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Old 09-11-2009, 09:44 AM
 
1,360 posts, read 1,943,062 times
Reputation: 500

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Hows all that hope and change working out for you...

Bureau of Labor Statistics data shows that 2.2 million jobs have been lost in the five full months since the “stimulus” was signed into law by President Obama.

The total number of jobs nationwide fell from 134.3 million at the end of January to 131.5 million at the end of July. This is a total job loss of 2.8 million jobs since Obama took office.

Job losses per month are as follows:
  • February: -651,000
  • March: -663,000
  • April: -539,000
  • May: -303,000
  • June: -443,000
  • July: -247,000
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Old 09-11-2009, 09:46 AM
 
Location: deafened by howls of 'racism!!!'
52,697 posts, read 34,572,254 times
Reputation: 29289
White House economists: 1 million-plus jobs saved or created by stimulus - National Politics Blog - Political Intelligence - Boston.com

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Old 09-11-2009, 09:52 AM
 
Location: The Great State of Texas, Finally!
5,477 posts, read 12,248,239 times
Reputation: 2825
bah ha ha ha ha ha
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Old 09-11-2009, 09:52 AM
 
674 posts, read 1,620,315 times
Reputation: 279
Quote:
Originally Posted by tonyandclaire89 View Post

Bureau of Labor Statistics data shows that 2.2 million jobs have been lost in the five full months since the “stimulus” was signed into law by President Obama.

Job losses per month are as follows:
  • February: -651,000
  • March: -663,000
  • April: -539,000
  • May: -303,000
  • June: -443,000
  • July: -247,000

8 years of bad decisions, and you expect a 180 degree u-turn in only 6 months??? Get real. We need at least 8 years if not 13 to get back on track. There is no way to get whole economy in order within 30, 60 or even 90 days!

How long does it take for YOU to get back on track if you have high bills, huge mortgage and no income? You can do that in 1 to 6 months?

Didn't think so...

Unemployment is going down. That's a good sign in terrible times.
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Old 09-11-2009, 09:55 AM
 
Location: The Great State of Texas, Finally!
5,477 posts, read 12,248,239 times
Reputation: 2825
Quote:
Originally Posted by antibes View Post
8 years of bad decisions, are to create a 180 degree u-turn in only 6 months??? Get real. We need at least 8 years if not 13 to get back on track. There is no way to get whole economy in order within 30, 60 or even 90 days!

How long does it take for YOU to get back on track if you have high bills, huge mortgage and no income? You can do that in 1 to 6 months?

Didn't think so...

Unemployment is going down. That's a good sign in terrible times.
Yes, Bush is still in office. Obama is just a shadow puppet.
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Old 09-11-2009, 09:56 AM
 
1,360 posts, read 1,943,062 times
Reputation: 500
8 years of bad decisions, are to create a 180 degree u-turn in only 6 months??? Get real. We need at least 8 years if not 13 to get back on track. There is no way to get whole economy in order within 30, 60 or even 90 days!

Quote:
How long does it take for YOU to get back on track if you have high bills, huge mortgage and no income? You can do that in 1 to 6 months?

Didn't think so...

Unemployment is going down. That's a good sign in terrible times.
3.5 years more of this administration: America= Banana Republic

http://www.nicholsoncartoons.com.au/cartoons/new/2005-03-02%20The%20Debt%20Truck%20226.JPG (broken link)
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Old 09-11-2009, 09:57 AM
 
69,368 posts, read 64,128,317 times
Reputation: 9383
Quote:
Originally Posted by antibes View Post
8 years of bad decisions, and you expect a 180 degree u-turn in only 6 months??? Get real. We need at least 8 years if not 13 to get back on track.
haha, I cant stop laughing.. You need 8 to 13 years to get back on track? So your not really expecting Obama to do anything, are you?
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Old 09-11-2009, 10:06 AM
 
5,165 posts, read 6,054,529 times
Reputation: 1072
Quote:
Originally Posted by antibes View Post
8 years of bad decisions, and you expect a 180 degree u-turn in only 6 months??? Get real. We need at least 8 years if not 13 to get back on track. There is no way to get whole economy in order within 30, 60 or even 90 days!

How long does it take for YOU to get back on track if you have high bills, huge mortgage and no income? You can do that in 1 to 6 months?

Didn't think so...

Unemployment is going down. That's a good sign in terrible times.
Again step back and think. The point is the stimulus was a great waste of resources. There should have been a stimulus passed but a much more efficient one. The economy at some point would turn the corner anyway.

The projections showed with or without the stimulus that unemployment would drop to the same level by 2012.

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Old 09-11-2009, 10:07 AM
 
11,135 posts, read 14,196,176 times
Reputation: 3696
Lest we so quickly forget...

First there was this in Feb of 08:
Bush signs stimulus package into law - Stocks & economy- msnbc.com
Quote:
President Bush on Wednesday signed a multibillion-dollar economic rescue package on Wednesday that means $300 to $1,200 rebates for many American households.

Bush called the measure "a booster shot for our economy" to stave off a recession.
Didn't really stave off a recession, but give the boy a cookie for trying.

Then of course there was this:
Bush requests bank bailout funds - Washington Times
Quote:
President Bush on Monday formally asked Congress for the second half of the $700 billion Wall Street bailout package at the behest of President-elect Barack Obama as Democratic lawmakers said they have more faith in the incoming administration to spend the money wisely.
Now I personally think the bailout/stimulus was done hastily and poorly, but think again about laying this entirely at the feet of one President or the other.

How folks can make this as partisan as they do is beyond me.
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Old 09-11-2009, 10:12 AM
 
5,165 posts, read 6,054,529 times
Reputation: 1072
Quote:
Originally Posted by TnHilltopper View Post
Lest we so quickly forget...

First there was this in Feb of 08:
Bush signs stimulus package into law - Stocks & economy- msnbc.com


Didn't really stave off a recession, but give the boy a cookie for trying.

Then of course there was this:
Bush requests bank bailout funds - Washington Times


Now I personally think the bailout/stimulus was done hastily and poorly, but think again about laying this entirely at the feet of one President or the other.

How folks can make this as partisan as they do is beyond me.
To blame or praise a President for the economy is ludicrous to me.
The present day economy is too complex to have one person held responsible for its ebbs and flows.
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