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Unemployment dips to 8.9 pct., 192K jobs added

QUOTE Conservative

Why don't you check out the economic growth and job creation during those 4 years?


So sad. Another lamea** attempt at dishonesty on conservative’s part. :(CES0000000001=2001=132469 2002= 130591



Right, tax cuts are an expense to the govt. so suggest you send all your money and let them tell you how much you need. Two wars cost 100 billion a year for the last 10 years. 9/11 cost over a trillion dollars on one attack. We haven't been attacked again so looks like a good ROI

So that’s how it’s done eh? We bomb a country into the Stone Age…whoops, they were already there.:shock:

Well, that didn’t work, I guess we’d better gin up an attack on Iraq and say the oil will pay for it. Heh, heh, heh. :roll:



Bush had 8,5 million jobs created in 2001-2007 and lost 2 million in 2008. Obama has less employed today than when he took office. Bush had a recession in 2001, 9/11 in 2001, and the recession in 2008. The Bush recession ended 6-2009 according to NBER.


And Obama inherited the mother of all recessions…the bush recession.


Looks like the electorate looked at the promises Obama made during the campaign and held him accountable on Nov. 2, 2010. How did that turn out for him?


Kinda looks like we’ll maybe be seeing Sara, or Huck, or Maybe Michelle, or whatever the RNC dredges up in about two and a half years then. :2wave:


Here is what you cannot seem to understand, employment numbers for the first two years of the Bush Administration and the Obama Administration

2001 137778
2002 135701

2009 142221
2010 138333


9/11 and the recession of 2001 cost Bush 361,000 jobs

Obama has 2.9 million less people employed.

No 9/11 didn’t cost that many jobs, its the combination of the two-wars exacerbated, by the ill advised tax cuts during said wars.The rest your contorting yourself yet again pulling that stuff out.



Yep, another attempt to sell the leftwing socialist agenda of Barack Obama but the results don't fly


Got nothing left but add homs eh? That’s a sure sign that your meds have worn off…better take your Metamucil and go to bed om.:mrgreen:
 
Yep. 5 Buck a gallon Gas. Look'n good. Who could ask for a better STATE of THE UNION?
Gas prices are a product of supply and demand. (The ME is going through revolution.) State doesn't control that.

Last year the GDP reached a record high in US history, unemployment is dropping, banks are lending and companies are hiring. The state of the union is much better than it was in 2008 and much better than it could be if we "did nothing."
 
zeitgeist, can you stop posting irrelevant things please. Make a new thread in conspiracy theories if you want, but don't muddle conversations here.
 
donc;1059333149]So sad. Another lamea** attempt at dishonesty on conservative’s part. :(CES0000000001=2001=132469 2002= 130591

Lame attempt? LOL, facts always get in the way of your rhetoric. Here is the GDP amount and % change over the last 10 years. Refute the facts and notice the Republican Congress 2003-2006

2001 10286.20 3.36%
2002 10642.30 3.46%
2003 11142.10 4.70%
2004 11867.80 6.51%
2005 12638.40 6.49%
2006 13398.90 6.02%
2007 14077.60 5.07%
2008 14441.40 2.58%
2009 14256.30 -1.28%
2010 14657.8 2.82%


So that’s how it’s done eh? We bomb a country into the Stone Age…whoops, they were already there.:shock:

Well, that didn’t work, I guess we’d better gin up an attack on Iraq and say the oil will pay for it. Heh, heh, heh. :roll:

Here we go again, we went into Iraq for oil and to make Bush's oil buddies rich. What is the excuse for high oil prices now?


And Obama inherited the mother of all recessions…the bush recession.

The mother of all recessions exists when you don't get your latest IPhone. The 81 recession was much worse than this one, the difference is the economic policies that got us out of it vs. the leftwing agenda of Obama's. Obama took advantage of a crisis to implement his leftwing agenda but like a good little cult follower you buy the rhetoric and defend it to the hilt.

Kinda looks like we’ll maybe be seeing Sara, or Huck, or Maybe Michelle, or whatever the RNC dredges up in about two and a half years then. :2wave:

No President has even been re-elected with unemployment over 8% and if the numbers stay where they are it won't matter who the Republicans run. Obama record, 8.9% unemployment, 2 million fewer jobs today than when he took office, 3.5 trillion added to the debt, and 2.8% GDP growth.

No 9/11 didn’t cost that many jobs, its the combination of the two-wars exacerbated, by the ill advised tax cuts during said wars.The rest your contorting yourself yet again pulling that stuff out.

Not sure how old you are but you should know better
 
Moderator's Warning:
The prof is thread banned from this thread
 
Ok, so what is so funny about it? You think it's a big joke that Obama didn't like the numbers coming out of the CBO so he calls the head of the CBO into the Oval Office and surrounds him 10 to 1 with thugs.....This is what we have in the WH now, and lying gangster wanna be.


j-mac

You ahve to actually prove that and not just be willing to accept any conspiracy nonsense that is handed to you. :coffeepap
 
Lame attempt? LOL, facts always get in the way of your rhetoric. Here is the GDP amount and % change over the last 10 years. Refute the facts and notice the Republican Congress 2003-2006

2001 10286.20 3.36%
2002 10642.30 3.46%
2003 11142.10 4.70%
2004 11867.80 6.51%
2005 12638.40 6.49%
2006 13398.90 6.02%
2007 14077.60 5.07%
2008 14441.40 2.58%
2009 14256.30 -1.28%
2010 14657.8 2.82%

You will have quality growth rates when there is target inflation, massive government spending, loose monetary policy, and low taxes. However, the moral hazard risks associated with such economic policy can be exacerbated under a deregulatory environment.

Oh wait, recent events have shown such policies to be unsustainable.

No President has even been re-elected with unemployment over 8% and if the numbers stay where they are it won't matter who the Republicans run.

What was unemployment in 1937?

Obama record, 8.9% unemployment, 2 million fewer jobs today than when he took office, 3.5 trillion added to the debt, and 2.8% GDP growth.

Care to give us your over/under call on the unemployment rate in November 2012 (< or > 7%)?
 
You will have quality growth rates when there is target inflation, massive government spending, loose monetary policy, and low taxes. However, the moral hazard risks associated with such economic policy can be exacerbated under a deregulatory environment.

Oh wait, recent events have shown such policies to be unsustainable.
What was unemployment in 1937?


Care to give us your over/under call on the unemployment rate in November 2012 (< or > 7%)?

Around 8.5% or higher

As for the GDP, it is what it is and posted on bea.gov.

Unemployment from 1920 to 1940 which is prior to the creation of the Bureau of Labor Statistics

Year Rate
1920 5.2 %
1928 4.2
1930 8.7
1932 23.6
1934 21.7
1936 16.9
1938 19.0
1940 14.6

Read more: United States Unemployment Rate 1920–2008 — Infoplease.com http://www.infoplease.com/ipa/A0104719.html#ixzz1G2E5sJdO
 
Last edited:
I was referring to this quote of yours:
No President has even been re-elected with unemployment over 8% and if the numbers stay where they are it won't matter who the Republicans run.

The UE in 1936-'37 was around 17%, and FDR won easily.
 
I was referring to this quote of yours:

The UE in 1936-'37 was around 17%, and FDR won easily.

Forgot, I need to be specific with you and others looking for a gotcha moment, I was talking about using BLS data and BLS didn't exist then.
 
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