But, why not measure job creation by net jobs created?
http://en.wikipedia.org/wiki/Jobs_created_during_U.S._presidential_terms And, let's not forget a lot of the jobs being created a part-time jobs under Obama due to the impact of Obamacare and the desire of employers to cut hours under 30 hours a week. That is why median incomes are down under Obama for all but the top 10%.
As far as the stock market goes, it solely the result of the Federal Reserve printing money which is increasing inflation and will, ultimately, increase it significantly. Under Reagan, the Federal Reserve was raising interest rates to decrease inflation.
Delusional..
Those lived through the Reagan Presidency know that the unemployment rate was high because there were so many jobs being created people were joining the work force that hadn’t worked in 10 years. Of course these people with a lack of experience had false starts and contributed to this unemployment number.
The entire difference was mood, people were confident that they could get a job and the future was bright.
Those lived through the Reagan Presidency know that the unemployment rate was high because there were so many jobs being created people were joining the work force that hadn’t worked in 10 years. Of course these people with a lack of experience had false starts and contributed to this unemployment number.
The entire difference was mood, people were confident that they could get a job and the future was bright.
Just say NO to drugs.
Read this...
http://www.forbes.com/sites/peterferrara/2011/05/05/reaganomics-vs-obamanomics-facts-and-figures/
I was making substantially more in the Reagan years than I am making now. And that’s in nominal dollars.
I’m skeptical of any article that takes TWO liberal pixies to write.
part time and working at fast food restaurants. without those categories we’d be over 10% unemployed right now.
And then these liberals rub salt into the wound.
What kind of drugs are they on??
Something tells me there’s a major election coming in two months. Gotta get the SHEEP in line to vote Democrat!
The brothers Grimm had nothing on these ass hat clowns.
They make “stuff” up faster than any liars I’ve ever seen.
321.0 SPLAT Liberal Cerebral Defenestration (LCD) or Liberal Acquired Brain Absence (LABA), Complete loss of rationality, cognition, and cerebration due to indiscriminately keeping one's mind so far open that the brain falls out. First and subsequent encounters.
I have even met die hard Obama supporters that admit the economy sucks....
No question this writer is smoking Crack and drinking the Kool Aid.
The Administration should hire this guy as their Joseph Goebbels. This is clearly B.S. propaganda.
Why does Forbes even publish this garbage?
The Obamaists changed the criteria underlying the unemployment rate in 2005 or 2006, IIRC. The numbers are not comparable because of that.
Forbes in the tank with these commies
I work for a major bank and yes, we have employees, but most are part-time or temps who have been wanting more hours or to get hired for months or in some cases, years. Our department was supposed to have grown 300% and we’ve been stuck with about 10-12 employees since 2009. Some days we run out of work at 11:30 in the morning. Now, I don’t claim to be an economist, but the economy - it still sucks, folks.