The Hole is Getting Smaller

The president’s feeling kinda good:

President Barack Obama on Saturday said December’s job report shows the economy is trending in the right direction as he urged businesses to take advantage of temporary tax breaks to lift the economy.

“We know that these numbers can bounce around from month to month,” the president said in his weekly radio address Saturday, referring to a jobs report released Friday showing the unemployment rate fell though the economy added fewer-than-expected jobs. He added, “We saw 12 straight months of private-sector job growth–the first time that’s been true since 2006.”

The president has continually touted private-sector job growth to bolster his case that his administration’s policies have benefited the economy. “Now we’re seeing more optimistic economic forecasts for the year ahead, in part due to the package of tax cuts I signed last month,” Mr. Obama said.

Republicans, meanwhile, are trying to take ownership of the tax package…

And why not?

Look at private sector job growth under his watch (the red bars are from Bush’s presidency).

He’s digging us out of the hole.

Author: BooMan

Martin Longman a contributing editor at the Washington Monthly. He is also the founder of Booman Tribune and Progress Pond. He has a degree in philosophy from Western Michigan University.