Americans give up looking for work

[peilthetraveler]

Quote from AK Forty Seven:

I'll take adding 92,000 jobs a month over losing 800,000 jobs per month as we were under the republican

Democrats love this chart, but the fact remains...if you showed from Bushes entire presidency and compared it with Obamas presidency, you would see Bush created 7.2 million jobs vs Obama (as of June 2012) lost a total of 473,000 jobs. Also remember that unemployment rate when Bush took office was in the 4% range. Its hard to create jobs when everyone already has a job. Pretty easy to create jobs when nobody has one.

 

[Free Thinker]

Quote from peilthetraveler:

Also remember that unemployment rate when Bush took office was in the 4% range. Its hard to create jobs when everyone already has a job. Pretty easy to create jobs when nobody has one.

and when he left office it was what? how easy is it to lose millions of jobs when everyone has one?

 

[CaptainObvious]

The numbers falling out of the workforce is staggering. This is serious, real serious.
http://finance.yahoo.com/blogs/breakout/why-drop-unemployment-rate-tragic-144809610.html

 

[nutmeg]

Quote from CaptainObvious:

We will follow a man like that. Who is that man?

We have a cultural shift. too many dames, sorry I can't take directions from a woman.

 

[mrbill]

Quote from CaptainObvious:

I'm sorry, but this 100K or so a month job growth we're on is not going to cut hit. We're missing the mark by 200K per month, and when you consider most of these new jobs are for shit, the under employment number is going through the roof.
Bush was a fuck up. I get it. We all get it. Yes, Obama got left a bag of turds. We all get that. Four years later. FOUR years later my friend, and we're getting a few McD type jobs created here and there. Blame this, blame that. At the end of the day it's on his watch and it's up to him to lead the way out regardless of the obstacles.
We are surrounded by the enemy. Outside help is not coming. Casualties are high. Someone needs to step up, give the order to prepare for close combat, and lead the way out. We, we Americans are prepared to die trying, but I can't give the order. You can't give the order. The president must do it. Enough with the platitudes. He must stand up in the hail of bullets, fix his bayonet, look at us and say, Semper Fi mother fuckers, and charge, putting his own presidency on the line. We will follow a man like that. Who is that man?

Nice metaphors, they certainly don't apply to ryan/romney ticket, but nice anyway. Hopefully we'll have more legitimate entrepreneurs, traders, risk takers, not those looking to get paid by a big company for doing crap work. TECHNOLOGY has made most Mfg jobs obsolete, and no one gets it. No more jobs, just room for entrepreneurs. Of course people stop looking for non-existent jobs, why should they?

http://www.converge.org.nz/pirm/nutech.htm

http://www.economist.com/blogs/freeexchange/2012/08/growth-0

 

[PiggyBank]

Quote from AK Forty Seven:

I'll take adding 92,000 jobs a month over losing 800,000 jobs per month as we were under the republican

you mean the ONE month out of NINETY-SIX where 800k jobs were lost, right? You also realize that after a perfectly natural correction the economy tends to begin growing? You also realize that crash was going to happen no matter what, due to both private and public sector policies and practices, don't you?

Anyway, Presidents and govts don't create private sector jobs.. they can only provide an environment where it is possible.. obama's policies stifle private sector growth. Like I said before, the economy continues to "grow" (lol) in spite of obama, not because of him. Look up the participation and employment ratios on the BLS website.. the jobs we are adding are not even keeping up with growth of the population and workforce, AFTER the second largest correction in history.

I forgot to mention that^

 

[Lucrum]

Quote from PiggyBank:

...Anyway, Presidents and govts don't create private sector jobs.. they can only provide an environment where it is possible.. obama's policies stifle private sector growth. Like I said before, the economy continues to "grow" (lol) in spite of obama, not because of him. Look up the participation and employment ratios on the BLS website.. the jobs we are adding are not even keeping up with growth of the population and workforce.

There are those pesky facts again.

 

[pspr]

Quote from nutmeg:

We have a cultural shift. too many dames, sorry I can't take directions from a woman.

Don't you mean too many damns?

 

[pspr]

Quote from PiggyBank:

you mean the ONE month out of NINETY-SIX where 800k jobs were lost, right? You also realize that after a perfectly natural correction the economy tends to begin growing? You also realize that crash was going to happen no matter what, due to both private and public sector policies and practices, don't you?

Anyway, Presidents and govts don't create private sector jobs.. they can only provide an environment where it is possible.. obama's policies stifle private sector growth. Like I said before, the economy continues to "grow" (lol) in spite of obama, not because of him. Look up the participation and employment ratios on the BLS website.. the jobs we are adding are not even keeping up with growth of the population and workforce.

+1

 

[AK Forty Seven]

Quote from peilthetraveler:

Democrats love this chart, but the fact remains...if you showed from Bushes entire presidency and compared it with Obamas presidency, you would see Bush created 7.2 million jobs vs Obama (as of June 2012) lost a total of 473,000 jobs. Also remember that unemployment rate when Bush took office was in the 4% range. Its hard to create jobs when everyone already has a job. Pretty easy to create jobs when nobody has one.

Bush did not create 7.2 million jobs,he created 3 million.If you count the jobs loss within 6 months of him leaving office he is in the red





http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/


Bush On Jobs: The Worst Track Record On Record


By WSJ Staff


President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.

His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton‘s administration and only slightly better than President George H.W. Bush did in his four years in office.

Here’s a look at job creation under each president since the Labor Department started keeping payroll records in 1939. The counts are based on total payrolls between the start of the month the president took office (using the final payroll count for the end of the prior December) and his final December in office.

Because the size of the economy and labor force varies, we also calculate in percentage terms how much the total payroll count expanded under each president. The current President Bush, once taking account how long he’s been in office, shows the worst track record for job creation since the government began keeping records.