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Reply #20: 4 million Jobs have been lost since Obama took office. [View All]

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flyarm Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-23-10 03:11 PM
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20. 4 million Jobs have been lost since Obama took office.
http://www.usatoday.com/money/economy/2009-12-03-obama-jobs_N.htm
Obama puts renewed focus on job creation

By Richard Wolf, USA TODAY
12/4/2009

WASHINGTON Even before Barack Obama took the oath of office, his economic advisers projected that without hundreds of billions of dollars in government spending, the U.S. economy could lose another 3 million to 4 million jobs on top of the 3.1 million lost in 2008.
It turns out they were optimistic. Even with the $787 billion stimulus package that Obama signed in February, more than 4 million jobs have been lost in 2009, the worst year for job losses since World War II. The jobless rate that advisers projected would peak at 8% has topped 10%.

snip:
"Though the job losses we were experiencing earlier this year have slowed dramatically, we're still not creating enough new jobs each month to make up for the ones we're losing," Obama said last week. "For families and communities across the country, this recession will not end until we completely turn that tide."


**{b]see chart at link..Under Obama presidency we have lost the most number of jobs compared to Eisenhower,JFK,Johnson,Nixon,Ford,Carter,Reagan,GHBush,Clinton and GWBush{/b]
The closest was Jimmy Carter. Source: Bureau of Labor Statistics


Now I do not blame him..I just think he has done a horse shit job creating jobs and I have a huge beef with him putting the fox in the chicken coop with His Goldman Boys that he has given jobs to who fucked this nation and he put them back in charge to fix it?? bullshit ..they are still raping this nation..on the backs of the middle class and poor!
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