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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (756971)12/10/2013 10:56:40 AM
From: Wharf Rat  Read Replies (3) | Respond to of 1574261
 
You're ignoring the 1.5 mil people who lost their jobs in the last 2 months of Shrub's fiasco, not to mention the 8.9% drop in GDP in his last full quarter.. If you are wondering why Obama didn't submit his stim bill to the lame duck Congress the morning after the election instead of waiting until he was president and another 2 mil or so were canned, well, so am I.
This is a bit old; I think there have been 200K more added each of the last 4 months. R's try and forget unemployment was already over 8 % before the stim bill was signed. They think it was effective the night of the election.



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Obama can now boast that more jobs have been created during his first term than during that of his predecessor George W. Bush.

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When Bush began his first term in January 2001, total nonfarm employment was 132.47 million. When his second term began four years later, it was 132.45 million, or effectively zero job growth.

Obama's first term isn't technically over yet, but so far, employment has risen from 133.56 million in January 2009 to 134.02 million in the latest report, for December 2012. That's a net gain of about 460,000 or 0.3 percent. As paltry as that is, it beats Bush's first-term performance.
usnews.com