pbrauer
DP Veteran
- Joined
- Jun 6, 2010
- Messages
- 25,394
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- Location
- Oregon
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- Political Leaning
- Liberal
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%
Hey, we can give Bush credit for giving the auto industry some bread, without it they may have died. Today they are doing very thanks to both of them.
Economic failure?
When Obama came into Office, GDP was negative 8.9%. 2.6 million jobs were lost in the 3 months leading to his presidency. The stock market was nose diving and the economy was crashing. Now, though barely positive, GDP is still positive (compared to -8.9%). 19,000 jobs lost over the last 3 months (compared to 2.6 million). 2 of the 3 major indexes of the stock market are at all-time highs and the economy is doing far better than it was a little over 4 years ago when Bush left office.