Jobs, Jobs, Jobs was the title of an op-ed by Robert Barro just before the 1992 election. While Barro was not about to endorse either Clinton or Perot, he opened his op-ed by blasting President George H. W. Bush for suggesting increasing Federal spending was necessary to create new jobs. It seems that the current President Bush is trying to rationalize the pork-filled highway bill.
When Barro criticized Bush41, the unemployment rate was over 7%. Currently, it is only 5%. Now I’m not saying we are at full employment, but I thought this Administration has been making this claim.