Off-Topic: A few FACTS WW
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Name:
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architect
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Subject:
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A few FACTS WW
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Date:
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3/8/2013 6:39:51 PM (updated 3/8/2013 6:41:57 PM)
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The last 12 months of Bush II saw a loss of 4,425,000 jobs. The first 12 months of Obama saw a loss of 4,270,000 (almost as bad as the previous year). The last 37 months of Obama has seen an increase of 5,700,000 jobs for a net gain of 1.43 million.
MM if you count the recovery from the beginning of the recession on Bush's watch the recovery has been painfully slow and probably the worse on record. If you count the recovery from the beginning of Obama's adm it's about average. If you count the recovery from the point at which it which we hit bottom and finally began to turn around it has been a little better than average. It is instructive that the acceleration of monthly losses stopped and a deceleration of losses began the month Obama took office and the losses turned to gains about a year later. Guess now that I look at it in hindsight my "low" expectations for the economy need to be nudged up a bit.
WW, the best month in the 8 years of the Bush II adm was July 2005 with 372,000 new jobs. At no time during the bush years did we see anything near "500,000 or 600,000 new jobs every month."
Folks, I wish we were gaining 500,000 jobs a month regardless of who sits in the WH but it gets old when you Obama haters refuse to admit that it is getting better and that the rate of "getting better" is accelerating. You remind me of Newt Gingrich when he guaranteed a depression would result from the Clinton tax increase.
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