What has Obama really accomplished in the last 3 and 1/2 years? - Democratic Underground
"11. Oversaw the creation of more jobs in 2010 alone than Bush did in eight years. http://bit.ly/hrrnjY ..."
So when the Republicans say Obama created no jobs, they're flat-out lying?
Yes, there was a spike during those months of census hiring. However, he has still worked back to just about where he inherited the mess. He now has to make up for the 4.5 million jobs lost during Bush's end. http://www.washingtonpost.com/blogs/the-fix/post/president-obamas-job-creation-problem--in-one-chart/2012/08/02/gJQA58tsRX_blog.html
Geez, that's a lot of jobs lost.
This really was the worst downturn since the Great Depression.
It takes many years to recover from something like this.
And there's not much a President actually can do, right?
http://www.cbo.gov/publication/21999
The argument often over the unemployment is strange. In that CBO report, the government expects slow change with unemployment with things remaining as is, estimating that it will be 2016 before we reach 5%. The stimulus certainly did save a lot of people their jobs, but there are many reasons for such high job loss and continued unemployment. I think this is what you were referring to, 4k in new applications. The article also goes on to say that they expect the % to still drop since it seems like job growth is can handle it. The chart below is Obama's job tracker.
I hope this one appears in the debates.
"12. Along with Democrats, and almost no Republicans, implemented an auto industry rescue plan, and saved as many as 1 million jobs. http://bit.ly/ibhpxr Many are of the opinion that he saved the entire auto industry, and even the economy of the entire Midwest. http://bit.ly/gj7mt5 This resulted in GM returning to its place as the top car company in the world. http://lat.ms/zIJuQx Willard Romney, on the other hand, advocated for the entire industry to go belly-up. http://nyti.ms/k0zp ..."
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