New Jobs Numbers Crush GOP Lie: Bush Doubled Unemployment While Obama Cut It In Half

ObamaSmile

It’s another bad week to be a Republican, what with Speaker-in-Hoping Kevin McCarthy unable to handle even a Fox interview without spilling the beans on his own party’s abuse of taxpayer money for partisan political purposes and now here come the job numbers. President Obama is continuing setting records for private sector job growth, and there are a few numbers that belie Republican claims. Or, as Republicans whine, “Thanks, Obama.”

Jason Fuhrman Chairman of the Council of Economic Advisers, said in a statement, “Our businesses have added 13.2 million jobs over 67 months of growth—extending the longest streak on record.”

Oh, dear. “The economy added 142,000 jobs in September, extending the longest streak of private-sector job growth on record.”

All is not peachy, as you probably already know. “The economy added jobs in September at a pace below that seen earlier in the year, as slowing growth abroad and global financial turmoil have weighed on economic activity.”

But before Republicans start celebrating the downfall of the country, “Overall, however, the unemployment rate remains at its lowest level since early 2008 and the private sector has added 13.2 million jobs over 67 straight months of job growth—the longest streak on record.”

And a warning shot for Republicans, “Given the increased uncertainty around the world, it is imperative that the United States not further exacerbate that uncertainty with unnecessary brinksmanship and austerity. Instead, we must take steps to continue the domestic momentum that the U.S. economy has enjoyed in the last several years. That includes passing a budget that reverses the sequester and makes critical investments that help our economy continue to grow, reauthorizing the Ex-Im Bank so that our businesses can compete on a level-playing field abroad, and increasing investments in infrastructure.”

Good luck with that, sane people. Republicans are blowing off Wall Street’s terror over their inability to govern, they certainly aren’t going go care about the people or the economy. They have nutters to appease, after all, and a shutdown over what they know to be fake Planned Parenthood videos. Very serious people, the Republicans.

Another sour note for Republicans is that, as Fuhrman noted on Twitter, “Full-time jobs more than fully account for all job gains since early ’10, with part-time jobs holding steady”. Read it and weep, Republicans. So much for the claims that Obamacare was ruining the world and everyone would be working part-time.

From Fuhrman’s key points on the job numbers:

The rise in employment since early 2010 is more than fully accounted for by the increase in full-time employment, with part-time employment holding steady. The economy has added 11 million full-time jobs since February 2010, according to a separate survey of households that measures full-time and part-time status. Part-time employment has fallen slightly over this period. While 75 percent of part-time workers do so for family, health, and other reasons, the fraction of the labor force working part-time for economic reasons declined in September. This shift drove the reduction in the underemployment rate to its lowest level since May 2008.

In fact, Dan Diamond, the Executive Editor of the Daily Briefing, noted, “Obamacare was signed into law in March 2010. The private sector hasn’t lost jobs since”:

Diamond made the point in an article at Forbes that Republicans claimed Obamacare would be a job killer and it is clearly not.

Wait, it’s not over yet. Republican presidential candidates keep trying to sell the fake reality that jobs have suffered under President Obama and only they know how to fix things, with a little more trickle down. They know how to jump-start the economy for jobs! It’s by giving tax breaks to the top 2! But so much nope.

Diamond also shared this, “Bush inherited 4% unemployment, and doubled it. Obama faced 10% unemployment in his first year—and cut it in half.”

So trickle down Bush doubled unemployment and the socialist Obama cut unemployment in half and set records for private sector job growth.

Got it.

THANKS, OBAMA!

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27 Replies to “New Jobs Numbers Crush GOP Lie: Bush Doubled Unemployment While Obama Cut It In Half”

  1. To those who say the unemployment #’s are bogus

    There are 93.8 million Americans who are not in the work force, but only 6.1 million of them want a job, according to the Bureau of Labor Statistics. The vast majority are students, stay-at-home parents, retired seniors and others who do not want to work. In fact, 37.3 million of the 93.8 million, or 40 percent, are 65 years old or older.

    President Obama is the first to experience the baby boomers retiring.

    Baby Boomers Retire. Roughly 10,000 Baby Boomers will turn 65 today, and about 10,000 more will cross that threshold every day for the next 19 years.Dec 29, 2010.
    http://www.pewresearch.org/daily-number/baby-boomers-retire/

  2. Alternate universe. The unemployment rate is under 6%, yet the Republicans insist that unemployment is bad. Never mind that the House refuses go put forth a jobs bill to address unemployment.

    They can’t have it both ways. It’s disingenuous to say unemployment is bad, yet not produce a jobs bill.

  3. Unfortunately none of this will mean anything to the wing nuts. They hate Obama and no amount of pointing out the facts to them is going to make any difference.Hard to wrap your head around this but that is the way it is.Republicans have revealed themselves to be a particularly vile group.These idiots don’t read and if they do they don’t comprehend.Truly a sad state of affairs.

  4. Since World War II, Republicans have presided over nine recessions; before that they had two recessions and one Great Depression in the 1920s. In the same period, Democrats have had two recessions.
    Of those, the one under Jimmy Carter was the shortest and mildest of them all and caused more by the oil embargo following the Iranian revolution. Harry Truman’s came when government spending was slashed about 60% following the war, about 10 million Americans lost their jobs by being discharged from the military and civilian support jobs, and much of the economy shut down to convert from wartime production to peacetime production. In spite of those conditions, Truman and Carter produced more new jobs than all of the GOP presidents except Ronald Reagan. And Reagan got his results from increasing spending by 69% and the debt by 188%. W Bush had the worst recession since the great depression.
    https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States

  5. Really?

    It does not seem so. And Obama, or Bush, for what matters, are as responsible as voters are for allowing big money into politics.
    Let’s make sure that Corporations are only a legal person and not a person who can speak through their money.
    Let’s make sure that Corporations are liable for the economic damages they cause.
    Let’s remove corporate welfare –82% of the total welfare is consumed by private corporations.

    AND, corporations, not yet satisfied with all they receive in the US, complain they pay too much taxes, so, with a cheap excuse, layoff people and move production abroad.
    And in so doing they add injure to shame.

  6. There’s the proof. It’s not the availability of jobs that is holding back the economy. It’s wages. Unless consumers, workers, have money the economy won’t change for any but the owners.
    Consumers are the job creators. The middle class has always been the backbone and the engine that drives the economy.

  7. The Republican morons never met a fact they couldn’t ignore. You give them fact, they reply with Republican and Fox “News” talking points. You give them the actual jobs numbers and they’ll tell you President Obama is the worst President ever. You give them actual debt and budget numbers and they tell you President Obama is the worst President ever. You ask for a reason for this opinion and crickets or they tell you some Republican made up lie.

  8. There is a friend of our family (not my friend) who owns Eagles Nest Log Homes Bob Russell who no matter what facts you put in front of him he STILL DEMANDS that Obama is ruining this nation. He DEMANDS that the economy is worse than under Bush! He DEMANDS that Obama is not American and still calls him “That N!!!!R” He thinks by calling me a liberal that he is insulting me, what a moron. Even when I showed him the dictionary meaning of Conservative and Liberal he STILL DEMANDS that I’m wrong AND the dictionary is wrong. This is a COLLEGE educated man who has owned several businesses that have ALL went down the tubes. Ever since my brother Jack died I have not spoken with him, I don’t want to listen to his insanity.

  9. Bob Russell also did the contracting on Turd Nuggets log home in Michigan and claims he’s not the guy we see acting like a fool. BTW?…why haven’t we heard from that cowardly draft dodger about the MASS MURDER in Oregon. When we do he will of course blame Obama, “Liberals” and the INNOCENT Victims!

  10. Joseph P., when I’m in company of persons like that, I do my very best to refrain from snuffing a cigarette out in their right eye. It’s against law the right? Then I’d blame it on “jumping in front of me in the lunch line” at school when we were 10 years old. Prez Obama, his performance on jobs created on his watch is amazing to say the least. And there has been no legitimate scandal, except those made by Republican Gangsters. Over the years, I was told often by my elders that if you’re a black person, you must work twice as hard at your skills. If not you’re fired. It was true then and still true today. Any other reason for people in this country to hate Prez Obama? I think not. Thanks Prez Obama for cleaning up another Republican economic mess, Republicans apparently hated math in school. Dumb bastards. Now their own people on Wall St. are concerned with their way of not being able to add jobs on purpose.

  11. “And there has been no legitimate scandal, except those made by Republican Gangsters.”

    The wording may not express your point that there have been no scandals under President Obama, only the fake scandals engineered byRWNJs.

  12. Most Republicans who hate Obama are racists pure & simple , some are in my family , it’s far worse than I ever imagined .

  13. sometimes I think this about most repubs, but first background

    A basic tenant of psychology is that if you mistreat people badly, about 1/3 of them learn to do the same

    hitler – the prime example – severly beaten by his stepfather, kept in a locked room and only escaped by throwing his clothes outside and naked squeezing between the bars the step dad put in his window

    sometimes I wonder, since psycs believe that everyone remembers most everything , its all in the subconscious

    maybe we need to do polling etc and see if a much larger % of nut jobs are those who were natural births – stuffed through an opening much to small by the womans “bulldozer at birth”, vs cesarians

    just a theory but in 1992 Dad died, I found mom had altsheimers and then realized by phd brothers life had been ruined because people called him a homo (eg his pockets full of papers, his apartment impassible re newspapers (“I might neeed that”

    continued in next opportunity down below

  14. from above

    in that nursing home I was transmuted (?) for a few sec I saw a very small woman on a hospital bed, people around her and i was being passed around. I would have been about 17 mos old, the woman was my mothers mother, and I leared from older cousins she did within a week of that time

    yes, something by extreme emotional stress came back.

    again time to do polling etc to see if there is a valid statistical difference between natural childbirth and cesarian childbirth re propensity in life to be violent

  15. I keep seeing the president being given credit or blame for economic conditions. But the president doesn’t tax nor spend (although he can start unfunded wars).

    Why does the president get the credit or blame?

  16. Unemployment statistics are very deceiving. If you are employed part time and/or making a wage that you can’t live on, what difference does it make if you are working or not? The way that Obamacare is designed, businesses dropped employment hours. There is only one candidate addressing this problem and that is Bernie Sanders. Read The Nation’s article: “What kind of Mayor was Bernie! He supports small businesses, owes no allegiance to corporations and is for evening out the injustice in wealth disparity. FEEL THE BERN!

  17. Born to “uneducated” parents who couldn’t speak English, this old NM Hispanic has an economics major and history minor. I also have an MBA in finance and my working life required that I answer many Congressional Inquiries. So I ain’t no dummy.
    History shows that the American people always vote what they think is best for their wallet. But GREED interferes. That explains why Republicans keep getting elected as President until the economy is so FUBAR that the people elect a democrat to UNFUBAR the FUBAR.
    The Obama Administration has done a good job of UNFUBARING the shipwreck left by the Shrub Administration. First look up who signed TARP and why. Next look up how much money Obama spent in the first year of his administration.
    Wing Nuts actually believe that Obama was spending money in 2009 like a drunken sailor for God only knows what instead of to keep the country from going into another Great Depression.

  18. Part II
    The direct cause of most 2009 spending was to minimize The Shrub’s IDIOTIC policies; tax cuts for the rich to create jobs – overseas I might add, two unfunded wars and an unfunded Medicare Part D. The only thing that can be attributed to the BIG O is the stimulus which most economics Profs will tell you should have been at least double what it was.
    Not a single House Republican voted for the Stimulus but that didn’t keep them for getting a few stimulus projects for their districts. Three Senate Republicans did vote for it
    For DJ: Tax welfare for the rich is NOT good. Money ain’t human beings. Piss on Trickle Down. It doesn’t work.
    People who are now flipping burgers because their good paying jobs with benefits were outsourced overseas in search of bigger profits is what edwar is talking about. I agree with edwar.

  19. Part I. I don’t know why it didn’t post first.

    Born to “uneducated” parents who couldn’t speak English, this old NM Hispanic has an economics major and history minor. I also have an MBA in finance and my working life required that I answer many Congressional Inquiries. So I ain’t no dummy.
    History shows that the American people always vote what they think is best for their wallet. But GREED interferes. That explains why Republicans keep getting elected as President until the economy is so FUBAR that the people elect a democrat to UNFUBAR the FUBAR.
    The Obama Administration has done a good job of UNFUBARING the shipwreck left by the Shrub Administration. First look up who signed TARP and why. Next look up how much money Obama spent in the first year of his administration.
    Wing Nuts actually believe that Obama was spending money in 2009 like a drunken sailor for God only knows what instead of to keep the country from going into another Great Depression.

  20. When Republican Bruce Poliquin won the 2nd district in Maine as a former Wall St banker millionaire he promised to bring jobs to Maine. Over the past year Maine paper Mills are closing left and right, another big mill announced its closing by the end of the year in Old Town. GE announced two weeks ago due to the failure of the GOP to reinstitute the EX-IM bank eighty middle class jobs will be offshored from the Bangor plant by next year unless congress re-ups the Export-Import bank, Poliquin voted to shut down the EX-IM bank. Now he’s backtracking saying his intention was never to shut down the bank for good just to clean out the corruption.

    Yeah right congressman Poliquin, you’re toast come November 2016.

  21. For starters, can we get more biased with our quoted experts? Jason Fuhrman, Chairman of the Council of Economic Advisers, appointed by OBAMA in 2013, really?

    Market declines in August and September, S&P and DJI 3q15 have been down 6.5-7%. Unemployment numbers, 142,000 in September, failed to keep to the trend (average 198,000 over the course of 2015, down from 260,000 average in 2014). August numbers were revised down from 173,000 to 136,000 and July numbers revised down to 223,000 from previously reported 245,000. One of the stronger data points in our current economy, employment data, appears to be weaker than previously thought. Important to note, private-sector payrolls grew by just 118,000, with the government accounting for the rest of the gains.

    Growth remains low. Inflation remains low. The Federal Reserve has done everything in its power to spark the economy, with the recent bull market attributed to easy monetary policy. What has OBAMA done?

  22. Jimmy Carter had the misfortune of being bookended by two of the all time worst – Old Tricky and St. Ronnie.
    If the truth be known, Carter’s inflation was started by Henry Kissinger, Tricky Dick and the Oil Shocks.
    If the truth be known, Jimmy Carter knew about St. Ronnie’s shenanigan’s with the Iranians but he kept his yap shut because he didn’t want to see rioting in the streets.
    If the truth be known, that is also the reason Obama didn’t go after The Shrub, Chaney, and Gonzales for war crimes.
    Should have he? Hell, I don’t know. I still remember the Dayton Riots of the late 1960s. Sure wasn’t pretty.

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