Obama Spins His Wheels with Economy Stuck in First Gear

While the economy continues to sputter, America’s fiscal house continues to hemorrhage debt


No news is good news–except when it means that the story about America’s slow-moving economy remains the same. A new report this morning from the Department of Labor shows that despite all of President Barack Obama’s promises and policies to grow the economy, there are still 14 million unemployed Americans. Meanwhile, the President is still spinning his job creation wheels, signing executive orders and pushing for misguided and expensive policies that lack support in Congress.

The word from the monthly jobs report shows that unemployment was little unchanged at 9 percent in October, with only 80,000 jobs created. While it’s always good news when jobs are created (especially given this Administration’s record), there isn’t much of a sign of a strong economic recovery. So what’s the President doing about it? He’s pitching “job creation” plans that will do nothing to create jobs and that lack support in Congress while signing executive orders that sound great in speeches but ultimately will mean little for America’s economic bottom line.

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