Obama Administration's Tricky Math

Submitted by: Sean M. Morrison, Committeeman of the Palos Township Republican Organization

Recent data reveals a startling slide for America's businesses.

So far under the Obama administration More than 200,000 small businesses have vanished, taking withthem in excess of 3.1 million jobs between early 2008 through 2010 according to U.S. Census Bureau figures -- a period being dubbed “the Great Recession”. But perhaps even more troubling, is that the immediate aftermath from 2011 through 2012 is not yet fully known. Most experts however are warning that those numbers appear to be even more ominous and further illustrate the severe depth of the country's economic hole.

The Obama administration claims that the trend has since reversed, and that the country has seen consecutive months of private-sector job growth. This is an outrageous perspective even for Obama. In sports for example if a last place baseball team has lost 30 straight games and then by fluke wonone road game, the manager would hardly claim that they are on a winning streak, the media would rightfully call him a loon. Another analogy may be; if you had $10,000 dollars in your 401K in 2008, but between 2009 & 2010 it lost $8,000, leaving you with a balance of only $2,000. Then in 2011 you regained $2,000 of that loss for a total of $4,000. Well you could claim that you have experienced 100% growth for the year; however the reality is you are still down a loss of $6,000 or nearly 120%.

Yet the Obama administration, straight-faced and all, would have you to believe this is a good thing, that our nation is in the middle of an economic and employment growth cycle. Now that friends is the ultimate audacity of hope!

I guess when you lose 3.1 million jobs under your administration; by “reintroducing back” a few hundred thousand jobs “technically” you can say; you have positive growth, but where does that leave thefamilies of the over three million people still without employment? And with recent numbers showing a slowdown once again in private-sector hiring, it has to raise the questions about the direction andstrength of any touted recovery.

This administration is either disingenuous or completely out of touch with the reality of the economicrelationship that exists between private businesses and employment- sadly I believe the answer to that question is both.