- Sep 19, 2011
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- #421
Actually, no. That's what economists say. Bush's Great Recession cost our economy trillions of dollars and roughly 12 million jobs to under/unemployment.
Like I said far left propaganda.
And you're still wrong. Hell, you can do the math yourself (maybe). Calculate the number of unemployed folks according to the U6 rate when Bush's Great Recession began and then subtract that from the number of people unemployed according to the U6 rate when the recession ended.
The number is something like 11.5 million jobs lost to under/unemployment.
IDIOT! Do you read what you entered??? "11.5 million jobs lost to under/unemployment"
According to
your stupid comment "under/unemployment" CAUSED 11.5 million jobs to be LOST?
I've NEVER seen an "UNEMPLOYMENT" business!! I.e. what kind of industry does "Unemployment" THAT THEY HAVE JOBS THAT CREATE JOB LOSSES???
Do you understand stupid comment???
NOW YES I would totally agree that over the 8 years of :
1) THE RECESSION that started declining in 2000 and was officially started in 3/2001 Contributed to businesses letting people go...i.e. contributed to UNEMPLOYMENT!!!
2) There was a dot.com bubble bust in case YOU don't seem to remember that Officially cost $5 trillion in losses.. 300,000 jobs skilled technology workers were out of jobs
3) A minor event evidently YOU dummy.. was 9/11! 800,000 jobs lost directly in travel/transportation businesses due to closures which means UNEMPLOYMENT!!!
4) And of the 10 Costliest Catastrophes..
Kiplinger - Interstitial
10. Hurricane Rita 2005
8. Hurricane Ivan 2004
7. Hurricane Charley 2004
6. Hurricane Wilma 2005
5. Hurricane Ike 2008
3. 9/11 Terrorist Attacks 2001
1. Hurricane Katrina 2005...
GEEZ notice something similar??? All during 2001 to 2008!!! GEEZ think that had ANY affect on people losing their jobs???
400,000 jobs lost due to worst hurricane SEASONS 7 of the top 10 hurricanes occurred during 2001 to 2008!
SO how many times do I have to beat this into your very very thick skull!
THESE EVENTS caused unemployment idiot! NOT unemployment caused unemployment as you stated:"11.5 million jobs lost to under/unemployment"!!
UNEMPLOYMENT simply put DOES not CAUSE unemployment!!! Losing jobs due to recession, dot.com bust, 9/11, worst hurricanes destroyed businesses which I know this
is complicated but if businesses are destroyed they don't make sales and sales drives wages and without wages people are UNEMPLOYED!!!
DUH...DUH!!DUH!!