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berni_mccoy

(23,018 posts) Thu Oct 18, 2012, 04:11 PM Oct 2012

Friendly Reminder When Talking To Repubs: Unemployment Rate when Obama Took Office 8.3%

You can't assign the unemployment rate of 7.8% for Jan 2009 to Obama because Obama took office on, wait for it, Jan. 20th, 2009. Which means, he had no time to enact a policy that would impact the Jan. figure. He started with Feb. 2009's number, which was 8.3%. That means, Obama has net Job Creation *and* his administration reduced the unemployment rate by 0.5%.

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Friendly Reminder When Talking To Repubs: Unemployment Rate when Obama Took Office 8.3% (Original Post) berni_mccoy Oct 2012 OP

The beginning figure... dems_rightnow Oct 2012 #1

Another Friendly Reminder Z_California Oct 2012 #2

Wait... confoosed Oct 2012 #3

And continued.... dems_rightnow Oct 2012 #4

So that would be, what, 9.8%? confoosed Oct 2012 #5

10% in Oct 2009 BainsBane Oct 2012 #8

that happens when you lose 800,000 jobs a month dsc Oct 2012 #6

And one year after the economic collapse it peaked at 10.2% - I blame Bush 100% for that. reformist2 Oct 2012 #7

dems_rightnow

(1,956 posts)

1. The beginning figure...

Reply to berni_mccoy (Original post)

Thu Oct 18, 2012, 04:14 PM

Oct 2012

is SUPPOSED to be before someone affected it.

Nevertheless, employment was in a huge downward spiral, which was been reversed.

Z_California

(650 posts)

2. Another Friendly Reminder

Reply to berni_mccoy (Original post)

Thu Oct 18, 2012, 04:21 PM

Oct 2012

Deficit in Bush's last year was $1.4 trillion mostly due to plummeting tax revenues caused by the global financial collapse that many "undecided" voters seem to not have any knowledge of.