- Nov 14, 2011
- 120,627
- 65,056
- 2,635
WTF does military spending have to do with unemployment figures??The President with the worst average unemployment rate since World War II is?
Is still Reagan at this same point (91 months) in his presidency:
Reagan (R) .... 7.63
Obama (D) .... 7.56
So you're saying that even though Obama didn't inherit the oil shortage issue that Reagan did and Obama didn't have to deal with the Cold War and the necessary subsequent military spending that Reagan did, obama's unemployment numbers are still virtually as bad as Reagan's?
Truth is, your obama number is skewed because it is not weighed against a diminished work force number.
What DOES have a lot to do with unemployment figures is the massive recession Obama inherited where some 7 million jobs were lost.
Try subtracting 7 million jobs from Reagan's terms and see what his numbers look like. And try subtracting the 1.4 million public sector jobs added while Reagan was president to match the 366K decrease in public jobs we've seen disappear under Obama.