“Do Republicans Really Want To Compare?”: America Is Definitely Better Off Under Obama
Republicans seem to have hit on a question that has Team Obama fumbling, or at least squirming: Are you better off now than four years ago? Judging by my E-mail inbox yesterday, it’s a question Republicans seem genuinely interested in pursuing. Please do, GOP. It’s a trap.
I say this for two reasons. The first is factual, the second political.
On the matter of facts, when President Obama took office in January 2009, the economy was shedding 800,000 jobs per month. Stop for a second and read that again: 800,000 jobs lost per month. The economy has now added private sector jobs for 29 months running.
Does that mean that things are good? Not at all. The topline unemployment figure has worsened even as the overall economy has improved, and we still haven’t emerged from the jobs crater wrought by the Great Recession. But middling job growth is indisputably better than economic free fall.
More: As Time’s Michael Grunwald points out the economy shrank by an annual rate of 8.9 percent in the fourth quarter of 2008. At that rate, Grunwald writes, “we would have shed the entire Canadian economy in 2009.” Grunwald, who has written a book on Obama’s stimulus, goes on to make a pretty good thumbnail case about why that jobs plan did in fact work, as well as generally why Obama and his advocates have a lot to be proud of—the post is worth a read.
But it brings me to my second point—why the GOP is walking into a trap if they pursue the “better off” question. Look back at the figures quoted above: 800,000 jobs lost per month; an 8.9 percent annual contraction rate. Is that really the point of comparison to which Mitt Romney and the Republicans want to draw Americans’ attention? Please. Please!
Republicans constantly whine about President Obama pointing to the dreadful circumstances of his ascension to the Oval Office—but now they want to invite the comparison? Really? Really!
I understand that the president and his team have to toe this line carefully—we’re still digging out from George W. Bush’s recession. But Jon Favreau and the presidential speechwriting staff, are you paying attention? If the GOP wants to ask whether the country is better off than it was four years ago, then the answer is a no-brainer yes, and I can’t think of a better person or place to give that answer than Barack Obama on Thursday night.
By: Robert Schlesinger, U. S. News and World Report, Washington Whispers, September 3, 2012
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The answer is hell yes. We are out of Iraq and we are drawing down our troops in Afghanistan. Bin Laden is dead and al-Qaeda is on the run. The economy is improving slowly from the Great Recession. Too many are still unemployed and the housing bubble is not over. Who shall we thank for the state of the economy? Republicans in Congress who have attempted to block every one of President Obama’s initiatives.
We can rightly blame GW Bush and Alan Greenspan for not preventing the Great Recession and the housing bubble. After 3-4 years, Barack has rightly taken ownership of the economy. He acted to prevent it from becoming the Great Depression 2. It seems that most people don’t realize how bad the economic situation was and capable of becoming. Too many believe the GOP mantra that it is Obama’s fault, while the GOP are doing everything in their power to prolong the slow recovery until after the election. It is the same strategy used by the CIA under Nixon’s direction to overthrow the Allende government in Chile in 1971. Now the people of the US are learning what it is like to be on the wrong end of economic warfare.
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