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Name:
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architect
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Subject:
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The bottom line
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Date:
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1/18/2013 10:51:12 AM (updated 1/18/2013 10:54:41 AM)
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Under Clinton (the tax raiser) unemployment averaged under 4% and the number of new jobs was close to 23,000,000
Under Bush (the tax cutter) unemployment averaged over 6% and the number of new jobs was 1,100,000
Under Obama (the "affirmative action president) the economy, since the turn around 32 months ago, has gained an average of 130,000 jobs per month vs 23,000 per month under Bush (the tax cutter). Now the entire 48 months of Obama (the affirmative action president) we only gained an average of 14,000 per month but in Bush's (the tax cutter's) last month we lost over 760,000 and the losses had gone up every month for almost a year, while in Obama's (the affirmative action president) first month we lost almost 700,000 but it then went down every month until we tipped back into the positive. If the current growth continues (yesterday the BLS announced new first time unemployment insurance claims had dipped by 37,000) by Jan 2017 we will have gained 8 to 10 million jobs.
In the last 4 years "crony capitalists" have seen their profits go up 171%, the most in any 4 year period since the end of WWII. This in spite of an "affirmative action, socialist" in the White House.
Now MM I may not have the MBA learning that you so often announce with great fanfare, but I can add 2 + 2 even with my "public school" education and know that you either can't add 2 + 2 or simply refuse to recognize the facts before you.
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