U.S. Economic Confidence Hits Highest Point Since Bush; Job Creation Index Near 4-Year High

Saturday, November 3, 2012

So, in spite of relentless Republican efforts to make President Obama - and thus the U.S. economy - "fail" (including almost causing a disastrous default on our debt) and in spite of their efforts to talk down the economy, guess what? The American people aren't buying it. To the contrary, according to Gallup, U.S. economic confidence (see graph) is the highest it's ever been in their survey, going back to early 2008 (e.g., the Bush presidency), and their job creation index (see the "flip" for that graph) is very close to a 4-year high. Not to mention that the stock market's doubled in value since its low point, the economy's created millions of jobs the past 3 years or so, etc. Must be all that "socialism" the Republicans accuse President Obama and the Democrats of, huh? Or not, come to think of it. Anyway, I don't know about you, but I'm very much looking forward to 4 more years of the economic roll we're now on under President Obama's leadership! :)