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Which part of this isn’t clear?
http://arts.bev.net/roperldavid/politics/unemployupdate.htm
This is one of my broken record moments.
When the Democrats took over congress at mid-term they knew that they were not going to get a Democrat elected as president unless the economy was struggling. So they started campaigning for a bad economy. Each night, as we turned our TV’s on, we would see either Nance, Harry or another minion telling us how bad the economy was. As confidence in the economy waned, housing started to tumble. And the Democrats going back to Carter can be blamed for that.
There are very few things that can go wrong with an economy if you hold people responsible for their own actions. Democrats always give their constituents a pass so they can keep them voting Democratic. It pisses me off that I’m funding the Democratic party through my taxes.
As soon as Bush II stepped into the White House the MSM started screaming RECESSION RECESSION, BUSH is causing a RECESSION! It was such in your face propaganda that my husband and I discussed it and he still remembers it.
The man had not been in office a week before the Clinton caused recession was permanently pinned on Bush.
I am no fan of Bush II but if you are going to pin his ears back use the Patriot Act and the “historic $700 billion bank bailout” in October 2008 not the Clinton caused recession.
The Democrats are proud to tell people that Clinton left office with a surplus. But this surplus was dropping under Clinton. Democrats and the MSM will not tell you that the economy was going south fast during his last year in office and that if he would have been in office one more year he would have seen his surplus disappear. Democrats are shameless.
I lost more in the stock market under the last year of Clinton than and did the first seven of Bush. Bush is given the blame for the recession but it started under Clinton.
The Democrats changed how recessions were defined before Bush II left office so that he got the blame for the recession that Obama is continuing. Using the old definition, this is an Obama recession. And the first recession under Bush II is the fault of Clinton using the current definition.
There was no surplus. That is Washington DC fictional math. If your budget says you are going to spend 10% more than the previous year and you only spend 7% more than your previous year federal government math says you had a 3% “surplus” even though you were borrowing 20% of the money you spent. It’s all cooking the books. If any one of us handled money like the government did during Clinton’s make-believe surplus (or any other time in history post WWII) we would be in prison for fraud.
I agree, Fictional Math is the same as “Million Man March Math.”
The surplus was created by clinton playing games with the numbers. Analysis here: The Myth of the Clinton Surplus It is a long explanation of government math and magic.
The key quote:
“As soon as Bush II stepped into the White House the MSM started screaming RECESSION RECESSION, BUSH is causing a RECESSION! ”
I disagree. The Bush administration was out early talking about recession so as not to be blamed for it. Rightly so.
The Bush administration was out early, but they could not overtake the avalanche of recession baiting by the Democrats and MSM. Bush was blamed for freckles, sun spots and anything lazy ignorant people would not take responsibility for.
It’s always the same since the radical Left took over the Democrat party in the 1980s and 1990s.
It has been the same since some idiot with delusions of grandeur got on a horse and convinced a band of thugs and thieves it was easier to kill and steal than to work. The really successful ones were called Kings.
Then Amsel Bauer Mayer Rothschild figured out it was much better to sit at home and lend money to the fool on the horse leading the pack of thugs and thieves.
“Let me issue and control a Nation’s money and I care not who makes its laws”. ~ Rothschild, 1838
Since Fractional Reserve Banking allows the banker to steal money from everyone without them figuring it out, it allowed the Princes and Kings to wage bigger and bigger wars. Thanks to the industrial revolution the wealth was there to steal and the Bankers and Princes and Kings and Presidents and Dictators have been happily waging wars ever since with the peasants paying in wealth and blood. (Keeps the peasants from figuring out they are being defrauded and keeps their numbers down.)
The Bankers also tried other methods of gaining wealth and power. Karl Marx was financed by Phillips, a banker and the Bolshevik Revolution was financed by bankers.
Then in the 1930s the decision was made to grab the whole ball of wax. Strip away the flowery language and that is what World Trade Organization Director-General Pascal Lamy is saying:
After WWII they Kings and Presidents were scared that a really crazy thug just might forget the rules of the game (The big wig rulers don’t get killed) and turn the whole earth into a glowing cinder… or at least the part the big wig was sitting on.
The Big Problem today is all of the Sociopathic Thugs think THEY are going to be top dog and I very much doubt it will end well especially after that idiot Bill Clinton gave China the keys to the weapons locker. link
“Economic Interdependence and War: A Theory of Trade Expectations,”
China Picks at the Scab to Keep the Wound Fresh
Lessons of history: China’s century of humiliation
A fall in labor force participation is probably one of the main causes of a declining unemployment rate.
http://data.bls.gov/timeseries/LNS11300000
I’m not defending the Democrats at all – they’ve been of no help to the economy – but simply pointing out that Republicans taking over Congress and a lower unemployment rate is being a bit disingenuous.
It is the cause of the drop in the UE rate. It would be over 9% without it.
http://globaleconomicanalysis.blogspot.com/2014/09/nonfarm-payrolls-142000-unemployment-61.html
It used to upset me in the last presidential election that the unemployment % kept coming down during the first Obama administration, yet there were months when NO jobs were added to the economy. There needs to be about 175,000 jobs added each month just to stay even with unemployment because of an increasing population. The MSM chose not to report on this subject because it would have hurt their man; even though it was a better indicator of unemployment and the true state of the economy.
Unemployment or employment rates are lagging idicators in the economy, that is they change after the events that affect the economy. They are effectively one of the feedback methods indirectly used by leftish governments to regulate an economy.
The REAL unemployment rate has been ~ 23-24% since Obummer took office.
As long as US technology is shipped to China and China has wages of between $165.62 (US Dollar) and $265.64 a month vs a US minimum wage of ~$1250 a month AND the WTO forbids tariffs and even inspection of incoming goods, you are not going to see any real increase in jobs at least jobs created by the transnational corporations.
The only place jobs are increasing is in the small business sector and massive new regulations and Obummercare are slamming the door shut on that.
Small firms consistently created 60 to 70 percent of new jobs, year after year, employ more than half of the entire U.S. workforce, and provides more than 50 percent of the nonfarm private gross domestic product (GDP). You would think in the current economic climate the US government would be bending over backwards to make sure the way was clear for small businesses. Instead from the Feds down to the county and village level, brain dead bureaucrats throw-up roadblock after roadblock to make sure new businesses are killed before they even have a chance to get off the ground.
The elite, owners of those mega corporations are cheering this on because you are left with no choice but to buy their shoddy, Chinese made over priced goods. Corporate profits for this reason are a rotten indicator of the health of the economy. Sooner or later the lack of real wealth in the hands of the consumer, the guys buying the goods is going to have a REAL impact.
PRICE: Regulations are choking small business engine of growth
Federal regulations have lowered real GDP growth by 2% per year since 1949 and made America 72% poorer
Argument for what’s certain: regulations hurting economy
It’s clear the Barack Obama White House ranks as one of the most activist regulatory administrations in history. Consequently, it’s not surprising the administration argues that regulatory costs and uncertainty aren’t hurting the economy.
Jan Eberly, assistant treasury secretary on economic policy, recently tried to make the case for an-all-is-well position on regulation in a Treasury Department blog….
She cites a recovery in corporate profits. But that ignores where profits should or could be. In fact, corporate profits only climbed above their 2006 levels last year. For good measure, Eberly ignores that as of the second quarter of this year, proprietors’ income had still failed to climb back to its 2006 level.
Eberly asserts that a flat workweek for private workers and low capacity utilization point to poor demand, not fear of regulation. [Boy is she full of chicken manure]
…most damning is the reality that while real personal consumption expenditures have climbed back to 2007 levels, real private nonresidential and residential fixed investment remain well below 2007 levels. Hmmm, that would seem to indicate a major problem on the supply side of the economy.
Finally, Eberly ignores the trend in self-employed. The number of incorporated self-employed has been falling for three years now, while the number of nonincorporated self-employed has been falling for more than four years. As a measure of entrepreneurship, this is a very worrisome trend and one that is affected by the policy climate, including regulatory costs and expectations.
Then there’s the latest results of a survey of small business owners for the Wells Fargo/Gallup Small Business Index:
Optimism for the future among small business owners dropped to its lowest level….
Indeed true We are stilling pumping trillions into this economy, “pushing on a string” and the participation rate has plunged by from three to five million more then demographics suggest. (Obama has taken manipulating Govt numbers to a new level indeed.)
Obamacare in the mean time is causing part time employees to work even less.
.http://globaleconomicanalysis.blogspot.com/2014/09/average-workweek-back-at-pre-recession.html
And this is before the employee mandate kicks in.
In third segment of the chart, the GOP only took over the House where they have been handcuffed by the do-nothing Democrat Senate. So it’s hard to give the GOP credit for that last segment except insofar as they have very likely prevented further damage by the Democrats.
I am sorry to say this. I agree with you on climate. On everything else, you tend to be a propagandist. You know what happened in 2008 don’t you? What led to 2008 was Republican ideology which co-opted opportunistic Democrats. Get over that thought.
The Democrats and the Republicans are essentially the same. All we get is an illusion that we have a choice.
See America’s Ruling Class
That is why I am an Independent. Now all I want is someone to vote FOR not a choice of the lesser of two evils.
Interesting that you say that. It was the Bush administration that tried to stop the mortgage issue. Democrats – and if i remember correctly some Republicans – were adamant that the program (i.e. redlining, CRA, etc.) stay in place.
Collusion of government and private corporations in an attempt to screw people over needs to be stopped. It’s about as far away from free market capitalism and classical liberalism one can get, yet capitalism and conservatism is blamed for the economic ills that we’re seeing today.
Collusion of government and private corporations = The Third Way and both the Republicans and the Democrats are on board. After all it is only fly over country that gets raped again.
Actually Bush was concerned with the entire break down of the industry through the repeal of legislation (This was signed by Clinton, but inspired by dumb republicans) which kept disparate financial banks separate, , “Comercial” vs “Investment”, and out of the mortgage market. ( Glass–Steagall) Bush was unsuccessful in wresting any control from the Senate finance committee controlled by Dems, who through Freddy and Fannie led the way to the MBS fiasco. Harvard MBA’s rated all this junk triple A, which even a 12 year old would know was really junk, bound to fail. The most avoidable crisis ever, led by government all the way.
What happened in 2008 was collapse in the housing market that took down the banking system. You can thank Jimmy Carter for the CRA. This piece of crap legislation was ignored by Reagan and Bush 1 but under Clinton it got wheels. Billy sent Janet Reno in to make the banks comply with the CRA legislation. What we got were a bunch of mortgage lenders forced to lend money to those who did not have the previously required 10-20% down. No buy-in. As the price of housing increased, these buyers remortgaged their houses to get some quick easy money. Then, with help from Nance and Harry, the economy took a sudden downturn and POOF!; no money in the house meant and easy way to walk away. And they did; in droves. Leaving the banking institutions that had bought up the mortgages in trouble.
Given that the banks just printed money out of thin air and then lent it out there was a bit more to it than that. (Getting in trouble lending out ‘monopoly money’ and getting ‘gold’ back as interest and principle takes real talent. The entire ‘cost’ of the loan is paid within the first year the rest is 100% profit.)
money printed out of thin air
Money Is Created by Banks: Evidence Given by Graham Towers
*****US Banks Operating Without Reserve Requirements*****
First National Bank of Montgomery vs. Daly (1969) …Mr. Morgan, the bank’s president, took the stand. To everyone’s surprise, Morgan admitted that the bank routinely created money “out of thin air” for its loans, and that this was standard banking practice.
First we had Good ole’ Billy shipping the blue collar jobs off to China via the ratification of the World Trade Organization. Followed by his getting China into the WTO and finally allowing US technology to be shipped to China. No Jobs = No Mortgage Payments.
Then there were the variable rate and balloon mortgages which should never have existed especially for the blue collar types but were often the only mortgages offered.
Finally there was AIG and credit default swaps (CDS) How the AIG Bailout is Driving More Foreclosures (Worth the read so you understand the trick played on the US homeowner and US tax payer who both got screwed over.)
Then there was the problem of the five new banking laws Clinton signed.
BANKING LAWS:
The McFadden Act of 1927 or Amendment to the National Banking Laws and the Federal Reserve Act (P.L. 69-639, 44 STAT. 1224): Prohibited interstate banking.
Law: Negating above:
Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (P.L. 103-328, 108 STAT. 2338).
Permits bank holding companies to acquire banks in any state one year Beginning June 1, 1997, allows interstate mergers.
…..
The Glass-Steagall Act or Banking Act of 1933 (P.L. 73-66, 48 STAT. 162): Separated commercial banking from investment banking, establishing them as separate lines of commerce.
Bank Holding Company Act of 1956 (P.L. 84-511, 70 STAT. 133): Prohibited bank holding companies headquartered in one state from acquiring a bank in another state.
Law: Negating both of the above laws:
Gramm-Leach-Bliley Act of 1999 (P.L. 106-102, 113 STAT 1338)
Repeals last vestiges of the Glass Steagall Act of 1933. Modifies portions of the Bank Holding Company Act to allow affiliations between banks and insurance underwriters. Law creates a new financial holding company authorized to engage in: underwriting and selling insurance and securities, conducting both commercial and merchant banking, investing in and developing real estate and other “complimentary activities.”
….
Federal Deposit Insurance Corporation Improvement Act of 1991 (P.L. 102-242, 105 STAT. 2236).
Also known as FDICIA. FDICIA [b]greatly increased the powers and authority of the FDIC. Major provisions recapitalized the Bank Insurance Fund and [b]allowed the FDIC to strengthen the fund by borrowing from the Treasury.
Housing and Community Development Act of 1992 (P.L. 102-550, 106 STAT. 3672). This was the real killer. It forced banks to lend to the unqualified buyer.
RTC Completion Act[/b] (P.L. 103-204, 107 STAT. 2369):
implement provisions designed to improve the agency’s record in providing business opportunities to minorities and women.. Expands the existing affordable housing programs of the RTC and the FDIC by broadening the potential affordable housing stock of the two agencies.
Increases the statute of limitations on RTC civil lawsuits. In cases in which the statute of limitations has expired, claims can be revived for fraud and intentional misconduct resulting in unjust enrichment or substantial loss to the thrift.
The Source for the Banking Laws was (wwwDOT)fdic(DOT) gov/regulations/laws/important/index.html
Guys and gals, I’m with you on the anti-CAGW hysteria thing, but the partisan stuff I no longer buy. When it comes the most important topics by far, national and personal finances, both major parties are in bed with the same thieves, the financial sector, daily robbing blind the present and future of you and your children. This non-“recovery” from the third and WORST financial bubble ever blown at the cost of trillions in national debt is an illusion. For a bit of reality on that topic, I refer you to the web page of a key member of the former Reagan administration, David Stockman:
http://davidstockmanscontracorner.com/
Someone else to read…
You can also find David Stockman’s articles @ Mises.Org (I am not surprised after a quick glance at his website.)
http://mises.org/daily/author/1424/
….
What is so very frustrating is we have the knowledge of what is wrong.
We have the knowledge of how to correct it. (Toss out the Fed and fractional Reserve Banking and then spend the next two decades or more repealing regulations and laws…. Return the rule of law as written in the Constitution and not some Progressive Judge’s brain.)
However greed on the part of those with money and power and a majority of brain dead followers of the MSM continues to make matters worse.
From what I can see the only stopping point is when someone (probably China) has ALL the Marbles, ALL the wealth and ALL the power and everyone else is slaves… And then it starts over again.
The other stopping point is when the checks and EBT cards and Obama-phones stop rolling in. At that point the “bread and circuses” crowd will have a real problem.
They have no marketable skills or experience in a new world where uncle sugar (the government) doesn’t want or need to purchase their votes anymore.
.
Came across this the other day:
http://twitter.com/peddoc63/status/509390852838658048/photo/1
That is lovely.
Goes with what George Bernard Shaw had to say:
First the Carrot:
“A government which robs Peter to pay Paul can always depend on the support of Paul.”
Then the slave collar and shackles for Paul:
“Under Socialism, you would not be allowed to be poor. You would be forcibly fed, clothed, lodged, taught, and employed whether you liked it or not. If it were discovered that you had not character and industry enough to be worth all this trouble, you might possibly be executed in a kindly manner; but whilst you were permitted to live, you would have to live well.”
George Bernard Shaw: The Intelligent Woman’s Guide to Socialism and Capitalism, 1928, pg. 470)
“The moment we face it frankly we are driven to the conclusion that the community has a right to put a price on the right to live in it … If people are fit to live, let them live under decent human conditions. If they are not fit to live, kill them in a decent human way. Is it any wonder that some of us are driven to prescribe the lethal chamber as the solution for the hard cases which are at present made the excuse for dragging all the other cases down to their level, and the only solution that will create a sense of full social responsibility in modern populations?”
Source: George Bernard Shaw, Prefaces (London: Constable and Co., 1934), p. 296.
Too bad the ‘Hard Cases’ are deaf dumb and blind to what is in store.
…and the brilliant Daniel Webster..
” Good intentions will always be pleaded for every assumption of authority. It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters.”
IS THERE ONE PROGRESSIVE IN THIS WORLD WHO EVEN THINKS ABOUT THE FOUNDING PRINCIPLES OF THE UNITED STATES?
The unemployment rate is a sham. Do the same chart with the percentage of working age Americans not working.
You’ll find this age of a “progressive” economy is the least beneficial for women and minorities, and a boon to “patriarchy.”
There is lots of blame all around. But the Republicans are definitely the better of the two parties.
Gerald Ford was a very underrated President, a very decent man, strong on defense and a deficit hawk. It is too bad he lost to the Carter. That was probably the beginning of the end.
I liked Gerald Ford … but those WIN (Whip Inflation Now) buttons were over the top. His administration kept blaming the consumer for inflation … when the fault was the printing press.
It is not a well known fact but Gerald Ford vetoed over 50 spending bills during his short time in office. The WIN campaign was to get the voters behind his veto legislation tactics to control inflation; which the Democrats were campaigning heavily against by appealing to the voting public and implying they would be hurt if the Democratic spending legislation were not passed. Ford tried to control inflation by cutting government spending. Carter tried to control spending by raising the interest rate. Which one hurt the voting public more?
I don’t remember the Republicans gaining control of Congress in 2011. The House, yes. Congress, no.
By controlling the House, Republicans put an end to the Obama spending spree of $1.5 trillion deficits.
By having one house Democrat and one house Republican you get a slow down in the passage of idiotic laws.
A slowdown in all laws. Not saying that is bad.
After two hundred years we have all the laws we could possibly need and a heck of a lot more. Anything that isn’t a repeal of an existing law or regulation is an idiotic law.
How many jobs bills have been past by congress, how long ago and are sitting in the Senate with a no vote?
Over 40 jobs bills sitting in the Senate
Jobs bills.
Silly.
We do not NEED Job bills we NEED the repeal of ALL regulations that are not absolutely necessary and the abolishing of Fractional Reserve banking. No new money printed PERIOD!
The entrepeneurs will take it from there.
This is from four years ago….
Steven: Could you respond to THIS:
http://www.huffingtonpost.com/2014/09/15/warmest-august_n_5823642.html
Even I could have predicted Huff Po, NASA, NOAA would claim August 2014 as the hottest ever… yet we’ve had cold spells across North America… their map shows North America as red despite the well, well below normal temps .. even snow in Calgary… yet its red..
My lord they have CANADA as 1 °C above normal!!! Are they Nucking Futz? Or just pathologic liars?
http://i.huffpost.com/gen/2061788/thumbs/o-MAP-570.jpg
The quick answer is : YES!!
(to both)
Mean while IceAgeNow reports:
Record Antarctic sea ice more than twice the size of the contiguous United States
Record early snowfall blankets parts of Wyoming, South Dakota, Montana and Colorado
We already know Canada got plastered.
Pakistan – 174 people missing and 200 trapped by unexpected early heavy snowfall and blizzards
Growers writing-off wheat and canola crops in New South Wales.
Glaciers forming in Scotland? “…some of these snow patches (snowfields), researchers have come across compacted, dense, ice hard snow called neve, which is considered the first stage in the formation of glaciers.”
August 25, 2014 – Ireland – Coldest August night on record
August 21, 2014 – Far more snow and rain than normal in the Alps
August 18, 2014 – Blast of wintry weather to hit Britain…In August, Forecasters warn of ‘coldest August spell in a century’
August 15, 2014 – Cold records falling across Southeast Australia
July 30, 2014 – “Julember” in Italy …rainfall well above average, storms and sometimes temperature up to 10° C below seasonal average…. Media start calling the finishing month “julember”.
July 23, 2014 – Rare snow blankets Bombala (south-eastern New South Wales, Australia, approximately 485 kilometres south of Sydney.)
July 23, 2014 – Russia – Large hail (15 cm (6 inches) diameter) fell last night on the Omsk region. Crops suffered as a result of the “bombing.”
July 21, 2014 – Northern Portugal coldest July temps in decades
It is not just the USA that is colder than normal.
Snow was Sept 8 … Calgary had a relatively decent August … this almanac page from a neighbours website shows the last month and most of August and not that warm … I was having to water much either.
http://wx.ca/?service=page/Almanac
Frankly, I’m not sure the Republicans would want to claim ownership of the worst and slowest economic recovery in US history.
Employment now is ~750k jobs above the last peak. However, due to natural growth in the workforce we need to add approximately 150,000 jobs per month just to tread water. Compared to where we were in 2008, we’re still grappling with a deficit of about 11 million jobs, only a small part of which is reflected in the official unemployment rate.
Add in some of the studies that have shown that 100% of job growth since the 2000/2001 recession have gone to foreign workers rather than Americans, and again I’m not sure I would want Republicans claiming ownership of anything to do with the current state of employment in the country (or lack thereof).
It is not a recovery it is an adjustment to a miserable economic climate.
$2 trillion underground economy aids recovery “The growing underground economy may be helping to prevent the real economy from sinking further, according to analysts”
I know this OT from this topic, BUT what part of this isn’t clear?!
http://iup.physik.uni-bremen.de:8084/amsr2/extent_s_running_mean_amsr2_previous.png
Looks like 19.9 or 20.0 Mkm^2 to me. Beats the estimated record of 19.7 Mkm^2 in 1964 by a long shot.
RACookPE1978 December 31 Comment at WUWT is a bit tongue in cheek but he has done a lot of work on the physics.
Ice narrowing both Drake Passage and the passage at the tip of Africa could have major effects on the cold water currents running up the coast of South America and Africa. This in turn could effect ENSO (El Nino) and the gulf stream in the Atlantic.
There is a bit more to add. There is a decent chance Bárðarbunga may really erupt and two different Indonesian Volcanoes have just erupt multiple times. Of course these are only a few of the multiple eruption going on. link
H/T to IceAgeNow
The problem is how much SO2 and particulate matter is flung into the stratosphere and what it will do to the climate. Colder? More snow? More rain? An excuse for the Warmists so they do not have to acknowledge the weather is actually getting colder?
Round-up of weekly volcanic activity news:
http://www.volcano.si.edu/reports_weekly.cfm#vn_282110
And it looks like we might have another:
http://newsinfo.inquirer.net/638239/mayon-volcano-restive-alert-level-3-raised
HOW can Sea Level be rising when the Largest Mass of ICE on the Planet… by FAR… is gaining ice.. at RECORD Levels??
I know they “model” Sea Level using some kind of “volume” estimate of the ocean… which includes all kinds of bounceback of the crust and includes fresh water behind dams.. etc… thus much of this Sea Level increase we’re told about by Government Officials is estimated, or modeled.. NOT actual…
Yet nobody on places like Huff Po seems to get it… they can’t even consider that Antarctica is gaining Ice.. lame.. hopeless..
I consider anything other than U6 to be subject to political data-fudging. Here, you can compare U2, U3, and U6:
http://www.macrotrends.net/1377/u6-unemployment-rate
(Bottom line: Barack Obama + Nancy Pelosi = disaster for unemployment)
I like this chart:
http://www.macrotrends.net/1307/lots-of-inflation-not-so-many-new-jobs
and this one:
http://www.shadowstats.com/charts/employment/payrolls/comparison-across-sectors
Government is close to twice as big as manufacturing, the wealth creator. Large chunks of employment are in ‘the services’ roughly 60%. It is a rather horrifying picture with only ~20% of the labor force creating wealth. Especially when you couple it with the trade deficit.
http://andithompson.files.wordpress.com/2011/10/us_trade_deficits_chart_blog.jpg
Most recent isn’t much better:
http://www.tradingeconomics.com/united-states/balance-of-trade
http://img.washingtonpost.com/blogs/the-fix/files/2014/09/Jobs-net.png
The unlabeled red line is probably Poppy Bush.
http://reflectionsofarationalrepublican.files.wordpress.com/2011/06/bush-vs-clinton-private-employment.jpg
http://reflectionsofarationalrepublican.files.wordpress.com/2012/07/bush-vs-obama-total-private-jobs-full-picture-june-2012-data1.jpg
http://reflectionsofarationalrepublican.files.wordpress.com/2013/02/bush-vs-obama-total-private-jobs-full-picture-january-2013-data.jpg
The last three are from ‘reflections of a rational Republican’ blogspot, until he couldn’t win the debate. So he stopped.
http://www.forbes.com/sites/adamhartung/2014/09/05/obama-outperforms-reagan-on-jobs-growth-and-investing/
The jobs Obama has created are part time jobs. Also, the top graph needs to be as a percentage. You can’t compare Eisenhower to other presidents if the population under Eisenhower was half.
Graphs seem to be politically generated. They look like they came from a Democrat spin doctor, not a Republican.
The USA has lost manufacturing jobs 24% ===> less than 9% – decent paying blue collar jobs.
Many of the good paying IT jobs have foreign H1B Visa people occupying them, @ $60,000 vs the $80,000 an American would be paid. What is never said is the H1B visa program is used by transnational corporations to train up the people then used for outsourcing the entire department/ branch to India or China. The Americans who used to do the job are often forced to train their lower pay replacements or lose severance pay and a decent recommendation. (Just ask any unemployed IT person you meet and you will get an earful.) OH and it is US universities that are TRAINING these H1B Visa people in the first place.—- Face Palm
(My husband worked in the IT field since the 1970s and watched as the department mix went from American with an occasional UK person to ~ 50% foreign mostly from India)
What has been gained is low paying service jobs. Sales clerks, burger flippers and Kelly office temps jobs.
The number of part time jobs is almost steady under Obama. However those part time jobs have lost even more hours. As always under progressive ideologues, the poor get poorer.
http://globaleconomicanalysis.blogspot.com/2014/09/average-workweek-back-at-pre-recession.html