- Nov 2012
- Lebanon, TN
I am merely saying that the governments actions kept two million people employed and at good jobs. Would those people have found work at other companies. Probably, eventually. But the fact is the economy was shedding jobs and at a furious rate. Unemployment was already 10% and climbing. Keeping those people employed was the smart move. In doing so the government has certainly been paid back several times over.
Obama only created ~1.5 million full time jobs the rest were part time since trump has become POTUS we have added 6 million full time jobs.
The reason you have not seen as large of a change in the U3 unemployment but a massive change in the U6 is because those part time jobs of Obama's economy (the new normal?) is those part time jobs that Obama said would ALWAYS BE PART TIME were UPSIZED to full time.