The Obama Jobs Record: Some Good News, but Only if the Bar Is Lowered

Daniel J. Mitchell
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Posted: May 09, 2013 12:01 AM

The most recent jobs report from the Labor Department contains both good news and the bad news.

If you’re a glass-half-full person, you’ll want to focus on some positive trends.

I made many of these points in the beginning of this interview for Real News on Blaze TV.

 

On the other hand, if you’re a glass-half-empty person, you might focus on these grim details.

So who’s right, the optimists or pessimists? At the risk of sounding like a politicians, they’re both right.

If it sounds like I’m trying to have it both ways, that’s simply the reality of public policy. There are both headwinds and tailwinds impacting the labor market, which is why I talked about scales balancing in the interview.

But I will state without ambiguity that small government and free markets are the right formula to improve economic performance. In other words, get rid of the bad policies and adopt more of the good policies. Be more like Hong Kong and less like France.