What are you guys talking about anyway? It takes years for the impact on any policy to be felt. Obamas first year in office really belongs to Bush. Just as buses first year belonged to Clinton. I love hoe repubs blame clinton for the recession in 2001 and 9/11 but Obama for bushes mismanagement. What hypocrisy!
haven't looked stats, during the bubble economy of gwb, we were at full employment. employment can never be 100% for those that don't know anyway you probably had a lot of people working who don't need to, like housewives for example that have probably left the job force.
sigh...I shouldn't even waste my time, but... Because the ****storm created by Wall Street WRT mortgages and home loans left so many existing properties vacant that it makes a LOT more sense to buy a foreclosure or distressed property for peanuts rather than contract a new home build. Because the recession was so deep that the hole is just now starting to fill. This is at least partly due to the fact that the GOP continue to obstruct every measure proposed that might boost hiring in order to try to maintain hope that they will be able to beat Obama in the general election. Because there are still 6 million less jobs in America today than there were when all this started in 2007. Then, see my comment immediately above. Wow, cherry pick much? That is a really specific demographic to highlight, was it the only one that might reflect badly on the current administration? I would guess that this number doubled after they started coming home and found out that they didn't have a place to live anymore since their home was foreclosed on due to my first comment above. Because we have 6 million less jobs in America than when the recession started in 2007. You see, during a recession the number of people on food stamps and unemployment increases as a result of job losses. Because we have 6 million less jobs in America than when the recession started in 2007. Because we have 6 million less jobs in America than when the recession started in 2007.
This happens a lot. I have personally seen this happen at a number of companies. The employers really have the foreigners by the short hairs -- they can pay them less and make them work harder because the threat of deportation is there, since the employer controls that. It's not great for American workers, but for the employer they can get quality talent that's willing to crank.
my ex wife is a manager at an engineering firm. she's not an engineer has no college degree or even any meaningful. she's been there since 04 and managing since 08. had she been managing in 05, she would have been the manager of the people who died in the BP refinery, not the deep sea well. anyway, when the economy tanked they moved a bunch of young engineers on visas to her department. they had to justify to the governmnet their new positions or their visas would have been revoked. obviously my ex was nervous because she thought they might replace her.
69,000 jobs created this month (labor force participation was up by 642,000) and last month revised down to 77,000 jobs created and 143,000 in March. What's Obama gonna say?
Oh please. This is just ridiculous. Looming taxes and regulations? Did you know that U.S. corporations are sitting on the biggest piles of cash they've ever had? Let me translate it in a way you can comprehend. U.S. corporations would rather sit on cash and pay taxes on that rather than invest it back into growth and avoid the tax. In other words, they are opting to pay MORE in taxes rather than invest. The reason is that consumer demand is so weak they have no interest in hiring, expanding, or advertising more. Until you get consumer demand going, the economy is going to sit where it is. And that will be until the gov't is completely done shedding jobs and employment can stabalize, and consumers have paid off enough debts and increased savings where spending can start growing again and we can get back to a virtuous growth cycle.
If it was ever possible to get a straight answer out of bigtexxx, it'd be wonderful to know what he thought of unemployment skyrocketing under our previous administration if he considers what our current president has done a failure. Of course, that's not possible because, and this is not a personal insult, he's a partisan hack full of chicken****tery who would call Obama a failure if we were at 4.9% unemployment and gas prices were $1.01 a gallon.
if that's your definition of success, then we have different visions for America. The depths you stoop to in order to justify Obama's performance are unbelievable.
Do you think Obama has done a good job on job growth? Can you seriously tell me that with a straight face?
Given where he started and the obstacles thrown in by the GOP, he has done as well as could be expected. It certainly isn't what I hoped for, but better than I thought it would be when Wall Street tanked the economy. I thought we were in for a second Great Depression, but timely action at the beginning of Obama's term kept us out of a multi-year depression.
