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Re: Democratic National Convention 2012
Quote:
Originally Posted by 12thMan
Wait, we were losing 750,000 jobs per month, now we're adding private sector jobs at a clip of about 138K this year; 150k the year before. You're telling me that's not an improvement?
Most of the job losses under Obama have been gov't and public sector jobs.
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Obama is a net job loser. There were 133.56 million total jobs when he was inaugurated and there are just 133.24 total jobs today.
In the first 29 months of the Reagan recovery, the private sector created 8.04 million jobs. Doing the math, that's 277K jobs / mo.
When you look at the numbers of folks dropping out of the workforce and other details of the jobless numbers, it's much worse than just 8.1%.
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"I would bet.....(if), an angel fairy came down and said, '[You can have anything] in the world you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996.
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