White House Press Secretary Jay Carney said yesterday that the Obama administration has pulled the nation from the depths of the "Great Recession" with the creation of 7.2 million private sector jobs.
"And what is absolutely true is that we have come a long way since the depths of the Great Recession. We've created over 7.2 million private sector jobs," Carney told reporters at a press briefing.
Here's what Mr. Carney didn't say:
Since February of 2009, the first full month of Obama's presidency, 9.5 million Americans have dropped out of the labor force. Nearly 90 million Americans are not working today!
That means that 1.3 Americans have dropped out of the labor force for every one job the administration claims to have created.
There are 15 million more Americans on food stamps today than when Obama assumed office.
That means that more than two Americans have been added to the food stamp rolls for every one job the administration says it has created.
Under Obama, 1.6 million more Americans are collecting disability insurance. In February 2009, 9,334,369 Americans received disability payments. Today, that number is 10,953,733.
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