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It hides the fact that Bush was given 5 percent unemployment and left with over 10 percent.
The BLS was changing the U{X} formula on a weekly basis to try to make him look as good as possible; he was one of the worst Presidents ever.
The BLS was changing the U{X} formula on a weekly basis to try to make him look as good as possible; he was one of the worst Presidents ever.
It will, but it's a meaningless stat which hides actual performance.Well, regardless of what anyone thinks of these Presidents, the Bureau of Labor Statistics will continue to show that these are the average unemployment rates for these Presidents since World War II.
Look, that is George W. Bush's average monthly unemployment rate for the 96 months he was in the White House
It's completely true as I was researching the underlying formulas on a weekly basis.Far too progressive for my taste, but that is in no way factually true.
What "business" do you own?Prep School teacher and businessman. They like people with brains in administration...
COVID what maga fuckup.COVID, retard.
The BLS doesn't change how they count jobs maga fuckup.The BLS was changing the U{X} formula on a weekly basis to try to make him look as good as possible; he was one of the worst Presidents ever.
You never heard of U1->U8?The BLS doesn't change how they count jobs maga fuckup.
Your just denying the reality of the jobs market under President Biden.
They don't change weekly how the count jobs under any of the U designations maga fuckup.You never heard of U1->U8?
Or do you get paid to pretend you're that ignorant?
Prove it.They don't change weekly how the count jobs under any of the U designations maga fuckup.
YOU'RE the one asserting they change weekly maga fuckup.Prove it.
Try watching CSPAN once in a while.YOU'RE the one asserting they change weekly maga fuckup.
It will, but it's a meaningless stat which hides actual performance.
Case in point.... take two presidents....
President A inherits an unemployment rate at a healthy 4.0%. The rate increases every month at 0.2 points... after 4 years, the unemployment rate is up to 13.6% and he would get kicked out of office.
President B inherits an obscene rate at 23.0%. The rate decreases every month at 0.2 points... after 8 years, the unemployment rate is under 4% (where president A started) and the 22nd Amendment is repealed for such a jobs god.
Then along comes a moron like you who idiotically shows president A performed better regarding unemployment because his average of 8.9% is far lower than president B's 13.2% average. That it doesn't matter how one president destroyed the job market while the other saved it -- all that matters is that president A's average unemployment rate was lower.
Yeah, that is normal too. Usually after 3 revisions it is considered final. It's been that way for a long time maga fuckup.Try watching CSPAN once in a while.
Also, the jobs reports take 3 months to be accurate so the December 2021 report could be way off.
Also, I truly couldn't give a crap about what a moron such as yourself feels or supposedly thinks.
As I demonstrated, your stat is meaningless. It hides performance and can make the worst jobs president look good and vica-versa.The unemployment rate often goes up and down every month, every year etc. When you look at a persons time on the job, its important to look at every month, not just the first month and the last month. Even in your hypothetical examples, or Presidents Bush and Obama, its not accurate to say that only the first month and last month, TWO MONTHS, of data are the only relevant data out of a total of 96 months.
IF, you only looked at two months of data, you would miss the fact that for most of George Bush's 8 years in office, the unemployment rate was relatively low.
Its important to look at all the information/data and average monthly unemployment data is an important figure to look at. George W. Bush's relatively low average monthly unemployment rate was a contributing factor to his re-election as President in November 2004.
The problem with certain types of cherry picking of particular data, only certain months, or this or that economic statistic, is that you miss a lot of other things. To overly focus on George W. Bush's last months in office in attempt to cast him as the worst of the worst, you miss out on things like the fact that George W. Bush was actually re-elected President and the reasons behind that.
Its sort of like Oliver Stones little movie about Bush called W. Oliver Stone does everything he can to ridicule Bush in the movie, throw the kitchen sink at him, but fails to mention that when the American People at large had the first and only chance to say what they thought about the work he had done, they re-elected him. George W. Bush's re-election does not fit the narrative of Stones film, so it's not included.
I still don't get the nonsense connecting Presidents to economic performance. They shouldn't get credit for it when it's good, nor should they be blamed when it isn't. Government control of the economy is a socialist thing. It's the last thing we should ask for from a President.The President with the worst average unemployment rate since World War II is?
Barrack Obama: 8.86%
Average Unemployment Rates For US Presidents since World War II:
01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Dwight Eisenhower: 4.89%
04. Richard Nixon: 5.00%
05. Bill Clinton: 5.20%
06. George W. Bush: 5.27%
07. John Kennedy: 5.98%
08. George H.W. Bush: 6.30%
09. Jimmy Carter: 6.54%
10. Ronald Reagan: 7.54%
11. Gerald Ford: 7.77%
12. Barack Obama: 8.86%
Was a purchasing agent and a salesman. Try having a political discussion instead of your usual personal insults and brainwashed GOP talking points....What "business" do you own?
Not government control, good government regulations to cut down on the usual corrupt GOP bubbles and busts that give us a depression every time they get eight years in office, as well as their usual screwing over of regular people.... Socialism as understood everywhere but brainwashed English speaking supercapitalist countries Is always democratic fair capitalism with a good safety net. Every modern country but us has a living wage health care daycare paid parental leave cheap college and training great infrastructure and vacations except stupid America because of this stupid GOP base. Oops brainwashed functionally stupid. Soak the rich! It would be about time...I still don't get the nonsense connecting Presidents to economic performance. They shouldn't get credit for it when it's good, nor should they be blamed when it isn't. Government control of the economy is a socialist thing. It's the last thing we should ask for from a President.
