The U.S. economy has now added over 200,000 jobs a month since February, the kind of growth unseen since the tech boom in 1999 and 2000. Last month, the U.S. finally recovered all jobs lost during the recession.
THERE IS a failure to connect, not just communicate coming out of 1600 Pennsylvania Avenue. A Quinnipiac poll released yesterday revealed that Americans judge Barack Obama the worst president since WWII, with George W. Bush following close behind. With Americans caring little about Benghazi, but also the IRS noise, the Republican right squealing about every little thing has achieved one goal: making President Obama toxic with two years to go in his presidency.
When you see the economic news you’d think just the opposite would be happening. From the Wall Street Journal:
The unemployment rate, obtained from a separate survey of households, fell to 6.1% in June, the lowest level since September 2008. The improvement reflected more people finding jobs while the size of the workforce remained relatively steady.
June marked the best five-month stretch of job creation since early 2006. The data also sent a welcome signal of economic health after output shrunk in the first quarter at its fastest pace since the recession, an annualized 2.9% decline.
USA Today declares a “Jobs blowout.”
Market Watch declares “Hiring boom… as economy speeds up.”
One problem is people just aren’t feeling it.
At the same time, that trend has yet to fuel higher incomes across the economy. Average pay has grown just 2 percent a year during the recovery, roughly in line with inflation and below the long-run average annual growth of about 3.5 percent. [Associated Press]
The other issue is President Obama just can’t sell it. Nobody’s listening to him anymore. Whatever magic Barack Obama had when he ran for office is long gone. People aren’t connected to him anymore and they don’t care about his presidency.
Looking to November, the people who benefit are the angry crazies who always get out and vote in off-year elections. Republicans have scores of them.
While itâ€™s clear Obama will not listen to the public, there is still an outside chance that senior members of his party can persuade him to change course. Their argument would be a simple one: This isnâ€™t working, and if you continue, Republicans will take the Senate and might well impeach you. [New York Post]
Impeach President Obama? When you look at Presidents Reagan, for Iran-Contra, and George W. Bush, for the Iraq war malfeasance, it really puts into perspective the priorities of the two main U.S. political parties, even if you’re an independent.
Democrats have to figure out what will get their people out to vote next fall, because it’s not going to be President Obama, no matter what he accomplishes.
The recent report on male-female pay disparity at the White House doesn’t help Obama’s case.
The White House has not narrowed the gap between the average pay of male and female employees since President Obamaâ€™s first year in office, according to a Washington Post analysis of new salary data. The average male White House employee currently earns about $88,600, while the average female White House employee earns about $78,400, according to White House data released Tuesday. That is a gap of 13 percent. [Washington Post]