Freedom Line Blog

Ironically, the Obama Administration projected when he entered office that unemployment wouldn’t exceed 8% after his massive spending “stimulus.”  Instead, the rate has exceeded 8% for 38 consecutive months, the most since the federal government began keeping records.  Over three long years.  Of course, Obama can at least claim something on which he has proved reliable.

Today, the Labor Department announced that only 120,000 new jobs were created last month, well below expectations of over 200,000.  That number is insufficient to reduce unemployment by even a single percentage point over a year, and the only reason the rate fell from 8.3% in February to a still-miserable 8.2% in March was that more people gave up and abandoned the workforce altogether.  Under Obama, we have witnessed record spending, record deficits, record regulation and record hostility toward private employers.  So what does he have to show for that?  As detailed this week by The Wall Street Journal, the worst economic recovery in history.  Those straightforward facts speak for themselves.