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Thread: Obama: No Deal Without Tax Hikes

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    Re: Obama: No Deal Without Tax Hikes

    What is it about the word 'promise' that you don't quite understand?

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    Re: Obama: No Deal Without Tax Hikes

    the obama "recovery" is the slowest---by far---in modern american history

    Nearly two years after the economic recovery officially began, job creation continues to stagger at the slowest post-recession rate since the Great Depression.

    The nation has 5% fewer jobs today — a loss of 7 million — than it did when the recession began in December 2007. That is by far the worst performance of job generation following any of the dozen recessions since the 1930s.

    In the past, the economy recovered lost jobs 13 months on average after a recession. If this were a typical recovery, nearly 10 million more people would be working today than when the recession officially ended in June 2009.
    Job creation limps along after recession - USATODAY.com

    doesn't mother jones do graphs that DON'T stop in 2008?

    LOL!
    Last edited by The Prof; 07-12-11 at 03:57 PM.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by The Prof View Post
    the obama "recovery" is the slowest---by far---in modern american history
    Oh really? "By far", as well?

    Mitt Romney Says "This Is the Slowest Job Recovery Since Hoover" [Rated FALSE]

    ...

    We compared the unemployment rate at the end of the 23-month period to what it was at the beginning of the period.

    By this measure, too, the current recovery is not the weakest. Three recoveries actually saw an increase in the unemployment rate after 23 months (ones under George W. Bush, George H.W. Bush and Carter/Reagan), while another (under President Richard Nixon) produced a smaller decline in the unemployment rate than the current recovery has. (Because a budding recovery can entice discouraged workers back into the labor force, it’s not unusual for the unemployment rate to rise in a recovery.)

    ...

    Where does this leave us? Romney has a point that the current recovery is relatively weak by historical standards. But it’s inaccurate to say that "it’s the slowest job recovery since Hoover." Depending on what yardstick you use, it’s either the third worst or the fifth worst recovery since World War II. That’s not a great accomplishment for the Obama Administration, but we’re checking Romney here, and he chose to make his point in a way that isn’t accurate. So we rate the claim False.
    Last edited by Swizz; 07-12-11 at 04:04 PM.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Swizz View Post
    What is it about the word 'promise' that you don't quite understand?
    it means unemployment is a full FORTY PERCENT higher than the white house SOLD it

    hey, how bout the time he PROMISED to cut the deficit in half

    Obama: I Promise To Cut The Deficit In Half By 2013

    LOL!

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by The Prof View Post
    ppp is a dem pollster (out of south carolina)

    quinnipiac (from connecticut) has been famously wrong in florida for years, at least since crist whalloped jim davis in 06

    for example, qn had crist beating rubio (who won his 3 way by 20) as late as august

    fyi
    we've seen the procession to the statehouse steps in Ohio -- petitions in hand, thousands and thousands of signatures -- we've seen the mass protests in Wisconsin, the consistent low approval for these Republican governors. Whatever you think of these individual polls and pollsters, you can't ignore "the lay of the land," as you put it. That's the thing about democracy -- it's all about comrpomise. Don't dare overstep.

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    Re: Obama: No Deal Without Tax Hikes

    Across a wide range of measures—employment growth, unemployment levels, bank lending, economic output, income growth, home prices and household expectations for financial well-being—the economy's improvement since the recession's end in June 2009 has been the worst, or one of the worst, since the government started tracking these trends after World War II.
    Wall Street Journal Online - WSJ

    Payroll employment today is 5% lower than it was before the recession began 41 months ago. That places the current economic recovery far below all other recessions dating back to the 1960's.
    The US Jobs Gap

    it is what it is, an historically slow recovery

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Swizz View Post
    "By far", as well?
    usa today, may 20: "that is by far the worst performance of job generation following any of the dozen recessions since the 1930's"

    link above

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by The Prof View Post
    it means unemployment is a full FORTY PERCENT higher than the white house SOLD it

    hey, how bout the time he PROMISED to cut the deficit in half

    Obama: I Promise To Cut The Deficit In Half By 2013

    LOL!
    U.S. House Republicans reject $4-trillion debt deal

    $4T is a generous offer ... why didn't the GOP take it again?
    Last edited by GhostlyJoe; 07-12-11 at 04:16 PM.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    Thank you for this, although I'm a little worried as to why you keep leaving Obama off these charts. I hope it's not because he's black.

    Nonetheless, it took me back to Bush's first term, when the media was blasting the "jobless recovery" and dems were going on about how only the rich people were benefiting from the recovery, how nobody could find work, and how a jobs record that bad hadn't been seen since the great depression.

    I don't know why we're not hearing anything like that from them about Obama. I hope it's not because he's black.

    Bush's awful jobs performance that first term is really highlighted when you plot the unemployment rate, with a job record this bad, it's a wonder he was able to squeak by for that second term:

    jobs.jpg

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by GhostlyJoe View Post
    That's the thing about democracy -- it's all about comrpomise. Don't dare overstep.
    tell it to cuomo, rahm, moonbeam, malloy, omalley, quinn, the massachusetts house, the springfield house, the trenton house...

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