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Thread: Judging Stimulus by Job Data Reveals Success

  1. #11
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    Re: Judging Stimulus by Job Data Reveals Success

    that's pretty

    this isn't:

    US Unemployment Rate

    2008-01 4.90
    2008-02 4.80
    2008-03 5.10
    2008-04 5.00
    2008-05 5.50
    2008-06 5.50
    2008-07 5.70
    2008-08 6.10
    2008-09 6.10
    2008-10 6.50
    2008-11 6.70
    2008-12 7.20
    2009-01 7.60
    2009-02 8.10
    2009-03 8.50
    2009-04 8.90
    2009-05 9.40
    2009-06 9.50
    2009-07 9.40
    2009-08 9.70
    2009-09 9.80
    2009-10 10.20
    2009-11 10.00
    2009-12 10.00
    2010-01 9.70

    The United States Unemployment Rate

    another, even homelier:

    six percent of americans BELIEVE obama's spiel on the stimulus, a word he can never again use

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    Re: Judging Stimulus by Job Data Reveals Success

    Quote Originally Posted by megaprogman View Post
    Economic Scene - Success of Stimulus Bill Is Noteworthy as Another Is Weighed - NYTimes.com

    The article is a little preachy for my taste, so here is the most important paragraph.



    I am curious to see what these numbers settle out to be in the end. Usually these types of large projects are best analyzed after the fact.
    How is this possible when they've only spent about 30% of it?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Judging Stimulus by Job Data Reveals Success

    Quote Originally Posted by ScottD View Post
    It was almost 8% when he took office. Get your numbers straight.

    Now for a graph that more shows the success of the Obama administration:

    Eveyone of those lines except november represents jobs being lost.

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    Re: Judging Stimulus by Job Data Reveals Success

    Quote Originally Posted by ScottD View Post
    It was almost 8% when he took office. Get your numbers straight.

    Now for a graph that more shows the success of the Obama administration:

    It makes me so sad when people cite this graph, because it demonstrates a terribly poor understanding of how the economy works.

    Are you actually trying to argue that the moment Obama took office, the economy started getting better regardless of what he actually did? Why would it do that?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Judging Stimulus by Job Data Reveals Success

    Quote Originally Posted by ScottD View Post
    It was almost 8% when he took office. Get your numbers straight.

    Now for a graph that more shows the success of the Obama administration:


    Oh! They've been busy re-writing history again. Progressives are so efficient at that, aren't they?

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    Re: Judging Stimulus by Job Data Reveals Success

    Quote Originally Posted by Scarecrow Akhbar View Post
    Oh! They've been busy re-writing history again. Progressives are so efficient at that, aren't they?
    I'm pretty sure it is accurate. It is all in the presentation.

    If you look close it looks like obama has more job losses total.
    Last edited by drz-400; 02-17-10 at 11:07 PM.

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    Re: Judging Stimulus by Job Data Reveals Success

    The graph is as accurate as the data it is based off of

    For those that dont understand it

    The graph's only real purpose is to show the reduced velocity in how bad the economy was/getting.

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    Re: Judging Stimulus by Job Data Reveals Success

    Quote Originally Posted by drz-400 View Post
    I'm pretty sure it is accurate. It is all in the presentation.

    If you look close it looks like obama has more job losses total.
    The arguments at the beginning of the Messiah's Administration was that if the Stimulus Porkulus was not passed in a hurry, the unemployment rate would shoot from six to eight percent.

    That means the charts now showing a end-of-Bush unemployment rate of nearly 8% are not based on the same data set.

    They update those figures constantly, and it's actually not unusual or even wrong, but that's not germane to the argument.

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    Re: Judging Stimulus by Job Data Reveals Success

    Quote Originally Posted by Scarecrow Akhbar View Post
    What success? The unemployment rate was 6% before the Messiah took office, the warning was that if we DIDN'T impose that $0.7T "Stimulus" (only 1/3 spent) on the taxpayers, then unemployment would rise to (gasp!!!) 8%.

    The bill was passed.

    Unemployment is now 10%.

    This is the definition of success you accept from your Messiah?

    Well, if you people accept this ass-backwards definition of success, why don't we urge the Messiah to destroy the country and wish him all the success he can get?
    Unemployment rate was 7.7% before Obama took office.
    Bureau of Labor Statistics Data

    Up from the 4% it was at when Bush Jr took office

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    Re: Judging Stimulus by Job Data Reveals Success

    Quote Originally Posted by Scarecrow Akhbar View Post
    The arguments at the beginning of the Messiah's Administration was that if the Stimulus Porkulus was not passed in a hurry, the unemployment rate would shoot from six to eight percent.

    That means the charts now showing a end-of-Bush unemployment rate of nearly 8% are not based on the same data set.

    They update those figures constantly, and it's actually not unusual or even wrong, but that's not germane to the argument.
    Kinda hard to argue from 6 to 8 when unemployment was at 7.7 when Obama was sworn in.

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