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

[birddog]

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

Barrack Obama: 8.86%

Average Unemployment Rates For US Presidents since 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: 8.86%

Either you are a dishonest or stupid fuck. First off, think of all the jobs that were fleeing America when Bush left office. Yes these numbers are still bush's fault.

2ndly. Remember all the spending cuts the tea baggers insisted on? Remember the GOP wouldn't let Obama have any stimulus money like we gave Reagan and Bush to help stimulate their economies? So you tied his hands and you insisted on spending cuts you knew would cut jobs. Your corporations have record profits in the bank and they still aren't hiring or giving raises.

So don't blame Obama. Blame yourselves.

Wow, take off the blinders, Sealy!!! Bush left office almost six YEARS ago...Obama's current numbers are STILL his fault? Gee, I wonder when Barry's going to be held responsible for his own economic ineptness!

The GOP didn't let Obama have ANY stimulus money? First of all, Democrats had control of the House and the Senate. Secondly, Barack Obama not only got the remaining TARP stimulus to play with but nearly 900 billion in the Obama Stimulus to spend. He rang up more spending in his first two years than any President in the history of this nation! How you come to the conclusion that he had his "hands tied" is a mystery to me.

Corporations aren't hiring or investing because this Administration has such confused policies for economic growth, regulations of businesses and taxation that the people running businesses here are AFRAID to commit the capital TO hire.

Plus, if you noticed, the stock market took a big decline in the Fall of 08 when it became obvious to corporate investors that Obama was going to win! The investors did not invest like they would have if Obama lost.

 

[Oldstyle]

My question to the Director of the CBO would have been whether he thought the Obama stimulus was spent in the best way possible to create the most permanent jobs.

 

[Oldstyle]

Quite frankly I would have laughed out loud at his statement that spending a trillion dollars created more jobs than not spending a trillion. He get's paid the big bucks for "pearls of wisdom" like that? Really?

 

[AntiParty]

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

Barrack Obama: 8.86%

Average Unemployment Rates For US Presidents since 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: 8.86%

NAFTA is the real cause here, not a certain president. And all parties liked NAFTA because Corporations control both parties.

Check out the increase in welfare since NAFTA and see the spike from Clinton to Bush to Obama?

 

[ABikerSailor]

Either you are a dishonest or stupid fuck. First off, think of all the jobs that were fleeing America when Bush left office. Yes these numbers are still bush's fault.

2ndly. Remember all the spending cuts the tea baggers insisted on? Remember the GOP wouldn't let Obama have any stimulus money like we gave Reagan and Bush to help stimulate their economies? So you tied his hands and you insisted on spending cuts you knew would cut jobs. Your corporations have record profits in the bank and they still aren't hiring or giving raises.

So don't blame Obama. Blame yourselves.

Wow, take off the blinders, Sealy!!! Bush left office almost six YEARS ago...Obama's current numbers are STILL his fault? Gee, I wonder when Barry's going to be held responsible for his own economic ineptness!

The GOP didn't let Obama have ANY stimulus money? First of all, Democrats had control of the House and the Senate. Secondly, Barack Obama not only got the remaining TARP stimulus to play with but nearly 900 billion in the Obama Stimulus to spend. He rang up more spending in his first two years than any President in the history of this nation! How you come to the conclusion that he had his "hands tied" is a mystery to me.

Corporations aren't hiring or investing because this Administration has such confused policies for economic growth, regulations of businesses and taxation that the people running businesses here are AFRAID to commit the capital TO hire.

Plus, if you noticed, the stock market took a big decline in the Fall of 08 when it became obvious to corporate investors that Obama was going to win! The investors did not invest like they would have if Obama lost.

Okay.............you're right....................the stock market took a big decline in the fall of 2008, but that was when Jr. was still president.

Wanna talk about the stock market hitting over 17,000, and the S and P getting ready to go over 2,000?

I think Obama has done a decent job, and besides...............Boehner is calling for jobs (while wasting precious Congress time on stuff like Benghazi, repealing the ACA, and doing anything opposite of what Obama supports, even if they supported it a couple of years ago).

Kick out Boehner, McConnell, and Cantor (wait, he's already gone).

I'd like to see the first two kicked out as well.

 

[U2Edge]

Either you are a dishonest or stupid fuck. First off, think of all the jobs that were fleeing America when Bush left office. Yes these numbers are still bush's fault.

2ndly. Remember all the spending cuts the tea baggers insisted on? Remember the GOP wouldn't let Obama have any stimulus money like we gave Reagan and Bush to help stimulate their economies? So you tied his hands and you insisted on spending cuts you knew would cut jobs. Your corporations have record profits in the bank and they still aren't hiring or giving raises.

So don't blame Obama. Blame yourselves.

I'm sorry but these are the official numbers for each President at this time. The above was a year ago. Obama's figure is now 8.45% with the most recent month included in the figures.

Weird how a ponzi scheme Bush cheer-lead for kept his unemployment rate low, even if he lost 673,000+ PRIVATE sector jobs in 8 years right?

The fact remains, for the man on the street, he had an easier time finding a job while Bush was sitting in the White House than when Obama started sitting there.

George Bush has the 3rd lowest average monthly unemployment rate for a President serving at least two full terms or more in United States History!

 

[Oldstyle]

Wow, take off the blinders, Sealy!!! Bush left office almost six YEARS ago...Obama's current numbers are STILL his fault? Gee, I wonder when Barry's going to be held responsible for his own economic ineptness!

The GOP didn't let Obama have ANY stimulus money? First of all, Democrats had control of the House and the Senate. Secondly, Barack Obama not only got the remaining TARP stimulus to play with but nearly 900 billion in the Obama Stimulus to spend. He rang up more spending in his first two years than any President in the history of this nation! How you come to the conclusion that he had his "hands tied" is a mystery to me.

Corporations aren't hiring or investing because this Administration has such confused policies for economic growth, regulations of businesses and taxation that the people running businesses here are AFRAID to commit the capital TO hire.

Plus, if you noticed, the stock market took a big decline in the Fall of 08 when it became obvious to corporate investors that Obama was going to win! The investors did not invest like they would have if Obama lost.

Okay.............you're right....................the stock market took a big decline in the fall of 2008, but that was when Jr. was still president.

Wanna talk about the stock market hitting over 17,000, and the S and P getting ready to go over 2,000?

I think Obama has done a decent job, and besides...............Boehner is calling for jobs (while wasting precious Congress time on stuff like Benghazi, repealing the ACA, and doing anything opposite of what Obama supports, even if they supported it a couple of years ago).

Kick out Boehner, McConnell, and Cantor (wait, he's already gone).

I'd like to see the first two kicked out as well.

Now that's an interesting take on what's gone on for the past five and a half years, Sailor! Because Obama has done such a piss poor job of stimulating the economy and creating jobs...the Fed has been doing non-stop quantitative easing to artificially pump up the stock market with essentially interest free money that only the wealthy had the credit to use. So yes, the stock market is up over 17,000 but the people that has helped are the ones that were already rich. Then Obama gets up on a soap box to declare that "income inequality" is the biggest problem that we have economically in this country! Well, no shit, Barry! A total lack of any economic plan since Larry Summers jumped ship is the real problem and Obama's own ineptness has caused that spike in income equality.

 

[Bfgrn]

I'm sorry but these are the official numbers for each President at this time. The above was a year ago. Obama's figure is now 8.45% with the most recent month included in the figures.

Weird how a ponzi scheme Bush cheer-lead for kept his unemployment rate low, even if he lost 673,000+ PRIVATE sector jobs in 8 years right?

The fact remains, for the man on the street, he had an easier time finding a job while Bush was sitting in the White House than when Obama started sitting there.

George Bush has the 3rd lowest average monthly unemployment rate for a President serving at least two full terms or more in United States History!

Even the Wall Street Journal says:

Bush On Jobs: The Worst Track Record On Record

Aughts were a lost decade for U.S. economy, workers

For most of the past 70 years, the U.S. economy has grown at a steady clip, generating perpetually higher incomes and wealth for American households. But since 2000, the story is starkly different.

The past decade was the worst for the U.S. economy in modern times, a sharp reversal from a long period of prosperity that is leading economists and policymakers to fundamentally rethink the underpinnings of the nation's growth.

It was, according to a wide range of data, a lost decade for American workers. The decade began in a moment of triumphalism -- there was a current of thought among economists in 1999 that recessions were a thing of the past. By the end, there were two, bookends to a debt-driven expansion that was neither robust nor sustainable.

There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well.

Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 -- and the number is sure to have declined further during a difficult 2009. The Aughts were the first decade of falling median incomes since figures were first compiled in the 1960s.

And the net worth of American households -- the value of their houses, retirement funds and other assets minus debts -- has also declined when adjusted for inflation, compared with sharp gains in every previous decade since data were initially collected in the 1950s.

 

[U2Edge]

Not only does George Bush have the 3rd lowest average monthly unemployment rate for a President serving at least two full terms or more in United States History, but he also has the record for the most months of unemployment BELOW 6%. Barack Obama has yet to have even one month below 6%!

 

[Bfgrn]

Not only does George Bush have the 3rd lowest average monthly unemployment rate for a President serving at least two full terms or more in United States History, but he also has the record for the most months of unemployment BELOW 6%. Barack Obama has yet to have even one month below 6%!

Link up buster...

Surprise! Obama Is Creating More New Jobs Than George W. Bush

Even President Barack Obama acknowledges that the economy is creating jobs too slowly under his stewardship. Yet Obama can now boast that more jobs have been created during his first term than during that of his predecessor George W. Bush.

When Bush began his first term in January 2001, total nonfarm employment was 132.47 million. When his second term began four years later, it was 132.45 million, or effectively zero job growth.

Obama's first term isn't technically over yet, but so far, employment has risen from 133.56 million in January 2009 to 134.02 million in the latest report, for December 2012. That's a net gain of about 460,000 or 0.3 percent. As paltry as that is, it beats Bush's first-term performance.

 

[edthecynic]

Plus, if you noticed, the stock market took a big decline in the Fall of 08 when it became obvious to corporate investors that Obama was going to win! The investors did not invest like they would have if Obama lost.

Notice how the Right blames Obama for what happened to the economy before he was even elected while McCain was leading in the polls, that's right McCain was leading in the polls until after the crash, but Bush was not responsible for either the Bush Recession of 2001 or the Bush Depression of 2007 that happened after he took office!

 

[Dad2three]

Obama got about $840 billion in stimulus money for non-existant 'shovel ready' jobs and later laughed about it. Bush gave tax rebates back to taxpayer as his stimulus. I will take Bush's approach every time.

Weird, 40% of Obama stimulus was tax cuts, 20% aid to states and EVERYTHING had to do with Dubya's regulator failure!


CBO Director Demolishes GOP's Stimulus Myth

Under questioning from skeptical Republicans, the director of the nonpartisan (and widely respected) Congressional Budget Office was emphatic about the value of the 2009 stimulus. And, he said, the vast majority of economists agree.

In a survey conducted by the University of Chicago Booth School of Business, 80 percent of economic experts agreed that, because of the stimulus, the U.S. unemployment rate was lower at the end of 2010 than it would have been otherwise.

"Only 4 percent disagreed or strongly disagreed," CBO Director Douglas Elmendorf told the House Budget Committee. "That," he added, "is a distinct minority."

CBO Director Demolishes GOP's Stimulus Myth

LOL...the question I have is what idiot wouldn't think that unemployment should be lower after the Federal Government spent over a TRILLION dollars in stimulus? The truth is that the Obama Stimulus was so badly handled that they had to invent a new economic statistic, "jobs created or saved" to hide how few jobs they actually created by spending that incredibly large amount of money!

Weird, Bush spent trillions on tax cuts and UNFUNDED wars, where were his jobs 'created or saved'? lol

 

[Dad2three]

Either you are a dishonest or stupid fuck. First off, think of all the jobs that were fleeing America when Bush left office. Yes these numbers are still bush's fault.

2ndly. Remember all the spending cuts the tea baggers insisted on? Remember the GOP wouldn't let Obama have any stimulus money like we gave Reagan and Bush to help stimulate their economies? So you tied his hands and you insisted on spending cuts you knew would cut jobs. Your corporations have record profits in the bank and they still aren't hiring or giving raises.

So don't blame Obama. Blame yourselves.

Wow, take off the blinders, Sealy!!! Bush left office almost six YEARS ago...Obama's current numbers are STILL his fault? Gee, I wonder when Barry's going to be held responsible for his own economic ineptness!

The GOP didn't let Obama have ANY stimulus money? First of all, Democrats had control of the House and the Senate. Secondly, Barack Obama not only got the remaining TARP stimulus to play with but nearly 900 billion in the Obama Stimulus to spend. He rang up more spending in his first two years than any President in the history of this nation! How you come to the conclusion that he had his "hands tied" is a mystery to me.

Corporations aren't hiring or investing because this Administration has such confused policies for economic growth, regulations of businesses and taxation that the people running businesses here are AFRAID to commit the capital TO hire.

Plus, if you noticed, the stock market took a big decline in the Fall of 08 when it became obvious to corporate investors that Obama was going to win! The investors did not invest like they would have if Obama lost.

GROW A BRAIN BUBBA


Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”

 

[Dad2three]

My question to the Director of the CBO would have been whether he thought the Obama stimulus was spent in the best way possible to create the most permanent jobs.

No, the stimulus was meant to stop US from going into GOP great depression 2.0.

40% of it was tax cuts to get the votes of a couple of GOPers needed to get a vote in the Senate...

 

[Dad2three]

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

Barrack Obama: 8.86%

Average Unemployment Rates For US Presidents since 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: 8.86%

NAFTA is the real cause here, not a certain president. And all parties liked NAFTA because Corporations control both parties.

Check out the increase in welfare since NAFTA and see the spike from Clinton to Bush to Obama?

NAFTA? Oh right that conservative thing Reagan announced the day he ran for Prez in 1979 and the one (like ALL 'free trade' agreements), 60% of Dems in Congress voted against!

 

[Dad2three]

I'm sorry but these are the official numbers for each President at this time. The above was a year ago. Obama's figure is now 8.45% with the most recent month included in the figures.

Weird how a ponzi scheme Bush cheer-lead for kept his unemployment rate low, even if he lost 673,000+ PRIVATE sector jobs in 8 years right?

The fact remains, for the man on the street, he had an easier time finding a job while Bush was sitting in the White House than when Obama started sitting there.

George Bush has the 3rd lowest average monthly unemployment rate for a President serving at least two full terms or more in United States History!

AVERAGE? He lost 673,000+ PRIVATE sector jobs in 8 years, ONLY his ponzi scheme called his 'home ownership society' helped him out, until it popped


Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”

DEC 2007

The Economic Consequences of Mr. Bush

The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup.


The Economic Consequences of Mr. Bush | Vanity Fair

 

[Statistikhengst]

The President with the greatest economic crash since the Great Depression is?

It wasn't the greatest until after we had 5 years of Obama's economic policies.

Yes, it was. You must be completely retarded. The crash happened in September 2008, under George W. Bush. The first major ripples of it were just being felt as Obama took office.

Nice try, you lose.

 

[pinqy]

The President with the greatest economic crash since the Great Depression is?

It wasn't the greatest until after we had 5 years of Obama's economic policies.

Yes, it was. You must be completely retarded. The crash happened in September 2008, under George W. Bush. The first major ripples of it were just being felt as Obama took office.

Nice try, you lose.

The start of the recession was December 2007, and it ended in June/July 2009. The split of total job losses was about even.

 

[Oldstyle]

OMG, Pinqy...you're questioning the "blame Bush" narrative!!!! How dare you!!!

 

[Oldstyle]

The fact of the matter is George W. Bush's two terms started with the recession following the end of the Dot Com boom and ended with the financial collapse in 2007. Throw in 9/11, eight months into his first year in office and W. had a LOT of shit to deal with economically. At least he HAD a plan to fix things after the Dot Com collapse...after 9/11 and after the financial collapse in 2007. Barack Obama's problem is that he doesn't have a clue what to do about an economy that's treading water and hasn't had an economic plan to fix economic growth or create jobs FOR YEARS NOW!