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Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%
Here's a list of presidents, along with the level of increase, or decrease, of the U3 unemployment rate after 50 months in office... Unemployment has not increased for any Democrat president and only 1 Republican president lowered it.
* = in office 29 months
** = in office 34 months
*** = in office 48 months
Bureau of Labor Statistics Data
He's not as incompetent as most Republican presidents...Obama is the most incompetent person to ever hold the office, he lacked the experience and leadership skills for the job and his performance shows it. Far too many people lack an understanding of leadership skills and simply buy the rhetoric. There isn't a President in history that took office with the good will of Obama and he failed miserably. His "my way or the highway" approach because of his overwhelming numbers generated the results we have today where are a total disaster. We have a labor force of 155 million and 143 million employed vs. a labor force of 153 million and 146 million employed when the recession began. To get those numbers he has added over 6 trillion to the debt. There are record numbers on taxpayer assistance and his transformation of America into a European model is a disaster yet he continues to get people to buy his rhetoric.
Here's a list of presidents, along with the level of increase, or decrease, of the U3 unemployment rate after 50 months in office... Unemployment has not increased for any Democrat president and only 1 Republican president lowered it.
Clinton | -2.1 | -29% |
Johnson | -2.0 | -35% |
Kennedy** | -1.2 | -14% |
Reagan | -0.3 | -4% |
Obama | -0.2 | -3% |
Carter*** | 0.0 | 0% |
Eisenhower | +0.8 | +28% |
Bush | +1.0 | +24% |
Nixon | +1.5 | +44% |
GHW Bush*** | +1.9 | +35% |
Ford* | +2.0 | +36% |
* = in office 29 months
** = in office 34 months
*** = in office 48 months
Bureau of Labor Statistics Data