Real unemployment numbers
According to the official US Debt Clock.org...
In 2008 the Bush unemployment was 10.696 million (and moving) In 2011 the Obama unemployment is 13.896 million (and moving) The difference is only 3.2 million, not nearly as bad as we have been led to believe. |
Re: Real unemployment numbers
3.2 million, but a 30% increase, which is non-trivial.
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It would probably be better to compare the numbers from when the economy bottomed out or a few months into Obama's presidency, rather than the numbers right before Bush left office, considering things were on a steep downward trajectory when Obama took office, and he couldn't do anything to immediately change that.
Graph: Unemployment rate (seasonally adjusted) The unemployment rate was around 8% when Obama took office, but continued to fall to about 10% over the next few months. It has since improved to 9%. Not a big improvement, but nonetheless I would say that it would be more fair to say that it has improved (quite slowly, true) under Obama than to blame Obama for the fact that it's higher than it was on the day he took office. It's also true that most Americans don't/didn't blame Obama for the state of the economy in the few months after he took office, so they would tend to assign responsibility to him for the slow recovery but not for the initial decline. Of course, some, such as myself, would assign most of the blame for the slow recovery on the obstructionist GOP caucus in Congress, and blame Obama to the extent that he was unable to push a larger stimulus through or negotiate well with the Bush tax cuts/debt ceiling debate (austerity measures are the opposite of what we should be doing right now). That's a failure with regards to dealing with the piece of shit Republicans, but obviously that's much better than actually being the piece of shit Republicans. |
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And actually, comparing unemployment numbers to presidents is somewhat an exercise in futility. I know every presidential candidate promises jobs, but that's actually a pretty tall order now that the ever-expanding credit boom of the last 30 years has finally busted.
In my non-expert opinion, job growth is going to be slow and gradual, and recovery will be long and unpleasant, and it doesn't really matter who is in the White House. |
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:derp:
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Only 3.20 million unemployed... Rejoice, be happy |
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So what you're going to post this exact same half-assed OP every two weeks with slightly different numbers?
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CompuServe Search |
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That has nothing to do with what I said :whoosh:
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In related news, unemployed people now have a lot more free time, and zero work-related injuries! And we've been led to believe that unemployment is a bad thing! |
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Also, funny that you use the word REAL in your title: your source lists a cell that reads
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Plus roughly 15 million more Food Stamp recipients from 2008 to 2011. Back to how things are actually better than we think |
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