Wow. To recap, the chart shows that the economy has now replaced the roughly 4.2 million jobs lost since President Obama took office in January 2009.Let me repeat myself:
As of April, there are now more private sector jobs in the United States than there were in January 2009, when President Obama took office. You read that right. We have now replaced all of the private sector jobs lost while Obama has been president. And that was no mean feat, given that over the course of 2009, the private sector shed about 4.2 million jobs.
Unfortunately, the news is not nearly so good when it comes to the public sector, where there are currently 607,000 fewer people working than there were when President Obama took office.
You dig? Yes, it took 3 years and 4 months to get there, but we've recovered the jobs lost since then. This is what the media will not tell you. This President's policies created 4.2 million private sector jobs in a bit over 3 years.
The problem is in 2008, the final year of the Bush Presidency, we lost another 2.6 million jobs. So now we have to dig out of that hole, plus the 600k public sector jobs lost at the state and federal level, so 3.2 million still to go and some change.
If you honestly believe Mitt Romney's economic policies (the same Bush policies that cost us nearly 8 million jobs only with more tax cuts for the rich) are the answer, then by all means, vote for the guy. I'm thinking that a second Obama term is going to see a significant recovery.
I hope.
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