Obama Is Presiding Over The Fastest 6 Month Drop In Unemployment Since 1984

Discussion in 'Politics' started by Synthaholic, Feb 4, 2012.

  1. Synthaholic
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    Synthaholic Platinum Member

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    Obama Is Presiding Over The Fastest 6 Month Drop In Unemployment Since 1984



    [​IMG]




    In the chart above from the Federal Reserve in St. Louis, you can see that President Obama’s private sector job growth has been progressing. That “U” shape is the shape of a private sector recovery. Look at the exact time period the private sector turned the corner. It was the first quarter of 2010, about 6 months after the stimulus took effect.


    After each monthly jobs report I like to highlight two specific industries, healthcare and manufacturing. The healthcare industry in the month of January added over 30,000 jobs. I keep an eye on this, because this is the industry that is directly regulated by ObamaCare and the GOP keeps repeating that Obamacare is a job killer.

    NEWSFLASH…if Obamacare is going to kill jobs, shouldn’t the first industry it kills be the industry it DIRECTLY regulates? Of course it should, but it doesn’t.


    The second area I want to focus on is manufacturing. This industry did exceptionally well in January. Manufacturing added 50,000 jobs in the last month. That is a pretty healthy clip.


    While the total number was 243K jobs created in January, the private sector ALONE added 257,000. The number that everyone is reporting adds into the equation, 14,000 layoffs in the public sector so it reduced the overall number.


    Over the last 6 months unemployment has DECLINED at the fastest pace since 1984, when Ronald Reagan was president. If this keeps up and the Republicans do not try halt economic growth through austerity measures, President Obama will win by a landslide in November.
     
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  2. elvis
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    elvis BANNED Supporting Member

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    You have to give Reagan credit as well, then.
     
  3. The T
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    The T George S. Patton Party Supporting Member

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    Stated as the workforce drops in number...by design...:eusa_whistle:

    Series Id: LNS11300000
    Seasonally Adjusted
    Series title: (Seas) Labor Force Participation Rate
    Labor force status: Civilian labor force participation rate
    Type of data: Percent or rate
    Age: 16 years and over


    [​IMG]
     
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  4. Full-Auto
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    Full-Auto Gold Member

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    Dropping people from the count does it every time.
     
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  5. The T
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    The T George S. Patton Party Supporting Member

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    Yep. Cooked books work well for the O.
     
  6. asaratis
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    asaratis Uppity Senior Citizen Gold Supporting Member Supporting Member

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    Last edited: Feb 4, 2012
  7. rdean
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    rdean rddean

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    And he was handed the fasted decline in employment in the history of the United States.

    Funny, Republicans created one and tried to stop the other.
     
  8. Liability
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    Liability Locked Account. Supporting Member

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    As long as we don't count those who have given up even looking, the numbers get better.

    But the REAL numbers aint so rosey.
     
    Last edited: Feb 4, 2012
  9. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    Thats exactly why Obama Is Presiding Over The Fastest 6 Month Drop In Unemployment Since 1984.... BECAUSE ITS BULLSHIT!

    I am sick of this jackass president and all his minions doing this sort of shit to prop him up as a great president.

    If we as a nation vote him back in, or better yet, let him steal this next election... we will deserve everything they do to us through the next four years.
    It will be disastrous!
     
  10. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    Is anything ever Obama's fault?

    When are you punks ever going to take credit for your liberal policies?





    Yeah.... I know.... never right?
     
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