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Trivia Tidbit of the Day: Part 725 -- Jobs, Jobs, Jobs.

Jobs Decline in December as Obama Jobs Deficit Continues to Climb-

Despite some rumblings last week that the jobs number on Friday for the month of December would actually be positive, it wasn't so. Obama continues to build up a serious jobs deficit:

Barack Obama promised that if elected he would create 3.5 million jobs by the end of 2010 through new economic policies, beginning with the enactment of a massive economic stimulus package. So far in his term in office, employment has dropped by about 3.4 million jobs, while the unemployment rate remains stuck at 10 percent. Accompanying his jobs promise, the President also emphasized accountability and measuring his presidency by results. The President’s jobs promise means total employment should be at least 138.6 million by 2010. Actual employment as of December was reported to be 130.9 million, leaving the Obama jobs deficit at 7.7 million.

In the past couple of months, Texas and a small number of other states have again been adding jobs, even as the national economy continues its decline.

Again, why is Obama using the Michigan/California playbook and not the Texas/Wyoming playbook?

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Posted by Will Franklin · 11 January 2010 09:13 AM

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