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Here is the kicker, though. There were more people employed in the private sector (111.634 million) when Bush took office than when he left office (110.981 million). In the first two years under Bush, 3.039 million jobs were lost. In the first two years under Obama, 2.973 million jobs were lost. And somehow the job loss has been worse under Obama?
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In the first two years under Bush, 3.039 million jobs were lost.
total nonfarm employemtn when bush took office..(jan 2001)..132 million
(jan 2003)(2 years) 130 million.....but when was it lost....the 2 million jobs lost were from june to dec 2001...under a clinton budget
bush did actually gain 3 million )total) jobs while in officeand had a peak at Jan 08 of 5 million job gains...something obamy cant seem to touch ...yet
total nonfarm employemtn when bush took office..(jan 2001)..132 million
(jan 2003)(2 years) 130 million.....but when was it lost....the 2 million jobs lost were from june to dec 2001...under a clinton budget
bush did actually gain 3 million jobs while in office...something obamy cant seem to touch ...yet
You could have used more color, bolding etc to go with the five letter word. It wouldn't make it valid however. Note that I specifically mentioned private sector employment (not all non-farm employment), assuming that the right wingers don't like government employment. Under Bush, 1.7 million government jobs were added, while under Obama it has shrunk a little (0.4 million jobs).
According to BLS data on non-Farm jobs (that is government jobs included):
Jan 2008: 137.996 million
Jan 2009: 133.563 million
In other words, the 4.43 million jobs were lost in Bush's last year, leading to the Obama taking the office. And no sane person would have assumed a stance, much less be stubborn about it, to see the ship turned around on a dime and head it back in the right direction. Besides, I have not seen you talk any about only 44K private sector jobs added, on average per month during first seven years under Bush. Is that your idea of great economy and job growth?
So desperate for any good news as their retarded Keynesian theories once again come crashing down.
At this point in the recovery from the 1981-82 recession the economy was growing at 8% per year, inflation was down ten points as the dollar reached its all-time high and unemployment was down 3.6% from its peak at 10.8% as Reagan created over 6 million private sector jobs.
Today we have 1.8% GDP, rising inflation, a collapsing dollar, $4/gal gasoline and 9.1% unemployment.
Every day it becomes more clear that Obama has no clue what he's doing, and still the sheep cheer in unison.
Thank God for Obama having a (D) next to his name. If we had a Republican president, no one would have been hiring. I'm so glad Obama posted these 3.1 million job openings, this really gives legitimacy to his economic policies and his presidency
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