I agree that Jobs should priority number one for the President. Some will say that he wasted his power on healthcare. I disagree. He was adamant during the campaign about the importance of healthcare for all. It was a tough decision between healthcare and stabilizing the economy. The President could not have predicted that the Republicans would have been so unsimpathetic to the plight of more than 30 million Americans. Even as it relates to jobs, he is doing all he can. Businesses are making profits, more an ever. They are just refusing to start back hiring.
For President Obama, putting America back to work is Job No. 1.
With last week's dismal jobs report and the presidential election less than 18 months away, the Administration's mission has gained increased intensity. The Labor Department reported that the national unemployment rate jumped from 9% in April to 9.1% in May and the economy added a measly 54,000 jobs, the fewest in eight months. Joblessness among African Americans was particularly grim, reaching a crisis level especially when compared with the employment status of White Americans. The Black unemployment rate for May was 16.2%, up from 15.5% the same period last year, compared to an unemployment rate for Whites of 8%, down from 8.8% a year earlier. The jobs report indicated that the gears of the U.S. economy has stalled, slowing due to high gas prices and natural disasters in Japan that have hurt U.S. manufacturers.
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