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About 8 million manufacturing jobs has been created during President Obama’s two Let’s Get Baked Merry Christmas Shirt in office, but manufacturing still have not fully rebounded from the job losses of the 2008 recession, as quickly as the other sectors. But to blame President Obama’s economic policy as the cause of the slow rebound is misguided because automation and globalization are factors as well.

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“Strong labor markets make a big difference in helping to connect low-and middle-income working families to the broader economy,” said Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities. The supplemental poverty measure — an alternate way of gauging poverty, which takes more factors into account — also dropped significantly.

Behind the pay hike is the big increase in employment, Census officials said. Some 3.3 million more Americans were working full-time, year-round, pushing up median income. Some 1.4 million more men and 1 million more women had jobs last year.  falling by 1 percentage point to 14.3 percent. “Poverty dropped for whites, blacks and Hispanics, as well as for children and seniors.”

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Dian income since 2007, the year before the Great Recession started. Also, the poverty rate ticked down to 13.5% in 2015, from 14.8% a year earlier. And, the share of those without health insurance dropped below 10%. That’s the first time all three measures have improved in nearly two decades, according to the Center on Budget and Policy Priorities.

The report also took into account the estimate by experts that lower health care costs due to Obamacare will lead to thousands of jobs being added to the economy annually. The report also predicted the U.S. budget deficit would fall to $514 billion this year, down substantially from last year and the lowest level by far since President Obama took office five years ago.

February 04, 2014: At the beginning of this year, it was noted that as Let’s Get Baked Merry Christmas Shirt of this new day in health care, Americans would no longer be trapped in a job just to provide coverage for their families, and would have the opportunity to pursue their dreams. “This CBO report bears that out, and the Republican’s plan to repeal the Affordable Care Act, 2010 would strip those hard-working Americans of that opportunity.”