I again say...
Obama added 3 million jobs (well, sort of but still had a loss of about that same number)....but at the cost of 166K per job that yeilded less than 50K income per job holder and he did it with 15% of the people needing a job.
Bush's tax cuts put more money in the pockets of the consumer and despite the loss of millions of dot com jobs, an attack on 9-11, the loss of a million jobs due to the natural cycle recession that began in 2007 first Q, and the credit crunch that cost even more jobs that was BOTH party's fault...he still netted a positive 1 million jobs.
Funny as it may seem RW...the numbers you are boasting actually make the GOP policies look alot dam better than Obama's policies.
GOP....Consumer had more money to spend and unemploymnent never jumped.
DEM....unemployment rose regardless and the consumer has less to spend....AND...it cost us a trillion dollars of borrowed moiney to get there.
Thanks for confirming what I already knew.
WOW
RW sure is a believer there JH.
Even cold hard facts won't shake his/her belief in Obama and the DEMS.
Nov can't come soon enough for me. Jeeze.
What facts do you need?
-Obama added 3 million jobs in a year and a half while Bush added 1 million over 8 years
- Stock market has increased 2000 points under Obama while it lost 2000 over Bush's 8 years
- GDP is positive four straight quarters under Obama while it was negative in five of the last 6 quarters under Bush
And the Republicans still want us to turn the economy over to them?
You are truly stuck on stupid.
Heritages analyst Brian Riedl has noted:
* President Bush expanded the federal budget by a historic $700 billion through 2008, over eight years, with the last 2 years under a democrat controlled congress being the worst. President Obama is adding trillions more in just four.
* A string of expensive financial bailouts began in the final year under President Bush. President Obama has already significantly accelerated that course.
* President Bush created a Medicare drug entitlement that will cost an estimated $800 billion in its first decade. President Obamas health-reform bill would cost $1.1 trillion more over ten years, says the CBO.
* President Bush increased federal education spending 58% faster than inflation. President Obama will double it.
* President Bush became the first to spend 3% of GDP on federal anti-poverty programs. President Obama has already increased this spending by 20%.
* President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama is continuing that trend beyond the point of sustainability.
* President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush, and more so, Obama and the Congress, share responsibility for an additional $2.6 trillion in public debt), President Obamas budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016.
Riedl says that these numbers include spending on Iraq and Afghanistan during the Bush years. President Bush funded the wars through emergency supplementals (not the regular budget process, but that spending did not simply vanish. It is included in the numbers above, Riedl says.
President Obama repeatedly said he planned to freeze spending for three years, and hes also promised to cut the deficit in half by the end of his term.
But as Heritage analyst Riedl has already noted, the President has quadrupled the deficit with massive spending, so halving or freezing it shouldnt cause analysts to crook the trumpets just yet.
Fact checking Obama, Obama vs Bush, Budgets, Deficits, ect. ccrofny's blog
President Barack Obama has repeatedly claimed that his budget would cut the deficit by half by the end of his term. But as Heritage analyst Brian Riedl has pointed out, given that Obama has already helped quadruple the deficit with his stimulus package, pledging to halve it by 2013 is hardly ambitious. The Washington Post has a great graphic which helps put President Obamas budget deficits in context of President Bushs.
Bush Deficit vs. Obama Deficit in Pictures | The Foundry: Conservative Policy News.
