{"id":4165,"date":"2013-12-07T02:30:01","date_gmt":"2013-12-07T02:30:01","guid":{"rendered":"http:\/\/highplainsblogger.wordpress.com\/?p=4165"},"modified":"2013-12-07T02:30:01","modified_gmt":"2013-12-07T02:30:01","slug":"economy-gives-gop-reason-to-cheer-obama-policies","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=4165","title":{"rendered":"Economy gives GOP reason to cheer Obama policies"},"content":{"rendered":"\n
Tweet<\/a><\/div>\n

I can sense it, sort of.<\/p>\n

The Labor Department said today the economy created 203,000 jobs in October. The jobless rate fell to 7 percent, the lowest level in five years. The jobs report provided the first “clean” look at the state of the economy, according to Politico.com, meaning a report that wasn’t shaded by the government shutdown and other external political factors.<\/p>\n

And … the Federal Reserve Board just might start dialing back its stimulus efforts with the realization that the economy is finally — finally!<\/em> — gaining some actual strength.<\/p>\n

http:\/\/www.politico.com\/story\/2013\/12\/november-2013-unemployment-numbers-100780.html<\/p>\n

What am I sensing? The Republican leadership in Congress might be willing to give President Obama a little bit of credit for what appears to be a full-blown economic recovery.<\/p>\n

I say “might be willing.” Whether it happens is anyone’s guess.<\/p>\n

Perhaps the most encouraging element of this report, if you’re a Republican, is that the Fed might start drawing back on the bond-buying program it had instituted to help jump-start the economy. This government “intrusion” is anathema to congressional Republicans. It well might be that the Fed has seen enough improvement in the economy — which includes significant strength in the private sector — that it no longer has to pump billions of dollars to keep the economic engines running.<\/p>\n

The stock market gets jittery at that kind of news. Still, the market took off like a rocket today when the jobs figures came out. It helped yours truly’s retirement account immensely, for which I am grateful.<\/p>\n

The president cannot get a break these days, what with the Affordable Care Act rollout being the disaster it has become. That problem appears fixed, too.<\/p>\n

Remember when the economy was Issue No. 1 in the GOP’s plan to defeat President Obama’s attempt at re-election? It didn’t work. Voter returned him to office for another four years.<\/p>\n

Today’s jobs report seems to suggest that’s why virtually no one is talking smack about the economy these days.<\/p>\n\n

Tweet<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

I can sense it, sort of. The Labor Department said today the economy created 203,000 jobs in October. The jobless rate fell to 7 percent, the lowest level in five years. The jobs report provided the first “clean” look at the state of the economy, according to Politico.com, meaning a report that wasn’t shaded by … Continue reading Economy gives GOP reason to cheer Obama policies<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[1710,2503,2710,4430],"class_list":["post-4165","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-federal-reserve-board","tag-joblessness","tag-labor-department","tag-stimulus"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/4165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4165"}],"version-history":[{"count":0,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/4165\/revisions"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}