The Obama administration said no such thing. You've been mislead by conservative propaganda again. Consider getting your information from a more reliable source if you want to be more accurate.
I proved it. Obama said he didn't underestimate. You claimed Bluesguy lied about that. Who's lying? You havent even addressed me. I can tell you are partisan to the ultra core. And no.
Unfortunately, no. He said he'd be a "one term proposition" if he couldn't turn around the economy, meaning he'll get voted out after 1 term if he failed. After 4 years of him and his followers moving the goal posts, they've convinced themselves that they have succeeded. Cue Iriemon copy+paste truth team script.
You didn't prove anything except that Obama said they didn't understimate how hard it would be. LOL sure. Maybe you just jump to conclusions. A lot of our conservative friends do that.
"spread out the same amount of labor over more people, and nothing changes. Just more people doing less work,"
Thats your rebuttal? LOL. Job losses bottomed out in early 2009, well before Obama's admin proposed their stimulus. Another proven fact.
I hear the adm brag about 5 million jobs created. Of course it cost us 5 trillion in deficit spending. By my math that's 1 million dollars per job. Better be some (*)(*)(*)(*)ed good jobs.
He knows I have posted it over and over to him and the graph he refers to about job losses cleatly shows that the rate of those loses bottomed out as Obama took office.
Have done so over and over and now bnbdnb has proven it also. You can pretend all you want. Are you deny we've never done this dance and that I have cited the quote to you previously? Such a conclusion to make after a mere 38 posts. One would think that you've spent a lot more time here before under a different name. Did you?[/QUOTE]
Job losses bottomed out in late 2009 early 2010, when after Obama's stimulus, we stopped losing jobs net and started gaining them.
[/QUOTE] False. Obama never said they new how bad the recession was going to be. Flat out fabrication. Another example of distortion and fabrication. It's all conservatives and folks like Bluesguy have left.
The pace of job losses slowed in early 2009. Yes, people continued to lose jobs, however less and less people were doing so. Now the only people getting jobs are those supposed to be retiring.
Something left out of the jobs report reporting Food Stamp Growth 75X Greater than Job Creation Food Stamp Growth 75X Greater than Job Creation Since January 2009, as the chart shows, a net of 194,000 new jobs have been created. During that same time, 14.7 million have been added to the Since January 2009, as the chart shows, a net of 194,000 new jobs have been created. During that same time, 14.7 million have been added to the food stamp rolls. food stamp rolls. "Simply put, the Presidents policies have not produced jobs. During his time in office, 14.7 million people were added to the food stamp rolls. Over "Simply put, the Presidents policies have not produced jobs. During his time in office, 14.7 million people were added to the food stamp rolls. Over that same time, only 194,000 jobs were createdthus 76 people went on food stamps for every one that found a job," says Senator Jeff Sessions, that same time, only 194,000 jobs were createdthus 76 people went on food stamps for every one that found a job," says Senator Jeff Sessions, ranking member of the Senate Budget Committee. "This is a product of low growth. Post-recession economic growth in 2010 was 2.4%, and ranking member of the Senate Budget Committee. "This is a product of low growth. Post-recession economic growth in 2010 was 2.4%, and dropped in 2011 to 1.8%. This year it has dropped again to 1.77%. Few, if any, net jobs will be created with growth of less than 2%." http://m.weeklystandard.com/blogs/food-stamp-growth-75x-greater-job-creation_660073.html
One positive thing for politicians is that human greed will always lead to increased GDP as people try and to do better for themselves and their families. As people work hard, make companies, hire people all in an attempt to make more money, things improve for others as they get new chances at employment and goods they didn't have access to before. What is ironic is when politicians use greed as a tool to bash one section of society, playing on the have nots and pointing at the haves saying their greed is wrong, and what is needed is to take from them to make society better. Well without greed and self interest society as a whole would not advance economically. To punish greed is not right, only punishing greed that takes advantage of others through fraud and force is what is right. For those who say Obama is responsible for economic growth I say horse (*)(*)(*)(*)... economic growth has happened despite Obama and more government control. I often wonder what the opportunity cost of raising taxes for more spending is. Historically the multiplier effect of government spending has been below 1, it is around .6 if I remember right. So for every dollar government spends sixty cents of GDP is created. Talk about a losing investment. Now what if that dollar was left for the private sector to decide, what is the opportunity costs. What would the GDP now if the government had laid hands off and let people be people and interact for their own benefit. I suspect much higher than it is now. But hey, im an extremist because I don't believe prosperity comes from a few elected officials. I guess I am a minority in that regard.
Rate is higher today then when Obama took office. And that doesn't account for those who stopped looking for work or who gave up looking. Obama is a failure.
