Author Topic: The real Obama jobs index is worse than you thought....  (Read 1895 times)

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Offline marv

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The real Obama jobs index is worse than you thought....
« on: January 11, 2014, 01:30:49 PM »
Here’s just a sample from Investors Business Daily...
Quote
(snip)

    6.3 million: Net new jobs created since Obama’s recovery started in June 2009
    13.8 million: New jobs that would have been created had Obama’s kept pace with the average of the previous 10 recoveries.

    3.6%: Growth in private jobs since Obama took office.
    43%: Growth in the number of temp jobs.

    91.8 million: Number of people not in the labor force as of December.
    525,000: Increase since November.
    11.2 million: Increase since Obama took office.

    6.7%: Jobless rate 54 months into Obama’s recovery.
    5.1%: Unemployment rate 54 months into George W. Bush’s “jobless” recovery.

    13.1%: Jobless rate in Dec. using a broader measure — U6 — which includes people marginally attached to labor force or working part time for economic reasons.
    9.2%: Average U6 rate in Bush’s eight years in office.

(snip)

One of the additional stats which is extremely important, but particularly dismal, is the drop in median household income. During the height of the recession from 2007 to 2009, household income dropped $1,006 annually, as you might expect during such a crisis. But during the “recovery” from then until now, how much did it bounce back? It dropped an additional $2,535 per household.

(snip)

If you thought things were bad, you’re right. But you might not have realized just how bad they are. Democrats have cooked up this "income inequality" meme. But the real inequality is not too many rich people, but too many jobless poor people.
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Offline JohnnyReb

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Re: The real Obama jobs index is worse than you thought....
« Reply #1 on: January 11, 2014, 02:38:51 PM »
Obama will have a bloodless coup.....we will all starve to death.....just like his hero, Stalin.
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin