The CBO Sez: Obama’s Employment Situation Stinks September 28, 2014Posted by geoff in News.
The President keeps telling us that all economic indicators are better now that when he took office. That’s a pretty low bar to set – if things hadn’t improved, we’d still be at the bottom of the recession. But it’s not really even true, according to the CBO.
If you look at the economic output we are generating vs. the economic output we could be generating, you find that we’re nowhere close to the normal range.
And when the CBO analyzed what the employment situation could look like, vs. what it is, they concluded:
President Obama, after nearly 6 years of watching the economy limp along, we’d like fewer self-congratulatory speeches and more results.