Faun
Diamond Member
- Nov 14, 2011
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And your proof of this is .............? And your link is .........?
For the love of God turn off fox and try thinking for yourself. It will be difficult but at least give it a try and stop parroting the dummies.
I'm guessing he's talking about the U6 unemployment rate? That includes people who are working, just not as much as they would like; and discouraged workers.
However, the U6 rate, while still high at 12.7%, is less than the 14.2% that Bush left Obama with. And of course, thanks to Bush's recession, the U6 went as high as 17.1% At 12.7%, that represents a drop in the unemployment rate of 11% from when Obama became president and a decrease of 26% since its post recession high. Compared to George Bush, who nearly doubled it from 7.3% to 14.2%, an increase of a whopping 95%.
So we have a Republican president who increased the unemployment rate and his successor, a Democrat, who's lowered it. How do Conservatives spin that to make the Democrat appear worse than the Republican? They do something never done before and average out the unemployment rate to hide the fact that Obama was handed the highest unemployment rate any president inherited (which essentially blames Obama) with the lone exception of FDR.
Here's a revealing chart showing how bad Republican presidents have been in terms of unemployment ...
Here's a list of U.S. presidents, along with the diffenrence in the U3 unemployment rate after being in office for 62 months...
Clinton .............. -2.6
Johnson ............ -2.3
Obama .............. -1.1
Kennedy** ......... -0.9
Reagan .............. -0.3
Carter*** ........... 0.0
Bush ................ +0.5
Nixon ............... +1.7
GHW Bush*** ... +1.9
Ford* ............... +2.0
Eisenhower ...... +3.8
* = in office 29 months
** = in office 34 months
*** = in office 48 months
Bureau of Labor Statistics Data
You'll notice that Reagan is the only president to lower the unemployment rate by this time in his presidency (and barely); while no Democrat ever increased it.
How does the GOP spin that? Average out the unemployment rate.![]()
So after 5 years of almost total control of the government and trillions in stimulus Obama managed to reduce the real UE by 2 points? And you wonder why people call him a failure??
His job approval is higher than Bush's at this same point in his presidency. If Obama is a failure, than Bush was an even bigger failure. And Bush, at this point in his presidency, would have been a bigger failure before complete wrecking the economy -- that pretty much renders Bush as possibly the worst president in U.S. history. And despite the way you attempt to minimize Obama's feat of lowering the unemployment rate, the fact remains -- at 62 months in office, he has lowered it more than every single Republican president, including the GOP god, Ronald Reagan.