Job Losses Under Bush and Obama - The Picture Speaks for Itself

[jefferson_dem]

http://www.talkingpointsmemo.com/documents/2010/02/house-speaker-nancy-pelosi-compares-job-losses-under-presidents-obama-and-bush.php?page=1

[DCBob]

1. Precisely..

Love those trends!!

[usregimechange]

2. kick

[Cali_Democrat]

3. Look what happens as soon as Obama comes into office!

He stops the bleeding and reverses the trend.

Rec'd :thumbsup:

[Tejas]

5. "stops the bleeding" = 10.7% unemployment?

He should've fired half the idiots on his staff six months ago, and should never even have answered Geitner's calls much less let him in the door.

[high density]

7. -750k jobs per month to -20k jobs per month is stopping the bleeding pretty well

Have we healed? No, but we're headed in the right direction.

[Name removed]

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[Cali_Democrat]

12. Nothing is peachy

The economy is still very weak thanks to the rethugs. However, the number of jobs lost per month has slowed down dramatically since Obama has been Prez.

[Tejas]

14. "thanks to the rethugs" - We've had the House of Representatives since '06.

By the way, 8.5 million are collecting unemployment...where is the money for those checks supposed to come from?


And please don't give me the Detroit answer "from Obama's stash".



Face it, Pelosi's cartoon is useless, in context or not.

[timeforpeace]

15. Apparently a little known fact! Or one that's carefully avoided?

[Cali_Democrat]

18. Most of the 8.5 million people are collecting unemployment because of Bush's policies

Thank god Obama is in office now and the trend of dramatic decline for our economy is reversing.

[high density]

21. Where do the checks come from? Unemployment insurance

It's paid by employers to the states and the feds. And yes, the Fed has been jumping in when there is a period of high unemployment, such as now. Would you rather we cut that?

It seems nothing could convince you to be anything but a complete pessimist. We've gone from -750k/mo to almost flat. Nobody's saying it fixes the unemployment gap but we have to pass this point before the problem begins getting fixed. You apparently expect us to go -750k/mo to +750k/mo instantly and that's certainly much more useless than anything else in this thread.

[high density]

20. People are always getting fired no matter what the economy is doing

I don't know what that or the daily fluctuations of the DJIA have to do with unemployment.

[BootinUp]

13. stop trying to find litle silver clouds

this site is only for bitching moaning and depressing posts in general.

[jefferson_dem]

16. My five year old niece could look at this graph and see the trend.

Apparently, some of our DU friends are so blinded, they can't even interpret a basic illustration.

[DCBob]

19. They are either clueless or just pretending..

Not sure which... maybe both.

[HughMoran]

22. Amazing

I decided after those few posts that the poster wasn't worth my time - ever again. Iggy pile.

[Nuclear Unicorn]

4. Somewhat misleading without context

That graph shows how many additional jobs were lost/gained in the given month not the total of job gone from a means average.

The total number of unemployed only recently dropped back to 9.7% but it has been steadily rising for over 2 years.

The bleeding analogy is apt. The saying goes, "All bleeding eventually stops on its own"...as in: bleeding slows until you eventually run out of blood.

To be certain Bush and the Banksters are to blame for cutting our economic jugular though.

@#$%ing vampires.

[DrToast]

8. Why is it misleading?

That graph shows how many additional jobs were lost/gained in the given month

Yes, exactly.

not the total of job gone from a means average.

Huh?

[jefferson_dem]

17. Seriously.

I mean jobs lost are jobs lost. It's not complicated...and it's sure as fuck not misleading.

[Name removed]

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[Name removed]

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[BootinUp]

9. So if you combine them it looks like a normal bell curve. nt