bluesinG said:
Wow, what an absurd graph. Obama's bar is so small because the US was *losing* more than 500,000 jobs *per month* when he took office, and it took time to dig out of that hole--the hole that Bush dug. Since March 2010, the US has added an average of 141,000 jobs per month--which would rank sixth in that chart, ahead of every Rebuplican president except Reagan. See for yourself: http://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth |
The chart is what it is, Bush's bar also includes the jobs hemorrhaging as do all the other's listed...not sure how that's "absurd". Opposed to facts?
I really do not want to go into the whole Bush thing. See factcheck.org on the matter of whom is reponsible for the economic downturn.
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2002 | -129 | -146 | -24 | -84 | -9 | 47 | -100 | -11 | -55 | 121 | 8 | -163 | |
2003 | 95 | -159 | -213 | -49 | -9 | 0 | 25 | -45 | 109 | 197 | 14 | 119 | |
2004 | 162 | 44 | 337 | 249 | 310 | 81 | 46 | 122 | 161 | 348 | 63 | 134 | |
2005 | 137 | 240 | 141 | 360 | 170 | 243 | 374 | 193 | 66 | 80 | 334 | 160 | |
2006 | 283 | 316 | 283 | 181 | 14 | 76 | 209 | 183 | 157 | -9 | 204 | 171 | |
2007 | 236 | 93 | 190 | 72 | 139 | 75 | -40 | -18 | 73 | 79 | 112 | 89 | |
2008 | 41 | -84 | -95 | -208 | -190 | -198 | -210 | -274 | -432 | -489 | -803 | -661 | |
2009 | -818 | -724 | -799 | -692 | -361 | -482 | -339 | -231 | -199 | -202 | -42 | -171 | |
2010 | -40 | -35 | 189 | 239 | 516 | -167 | -58 | -51 | -27 | 220 | 121 | 120 | |
2011 | 110 | 220 | 246 | 251 | 54 | 84 | 96 | 85 | 202 | 112 | 157 | 223 | |
2012 | 275 | 259 | 143 | 68 | 87 | 45 | 181 | 192 | 148(P) | 171(P) | |||
P : preliminary |
Using the chart from the source you provided (from March 2010 onward):
17 months where the job creation has failed to exceed 150,000 (minimum estimate to offset increased workers)
15 months where job creation has exceeded 150,000.
4,511,000 NET
(150,000 per month off new workers) * 32 months = 4,800,000
4,511,000 - 4,800,000 = -289,000 jobs
In order to break even and keep up with new workers, we would have required 289,000 more jobs (remember this is a minimum estimate).
Include the 11 million missing from the workforce and there is a stark contrast to the "things are looking up" mentality.