In spite of all that spending there are still 16 million unemployed Americans according to BLS and 3 million less employed today than there were when Obama took office.
And I posted two charts: one including census statistics and one just for private sector job growth.
And if you'll note the difference, the private sector job growth chart shows eight consecutive months of job creation. The overall chart, which I acknowledged is worse, shows the past three months show overall losses because of laid-off temporary census workers.
His poll numbers are poor. And there are fair criticisms to be made - as I made one myself earlier (if you managed to catch it or bothered to read it).
And yes (to address your post below), a 17% mortgage rate is terrible. But a 5% mortgage rate on a home that has lost 40% of its value isn't necessarily better.
And thanks for the debate. But I'm off to watch college football now.
Something you really need to think about is how much money was spent to generate this kind of job growth and ask if it was worth it since we still have 16 million unemployed and over 3 million less employed today than when he took office. That puts the job creation in proper perspective and indicates why the following is predicted.
59 Days to Decide: Evidence Mounts That Dems Are Facing Midterm Wipeout
Published September 04, 2010
Last edited by Conservative; 09-04-10 at 06:30 PM.
I do think the stimulus was sorely misused. It saved some jobs, but better spent, it may have saved more. And as I said earlier, I was very upset that Obama claimed that it would prevent unemployment from rising above 8%. That didn't happen for Reagan, and it wasn't going to happen for him.
I also think Dems are going to be severely damaged this fall. They deserve it. Just as Republicans deserved it in 2006.
I don't know if you read it earlier, but what I'd like to see is those of us who live in districts that have been gerrymandered into one-party submission sign a pact with our opposites across the party border to vote against the party of current standing.
I have and will accept a Republican control of Congress. But what I'd like to see is EVERY single district switch. Because then both parties will know that they can't continue their traditional shtick.
I think there are commonalities between people on both sides of the aisles. What I want is for us - as the 'common folk' - to put aside our differences for one election and tell the bastards that they can't continue ruling the way they're ruling.
But simply putting trust in Republicans isn't going to change anything. I mean, K-Street? The Cheney energy meetings? You can hate, Dems, dude. I'm fine with that. But shadiness isn't partisan - it's politician.
I know you and I disagree, but even aside from a love for college football (Jacksonville State? Really?), we do share this: I'm not a fan of our current system of government (I know you think I'm defending Obama, I'm really not - I'm just saying it's really not that much worse than it has been under others. I know you disagree, but that's okay - and I actually do like him more than I do Congressional Democrats and the only people I despise more than them are Congressional Republicans).
I think our current system has become so devoid of actual people governing that no one up there understands. If all you have are lawyers, doctors, and the descendants of wealth, they have no context with which to understand those of us who work 40-60 hour weeks to make a living and support our families.
If we can bury the hatchet, I just want our whole system changed. Not just the party in charge.
If I had my way I would kick out about 80% of the Congress and basically start over. Career politicians have to go as they are more interested in keeping their job than they are in doing their job. It is all about bringing home the bacon instead of being fiscally responsible. There is absolutely no reason for a 3.8 trillion dollar budget as our govt. is way out of control. GW Bush spent way too much money but Obama has put that spending on steroids. He has been an incredible disappointment for many but not for me. I hired a lot of people in my career and was pretty good at reading resumes. He didn't have the resume for the job and his radical associations have carried over into this Administration. He doesn't have a clue how to lead nor does he have the experience how to manage anything. We are paying the price for his radical background and inexperience as a manager.
It really is hard not not to like Obama personally but one has to be objective in looking at his policies and his actions. He is good at telling people what they want to hear but results matter more than rhetoric. It is the policies that are being implemented that bother me and it is those policies that have led to every prediction he as made to be wrong and his supporters cannot see that.
Film, I spent 35 years in the business world. I am objective but compassionate. I believe in helping those truly in need and do so willingly through my church and local charities. I hate sending money for social spending to the bureaucrats in D.C. who waste it and then blame everyone else for their failures.
Things have to change and it has to start with changing the Congress. I can only hope that the Republicans do a better job this time than they did the last time but Pelosi, Reid, and Obama have to go.
Anyway, how about Jacksonville State? Incredible upset. Some good games today on a weekend normally reserved for the top 25 beating up on their opponents. I love college football and look forward to a great season. I grew up in the Midwest but now live in TX. Favorite team in Texas is the Texas Tech Red Raiders.
I like that 2001 Dot-com bubble bust statistic, there . . . very juicy for my anti-clinton's-amazing-cause-he-had-a-surplus debates.
On the OP - that's actually good news, though I feel the article completely skimps on details that explain exactly why things are different.
A screaming comes across the sky.
It has happened before, but there is nothing to compare it to now.Pynchon - Gravity's Rainbow
I just refuse to blame only them. With regards to Obama, I honestly kinda pity him. Because I believe that he sincerely thought he could change things, only to arrive in Washington and find a system (corrupted by both parties) that is implacable.
One thing, you gotta give the guy: the teachers' unions seem to hate him more than they hated Bush because he is supporting the value-added payment system. Tennessee was a recipient of a Race to the Top grant and the plan they're using with it is this: they are going to give successful teachers bonuses and then those teachers will hold professional improvement seminars to share their tactics with teachers judged as failing in weekend and after-hours workshops.
This, to me, is a good role for the Federal Government. It's not dictating policy; it's inspiring innovation. As Justice Brandeis said, the states are laboratories for democracy. Rather than dictating policy (as No Child did), it's trying to find the best ideas states propose and rewarding them. And given the spending craze (by both parties), this is at least a good idea and relatively inexpensive at $4 billion.
My parents were both entrepreneurs (my dad owned a construction company; my mother a catering company - the most successful one in Hendrick Cty, Indiana at the time), so I do understand the concerns of small business. My partner also owned his own company for twelve years. Oddly, in all cases, it wasn't taxes that drove them out of business eventually. It was health care costs. Not for their employees (my dad's company provided benefits; my mom's was a very small company; my partner's was only himself + a receptionist who was a veteran with her own good benefits), but for themselves and their families. So, maybe it's just that we come from similar backgrounds with different results.
But what I want for our system of government is to elect individuals - even those who disagree - who will sit down with one another and craft ideas together to improve our nation and our economy. I was most disappointed in the current administration because that didn't happen. But I don't really blame Obama for that. I blame Congressional Democrats and Republicans for it.
Good ideas aren't solely owned by one side of the aisle. For instance: welfare reform. It was passed by a Republican Congress and signed by a Democratic President. As a result, my now late cousin (so liberal, he makes me look like you) Eric Parker started a not-for-profit called the Wisconsin Regional Training Partnership. In the years since he started it, they've educated 1,900+ former welfare recipients, giving them contemporary skills that got them jobs that are much more secure than, say, fast food jobs. Those families now collect living wages and support themselves. This wasn't JUST from a conservative that it happened. It came from both sides of the aisle, and something wonderful happened. And yes, some of the funding for the program comes from both Federal and State government grants.
The sad part is, during the campaign, he had meetings with people high up in Obama's team to be hired as a consultant. Then, married for the first time at 45, he and his new wife went on honeymoon at the Barrier Islands in North Carolina and as he was unloading the luggage from the trunk of the car, he dropped dead suddenly from a massive heart attack. I think we lost a potentially brilliant leader who took conservative philosophy (teach a man to fish) to pursue his liberal goals (living wages). So, I give Obama a bit of a break even though I'm not his biggest fan, partially because when my cousin passed away, we all received a personal letter of condolence from him (his staff, yes, but still...)
When I post numbers opposing yours, they're really not in his defense. They're just pointing out that recoveries are always slow and always tough. My criticism of him is that he presented an overly-optimistic portrait of what the stimulus would do. I think he let the Congressional Democrats misuse it (much as Bush let his Republican Congress misuse funds quite frequently) and didn't lead as much as he should have. But, I criticize the Congressional Republicans because they're holding up the one bill that I think is the best bill that has been proposed so far (the small business loan and hiring bill). That's why I can't totally get behind handing it over to them.
Anyway, likely my last post for the night: There were some surprisingly good games today. I went to Indiana University, so I always have a love for the underdog, since my team is an underdog at least 8 or 9 games a year, so that was fun. I like Texas Tech, but I can never like Texas (unless they're playing Miami (FL))!
Anyway, take care and it's nice to find some common ground - even if we'll likely never vote for the same person. Understanding those we disagree with and treating them fairly is the only way we can make our nation stronger. I think you and I took a big step in that direction today. I wish you well.
That'll make everyone happy.
Until the Messiah's tax increases cut in this January and job creation STALLS dead.
And what this chart really says is that the employment trend reversed in 2008 the first time, shifting from increasing job losses to decreasing losses eventually leading to net employment gains....and....this is key, under the Messiah, the trendline has reversed again, and the job creation rate is declining and may reasonably be expected to begin showing net private sector losses in the near future.
I define the "near future" as the period after the holiday bubble, if we're lucky, and before it, if we're not.