Obamacare, improving U.S. employment give president reasons to celebrate

05/02/2014 9:54 AM

05/03/2014 6:18 PM

President Barack Obama definitely can put the first two days of May in the “good week” column. Republicans, not so much.

A new look at the Affordable Care Act numbers on Thursday showed that 1.2 million young adults, who were late in signing up for Obamacare pushed the enrollment numbers above the earlier announced total of 8 million. The often healthy people age 18 to 34 help offset the expenses of older people in the program.

Labor Department numbers released Friday also delivered good news to the president, showing that unemployment fell from 6.7 percent in March to 6.3 percent in April. About 288,000 jobs were added, but the labor participation rate also fell.

Obama can celebrate tonight. Republicans, looking for an edge in the midterm elections, will just have to keep looking.

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