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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (121784)	1/16/2012 3:30:23 PM
From: Kenneth E. Phillipps	2 Recommendations Read Replies (3) \| Respond to of 224749

President Obama inherited an economy in free fall and put in place policies that not only stabilized it, but have led to nearly two straight years of jobs growth. Between January, 2008 and February, 2010, nearly 9 million jobs were lost, a majority of them under Bush. Since then, we've added 3.2 million private sector jobs. We've lost 500,000 public sector jobs over that span, so the net figure is 2.7 million, but since the end of the Bush Depression, we've been headed in the right direction. Even if you were to ignore the fact that the job losses started under Bush and stopped under Obama, it's worth noting that in the first three years of the Bush administration, we lost 2.9 million private sector jobs—three times the number of private sector jobs that have been lost during the entire Obama presidency. And at current rates, by the middle of the year, private sector employment under President Obama will likely be higher than it was when he took office. Compare that with Bush who over the course of eight years presided over an economy that lost more than six hundred thousand private sector jobs.