Obama Jobs by the Numbers

Flopping Aces ^ | July 8, 2011 | Dan Scott

[dscott8186]

President Obama recently claimed the economy grew by some two millions jobs. This claim was on a seasonally adjusted basis to the middle of 2011. We expect politicians to put their best foot forward and also put the best face they can on their performance, however, as with all things to do with Obama, his rhetoric does not match reality. His claims typically come with an expiration date or a dictionary in liberal speak is needed to decipher his rhetoric into normal understanding. In Obama’s view of the world, we the average person are at fault for not properly understanding what he says, he can’t help if you are not of sufficient intelligence or understanding to grasp the reality of his statements.

Since it’s upon us to elevate our understanding, let’s examine the Bureau of Labor Statistics raw unmassaged numbers to see what actually happened since this recession took hold with a vengeance. Using 2008 as the base year we see some interesting things. Total Employment (total of full and part time workers) on an annual basis was 143,194,000 people holding jobs. In 2009 the first year of his presidency, total employment dropped to 137,775,000. 5,419,000 people lost their jobs in 2009. By 2010, having spent billions on stimulating the economy, and increasing the annual federal budget deficits by over a trillion dollars a year, total employment dropped to 136,858,000. Instead of creating jobs, the total number of people who lost their jobs cumulatively increased to 6,336,000 since 2008.

[dscott8186]

Since Barack Obama took office in January 2009 on a net basis not one full time job has been created.

[FrankR]

[wiggen]

excellent article