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Jobs in U.S. Economy, January 2009: 133,561,000
Jobs in U.S. Economy, today: 133,300,000
The USA gained LESS jobs in September than it did in August.
The USA gained LESS jobs in August than it did in July.
Private Sector Payroll (in thousands)
Jan 2001: 111,631 (Bush takes office)
Jan 2005: 110,718 (Bush's first term resulted in -913K fewer private sector jobs)
Jan 2009: 110,985 (Bush's second term saw +267K private sector jobs)
Sep 2012: 111,499 (+514K jobs since the day Obama took office)
Even as we assume immediate effect of President's policies, on day 1, more private sector jobs have been added in 45 months with Obama as the President than in eight years before him. In fact, private sector employment was LOWER in Jan 2009 than it was in Jan 2001.
And only an idiot would assume that a President can have an influence on economic conditions on day 1. Otherwise, we should be blaming Reagan for the conditions beginning in Jan 1981, Carter in Jan 1977, and Bush on Jan 2001. Personally, I feel, 6-8 months is what ANY President deserves for something like economy that takes a while to take effect, just as budgets.
I am not looking at an idiots version of it, but straight from the horses mouth.
Quote:
Originally Posted by EinsteinsGhost
It was the only refuge to prop-up the economy that had struggled for nearly all of his first term with republicanism in effect. It makes for a very inconvenient fact for these stupid right wingers to accept that at the end of Bush's four years, with republican congress at hand, net increase in private sector jobs was: -913K.
Well, did I call it an increase? The size of private sector payroll was SMALLER at the end of his first term by nearly a million jobs! And these idiots present self as "job creators". BUT, they did create jobs eventually... for a couple of years and we should send a thank you letter to each of the five financial giants who "sacrificed" self by being allowed to lend with leverage at over 30:1!
But, the ignorant would rather blame FDR, Carter, Clinton and now Obama for it.
This is why I warn against not continuing to promote an idiot's take. From your link:
"In January 2009, economists Christina Romer and Jared Bernstein presented a report that projected unemployment with and without the stimulus plan proposed by President-elect Barack Obama. But they weren't able to predict the severity of the financial crisis, and their estimates were more optimistic than the reality."
In fact, there is more I could add to it. They assumed that any stimulus will have an effect in the month Obama were to take the oath? Seriously, send me some of what you're smoking so I can see the same things you do.
Because they are idiots and political correctness is not my style.
You should, especially if you prefer PC. I don't think you can handle being put in place. At least you will get a good sleep more often.
You are very wrong, I like your responses as you are able to back them up without being a total ass hole....but today you are out doing yourself uncle joe....
This is why I warn against not continuing to promote an idiot's take. From your link:
"In January 2009, economists Christina Romer and Jared Bernstein presented a report that projected unemployment with and without the stimulus plan proposed by President-elect Barack Obama. But they weren't able to predict the severity of the financial crisis, and their estimates were more optimistic than the reality."
This is what Obama PROMISED:
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