Record 95,102,000 Americans Not in Labor Force;

Who said Bush lost 78 million jobs??

 

No response to what I actually said... 1 million jobs added under Bush. 11 million added under Obama. UR under Bush went from 4.2% to 7.8%, under Obama from 7.8% to 4.7%. I ask how that's worse and you pivot from employment figures to GDP.

 

Question to the right wingers posting here about how high the not in labor force numbers are...

How many of you are neither working nor looking for work...?

 

Yes they do count retirees and they do count 16 years and above in their numbers. 8 million seniors are working and under 2 million are working that are under 18.

 

The response was, the beginning and ending g numbers of the Bush era are not indicative of what actually occured during the entire Bush era. They are skewed by the housing bubble burst at the very end of his second term. Selective information is not always good information and doesn't give the big picture. It's a common tactic used by the media

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Are you attempting a scientific poll in this forum? Really?

 

LOL

So if you ignore the Great Recession, Bush's numbers look better? That's your point?

Well if you ignore the Great Recession while Obama was president, his numbers are also better as about 15 million jobs were created. You're failing to show Obama's job market is worse than Bush's.

You think that's a scientific poll??

 

The economy and economic cycles do not "reset" when a new President takes office. Nor do Presidents single handedly control either or public policy.

The Republicans took majority control of the Congress in 1996 and their policies led to the surpluses. They took total ccontrol in 2001 with Bush as the economy went into a slowdown/recession. They passed proper tax rate reductions which helped to mitigate the effects but did not phase them iin quickly enough. Unemployment 6.5% and they accelerate the phase in and the economy took off and we had 52 months of full employment and average LFPR. We didn't need to create a lot of new jobs because not a lot of jobs were lost and everyone was working. What's wrong with that would you like that "problem" now?

The Democrats took majority control of the Congress in 2007 before the 2008/2009 recession started. While they did pass TARP that was it. They passed nothing to mitigate the recession except huge increases in spending and then threatened higher taxes, more regulations more road blocks to recovery. And the job losses mounted. Then they took total control with Obama and passed the huge stimulus which did nothing to get the economy going and created the need to replenish all those jobs lost under DEMOCRAT policies. Was that better then under Republican policies?

 

Scroll back yes in that number they do.

 

Hardly.

 

Really?
Who caused again the 2008 crash and was during the time when this bubble was created and not fought due to incompetence President ... a crash which still cause today problems and had influence on many other following problems?
For sure Obama was guilty as presidential candidate at this time!

Bush was the worst President the USA had in last 100 years of history!
No, Obama was no good President for sure, but it is amazing how much guilt the righties put on Obama which was at least caused by Bush and his gangster administration!
Playing the 3 monkeys about Bush is an understatement as declaration about this behavior of the righties!

 

They took the House they did not take control of the Congress and did not take majority control of the government as the Democrats still controlled the Senate and the executive.. You have read the Constitution and in particular Article I?

"All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives."

Are you a US citizen?

Nope it agrees but as shown above you seem to have a lproblem with it.

Which policies did that?

The several plans they have proposed two by Doctors who serve and are forming the building blocks now.

The question is what have the DEMOCRATS offered to fix it it's THEIR PLAN. What has Obama proposed?

 

No one is suggesting economic cycles "reset" but there certainly are cycles. And those cycles typically do better when there's a Democrat in the White House. Going as far back as BLS data goes, only one Republican president left office with an unemployment rate lower than when he started. Compared to Democrats where not a single one left office with a lower unemployment rate than their respective starts.

As far as the budget surpluses, the deficit began falling years before Republicans took control of the Congress. They did continue falling under Republicans until becoming surpluses during Clinton's second term.

There is no 52 month period of job growth under Bush. That evaporated after data was revised. And the economy during that period was fueled largely by the real estate market, which was booming bigger than ever -- until it burst. But I do give credit to Bush and Republicans for that.

As far as Democrats taking over in 2007 and the economy slipping into recession later that year.... that Recession was due to toxic loans written years earlier. Trying to pin that on the 110th Congress is disingenuous at best. By the time Democrats took over in 2007, the real estate bubble was already beginning to burst as many states recorded a record number of foreclosures in 2006.

 

Sure I know of it But I didn't notice the number being posted with the (P) ie preliminary tag!

2016 Nov204(P) Dec156(P)

Get back to me when all the

HAVE BEEN ADJUSTED

 

Actually the great recession that skews bush numbers also skews Obama's, they make his look better than they really were. Bottom line with Obama is 2% growth or less which is some kind of record

 

Democrats caused the sub prime loans which led to economic collapse

 

He did not say they took control of the Congress. He said they took control of the House.

 

You understand where spending bills originate right?

yet I've shown you to be incorrect.

democrat policies

What have republicans proposed to replace it with? They've had the house since 2010. Other than impotent grandstanding with some 40+ futile attempts to repeal it, wasting tax payer money knowing full well there was no chance of repealing it. What's have the proposed to fix it, or replace it With?

 

Unemployment fell during Obama's tenure and rose during Bush's tenure. Here are the facts:

http://www.pennlive.com/opinion/2017/01/the_chart_that_explains_how_pr.html

 

In 2006, the extremely high growth of such risky real estate financing led US banks to bundle large portions of these loans - combined with prime-loans - into collateralised debt obligations (CDOs) or similar structured forms of finance , With an attractive rating from external rating agencies, to European or Asian banks. Thus a purely US-American risk was internationalized.

So ... who was again President of USA in 2006?

 

Not much of an Obama record since GDP was "weak" since 2001.

 

Is the 95,128,013 displaced not working included in this democrat graph of arithmatricks?

 

Congress was the body that demanded banks make subprime loans in the name of equality. Bush became concerned Fanny was failing and Barney Frank who was running the show said everything was fine and Bush was fear mongering. Bush does share blame though because as usual when dealing with Democrats he wimped out and backed down.

 

The workforce doesn't include retirees and children. But I understand why you need to pretend it does. Is it all warm and comfy, wrapped up in your delusions?

 

Not to mention all that bail out money to the Banks during the Bush Administration, paid back with interest under the Obama administration.

 

Bush will be remembered as an unusually ineffective President, and a curse on his own party. Bush was the Republican Obama.