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Maybe no one was complaining about Bush creating jobs because we had the lowest unemployemnt in history when Bush was president.
And his tax cuts? The federal government took more in in taxes in 2006, 2007 and 2008 than any years in history.
Why do democrats keep blaming Bush for everything? It's been well over a year since he left office.
There is a lag in unemployment from a tanking economy just as there is a lag in
unemployment recovery after a recovering economy. The economic damage that led to the unemployment in 2009 happened under Bush's clock.
Quote:
The length of time between the end of a recession and peak unemployment has increased over the last few recessions. This may be a result of increases in productivity that do not necessarily correlate with employment levels. The NBER also considers increases in other output-related indicators such as personal income, industrial production, and sales that may also precede a decrease in unemployment.
the unemployment rate is a lagging indicator. This means it measures the effect of a recession and so occurs after one has already started. It also means unemployment will continue to rise even after the economy has started to recover.Employers are reluctant to lay people off when the economy turns bad. For large companies, it can take months to put together a layoff plan. Companies are even more reluctant to hire new workers when the economy improves.
There is a lag in unemployment from a tanking economy just as there is a lag in
unemployment recovery after a recovering economy. The economic damage that led to the unemployment in 2009 happened under Bush's clock.
Thank you. I pointed this out here months ago, but it fell upon deaf ears.
He muffed the ball, repeatedly. He left it at 7.4. So yeah, I am going to blame him. You're going to have to deal with that.
Then it rose to over 10% (10.1%) under Obama just as it did early in Reagan's term (10.8% being Reagan's worst month), and is now showing a 4/10ths drop since peaking out at 10.1%. Again, very close to what happened with Reagan. It actually took longer for the job market to recover under Reagan, assuming that it continues to drop from this point forward, under Obama.
Well using liberal "logic" the unemployment rate under Clinton wasn't 4%.
Those were all internet bubble jobs. They weren't permanent.
And I don't have to "deal" with anything. LOLs. I never voted for Bush. Nor did I particulary care for him as president. He was too big government for me.
Well using liberal "logic" the unemployment rate under Clinton wasn't 4%.
Those were all internet bubble jobs. They weren't permanent.
And I don't have to "deal" with anything. LOLs. I never voted for Bush. Nor did I particulary care for him as president. He was too big government for me.
You do have to deal with my opinion that I think you are wrong and skewing things to prove a partisan point.
And you just contradicted yourself. If that number was due to internet jobs, then you have to apply that to Bush's first years as well. Logic is your friend.
There is a lag in unemployment from a tanking economy just as there is a lag in
unemployment recovery after a recovering economy. The economic damage that led to the unemployment in 2009 happened under Bush's clock.
Hah. Bush jumped out of the plane going down in flames in his golden parachute. Statistics are the result of dynamic fluctuating forces which occur months and even years before they are taken. Obama was dealt a terrible hand of cards, and all things considered has done a decent job of keeping the plane from bursting into flames and killing all on board so far.
Nice work with the link though.
1. NAFTA
2. Permanent most favored nation trading status for China
3. GLBA
4. CFMA
Without Clinton, their is no financial melt-down.
Without Clinton Glass-Steigall remains the law of the land and many of the "too big to fail" financial institutions would not be "too big to fail" (see Citigroup).
In 2003 Bush sent Snow to capital hill to lobby for a new regulator to replace ineffective OFHEO. Congress was unmoved, but at least Bush tried.
McCain co-sponsored S. 190, and it was greeted by a threatened Democrat filibuster. S. 190 went down in flames, but at least McCain tried.
Yes, you are correct. The effects of bad decisions come along months and years later.
You do have to deal with my opinion that I think you are wrong and skewing things to prove a partisan point.
And you just contradicted yourself. If that number was due to internet jobs, then you have to apply that to Bush's first years as well. Logic is your friend.
I have to deal with your opinion it because you say so? I don't even know you, but I have to deal with you. LOLS. You sound like a 7th grader.
I have a job. Unemplyment is not my concern.
We had internet jobs under Bush? How is that possible? I thought things were bad under Bush?
And partisan? Ha. I never voted for a republican in my life.
I think we all would be a lot better off had government never been invented in the first place.
1. NAFTA
2. Permanent most favored nation trading status for China
3. GLBA
4. CFMA
Without Clinton, their is no financial melt-down.
Without Clinton Glass-Steigall remains the law of the land and many of the "too big to fail" financial institutions would not be "too big to fail" (see Citigroup).
In 2003 Bush sent Snow to capital hill to lobby for a new regulator to replace ineffective OFHEO. Congress was unmoved, but at least Bush tried.
McCain co-sponsored S. 190, and it was greeted by a threatened Democrat filibuster. S. 190 went down in flames, but at least McCain tried.
Yes, you are correct. The effects of bad decisions come along months and years later.
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Great, so we agree. Except for the part about "Bush trying" so hard. Please. When Bush was not sucking face with his Saudi Arabian buddies he was golfing with his CEO pals as he let America lose its place as a global economic leader. What he did with Iraq made America lose its place as a Moral leader.
[quote=jojajn;13493319]There is a lag in unemployment from a tanking economy just as there is a lag in
unemployment recovery after a recovering economy. The economic damage that led to the unemployment in 2009 happened under Bush's clock.
OK, here's mine...
1. NAFTA
2. Permanent most favored nation trading status for China
3. GLBA (repealed Glass-Steigall)
4. CFMA (prohibited regulating CDOs)
5. CRA mandates for Fannie and Freddie (see NINJA loans)
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