number as “a step in the right
direction,” the facepalm claim from Obama himself after a lousy jobs
report for June. One might expect that even from someone who used to
work for President Obama on the very economic policies that puts us in
position to think of a treading-water job-creation level as relatively
good news. However, Austan Goolsbee dispensed with the spin on CNBC
earlier today, arguing that this was as good as we could expect from our
“measly” growth rate:
http://hotair.com/archives/2012/08/03/former-obama-economic-a...
Opinions
Leave a comment and start the discussion!