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In reply to the discussion: This is great. Thank you Mr. President. Good luck in November. Where are the jobs? [View all]progree
(12,882 posts)34. I hope Romney will return us to the good 'ol Bush days
{Sarcasm Alert} Look at the pathetic job growth under "Oblamer".
* Under "Obuhmuh" there has been only 27 straight months of private sector job growth.
* Only 2.5 million payroll jobs have been created under Obama since June 2009 (that's when the recession ended according to the NBER, and only 5 months since Obama took office) (thru May 2012 with April and May preliminary) . Bush created 1.1 million payroll jobs in his entire 8 year presidency
* Only 3.1 million private sector jobs were created under Obama since June 2009 (contrast that to 0.7 million private sector jobs lost during the Bush presidency)
As for Bush's record, again, of course, he was doing everything he could to reverse Jimmy Carter's ruinous policies, but them there "Demtards" in Congress were keeping him from doing it. I'm sure Romney will get that straightened out, after all he had the 47th best job creation record as governor of Massachusetts (proving that its possible to do worse, he wasn't 50th you know).
Oh, and the business community is paralyzed by uncertainty about what the next Kenyan socialist edict will befall them. When Bush left office and Obama took office, the S&P 500 was 850. As of noon ET 6/28/12, it is 1315, up a pathetic 55%, and it took over 3 years of "Obummer" policies to make even that small pathetic gain. (That used to be the criteria for a roaring secular bull market, but that was then, this is now, doncha know). Now its true, Bush inherited an S&P 500 of 1343, and left office with it at 850 -- a 37% decline. But that was not for lack of business and investor confidence with Bush, but rather the effects of Carter's Community Reinvestment Act.
S&P 500: http://finance.yahoo.com/q/hp?s=%5EGSPC+Historical+Prices
Payroll Jobs: http://data.bls.gov/timeseries/CES0000000001
Private Sector Employment: http://data.bls.gov/timeseries/CES0500000001
* Under "Obuhmuh" there has been only 27 straight months of private sector job growth.
* Only 2.5 million payroll jobs have been created under Obama since June 2009 (that's when the recession ended according to the NBER, and only 5 months since Obama took office) (thru May 2012 with April and May preliminary) . Bush created 1.1 million payroll jobs in his entire 8 year presidency
* Only 3.1 million private sector jobs were created under Obama since June 2009 (contrast that to 0.7 million private sector jobs lost during the Bush presidency)
As for Bush's record, again, of course, he was doing everything he could to reverse Jimmy Carter's ruinous policies, but them there "Demtards" in Congress were keeping him from doing it. I'm sure Romney will get that straightened out, after all he had the 47th best job creation record as governor of Massachusetts (proving that its possible to do worse, he wasn't 50th you know).
Oh, and the business community is paralyzed by uncertainty about what the next Kenyan socialist edict will befall them. When Bush left office and Obama took office, the S&P 500 was 850. As of noon ET 6/28/12, it is 1315, up a pathetic 55%, and it took over 3 years of "Obummer" policies to make even that small pathetic gain. (That used to be the criteria for a roaring secular bull market, but that was then, this is now, doncha know). Now its true, Bush inherited an S&P 500 of 1343, and left office with it at 850 -- a 37% decline. But that was not for lack of business and investor confidence with Bush, but rather the effects of Carter's Community Reinvestment Act.
S&P 500: http://finance.yahoo.com/q/hp?s=%5EGSPC+Historical+Prices
Payroll Jobs: http://data.bls.gov/timeseries/CES0000000001
Private Sector Employment: http://data.bls.gov/timeseries/CES0500000001
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This is great. Thank you Mr. President. Good luck in November. Where are the jobs? [View all]
CleanLucre
Jun 2012
OP
You do know that the repukes shot down the job bills President Obama tried to get? n/t
cynatnite
Jun 2012
#1
you should be aware that there are a plethora of jobs bilsl that the republican house refuses to
dionysus
Jun 2012
#64
Jobs are sitting on Boehner's desk, waiting to be passed while he wastes time on a
jillan
Jun 2012
#7
Thank you for letting POTUS enjoy 3 seconds of victory before criticizing him once again. n/t
zappaman
Jun 2012
#10
Ask the Republicans. They block Jobs Bills and are busy Sabotaging the economy.
emulatorloo
Jun 2012
#27
Excellent statistics I think, considering Congress has been blocking everything he's trying to do.
progree
Jun 2012
#40
There would be a lot more people in the job fair line if 4.3 million jobs had not been created
progree
Jun 2012
#60
I don't think this particular poster's interested in "statistics". They don't fit the script!
Tarheel_Dem
Jun 2012
#82
why don't you ask the fucking republicans in congress, that's how they stole the house in 2010
spanone
Jun 2012
#62
you mean those tons of job programs bills the house won't even bring to a vote? try again...
dionysus
Jun 2012
#63
Wasn't a snotty comment. We're all wondering what you propose to do besides waste people's time
progree
Jun 2012
#69
You desperately need a mirror. And your OP is one big bashfest and whinefest about Obama.
progree
Jun 2012
#72
Sure seems so, and judging from the many other comments, they took it that way too....
progree
Jun 2012
#91
No, just wondering why you posted the OP whinefest / bashfest in the first place.
progree
Jun 2012
#89
You do understand Pres Obama has been trying to get the Republican Congress to pass
glowing
Jun 2012
#84