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NYT | Obama gets a “B” on the economy and other silliness





With that in mind, let me offer a first-term report card for Obama.

ECONOMY: B In January 2009, the month Obama took office, America lost 818,000 jobs, according to the Bureau of Labor Statistics. That was the biggest monthly loss in six decades, and many feared a complete banking collapse.

Obama rescued the banking and auto sectors. Independent estimates suggest his stimulus may have saved or created more than three million jobs, and an anemic recovery began. The Economist magazine, conservative by nature, assessed: “His handling of the crisis and recession were impressive.”

 

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