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“The Right Thing to Do” – How Great Depression 2.0 is Being Prevented

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This afternoon the President visited Youngstown, Ohio to tour V&M Star Steel, a company that’s adding hundreds of jobs in part due to investments form the Recovery Act. As Congressman Tim Ryan, who represents the area, explained earlier, Youngstown has had some tough times like a lot of America, but also like a lot of America has started to see some rays of hope.

President Barack Obama tours V&M StarPresident Barack Obama tours V&M Star, a manufacturer of steel products, in Youngstown, Ohio, May 18, 2010. (Official White House Photo by Lawrence Jackson)


Monthly Job Change (whitehouse.gov) - We have seen less job loss in the past year.

Red Line (Totel Job loss since Jan. 2008) - The blue bar's represent the previous graph. I feel the red line is a better demonstration of our current economic situation in regards to employment, still clearly showing a rebound after several months of a more gradual slope, without glossing over the dire situation we currently face and the long road ahead of us to restore employment levels our nation was previously accustomed to.

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