The final monthly job-growth report card is in on President Obama’s two terms.
* 156,000 non-farm jobs were added to the nation’s payrolls in December.
* Joblessness ticked up to 4.7 percent.
* The president goes out of office while the nation enjoys 75 consecutive months of job growth, the longest such streak since 1939.
Not bad a legacy, Mr. President.
To be sure, the economic recovery hasn’t been as robust as Obama’s team would have wished. Wages haven’t grown as much; many jobs have been lost to automation as well as some companies have decided to take them offshore.
However, I need to say once again — with emphasis! — that the economy is nowhere near the dire straits that Obama’s foes have suggested. The foe in chief, the president-elect, injected a lot of unfounded fear in the hearts and minds of voters with suggestions that the economy was heading straight to hell. Donald J. Trump parlayed that fear into enough votes to be elected president.
We aren’t where we need to be economically. The nation, though, is a heck of a lot closer to that destination than it was when Barack Obama became president of the United States.
Well done, sir.