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Old September 5th, 2017, 06:24 AM   #31
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Originally Posted by imaginethat View Post
Substantiate that claim, please.
Obama's 1.58% average annual real economic growth was the lowest in history, even worse than GWB's pitiful 2.11% .

Obama got $14 trillion in economic stimulus, nearly $10 trillion of that was debt that has to be paid back, but only delivered $4 trillion of economic growth.

Last year, FY 2016, Obama added $1.4 trillion to the national debt and we only had a GDP growth rate of 1.6%.
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Old September 5th, 2017, 06:26 AM   #32
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Originally Posted by goober View Post
Do you have a link, or are you just making that shit up?

Because on this planet according to the BLS https://data.bls.gov/search/query/re...b-1+historical
There were 130,681,000 non farm jobs when Bush took office, 109,928,000 in the private sector, 20,753,000 in the government sector
There were 132,042,000 non farm jobs when Bush left office, 109,571,000 in the private sector, 22,471,000 in the government sector
There were 143,273,000 non farm jobs when Obama left office, 121,104,000 in the private sector, 22,169,000 in the government sector

And today there are 146,541,000 total non farm jobs

Those numbers are from payrolls reported by employers. They include full time, and part time jobs.

So according to you, every job in America today is a full time job, and when Bush left office there were 5 million more full time jobs than there were total jobs.
IT'S A MIRACLE!
Or you've been PWNED!
Why not count all of the jobs in America? Why exclude millions?

Data extracted on: September 5, 2017 (10:25:49 AM)

Labor Force Statistics from the Current Population Survey

Series Id: LNS12000000
Seasonally Adjusted
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over


Download:
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2001 137778 137612 137783 137299 137092 136873 137071 136241 136846 136392 136238 136047
2002 135701 136438 136177 136126 136539 136415 136413 136705 137302 137008 136521 136426
2003 137417(1) 137482 137434 137633 137544 137790 137474 137549 137609 137984 138424 138411
2004 138472(1) 138542 138453 138680 138852 139174 139556 139573 139487 139732 140231 140125
2005 140245(1) 140385 140654 141254 141609 141714 142026 142434 142401 142548 142499 142752
2006 143150(1) 143457 143741 143761 144089 144353 144202 144625 144815 145314 145534 145970
2007 146028(1) 146057 146320 145586 145903 146063 145905 145682 146244 145946 146595 146273
2008 146378(1) 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152(1) 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438(1) 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
2011 139250(1) 139394 139639 139586 139624 139384 139524 139942 140183 140368 140826 140902
2012 141584(1) 141858 142036 141899 142206 142391 142292 142291 143044 143431 143333 143330
2013 143225(1) 143315 143319 143603 143856 144006 144318 144304 144466 143577 144536 144741
2014 145055(1) 145102 145715 145673 145819 146222 146461 146501 146845 147426 147361 147521
2015 148061(1) 148108 148244 148522 148792 148742 148890 149092 148932 149255 149419 150030
2016 150533(1) 151043 151301 151028 151058 151090 151546 151655 151926 151902 152048 152111
2017 152081(1) 152528 153000 153156 152923 153168 153513 153439
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Old September 5th, 2017, 06:28 AM   #33
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Originally Posted by goober View Post
It's all relative, the only job growth during the Bush administration was from the expansion of government, private sector employment went down, the economy crashed, the worst downturn since the Depression, that's where Obama started.
Bush started with the lowest unemployment of his 8 years and a budget surplus, 8 years of Republican "pro growth policy" later, and we had a 1.8 trillion dollar deficit and we were shedding a half million jobs a month.

Obama turned that around, cut the deficit, dropped the unemployment rate, added 12 million jobs.

Judge Trump when he leaves office, then you'll see what he did.
But celebrating the continuing growth from Obama policies might just be the only good thing there will be to say about Trump.
Obama did not add 12 million jobs, why lie?

Obama cut the deficit? Obama added $1.4 trillion to the national debt his last fiscal year in office!
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Old September 5th, 2017, 07:04 AM   #34
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"Obama's 1.58% average annual real economic growth was the lowest in history, even worse than GWB's pitiful 2.11% ." L #31
a) "The lowest in history"? I doubt that.

b) Senator Obama was inaugurated during the worst economic recession since the Great Depression.
Generally in that economic environment we wouldn't expect stellar economics.

Despite that, Obama was quite skillful in dodging the stink-bomb mine-field left him by Bush / Cheney / Paulson.
Allowing Lehman Bros. to fold, but keeping GM afloat for example; very s a v v y.

Private sector job growth is a useful economic indicator.
When Bush left office we were losing over 800K private sector jobs per month.

BUT !!
Quote:
“... Reince Priebus, the Republican National Chairman today said that 300K jobs ... aught to be expected every month ... and just a historical perspective:
- during the 8 years of President Bush (younger) there were 2.1 million net jobs created in the United States. Of the 2.1 million, 1.8 million of them were in the public sector ... that means there were 300,000 jobs in the private sector in 8 months, in 8 years rather, net ...
more jobs have been created in the United States in the last 4 years than in Europe, Japan, all the industrialized modern world combined. ...
70 years since WWII. 36 years of Republican presidents, 34 years of Democratic presidents. In those 70 years, there were 36.7 million jobs created under Republican presidents ... a little over half the time. In 34 years there were 63.7 million created by Democrats. That's 29 million more. You know, perhaps it's an accident once, or twice or what. But I mean at some point the Democrats ought to be comfort in the fact that they have been better the economy and job creation than have been the opposition.
...
It's 15 years since we've had 10 consecutive months of over 200,000 [job growth]. Just 15 years ago there was a fella from Arkansas ... there were more jobs created in Bill Clinton's 8 years than there were in Ronald Reagan's 8 years, and the 12 years of both Bush's combined. I mean 6 million more jobs created in those 8 years, ... policy does kick in, & is reflected in the results.” Mark Shields
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Old September 5th, 2017, 07:18 AM   #35
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Originally Posted by Libertine View Post
Obama's 1.58% average annual real economic growth was the lowest in history, even worse than GWB's pitiful 2.11% .

Obama got $14 trillion in economic stimulus, nearly $10 trillion of that was debt that has to be paid back, but only delivered $4 trillion of economic growth.

Last year, FY 2016, Obama added $1.4 trillion to the national debt and we only had a GDP growth rate of 1.6%.
And your sources?
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Old September 5th, 2017, 08:27 AM   #36
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Originally Posted by imaginethat View Post
And your sources?
https://ycharts.com/indicators/real_gdp_growth
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Old September 5th, 2017, 09:40 AM   #37
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Quote:
Originally Posted by Libertine View Post
Obama's 1.58% average annual real economic growth was the lowest in history, even worse than GWB's pitiful 2.11% .

Obama got $14 trillion in economic stimulus, nearly $10 trillion of that was debt that has to be paid back, but only delivered $4 trillion of economic growth.

Last year, FY 2016, Obama added $1.4 trillion to the national debt and we only had a GDP growth rate of 1.6%.


Tsk, tsk. Facts have no place when discussing matters with the left. That is why there is no common ground, not with neo-Communists.
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Old September 5th, 2017, 11:00 AM   #38
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Originally Posted by imaginethat View Post
Substantiate that claim, please.
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Old September 5th, 2017, 01:18 PM   #39
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Originally Posted by TNVolunteer73 View Post
There were 12,000,000 jobs created during the OBAMA administration.

6,500,000 of those jobs were PART TIME or temp jobs.

That is why the U6 in 2008 and 2016 was 9.2%

The U3 unemployment rate (which you love to quote, counts FULL TIME and PART TIME and TEMP jobs) as full time employment.

the U6 does not count part time and Temp Jobs as full time employment.

Thanks for playing

Silly Liberal, Being informed is for Conservatives.
There were 17 million jobs created during the Obama administration.

Median income is up $3K during this Obama economy that by the way we are still in.

The GDP was 2.6% for 14 quarters during this economy, and over 3% for 8 of those quarters.

This in spite of the most do nothing obstructionist Republican congress in the history of the country. Had moron red state America been intelligent enough to not vote Republican since 2010, we would have seen growth on a scale not seen since the 1950's.

But you can't fix stupid.

Anyway, to continue, job growth has continued for 80 straight months. A record.

Uninsured citizens are at the lowest point in history.

Conservatives crash economies. Liberals fix them. An historic fact.

Red state America is in the position they are because of their own stupidity, and only for their own stupidity, and just as soon as they stop voting Republican, their lives will immediately start to get better.

President Trump?s ?Unprecedented? Economic Growth? | MSNBC
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Old September 5th, 2017, 01:39 PM   #40
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Originally Posted by skews13 View Post
There were 17 million jobs created during the Obama administration.

Median income is up $3K during this Obama economy that by the way we are still in.

The GDP was 2.6% for 14 quarters during this economy, and over 3% for 8 of those quarters.

This in spite of the most do nothing obstructionist Republican congress in the history of the country. Had moron red state America been intelligent enough to not vote Republican since 2010, we would have seen growth on a scale not seen since the 1950's.

But you can't fix stupid.

Anyway, to continue, job growth has continued for 80 straight months. A record.

Uninsured citizens are at the lowest point in history.

Conservatives crash economies. Liberals fix them. An historic fact.

Red state America is in the position they are because of their own stupidity, and only for their own stupidity, and just as soon as they stop voting Republican, their lives will immediately start to get better.

President Trump?s ?Unprecedented? Economic Growth? | MSNBC
Why do you tell all the lies with the data is right above.

Obama did not create 17 million jobs. It was a little less than 10 million.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2009 142152(1) 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2017 152081(1)

Obama only hit 2.6% GDP one year, and that was his highest. GDP growth in 2016 was a pitiful 1.6%.

Real median household income never recovered from the recession under Obama. Real median household was much less when Obama left office that it was in Jan 2009.
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