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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (41280)	11/16/2010 5:21:50 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 103300

Re: "So public sector jobs increased under Bush" Over his full eight year... just barely. Re: "and private sector decreased" Yes. Over his full eight years, yes, private sector jobs were net lost. (First time for that since the nineteen thirties. Also, even rolling the government jobs back into the stats, his record for all jobs was the worst of any administration since the nineteen thirties.) Re: "and the net was a 4.5% unemployment rate." No, that is wrong. Don't know where you came up with that number. Bush left office with an unemployment rate of 7.6%. (In January 2009, his last month in office, the nation lost 655,000 jobs, raising the unemployment rate to 7.6 percent, the highest level in more than 15 years.) Unemployment The seasonally adjusted unemployment rate rose from 4.2% in January 2001, peaking at 6.3% in June 2003 and reaching a trough of 4.4% in March 2007. After an economic slowdown, the rate rose again to 6.1% in August 2008 and up to 7.2% in December 2008.[55] From December 2007 when the recession started to December 2008, an additional 3.6 million people became unemployed.[56] And, in January 2009, his last month in office, the nation lost 655,000 jobs, raising the unemployment rate to 7.6 percent, the highest level in more than 15 years.[57] [edit] Income disparity During President Bush's terms, income disparity grew. Median household income has more than kept up with inflation since Bush took control of fiscal policy during the 2001 near-recession, growing 1.6% higher in constant 2007 dollars to $50,233 in 2007 from $49,454 in 2001,[58][59] while poverty rate increased from 11.25% in 2000 to 12.3% in 2006 after peaking at 12.7% in 2004; in 2008 increased to 13.2%.[60] Under 18 years poverty rate increased from 16.2% in 2000 to 18% in 2007; in 2008 rose to 19%.[61] From 2000-2005, only 4% of workers, typically highly-educated professionals, had real income increases.[62] en.wikipedia.org And, more recently: