[QUOTE=Cardinal Fang;1060945429]No, it isn't. Unemployent in June 2009 was 14,727K. It peaked in October 2009 at 15,421K. Today it is 12,544K. Any questions?
Housing starts in August 2012 = 750K.
Housing starts in June 2009 = 585K.
As you can see housing starts have stabilized at rock bottom, not exactly something to be proud of.
His unemployment record is equally static and unimpressive.
"What was the unemployment rate when Bush left office and Obama was inaugurated? 7.8%
What was the unemployment rate after Obama's first full month in office (February 2009)? 8.3%
What was the unemployment rate at peak? 10.0%
What is today's (July 2012's) unemployment rate? 8.3%"
Now add to this the fact that median income is down, we have lost our AAA credit rating, gas prices have doubled, welfare is at record highs and what you have is a failed presidency.
Meanwhile, ask yourself who sent housing starts to those "rock bottom" levels of yours to begin with, and why that other guy didn't do something sooner to achieve stabilization at some higher level? Looks to me like just another garden-variety case of Republicans doing all the mess-creation work and Democrats coming along to do all the clean-up work. Nothing new there.
MONTHLY JOB LOSSES
Last edited by Cardinal Fang; 09-25-12 at 10:28 AM.
We can start with;
Trillions more in debt
gas has doubled in price
lost AAA credit rating
record high welfare rolls
forign policy has failed
unemployment persistantly over 8%
housing starts bumping along the bottom
home values bumping along the bottom
failed energy policy
fall in median income
I could go on forever but I am already late for work. As you can see though this partial list of obama failures is real life pertinent straight forward facts. Everything I have said is relevant to all of us on a daily basis and is a direct measurement on how well obama has done or not done I should say. Now feel free to spin away and contort numbers in any topsy turvy way you can find on your left wing web sites. Have fun.
Those are clown numbers, bro'. The real unemployment rate is U-3. Has been for generations. GDP since the recession ended...
“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes
Housing starts should be at rock bottom considering the number of available existing homes out there. Simple supply/demand working there.
Median income is a horrible statistic on which to draw any conclusions--it doesn't tell you jack about what income below or above the median is. If 2 people make $10K, one person makes $50K, and 2 people make $1B, then the median income is $50K because there are an equal number above and below.
Did someone just call Bush the worst president ever?
He was painfully average. Calling him the worst ever is like calling Obama the worst ever: it says more about the person saying it than anything else.
The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of Conservatives is to prevent mistakes from being corrected.
Where the hell is Rutherford B. Hayes when you need him the most?
Housing starts have bottomed because the inventory of vacant homes hasn't cleared, banks are reluctant to sell off their holdings, demand is down due to a variety of reasons, etc. Do you even know what a bubble is?Originally Posted by sawyerloggingon
"I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."