Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ProSense

(116,464 posts)
Fri Sep 7, 2012, 09:39 AM Sep 2012

Bush/Republicans destroyed the economy, now ask "are you better off?"

<...>

The employment recovery during Mr. Bush's first term was very sluggish, and private employment was down 913,000 jobs at the end of his first term. The recovery has been sluggish under Mr. Obama's presidency too, but there are now 35 thousand more private sector payroll jobs than when Mr. Obama's term started.

http://www.calculatedriskblog.com/2012/05/april-employment-summary-and-disucssion.html


That's not even counting the disaster at the end of Bush's second term.

Private Jobs Turn Positive for Obama Presidency

By Sudeep Reddy

<...>

Overall Jobs
The nation’s non-farm payrolls reached 133 million (reported as 132,989,000) in April’s preliminary seasonally adjusted count from the Labor Department. That’s 152,000 more than the level in February 2009, though still 572,000 fewer than in January 2009. (January 2009 posted the worst jobs decline of the downturn, a loss of 818,000 jobs in a single month.) If the job gains continue around the relatively slow pace we saw in April, the overall jobs count will be above the January 2009 level before election day.

Private-sector Jobs
With the latest report, total private payrolls are now higher than they were in January 2009. The latest count put private-sector jobs at about 111 million in April (reported as 111.02 million), or 35,000 jobs more than the January 2009 level. Private payrolls as of April were up 760,000 from Obama’s first full month in office in February 2009.

Government Jobs
Total public-sector employment in April stood at almost 22 million. That’s down by 607,000 from January 2009 and 608,000 from February 2009. The losses all came at the state and local levels. Employment by the federal government, at 2.8 million in April, was about 31,000 more than the January 2009 level. State government employment stood at 5.1 million in April, down from 5.2 million in January 2009. Payrolls of local governments stood at 14.1 million, down from 14.6 million in January 2009.

http://blogs.wsj.com/economics/2012/05/04/private-jobs-turn-positive-for-obama-presidency/


Is it any wonder why Republicans are hiding Bush?

Bush's lingering presence over his party
http://www.democraticunderground.com/10021258428

August 2012, the trend of state and local government layoffs continue:

The Bureau of Labor Statistics reported Friday morning that, seasonally adjusted, the economy created 103,000 new private jobs in August, and shed 7,000 government jobs for a net gain of 96,000. The consensus of experts surveyed ahead of time by Bloomberg was that there would be a net gain of 125,000. The official unemployment rate fell to 8.1 percent, mostly because of a shrinking work force.

http://www.dailykos.com/story/2012/09/07/1128574/-Government-reports-96-000-new-jobs-for-August-Official-jobless-rate-at-8-1-U6-at-14-7

Romney On Jobs? Who cares! Where the hell are Mitt's tax returns?
http://www.democraticunderground.com/10021293786

August jobs: 2007 (-18,000), 2008 (-274,000), 2012 (+96,000)
http://www.democraticunderground.com/10021293870


CHART: Economy Has Recovered All Private Sector Jobs Lost Since Obama Took Office
http://thinkprogress.org/economy/2012/05/04/478368/478368/







Latest Discussions»General Discussion»Bush/Republicans destroye...