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IronLionZion

(51,716 posts)

12. Wishful, but unlikely

Fri Jun 6, 2014, 10:49 AM

Jun 2014

We're probably not going to get that many jobs from the private sector. Too many of them are stuck in the cutting and getting lean mentality rather than growth and investment.

A big part of the job losses has been from local and state government jobs, well over 1 million. Then big cuts in federal government jobs and contractors, many are good STEM jobs. And there are serious issues in the housing market, including a lack of decent home improvement work. A lot of real estate investors buy up cheap property, do the bare minimum cosmetic fixes, then rent it out at jacked up rates.

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8.7 million jobs were lost during the Great Bush Recession [View all] scheming daemons Jun 2014 OP

Due to population growth, we're still 6-10 million jobs in the hole MannyGoldstein Jun 2014 #1

U6 is at its lowest since October of 2008 scheming daemons Jun 2014 #4

50% higher than pre-recession MannyGoldstein Jun 2014 #11

God, if only we had the pre-recession Bush economy back! DCBob Jun 2014 #20

How so? brush Jun 2014 #7

We need 100,000-150,000 additional jobs per month to break even. MannyGoldstein Jun 2014 #10

Wishful, but unlikely IronLionZion Jun 2014 #12

Is it still "green shoots"? DCBob Jun 2014 #18

It's all Obama's fault liberal N proud Jun 2014 #2

Bush was very good at being very bad. deathrind Jun 2014 #3

At least one lost their jobs in early 2009, some of the best losses, and a new Thinkingabout Jun 2014 #5

Fantastic! I'll tell my husband he'd better get his ass to the office, stat. winter is coming Jun 2014 #6

LOL ..... MISSION ACCOMPLISHED ! NM_Birder Jun 2014 #8

It's even better when you compare private and gov't jobs. Government (state, local and federal) jobs okaawhatever Jun 2014 #9

I read its well over a million at the state and local level IronLionZion Jun 2014 #13

We are still 3 Million FullTime jobs short econoclast Jun 2014 #14

... napkinz Jun 2014 #15

Does any of this take into account that wages have been reduced. A fast food job rhett o rick Jun 2014 #16

and when bu$h left office the dow was hovering @ 8,000. it's now close to 17,000 spanone Jun 2014 #17

Nice graph! DCBob Jun 2014 #19

... napkinz Jun 2014 #21