Last Friday, after the July employment numbers, I wrote about how over three quarters of the jobs created so far in 2013 were part time and further how the Obama economy had only managed to pick up fewer than 250,000 full time jobs so far this year. Today, the Washington Times has taken those numbers further back. Since Obama took office in 2009, there has been a net increase on only 225,000 full time jobs while there has been an increase in part time jobs of 1.9 million. Let's be clear what this means.
1. When Obama took office in 2009, the economy was shedding jobs at an alarming pace due to the recession. That recession ended in June of 2009, however, so it is now four years of "growth" and "recovery" for America under Obama. During those four plus years, the country has not even come close to getting the number of full time jobs back to where it was before the start of the recession in 2008. Even if one only considers the already low number of jobs in place when Obama took office, one finds that the USA has only slightly more full time jobs now than then even though the population of the country is up by about and estimated 14 million people during that time. It is a terrible record.
2. Part time jobs do not replace full time work for most people. Sure, some folks who retire want to continue to work part time, but that is not what is at work here. No, what we are seeing is companies that do not want to take on a full time worker either because of uncertainty about new government regulations, future economic policies or taxation levels. Working part time at McDonalds just does not cut it if one is trying to pay the rent.
3. The economic policies being followed by the USA are still those put in place by Obama during his first two years in office when the Democrats were in total control. There has been some mild alterations after the GOP took the House in 2010, but for the most part, the Republicans have only been able to stop further forays into destructive spending policy rather than to roll back much of the waste and abuse pushed by Obama and the Obamacrats. No amount of spin by Obama and his allies in the press can change this.
1. When Obama took office in 2009, the economy was shedding jobs at an alarming pace due to the recession. That recession ended in June of 2009, however, so it is now four years of "growth" and "recovery" for America under Obama. During those four plus years, the country has not even come close to getting the number of full time jobs back to where it was before the start of the recession in 2008. Even if one only considers the already low number of jobs in place when Obama took office, one finds that the USA has only slightly more full time jobs now than then even though the population of the country is up by about and estimated 14 million people during that time. It is a terrible record.
2. Part time jobs do not replace full time work for most people. Sure, some folks who retire want to continue to work part time, but that is not what is at work here. No, what we are seeing is companies that do not want to take on a full time worker either because of uncertainty about new government regulations, future economic policies or taxation levels. Working part time at McDonalds just does not cut it if one is trying to pay the rent.
3. The economic policies being followed by the USA are still those put in place by Obama during his first two years in office when the Democrats were in total control. There has been some mild alterations after the GOP took the House in 2010, but for the most part, the Republicans have only been able to stop further forays into destructive spending policy rather than to roll back much of the waste and abuse pushed by Obama and the Obamacrats. No amount of spin by Obama and his allies in the press can change this.
No comments:
Post a Comment