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not so, we have never had a president that could replace $30 an hour jobs with min wage jobs so fast, not ever.
nobody does it half as good as you do baby you're the best.
sing it. carly simon
Oh, please!!! Obama has created more unemployment than he has cut! Has he cut it at all? I guess if you don't count those that have given up looking ... but they're still unemployed.
Salaries are down 4% since the 2008 election. Labor Participation is at a low not seen since 1978.
Millions of people have simply given up ..... and our Prez is out celebrating that. People are having to take 2 and 3 jobs (all at part time to satisfy the Government Regulations of -30 hour standard work weeks) just to get by.
It's nothing to brag about - they are twisting the rules again to make sure that the ObamaCare numbers don't come out until AFTER the Mid-Term elections. I hope that people are paying attention. The BOOM is going to fall in November.
The Inflation that Washington D.C. pretends is not happening - is felt every single visit to a gas station, a grocery store or a retail store of any sort. Shelves used to be FULL in retail stores, now they just widen the aisles and take our displays so the shelves don't look empty. Those of us that went through the really hard times of the 80's can deal with this a lot easier than the kiddos of today that live on credit.
That is crazy Talk . Reagan broke all records in Job Growth, less taxes and one of the Highest GDP. Hey If you on Obama's the only direct is up and rewriting Presidential History.
The job growth under the Reagan administration was an average of 2.1% per year, with unemployment averaging 7.5%. The unemployment averaged 6.4 percent under President Carter and 7.8 percent under President Ford.[35] Towards the end of his second term however the unemployment rate dropped to 5.4%. Growth rates[edit]
Comparing the recovery from the 1981–82 recession (1983–1990) with the years between 1971 (end of a recession) through 1980 shows that the rate of growth of real GDP per capita averaged 3.05% under Reagan versus 2.14% under Carter.[36] Following the recession, the unemployment rate had averaged slightly higher (6.75% vs. 6.35%), productivity growth lower (1.38% vs. 1.92%), and private investment as a percentage of GDP slightly less (16.08% vs. 16.86%). Real wages were lower following the recession, while real median family income grew by $4,000 during the Reagan period.[37][38] But, using U.S. Bureau of Economic Analysis data, real U.S. GDP in 2009 chained dollars divided by the U.S. population, shows that real per capita GDP went from $26,196.55 in the 4th quarter of 1976 to $28,447.21 4th quarter of 1980, a real increase of 8.6% during President Carter’s four years. President Reagan’s eight years in office saw per capita GDP grow another 23.4% to $35,097.83.[39]
Reagan was sitting on 7% unemployment at this point in his presidency. Not totally his fault obviously, but it's hilarious how defied he is by right-wingers. Democrats during Reagan's era were FAR more cooperative as well.
Reagan - 100 people need work but there there are only 92 jobs. Reagan added 3 more jobs, and unemployment went to 5%.
Obama - 100 people need work but there there are only 92 jobs. 3 people stopped trying to get a job and went on welfare, unemployment went to 5.6%.
Do you still believe this is just as good?
HONESTLY?
Quote:
Originally Posted by RaymondChandlerLives
Reagan was sitting on 7% unemployment at this point in his presidency. Not totally his fault obviously, but it's hilarious how defied he is by right-wingers. Democrats during Reagan's era were FAR more cooperative as well.
Why is cooperation demanded of the right by the left, yet the left locked Republicans out of just about everything from 2008-2010. Once the Rs controlled the House Reid said "I will not work with them, and will kill every bill they send me".
You can be selective about your facts, but you can't rewrite history to suit your misguided belief.
Both parties have no intention of working with each other on matters that are important to us. They have no problem working together to preserve their collective power. Two sides of the same coin pretending to care about this country.
Do you ever wonder
That to win, somebody's got to lose
I might as well get over the blues
Just like fishing in the ocean
There'll always be someone new
Obama hasn't done anything at all on unemployment since the great stimulus thing because he can't pass anything since.In fact the FED keeps stating that they cannot carry the entire burden. Basically the FED has had charge of the economy since .Obama speaks and no one listens ;the FED chair speaks and the world listens.
Obama hasn't done anything at all on unemployment since the great stimulus thing because he can't pass anything since.In fact the FED keeps stating that they cannot carry the entire burden. Basically the FED has had charge of the economy since .Obama speaks and no one listens ;the FED chair speaks and the world listens.
The federal government doesnt have anywhere near enough power to stimulate the economy. The GDP is something ike $13T a year, the federal government is about $3T...
$3T can not stimulate $13T in spending, especially when the $3T comes from the economy before it can be spent.
How to drop the unemployment rate to 5.9% Say that 248,000 jobs were created [even though they are minimum/low wage/part time] and drop 315,000 as being unemployed because they are no longer looking. [no longer counted as being unemployed]
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