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Obama Economic Policies “Worked” – If the Goal Was to Cut Full Time Jobs and Increase Unemployment

July 25, 2012 — The Jobs Search   

Rhetoric
“Discussing his economic policies at a fundraiser in Oakland, California, last night, President Obama, told supporters that ‘we tried our plan and it worked.'”(Washington Examiner, “Obama on the economy: ‘We tried our plan and it worked’,” July 24, 2012)

Reality

   January 2009 June 2012
 Change
Full Time Employment   115.830 million  114.573 million  -1.257 million
Unemployed  12.049 million  12.749 million  +700,000
Not in Labor Force  80.502 million  87.992 million  +7.490 million

Source: Department of Labor, Bureau of Labor Statistics.

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SUBCOMMITTEE: Work and Welfare    SUBCOMMITTEE: Full Committee