So where did Obama come up with 6 million new jobs???

[pinqy]

What surprises me is how Obamas followers constantly say he's created 6 million jobs and yet the unemployment rate stays the same. So, if he's created 6 million jobs but the unemployment rate stays the same or even goes up, that means he's lost 6 million jobs or more.

Wait, you think that the 6 million jobs in 3 years is the Gross number? Segriously? December alone had a gross number of 3.9 million jobs

Well, shoot, then all is fine, right?

There is no rational way you could have thought I was saying that. Though clearly you don't know the difference between Gross and Net either.

 

[Desperado]

Seems that 6 Million has been a magic number for quite sometime now.

 

[thereisnospoon]

Non farm payroll jobs were at their lowest in February 2010 at 129,320,000 total and 106,850,000 private sector. As of January 2013, there are 134,825,000 total non-farm payroll jobs and 112,961,000 private sector jobs for a net change of +5.5 million total and +6.1 million private sector.

Note that Obama has always used the private sector jobs number and the reference point of February 2010. So while it is cherry picking, the number is legit and he has been consistant.

What he doesn't mention, of course, is that from Jan 2009 to Feb 2010, we lost 4.2 million private sector jobs so net gain for his time is only 1.9 million. And since we lost 4.6 million private sector jobs under Bush, we're still 2.7 million private sector jobs less than when the recession started.

Timeline: Recession starts Jan 2008: 115,668,000 private sector jobs
Obama takes office Jan 2009: 111,048,000 private sector jobs (- 4.62 million)
Job losses bottom out Feb 2010: 106,850,000 private sector jobs (-4.198 million since Obama took office, -8.8 million since recession started)
Currently, Jan 2013: 112,961,000 private sector jobs (+6.1 million since bottom, +1.9 million since Obama took office, -2.7 million since recession started).

Those are the facts, any particular interpretation and choice of numbers is open to spin by both parties.
-2,707

If this were true then the percentage of unemployed would be well below .9% and the U-^ percentage would not be over 14%.

How do you figure that?????

Preferably with an equation.

couple of typos....U-3 ( the most commonly used table) is 7.9%...And U-6( actual) is 14.4%

Portal Seven | U6 Unemployment Rate

 

[thereisnospoon]

Seems that 6 Million has been a magic number for quite sometime now.

It's the number the president wants everyone to accept. He says it, the media repeats it and therefore it is the Gospel.

 

[CrazedScotsman]

What surprises me is how Obamas followers constantly say he's created 6 million jobs and yet the unemployment rate stays the same. So, if he's created 6 million jobs but the unemployment rate stays the same or even goes up, that means he's lost 6 million jobs or more.

Wait, you think that the 6 million jobs in 3 years is the Gross number? Seriously? December alone had a gross number of 3.9 million jobs

Wait, so you're saying that the Obama Administration has lost 3.9 million jobs in December alone?

Who cares how many jobs are being created when the unemployment number stays the same or goes up? Why doesn't anyone ever talk about that? Obama could tell his followers that he created 956,734,176,645 jobs and the unemployment number stays the same. What that tells me is he lost that many as well.

 

[Darkwind]

I guess it goes over the heads of some.

If a company has 100 employees during normal economic times, and they are stable, that is what the baseline becomes.

If the economy turns down or in this case, crashes, that same company will reduce the available number of jobs to 35. The other 65 jobs did not disappear, there simply is not enough economic activity to fill them. When the economy goes up, they start filling those jobs again. Say to the tune of 80 employed people. Not a single job has been created in this company however.

This is what happened in 2008/2009.......

Obama has NOT created 6 million jobs. The slow and anemic economic recovery has increased enough economic activity to fill those jobs that still exist.

With the exception of companies that have gone completely out of business, Obama is still running a 2 million job deficit (gee, what a surprise, another Obama deficit). When he has recovered the 8 million jobs lost, he can THEN begin to claim he has created jobs.

Not a moment before that.

 

[francoHFW]

OP- He said, "AFTER the recession", dumbazz, and they're ALL in the private sector. Pub dupes!! So damn dumb. Thanks for the 2nd Pub Great World Depression. Thank god the Dems got in fast to spend 3 trillion to avert the mess...

 

[auditor0007]

He cherry-picked his information.

Even Factcheck.com has been calling him on it and they give him a lot of latitude with his claims.

He did cherry pick his information, but honestly, anyone who wants to blame him for the job losses through 2009, which were part of the meltdown that started under Bush, is not being realistic. He counts the 6 million new jobs from the point that we came out of recession, which has happened under his watch. The thing is that would have happened no matter what. Too many of you actually believe things would be much better right now had Obama not been POTUS, but that just shows how senseless you are. Obama or McCain, it wouldn't have made a bit of difference. Thinking otherwise just proves your true partisanship and inability to think critically.

 

[Darkwind]

He cherry-picked his information.

Even Factcheck.com has been calling him on it and they give him a lot of latitude with his claims.

He did cherry pick his information, but honestly, anyone who wants to blame him for the job losses through 2009, which were part of the meltdown that started under Bush, is not being realistic. He counts the 6 million new jobs from the point that we came out of recession, which has happened under his watch. The thing is that would have happened no matter what. Too many of you actually believe things would be much better right now had Obama not been POTUS, but that just shows how senseless you are. Obama or McCain, it wouldn't have made a bit of difference. Thinking otherwise just proves your true partisanship and inability to think critically.

No one is blaming him for the job losses. They are simply stating that he is not being fully honest in his assertions. He has NOT created 6 million new jobs.

 

[rightwinger]

He cherry-picked his information.

Even Factcheck.com has been calling him on it and they give him a lot of latitude with his claims.

He did cherry pick his information, but honestly, anyone who wants to blame him for the job losses through 2009, which were part of the meltdown that started under Bush, is not being realistic. He counts the 6 million new jobs from the point that we came out of recession, which has happened under his watch. The thing is that would have happened no matter what. Too many of you actually believe things would be much better right now had Obama not been POTUS, but that just shows how senseless you are. Obama or McCain, it wouldn't have made a bit of difference. Thinking otherwise just proves your true partisanship and inability to think critically.

He did not cherry pick information

If he had said "I created 6 million jobs" the proper place to start would be his inauguration

What he said was "business has created 6 million jobs" so the proper place to start is after the recession turned

 

[Stephanie]

He cherry-picked his information.

Even Factcheck.com has been calling him on it and they give him a lot of latitude with his claims.

He did cherry pick his information, but honestly, anyone who wants to blame him for the job losses through 2009, which were part of the meltdown that started under Bush, is not being realistic. He counts the 6 million new jobs from the point that we came out of recession, which has happened under his watch. The thing is that would have happened no matter what. Too many of you actually believe things would be much better right now had Obama not been POTUS, but that just shows how senseless you are. Obama or McCain, it wouldn't have made a bit of difference. Thinking otherwise just proves your true partisanship and inability to think critically.

He did not cherry pick information

If he had said "I created 6 million jobs" the proper place to start would be his inauguration

What he said was "business has created 6 million jobs" so the proper place to start is after the recession turned

I don't care where he starts at, the man is still a PROVEN LIAR
If we had that many jobs we wouldn't be sitting at almost 8% unemployment

 

[rightwinger]

He did cherry pick his information, but honestly, anyone who wants to blame him for the job losses through 2009, which were part of the meltdown that started under Bush, is not being realistic. He counts the 6 million new jobs from the point that we came out of recession, which has happened under his watch. The thing is that would have happened no matter what. Too many of you actually believe things would be much better right now had Obama not been POTUS, but that just shows how senseless you are. Obama or McCain, it wouldn't have made a bit of difference. Thinking otherwise just proves your true partisanship and inability to think critically.

He did not cherry pick information

If he had said "I created 6 million jobs" the proper place to start would be his inauguration

What he said was "business has created 6 million jobs" so the proper place to start is after the recession turned

I don't care where he starts at, the man is still a PROVEN LIAR
If we had that many jobs we wouldn't be sitting at almost 8% unemployment

You have to keep in mind that this is the only recession where we have tried to balance the budget and create jobs at the same time.

The slash in Government spending and government employment has held back the jobs market

 

[pinqy]

He did cherry pick his information, but honestly, anyone who wants to blame him for the job losses through 2009, which were part of the meltdown that started under Bush, is not being realistic. He counts the 6 million new jobs from the point that we came out of recession, which has happened under his watch. The thing is that would have happened no matter what. Too many of you actually believe things would be much better right now had Obama not been POTUS, but that just shows how senseless you are. Obama or McCain, it wouldn't have made a bit of difference. Thinking otherwise just proves your true partisanship and inability to think critically.

He did not cherry pick information

If he had said "I created 6 million jobs" the proper place to start would be his inauguration

What he said was "business has created 6 million jobs" so the proper place to start is after the recession turned

I don't care where he starts at, the man is still a PROVEN LIAR
If we had that many jobs we wouldn't be sitting at almost 8% unemployment

Why not????

 

[TNHarley]

When we got out of the recession... lol

 

[rightwinger]

When we got out of the recession... lol

6 million jobs during a recession is pretty impressive then

 

[pinqy]

I guess it goes over the heads of some.

If a company has 100 employees during normal economic times, and they are stable, that is what the baseline becomes.

If the economy turns down or in this case, crashes, that same company will reduce the available number of jobs to 35. The other 65 jobs did not disappear, there simply is not enough economic activity to fill them. When the economy goes up, they start filling those jobs again. Say to the tune of 80 employed people. Not a single job has been created in this company however.

By that logic, if times boom and the company expands to 120 employees, those are "extra," and if 15 people are later fired, then no jobs were lost because they're still above the baseline.

Setting "baseline" just doesn't make sense...it doesn't account for business births or deaths at all, either.

 

[Darkwind]

I guess it goes over the heads of some.

If a company has 100 employees during normal economic times, and they are stable, that is what the baseline becomes.

If the economy turns down or in this case, crashes, that same company will reduce the available number of jobs to 35. The other 65 jobs did not disappear, there simply is not enough economic activity to fill them. When the economy goes up, they start filling those jobs again. Say to the tune of 80 employed people. Not a single job has been created in this company however.

By that logic, if times boom and the company expands to 120 employees, those are "extra," and if 15 people are later fired, then no jobs were lost because they're still above the baseline.

Setting "baseline" just doesn't make sense...it doesn't account for business births or deaths at all, either.

If you do not set a baseline, then any number can be stated to be anything. It is a worthless discussion to have if there is no frame of reference.

Business births are a sign of economic growth and the very reason that wealth is grown, not handed out to us from a printing press. Deaths mean that a poor business model was used, or economic times are constricting.

The truth is this. Until the entire number of lost jobs due to the recession have been filled, then no job has been created. I realize the democrats don't like this, but if you have to cherry pick and split hairs to make yourself look better in the eyes of the citizens, you really haven't done a thing.

 

[mudwhistle]

When we got out of the recession... lol

6 million jobs during a recession is pretty impressive then

Do you know why they call it a recession?

It is impossible to have positive growth during a recession.

 

[Redbone]

When we got out of the recession... lol

6 million jobs during a recession is pretty impressive then

Certainly would be had it been accomplished by Obama. All it succeeded in doing is give his supporters another lie to base their faith on. That supposed 6 million jobs even if it were true pales in comparison to the obama 6 trillion dollar in new debt. Sorry, to rain on your parade but the propaganda spewing here was just getting far too thick.

 

[mudwhistle]

I guess it goes over the heads of some.

If a company has 100 employees during normal economic times, and they are stable, that is what the baseline becomes.

If the economy turns down or in this case, crashes, that same company will reduce the available number of jobs to 35. The other 65 jobs did not disappear, there simply is not enough economic activity to fill them. When the economy goes up, they start filling those jobs again. Say to the tune of 80 employed people. Not a single job has been created in this company however.

By that logic, if times boom and the company expands to 120 employees, those are "extra," and if 15 people are later fired, then no jobs were lost because they're still above the baseline.

Setting "baseline" just doesn't make sense...it doesn't account for business births or deaths at all, either.

But baseline budgetting works for government.

"I cut spending in half(But I really only decreased the increase in spending). "