The use of job creation numbers in Democratic vs. Republican administrations over the last 50 years to justify the abysmal performance of our current administration is a deception. To have any meaning it is necessary to examine the circumstances of each administration. For example, nearly half of all jobs created during Democratic administrations were with Clinton. Give him credit; he was astute enough to not disrupt the dynamic economy started by Reagan.
What is needed is an honest evaluation of what is happening now. And by any rational standard, the performance of Pres. Obama is poor at best.
This election is Romney’s to lose, not Obama’s to “win.” And the behind the scene Republican advisors (strategists?) appear to be determined to lose it.
Over many years I have come to the conclusion that these so called “managers” are unknowing and they continue to prove me right.
Romney has demonstrated management skills, something Obama cannot claim. And I am sure Romney would do a better job of managing our complex government organization.
And Bernanke is either terribly misguided or being directed by our President to keep pouring more money into the system. It’s a band aid that pushes off the need to be fiscally responsible. It didn’t work with QE2 and it won’t work with QE3. The consequences will take some time, but when they come, watch out.