Maybe Obama Did Turn Unemployment Around

Posted by Andrew Price

When you look at the unemployment numbers like this, it makes the Obama team look pretty bad. But when you look at them like this:recoverystats1-1...it's actually pretty impressive. What you're seeing in the chart above is a turnaround in the rate at which jobs are being lost each month that coincides almost exactly with Obama taking office. That said, the financial crisis is much too complex a situation to give full credit (or blame) to any particular person or policy.