Repubs want to compare to 2008
Republicans sometimes reference the recession, but rarely talk about the timing and the depth. Some of their lines are "How's that hope and change working?" and "Are you better off than you were 4 years ago?". Well, 4 years ago was 2008, and the pre-election hope and change slogan was prior to the deepest job losses that came in 2009.
- 76,000 jobs lost January 2008
- 76,000 jobs lost February 2008
- 80,000 jobs lost March 2008
- 20,000 jobs lost April 2008
- 62,000 jobs lost May 2008
- 62,000 jobs lost June 2008
- 51,000 jobs lost July 2008
- 84,000 jobs lost August 2008
–280,000 jobs lost September 2008
–240,000 jobs lost October 2008
–333,000 jobs lost November 2008
–632,000 jobs lost December 2008
–741,000 jobs lost January 2009
–681,000 jobs lost February 2009
–652,000 jobs lost March 2009
–519,000 jobs lost April 2009
-303,000 jobs lost May 2009
-463,000 jobs lost June 2009
–276,000 jobs lost July 2009
-201,000 jobs lost August 2009
–263,000 jobs lost September 2009
-111,000 jobs lost October 2009
+ 64,000 jobs created November 2009
The economy was losing 700K jobs a month when Obama took office. That's a huge number. After enacting the Stimulus, which most economists and even the US Chamber of Commerce were all calling for, we resumed positive job growth by the end of 2009 and it's been positive ever since. About 8 million jobs lost in the recession, about 4.5 million gained back.
I guess somehow Repubs think we should have regained all those 8 million jobs by now, in just 2.5 years since the job losses ended. That's absurd, especially given the tightening of lending standards, the millions of homes that went into foreclosure, and that we were exiting a housing construction bubble.
If you remember where we came from since 2009, it's been a good recovery. That's why Repubs want to move the reference point back to 2008, before the deepest part of the recession. It's all deception with these guys.
Nothing you do is research dude!
[QUOTE=WorldTravel69; 425526]With Bush!
Read it and Weep.
Why do I have to do all the research?
[url]http://www.thefiscaltimes.com/Columns/2012/06/01/Whos-the-Biggest-Spender-Obama-or-Bush.aspx#page1[/url][/QUOTE]Virtually every political post you write is complete nonsense from goofy liberal spam sources. Do you have any common sense dude? Your obsession with the last president is virtually clinical. Your after the fact college degree was a waste of time dude. Guessing it must have been in women's studies. Lmao. It's just about time for that intervention el Alamo spoke of. Stupid foolish and uninformed is no way to to through life union boy! Keep howling at the moon dude. Toymann
Esten never let's the facts get in the way!
[QUOTE=Tiny12; 425581]Right, look where we came from since 2009:
[url]http://online.wsj.com/article/SB10001424052702303822204577468750027784434.html?mod=googlenews_wsj[/url]
A good recovery? There hasn't been a recovery this slow with the unemployment rate still this high since the Great Depression.[/QUOTE]Looking forward to winning our bet esten! You better be good for it after you get through your post election theraphy! Lmao. Happy mongering all. Toymann