Ed Driscoll

Job Creation: You're Doing It Wrong

“Obama generated twice as many campaign contributors as new jobs through second quarter of 2011,” Mark Tapscott notes today at the Washington Examiner:

Here’s an interesting couple of numbers that emerged during this past week: According to Jim Messina, his campaign manager, through the second quarter of 2011, President Obama now has 552,000 contributors to his 2012 re-election campaign.

And the Bureau of Labor Statistics announced that during the same two quarters, the U.S. economy generated 260,000 jobs.

In other words, Obama attracted twice as many campaign donors as his economic policies created new jobs. That probably explains a great deal about yet a third number that received a great deal of attention this week: Gallup’s finding that a “generic Republican” leads Obama by eight points in voter preference for 2012.

In 2008, Barack Obama seemed less like he was running to govern the USA, and more like he was campaigning for President of the World.

Who knew that the world Obama wanted to govern would turn out to be Htrae?