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

[U2Edge]

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

Yes average. Its an average that considers all 96 months in office rather than simply comparing a figure from the first and one from the last year. The average is far more representative because it considers all the data from every month the President was in office.

 

[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%!

Link up buster...

All my data comes from here U.S. Bureau of Labor Statistics. The factual objective data from this site shows that Bush has the record for the most months of unemployment below 6%.

 

[edthecynic]

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

Yes average. Its an average that considers all 96 months in office rather than simply comparing a figure from the first and one from the last year. The average is far more representative because it considers all the data from every month the President was in office.

No it isn't because it does not show the direction the economy took during those 96 months. An economy that starts good and goes bad is a poorly handled economy no matter what the average is. You would want a good economy to get better just as you would want a bad economy to get better, nobody in their right mind would want an economy to get worse no matter what the average.

 

[Dad2three]

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.

WHY were the jobs lost under Obama however? 4+ million in 2009? His policies?

 

[Dad2three]

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!

PLEASE tell me this 'plan' Dubya had?

The Economists' statement opposing the Bush tax cuts was a statement signed by roughly 450 economists, including ten of the twenty-four American Nobel Prize laureates alive at the time, in February 2003 who urged the U.S. President George W. Bush not to enact the 2003 tax cuts; seeking and sought to gather public support for the position. The statement was printed as a full-page ad in The New York Times and released to the public through the Economic Policy Institute. According to the statement, the 450 plus economists who signed the statement believe that the 2003 Bush tax cuts will increase inequality and the budget deficit, decreasing the ability of the U.S. government to fund essential services, while failing to produce economic growth.

In rebuttal, 250 plus economists who supported the tax plan wrote that the new plan would "create more employment, economic growth, and opportunities for all Americans."

WHICH SIDE WAS CORRECT?


Economists' statement opposing the Bush tax cuts - Wikipedia, the free encyclopedia



Bush Lead During Weakest Economy in Decades


"The expansion was a continuation of the way the U.S. has grown for too long, which was a consumer-led expansion that was heavily concentrated in housing," said Douglas Holtz-Eakin, a onetime Bush White House staffer and one of Sen. John McCain's top economic advisers for his presidential campaign. "There was very little of the kind of saving and export-led growth that would be more sustainable."

"For a group that claims it wants to be judged by history, there is no evidence on the economic policy front that that was the view," Holtz-Eakin said. "It was all Band-Aids."


"It's sad to say, but we really went nowhere for almost ten years, after you extract the boost provided by the housing and mortgage boom," said Mark Zandi, chief economist of Moody's Economy.com, and an informal adviser to McCain's campaign. "It's almost a lost economic decade."

Bush Lead During Weakest Economy in Decades

 

[Dad2three]

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

Yes average. Its an average that considers all 96 months in office rather than simply comparing a figure from the first and one from the last year. The average is far more representative because it considers all the data from every month the President was in office.

Weird, so the home ownership ponzi scheme helped Dubya AND he still lost 673,0000+ PRIVATE sector jobs in 8 years? How'd that avg work out?



"It's sad to say, but we really went nowhere for almost ten years, after you extract the boost provided by the housing and mortgage boom," said Mark Zandi, chief economist of Moody's Economy.com, and an informal adviser to McCain's campaign. "It's almost a lost economic decade."


Bush Lead During Weakest Economy in Decades


BUT 10+ MILLION PRIVATE SECTOR JOBS CREATED UNDER OBAMA SINCE HITTING BUSH'S BOTTOM, MARCH 2010, IS 'FAILURE' IN RIGHT WING WORLD RIGHT?

 

[Dad2three]

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...

All my data comes from here U.S. Bureau of Labor Statistics. The factual objective data from this site shows that Bush has the record for the most months of unemployment below 6%.

Average huh? What did he inherit and what did he leave his predecessor? 4% v 7%!!!!

 

[longknife]

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%

And, as usual, the numbers are FAKE - made up to try to make Dear Leader look good.

How many Black teenagers are sitting on their front stoops with not a single job in sight?
How many college graduates are NOT working in jobs commensurate with their degrees?
How many working are now Part Time instead of Full?
How many employers are begging for candidates who can read and write above a 3rd grade level?

 

[LA RAM FAN]

Up until Obama The President of the United States was accountable for many things....

Obama is not it seems....

thats the funniest thing i have ever heard in my life. the president has NEVER been held accountable for his actions.he gets away with crimes everyday we could never get away with. when has a president ever gone to jail? never.

 

[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%

And, as usual, the numbers are FAKE - made up to try to make Dear Leader look good.

How many Black teenagers are sitting on their front stoops with not a single job in sight?
How many college graduates are NOT working in jobs commensurate with their degrees?
How many working are now Part Time instead of Full?
How many employers are begging for candidates who can read and write above a 3rd grade level?

Weird, after 8 years of Dubya/GOP 'job creator' poicies the economy should've boomed right?

Wall Street Journal:

Bush On Jobs: The Worst Track Record On Record

Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ

 

[longknife]

I still don't see an answer to my questions.

 

[pinqy]

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%

And, as usual, the numbers are FAKE - made up to try to make Dear Leader look good.

how, exactly do you think that would work? How could the numbers be faked? And "dear leader?" You clearly don't know any Federal employees.

How many Black teenagers are sitting on their front stoops with not a single job in sight?

211,000 unemployed African Americans age 16-19. The number without hope would be a bit fewer.

How many college graduates are NOT working in jobs commensurate with their degrees?

Fine Arts majors? Most of them. Philosophy majors. All of them. My point is that we can't measure that in any meaningful way.

How many working are now Part Time instead of Full?

7.5 million working part time due to cut hours, slow work, or couldn't find full time job.

How many employers are begging for candidates who can read and write above a 3rd grade level?

Two. Disney channel and Nickelodeon are in the market for 9 year olds. Don't know who else.

 

[ABikerSailor]

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.

WHY were the jobs lost under Obama however? 4+ million in 2009? His policies?

Actually, you may wish to check again.

Under Jr. there were lots of jobs lost, but then again it was because those of the right wing told him to sell those jobs out to other nations.

Obama saw what was happening, and decided that we needed the jobs. Yeah................under Obama we lost some jobs, but that was only because Jr. (aka Shrub) had set us along the path of losing them.

Obama has not only brought jobs back to the U.S.A., but he has also figured out how to bring them back.

I just wish that he could do the same things that he did with other jobs and make it happen with the steel industry.

Do we really need to have sub standard steel (i.e. that which comes from China) which is cheaper, but would fail?

I don't really think that the Golden Gate Bridge or any other that carries a lot of Americans should be built by those who look for the cheapest alternatives.

Real American bridges, and roads should be built by American steel.

 

[Dad2three]

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

WHY were the jobs lost under Obama however? 4+ million in 2009? His policies?

Actually, you may wish to check again.

Under Jr. there were lots of jobs lost, but then again it was because those of the right wing told him to sell those jobs out to other nations.

Obama saw what was happening, and decided that we needed the jobs. Yeah................under Obama we lost some jobs, but that was only because Jr. (aka Shrub) had set us along the path of losing them.

Obama has not only brought jobs back to the U.S.A., but he has also figured out how to bring them back.

I just wish that he could do the same things that he did with other jobs and make it happen with the steel industry.

Do we really need to have sub standard steel (i.e. that which comes from China) which is cheaper, but would fail?

I don't really think that the Golden Gate Bridge or any other that carries a lot of Americans should be built by those who look for the cheapest alternatives.

Real American bridges, and roads should be built by American steel.

US steel industry gets a boost with ruling on steel dumping -


U.S. moves to levy tariffs on steel from South Korea, 8 other nations

The U.S. government moved to impose substantial punitive tariffs on hundreds of millions of dollars of imported steel products from South Korea and eight other countries, a much-anticipated decision that marks one of the largest anti-dumping cases in recent memory.

Steel imports from the nine countries may be hit with tariffs up to 118%, but the lion's share in this case — from South Korea — was targeted for levies with much smaller duties of 10% to 16%.

In the short term, the tariffs, if finalized, are expected to curb steel imports and lift U.S. prices of certain steel goods, which could be felt by American businesses and consumers.

The tariffs also may help restore several hundred steel factory jobs idled because of pressures from imports and probably will embolden domestic steel makers to file more claims of unfair pricing against foreign shippers.

...But any relief to domestic steel manufacturers will be short-lived, analysts said.

U.S. moves to levy tariffs on steel from South Korea, 8 other nations - LA Times

Conservatives 'free trade' has hosed US

 

[ABikerSailor]

Bullshit......................if the TPP keeps going, we're going to lose a lot of jobs because the Asians in S. Korea and China are willing to work for lower wages.

I mean...................why does Apple and other corporations (which were started here in the U.S.) keep farming their jobs out to other countries?

Do you realize that most of the jobs in the United States that have something to do with tech (like the iPhone, the iPad and other things) are generally conceived here in the U.S., but are actually built in another country?

Oh yeah..................go ahead and Google what the steel industry is doing now.

Wanna have cheap steel that could fail and spew a whole bunch of oil?

Keystone is using the cheapest crap they can buy, and are telling us it's the greatest thing in the world.

Sorry................but if the Keystone pipeline fucks up my drinking water (which they will do if they cross the Ogallala aquifer), I'm gonna want to see the heads of each of their CEO's in a box.

But then again..................maybe I'm over reacting, because on the Blacklist tonight I saw someone who did a horrible wrong have their head in a box.

Hmmm.......................can I call for one? I've got a couple of good candidates in mind................................

 

[U2Edge]

The monthly unemployment rate for December 2014 was 5.6%. This is Obama's 72nd month of office. This drops the average unemployment rate for the time he has been in office from the average 8.45% in June 2014 at 66 months to the average 8.24% in December 2014 at 72 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: 8.24%

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: 8.24%

593/72 = 8.236111 = 8.24%

 

[LoneLaugher]

Wow! That's some impressive reasoning. Way to go!

 

[TooTall]

Wow! That's some impressive reasoning. Way to go!

That isn't reasoning, it is math. You should learn the difference.

 

[LoneLaugher]

Wow! That's some impressive reasoning. Way to go!

That isn't reasoning, it is math. You should learn the difference.

Yeah? Math without reason is meaningless. Think about it.

 

[Dad2three]

The monthly unemployment rate for December 2014 was 5.6%. This is Obama's 72nd month of office. This drops the average unemployment rate for the time he has been in office from the average 8.45% in June 2014 at 66 months to the average 8.24% in December 2014 at 72 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: 8.24%

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: 8.24%

593/72 = 8.236111 = 8.24%

He will be lower than Ronnie by the time he completes his 8 years, EVEN AFTER what the GOP dumped in his lap