The July jobs report should be the final blow to Republican predictions about Obamacare and Donald Trump’s bizarre vision of an America in decline with the economy adding 255,000 jobs according to the Bureau of Labor Statistics, including adding 217,000 private sector jobs.
Contrary to the Republicans’ warped view of America as a disaster, we have now added 15.0 million jobs — continuing the longest streak of total job growth on record.
Jason Furman, Chairman of the Council of Economic Adviser, said in a statement, “The economy added 255,000 jobs in July, as the unemployment rate held steady, labor force participation rose, and wage growth picked up.”
The report continued, “U.S. businesses have now added 15.0 million jobs since private-sector job growth turned positive in early 2010, and the longest streak of total job growth on record continued in July.”
As always, they stress that we have more to do, “Nevertheless, more work remains to sustain faster wage growth and to ensure that the benefits of the recovery are broadly shared, including investing in infrastructure, implementing the high-standards Trans-Pacific Partnership, raising the minimum wage, and guaranteeing access to paid parental leave.”
Contrary to Republican predictions about Obamacare being a job killer (a false prediction we’ve fact-checked many times but since Republicans keep parroting the already debunked talking point, it never gets old), Politico’s Dan Diamond pointed out, “Since Obama took office, the health care industry has gained more than 2 million jobs.” He added, “Obamacare was signed into law in March 2010. The private sector hasn’t lost jobs since:”
— Dan Diamond (@ddiamond) August 5, 2016
Democratic Leader Nancy Pelosi skewered Republicans for doing nothing to help the economy or the people and ignoring Zika while they take the longest summer recess in 60 years, “Unfortunately, when it comes to creating jobs or addressing public health emergencies such as Zika, House Republicans have put their radical obstruction ahead of the needs of the American people. Hundreds of pregnant American women have been infected with Zika, and Republicans are taking the longest summer Congressional recess in at least 60 years.”
Senate Minority Leader Harry Reid (D-NV) said this is a historic milestone and that our economy clawed back from the crisis despite unprecedented obstruction by Republicans, “Today marks a historic milestone for America’s economy. Over the last 77 months, we’ve experienced the longest streak in private-sector job growth on record, cut the unemployment rate by half and shrunk the deficit by more than two-thirds. Thanks to President Obama’s leadership and Democratic policies in Congress – and despite unprecedented Republican obstruction and gridlock – our economy has clawed back from one of the worst economic crises in modern history. But there is still much more to be done.”
Bottom line, the bizarre vision of America that Republicans fear-mongered about throughout their entire convention does not exist. It is another delusion in line with the video Donald Trump claimed he saw of the $400 million to Iran. It isn’t real. The only basis Republicans have for this is the doom and gloom they manufacture under the softened lights at the comic book Republican PR outlet that is Fox News.
America is doing really well recovering from the 2008 Bush crash. We have a long way to go, which is why people should be very careful when they cast their vote this November.
America is on the upswing and Obamacare has added over 2 million jobs.