Wait, I missed something: why do you want it to, again?
Bush's last day in office was January 20, 2009, not December 2009.
So here's your numbers, again, but corrected:
Start of Bush's term:.............Jan 2001.......7.3%
End of Bush's term:...............Jan 2009.....14.2%
Start of Obama's Term:..........Jan 2009.....14.2%
Right now in Obama's Term:..Jan 2009.....14.7%
However looking at the graph you can see that Obama inherited the presidency while unemployment was already skyrocketing. Its been falling fairly consistently for his entire term except for the first nine months. That change probably has nothing to do with Obama, though, unemployment just reached its ceiling.
__________________
Graffiti outside Latin class.
Sed quis custodiet ipsos custodes?
A juvenal prank.
my bad. i suppose the mind**** of seeing bush's figures (which he was long exhonerated for. lol) made me overzealous.
regardless, that peak of unemployment that i posted was of bush's recession. plummeting downward market trends dont just magically reset when a new president is elected.
(thanks for not deleting the *smack in the face obvious* graph though)
Last edited by focus4chumps on Nov 2nd, 2012 at 12:25 PM
No prob. My old posts on KMC should reveal how much I disliked Bush so I was a bit confused as to where you were coming from.
Only a fool would try to blame the massive recession on Obama. Obama has done nothing but work on bringing the nation out of a recession.* I am 10000000% positive DIFFERENT regulations under Bush would have prevented this whole fiasco.
You know what the saddest part about that recession? People probably died as a result. That's horrible and depraved to imagine that the greediness of some caused the deaths of others due to the type of world in which we live.
*Don't take that for an endorsement. I do not support Obama.
well i just dont see how trickle-down economics, which failed disastrously twice, is going to work on the third shot.
__________________ "Your Lord knows very well what is in your heart. Your soul suffices this day as a reckoner against you. I need no witnesses. You do not listen to your soul, but listen instead to your anger and your rage."
I've researched that and this commentary is important to this thread.
In what way is Romney implementing trickle down economics when he's denied that multiple times? Is he pulling a classic Romney or is the accusation of Trickle shaky, at best?
Here are the biggest "lies" from the campaign, so far:
"President Barack Obama claimed Mitt Romney is planning to raise taxes by $2,000 on middle-income taxpayers and/or cut taxes by $5 trillion. Neither is true.
Romney claimed Obama plans to raise taxes by $4,000 on middle-income taxpayers. That’s not true, either.
It’s also not true that Obama plans “to gut welfare reform by dropping work requirements,” as Romney claimed.
Equally untrue is the Obama campaign’s repeated claim that Romney backed a law that would outlaw “all abortions, even in cases of rape and incest.”
Its actually very easy for Romney to say he's not doing trickle-down economics while doing trickle-down economics. The underlying philosophy of his economics (cut taxes so the rich will spend more) is extremely similar to trickle-down theories even if it varies on the finer points.
__________________
Graffiti outside Latin class.
Sed quis custodiet ipsos custodes?
A juvenal prank.
Can it be considered Trickle-Down if he cuts taxes on more than just the rich, though? Wouldn't it be more apt to call that "cutting taxes" than Trickle-Down?
To be honest, I am not well-versed in Trickle-Down arguments.
Here's what I thought Trickle-Down economics were:
1. Cutting taxes on corporations and the rich.
2. Creating new laws that favor corporations and big business.
3. Relaxing regulations that primarily impact corporations and the rich.
1. No.
2. Don't know or yes.
3. Can't really say: regulation changes he wants (if he were specific enough) should impact all SE climes. It not sure about this.
Is the Romney campaign saying "Unemployment isn't recovering under Obama", "Unemployment isn't recovering fast enough, but under Romney it will improve more" or something else?
They are saying this and Romney, I think, said that almost verbatim in the first debate. He has definitely used the word "slow" in reference to the economic recovery towards Obama.
The real problem with using unemployment as a measure of an economy's health is the issue of discouraged workers. As the economy heals and more people who have previously abandoned hope of finding employment (Occupy Protestors among others) return to the job market and thus inflate the unemployment figure.
Similarly, it isn't difficult to imagine a scenario where the economic situation becomes so bleak that millions of job seekers throw in the towel and the unemployment rate plummets even as the economy sinks to new lows.
__________________
Where the longleaf pines are whispering
to him who loved them so.
Where the faint murmurs now dwindling
echo oer tide and shore."
-A Grave Epitaph in Santa Rosa County, Florida; I wish I could remember the man's name.
I thought you were going somewhere else with that. I thought you were going to say, "and more jobs are being created by the unemployment rate magically stays the same." Because, some people, that come back to the market, get a job in less than a month.
That's why the graph is showing U-3 as well as U-6.
U-3 is more common because we know the U-3 number with reasonable certainty and its standard across a bunch of countries. U-6 is more accurate but less precise.
__________________
Graffiti outside Latin class.
Sed quis custodiet ipsos custodes?
A juvenal prank.
__________________ Recently Produced and Distributed Young but High-Ranking Political Figure of Royal Ancestry within the Modern American Town Affectionately Referred To as Bel-Air.
__________________ "Your Lord knows very well what is in your heart. Your soul suffices this day as a reckoner against you. I need no witnesses. You do not listen to your soul, but listen instead to your anger and your rage."
__________________ Recently Produced and Distributed Young but High-Ranking Political Figure of Royal Ancestry within the Modern American Town Affectionately Referred To as Bel-Air.
__________________ Recently Produced and Distributed Young but High-Ranking Political Figure of Royal Ancestry within the Modern American Town Affectionately Referred To as Bel-Air.
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Nov 2nd, 2012 03:25 AM
