In normal circumstances the job numbers released this morning--NY Times: "U.S. Added 80,000 Jobs in June; Unemployment Rate at 8.2%"--should be greeted as disappointing. And for analysts looking objectively at just the job numbers, out of circumstantial context, their disappointment is already registering. But for a president whose political opposition has done everything maliciously conceivable to cripple the economy and plague our immediate future, the job numbers are magnificent.
Would there have been enough preexisting heft to create 80,000 jobs without the 2009 stimulus, which congressional Republicans savagely opposed? Without the Keynesian infusions of payroll tax cuts and extended unemployment benefits, which congressional Republicans savagely opposed? Without saving the auto industry and that industry's related manufacturing industries, which congressional Republicans savagely opposed?
In view of the GOP's herculean nihilism, the fact that any jobs were created in June is something of a miracle, although this miracle, like all reported miracles, possesses a rational explanation. Had President Obama not accomplished what he indeed accomplished during his first three years, this morning the media would be reporting yet another month's news about the Great Depression II.