Mitt Romney declared that a signal of a strong economy would be one creating roughly 500,000 jobs a month. The number was arbitrary and was probably use to counter the estimates of some experts that Obama needs to create 150,000 jobs per month to win reelection.
There are certainly plenty of unemployed Americans who want to work. However, the record of GOP presidents and unemployment is marginal. Democratic presidnets have outperformed Republicans for years in creating jobs.
Who was president in 2000: Bill Clinton? How about in 1968: LBJ. In 1952, Harry Truman was president.
Are you starting to see the trend?
Mittens added:
Normally, that would be cause for celebration, but anything near 8 percent or over 4 percent is not cause for celebration.
graphic: http://www.pionline.com
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