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George Bush's Recession - 4,000 jobs gone

Discussion in 'Political Discussion' started by mikey, Sep 8, 2007.

  1. mikey

    mikey In the Starting Line-Up

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  2. ParrotPaul

    ParrotPaul Rookie

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  3. PressCoverage

    PressCoverage Banned

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    you've really gotta love the 'nothing-to-see-here' positive spin the Bush administration puts on everything... even the aspects that Pubbies harp on as Boy King's clearest "undeniable" successes, like his "work" on the economy...
     
  4. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    OK . . . in the past 4 years, 8.2 Million jobs have been created. But I guess a 4,000 loss overides that.
     
  5. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    Here's another way of looking at it:

    http://www.washingtonmonthly.com/blogphotos/Blog_Job_Growth_Since_1921.gif

    and another way:

    http://graphics7.nytimes.com/images/2003/07/02/business/03JOBSch450.gif

    http://www.smithersmpls.com/graphics/jobs.jpg

    Also, you left out the fact that our population grows by about 1% per year, so those 8 million new jobs you talk about do not keep up with that.
     
  6. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    Dead Man Found In Cemetery
     
  7. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    First, that's a typically disingenuous response given that those graphs are 3 and 4 years old.

    Second, how is the unemployment rate at historic lows ?

    Third, many of the jobs created are small businesses which are typically slow to get into the jobs report.
     
  8. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    And to mikey, more disingenuous crap - since when is a job loss in a month a recession ? Do you know what a recession is ? Or are you just spouting off words to make Bush look bad even though you're lying ?
     
  9. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    I tried to factor that in by pointing out that job creation has not quite kept pace with population growth. I think that means the chart would still show negative growth during Bush's term, but less than is displayed.

    I don't think it is at historic lows, though it's possible we had a month like that. I suppose the answer is that a sizable number of people are no longer collecting unemployment insurance but are still unemployed. The other possibility is that unemployment, like the Bush economy has been erratic (and he's had a few good months), but his overall record remains poor. This chart is not current, but it is from the conservative Heritage Foundation:

    http://www.heritage.org/Research/Economy/images/table1.gif

    Here's another look, from a different site, but more current:

    http://www.economagic.com/em-cgi/data.exe/blsln/lns14000000

    So, you think the employment situation is improving and we'll see that in a few months?
     
  10. Real World

    Real World Moderator Staff Member

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    Some of you people are funny.
     

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