The June jobs report came out last week and the numbers were as disappointing as the tragic Cruise-Holmes divorce. Disappointing yes. Surprising, no.
Alan Krueger, chairmen of Obama’s economic advisors explained simply that the unemployment rate was, of course, Bush’s fault.
“While the economy is continuing to heal from the worst economic downturn since the Great Depression, much more remains to be done to repair the damage from the financial crisis and deep recession that followed.”
June was no exception, because he says that same thing every single month.
But, if you’re still blaming the last guy, it’s probably important to actually compare your record to his. Simply put—are you better off than you were four years ago?
Since Obama took office, the government has released the unemployment rate 42 times. Of those 42 releases, the rate has been worse than it was four years before exactly 42 times. In other words, at least as far as employment, the Obama presidency has given us exactly zero months that were better than four years ago. Zero.
For those who are not mathematicians out there, that is a one hundred percent failure rate. New Slogan?
Barack Obama. One hundred percent failure.