Should a president be bragging, with unemployment at 9.4 percent, that “we’ve broken the back of this recession“?
From the Bureau of Labor Statistics this week:
In December 2010, nonfarm payroll employment decreased in 35 states and the District of Columbia and increased in 15 states. The largest over-the-month employment decreases were in New York (-22,800), Minnesota (-22,400), Florida (-17,900), and Georgia (-17,500). The largest over-the-month per-centage decreases in employment occurred in Minnesota (-0.8 percent), Alabama and Hawaii (-0.7 percent each), and Delaware and Georgia (-0.5 percent each). The largest over-the-month increases in employment occurred in Texas (+20,000) and South Carolina (+9,000). The largest over-the-month percentage increases in employment were in Idaho (+0.6 percent), Montana and South Carolina (+0.5 percent each), and Alaska (+0.4 percent). Over the year, nonfarm payroll employment increased in 42 states and the District of Columbia and decreased in 8 states. The largest over-the-year percentage increase in employment was reported in the District of Columbia (+3.2 percent), followed by Texas (+2.3 percent), New Hampshire (+2.1 per-cent), North Dakota (+1.7 percent), and Massachusetts (+1.5 percent). The largest over-the-year percentage decrease in employment occurred in Nevada (-1.5 percent), followed by New Jersey (-0.8 percent), Missouri (-0.6 per-cent), and Rhode Island (-0.5 percent).
John Edwards famously promised that if John Kerry was elected, Christopher Reeve would rise and walk. Well, judging from the president’s comment, we’re witnessing something else with a “broken back” look pretty vigorous, durable, and tough . . .