4.5 Millon New Jobs??!!! Really?! Reality Check

[joeydb]

I noticed the word "net" is missing from the "new jobs" statistic...

That's right up there with "you would have gone bald sooner had you not used our super-duper hair tonic."

That kind of claim is now outlawed by the FDA by the way.

[jms62]

Originally Posted by joeydb

I noticed the word "net" is missing from the "new jobs" statistic...

That's right up there with "you would have gone bald sooner had you not used our super-duper hair tonic."

That kind of claim is now outlawed by the FDA by the way.

http://thinkprogress.org/economy/201...ord/?mobile=nc

[Clip-Clop]

Originally Posted by jms62

http://thinkprogress.org/economy/201...ord/?mobile=nc

He isn't running against Bush's record this year, that proved easy. Now he needs to run on his own.
Think Progress? I am surprised as you have always seemed the type to cull stats from legit sources.

[jms62]

Originally Posted by Clip-Clop

He isn't running against Bush's record this year, that proved easy. Now he needs to run on his own.
Think Progress? I am surprised as you have always seemed the type to cull stats from legit sources.

My point went over your head.

[Clip-Clop]

Originally Posted by jms62

My point went over your head.

Chart Mock, copy and apologies.

[jms62]

Originally Posted by Clip-Clop

Chart Mock, copy and apologies.

Zactly. Go Broncos. QB's went for a hefty price in my auction draft so I took a flyer on Peyton for 40 bucks which was 1/2 of what Rogers went for and 25 below Stafford.

[Clip-Clop]

Originally Posted by jms62

Zactly. Go Broncos. QB's went for a hefty price in my auction draft so I took a flyer on Peyton for 40 bucks which was 1/2 of what Rogers went for and 25 below Stafford.

Sounds like a steal to me, big year ahead. Gets to play SD, OAK and KC twice each though the rest of the schedule isn't a breeze.

[Danzig]

http://news.yahoo.com/blogs/ticket/f...-election.html

However, CNN fact-checked that claim and found it to be "not the whole picture." Instead, CNN found that there has been a net increase of just 300,000 nonfarm payroll jobs since Obama took office. And if you count government jobs, there are actually 400,000 fewer people working today than in January 2009.

When Democrats use the 4.5 million jobs number, they're referring to jobs created after the economy bottomed out in January 2010, one year after Obama took office. That time frame excludes the worst job losses, which took place in 2009, and which many Democrats argue were the result of Bush policies.

CNN concludes: "The figure of 4.5 million jobs is accurate if you look at the most favorable period and category for the administration. But overall, there are still fewer people working now than when Obama took office at the height of the recession."


As of July, Obama is averaging +0.84 percent annual job growth in his term. That places him ahead of Bush, who saw +0.51 percent growth in his first term and -0.84 percent in his second term. Obama is also tracking better than George H.W. Bush, who presided over +0.69 percent growth during his one term in the White House.

However, Obama's job growth percentages trail far behind those of some other recent presidents, including Bill Clinton (+2.60 percent and +1.60 percent), Ronald Reagan (+1.75 percent and +2.53 percent) and even Jimmy Carter (+2.30 percent)...




well, obama isn't lying when he says his job growth is better than bush. but that's not exactly saying much, is it?