Where Are the Jobs?

You will recall during the 2004 campaign, John Kerry asserted this was the worst economy since Herbert Hoover. Nancy Pelosi and other Democrats continued that theme, in spite of the actual economic figures that showed the economy was growing. Finally, the President has talked about the economy.

Our economy added 215,000 jobs for the month of November. We've added nearly 4.5 million new jobs in the last two-and-a-half years. Third-quarter growth of this year was 4.3 percent. That's in spite of the fact that we had hurricanes and high gasoline prices. The unemployment rate is 5 percent. And that's lower than the average for the 1970s, 1980s, and 1990s.

About time!