FYI Mr. President, Losing Jobs is Bad

Tuesday, August 11, 2009 12:47 PM by Mattie Duppler

Forget moving the goal posts – leading Democrats are just plain confused. As Keith Hennessey points out on his blog, last week the President claimed the country was headed in a “new direction,” pointing to a slowed rate at which the U.S. is shedding jobs. If you’re a numbers person, I suggest you check out the graphs Hennessey has on his blog which illustrate the extent to which the President got it wrong, because while not shedding them as fast as before, the United States is still losing jobs - which would indicate the same, wrong direction - and not gaining jobs, which would be the right direction.

What’s more, the animosity towards town hall participants isn’t the only flip-flop we’re seeing from the Bush era. In 2005, Pelosi went to great lengths to blast the administration, stating:

“Today's anemic jobs numbers confirm that President Bush has still failed to create a single new private-sector job since he became President. He continues to be the first President to lose jobs on his watch since Herbert Hoover. Yet Republicans remain in denial. On Tuesday, the President declared that he is satisfied with our economy and that 'our economy is strong.' But Democrats are not satisfied. And more importantly, Americans are not satisfied.”

The only thing that remains true today is that indeed Americans are not satisfied. Instead this time, Barack Obama is in office and his political allies are scurrying for cover under whatever metric they deem appropriate to construct a reality that doesn’t exist. Things may not be as bad as they were, but they’re far from pointing in the “right direction.” Just ask the 247,000 people who lost their jobs between June and July. 

H/T: Commenter EJM on Keith Hennessey’s blog

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