That's not enough jobs to drop the unemployment rate.
But, it's still good news. My beef with Obama is that the stimulus bill wasn't big enough, and didn't have enough infrastructure spending. And that he hasn't reigned in the Robber Barons nearly enough, to avoid a repeat of the meltdown.
On balance, this is encouraging however. Especially since at the end of 2008, it was widely concluded that we were staring at the brink of another Great Republican Depression. I wonder why republicans said that Obama's economic policy would be an economic disaster? One can only conclude on of two things.
The stimulus and the economic policies put in place in early 2009, helped turned things around, restore some confidence, and steered us from the brink of another GOP Depression.
Or, that Obama just got lucky.