Originally Posted by
MuyLocoNC 
MILLIONS of lost jobs during his presidency... MILLIONS, still hovering at a "real" unemployment number around 17%... fantastic, well worth the TRILLIONS he's spent.
millions lost in the few months after he first sat down in the oval office.
millions gained later on.
If the above comments were about Obama I hope to God that you were not attempting to imply that the numbers of lost jobs and alleged created jobs roughly equaled out since Obama became president.
On the day Obama took office the unemployment rate was 7.8%. Until Nov. 2011 unemployment hovered right at about 9% and in Nov. 2011 it dropped to 8.6%. That means Obama is still in negative numbers, in the bucket, when it comes to job creation during his time in office. Many jobs that were created during Obama's time in office so far were short term temporary positions, like the large number of census workers that gave a short term better appearance to the unemployment figures, but then only ended up making the numbers go up in the end.
Plus if you add those who have fallen off the unemployment rolls due to time unemployed, who have given up looking, the actual unemployment rate is more like 16.6%. But then those numbers, the true unemployment rate figures, are never uttered by any administration.
When it comes to handling the economy, which is job creation, Obama has been an unmitigated disaster. Going by all past economic recoveries after recessions, by now the economy should have recovered a great deal and be much stronger than it is and unemployment should have dropped to levels below the 7.8% they were when Obama took office.
People can say what they will about President Bush, and admittedly the 2001 recession was not as bad as the last one, but the economy was on the verge of collapse when Dubya took office. All but two of the economic indicators that when they have all bottomed out say there is a recession had bottomed out prior to Dubya being elected. The last two bottomed out less than two months into his presidency, way sooner than he had any time to do anything to effect the economy in such a way, so he was handed a recession that just was not officially a recession yet, but through actions he took and asked Congress for the economy returned to growth in the fourth quarter of 2001 and continued to grow for 24 consecutive quarters.
The economy grew at a rapid pace of 7.5 percent above inflation during the third quarter of 2003 – the highest since 1984.
Under President Bush the United States had 52 months of uninterrupted job growth, the longest run on record.
Yes, then the bottom did fall out, but that was largely due to policies that dated back to the Clinton years, and once Barry took over, with a 7.8% unemployment record things only got worse, compared to the 52 consecutive months of job growth under Dubya that only ended because of policies a decade old, or older, from the previous administration finally blew up in his face.
And event that Dubya and Congressional Republicans repeatedly asked and practically begged Congressional Democrats, starting in 2001 and right up until the implosion, to help them head off before it became disastrous, but of course Congressional Democrats refused to accept that there was a problem in the making and repeatedly refused to help head off the disaster.
So the terrible Dubya set an all time record for number of months in a row of job creation, and Barry took over with 7.8% unemployment and after it hovering around 9%, after three years in office, he's managed to get it all the way down to 8.6%.
That's the difference between having a president in the White House and having a community organizer in the White House.
