Wednesday, January 25, 2012

President Obama's REAL record on Jobs


Republicans are loathe to give credit to the President for his job creation record - but here are the facts…

After taking office, President Obama signed the Recovery Act to help get our economy back on track. As a result:

* The U.S. has seen 22 consecutive months of private-sector job growth.
* The private sector added more than 3.1 million jobs over those 22 months.
* Manufacturing added 334,000 jobs in the last two years, the first time since 1997 that manufacturing employment rose.

The President passed legislation to create jobs and support working Americans, including:

* A payroll tax cut for all working families, providing the average working family with a $1,000 tax cut in 2011
* Expansion of small business loan programs to help small businesses access credit and create jobs
* Initiatives to help veterans transition to post-service careers
* Tax incentives for businesses that hire unemployed veterans

The President made the decision to provide emergency loans to the auto industry:

* Saving more than 1.4 million American jobs
* Preventing personal income losses over two years of more than $96 billion
* Helping make the big three (Chrysler, GM, and Ford) all profitable for the first time in years

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