The Comeback Kid? President Obama
The Comeback Kid? | MSNBC
Exactly one month ago today, President Obama, at least on a surface level, looked like he was in a very discouraging place. A day earlier, the Republican Party had not only scored a series of big wins in the 2014 midterms, the White House was confronted with the realization that the GOP would dominate control of Congress for Obama’s final two years.
The president was quickly dismissed as the lamest of lame ducks. But as Eric Boehlert noted yesterday, quite a bit has happened over the last month.
For a “lame duck” politician who’s supposed to be licking his wounds after the Democratic Party’s steep midterm losses, President Obama these days probably doesn’t mind scanning the headlines each morning. Instead of confirming the slow motion demise so many in the pundit class had mapped out for him, the headlines paint a picture of a president, and a country, in many ways on the rebound.
Boehlert published this yesterday, before the great new job numbers released this morning.
Since midterm elections, Obama on a roll
All In with Chris Hayes, 12/2/14, 8:45 PM ET
Hum…#DLU_US! You would have to be an idiot, blind or conservative Republican; viewing the U.S., through the lens of conservatism not to see the economy growing. Take your blinders off and see that gas prices are dropping, more cars on the roads, the stock market above 18K, 57 straight months of continued private sector job growth since 2009…Get the facts: The Employment Situation in November
FIVE KEY POINTS IN TODAY’S REPORT FROM THE BUREAU OF LABOR STATISTICS
1. The private sector has added 10.9 million jobs over 57 straight months of job growth, extending the longest streak on record.
2. Total employment has risen by 2.65 million in the eleven months this year, already totaling more jobs than in any full calendar year since the late 1990s.
3. The pickup in the pace of job growth in 2014 has been in industries with higher wages.
4. While many retailers add additional workers to accommodate heightened customer traffic during the holiday season, the magnitude of holiday hiring differs substantially across retail sub-sectors, and seasonally adjusted data give a more accurate picture of the economy’s performance.
5. Many major sectors saw particularly strong job gains in November.