If you need extra income, do you cut expenses, or raise income?

  • Thread starter Thread starter Guns Guns Guns
  • Start date Start date
_45271768_us_unemployment_466gr.gif


\\\liarpwned///
 
Employment under Bush grew by 4.5 percent using CES and 7 percent using CPS, whereas employment grew by double digits under presidents Bill Clinton and Ronald Reagan, and also under the combined eight-year administrations of Richard Nixon and Gerald Ford, who finished Nixon's term after he resigned, and John F. Kennedy and Lyndon B. Johnson.

Only under Eisenhower was job growth more sluggish than it was under George W. Bush, and even then, it was only the case using one of the two BLS statistics.


http://www.politifact.com/truth-o-m...oehner-says-bush-tax-cuts-created-8-million-/
 
The seasonally adjusted unemployment rate rose from 4.2% in January 2001, peaking at 6.3% in June 2003 and reaching a trough of 4.4% in March 2007.


After an economic slowdown, the rate rose again to 6.1% in August 2008 and up to 7.2% in December 2008.


From December 2007 when the recession started to December 2008, an additional 3.6 million people became unemployed.


And, as of January 1, 2009, his last month in office, the nation lost 655,000 jobs, raising the unemployment rate to 7.8 percent, the highest level in more than 15 years.



http://en.wikipedia.org/wiki/Economic_policy_of_the_George_W._Bush_administration#Unemployment
 
January 2001: 4.2% unemployment


January 2009: 7.8% unemployment
 
You must log in or register to reply here.
Back
Top