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Re: 2012 Presidential Election (free for all edition)
Quote:
Originally Posted by 12thMan
Today, BLS preliminary estimate of the benchmark revision indicates an upward adjustment to March 2012 of 386,000 more jobs than originally expected.
Meaning President Obama is now a net job creator since taking office in Jan. '09. Also puts private sector growth at 5.1 million jobs over the past 30 months.
Long ways to go, but this somewhat explains the gradual down tick in the unemployment number.
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Impressive....rolls eyes. Still the worst record of any POTUS.
Bush 2 and Reagan were dealt bad economic hands by the previous POTUS yet their job gains outpaced Obamas. W created 5M jobs in the first 30 months of recovery, Reagan created 8M.
So Obama will have the worst job record of any POTUS and also a Household income drop of 4.8% during the "recovery". For folks 25-34 the income drop is 8.9%, for African Americans....11%.
Sure don't want to distort the thread with any facts, sorry about that.
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"I would bet.....(if), an angel fairy came down and said, '[You can have anything] in the world you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996.
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