Muscatine

Who gets the credit?

Posted in: Muscatine

In December 2008 under Bush roughly 650,000 jobs were lost. In January 2009 roughly 770,000 jobs were. In Febuary 2010 under Obama that number has dropped to 36,000. What % of credit do we give Obama, the Democrats, or even the Republicans? Clearly things have improved on a large scale. Who has done their job well?

 

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Hi TPSmile

 

I still think it's too early to tell. I'd guess both would like to take credit for any growth, but would find it a tough case to make for those who voted against every measure that may be helping. So I'd say the no votes will be standing on the failure claim, while the yes votes will be standing on the getting better side. As was the case a year before GW Bush left. But like each of the several stimulus packages Bush signed, they too claimed things were better as a result. At the risk of the pot calling the kettle black, there will be little said until we've had another year or more to ride in the storm. It's hard to stand behind multi-billion dollar bailouts and rebates, calling them necessary and productive, then turn around and call the very same attempts by a new admin. to stimulate the economy, socialistic control tactics and a failure.

 

Or::: it could just be that since the numbers are actually based on a shadowy tactic of calling those no longer eligible for benefits, or marginally employed, no longer unemployed. Gives a false tally and hope::: that seems to reflect a growing job market, but in reality is just as bad as it was weeks and months ago? Plus who knows the truth either way. It could be that the bottom has finally arrived, but staying at the bottom could last years. Besides, when the shelves are empty finally, they have to restock, so they call back the temps and laid off suckers to refill orders and then get laid off again. Any infusion of stimulus funds that go to main street rather than wall street has to help with the numbers sooner or later, even though they won't last. The only real answer is to get our jobs back on US soil and force the profiteers to take a pay cut too. ARE YOU LISTENING CONGRESS???????

 

Lucy

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In December 2008 under Bush roughly 650,000 jobs were lost. In January 2009 roughly 770,000 jobs were. In Febuary 2010 under Obama that number has dropped to 36,000. What % of credit do we give Obama, the Democrats, or even the Republicans? Clearly things have improved on a large scale. Who has done their job well?

 


Well, the above is a truly "stupid" statement in my opinion.   We all know that eventually the job loss well runs dry!  In other words, there are only so many jobs that will be lost in a non depression type recession.   And by the way, in fact, the number of people unemployed for six months or longer doubled over the past year under Obumbler and the Democrat congress and senate, reaching 6.3 million in February.  Most people realize that we are currently living under a significantly incompetent administration and congress.

 

Your dancing with the wrong sets of numbers. Who is still out of work is what you need to look at. They don't publish those nembers very often....and nobama will have that record.

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