President Obama tried to steer the nation’s attention back to his stewardship of an improving economy with a high-profile speech that took credit for a comeback
When Obama, Pelosi and Reed took over the Congress in 2007 (promising change) unemployment was an historically low 4.6%. After two years of Democrats wrecking the economy, Obama was elected president in 2008 with unemployment at 6%.
After two years of Dems controlling everything unemployment was over 10%. Voters threw them out of the House of Representatives and unemployment started to decline. Now it is 7.6% and Obama is taking credit for the recovery.
A few months ago he got hysterical that the economy would rapidly collapse unless Congress gave him another $1 trillion to waste. They didn’t, and now he is bragging about the economy.