Even when a non-bias report tells them that Trump has done a fine job stimulating job growth. Former Obama advisor, Valerie Jarret, must think she’s still in a position of power as she discredits President Trump’s employment efforts and claims the praise should go to the Obama administration. Herself included, I’m sure.
Venturing into the world of funhouse mirrors, former President Obama’s consigliere, Valerie Jarrett, claimed on national television that President Obama deserves the credit for Friday’s stellar jobless numbers, which clocked in at 3.9%, the lowest they’ve been in more than 20 years, American Thinker Reported.
…Jarrett told a disbelieving Alisyn Camerota (check out Camerota’s expression on the Grabien video here) at CNN. The transcript reads:
CAMEROTA: “The breaking news that we just had moments ago were the new job numbers, the lowest in anybody’s memory, 3.9 percent unemployment rate. It’s been 15 months of Donald Trump’s presidency. Do you give him credit for that?”
JARRETT: “Look, I think we have to look at it over a longer horizon than that. If you think about what the economy was like when President Obama took office, we were losing 750,000 jobs a month. Under his watch the unemployment rate dropped in half and it’s encouraging to see that we’re continuing to make progress. We want to see wages go up and I think that’s an important focus and I was glad to see you talk about that too. So for the workers out there who are back to work today, I think it’s very encouraging.”
“We’ve continued to add jobs routinely every month for so long, and the unemployment rate we have reached is amazing,” said Catherine Barrera, chief economist of the online job site ZipRecruiter. “It’s very incredible.”
The drop in the unemployment rate may be partly explained by a contraction in the labor force last month. Still, the jobless rate is reaching historically low levels. In the last 60 years, there has been only one sustained period where unemployment stayed below 4 percent: the late 1960s.
Is it right to give Obama the credit for the unprecedentedly low unemployment rate though Trump has made massive strives to allow companies growth opportunities when Obama added regulations and constraints? Let us know in the comments below.