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1 Year After Geithner Says “Welcome To The Recovery,” Dems Try Yet Again To “Pivot To Jobs” While “Economy At A Near-Standstill”

Politico’s Playbook reported yesterday, “EXCLUSIVE — OBAMA AND SENATE DEMS PLAN PIVOT TO JOBS: Senate Democrats hope they now have ‘checked the box’ on debt reduction and can move to an agenda focused on job creation and economic growth, through a combination of spending and tax cuts. Dems want to change the subject fast, and polls show the need to talk more about jobs.”

 

But Obama has made many similar announcements before. As Politico’s Ben Smith wrote, “Mike Allen’s note this morning that ‘Dems plan pivot to jobs’ sounded awfully familiar to me, as it apparently did to the Republican National Committee, which promptly turned out a list of 15 occasions on which the White House had allegedly announced a similar pivot.” Smith explained, “[T]he underlying truth of the presidency is that through a mixture of choice — health care — and circumstance — the Arab Spring, the Japan earthquake — Obama has spent very little of his presidency publicly driving a conversation about jobs. . . . And the story of the Administration is, in no small part, one of a constant attempt to pivot formally to jobs.”

 

Yet Americans would be forgiven if they turn a skeptical eye to the Obama administration and Democrats on jobs, given their track record. It was a year ago today that Treasury Secretary Tim Geithner wrote his New York Times op-ed titled “Welcome To The Recovery.” In the piece, Geithner argued that “a review of recent data on the American economy shows that we are on a path back to growth.” Unfortunately, the data a year later aren’t any better. In fact, just last Saturday The Wall Street Journal reported, “The economic recovery is grinding to a halt, raising the risk that the U.S. could fall back into recession and tightening the screws on Washington to resolve a debt-ceiling debate that threatens to inflict further damage on a fragile economy. Gross domestic product—the sum of goods and services produced in the U.S. and the broadest tally of economic growth—increased at a paltry 1.3% annual rate in the second quarter, the Commerce Department said Friday. First-quarter revisions—down to 0.4% from 1.9%—reflected an economy at a near-standstill early in the year. That minimal growth, coming after a recession that new data show was deeper than previously thought, raises doubts about the economy’s trajectory for the rest of the year and helps explain the unusually feeble pace of job growth for a recovery entering its third year.”

 

As Senate Republican Leader Mitch McConnell told reporters in a press conference yesterday, “Things actually have gotten worse since the president came to office and we need to move in a different direction. We don’t believe and the American people don’t believe that raising taxes, job-killing tax increases in the middle of this serious recession is the direction we ought to take, and the bill we just passed avoided doing that, even though the administration desperately wanted to raise taxes. . . . I’m often asked, ‘What would you do to get the economy going?’ My answer is always the same, we need to quit doing what we’ve been doing. Quit borrowing. Quit spending. Quit trying to raise taxes. Quit overregulating and let the private sector flourish so we have a chance again to have a growing economy which of course will produce more revenue for the government.”

#Senate News Briefing

About Tom White

Tom is a US Navy Veteran, owns an Insurance Agency and is currently an IT Manager for a Virginia Distributor. He has been published in American Thinker, currently writes for the Richmond Examiner as well as Virginia Right! Blog.

Tom lives in Hanover County, Va and is involved in politics at every level and is a Recovering Republican who has finally had enough of the War on Conservatives in progress with the Leadership of the GOP on a National Level.

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Tom White Says:

Nothing is more conservative than a republican wanting to get their majority back. And nothing is more liberal than a republican WITH a majority.

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