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How Come Unemployment Under Bush Was Lower And Higher Under Obama?

Unemployment Insurance and Employment Discussion

How Come Unemployment Under Bush Was Lower And Higher Under Obama?

Postby Shehyar » Sun Dec 07, 2014 7:11 am

The unemployment rate surged to 10% in Obama's first year in office and has fallen gradually since then, landing at 7.8% as of December.


http://money.cnn.com/galleries/2012/news/economy/1206/gallery.Obama-economy/2.html





The unemployment rate in the fourth quarter of last year--4-1/2 percent--was at its lowest quarterly level since 2001, and it was little changed in January 2007.


http://www.federalreserve.gov/boarddocs/rptcongress/annual06/sec1/c2.htm


Why does it seem things are worse under Obama and will continue to do so?
Shehyar
 
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How Come Unemployment Under Bush Was Lower And Higher Under Obama?

Postby Burgaud » Sun Dec 07, 2014 9:12 am

A question like that.................that proves you are a racist person. In fact any negative question proves you are a racist person.
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How Come Unemployment Under Bush Was Lower And Higher Under Obama?

Postby Halliwell » Sun Dec 07, 2014 9:25 am

Unemployment is a lagging economic indicator.
The lag is about 11 months. The unemployment started under Obama but it was because of the economic collapse under George W Bush
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How Come Unemployment Under Bush Was Lower And Higher Under Obama?

Postby Irvin » Sun Dec 07, 2014 11:09 am

Leftists will never admit that bigger government means less taxes collected.

Watch the beginning of the proof.

Wal-Mart Executives Sweat Slow February Start in E-Mails http://www.bloomberg.com/news/2013-02-15...

"When a payroll-tax break expired Dec. 31, Americans began paying 2 percentage points more in Social Security taxes on their first $113,700 in wages. For a person making $40,000 a year, that is about $15 a week.

The extra tax bite is about equal to a year of car insurance for a family making $30,000 or a basket of groceries per month for a family making $50,000, according to Wal-Mart?s analysis. "
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How Come Unemployment Under Bush Was Lower And Higher Under Obama?

Postby Oengus » Sun Dec 07, 2014 9:05 pm

Bush was just starting the path to recession.
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How Come Unemployment Under Bush Was Lower And Higher Under Obama?

Postby Athelward » Mon Dec 08, 2014 11:47 am

Because there weren't so many anti business policies before Obama.
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How Come Unemployment Under Bush Was Lower And Higher Under Obama?

Postby Divon » Tue Dec 09, 2014 5:33 pm

The unemployment rate in Jan. of 2001 was 4.0% In December of 2008 it was 7.3% and climbing. In Jan. of 2009 it was 7.9% and today it's 7.9% and falling.

Unemployment was higher in the first years of Obama's administration because we were in the middle of the bush recession.


Things have been getting better under Obama than they were under bush. Facts is facts.
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