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The Christmas bump over the years... numbers for job growth in private sector, in October and in November (years when November did better than October in green, otherwise red):
"Yet the BLS gives an additional number, those who are not part of the labor force who want a job, currently 6.57 million people, and this group isn't part of the official unemployment rate."
Oh my! add the Six-and-a-half Million workers to the percentage and we get, what true number? Also, is this BLS additional number the whole of the people that have simply given up looking for jobs?!
I think it was to make it easier to comprehend the chart, obviously did not work with everybody.
So you think adding 2 months of negative losses = a positive? Clearly some of you failed 4th grade math, funny how you guys always tend to be liberal.. Concidence? I think not.
God, please, I'm sick of hearing about how great Clinton was. Clinton was the one who signed some of the most destructive legislation into law. He sang the praises of guys like Greenspan and was all too quick to ride the wave of explosive investment. He's not a whole lot better than Reagan or W. Bush, if you ask me. Like others, he left Obama to clean up the mess. He just gets credit for the great economy of the 1990s, in the same way Reagan gets credit for the collapse of the Soviet Union. Neither credit is deserved.
In spite of the fact that conservatives hated Clinton and shamelessly tried to overturn the previous election by force of some legislative conspiracy, the truth is that Clinton was probably the one president who has been truest to conservative economic ideals in the last 50 years. He raised taxes on the highest income earners, but he also cut taxes for most of the middle class. He cut capital gains. He basically gave the wink and nod to deregulation. He allowed banks to become super financial institutions. He retained Greenspan, a proponent of free-wheeling and dealing capitalism. He also signed GATT/WTO and NAFTA, thereby further integrating the world economies. Unlike Ronald Reagan, he actually balanced the budget. He's been more of a Republican than most of the Republicans since Ike.
Speaking of Reagan (a FAR superior president than William the Impeached was), in the month of Sept., 1983, when the economy really started to boom, 1.1 million jobs were created.
As for the collapse of the Soviet Union, Reagan gets a lot of credit for that... don't try to rewrite history.
I'll stick with shadowstats. A tad over 8% doesn't mesh with record number of food stamp recepients, increasing homelessness, multi-generation residency, etc. All these sad tales of woe with 8%+ UE ?
The unemployment rate dropping to 8.6 % is a sign the economy is picking up. Then there was news the other day about economic growth in 3 major sectors. Looks like we are on the right path. No need to change leadership in the White House
Here is an excellent reason to change "leadership" in the White House:
Daily increase in National Debt...
Under G.W. Bush: $1.46 billion
Under Obama: $4.1 billion
The unemployment rate dropping to 8.6 % is a sign the economy is picking up. Then there was news the other day about economic growth in 3 major sectors. Looks like we are on the right path. No need to change leadership in the White House
Do you have ANY idea WHY it dropped? Or maybe you just don't care, as long as it did?
Well then the left can stop crying for any "jobs bill" to come out of Congress.
The economy is humming along. The green shoots should be showing up anytime.
When do you think the record number of food stamp users will just drop them because they are now working and don't need them ?
Thank you for creating the new jobs, President Obama.
But.....I thought the GOP House gets the credit, since their policies are in place.....at least that's what some of the leftists on this board have been saying.
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