The
December jobs report was truly awful, with 74,000 non-farm jobs created
and the labor-force participation rate at a 35-year low. Liberals --
the same bunch who insist that the climate is warming at an alarming
rate -- were quick to point to cold weather as a factor discouraging
job-creation. They also insisted that the jobs numbers are volatile and
that they might be better next time. Of course, they might be worse.
Regardless,
nothing can hide the fact that Obama's job-creation record has been a
disaster. Having "focused like a laser" on job growth several times in
the past, Obama reportedly plans to do so again in his State of the
Union address on January 28.
Interestingly enough, jobs and the economy were the centerpiece of Obama's State of the Union speeches in 2010, 2011, 2012, and 2013. And
each year, the labor-participation rate and net number of jobs declined
as a greater number of discouraged workers gave up than found
jobs. For 2014, it's more of the same: empty words, a new initiative
("promise zones"), and no result.
Ironically,
the only sector that has seen strong and persistent job growth since
2008 has been oil and gas. Ironic, because Obama has done all he can to
slow domestic oil and gas production by expanding regulation,
restricting leasing of federal lands, and proposing huge tax increases
on the sector.
http://www.americanthinker.com/2014/01/no_cheers_for_oil.html
Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
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