Republicans should be happy with the jobs report

I admit that I was a little suspect of the 873,000 increase in the number of employed people in the United States between last August and September.   A report in The New York suggests that a portion of the additional employed workers may be self-employed or engaged in household employment activities.  Based on my reading of the U.S. Department of Labor’s employment summary, these numbers may also include people who had to settle for part-time work after their search for full time work failed.

Republicans should be happy with the report, especially those who believe in the old Ronald Reagan bootstrap theory of pulling yourself up by your own initiative.  Also, those who believe any job growth is happening in spite of the President’s policies, ala Speaker John Boehner and Governor Mitt Romney, should be out touting the resilience and ingenuity of the American worker.  Instead, they have chosen the low political road.

While I am happy to see improvement in the jobs numbers and was initially suspect of the 873,000 increase, I am still not convinced of the impact any of Mr. Obama’s policies may have had on any of the job growth we are seeing now.  If the Times’ analysis is correct, the unemployed are simply taking more initiative.  Even the Obama Administration has not made an argument linking their policies to the growth in the number of self-employed.

Can anyone out there argue on the Administration’s behalf?  Have their attempts at labor market intervention worked?

About Alton Drew

Alton Drew brings a straight forward and insightful brand of political market intelligence. Alton Drew graduated from the Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). You can also follow Alton Drew on Twitter @altondrew.
This entry was posted in Barack Obama, Economy, Elections 2012, John Boehner, labor markets, Mitt Romney and tagged , , , , . Bookmark the permalink.

One Response to Republicans should be happy with the jobs report

  1. Ken Ciszewski says:

    As the economist Paul Krugman said recently on the ABC Sunday morning show, the tax policies aren’t Obama’s, they are essentially George W. Bush’s, because the Bush tax cuts are still in place. From that perspective, you would think the GOP would be happy and saying, “See, we told you so, just leaving the Bush tax custs in place (which Obama agreed to do for another year last year) iimproves the economy. Lower taxes are good for the economy.” Surprisingly enough, they are not taking credit either for the Bush tax cuts or what they should view as the resulting economic improvement. Wierd.

    The only intervention that appears to have helped is the resurrection of General Motors.

    If you look back into George W. Bush’s term, claims have been made that his tax cuts didn’t really do much for job creation during that time.

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