Consensus estimates had new jobs at 170K. Gee, they were off by only 55K this time.
Obama has been president for 39 full months, all of them with unemployment above 8 percent.
The Bureau of Labor Statistics reports the anemic results for April 2012 here:
Nonfarm payroll employment rose by 115,000 in April, and the unemployment rate was little changed at 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, retail trade, and health care, but declined in transportation and warehousing.
Unemployment in the US in the post-war period seems to get progressively worse only since America jettisoned strong dollar policy under Richard Nixon in 1971, as this graphic from The Wall Street Journal plainly illustrates.
And Obama wants us to go FORWARD with that, which means unemployment will only get worse over the long haul with the likes of him at the helm.
If only forward meant the past, like 1948-1968.
