healthmyths
Platinum Member
- Sep 19, 2011
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FIRST your blathering is total opinion... you didn't substantiate with research!just ignore the numbers and pretend claud, Inm sure that will win you an election
GEEZ.. nothing happened like these events... DO YOU REMEMBER THESE EVENTS???
1) Dot.com bust cost $5 trillion in market loss "
The Stock Market Crash of 2000-2002 caused the loss of $5 trillion in the market value of
companies from March 2000 to October 2002.[13]
Dot-com bubble - Wikipedia, the free encyclopedia
SOME minor event which geez.. didn't halt ALL airline traffic for 3 days..
CAUSED 100,000 job losses, and $2 trillion in lost taxable income..
2) The 9/11 terrorist destruction of the World Trade Center's Twin Towers,
killing almost 700 employees of Cantor-Fitzgerald, accelerated the
stock market drop; the NYSE suspended trading for four sessions.
The stock market lost 16% of its value on 9/11. The stock markets
themselves estimate the real costs to the market in lost value and
profits at close to $2 trillion over time.
Economic terrorism: Bin Laden was major contributor to budget deficit - National economic policy | Examiner.com
AND of course this WAS ALL BUSH's fault...
3) Worst hurricane SEASONS in history.. actual costs that were written off
Federal/State/Local income, sales, and property taxes over $1 trillion!
IN SPITE of these MAJOR traumatic EVENTS
From the Depart. of Labor... ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
jobs end number of
of year (000) new workers % increase
2001...... 131,826 41 0.03% Dot.com bust, 9/11 occurred
$5 trillion in real losses, 18,000 businesses
2002...... 130,341 -1,485 -1.13% 9/11 residual losses
2003...... 129,999 -342 -0.26%
2004...... 131,435 1,436 1.10%
2005...... 133,703 2,268 1.73%
2006...... 136,086 2,383 1.78%
2007...... 137,598 1,512 1.11%
2008...... 136,790 -808 -0.59%
Obama takes over...
2009...... 130,807 -5,983 -4.37% absolute worst losses in in 28 years!
2010...... 129,818 -989 -0.76%
So a simple math task at the end of 2001 (Bush's first year..)
131,826,000 people working At the end of 2008 Bush last year...
136,790,000 working people.
4,964,000 more people working !