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Originally posted by litterbaux
I love when people say Presidents make jobs. I love it because then I know they are complete idiots. I don't have to waste my time talking to them anymore.
If you are looking for a job, don't look at the president, look at yourself.
Originally posted by SpookyFoxMulder
Presidents don't create jobs, but they have great influence over how jobs are created.
For example, employment is at a low right now at least partly due to Obamacare. Obamacare will make it more expensive for most companies to hire new employees, but we're not sure by now much exactly; so businesses are slowing hiring because of the risk. If the hit turns out to be especially bad then we can expect slow job growth for quite a long time.
Originally posted by litterbaux
I love when people say Presidents make jobs. I love it because then I know they are complete idiots.
Originally posted by HangTheTraitors
Originally posted by litterbaux
I love when people say Presidents make jobs. I love it because then I know they are complete idiots.
Speaking of the characteristic "complete idiots"... enter this thread as well as the threads and posts of the other Republican (paid?) cheerleaders here! Every time they post something, they really earn that title!!
Probably earning lots of dirty money too from super wealthy folks funding the Right like, um, folks like the Koch brothers from what I keep hearing...edit on 8-9-2012 by HangTheTraitors because: (no reason given)
STOCK SHOCK FELT ROUND THE WORLD. Gets ‘nasty’ as Lehman tanks, Merrill vanishes, AIG wobbles
[New York Daily News, September 16, 2008]
Depression Coming? Boil Some Beans; Ladies Who Quilt Give Tips On Surviving Tough Times
[Albuquerque Journal, September 21, 2008]
One day on the brink On Wednesday, it seemed U.S. economy might collapse
[St. Louis Post-Dispatch, September 21, 2008]
‘Great Depression’ closer than U.S. admits, report finds
[Pittsburgh Tribune-Review, September 27, 2008]
Will Bush become the new Hoover?
[Politico, September 19, 2008]
Developers bend under housing meltdown
[Colorado Springs Gazette, September 27, 2008]
Depression seen possible
[Florida News-Press, September 27, 2008]
Wall Street Meltdown Continues
[CNN, September 17, 2008]
Is It Really the Next ‘Great Depression’?
[NPR, September 19, 2008]
Behind Closed Doors, Warnings of Calamity
[The New York Times, September 20, 2008]
Originally posted by Blackmarketeer
reply to post by RELDDIR
Of course what you ignored were the "low points" for Reagan and Bush43 came more than two years into their administrations, and the fact that Bush43 inherited a roaring economy/budget surplus. Obama came into office just as the economy was hitting rock bottom - 4.4 million jobs lost because of the Great Recession of 2008-09. As Clinton said of Obama, he first had to 'put a floor under the crash', before he could begin recovery.
Just look at the state the US economy was in, circa 2008:
STOCK SHOCK FELT ROUND THE WORLD. Gets ‘nasty’ as Lehman tanks, Merrill vanishes, AIG wobbles
[New York Daily News, September 16, 2008]
Depression Coming? Boil Some Beans; Ladies Who Quilt Give Tips On Surviving Tough Times
[Albuquerque Journal, September 21, 2008]
One day on the brink On Wednesday, it seemed U.S. economy might collapse
[St. Louis Post-Dispatch, September 21, 2008]
‘Great Depression’ closer than U.S. admits, report finds
[Pittsburgh Tribune-Review, September 27, 2008]
Will Bush become the new Hoover?
[Politico, September 19, 2008]
Developers bend under housing meltdown
[Colorado Springs Gazette, September 27, 2008]
Depression seen possible
[Florida News-Press, September 27, 2008]
Wall Street Meltdown Continues
[CNN, September 17, 2008]
Is It Really the Next ‘Great Depression’?
[NPR, September 19, 2008]
Behind Closed Doors, Warnings of Calamity
[The New York Times, September 20, 2008]
The recession/depression didn't just magically vanish because some new guy came into office. It hit him head on, and he had to deal with it. WHILE dealing with the most obstructionist, defeatist Congress EVER.
It were short-sighted GOP policies that crashed the economy and cost the United States millions of jobs as they continue to cater to the 'trickle-down' notion of rewarding the rich and facilitating wealth extraction and offshoring, at the expense of the middle class. That puts Obama's job's recovery in a different light.
One fact can't be denied - over the past 51 years, the Republicans have held the Oval Office 28 years to the Democrats 23 years. And in the course of those years, Democrats have produced 44 million jobs to Republicans 24 million. Roughly twice the number of jobs in fewer years.
Originally posted by RELDDIR
That's one of the major obstacles in a pro-business, job creating environment. Kudos!
Originally posted by SpookyFoxMulder
Presidents don't create jobs, but they have great influence over how jobs are created.
For example, employment is at a low right now at least partly due to Obamacare. Obamacare will make it more expensive for most companies to hire new employees, but we're not sure by now much exactly; so businesses are slowing hiring because of the risk. If the hit turns out to be especially bad then we can expect slow job growth for quite a long time.