100 million "out of work"?
Link?
(Watch, as yet another economic ignoramus runs to Terence Jeffrey's Font of Stupid)
Nope. But we see that you need to be led around by the nose and really can't think for yourself.
Bureau of Labor Statistics | Jobenomics
Damn, you are a f...ing brick....
why Americans who can work chose not to work, and the impact of 109.1 million non-working able-bodied citizens are having on the U.S. labor force and economy. - See more at:
Bureau of Labor Statistics | Jobenomics
You are a blithering idiot. For the people with functioning synapses and logic functions, here's the analysis of Reagan vs Obama. Reagan created enough jobs to fully employ the increase in the Civilian population. Obama's ratio is slightly above half. Both started their terms in Recessions; Reagan's recovery was far more effective. I've included Bush for a comparison; he ended in a Recession (the cumulative impact of Clinton's CRA and the Dems not allowing Fannie Mae & Freddie Mac to be properly controlled).
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You might want to consider the consequences of being endorsed by num and IceIce.....
My self-esteem isn't tied to anyone's approval or disapproval on an anonymous message board in a dank corner of the interwebs, bub.
Now, back to bitchslapping you with information:
A recent report by the Economic Innovation Group has found that, while the years 1992 to 1996 saw a net increase in the U.S of 421,000 new businesses, and the 2002 to 2006 (despite a major recession) 405,000 new companies, the comparable interval from 2010 to 2014 saw just 166,500 new enterprises The New Map of Economic Growth and Recovery - Economic Innovation Group. Indeed, the years 2009, 2010 and 2011 saw a net loss of new companies year-over-year – the first time in a generation. Only this year, according to the Kaufman Foundation, has there been an uptick in new company creation.
In other words, the American economy is about 300,000 new start-up companies short as we stumble out of the long aftermath of the 2008 Great Recession and into a very uncertain economic future. How many Amazons, Facebooks, and Ubers were in those thousands of lost companies because they never gained financial traction, were crushed by regulations, or were never started at all?
These results are yet one more reminder that among the various legacies of the Obama Administration, this one – the loss of a generation of new entrepreneurs, their start-up companies, and the millions of jobs they might have created – may be the most enduring....
A Lost Generation of American Entrepreneurs
Bitchslapping with "information"?
By proxy, with opinion, maybe......
and the 2002 to 2006 (despite a major recession)
Can you point me to ANY evidence of a "major recession" between 2002 and 2006?
You can go here for assistance
Where Did The Love Go?
Now I wonder what effect the combination of a GREAT RECESSION, followed by household and government deleveraging, might have on net new business formation.....
Anyone?
Bueller?
How about tech cycles?
1990 - Internet
2002-2006 - Smartphones......
and yet, in spite of all that, the compound average annual GDP growth rate from q1, 2001 through q1, 2009 was the lowest since the Great Depression...
If you want to talk about a lasting legacy of devastation, you can't do much better (or wurs!) than Supply Side Idiocy, Part Deux.......a period which saw a 22% DECLINE in the S&P, with the attendant catastrophic effect on retirement dreams, and asset values...not to mention the net REDUCTION of private sector payrolls....
How bad was it? In 2009, white shoe law firms were telling graduates of elite law schools to defer their job offers in favor of taking public service jobs.......Imagine that you are a recent Harvard law grad, carrying 3-400 k in student loan balances - and now you can't find work? The worst POTUS of the modern era killed the hopes and dreams of TWO generations......in the course of 8 years....
I think you might want to go to "the kitchen sink"....
Wait.....lookee here.....
Where Did The Love Go?
shouldn't you credit your source of this random spew?
Is it that trucker guy?