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Like he really had a choice, Billy? If Obama hadn't extended the Bush tax cuts (after campaigning about how terrible they were) his already awful economy would have gone into a nose dive. Our debt continues to grow because Barry continues to spend money at the rate Bush was back in 2008 trying to stave off an economic collapse...only now the recession has been gone for over four years.
No, Bush's tax cuts only created 4.6 jobs per million dollar cut. That is pathetic growth. 2.5x more private jobs have been created in Obama's 5 years than in Bush's 8.
You keep trotting out that figure like it's supposed to mean something, Billy and it's a classic example of how you can use statistics to totally obscure reality. The number of jobs lost in the economic melt down is what pulls Bush's total job creation down. If you look at the number of jobs that both men created in their first five years in office you'd see a totally different picture.
Obama?s Economic Sleight of Hand
The "pathetic" growth was in the number of jobs that were created by the Obama Stimulus and the obvious proof of that was the Obama White House inventing a new economic statistic "jobs created or saved" to hide how few jobs their stimulus created.
That article is complete bullshit. It is complete fallacy to compare the number of people in the workforce between 8 years. That isn't how you measure net job creation. Also, Obama inherited a recession too. The difference is that Obama pulled us out of it less than a year into his presidency.
This 2.5 million created or saved is coming from Moody, the CBO, and JP Morgan.
http://jobs.aol.com/articles/2013/04/17/job-creation-obama-bush-factcheck/
http://www.factcheck.org/2013/04/obamas-numbers-quarterly-update/
http://www.usnews.com/news/blogs/ri...-is-creating-more-new-jobs-than-george-w-bush
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