20 consecutive months of employment gains?! (NAFTA, regime, Clinton, claim)
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you are correct 9.1 % of the people are so greatful that we gained all these jobs. Thank goodness we passed the stimilus when we were told to pass it woudl leave us under 8.5 %
you are correct 9.1 % of the people are so greatful that we gained all these jobs. Thank goodness we passed the stimilus when we were told to pass it woudl leave us under 8.5 %
On the bright side, conservatives presented tax cuts in 2001 with the effect of having all debt paid off and a booming economy by 2010.
So instead of a solution we want to point fingers.
That would be something you attempted when pointing at stimulus. I merely added a perspective from 10 years ago, still available online to read, if you care.
That's what is supposed to happen after a recession.
The permanent 9% unemployment rate is the part that is not supposed to happen.
Except that after the last recession (2001), it took 21 months before private sector started adding jobs with consistence. Pretty bad for a recession that saw a loss of only 2.2 million jobs (through the recession) compared to nearly 8 million.
Just an FYI for a perspective.
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