Discussion: Unemployment Rate Hits Lowest Of Obama's Administration

Discussion for article #236132

Worst Socialist ever.

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Unemployment Rate…

–Reagan enters office: …7.5%
–This point in Reagan’s term: …6.3%

–Obama enters office: …7.8%
–This point in Obama’s term…5.4%

http://data.bls.gov/timeseries/LNS14000000

Declined by 1.2% under Reagan, and 2.4% under Obama. That’s after Obama inherited a recession/depression, financial crisis, housing crisis, auto industry crisis, TWO wars and a $1.3 Trillion deficit. …

Fuck you, Republicans.

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This guy is so fucking amazing. And the history books will show it. Period!

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Yeah, well them “history” books will be banned in Teahadder states anyway!

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Total US Private Sector Jobs when…

–Bush entered office: …109,919,000
–Bush left office: …109,494,000

NET: -425,000 jobs LOST under Bush

–Obama entered office: …109,494,000
–Now: …119,126,000

NET: +9,632,000 jobs GAINED under Obama

http://www.bls.gov/webapps/legacy/cesbtab1.htm

No, really: Fuck you, Republicans.

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Just think how much better things would look if, for the last six years, we had been blessed with a Congress that understood that Keynes was right.

The right-wing mantra that “you can’t spend your way to prosperity” has been repeatedly disproven. The truth is that a national government can do precisely that. The nation’s budget has nothing in common with your household budget.

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Even more of an accomplishment considering the foolish Republican and dying cable attempts to stymie and thwart a President who really deserves a 3rd term…

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They won’t be banned in Canada. Canadians love American history.

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BEST POTUS, EVER!!!

Take that gop/bags…who are always wrong, on so many levels!

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Exactly.

Another right-wing mantra is that the government can’t create jobs. I can’t believe anyone actually thinks that. If defense spending doubled, that would have no impact on jobs? What if it was cut in half, would that have no impact? Assuming you are sane and agree that doubling defense spending would increase the number of jobs, and cutting in half would decrease the number of jobs, it follows that the same will hold true in other sectors of the economy (such as infrastructure) as well. Therefore government spending can create jobs. QED.

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…and it’s all because the TeaPubs gained control of Congress…

President Obama had nothing to do with it.

Very sad that he will not get any credit for his great performance and stewardship, despite overwhelming intransigence from the GOP.

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He will, but it will need to be historically. Most presidents do not get the credit they deserve in their own time. A few did, but Reagan for instance was loved by conservatives but not to the degree he was. Probably unjustly for the most part. Obama has had people calling him a failure since the day he stepped in.

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The slow wage growth is still a concern. It would not be as bad if it was proportional to everything else but corporate profits and such are generally up and have been going up fairly quickly. The disconnect is troubling and is the biggest issue in the wealth gap.

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HRC will bring us a third term, haven’t you heard? So that along with the iminent Clinton dynasty, the BENGHAZI!!! thing, and email will doom her.

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Homelessness in the SF Bay Area is at troubling levels and particularly around Silicon Valley and its gazillionaires who only want “to make things better.”

If it wasn’t for creeping Sharia Law preventing people from working the unemployment rate might be below 5%. Plus it caused my girlfriend to drop out of school. And she won’t go anywhere unless her brother accompanies her. I think he’s adopted, he doesn’t look like her at all. Unfriendly too, always taking her to dinner and stuff and telling me I’m not welcome.

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I’ll say it again. If Romney had won in 2012 and did nothing different, the media and the Republicans would be trumpeting the “Romney Recovery” right now.

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Extending your thought further: Wonder if this was the fourth quarter - second term of the McCain / Palin administration . . . . .