President Barack Obama took something of a victory lap on Friday’s jobs report in his weekly address, touting the 7.8 percent unemployment rate as the lowest since he took office.
“After losing about 800,000 jobs a month when I took office, our businesses have now added 5.2 million new jobs over the past two and a half years,” Obama said in the address broadcast Saturday. “And on Friday, we learned that the unemployment rate is now at its lowest level since I took office. More Americans are entering the workforce. More Americans are getting jobs.”
Still, he cautioned, “too many of our friends and neighbors are still looking for work or struggling to pay the bills – many of them since long before this crisis hit.”
And in a veiled jab at GOP opponent Mitt Romney, he invoked his campaign slogan, saying, “We owe it to them to keep moving forward.
“We’ve come too far to turn back now,” he said. “And we’ve made too much progress to return to the policies that got us into this mess in the first place.”
Romney, meanwhile, took his own victory lap after his debate win on Wednesday, saying in his weekly podcast that he thinks his policies “compared favorably” to Obama’s that night.
“President Obama could not defend his record,” Romney said. “He offered no new ideas for how to fix the economy. I welcomed the chance to share my vision for renewed prosperity and opportunity, and I think it compared quite favorably to President Obama’s desire for big, trickle-down government.”
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