Obama: America Is Already 'Pretty Darn Great'


President Barack Obama cited new figures that show an improving economy to denounce the "doomsday rhetoric" from the Republican party.

In remarks at the White House, Obama touted the impressive 242,000 new jobs added in February -- which surpassed expectations, as economists expected between 195,000 and 220,000, The Hill reported.

"After a tepid start to 2016, February's jobs data indicated that the U.S. economy is back in action, with solid jobs gains likely to quell recession concerns and provide some confidence to those uncertain about entering the workforce," Standard's & Poor's Ratings Services chief economist Beth Ann Bovino said of the most recent economic news.

Obama's remarks attempted to counter the pessimism that has been coming from Republicans, especially within the field of GOP presidential candidates for the 2016 election.

"I’m looking forward to very forcefully making clear that what we have done has made a difference, and that there is a huge gap between the rhetoric that’s going on out there and the reality of the success that we’re seeing in America’s economy," he said.

Obama said Republicans were too focused on "how terrible America is," and should end the "name calling" and "trying to talk down the American economy."

"There seems to be an alternative reality out there, from some of the political folks, that America’s down in the dumps," he said. "It’s not. America is pretty darn great right now and making strides right now.”

The pessimism regarding the economy in recent months came generally from mixed data as well as a global economic slowdown.

"Commentators have been very pessimistic in the past few months, with a lot of talk about a looming recession. Today's jobs report continues the theme that there is no evidence in the data that the U.S. economy is heading into a slowdown," Andrew Chamberlain, chief economist at Glassdoor, told CNBC.

"We seem to be on a slow, steady growth path, to the surprise of many economists."

Sources: The Hill (2), CNBC / Photo credit: Wikimedia Commons

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