President Obama said Friday that data showing the U.S. economy added
242,000 jobs in February shows that “plans we have put in place to grow
the economy have worked.”
“America’s businesses are creating jobs at the fastest pace since the
1990s. America’s workforce is growing at the fastest pace since the
year 2000. It is showing the kind of strength and durability that makes
America’s economy right now the envy of the world,” he said.
“Right,” wrote John. S. Roberts on Young Conservatives. “Nothing says you care about your fellow Americans like implementing job killers like Obamacare.”
“How can he explain his choice of words to the 90 million-plus who
are out of work?” Roberts wrote. “How can he explain his words to the
most Americans on food stamps the nation has ever seen?”
Obama maintained that “the facts don’t lie.” However, there are other
numbers not trumpeted by the White House that attracted the attention
of Financial Times writer Shawn Donnan, who said the trends at work below the headlines show why the economy is a seething issue for average Americans.
Although the official national unemployment rate in January was 4.9
percent, the labor utilization rate — which counts individuals not
officially registered as looking for work and those working part-time —
is 9.9 percent.
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