(Reader Supported News) -- In the wake of the financial crisis, President Obama took the helm of a sinking economic ship and helped to right it. The unemployment rate is now once again at pre-recession levels -- the lowest in seven years (5.5%).
President Obama's Administration, with only opposition from the Republicans, has steadily helped put more than 11 million Americans back to work in the private sector. In the strongest period of American manufacturing job growth since the 1990s, the sector has added more than 750,000 jobs since February 2010. As New York Times columnist Paul Krugman notes, the economy is "now adding jobs at a rate not seen since the Clinton years." The dollar is on its fastest rise in 40 years; its value has increased 14% in this first quarter alone and it's the strongest it's been in 12 years compared to the Euro.
Maybe most important, the number of long-term unemployed is down by 1.1 million. Why are the Republicans so silent about the good news? They claim to be the party of "jobs." Perhaps they knew their history.
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