Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

"In the first 8mo. of this year, more private sector jobs were created than in the entire GWB admin"

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-20-10 11:37 PM
Original message
"In the first 8mo. of this year, more private sector jobs were created than in the entire GWB admin"
- Nancy Pelosi, Speaker of the House of Representatives on the Charlie Rose Show on PBS.

Tell the world.
Printer Friendly | Permalink |  | Top
Egnever Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-20-10 11:41 PM
Response to Original message
1. Sweet quote
is it true?
Printer Friendly | Permalink |  | Top
 
NYC_SKP Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-20-10 11:47 PM
Response to Reply #1
2. Yes, I believe it's true:
Printer Friendly | Permalink |  | Top
 
Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-20-10 11:48 PM
Response to Reply #1
3. The quote is pretty accurate.
I replayed it three times.
Printer Friendly | Permalink |  | Top
 
jtuck004 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-20-10 11:58 PM
Response to Reply #1
7. Unfortunately, yes
Edited on Wed Oct-20-10 11:59 PM by jtuck004
It did beat Bush-lite's total. I say unfortunately, because if we started today with 300,000 new jobs every month (something no president has ever done, year in and year out) it would take us over 7 years to employ the ~15 million unemployed we have today; would not even touch the dis-spirited workers and those who want to work full-time but cannot find the work.

And since the fastest growing professions are home health care, services, entertainment, etc - positions which because of their pay rates are becoming the new reason for poverty moving into the suburbs and out of the urban areas, even great job creation might leave us in a ditch.

But anyway...


<snip>

2010 Total Jobs Gained or Lost
January 14,000
February 39,000
March 208,000
April 313,000
May 432,000
June -175,000
July -66,000
August -57,000
September -95,000

After modest gains in January and February, March was the month with the greatest job gains in 3 years (since March 2007), and April 2010 was the biggest monthly job gain in 4 years (since March 2006). Beyond this, the increase in jobs from March to April is counter to the jobs trends of the last 10 years, where according to the average, March has gained 61,000 jobs and April only 32,000. The huge gain of 432,000 jobs in May 2010 is the largest net gain of jobs since March 2000 when Bill Clinton was president.

A commonly cited article by conservative pundits to soften the blow on this data is a Wall Street Journal piece titled, Bush On Jobs: The Worst Track Record On Record, which inaccurately states that Bush created 3 million jobs. The actual figure is 1.08 million (all jobs added minus jobs lost), but the conservative leaning WSJ has yet to issue a retraction, correction, or clarification.
<snip>
More here...
Printer Friendly | Permalink |  | Top
 
gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 07:03 PM
Response to Reply #1
17. kinda sorta
Looking at the graph below, Pelosi is comparing the positive growth of just 8 months, and not including all the job loss months in Obama's total, but is counting the job loss months against Bush.

But unless you read it carefully, it sounds more jobs have been created during Obama's entire term to date than during Bush's 8 years, which just ain't so. Saying we had positive job growth during the first 8 months of this year would be honest.

Heard a right-winger on the radio saying how it took from 1776 (or so) up to 1990 for the US to create $4 Trillion in debt, and that Obama's created $4 Trillion in debt during the last two years! Of course, I'm sure the VAST majority of that first $4 trillion in debt was created from say, oh, January 1981 through 1990 -- Reagan and part 1 of Bush's term.

There are lies, damned lies, and then there are statistics.
Printer Friendly | Permalink |  | Top
 
spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-20-10 11:52 PM
Response to Original message
4. the media doesn't give a shit about the President's accomplishments
Printer Friendly | Permalink |  | Top
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-20-10 11:55 PM
Response to Reply #4
5. Oh yes they do. Why do you think there is not a peep.
Printer Friendly | Permalink |  | Top
 
Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-20-10 11:57 PM
Response to Reply #4
6. Yep, they love a horse race ... especially when the horses keep doing ad buys.
And I'm not even mentioning these newly-sprouted interest groups with big, big bucks from unknown sources.
Printer Friendly | Permalink |  | Top
 
nofurylike Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 12:16 AM
Response to Original message
8. K&R "Tell the world." yes! thank you for posting this, Bozita! nt
Printer Friendly | Permalink |  | Top
 
Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 02:59 PM
Response to Reply #8
14. You're welcome. ... Tell the world ... because the MSM sure as hell won't!
Printer Friendly | Permalink |  | Top
 
nofurylike Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 06:15 PM
Response to Reply #14
15. absolutely. mind-blowing dereliction by the MSM!!!!! will
do!!

keep on!!


peace
Printer Friendly | Permalink |  | Top
 
Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 01:35 AM
Response to Original message
9. as bush "job creation" = net job *loss*, not a real big accomplishment.
it's like comparing your sailing record with the titanic.
Printer Friendly | Permalink |  | Top
 
WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 03:42 AM
Response to Original message
10. And this is coming out with less than two weeks before the election....
Well, at least NOW that is what every democrat who has a microphone in front of their face should be saying...
Printer Friendly | Permalink |  | Top
 
Number23 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 04:39 AM
Response to Original message
11. Wow! Rec'd!
Printer Friendly | Permalink |  | Top
 
TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 05:19 AM
Response to Original message
12. recommend
Printer Friendly | Permalink |  | Top
 
Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 10:16 AM
Response to Original message
13. kick for the day shift
Printer Friendly | Permalink |  | Top
 
surrealAmerican Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-21-10 06:42 PM
Response to Original message
16. k & r
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue May 07th 2024, 03:43 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC