 Obama Can’t Stop Winning As New Jobs Report Shows U.S. Economy Still Kicking AssToday, I would hate to be a Republican strategist. Why? Because with the election only 10 months away, I have to tell my candidate that the economy is still growing robustly and shows no signs of weakness. If anything, it still has room for explosive growth even after adding another 292,000 jobs in December:The jobless rate, which has declined since topping the 10 percent mark in October 2009, is now hovering just above what economists consider full employment   the point where further declines could start to push up inflation.The average monthly gain in jobs last year were closer to the 2013 average of 199,000 a month, but short of the 260,000 figure reached in 2014. The remarkable thing is how consistent employment growth has been over the past three or four years,  said Mark Zandi, chief economist at Moody s Analytics.  We re getting at least 200,000 jobs per month on a consistent basis. That s quite an achievement. The only downside to this report is that there was no growth to average hourly wages. That s been the  slow  part of this slow recovery. On the plus side, once we reach the  full  employment mentioned above, wages will grow and grow rapidly. Companies will be competing for employees and the way to do that is by offering higher pay. This, by the way, is one of the reasons Corporate America has not been all that gung-ho about heating up the economy. High unemployment means low wages, the second favorite phrase next to  Golden Parachute  for CEOs.But, once wages start going up, people will have more money to spend and that increases demand. Increased demand, of course, requires more people to fill that demand and that means more jobs which means more people have money to spend and so the cycle goes. Slowing or reversing this cycle was the express purpose of the Republican s austerity mania in which they insisted pulling money out of the economy would  help  it. A crippled economy is good for Republican political ambitions.Fortunately, Obama fended off most of their bullshit cuts and instead implemented policies to avoid inflating the economy on a fragile bubble. It may have been slow but the Obama Recovery is incredibly stable (did you even know the rest of the world s economy is a mess?) and so far resistant to shocks. If we keep up this pace, Obama will be handing his (Democratic) successor a solid foundation from which to build a bridge to the future.Maybe they can find jobs for all the Republicans that will be out of work come election day?Featured image via Black Water Dog/Pete SouzaNews
obama can stop winning as new jobs report shows economy still kicking usatoday i would hate republican strategist why because election months away i tell candidate economy still growing robust shows signs weakness if anything still room explosive growth even adding another jobs december the nobles rate declined since topping percent mark october hovering economists consider full employment point declines could start push average monthly gain jobs last year closer average month short figure reached the remarkable thing consistent employment growth past three four years said mark and chief economist moody analytics we getting least jobs per month consistent basis that quite achievement the downside report growth average hourly wages that slow part slow recovery on plus side reach full employment mentioned wages grow grow rapidly companies competing employees way offering higher pay this way one reasons corporate america heating economy high unemployment means low wages second favorite phrase next golden parachute wages start going people money spend increases demand increased demand course requires people fill demand means jobs means people money spend cycle goes slowing reversing cycle express purpose republican austerity mania insisted pulling money economy would help a crippled economy good republican political obama ended bullshit cuts instead implemented policies avoid inflation economy fragile bubble it may slow obama recovery incredibly stable even know rest world economy mess far resistant shocks if keep pace obama handing democratic successor solid foundation build bridge find jobs republicans work come election day featured image via black water souzanews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT:  Obama Can’t Stop Winning As New Jobs Report Shows U.S. Economy Still Kicking AssToday, I would hate to be a Republican strategist. Why? Because with the election only 10 months away, I have to tell my candidate that the economy is still growing robustly and shows no signs of weakness. If anything, it still has room for explosive growth even after adding another 292,000 jobs in December:The jobless rate, which has declined since topping the 10 percent mark in October 2009, is now hovering just above what economists consider full employment   the point where further declines could start to push up inflation.The average monthly gain in jobs last year were closer to the 2013 average of 199,000 a month, but short of the 260,000 figure reached in 2014. The remarkable thing is how consistent employment growth has been over the past three or four years,  said Mark Zandi, chief economist at Moody s Analytics.  We re getting at least 200,000 jobs per month on a consistent basis. That s quite an achievement. The only downside to this report is that there was no growth to average hourly wages. That s been the  slow  part of this slow recovery. On the plus side, once we reach the  full  employment mentioned above, wages will grow and grow rapidly. Companies will be competing for employees and the way to do that is by offering higher pay. This, by the way, is one of the reasons Corporate America has not been all that gung-ho about heating up the economy. High unemployment means low wages, the second favorite phrase next to  Golden Parachute  for CEOs.But, once wages start going up, people will have more money to spend and that increases demand. Increased demand, of course, requires more people to fill that demand and that means more jobs which means more people have money to spend and so the cycle goes. Slowing or reversing this cycle was the express purpose of the Republican s austerity mania in which they insisted pulling money out of the economy would  help  it. A crippled economy is good for Republican political ambitions.Fortunately, Obama fended off most of their bullshit cuts and instead implemented policies to avoid inflating the economy on a fragile bubble. It may have been slow but the Obama Recovery is incredibly stable (did you even know the rest of the world s economy is a mess?) and so far resistant to shocks. If we keep up this pace, Obama will be handing his (Democratic) successor a solid foundation from which to build a bridge to the future.Maybe they can find jobs for all the Republicans that will be out of work come election day?Featured image via Black Water Dog/Pete SouzaNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: obama can stop winning as new jobs report shows economy still kicking usatoday i would hate republican strategist why because election months away i tell candidate economy still growing robust shows signs weakness if anything still room explosive growth even adding another jobs december the nobles rate declined since topping percent mark october hovering economists consider full employment point declines could start push average monthly gain jobs last year closer average month short figure reached the remarkable thing consistent employment growth past three four years said mark and chief economist moody analytics we getting least jobs per month consistent basis that quite achievement the downside report growth average hourly wages that slow part slow recovery on plus side reach full employment mentioned wages grow grow rapidly companies competing employees way offering higher pay this way one reasons corporate america heating economy high unemployment means low wages second favorite phrase next golden parachute wages start going people money spend increases demand increased demand course requires people fill demand means jobs means people money spend cycle goes slowing reversing cycle express purpose republican austerity mania insisted pulling money economy would help a crippled economy good republican political obama ended bullshit cuts instead implemented policies avoid inflation economy fragile bubble it may slow obama recovery incredibly stable even know rest world economy mess far resistant shocks if keep pace obama handing democratic successor solid foundation build bridge find jobs republicans work come election day featured image via black water souzanews