The President with the worst average unemployment rate since World War II is?

July 2003

Sens. Chuck Hagel (R-Nebraska), Elizabeth Dole (R-North Carolina) and John Sununu (R-New Hampshire) introduced legislation to address Regulation of Fannie Mae and Freddie Mac. The bill was blocked by Democrats.


Oh those poor minority Democrats looked pretty powerless I'm sure.
LIAR!

The bill died in COMMITTEE and the GOP as the MAJORITY Party controlled the committee, it is impossible for the Dems as the minority party to block anything in committee.

S. 1508, introduced 31 July 2003 by Sen Chuck Hagel (R-NE).
Bill Summary & Status - 108th Congress (2003 - 2004) - S.1508 - All Congressional Actions - THOMAS (Library of Congress)
 
July 2003

Sens. Chuck Hagel (R-Nebraska), Elizabeth Dole (R-North Carolina) and John Sununu (R-New Hampshire) introduced legislation to address Regulation of Fannie Mae and Freddie Mac. The bill was blocked by Democrats.


Oh those poor minority Democrats looked pretty powerless I'm sure.
LIAR!

The bill died in COMMITTEE and the GOP as the MAJORITY Party controlled the committee, it is impossible for the Dems as the minority party to block anything in committee.

S. 1508, introduced 31 July 2003 by Sen Chuck Hagel (R-NE).
Bill Summary & Status - 108th Congress (2003 - 2004) - S.1508 - All Congressional Actions - THOMAS (Library of Congress)


That's public historical account of what happened in Congress. Are you suggesting the legislative branch falsifies information of all bills introduced and blocked? Try again there buddy.
 
July 2003

Sens. Chuck Hagel (R-Nebraska), Elizabeth Dole (R-North Carolina) and John Sununu (R-New Hampshire) introduced legislation to address Regulation of Fannie Mae and Freddie Mac. The bill was blocked by Democrats.


Oh those poor minority Democrats looked pretty powerless I'm sure.
LIAR!

The bill died in COMMITTEE and the GOP as the MAJORITY Party controlled the committee, it is impossible for the Dems as the minority party to block anything in committee.

S. 1508, introduced 31 July 2003 by Sen Chuck Hagel (R-NE).
Bill Summary & Status - 108th Congress (2003 - 2004) - S.1508 - All Congressional Actions - THOMAS (Library of Congress)


That's public historical account of what happened in Congress. Are you suggesting the legislative branch falsifies information of all bills introduced and blocked? Try again there buddy.
Yeah, the public record I linked to says the bill never got passed the Senate Committee on Banking, Housing, and Urban Affairs which the GOP held the majority of the seats. There is no filibuster in a committee, it is simple majority vote.
 
July 2003

Sens. Chuck Hagel (R-Nebraska), Elizabeth Dole (R-North Carolina) and John Sununu (R-New Hampshire) introduced legislation to address Regulation of Fannie Mae and Freddie Mac. The bill was blocked by Democrats.


Oh those poor minority Democrats looked pretty powerless I'm sure.
LIAR!

The bill died in COMMITTEE and the GOP as the MAJORITY Party controlled the committee, it is impossible for the Dems as the minority party to block anything in committee.

S. 1508, introduced 31 July 2003 by Sen Chuck Hagel (R-NE).
Bill Summary & Status - 108th Congress (2003 - 2004) - S.1508 - All Congressional Actions - THOMAS (Library of Congress)


That's public historical account of what happened in Congress. Are you suggesting the legislative branch falsifies information of all bills introduced and blocked? Try again there buddy.
As Ed points out, that bill died in committee...

Latest Major Action: 4/1/2004 Senate committee/subcommittee actions. Status: Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

... Republicans ran that committee .... how is it Democrats' fault that Republicans didn't report the amendment(s) on the bill?
 
July 2003

Sens. Chuck Hagel (R-Nebraska), Elizabeth Dole (R-North Carolina) and John Sununu (R-New Hampshire) introduced legislation to address Regulation of Fannie Mae and Freddie Mac. The bill was blocked by Democrats.


Oh those poor minority Democrats looked pretty powerless I'm sure.
LIAR!

The bill died in COMMITTEE and the GOP as the MAJORITY Party controlled the committee, it is impossible for the Dems as the minority party to block anything in committee.

S. 1508, introduced 31 July 2003 by Sen Chuck Hagel (R-NE).
Bill Summary & Status - 108th Congress (2003 - 2004) - S.1508 - All Congressional Actions - THOMAS (Library of Congress)


That's public historical account of what happened in Congress. Are you suggesting the legislative branch falsifies information of all bills introduced and blocked? Try again there buddy.
the bill did make it out of committee, and it made it to the Republican Leadership to bring it to the floor for a vote.

but the Republican leadership never brought Hagel's bill to the Floor....the reason why, is because they did not have Republican support for it.

They did have enough republicans to pass the Hagel bill initially,

BUT, Freddie Mack spent a couple of million dollars on LOBBYISTS to Lobby the Republican Senators to DROP their support for it, and Freddie Mac Managed to get enough Republicans to go against Hagel's bill, that the bill would no longer pass.

so the Republican leadership did not want to bring this bill to the floor with so many republicans voting against it now and let the public see this....
Freddie Mac paid Republican firm to kill legislation against Fannie Mae (Smear alert)
Freddie Mac paid Republican firm to kill legislation against Fannie Mae (Smear alert)
Springfield (OH) News-Sun ^ | 10/20/2008

Posted on 10/20/2008, 1:28:52 PM by markomalley


Washington — Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse.

In the cross hairs of the campaign carried out by DCI of Washington were Republican senators and a regulatory overhaul bill sponsored by Sen. Chuck Hagel, R-Neb.

DCI's chief executive is Doug Goodyear, whom John McCain's campaign later hired to manage the GOP convention in September.

Freddie Mac's payments to DCI began shortly after a Senate committee sent Hagel's bill to the then GOP-run Senate on July 28, 2005.

All GOP members of the committee supported it; all Democrats opposed it.

In the midst of DCI's yearlong effort, Hagel and 25 other Republican senators pleaded unsuccessfully with Senate Majority Leader Bill Frist, R-Tenn., to allow a vote.

"If effective regulatory reform legislation ... is not enacted this year, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole," the senators wrote in a letter that proved prophetic.

Unknown to the senators, DCI was undermining support for the bill in a campaign targeting 17 Republican senators in 13 states, according to documents obtained by The Associated Press.

In the end, there was not enough Republican support for Hagel's bill to warrant bringing it up for a vote because Democrats also opposed it and the votes of some would be needed for passage.

also this to read
How Freddie Mac Splashed Cash to Halt Regulation
 
July 2003

Sens. Chuck Hagel (R-Nebraska), Elizabeth Dole (R-North Carolina) and John Sununu (R-New Hampshire) introduced legislation to address Regulation of Fannie Mae and Freddie Mac. The bill was blocked by Democrats.


Oh those poor minority Democrats looked pretty powerless I'm sure.
LIAR!

The bill died in COMMITTEE and the GOP as the MAJORITY Party controlled the committee, it is impossible for the Dems as the minority party to block anything in committee.

S. 1508, introduced 31 July 2003 by Sen Chuck Hagel (R-NE).
Bill Summary & Status - 108th Congress (2003 - 2004) - S.1508 - All Congressional Actions - THOMAS (Library of Congress)


That's public historical account of what happened in Congress. Are you suggesting the legislative branch falsifies information of all bills introduced and blocked? Try again there buddy.
the bill did make it out of committee, and it made it to the Republican Leadership to bring it to the floor for a vote.

but the Republican leadership never brought Hagel's bill to the Floor....the reason why, is because they did not have Republican support for it.

They did have enough republicans to pass the Hagel bill initially,

BUT, Freddie Mack spent a couple of million dollars on LOBBYISTS to Lobby the Republican Senators to DROP their support for it, and Freddie Mac Managed to get enough Republicans to go against Hagel's bill, that the bill would no longer pass.

so the Republican leadership did not want to bring this bill to the floor with so many republicans voting against it now and let the public see this....
Freddie Mac paid Republican firm to kill legislation against Fannie Mae (Smear alert)
Freddie Mac paid Republican firm to kill legislation against Fannie Mae (Smear alert)
Springfield (OH) News-Sun ^ | 10/20/2008

Posted on 10/20/2008, 1:28:52 PM by markomalley


Washington — Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse.

In the cross hairs of the campaign carried out by DCI of Washington were Republican senators and a regulatory overhaul bill sponsored by Sen. Chuck Hagel, R-Neb.

DCI's chief executive is Doug Goodyear, whom John McCain's campaign later hired to manage the GOP convention in September.

Freddie Mac's payments to DCI began shortly after a Senate committee sent Hagel's bill to the then GOP-run Senate on July 28, 2005.

All GOP members of the committee supported it; all Democrats opposed it.

In the midst of DCI's yearlong effort, Hagel and 25 other Republican senators pleaded unsuccessfully with Senate Majority Leader Bill Frist, R-Tenn., to allow a vote.

"If effective regulatory reform legislation ... is not enacted this year, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole," the senators wrote in a letter that proved prophetic.

Unknown to the senators, DCI was undermining support for the bill in a campaign targeting 17 Republican senators in 13 states, according to documents obtained by The Associated Press.

In the end, there was not enough Republican support for Hagel's bill to warrant bringing it up for a vote because Democrats also opposed it and the votes of some would be needed for passage.

also this to read
How Freddie Mac Splashed Cash to Halt Regulation
That's yet another bill which died in the hands of Republicans. That was S.190 (2005). ShaklesOfBigGov referenced S.1508 (2003).
 
July 2003

Sens. Chuck Hagel (R-Nebraska), Elizabeth Dole (R-North Carolina) and John Sununu (R-New Hampshire) introduced legislation to address Regulation of Fannie Mae and Freddie Mac. The bill was blocked by Democrats.


Oh those poor minority Democrats looked pretty powerless I'm sure.
LIAR!

The bill died in COMMITTEE and the GOP as the MAJORITY Party controlled the committee, it is impossible for the Dems as the minority party to block anything in committee.

S. 1508, introduced 31 July 2003 by Sen Chuck Hagel (R-NE).
Bill Summary & Status - 108th Congress (2003 - 2004) - S.1508 - All Congressional Actions - THOMAS (Library of Congress)


That's public historical account of what happened in Congress. Are you suggesting the legislative branch falsifies information of all bills introduced and blocked? Try again there buddy.
the bill did make it out of committee, and it made it to the Republican Leadership to bring it to the floor for a vote.

but the Republican leadership never brought Hagel's bill to the Floor....the reason why, is because they did not have Republican support for it.

They did have enough republicans to pass the Hagel bill initially,

BUT, Freddie Mack spent a couple of million dollars on LOBBYISTS to Lobby the Republican Senators to DROP their support for it, and Freddie Mac Managed to get enough Republicans to go against Hagel's bill, that the bill would no longer pass.

so the Republican leadership did not want to bring this bill to the floor with so many republicans voting against it now and let the public see this....
Freddie Mac paid Republican firm to kill legislation against Fannie Mae (Smear alert)
Freddie Mac paid Republican firm to kill legislation against Fannie Mae (Smear alert)
Springfield (OH) News-Sun ^ | 10/20/2008

Posted on 10/20/2008, 1:28:52 PM by markomalley


Washington — Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse.

In the cross hairs of the campaign carried out by DCI of Washington were Republican senators and a regulatory overhaul bill sponsored by Sen. Chuck Hagel, R-Neb.

DCI's chief executive is Doug Goodyear, whom John McCain's campaign later hired to manage the GOP convention in September.

Freddie Mac's payments to DCI began shortly after a Senate committee sent Hagel's bill to the then GOP-run Senate on July 28, 2005.

All GOP members of the committee supported it; all Democrats opposed it.

In the midst of DCI's yearlong effort, Hagel and 25 other Republican senators pleaded unsuccessfully with Senate Majority Leader Bill Frist, R-Tenn., to allow a vote.

"If effective regulatory reform legislation ... is not enacted this year, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole," the senators wrote in a letter that proved prophetic.

Unknown to the senators, DCI was undermining support for the bill in a campaign targeting 17 Republican senators in 13 states, according to documents obtained by The Associated Press.

In the end, there was not enough Republican support for Hagel's bill to warrant bringing it up for a vote because Democrats also opposed it and the votes of some would be needed for passage.

also this to read
How Freddie Mac Splashed Cash to Halt Regulation
That's yet another bill which died in the hands of Republicans. That was S.190 (2005). ShaklesOfBigGov referenced S.1508 (2003).
The GOP Senate also killed another reform bill introduced by Sen. Corzine D NJ.

S.1656, introduced 23 September 2003 by Sen Jon S. Corzine (D-NJ).
Title: A bill to address regulation of secondary mortgage market enterprises, and for other purposes.
Latest Major Action: 9/25/2003 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
 
July 2003

Sens. Chuck Hagel (R-Nebraska), Elizabeth Dole (R-North Carolina) and John Sununu (R-New Hampshire) introduced legislation to address Regulation of Fannie Mae and Freddie Mac. The bill was blocked by Democrats.


Oh those poor minority Democrats looked pretty powerless I'm sure.
LIAR!

The bill died in COMMITTEE and the GOP as the MAJORITY Party controlled the committee, it is impossible for the Dems as the minority party to block anything in committee.

S. 1508, introduced 31 July 2003 by Sen Chuck Hagel (R-NE).
Bill Summary & Status - 108th Congress (2003 - 2004) - S.1508 - All Congressional Actions - THOMAS (Library of Congress)


That's public historical account of what happened in Congress. Are you suggesting the legislative branch falsifies information of all bills introduced and blocked? Try again there buddy.
the bill did make it out of committee, and it made it to the Republican Leadership to bring it to the floor for a vote.

but the Republican leadership never brought Hagel's bill to the Floor....the reason why, is because they did not have Republican support for it.

They did have enough republicans to pass the Hagel bill initially,

BUT, Freddie Mack spent a couple of million dollars on LOBBYISTS to Lobby the Republican Senators to DROP their support for it, and Freddie Mac Managed to get enough Republicans to go against Hagel's bill, that the bill would no longer pass.

so the Republican leadership did not want to bring this bill to the floor with so many republicans voting against it now and let the public see this....
Freddie Mac paid Republican firm to kill legislation against Fannie Mae (Smear alert)
Freddie Mac paid Republican firm to kill legislation against Fannie Mae (Smear alert)
Springfield (OH) News-Sun ^ | 10/20/2008

Posted on 10/20/2008, 1:28:52 PM by markomalley


Washington — Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse.

In the cross hairs of the campaign carried out by DCI of Washington were Republican senators and a regulatory overhaul bill sponsored by Sen. Chuck Hagel, R-Neb.

DCI's chief executive is Doug Goodyear, whom John McCain's campaign later hired to manage the GOP convention in September.

Freddie Mac's payments to DCI began shortly after a Senate committee sent Hagel's bill to the then GOP-run Senate on July 28, 2005.

All GOP members of the committee supported it; all Democrats opposed it.

In the midst of DCI's yearlong effort, Hagel and 25 other Republican senators pleaded unsuccessfully with Senate Majority Leader Bill Frist, R-Tenn., to allow a vote.

"If effective regulatory reform legislation ... is not enacted this year, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole," the senators wrote in a letter that proved prophetic.

Unknown to the senators, DCI was undermining support for the bill in a campaign targeting 17 Republican senators in 13 states, according to documents obtained by The Associated Press.

In the end, there was not enough Republican support for Hagel's bill to warrant bringing it up for a vote because Democrats also opposed it and the votes of some would be needed for passage.

also this to read
How Freddie Mac Splashed Cash to Halt Regulation
That's yet another bill which died in the hands of Republicans. That was S.190 (2005). ShaklesOfBigGov referenced S.1508 (2003).
The GOP Senate also killed another reform bill introduced by Sen. Corzine D NJ.

S.1656, introduced 23 September 2003 by Sen Jon S. Corzine (D-NJ).
Title: A bill to address regulation of secondary mortgage market enterprises, and for other purposes.
Latest Major Action: 9/25/2003 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
As is H.R.2575 (2003)

... and H.R.1461 (2005), which actually passed in the House, but like every other GSE reform bill, died in the GOP-led Senate.

It wasn't until 2008, when we had a Democrat-led Senate, that a GSE reform bill finally made it to the president's desk. And even that bill is criticized by the retarded right who couldn't pass a bill for all the years they ran the Congress.

Shakles is just another poor, hapless, rightarded imbecile who doesn't have a clue about any of this. That was proven beyond any shadow of doubt when he started this by declaring Pelosi and Reed (sic) were responsible in 2008; for the financial collapse. A position sooo fucking retarded, even he wouldn't try to defend it, despite my numerous attempts to get him to do so.
 
The monthly unemployment rate for December 2015 was 5.0%. This is Obama's 84th month of office. This drops the average unemployment rate for the time he has been in office from the average 7.85% in November 2015 at 83 months to the average of 7.81% in December 2015 at 84 months.

Here is the new standings for the Presidents with Obama's revised numbers:

The President with the worst average unemployment rate since World War II is?

Barrack Obama: 7.81%

Average Unemployment Rates for US Presidents since after World War II:

01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Dwight Eisenhower: 4.89%
04. Richard Nixon: 5.00%
05. Bill Clinton: 5.20%
06. George W. Bush: 5.27%
07. John Kennedy: 5.98%
08. George H.W. Bush: 6.30%
09. Jimmy Carter: 6.54%
10. Ronald Reagan: 7.54%
11. Gerald Ford: 7.77%
12. Barack Obama: 7.81%

656.4/84 = 7.8142 = 7.81%


There are 12 months left in Obama's Presidency.

The labor force participation rate went up in December to 62.6%, from the 62.5% it was at in November.
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined

When you lose a shit load of jobs under your watch, you need to add a lot more to make up for it. Obama will never be able to match the much lower unemployment averages the Bush's had while they were in office.
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined

When you lose a shit load of jobs under your watch, you need to add a lot more to make up for it. Obama will never be able to match the much lower unemployment averages the Bush's had while they were in office.

Yup

Obama was also unable to double the unemployment rate like Bush did
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined

When you lose a shit load of jobs under your watch, you need to add a lot more to make up for it. Obama will never be able to match the much lower unemployment averages the Bush's had while they were in office.
Bush doubled the number of unemployed from 6 million to 12 million, and to you that was great.
Obama has reduced the number of unemployed from 12 million to 7.9 million and you say that is bad because of some stupid meaningless average that hides the damage that Bush did to the economy. :cuckoo:
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined

When you lose a shit load of jobs under your watch, you need to add a lot more to make up for it. Obama will never be able to match the much lower unemployment averages the Bush's had while they were in office.
Bush doubled the number of unemployed from 6 million to 12 million, and to you that was great.
Obama has reduced the number of unemployed from 12 million to 7.9 million and you say that is bad because of some stupid meaningless average that hides the damage that Bush did to the economy. :cuckoo:

Generally, the economy was very good while Bush was in office. For most of those 96 months that he was in office, more people had jobs and an easier time finding jobs than they did while Obama was in office. In February 2008, only 11 months before Bush left office, the unemployment rate was at 4.9% and the labor force participation rate was near 60%. The numbers only turned bad in Bush's last few months in office caused by the financial crises due to excessive deregulation from years ago, most of which happened prior to Bush entering office in 2001. Bill Clintons repeal of Glass-Steagall act had far more impact in creating the financial crises of 2008 than anything Bush did. In general, Bush did well with the economy although he did not undue the damage done by Clinton and others through deregulation which unfortunately led to the collapse and recession in late 2008.
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined

When you lose a shit load of jobs under your watch, you need to add a lot more to make up for it. Obama will never be able to match the much lower unemployment averages the Bush's had while they were in office.
Bush doubled the number of unemployed from 6 million to 12 million, and to you that was great.
Obama has reduced the number of unemployed from 12 million to 7.9 million and you say that is bad because of some stupid meaningless average that hides the damage that Bush did to the economy. :cuckoo:

Generally, the economy was very good while Bush was in office. For most of those 96 months that he was in office, more people had jobs and an easier time finding jobs than they did while Obama was in office. In February 2008, only 11 months before Bush left office, the unemployment rate was at 4.9% and the labor force participation rate was near 60%. The numbers only turned bad in Bush's last few months in office caused by the financial crises due to excessive deregulation from years ago, most of which happened prior to Bush entering office in 2001. Bill Clintons repeal of Glass-Steagall act had far more impact in creating the financial crises of 2008 than anything Bush did. In general, Bush did well with the economy although he did not undue the damage done by Clinton and others through deregulation which unfortunately led to the collapse and recession in late 2008.

Hence the difficulties with your ridiculous "average" claims

Bush was handed a strong economy, 4.1% unemployment, no deficit, no wars to pay for...took a while for him to screw it up
But screw it up he did........and left it for Obama to fix
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined

When you lose a shit load of jobs under your watch, you need to add a lot more to make up for it. Obama will never be able to match the much lower unemployment averages the Bush's had while they were in office.
Bush doubled the number of unemployed from 6 million to 12 million, and to you that was great.
Obama has reduced the number of unemployed from 12 million to 7.9 million and you say that is bad because of some stupid meaningless average that hides the damage that Bush did to the economy. :cuckoo:

Generally, the economy was very good while Bush was in office. For most of those 96 months that he was in office, more people had jobs and an easier time finding jobs than they did while Obama was in office. In February 2008, only 11 months before Bush left office, the unemployment rate was at 4.9% and the labor force participation rate was near 60%. The numbers only turned bad in Bush's last few months in office caused by the financial crises due to excessive deregulation from years ago, most of which happened prior to Bush entering office in 2001. Bill Clintons repeal of Glass-Steagall act had far more impact in creating the financial crises of 2008 than anything Bush did. In general, Bush did well with the economy although he did not undue the damage done by Clinton and others through deregulation which unfortunately led to the collapse and recession in late 2008.

Hence the difficulties with your ridiculous "average" claims

Bush was handed a strong economy, 4.1% unemployment, no deficit, no wars to pay for...took a while for him to screw it up
But screw it up he did........and left it for Obama to fix

Exactly.......
And Bill Clinton left with surplus then screwed by Bush.

Clinton Projects $1.9 Trillion Budget Surplus
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined

When you lose a shit load of jobs under your watch, you need to add a lot more to make up for it. Obama will never be able to match the much lower unemployment averages the Bush's had while they were in office.
Bush doubled the number of unemployed from 6 million to 12 million, and to you that was great.
Obama has reduced the number of unemployed from 12 million to 7.9 million and you say that is bad because of some stupid meaningless average that hides the damage that Bush did to the economy. :cuckoo:

Generally, the economy was very good while Bush was in office. For most of those 96 months that he was in office, more people had jobs and an easier time finding jobs than they did while Obama was in office. In February 2008, only 11 months before Bush left office, the unemployment rate was at 4.9% and the labor force participation rate was near 60%. The numbers only turned bad in Bush's last few months in office caused by the financial crises due to excessive deregulation from years ago, most of which happened prior to Bush entering office in 2001. Bill Clintons repeal of Glass-Steagall act had far more impact in creating the financial crises of 2008 than anything Bush did. In general, Bush did well with the economy although he did not undue the damage done by Clinton and others through deregulation which unfortunately led to the collapse and recession in late 2008.

Hence the difficulties with your ridiculous "average" claims

Bush was handed a strong economy, 4.1% unemployment, no deficit, no wars to pay for...took a while for him to screw it up
But screw it up he did........and left it for Obama to fix

Exactly.......
And Bill Clinton left with surplus then screwed by Bush.

Clinton Projects $1.9 Trillion Budget Surplus

Bush took that surplus and used it as a justification to cut taxes. Only added to the deficit. We still haven't recovered from the loss in revenue due to Bush decisions
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined

When you lose a shit load of jobs under your watch, you need to add a lot more to make up for it. Obama will never be able to match the much lower unemployment averages the Bush's had while they were in office.
Bush doubled the number of unemployed from 6 million to 12 million, and to you that was great.
Obama has reduced the number of unemployed from 12 million to 7.9 million and you say that is bad because of some stupid meaningless average that hides the damage that Bush did to the economy. :cuckoo:

Generally, the economy was very good while Bush was in office. For most of those 96 months that he was in office, more people had jobs and an easier time finding jobs than they did while Obama was in office. In February 2008, only 11 months before Bush left office, the unemployment rate was at 4.9% and the labor force participation rate was near 60%. The numbers only turned bad in Bush's last few months in office caused by the financial crises due to excessive deregulation from years ago, most of which happened prior to Bush entering office in 2001. Bill Clintons repeal of Glass-Steagall act had far more impact in creating the financial crises of 2008 than anything Bush did. In general, Bush did well with the economy although he did not undue the damage done by Clinton and others through deregulation which unfortunately led to the collapse and recession in late 2008.
So Bill Clinton was responsible for the low unemployment during the Bush Regime, since you are claiming that Clinton policies that Bush didn't change were the controlling influence on the economy.

But no, you want it both ways, you want to credit Bush for the low unemployment he inherited from Clinton and blame Clinton for the horrible unemployment Bush passed on.
 
The monthly unemployment rate for December 2015 was 5.0%. This is Obama's 84th month of office. This drops the average unemployment rate for the time he has been in office from the average 7.85% in November 2015 at 83 months to the average of 7.81% in December 2015 at 84 months.

Here is the new standings for the Presidents with Obama's revised numbers:

The President with the worst average unemployment rate since World War II is?

Barrack Obama: 7.81%

Average Unemployment Rates for US Presidents since after World War II:

01. Lyndon Johnson: 4.19%
02. Harry Truman: 4.26%
03. Dwight Eisenhower: 4.89%
04. Richard Nixon: 5.00%
05. Bill Clinton: 5.20%
06. George W. Bush: 5.27%
07. John Kennedy: 5.98%
08. George H.W. Bush: 6.30%
09. Jimmy Carter: 6.54%
10. Ronald Reagan: 7.54%
11. Gerald Ford: 7.77%
12. Barack Obama: 7.81%

656.4/84 = 7.8142 = 7.81%


There are 12 months left in Obama's Presidency.

The labor force participation rate went up in December to 62.6%, from the 62.5% it was at in November.
After 83 months in office ....

Obama ..... 7.81%
Reagan .... 7.83%

:ack-1::ack-1::ack-1:
 
Meaning President Obama has added more than 9.3 million jobs since taking office

Both Bush's combined added 4.0 million jobs meaning Obama has over twice the jobs of the Bush's combined

When you lose a shit load of jobs under your watch, you need to add a lot more to make up for it. Obama will never be able to match the much lower unemployment averages the Bush's had while they were in office.
That's because unlike Bush, his predecessor didn't hand him an unemployment rate of 4.2%. Instead, Obama inherited the highest unemployment rate that any president started with since Hoover passed along double digit unemployment to FDR.
 

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