Cincinnati NAACP
Media Release
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CINCINNATI, OHIO - FEBRUARY 4, 2011 - Unemployment numbers continue to
drop.  The Dow has closed above 12,000 for three days in a row.  The
ISM which measures manufacturing hit 59 this week.  Any ISM number
greater than 50 is a sign that manufacturing is expanding.  When
President Obama was sworn in two years ago Americans were losing
700,000 jobs per month.  The Dow was at 6,500.  The ISM was below 50.
Americans are opening their 401K and seeing an increase in the value
of their retirement for the first time in four years.  However, the
pundits are attempting to down play the economic policies of President
Obama that have saved the United States of America.  "Banks are paying
back the tarp.  The stock market continues to grind higher.  The labor
market continues to stabilize.  I am just waiting for Fox News, CNBC
and the Cincinnati Enquirer to give President Obama credit for an
improving US economy,"Christopher Smitherman, president of the
Cincinnati NAACP said.