Longest stretch of high unemployment since Great Depression

I think, if you have been paying attention to this thread, you will know that while I acknowledge Bush overspent the federal budget during his administration I believe Obama has not only done nothing to improve the employment situation, he has done a number of things that have made it worse which would include $5trillion plus in deficit spending, repeated extensions of unemployment compensation and creating an iceberg shaped national health care plan that will titanic any future job creation.....

That's your opinion. Doesn't change the fact that it isn't a thread "about Obama."

I'd also argue your opinion, as job growth is currently outpacing job loss by a fairly wide margin.
 
I'd rather get back to talking about how Obama has fucked up the economy over the last three years........doesn't anyone want to defend him any more?.....
 
do you find it odd then that unemployment is only going down a tenth of a percent?......or is that what you meant by "wide margin"......

No. By a "wide margin," I mean that the economy used to be losing 400-500,000 jobs per month, and is now gaining roughly 200,000 jobs per month on average.

That's what I mean. Keep giving it the good ol' college try though, dopey.
 
No. By a "wide margin," I mean that the economy used to be losing 400-500,000 jobs per month, and is now gaining roughly 200,000 jobs per month on average.

I can remember times when the economy was adding 4-500k jobs a month as well....

the fact remains, unemployment was under 8% when Obama took office.....he'll be lucky if it's below 8% when he leaves.......
 
No. By a "wide margin," I mean that the economy used to be losing 400-500,000 jobs per month, and is now gaining roughly 200,000 jobs per month on average.

That's what I mean. Keep giving it the good ol' college try though, dopey.

Your 200k gain per month on average is a tad high, the avg the last 12 months is about 150k.

http://www.bls.gov/news.release/empsit.nr0.htm

side note: avg for last six months is 142k.

edit the edit of the edit: those numbers are wrong... that site didn't include the latest. Your fault.
 
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