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Thread: US economy creates 243,000 jobs in January

  1. #501
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Sheik Yerbuti View Post
    [COLOR=#0000ff]Again, forget the percentages. The rates were relative from when each respective president took office up until their 36th month in office -- same as Obama. And regardless of what the rate was when each one took office, it increased more under every single Republican president than Obama with the lone exception of Reagan, who saw the same0.5 point increase as Obama. I also note that Obama was the only Democrat president to even have the unemployment rate increase after 36 months in office, but then again, no other president except for FDR was handed an economy which lost 8 million jobs in 18 months.

    Bureau of Labor Statistics Data[/INDENT]
    Ok, lets do (data from your link).

    Eisenhower began office with a UE rate of 2.6%
    Nixon began office with a UE rate of 3.4%
    Ford began office with a UE rate of 5.5%
    GHWB began office with a UE rate of 5.2%

    Considering that many economist think that ‘full employment’ is around 5% the UE rate of the presidents above had nowhere to go but up. Conversely the Democratic presidents began office with UE rates of:

    Kennedy – 6.6%
    Johnson – 5.7%
    Carter – 7.5%
    Clinton – 7.3%
    Obama – 7.8%

    Obviously theirs were high enough than any seemingly increase in confidence (among other reasons) from the new office would result in SOME reduction in the rate.

    Was this your point?

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by treedancer View Post
    What other recession in history was left to a President with an economy In as bad a shape as this one was? The only thing that comes close is when Hoover left FDR the great Depression.
    The 1981-82 recession was worse on the American people as evidenced by the misery index including high interest rates, high unemployment, and of course morale. you obviously werent old enough to remember

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Sheik Yerbuti View Post
    Republicans were in charge while the housing market was ballooning out of control which led to the financial collapse while Democrats were in charge.

    But of course, you know this already. You just can't help yourself from lying about it.
    You really don't understand leadership do you? Leaders accept responsibility not delegating it.

  4. #504
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Dickieboy View Post
    Ok, lets do (data from your link).

    Eisenhower began office with a UE rate of 2.6%
    Nixon began office with a UE rate of 3.4%
    Ford began office with a UE rate of 5.5%
    GHWB began office with a UE rate of 5.2%

    Considering that many economist think that ‘full employment’ is around 5% the UE rate of the presidents above had nowhere to go but up. Conversely the Democratic presidents began office with UE rates of:

    Kennedy – 6.6%
    Johnson – 5.7%
    Carter – 7.5%
    Clinton – 7.3%
    Obama – 7.8%

    Obviously theirs were high enough than any seemingly increase in confidence (among other reasons) from the new office would result in SOME reduction in the rate.

    Was this your point?
    I'd say you highlighting the fact tha Republican Presidents typically inherit low unemployment rates; but Democrat presidents typically inherit high unemployment rates; pretty much makes my point.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    You really don't understand leadership do you? Leaders accept responsibility not delegating it.
    Regretably for you, your insults do absolutely nothing to refute what I said. I take that as tacit confession on your part that you concede my point. Thanks.tKd

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    The 1981-82 recession was worse on the American people as evidenced by the misery index including high interest rates, high unemployment, and of course morale. you obviously werent old enough to remember
    Stop lying. You are well aware that GDP is the number one indicator of the economy, not the misery index, which is not an indicator.i

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Sheik Yerbuti View Post
    Regretably for you, your insults do absolutely nothing to refute what I said. I take that as tacit confession on your part that you concede my point. Thanks.tKd
    No problem, liberals always claim victory to divert from their failurs.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Sheik Yerbuti View Post
    Stop lying. You are well aware that GDP is the number one indicator of the economy, not the misery index, which is not an indicator.i
    So report the GDP numbers 2 years after the end of the Reagan and Obama recession. Do the same with jobs, employment, misery index. Isn't it interesting that everyone is a liar but you?

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    No problem, liberals always claim victory to divert from their failurs.
    Cries the poster who just relied on insults to divert from his failure to refute what I said.


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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    So report the GDP numbers 2 years after the end of the Reagan and Obama recession. Do the same with jobs, employment, misery index. Isn't it interesting that everyone is a liar but you?
    Try and sray focused, Con ... we're talking about the recessions, not the recoveries. Stop trying to change topics every time your nonsense gets shot down.

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