More about the “accomplishments” under Obama: Rebuttal to letter from Sheila Nicholas of Dec. 31.
Here are some “facts” that come not from me, not from Fox News or even CNN, but from the Bureau of Labor Statistics: Ms. Nicholas states that we have had 56 straight months of private sector job growth, with the unemployment rate falling from 10.1 percent to 5.9 percent. Sounds good, but 1.5 million fewer U.S.-born workers were employed in 2014 than prior to the recession in 2007.
Foreign-born employment for both legal and illegal immigrants increased by more than 2 million workers during the same time period. Employment numbers for U.S.-born workers has still not returned to 2008 levels, while it returned to 2008 levels for immigrant workers in 2012 and has continued to climb. Should we be happy about this “accomplishment?”
Overall, the number of U.S.-born workers fell from 124 million in November 2007 to 122 million in November 2014. Foreign-born workers, who make up 17 percent of the workforce, increased from 23 million to 25 million in the same time period. The BLS figures showed that 11 million fewer U.S.-born workers are in the labor force now compared to 2007, and that figure has not improved in the last year. Native-born workers could have an even harder time finding jobs under President Barack Obama’s plan to allow more than 5 million illegal immigrants to obtain work permits.
She states that the budget deficit has been reduced by two-thirds, but that is counting from the monumental deficit of the first year of Obama’s presidency when we had a Democratic-controlled Congress. In 2009, we had a deficit of $1,416 billion, rising to $1,650 billion in 2011 and has now dropped to “just” $483 billion. But in 2008, the last year of the Bush presidency, the deficit was $455 billion. Nothing to be proud of but less than we have today. Should we be happy about this “accomplishment?”
We have had record stock market growth which is good for the Koch brothers, George Soros and Michael Moore but doesn’t do much for the average middle class person. I also would hope that we could work together to solve our problems, but we need an unbiased viewpoint of just what those problems are.