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

[kaz]

I said Reagan didn't inherit a recession because he didn't. You moronically thought that meant I said he inherited a good economy.

I said Volker's policies caused the recession. You moronically that I meant Reagan caused the recession.

You moronically thought that because you are a moron. There truly is no other explanation.

Volker caused the recession that Reagan got that he didn't get. Thanks for clarifying, I understand now...

My posts have been nothing but clear all along. If you struggle to keep up with them, that's due to your own G-d given limitations.

Clear threads addressing the wrong issue. Your point has been to deflect from the Democrat. So you blame Volker and Reagan simultaneously hoping enough sticks to get Carter off the hook

 

[The Rabbi]

I said Reagan didn't inherit a recession because he didn't. You moronically thought that meant I said he inherited a good economy.

I said Volker's policies caused the recession. You moronically that I meant Reagan caused the recession.

You moronically thought that because you are a moron. There truly is no other explanation.

Volker caused the recession that Reagan got that he didn't get. Thanks for clarifying, I understand now...

My posts have been nothing but clear all along. If you struggle to keep up with them, that's due to your own G-d given limitations.

So you are agreeing that reagan's handling of the economy makes Obama's handling of the economy look like rape?

 

[Faun]

I said Reagan didn't inherit a recession because he didn't. You moronically thought that meant I said he inherited a good economy.

I said Volker's policies caused the recession. You moronically that I meant Reagan caused the recession.

You moronically thought that because you are a moron. There truly is no other explanation.

Volker caused the recession that Reagan got that he didn't get. Thanks for clarifying, I understand now...

My posts have been nothing but clear all along. If you struggle to keep up with them, that's due to your own G-d given limitations.

Clear threads addressing the wrong issue. Your point has been to deflect from the Democrat. So you blame Volker and Reagan simultaneously hoping enough sticks to get Carter off the hook

Your dementia worsens.

When are you gonna own up to your bullshit and admit you were just wrong when you idiotically claimed I blamed Reagan for the recession after I blamed Volker?

 

[Faun]

Hey, folks ... wanna see something funny?

Here is the forum jester reading my posts ...

I said Reagan didn't inherit a recession because he didn't. You moronically thought that meant I said he inherited a good economy.

I said Volker's policies caused the recession. You moronically that I meant Reagan caused the recession.

You moronically thought that because you are a moron. There truly is no other explanation.

Volker caused the recession that Reagan got that he didn't get. Thanks for clarifying, I understand now...

My posts have been nothing but clear all along. If you struggle to keep up with them, that's due to your own G-d given limitations.

So you are agreeing that reagan's handling of the economy makes Obama's handling of the economy look like rape?

... after the forum jester said he has me on ignore ...

I have people like that on Ignore for a reason.

... he's too stupid to know that it's obvious he's lying when he posts to people he claims to have on ignore; and even dumber to think anyone is fooled when he pretends to have taken posters off of ignore to read their posts.

 

[U2Edge]

The monthly unemployment rate for April 2014 was 5.4%. This is Obama's 76th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.24% in December 2014 at 72 months to the average 8.09% in April 2015 at 76 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: 8.09%

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: 8.09%

615.1/76 = 8.093421 = 8.09%

There are 20 months left in Obama's Presidency.

The monthly unemployment rate for June 2014 was 5.3%. This is Obama's 78th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.09% in April 2014 at 76 months to the average 8.02% in June 2015 at 78 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: 8.02%

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: 8.02%

625.9/78 = 8.0243 = 8.02%

There are 18 months left in Obama's Presidency.

 

[Oldstyle]

The monthly unemployment rate for April 2014 was 5.4%. This is Obama's 76th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.24% in December 2014 at 72 months to the average 8.09% in April 2015 at 76 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: 8.09%

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: 8.09%

615.1/76 = 8.093421 = 8.09%

There are 20 months left in Obama's Presidency.

The monthly unemployment rate for June 2014 was 5.3%. This is Obama's 78th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.09% in April 2014 at 76 months to the average 8.02% in June 2015 at 78 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: 8.02%

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: 8.02%

625.9/78 = 8.0243 = 8.02%

There are 18 months left in Obama's Presidency.

The question you might want to ask yourself is how bad would Barack Obama's unemployment numbers be if it weren't for all those jobs created in the fossil fuels industry with fracking? That part of the boost to the economy came DESPITE a White House that was openly hostile to fossil fuels.

 

[LA RAM FAN]

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

Obama is not it seems....

they were,oh really? is that why they have got away for crimes for decades now that we go to jail for,thats sure being held accountable.

 

[rightwinger]

5.3 % and dropping

Isn't this the point conservatives start whining about U6 and labor participation rate ?

 

[RoshawnMarkwees]

5.3 % and dropping

Isn't this the point conservatives start whining about U6 and labor

I don't see how that number is possible with a contracted economy. Unless you don't factor in the substantial number left out of the work force.

 

[rightwinger]

Obamas unemployment rate is lower than Reagans was at this point

Are conservatives ready to declare Obama their messiah ?

 

[Where_r_my_Keys]

The monthly unemployment rate for April 2014 was 5.4%. This is Obama's 76th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.24% in December 2014 at 72 months to the average 8.09% in April 2015 at 76 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: 8.09%

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: 8.09%

615.1/76 = 8.093421 = 8.09%

There are 20 months left in Obama's Presidency.

The monthly unemployment rate for June 2014 was 5.3%. This is Obama's 78th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.09% in April 2014 at 76 months to the average 8.02% in June 2015 at 78 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: 8.02%

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: 8.02%

625.9/78 = 8.0243 = 8.02%

There are 18 months left in Obama's Presidency.

Actual unemployment is now a well sustained +40%

 

[Where_r_my_Keys]

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

Obama is not it seems....

they were,oh really? is that why they have got away for crimes for decades now that we go to jail for,thats sure being held accountable.

ROFLMNAO!

 

[rightwinger]

The monthly unemployment rate for April 2014 was 5.4%. This is Obama's 76th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.24% in December 2014 at 72 months to the average 8.09% in April 2015 at 76 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: 8.09%

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: 8.09%

615.1/76 = 8.093421 = 8.09%

There are 20 months left in Obama's Presidency.

The monthly unemployment rate for June 2014 was 5.3%. This is Obama's 78th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.09% in April 2014 at 76 months to the average 8.02% in June 2015 at 78 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: 8.02%

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: 8.02%

625.9/78 = 8.0243 = 8.02%

There are 18 months left in Obama's Presidency.

Actual unemployment is now a well sustained +40%

40%. ?

Don't you mean 90%. ?

 

[Where_r_my_Keys]

5.3 % and dropping

Isn't this the point conservatives start whining about U6 and labor participation rate ?

ROFLMNAO!!!

 

[rightwinger]

5.3 % and dropping

Isn't this the point conservatives start whining about U6 and labor participation rate ?

ROFLMNAO!!!

5.3% and dropping

Unemployment rate has dropped 5% under Obama.

 

[Clementine]

Who cares? Presidents don't decide who works or who doesn't.

I'm just curious. Why would you average in the first month or 3 months or 6 months of a president's term implying that he had anything to do with that unemployment rate?

so now its changed, the exec. has zip to do with employment...got it.


you get the silver.....

Yet, they praise Obama if one person finds a job.

 

[healthmyths]

The monthly unemployment rate for April 2014 was 5.4%. This is Obama's 76th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.24% in December 2014 at 72 months to the average 8.09% in April 2015 at 76 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: 8.09%

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: 8.09%

615.1/76 = 8.093421 = 8.09%

There are 20 months left in Obama's Presidency.

The monthly unemployment rate for June 2014 was 5.3%. This is Obama's 78th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.09% in April 2014 at 76 months to the average 8.02% in June 2015 at 78 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: 8.02%

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: 8.02%

625.9/78 = 8.0243 = 8.02%

There are 18 months left in Obama's Presidency.

And consider this:
NOT ONE major event like the following that occurred during George W Bush and Bush still had the 6th lowest had occurred in the above list.
How about these events...was there ANY AFFECT on the economy?
Recession
1) Are you aware that a recession started under Clinton and became official 3/01 ended 11/01?
Because you don't seem to comprehend... RECESSIONS are like football length tankers... it takes miles to turn one...i.e. so does
a "RECESSION"... it doesn't just start the day NBER states... it is a slow degradation and it started under CLINTON!!!

Source: USATODAY.com - It s official 2001 recession only lasted eight months

A Major $5 trillion market loss
2) Are you aware that the dot.com bust occurred and cost $5 trillion in losses?
Again Clinton laid claim BUT someone had to pay and it occurred during Bush's first year! $5 trillion in market losses MEAN lost tax revenue
PLUS JOBS!!!!
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 - and hundreds of thousands of skilled technology workers were out of jobs.
Source: The dot-com bubble How to lose 5 trillion Anderson Cooper 360 - CNN.com Blogs

The worst attacks on the USA in History.. 3,000 deaths!!!
3)Obviously most of you are UNAWARE 9/11 cost 3,000 lives, $2 trillion in lost businesses,market values assets. Jobs lost in New York owing to the attacks: 146,100 JUST in New York.
Are you aware this happened???
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone. Airlines didn't fly for 3 days!
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
Source: The Top 10 Financial Events of the Decade
Anthrax Attacks...
The 2001 anthrax attacks in the United States, also known as Amerithrax from its Federal Bureau of Investigation (FBI) case name, occurred over the course of several weeks beginning on Tuesday, September 18, 2001, one week after the September 11 attacks. Letters containing anthrax spores were mailed to several news media offices and two DemocraticU.S. Senators, killing five people and infecting 17 others.

4) $1 trillion in losses due to the WORST Hurricane SEASONS in history.
The worst, Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Rank Disaster Year Deaths Damage* $250 Billion in damages in the 8 disasters of the top 15 disasters in history!
1. Hurricane Katrina (LA/MS/AL/FL) 2005 1833 $133,800,000,000
6. Hurricane Ike (TX/LA/MS) 2008 112 $27,000,000,000
7. Hurricane Wilma (FL) 2005 35 $17,100,000,000
8. Hurricane Rita (TX/LA) 2005 119 $17,100,000,000
9. Hurricane Charley (FL) 2004 35 $16,500,000,000
12. Midwest Floods 2008 24 $15,000,000,000
13. Hurricane Ivan (FL/AL) 2004 57 $13,000,000,000
14. 30-State Drought 2002 0 $11,400,000,000
Costliest U.S. Weather Disasters Weather Underground

THESE events OCCURRED!
YET in SPITE of :
a) 400,000 jobs lost due to Hurricanes Katrina/Rita ,
b) 2,800,000 jobs lost in alone due to 9/11,
c) 300,000 jobs lost due to dot.com busts...
In spite of nearly $8 trillion in lost businesses, market values, destroyed property.. IN SPITE of that:

AFTER the tax cuts Federal Tax REVENUES Increased an average of 9.78% per year!!!
Government Revenue Details Federal State Local for 2008 - Charts

2000 $236.2 billion surplus
2001 $128.2 billion surplus
2002 $157.8 billion deficit.. also 9/11 occurred and tax revenues lowered for years later
2003 $377.6 billion deficit.. BRAND new cabinet Homeland Security, plus loans made to businesses.. again tax revenues down..affect of 9/11
2004 $412.7 billion deficit.. Revenues up by 5.5% spending increased and economy getting back.
2005 $318.3 billion deficit.. revenues up by 14.5% deficit decreasing at rate of 22%
2006 $248.2 billion deficit.. revenues up by 11.7% deficit decrease 22%
2007 $160.7 billion deficit.. revenues up by 6.7% deficit decrease 35%
2008 $458.6 billion deficit.. revenues down and deficit INCREASED TARP loan mostly...
Historical Federal Receipt and Outlay Summary

Largest Gross Domestic Product in history!!
When Bush took office in 2001 GDP was $12.355,271,000,000
when Bush left office in 2008 GDP was $14,359,490,000,000
A 16% increase in GDP or $2 TRILLION.
So how did those 4 gigantic events affect the Gross Domestic Product from 2000 to 2009?

So starting in 2001 132,548,000 people were working.
At the end of 2008 138,056,000 people working..

IN spite of recession, dot.com bust, 9/11, worst hurricanes.... MORE people were working... more tax revenue was collected. GDP grew!

 

[NYcarbineer]

The monthly unemployment rate for April 2014 was 5.4%. This is Obama's 76th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.24% in December 2014 at 72 months to the average 8.09% in April 2015 at 76 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: 8.09%

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: 8.09%

615.1/76 = 8.093421 = 8.09%

There are 20 months left in Obama's Presidency.

The monthly unemployment rate for June 2014 was 5.3%. This is Obama's 78th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.09% in April 2014 at 76 months to the average 8.02% in June 2015 at 78 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: 8.02%

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: 8.02%

625.9/78 = 8.0243 = 8.02%

There are 18 months left in Obama's Presidency.

Actual unemployment is now a well sustained +40%

"Actual unemployment" That's the number RWnuts use until a Republican is elected president.

 

[NYcarbineer]

The monthly unemployment rate for April 2014 was 5.4%. This is Obama's 76th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.24% in December 2014 at 72 months to the average 8.09% in April 2015 at 76 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: 8.09%

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: 8.09%

615.1/76 = 8.093421 = 8.09%

There are 20 months left in Obama's Presidency.

The monthly unemployment rate for June 2014 was 5.3%. This is Obama's 78th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.09% in April 2014 at 76 months to the average 8.02% in June 2015 at 78 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: 8.02%

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: 8.02%

625.9/78 = 8.0243 = 8.02%

There are 18 months left in Obama's Presidency.

And consider this:
NOT ONE major event like the following that occurred during George W Bush and Bush still had the 6th lowest had occurred in the above list.
How about these events...was there ANY AFFECT on the economy?
Recession
1) Are you aware that a recession started under Clinton and became official 3/01 ended 11/01?
Because you don't seem to comprehend... RECESSIONS are like football length tankers... it takes miles to turn one...i.e. so does
a "RECESSION"... it doesn't just start the day NBER states... it is a slow degradation and it started under CLINTON!!!

Source: USATODAY.com - It s official 2001 recession only lasted eight months

A Major $5 trillion market loss
2) Are you aware that the dot.com bust occurred and cost $5 trillion in losses?
Again Clinton laid claim BUT someone had to pay and it occurred during Bush's first year! $5 trillion in market losses MEAN lost tax revenue
PLUS JOBS!!!!
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 - and hundreds of thousands of skilled technology workers were out of jobs.
Source: The dot-com bubble How to lose 5 trillion Anderson Cooper 360 - CNN.com Blogs

The worst attacks on the USA in History.. 3,000 deaths!!!
3)Obviously most of you are UNAWARE 9/11 cost 3,000 lives, $2 trillion in lost businesses,market values assets. Jobs lost in New York owing to the attacks: 146,100 JUST in New York.
Are you aware this happened???
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone. Airlines didn't fly for 3 days!
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
Source: The Top 10 Financial Events of the Decade
Anthrax Attacks...
The 2001 anthrax attacks in the United States, also known as Amerithrax from its Federal Bureau of Investigation (FBI) case name, occurred over the course of several weeks beginning on Tuesday, September 18, 2001, one week after the September 11 attacks. Letters containing anthrax spores were mailed to several news media offices and two DemocraticU.S. Senators, killing five people and infecting 17 others.

4) $1 trillion in losses due to the WORST Hurricane SEASONS in history.
The worst, Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Rank Disaster Year Deaths Damage* $250 Billion in damages in the 8 disasters of the top 15 disasters in history!
1. Hurricane Katrina (LA/MS/AL/FL) 2005 1833 $133,800,000,000
6. Hurricane Ike (TX/LA/MS) 2008 112 $27,000,000,000
7. Hurricane Wilma (FL) 2005 35 $17,100,000,000
8. Hurricane Rita (TX/LA) 2005 119 $17,100,000,000
9. Hurricane Charley (FL) 2004 35 $16,500,000,000
12. Midwest Floods 2008 24 $15,000,000,000
13. Hurricane Ivan (FL/AL) 2004 57 $13,000,000,000
14. 30-State Drought 2002 0 $11,400,000,000
Costliest U.S. Weather Disasters Weather Underground

THESE events OCCURRED!
YET in SPITE of :
a) 400,000 jobs lost due to Hurricanes Katrina/Rita ,
b) 2,800,000 jobs lost in alone due to 9/11,
c) 300,000 jobs lost due to dot.com busts...
In spite of nearly $8 trillion in lost businesses, market values, destroyed property.. IN SPITE of that:

AFTER the tax cuts Federal Tax REVENUES Increased an average of 9.78% per year!!!
Government Revenue Details Federal State Local for 2008 - Charts

2000 $236.2 billion surplus
2001 $128.2 billion surplus
2002 $157.8 billion deficit.. also 9/11 occurred and tax revenues lowered for years later
2003 $377.6 billion deficit.. BRAND new cabinet Homeland Security, plus loans made to businesses.. again tax revenues down..affect of 9/11
2004 $412.7 billion deficit.. Revenues up by 5.5% spending increased and economy getting back.
2005 $318.3 billion deficit.. revenues up by 14.5% deficit decreasing at rate of 22%
2006 $248.2 billion deficit.. revenues up by 11.7% deficit decrease 22%
2007 $160.7 billion deficit.. revenues up by 6.7% deficit decrease 35%
2008 $458.6 billion deficit.. revenues down and deficit INCREASED TARP loan mostly...
Historical Federal Receipt and Outlay Summary

Largest Gross Domestic Product in history!!
When Bush took office in 2001 GDP was $12.355,271,000,000
when Bush left office in 2008 GDP was $14,359,490,000,000
A 16% increase in GDP or $2 TRILLION.
So how did those 4 gigantic events affect the Gross Domestic Product from 2000 to 2009?

So starting in 2001 132,548,000 people were working.
At the end of 2008 138,056,000 people working..

IN spite of recession, dot.com bust, 9/11, worst hurricanes.... MORE people were working... more tax revenue was collected. GDP grew!

I don't anyone who wants to return to 2008, do you?

 

[NYcarbineer]

The monthly unemployment rate for April 2014 was 5.4%. This is Obama's 76th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.24% in December 2014 at 72 months to the average 8.09% in April 2015 at 76 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: 8.09%

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: 8.09%

615.1/76 = 8.093421 = 8.09%

There are 20 months left in Obama's Presidency.

The monthly unemployment rate for June 2014 was 5.3%. This is Obama's 78th month of office. This drops the average unemployment rate for the time he has been in office from the average 8.09% in April 2014 at 76 months to the average 8.02% in June 2015 at 78 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: 8.02%

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: 8.02%

625.9/78 = 8.0243 = 8.02%

There are 18 months left in Obama's Presidency.

Actual unemployment is now a well sustained +40%

Actual unemployment was 45% when he took office.