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Banned
These have been a tough two years for the United States of America.
We’ve been through the worst period of economic turmoil since the Great Depression.
Keep in mind, when I first took the oath of office, we were already moving towards what some thought was a Great Depression.
We were losing about 700,000, 800,000 jobs per month, and the economy was contracting at a pace that we hadn’t seen in generations, about 6 percent contraction that first quarter when I first took office, and I’ve often had to report bad news during the course of this year as the recession wreaked havoc on people’s lives.
But, today is an encouraging day.
We learned that the economy actually produced a substantial number of jobs instead of losing a substantial number of jobs.
We are beginning to turn the corner.
This month, more Americans woke up, got dressed, and headed to work at an office or factory or storefront.
More folks are feeling the sense of pride and satisfaction that comes with a hard-earned and well-deserved paycheck at the end of a long week of work.
As I said, just one year ago, we were losing an average of more than 700,000jobs each month.
But, the tough measures that we took, measures that were necessary even though sometimes they were unpopular, have broken this slide and are helping us to climb out of this recession.
We’ve now added an average of more than 50,000 jobs each month over the first quarter of this year, and this month’s increase of 162,000 jobs was the best news we’ve seen on the job front in more than two years.
We’ve been through the worst period of economic turmoil since the Great Depression.
Keep in mind, when I first took the oath of office, we were already moving towards what some thought was a Great Depression.
We were losing about 700,000, 800,000 jobs per month, and the economy was contracting at a pace that we hadn’t seen in generations, about 6 percent contraction that first quarter when I first took office, and I’ve often had to report bad news during the course of this year as the recession wreaked havoc on people’s lives.
But, today is an encouraging day.
We learned that the economy actually produced a substantial number of jobs instead of losing a substantial number of jobs.
We are beginning to turn the corner.
This month, more Americans woke up, got dressed, and headed to work at an office or factory or storefront.
More folks are feeling the sense of pride and satisfaction that comes with a hard-earned and well-deserved paycheck at the end of a long week of work.
As I said, just one year ago, we were losing an average of more than 700,000jobs each month.
But, the tough measures that we took, measures that were necessary even though sometimes they were unpopular, have broken this slide and are helping us to climb out of this recession.
We’ve now added an average of more than 50,000 jobs each month over the first quarter of this year, and this month’s increase of 162,000 jobs was the best news we’ve seen on the job front in more than two years.
