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US Economy - On The Rise?

By: CNN
Updated: July 9, 2012
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Despite a disappointing June jobs report, the Obama Administration says the economy is making a slow and steady recovery.  But some GOP leaders say the President's "failed policies" are to blame.    

After a disappointing June jobs report, political leaders are battling it out on who's to blame.  The GOP points to President Obama's policies.

"By any measure his policies have been a failure," said Gov. Bobby Jindal (R) Louisiana, on ABC's "This Week."
"It is terrible. We have 41 straight months now of unemployment above 8%. 41 straight months," adds Sen. Mitch McConnell
(R) Kentucky  "Candy, this is the most tepid recovery--  if it is a recovery--  from a deep recession in American history."  

Some Democrats have a different opinion.    

Like President Obama, everyone acknowledges that we have a long way to go," said Rep. Debbie Wasserman Schultz
(D) Florida, on "Fox News Sunday".  "We have made significant progress, 28 straight months of job growth in the private sector and more than 4.4 million jobs created."

While campaigning in Ohio and Pennsylvania, President Obama said the economy recovery is slow but steady.  
"Our mission isn't just to put people back to work - it's to rebuild an economy where that work pays; an economy in which everyone who works hard has the chance to get ahead."

If jobs reports are a tell-tale sign of the economy's growth and which candidate will win the presidential race, there are still four more to come before November's election.  


(Cristina Mutchler, CNN) 

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