Maybe if horrible Obama borrows $5 trillion more from China... he can create his first private sector job-no? Yeah it's all Bushes fault that a total incompetent that has never held a private sector job, never signed the front of a paycheck, is ruining America.
Private Sector Jobs are in Red... Note the private sector jobs crash from 2007, until Barack Hussein Obama takes office and turns that Bush disaster around.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
IT'S OFFICIAL: Obama Recovery Now Ranks Dead Last in Modern Times Obama now ranks 10th of 10 recoveries in both jobs & economic growth Jul 06 2012
With the new June jobs report in hand, President Barack Obama's economic recovery now ranks as the worst in modern times in terms of both job creation and economic growth, says the GOP leader of Congress's Joint Economic Committee.
Texas Congressman Kevin Brady, the top Republican on the Joint Economic Committee, observed that the June Employment Report released today by the Bureau of Labor Statistics along with the gross domestic product report released by the Bureau of Economic Analysis on June 28th has marked a milestone: President Obama’s economic recovery ranks as dead last in the post-World War II era.
“Since 1945, the United States has had ten economic recoveries that lasted more than one year. In terms of both how fast the U.S. economy has recovered and how many private sector jobs have been created since the recession's low point, President Obama now ranks tenth of ten - that's dead last," said Brady.
“Three years after the recession officially ended in June 2009, we still have more than four million fewer private sector jobs than we did when the recession started,” he continued. “And for the 41st consecutive month, the unemployment rate has soared above a discouraging 8%.”
Brady says that while President Obama boasts about the 4.4 million private sector jobs he claims have been created during the latest 28 months, put in perspective "President Obama's recovery has been weaker than every one of his predecessors in the past even decades. He can try to spin it any way he wants but when measured by jobs or by economic growth he's at the bottom of the list."
Last week, the Bureau of Economic Analysis reported that real GDP grew expanded by 6.7% over eleven quarters since the recession ended. Today, the Bureau of Labor Statistics reported the number of private sector jobs had grown by a mere 4.1% since the cyclical low point.
In contrast, real GDP expanded by 17.6%, and private sector jobs ballooned by 10.7% during comparable periods of the Reagan recovery. “Obama’s economic record, frankly, is embarrassing,” Brady said.
“Think about it - despite President Obama's stimulus, financial bailout, housing bailout, auto bailout, cash-for-clunkers, cash-for-caulkers and an unprecedented five trillion dollars in deficit spending, the Obama recovery is officially dead last in results. Can unemployed Americans really afford four more years of this failed economic leadership?"http://www.jec.senate.gov/republicans/public/index.cfm?p=PressReleases&ContentRecord_id=a3cd4a33-3b59-4ff6-8353-090d9e41e027
IT'S OFFICIAL: Obama Recovery Now Ranks Dead Last in Modern Times Obama now ranks 10th of 10 recoveries in both jobs & economic growth
YUP! The Bush Economic Meltdown was way worse than many had anticipated at it's beginning. Just think of how much better the USA Economy would be today if we had two parties working to rebuild the system instead of just the Democrats doing it alone.
To quote the voice of the Republican Party in America... "I HOPE HE FAILS!" ... even if it means America fails along with him.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Obama spent 4.5 trillion dollars on a policy that produced very few positive results for people who are out of work and the anemic economy but he sure took care of all of his political supporters with the taxpayers money.
Obama spent 4.5 trillion dollars on a policy that produced very few positive results for people who are out of work and the anemic economy but he sure took care of all of his political supporters with the taxpayers money.
Just think about how much better the country would be if the Republicans had joined Obama by proposing their own jobs bill, or recovery package.
Shadow continues to blame Obama for not fixing Bush's disaster... with not a peep of blame for Bush or those Republicans in office today who backed Bush's Economic Meltdown policy.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Bush was a disaster as far as spending goes and also increasing the size of government both of which I am against. Box always fails to give the Dems credit for creating the housing bubble which started the financial meltdown that led to the bank failures. Remember Frank and Dodd and how they told Congress that Fannie and Freddie were fine nothing to worry about we're handling it.
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
Bush was a disaster as far as spending goes and also increasing the size of government both of which I am against. Box always fails to give the Dems credit for creating the housing bubble which started the financial meltdown that led to the bank failures. Remember Frank and Dodd and how they told Congress that Fannie and Freddie were fine nothing to worry about we're handling it.
Check it out Shadow. I agree that the housing bubble was a disaster... but compared to the Bush Tax Cuts for the Rich, and funding two wars on credit... the housing bubble is minor in comparison.
So Shadow... if you are to be honest in the future... you might want to consult this graph before you assign blame to either the Democrats or the Republicans.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Also you have to take into consideration that the Dems controlled both houses of Congress since 2006 until 2010. Bush had help spending all that money.
It's all Bush's fault! WTF has horrible Obama been doing the past three years? Borrowing trillions from China, apologizing to Muslim nations {the latest Pakistan} and lying about job creation. These idiots should pick Mayor McCheese for Labor Secretary. He knows how to lie about job creation and get away with it. 80,000 jobs have not been created. The Obama Labor Department will revise the inflated figures downward as it has done the past 3 months. Obama is finished. There was no recovery and finally the press is looking into how he {not Bush} wasted billions on creating jobs overseas with his phony stimulus money.
Not quite ALL BUSH'S FAULT... but you look at the graph below and tell me how much was Bush's fault. Even if you blame the Democrats entirely for the housing problem... how much of the debt is BUSH'S fault???
Posting... "It's all Bush's fault!" doesn't change the facts... it just makes you feel better!
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
REVISION DOWNWARD only 75,000 jobs created by horrible Obama NATIONWIDE. Worst 3 month retail activity since 2008. A huge weekly increase in new unemployment claims. County unemployment up 1% in a month. Where are the jobs Mr President? A one term disaster who actually makes Herbert Hoover look like a brilliant economic genius.