President Obama hit Republicans with the cold hard facts about his job creation record, which Republicans can only dream of matching.
RNC Chairman Reince Priebus responded to the news of historic Obama job creation by saying, “Creating 300,000 jobs in one month shouldn’t be a new high; it should be the minimum we expect. Today’s jobs report shouldn’t be an aberration; it should be the norm. Sadly, it’s not.”
The president responded to the Republican criticism with a dose of reality.
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The president said,
Last month, America’s businesses created more than 300,000 jobs. This keeps a pace so far this year that we have not seen since the 1990s. So far this year, over the first 11 months of 2014, our economy has created 2.65 million jobs. That’s more than in any entire year since the 1990s. Our businesses have now created 10.9 million jobs over the past 57 months in a row. And that’s the longest streak of private sector job growth on record.
We also know that the pickup in the pace of job growth this year has been in industries with higher wages. And overall, wages are rising — a very welcome sign for millions of Americans. So we’ve got an opportunity to keep up this progress if Congress is willing to keep our government open, avoid self-inflicted wounds, and work together to invest in the things that support faster job growth in high-paying jobs. That means exports, infrastructure, streamlining our tax code, immigration reform, giving minimum wage workers a raise.
President Obama’s economy created over 300,000 jobs in a month, whereas George W. Bush averaged 58,000 jobs created per month during his presidency. Priebus said that the economy should at minimum create 300,000 jobs per month, but during the Bush years job growth only grew by 300,000 or more six times. George W. Bush also lost 300,000 or more jobs six times during his presidency.
The president delivered a dose of hardcore reality by highlighting the fact that he is doing something that Republican Party failed to do. Republicans created the Great Recession, while this president has dug the country out of the depths of economic despair.
Obama has accomplished this feat while being saddled with a Republican controlled House that has spent their days trying to devise ways to wreck the economy. Beyond the basic job creation numbers, President Obama has overcome Republican obstruction and gotten the economy back on the right foot.
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