<http://r20.rs6.net/on.jsp?ca=7eae88db-1bf5-4df8-bf96-1c957505d5c1&a=1109020606174&d=1120106002808&r=3&o=http://ui.constantcontact.com/images/p1x1.gif&c=0a758410-7e1a-11e3-a051-d4ae52843d28&ch=e1702b60-55af-11e4-ba16-d4ae527b8c41>
<http://r20.rs6.net/tn.jsp?f=001faJ02ZCy1NhYmFjuQ-dA4X6oo84kIju2TKK9D54AH_vghytRaT2XLISc6YjLVZz1Awi4Il0Gl-P2ugQuVWo0xyJZoOvOqQJp5VqFDAImjEanOVcaVh6AGRj2tOubFIuVe-9zqSiysBvqJQAtQiL92nAsZNmRtm5FdqAuoguUeGz5GoRiy_E1aw==&c=603jIUm9yeViyv_VjIdmYG5i5Df4VNFBVAVNqBdP090GvZt_ZyAF1A==&ch=8wrSAfD-2XDb23ZNswLVCodw9vEUbiSP9_yn1w7CD0JQxuz8wYajLw==> February 16, 2015 Job Growth in 2014 President Barack Obama takes full credit for the job growth in 2014. Democrats on the Internet relentlessly push these growth rates with typically goofy superlatives like "highest ever" or "highest growth rate in decades." So, what did Obama and the Democrats do in 2013 and 2014 that led to the growth we saw last year? Well, Obama refused to renegotiate with Republicans on any unemployment or budget reforms. <http://r20.rs6.net/tn.jsp?f=001faJ02ZCy1NhYmFjuQ-dA4X6oo84kIju2TKK9D54AH_vghytRaT2XLBTg3qC0o4XNbgF_0AC5xYpc84vZwQ3n_H_dKcxNQw6Zas2RQPG3YwfRh0TjwU1hlOY3Mv7nqB_4IKiffBgMrmlgNBY2SiMCgzdtKuhiAlImM-RD0ukqIW87jatbpHIbaA==&c=603jIUm9yeViyv_VjIdmYG5i5Df4VNFBVAVNqBdP090GvZt_ZyAF1A==&ch=8wrSAfD-2XDb23ZNswLVCodw9vEUbiSP9_yn1w7CD0JQxuz8wYajLw==> As 2013 ended, we heard Democrats complaining that stingy Republicans were letting federal government extensions of unemployment compensation (which had been re-extended many times) lapse altogether. Obama predicted disaster. The Keynesian economists who circle the Democratic Party like moths to a candle held to a simple prophecy: because of a hit to "aggregate demand," unemployment would increase. Instead, in 2014 employment bounced back. In a droll quasi-opinion piece, "President Costanza's Jobs Boom <http://r20.rs6.net/tn.jsp?f=001faJ02ZCy1NhYmFjuQ-dA4X6oo84kIju2TKK9D54AH_vghytRaT2XLBTg3qC0o4XNIXQoOqJm_uf03hJ7ExyKEXqJXRXVXNybTLTKX8rYjQK2xt_805HTdaZ_HfXSzy8d2Q707v3KIfX2_JaaWtMHwJ0GtIkX3wWQYNyBpFr41VDmduNgS4fz2Pko9HXx6wiL90m3bQXHJUJxoP6jxuRXiaQZJm-A_E2lwSSHunU0Cms=&c=603jIUm9yeViyv_VjIdmYG5i5Df4VNFBVAVNqBdP090GvZt_ZyAF1A==&ch=8wrSAfD-2XDb23ZNswLVCodw9vEUbiSP9_yn1w7CD0JQxuz8wYajLw==> ," the Wall Street Journal reports that "job growth in 2014 was roughly 25 percent higher than any post-2009 year. Joblessness plunged to 5.6 percent from 6.7 percent. Net job creation averaged 246,000 a month." Citing a National Bureau of Economic Research study <http://r20.rs6.net/tn.jsp?f=001faJ02ZCy1NhYmFjuQ-dA4X6oo84kIju2TKK9D54AH_vghytRaT2XLBTg3qC0o4XNn2GXMH6GdqVdf-iRvFgFKLwOcB6my0A9WcsZOYw0fH8J1y3l-bZ8L9gzuMAfhjshbRYid_-qZmWw3cSSYi-EZcQOh14G4PZ5ulARhzzGMG8dqGK2SkdVcLejStvt1mjL&c=603jIUm9yeViyv_VjIdmYG5i5Df4VNFBVAVNqBdP090GvZt_ZyAF1A==&ch=8wrSAfD-2XDb23ZNswLVCodw9vEUbiSP9_yn1w7CD0JQxuz8wYajLw==> by economists Marcus Hagedorn, Iourii Manovskii and Kurt Mitman, which treated the abrupt policy change as a "natural experiment," the Journal reveled in the knowledge that the increase in incentives from lapsed benefits led unemployed workers to (gasp!) seek jobs. And they found them. Granted, many of the new jobs are not as good as their pre-bust jobs. But they are jobs, which is better than nothing. So when your big-government promoting friends attribute 2014's job growth to Democratic policies, ask which policies, precisely. And ask why Obama's predictions of 2013 for disaster in 2014 didn't pan out. This is Common Sense. I'm Paul Jacob. Comment on this episode <http://r20.rs6.net/tn.jsp?f=001faJ02ZCy1NhYmFjuQ-dA4X6oo84kIju2TKK9D54AH_vghytRaT2XLBTg3qC0o4XNit3uhC9dFjFUSc5dN6oB7YQfeCJD7YPtjRvBapyElA1AdxunS3621YqtEAuPm7mLTuh6qF7ltwx9bTN6bay_X12t6ESrKrWgrhCnpCaH_MyZo2kIlvyETfZeLlDvdRxWckVCZ9MPGUF9PerjSr3KrEH1BKqpHAf_ERaIWwDdzNE=&c=603jIUm9yeViyv_VjIdmYG5i5Df4VNFBVAVNqBdP090GvZt_ZyAF1A==&ch=8wrSAfD-2XDb23ZNswLVCodw9vEUbiSP9_yn1w7CD0JQxuz8wYajLw==> | View/Print the PDF <http://r20.rs6.net/tn.jsp?f=001faJ02ZCy1NhYmFjuQ-dA4X6oo84kIju2TKK9D54AH_vghytRaT2XLBTg3qC0o4XNxCsvjf8SGtQ5xAkyt6pVFQeWL_aacbATKtqZWa9iC5jZIChik_K6k42EZaxR9a8TC8Hg_jxSgY-ER5haoYo7gsJGQxwgfFSIKGtNKBwVGmOvAoqGCdtyhhnpD-SRO8TkcgiqhZMOr4A=&c=603jIUm9yeViyv_VjIdmYG5i5Df4VNFBVAVNqBdP090GvZt_ZyAF1A==&ch=8wrSAfD-2XDb23ZNswLVCodw9vEUbiSP9_yn1w7CD0JQxuz8wYajLw==> Today On Feb. 16, 1878, the Bland-Allison Act, which provided for a return to the minting of silver coins, became U.S. law. Today, the value of American money is secured only by public faith in the stability of the government, but during the 19th Century, money was backed by actual deposits of silver and gold. Thought <http://thisiscommonsense.com/wp-content/uploads/2012/03/grover-cleveland-portrait.jpg> The people of the United States are entitled to a sound and stable currency and to money recognized as such on every exchange and in every market of the world. — Grover Cleveland Video Click HERE <http://thisiscommonsense.com/2014/02/15/video-our-pension-problem/> to see Paul's latest! <http://thisiscommonsense.com/images/TFM-logo-220square.png> Common Sense is sponsored by Think Freely Media, a 501(c)3 nonprofit organization that assists other nonprofits in promoting freedom in a persuasive manner. Paul Jacob is President of the Liberty Initiative Fund <http://libertyifund.org/> (LIFe) as well as Citizens in Charge and Citizens in Charge Foundation. The opinions expressed in Common Sense (and at Townhall.com <http://r20.rs6.net/tn.jsp?f=001faJ02ZCy1NhYmFjuQ-dA4X6oo84kIju2TKK9D54AH_vghytRaT2XLItupgqb0gPUHWvdagKTIAuPVCQaZVMoqDNS-6Yvebrm9Kg20Sb5xZ3xfmdIRN1DXrf965SoxL8OPamkAxvhyGdwwILq75V52Bo4IZLrKIsitcjYLRBV4-0=&c=603jIUm9yeViyv_VjIdmYG5i5Df4VNFBVAVNqBdP090GvZt_ZyAF1A==&ch=8wrSAfD-2XDb23ZNswLVCodw9vEUbiSP9_yn1w7CD0JQxuz8wYajLw==> , where Paul has written weekend columns since 2003) are his own and do not necessarily reflect the opinions of Think Freely Media, Liberty Initiative Fund or Citizens in Charge. Make Common Sense <http://r20.rs6.net/tn.jsp?f=001faJ02ZCy1NhYmFjuQ-dA4X6oo84kIju2TKK9D54AH_vghytRaT2XLISc6YjLVZz1lpdmfLIsq1Q0UmcOFUlzLQKDqUpdQvY2DBwMfph6zfkxVDjE4l65n7R4PVoMhzAgpAyMVSc_H3-4j-4ZKwGPDvoZzLOoKj3JOA8M01R1wlwxI0LgTRjKvA==&c=603jIUm9yeViyv_VjIdmYG5i5Df4VNFBVAVNqBdP090GvZt_ZyAF1A==&ch=8wrSAfD-2XDb23ZNswLVCodw9vEUbiSP9_yn1w7CD0JQxuz8wYajLw==> your daily stop on the Web! <http://thisiscommonsense.com/images/TFM-horizongal-logo-550w.png> Forward email <http://ui.constantcontact.com/sa/fwtf.jsp?llr=5w4om8iab&m=1109020606174&ea=redactor%40wirkman.com&a=1120106002808> <http://www.constantcontact.com/index.jsp?cc=custom01> Think Freely Media | 180 West Adams Street | 6th floor | Chicago | IL | 60603 -- -- This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. 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