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Democratic National Convention 2012

Debating with the enemy


 
 
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Old 09-07-2012, 04:48 PM   #23
Slingin Sammy 33
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Re: Democratic National Convention 2012

Quote:
Originally Posted by 12thMan View Post
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.
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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