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Old 07-11-2011, 08:01 PM   #1
Beragagnu

Join Date
Oct 2005
Posts
468
Senior Member
Default Economy: Obama's epic FAIL, GWB's WIN....
Lesson 1, my denying, lefty sheep:

Obama:
How Miserable? Index Says the Worst in 28 Years
When it comes to measuring the combination of unemployment and inflation, it doesn’t get much more miserable than this. http://www.cnbc.com/id/43441924

African-American unemployment at 16 percent
http://www.cbsnews.com/stories/2011/...20072425.shtml


GWB:
'50 straight months' of job growth'
Posted November 2, 2007 11:05 AM
The Swamp
by Mark Silva

-- "8.31 Million Jobs Created Since August 2003 In Longest Continuous Months Of Job Growth On Record,'' the White House boasts today.

The figures released by the Bureau of Labor Statistics today – 166,000 jobs created in October -- play into the Bush administration's argument that its tax-cuts have helped keep the economy on course, despite any number of stressors in the past years, stressors continuing today with the spiraling cost of oil and epidemic of home mortgage foreclosures.

"Our economy has now added jobs for 50 straight months – the longest period of uninterrupted job growth on record,'' the White House says today.

Unemployment, it notes, remains "low at 4.7 percent.''


With the Gross Domestic Product growing by 3.9 percent in the third quarter of this year, the White House adds, "the economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.'' http://www.swamppolitics.com/news/po...ht_months.html
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