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Second blog post

Grading the Obama economy

That's not an A, but the economy is certainly better off than it was when Obama walked into the Oval Office in 2009. Back then, the country was in the midst of a deep financial crisis and recession. The very month Obama took office, nearly 800,000 Americans lost their jobs.

Obama believes he hasn't received enough credit for the big turnaround.

"Anyone claiming that America's economy is in decline is peddling fiction," Obama said earlier this year.

Unemployment has fallen dramatically from 10% to just 4.6% now. America has gained over 11 million new jobs since Obama took office.