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Actually, unemployment under Obama got as high as over 10% at one point. It's was in the 9% range for some time. Now it is down to 8.3%.
Regardless.....it's INCREASED not decreased......will you admit that yet?
Then we had Obama telling us on the White House website that if Congress passed his Stimulus Plan (which they did) that unemployment would drop to 5.2% by the end of his 3rd year in office.
I never said unemployment wasn't a big deal and no one ever mentioned Bush except you. This thread is about Obama...please re-read the first post.
And now it is decreasing, which means we are adding jobs, which is something Bush couldn't do, why can't you admit that?
I only mentioned Bush is because you made it sound like this unemployment problem began the moment Obama took office and anyone who knows anything about unemployment will tell you that we don't live in four year bubbles, the damages the last guy did does effect the current guy.
Bush was losing jobs when he left office and it took Obama to curb that and lower unemployment, why is that so hard for you to understand? Is it because of your blind hatred for the Democrat party, that you can't bring yourself to admit that Obama has stopped this job loss and we are now gaining jobs?
Speaking of logic, could we take a break from parsing the numbers and the dates and the unemployment rate whenever and agree on a few simple things?
When you raise the price of goods and services, there is less demand for goods and services.
When you raise the cost of employing people, there are fewer jobs.
When you undercut the confidence of the investors of capital, you decrease the wellspring of American prosperity--capital investment.
With regulations, policies, and rhetoric, President Obama has done all of these things. Skyrocketing utility rates, shuttered industrial facilities, and scared investors are a recipe for the crappy stagnant economy that is the only logical outcome of the agenda of the current regime. Insanity is continuing to do the same things, expecting different results. And no, I'm not lobbying for a return to the days when Chris Dodd and Barney Frank led an assault on prudent mortgage lending that had disastrous effects.
Then would you care to explain why we were losing jobs under Bush's watch? He lowered taxes with two tax cuts, that should of made employment jump through the roof.
Whatever the reason, this is damn funny and odd. I knew not one person who had a good job with benefits under Bush who lost their job, not going to lie, i did not.
Obama takes office, and boom, boom, boom, boom, people started losing their jobs they thought would always be safe. Good jobs these guys were on for over 20 yrs for some.
Don't know why or the reasons, but under Obama i my little self know 20 familes from across this great Nation, who lost their jobs, don't think the same thing cannot happen to any of you or me, it can.
They all felt the same way, they were safe. Middle aged, and you suddenly lose a job, and unlike the story this administration painted about jobs, decent jobs, sorry, they are not out there.
Sorry but in a decent enviroment, and economy, you don't have the high unemployment figures the true ones that are out there. Fact is, just look around, you don't need politicians, the media, the paper, or magazines telling us what we already know, Facts are this economy, housing, high unemployment, failing businesses, more debt, faling tanking, in the toilet economy, sucks, those are the facts.
And don't even go there, these people who lost their jobs, had decent, jobs with great benefits, and just like that gone. This happens to you, what will you do, easy to say find another job, until you lose the one you have?
Then would you care to explain why we were losing jobs under Bush's watch? He lowered taxes with two tax cuts, that should of made employment jump through the roof.
As I've said, this isn't about Bush. But since you insist on telling lies about him:
Quote:
Mr. Bush grasped this lesson. In that year, he cut the dividend and capital gains rates to 15 percent each, and the economy responded. In two years, stocks rose 20 percent. In three years, $15 trillion of new wealth was created. The U.S. economy added 8 million new jobs from mid-2003 to early 2007, and the median household increased its wealth by $20,000 in real terms.
Whatever the reason, this is damn funny and odd. I knew not one person who had a good job with benefits under Bush who lost their job, not going to lie, i did not.
Obama takes office, and boom, boom, boom, boom, people started losing their jobs they thought would always be safe. Good jobs these guys were on for over 20 yrs for some.
Don't know why or the reasons, but under Obama i my little self know 20 familes from across this great Nation, who lost their jobs, don't think the same thing cannot happen to any of you or me, it can.
They all felt the same way, they were safe. Middle aged, and you suddenly lose a job, and unlike the story this administration painted about jobs, decent jobs, sorry, they are not out there.
Sorry but in a decent enviroment, and economy, you don't have the high unemployment figures the true ones that are out there. Fact is, just look around, you don't need politicians, the media, the paper, or magazines telling us what we already know, Facts are this economy, housing, high unemployment, failing businesses, more debt, faling tanking, in the toilet economy, sucks, those are the facts.
And don't even go there, these people who lost their jobs, had decent, jobs with great benefits, and just like that gone. This happens to you, what will you do, easy to say find another job, until you lose the one you have?
Mass layoffs jump by one-third in 2008 - Jan. 28, 2009
That all went on during the last year Bush was in office, so still under Bush's watch, not Obama's. I wasn't sure if you were trying to say no one was losing their job before Obama took office. Actually a lot of people suffered from the mistakes Bush made.
At the end of May, unemployment was 8.2%. At the end of June the unemployment rate was 8.3%. At the end of July, it was still at 8.3%.
That's actually an increase from May to June and remained level between June and July.
Before you claim they've gone down, perhaps you should wait and see if they actually DO go down because so far, they haven't.
August figures will be released on September 7th. And then a couple weeks later they will be "adjusted".
We'll see then.
So it went up .1%, you must of been throwing things at your computer when unemployment rose from 6.1% in September of 2008 and rose to 7.3% by December of that same month? That is a 1.2% increase in three months.
Mass layoffs jump by one-third in 2008 - Jan. 28, 2009
That all went on during the last year Bush was in office, so still under Bush's watch, not Obama's. I wasn't sure if you were trying to say no one was losing their job before Obama took office. Actually a lot of people suffered from the mistakes Bush made.
Again...this is completely OFF-TOPIC.
THIS thread is about CNN Fact-Checking the Democrat's claim that Obama created 4.5 million jobs.
The OP never mentions Bush's name at all.
Here's the OP again to get you back on topic:
Quote:
Anyone watching the Democratic National Convention on Tuesday night heard the number 4.5 million several times.
The number Castro cites is an accurate description of the growth of private-sector jobs since January 2010, when the long, steep slide in employment finally hit bottom. But while a total of 4.5 million jobs sounds great, it's not the whole picture.
Nonfarm private payrolls hit a post-recession low of 106.8 million that month, according to the U.S. Bureau of Labor Statistics. The figure currently stands at 111.3 million as of July.
While that is indeed a gain of 4.5 million, it's only a net gain of 300,000 over the course of the Obama administration to date.
Conclusion:
The figure of 4.5 million jobs is accurate if you look at the most favorable period and category for the administration. But overall, there are still fewer people working now than when Obama took office
The U.S. economy added 8 million new jobs from mid-2003 to early 2007, and the median household increased its wealth by $20,000 in real terms.
Wow, that is impressive, what happened from 2007 to the end of 2008? Was his job growths sustainable? Why don't you blame Bush like you are blaming Obama for job losses? It is clear our country was not in a good state when Bush left office, does that not matter to you?
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