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The Republican House clearly has an impact. There is no way Obama would have extended the Bush tax cuts if the Republicans didn't win in November.
I don't think it is a coincidence that businesses start hiring when they see there is a counter balance to Obama.
That's where the facts get you - businesses were hiring before January. I'm not saying the balance is a bad thing - statistics show that we thrive most under a Democratic president and a Republican congress.
The balance is always good - Democrats winning in 06 were able to stem the tide of horrific policy from the previous 6 years and Republicans are now able to balance the more extreme tendencies of unfettered Democratic gluttony.
Obama knew this was coming - he pushed his most controversial policies through when he knew he had 2 years of all Dems and now is pushing more balanced policies. That's just strong leadership.
All that said, you can't take credit away from him because the economy was recovering long before January.
Are you joking? I guess you're just a partisan shill, but I expected more out of you. By your logic, can you explain why the unemployment rate dropped to 9% before the Republicans did anything?
(and what have they done exactly? Brought styrofoam back to the Capitol and passed a bunch of show-boat bills that they knew had no prayer of getting beyond the House. Strong leadership...)
What happened is Pelosi lost her rubber stamp.
Cap and trade is DOA!
The VAT is DOA!
Obama's budget proposal with its 1.6 trillion dollar deficit is DOA!
The entire Obamacare package has been declared unconstitutional!
The Republican House is tying every continuing resolution to spending cuts.
Republicans are going to defund parts of the IRS, FCC and EPA if they are used to circumvent the legislative process through regulations.
It was waiting for certainty and someone to counter balance a clearly anti business President.
I don't know what business you are in, but we would have missed the opportunity of a lifetime if we had waited (and hoped) for politicians to do something about something that might have benefited us in some way. As a matter of fact we could be out of business if we had waited.
That's where the facts get you - businesses were hiring before January. I'm not saying the balance it a bad thing - statistics show that we thrive most under a Democratic president and a Republican congress.
The balance is always good - Democrats winning in 06 were able to stem the tide of horrific policy from the previous 6 years and Republicans are now able to balance the more extreme tendencies of Democrats.
Obama knew this was coming - he pushed his most controversial policies through when he knew he had 2 years of all Dems and now is pushing more balanced policies.
All that said, you can't take credit away from him because the economy was recovering long before January.
The recovery was anemic prior to November. Listen to what business leaders were saying. They would not hire until there was certainty over tax policy, there was some idea of what Obamacre would cost and Obama needed to stop the anti business rhetoric. None of that happened until after November 2010.
I don't know what business you are in, but we would have missed the opportunity of a lifetime if we had waited (and hoped) for politicians to do something about something that might have benefited us in some way. As a matter of fact we could be out of business if we had waited.
I am in the pharmacy business and our decisions are very much dependent on government action. If reimbursement is going to be cut or there is uncertainty over reimbursement we need to plan accordingly. Government action impacts every business. If there is uncertainty you plan for the worst case.
No business waits for the government to do favorable things but if they are contemplating damaging actions you must plan accordingly.
Over 200,000 private sector jobs were created, as govt payrolls fell.
The U.S. added jobs last month at the fastest pace since the big run-up to the Census a year ago. This time, however, the new jobs came from the private sector, which created 222,000 jobs in February. Continuing cuts in employment by government brought the overall number of jobs added during the month to 192,000. At the same time, the unemployment rate dipped slightly and is now at 8.9 percent.
The recovery was anemic prior to November. Listen to what business leaders were saying. They would not hire until there was certainty over tax policy, there was some idea of what Obamacre would cost and Obama needed to stop the anti business rhetoric. None of that happened until after November 2010.
Any uncertainty was over the election in general, not Obama policy. Again - the private sector has been creating jobs for quite a while now, offsetting for seasonal / weather factors.
The fact that Obama's health care law remains and jobs are being created negates most of the fear surrounding it.
Any uncertainty was over the election in general, not Obama policy. Again - the private sector has been creating jobs for quite a while now, offsetting for seasonal / weather factors.
Nope, business has had $2 trillion sitting on hte sidelines. Only the most starry eyed Obama supporters believe there was job growth over the past year.
The uncertainty surrounding the November elections were simply uncertainty over the future of poicy towards business. Would it improve or decline? Republicans were elected, it improved. tax cuts extended healthcare wil be fixed.
In case you haven't noticed Obamacare is in serious doubt.
Again - the private sector has been creating jobs for quite a while now, offsetting for seasonal / weather factors.
Has it?
Could you provide the unadjusted figures for unemployment for the last year or so?
I can only find the seasonally adjusted figures.
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