Republican white house, republican congress
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9
2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
Republican white house, democrat congress
2007 4.6 4.5 4.4 4.5 4.4 4.6 4.6 4.6 4.7 4.7 4.7 5.0
2008 5.0 4.8 5.1 5.0 5.4 5.5 5.8 6.1 6.2 6.6 6.9 7.4
Democrat White House, Democrat Congress
2009 7.7 8.2 8.6 8.9 9.4 9.5 9.4 9.7 9.8 10.1 10.0 10.0
2010 9.7 9.7 9.7
Any questions?
Hmm, that's a toughie, well let's look at your "numbers" in depth, shall we?
From their best point in 2007 (4.4%) there was a
3.8% increase in unemployment until Obama's first full month in office in Feb of 2009 (8.2%).
Since that time, the trend continued until December, when it peaked at 10%, for a total
1.8% increase in unemployment since Obama took over. It has since
decreased by .3%.
Advantage Obama. Looks like my assertion was correct.
Now let's compare that to a similar situation, say, for instance, Ronald Reagans first 2 1/2 years in office. Here, I'll use the same source as you:
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1981 7.5
7.4 7.4 7.2 7.5 7.5 7.2 7.4 7.6 7.9 8.3 8.5
1982 8.6 8.9 9.0 9.3 9.4 9.6 9.8 9.8 10.1 10.4 10.8
10.8
1983 10.4 10.4 10.3 10.2 10.1
10.1 9.4 9.5 9.2 8.8 8.5 8.3
1984 8.0 7.8 7.8 7.7 7.4 7.2 7.5 7.5 7.3 7.4 7.2 7.3
Notice how it starts at
7.4% in his first month of office, rises to
10.8% In December of 1982, almost 2 years into his Presidency, and is still above
10% by June of 1983.
That's an increase of 3.4%. Obama's still winning.
And it's important to note that in that time period, there was a smaller percentage of women were in the workforce. If the same percentage of women were not being counted as willing and eligible to work today, the unemployment rate would in fact be much lower.
No because Reagain didn't agree to all the rediculous terms Obama did, like no testing. Also, Reagan never gave up on the missile defense shield
You mean the missle defense shield that never worked? Wow, there's an important difference. And why would we need further testing of our nuclear weapons?
Other than thousands of IRS agents being hired in order to force americans to buy Obama's mandated health insurance?
And that has to do with government controlling the actual
health care process, how?
That's like saying the government controls the auto industry because they require people to get auto insurance.
You must have missed the memo, Pakistan was already an ally.
That's strange,
because I could have sworn that Pakistan was harboring terrorists.
Now, what was it George Bush said were the stated
goals of the war on terror back right after 9/11?
Yeah, that means Pakistan wasn't really an "ally" at all, doesn't it?
It's not the job of the government to run car companies. They should have filed for bankruptcy and reorganized.
That would have been GREAT for the recovery, to have a major portion of the American industrial complex just disappear, wouldn't it? Great plan.
And it became the job of the government to insure the taxpayers money once they lent them tens of billions of dollars.
And look, the car companies are doing MUCH better now, aren't they?
The Bush administration originally intended all the money to the banks to be in the form of loans, which the banks could then default on, or avoid paying back in other ways. The Democrats decided to advance the funds in the form of investments, that would draw dividends, thus the profit.
The bank crises was the single biggest Obama economic disaster. He scared the banks so much that it's virtually impossible to get credit.
Guess what businesses need to survive, especially in a bad economy? Credit.
For a short time, there was a credit crunch, but the situation has much improved since then, thanks to large infusions of lending capital from the Fed. Which is why Wall Street is booming, as Toro pointed out the other day. Of course, the formation of a possible bubble as a result may or may not be a bad thing. We'll have to wait and see on that one.
And, as for being a disaster, far from it. The banks are doing quite well, and are slowly making the investments into a profit for the taxpayer.
Great so now Al Qaida terrorists know to lay low, and when Obama surrenders, they will go in and take over the government. Great work Obama
Al Qaeda in Iraq? First of all, it didn't exist in Iraq until Bush invaded, and second, there doesn't seem to be any credible Al Qaeda threat in Iraq at the moment. Is there something you know that I don't?
You mean the waterboading that was used only on 3 arch terrorists, and without using the waterboarding two major terrorist attacks in America would have happened, murdering thousands of Americans? That one? Oh yeah, great work Obama, for caring more about Al Qaida terrorist rights than american lives
I treat people as they treat me. Respect goes two ways.
Really, did I refer to you by a derogatory name? I don't seem to recall doing that.