Pelosi Blasts President On Jobs

California Democrat Nancy Pelosi released a statement on the nation's unemployment troubles. Excerpts follow:

“The fact is that [the President's] misguided economic policies have failed to create jobs. Since [he] took office, the country has lost 3.2 million jobs, the worst record since President Hoover...

“Job losses are taking a real toll on the financial security of American families. While Democrats are fighting for opportunity, jobs, and economic security for working families, [the President and] Republicans continue to focus on helping those who need help the least.

“According to today’s survey, while the national unemployment rate dropped slightly, it still stands at a near record high...

“It is time for [the President] and the Republicans to get to work for all Americans, not just the elite few.”

Well, there you have it - the Democrat tide has turned against the President, led by none other than Ms. Pelosi herself.

Oh yeah, did I mention this statement was issued on August 1, 2003? You know, when George W was president? And with the release of today's crappy jobs report, has Ms. Pelosi suddenly turned dumb? (as in 'cat got her tongue' and not the other meaning [i.e. - stupid], but that's another issue) Let's compare the latest figures against those that Ms. Pelosi railed against back in 2003:

Jul 2003 (Bush) Unemployment Rate: 6.2%
Jan 2010 (Obama) Unemployment Rate: 9.7%

Jul 2003 (Bush) Non-farm Payrolls: +25,000
Jan 2010 (Obama) Non-farm Payrolls: -20,000 (preliminary)

(Figures from Bureau of Labor Statistics)

While Obama and the media spin the drop in unemployment from 10% to 9.7% as good news (and a testament to the administration's brilliant nostrums), the total number of jobs lost since the recession's onset was revised upwards by 1.2 million (to a total of 8.4 million). The fact that January still saw a loss of 20,000 jobs is not good news either. With all of the stimulation and manipulation (or Obamanation) already done to rescue our economy, we should be witnessing economic and employment growth by now.

So Ms. Pelosi, where's your outrage?