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Tuesday, January 17, 2012

Is Obama Really a Job-Losing President

[reposted from Facebook Status] 4.4 million jobs were lost during Bush's final year in office. During the first four months of Obama's presidency the nation lost an additional 2.5 million jobs [do we blame Obama's policies for this job loss?]. We lost 800,000 jobs in November of 2008, more than 600,000 jobs in December of 2008, and an additional 800,000 jobs in January of 2009 [Obama assumed office January 20th?]. Since Obama took office we have seen consistent reductions in monthly job loss. Since November of 2009 [25 month-period] we have consistently netted jobs or experienced job loss at a much smaller rate than at the end of 2008. 7 months of job loss, and 18 months of job creation. 15-consecutive months of job creation. 200 thousand jobs created last month. sn# if a team is down by 20 and a bench player comes in for the final minutes and the team loses by 25, we don't blame the bench player; conversely if because of that players actions, a shooters touch perhaps, the team loses by 8, then one might suggest that the player made a horrible situation better. Still not good, but better! That's what Obama has done.

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