38 consecutive months of private-sector job growth under President Obama.
The U.S. added 165,000 jobs in April, lowering the unemployment rate to a four-year low of 7.5%.
Governor Peter Shumlin, chair of the Democratic Governors Association, released the following statement today after the U.S. Department of Labor announced that the economy added 146,000 jobs in November and unemployment had been driven down to 7.7 percent:
“Today’s jobs report shows that our economic recovery continues under President Obama’s leadership. Unemployment has been driven down to a four-year low, and Americans created 146,000 jobs last month. The private sector continues to lead the way, creating jobs for 33 months in a row.
“There is still much work to be done, and our recovery is threatened by the failure of Congress to work together on a balanced solution to avert the fiscal cliff. They must act immediately to prevent taxes from going up on middle class Americans, damaging consumer confidence, and slowing our recovery.
“Democratic governors will continue to fight for middle class families as we work to create jobs and expand opportunity.”
Weekly Address: Extending Middle Class Tax Cuts to Grow the Economy
In his weekly address, President Obama says that it’s time for Congress to pass the middle class tax cuts for 98% of all Americans. Both parties agree that this will give 98% of families and 97% of small businesses the certainty that will lead to growth, and so there is no reason to wait. On Tuesday, the American people voted for compromise and action, and the President calls on Congress to come together in that spirit to help create jobs and strengthen our economy.
Mitt Romney and China
The Romney campaign said that it won’t “be dictated by fact-checkers”—in other words, they won’t be driven by facts. But whether the truth matters in this election isn’t up to the Romney campaign, it’s up to you.
Romney’s new ad lies about President Obama’s jobs record and doesn’t reveal the facts behind the Romney-Ryan plan to ship 800,000 jobs overseas—including 73,000 to China.
The Romney ad also says the President hasn’t challenged China over unfair trade policies—a statement Mitt Romney knows isn’t true. Mitt Romney actually attacked the President for being too tough on China when they were flooding the market with tires. You can check that out on page 119 of Romney’s own book, “No Apology.”
And Romney isn’t apologizing for the investments he still holds in China. Or the American jobs he outsourced to China as the president, CEO, chairman, and sole shareholder of Bain Capital.
President Obama has stood up for American workers, by filing trade cases against China at twice the rate of his predecessor. President Obama has fought for manufacturing jobs since day one, and now he’s set a goal of 1 million new manufacturing jobs by the end of his second term.
That’s the truth. No wonder the Romney campaign doesn’t want to be guided by the facts.
“Those ads taking my words about small business out of context; they’re flat out wrong. Of course Americans build their own business. Everyday hard-working people sacrifice to meet a payroll, create jobs, and make our economy run.
And what I said was that we need to stand behind them as America always has. By investing in education, training, roads and bridges, research and technology. I’m Barack Obama and I approve this message because I believe we’re all in this together.”
Wait a minute, Romney deliberately altered the meaning of the President’s words. Actually, he was talking about, ‘building infrastructure and education, not that individuals don’t build their businesses.
Romney’s been caught doing this before. Another attack ad was called ‘a blatant fast one for manipulating video of the President’. See the whole tape and decide for yourself.