In the aftermath of listening to Obama’s State of the Union address, I must say I am utterly disappointed. Obama still lives in fantasy land as millions of every day working class Americans struggle just to make ends meet. In my previous article I wrote about Obama having what I deem“Illogical Optimism.”
President Obama boasted about saving 2 million jobs and continued by saying “we’re on track to add 1 million more new jobs.” According to Recovery.gov 640,329 jobs were created or saved from the recovery package, however Obama’s Council of Economic Advisers estimated the number of created or saved jobs at the end of 2009, was between 1.5 million and2 million, two very distinct numbers. The fact that White House advisers gave varying estimates on Sunday talks shows this past weekend, does not help Obama’s credibility.
“The recovery act is working,” said President Obama, moments later he requested a new “job bill,” from congress. The recovery act is not working, in fact in2009 we lost more jobs than what was supposedly saved or created according to the Obama administration. Recent government figures show 4.2 million jobs were lost in 2009, hence the reason behind the 10 percent unemployment rate, which is where it remains. The president is making it harder and harder to find him credible.