ECONOMIC WOES
We have had 22 months of private sector job growth. A factor for that is the success of Obama's stimulus plan. And while It may be true that the unemployment rate is higher now than when Obama took office, we were losing 100,000's of more jobs per month under Bush than Obama.
There is also no proof that Obama's policies can be directly attributed to the current unemployment rate. Take regulations, for example:
Do regulations curtail job growth? | Decisions Based on Evidence
Do Regulations Really Kill Jobs Overall? Not So Much - ProPublica
Table 2. Reason for layoff: Extended mass layoff events, separations, and initial claimants for unemployment insurance, private nonfarm sector, selected quarters, 2010 and 2011
GOVERNMENT SPENDING
The idea that Obama is responsible for massive government spending in his term thus far is simply not true:
The Mythical Obama Spending Binge | The New Republic
The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider
We have had 22 months of private sector job growth. A factor for that is the success of Obama's stimulus plan. And while It may be true that the unemployment rate is higher now than when Obama took office, we were losing 100,000's of more jobs per month under Bush than Obama.
There is also no proof that Obama's policies can be directly attributed to the current unemployment rate. Take regulations, for example:
Do regulations curtail job growth? | Decisions Based on Evidence
the number of layoffs nationwide caused by government regulation is minuscule and shows no evidence of getting worse during the Obama administration.
Do Regulations Really Kill Jobs Overall? Not So Much - ProPublica
Table 2. Reason for layoff: Extended mass layoff events, separations, and initial claimants for unemployment insurance, private nonfarm sector, selected quarters, 2010 and 2011
GOVERNMENT SPENDING
The idea that Obama is responsible for massive government spending in his term thus far is simply not true:
The Mythical Obama Spending Binge | The New Republic
The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider
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