Here is an even better graph from Whitehouse.gov.
Two years ago, when President Obama took office, we were hemorrhaging jobs at a rate of over 700,000 per month. Our Administration attacked the problem, first with the Recovery Act, and later with a broad set of initiatives to put more money in family budgets, free up credit for small businesses, and most recently, boost paychecks with a temporary payroll tax cut.
As you can see, the rate of job loss diminished significantly by last year at this time, down to 55,000 a month. Then, in March of last year, the private sector began adding jobs on net, and has been doing so every month since, to the cumulative tune of 1.5 million so far. And as you can see, over the past three months, private sector employers have been adding 152,000 per month, on net.
Damn! Don't you just hate it when the Islamic Nazi Socialist does a better job of running the country than the REAL American that he replaced?
Hmm, do you think THAT could be why nobody from the GOP has had the guts yet to toss their hat into the ring?
http://www.thestatecolumn.com/state_politics/alabama/sarah-palin-heads-to-alabama/
ReplyDeleteYes, and the Republican's brilliant budget plans will cut HUNDREDS of THOUSANDS of public sector jobs. As John of Orange says, "so be it." They're so hell bent on beating Pres Obama in 2012, they'd put more people out of work and then blame the President.
ReplyDeleteO/T: For people who miss watching Keith Olbermann on MSNBC, want to watch him when he resurfaces on Current TV, and are customers of Shaw Communications in (mostly western) Canada:
ReplyDeleteWhen I recently called TV Sales and Customer Care at 604-629-8888 the rep said he wasn't aware of any plans to carry the channel, but if enough people asked, they would look into licensing it.
So if you live in British Columbia, Alberta, or one of Shaw's areas further east, call them!
Of course I'm pleased with the increase in jobs, but my state still has an 11% unemployment rate and I have been out of work for just over a year, so you can forgive me if I'm seeing this with a jaundiced eye. Some jobs simply will never come back.
ReplyDeleteThe Koch/Murdoch puppets are bent on making this country into a wage-slave serfdom with their low-info voting base unwittingly supporting the Ruling Class, while using the Kenyan Socialist Commie Marxist Muslim meme as a diversionary tactic.
ReplyDeleteSorry, guys--FAIL. Most are getting wise to your "plan"--witness Wisconsin. And our smart Pres is cleverly giving the Rethugs all the rope needed to eventually hang themselves.
While this is wonderful news, why in the hell have we lost this message in all the BS from the Republicans? We may be competent managers, but terrible politicians if the message is so distorted by the Repubs.
ReplyDeleteThe population is still growing on the rate of 1% per year. There are about 160 million workers which means you have to add 150,000 jobs a month just to stay even.
ReplyDeleteThere are 14 million unemployed, millions more who are underemployed or who have given up looking.
It will take years to put everyone back to work at this rate.
Just wait the GOP will take credit for it.
ReplyDeleteSPIN SPIN SPIN
House led GOP can just as easily take credit for job creation.
ReplyDeleteDon't wet yourself just yet.
Sounds good, but Robert Reich has a great post (link escapes me at this moment). Behind the numbers is this fact: the vast majority of jobs lost paid a lot more. Today the vast majority of jobs being created are in the $10-12 per hour range. Wherein the bulk of jibs lost during bush II were in the $25-30 range.
ReplyDeletewhen you reach bottom, as we did with Bush II, there's only one way to go -- up. However, Obama has done very little for the middle class and if we're thinking extending the Bush Tax cuts, as he did, will create jobs... then we're ignoring the evidence.
http://politicalticker.blogs.cnn.com/2011/03/06/mccain-flunks-made-in-america-101/
ReplyDeletePat in MA you are absolutely right. Repunks strategy is to put people out of work in order to blame the President. They don't give a damn about Americans being out of work; it's all about Power.
ReplyDeleteWhen Rush Lardass said he wanted Obama to fail he was giving the Repunks marching orders. Since then, they have been on a destructive path to regain power.
Keith Olbermann asks, "how does the Right Wing/Media/Industrial Complex continue to throw around so much weight?" He suggests that, "Every five or six rabid Conservatives we hear on talk radio, or see at protests, or read online, may not actually exist."
ReplyDeleteHe writes about "Premiere On Call" at http://foknewschannel.com/racketeer-rabbit-republicans/
Yes, anon@3:14, but at least we are headed in the right direction. How long would it take if we continued on the Bush years trajectory?
ReplyDeleteSo, yes, we need to curb population growth - preferably by the methods we have been using, no coercion, just educating women so that they have an option for seeing themselves as having value and choices other than wife and mother,(as men have had for eons) and making the ability to control reproduction a basic right, as in free or affordable, accessible birth control. So simple. That's really what it means to be pro-choice.
Interesting math, 3:14. Are you suggesting that newborns somehow put increased pressure on the job market?
ReplyDeleteApart from the eTrade Baby, I am not aware of any tiny tot job sector, currently. If anything, these newborns are consumers, thus creating more demand for tot-oriented sundries, care givers, pediatricians, etc.
Eddie Blue Eye "However, Obama has done very little for the middle class and if we're thinking extending the Bush Tax cuts, as he did, will create jobs... then we're ignoring the evidence."
ReplyDeleteOh Really?
In Tax Benefits to the Middle, Political Lift for Obama
WASHINGTON — With the Senate poised to hold a key vote on Monday on the tax cut deal between President Obama and Republicans, the political jousting has focused on what the agreement does for the wealthy by extending all of the Bush-era tax rates, and for the unemployed, by continuing jobless aid.
But a hefty portion of the $858 billion tax package will benefit middle- and upper-middle-income Americans — precisely the demographic that felt neglected the last two years as the White House and Congress focused on the major health care law and on helping the unemployed and people facing foreclosure.
http://www.nytimes.com/2010/12/13/us/politics/13tax.html?_r=3
OT: Jan Brewer Critics Gather Signatures To Force Recall Election
ReplyDeleteJust after the Republican lawmaker embarked on a trip to Alaska -- which she wrote on Twitter marks her first in two years -- local Fox affiliate KSAZ reported that critics of the governor spent part of Saturday collecting signatures to recall her from office at the state capitol.
According to the Grand Canyon State-based outlet, 432,000 signatures would need to be obtained by the end of May to force a recall election
http://www.huffingtonpost.com/2011/03/06/jan-brewer-recall_n_832003.html
Maybe this is why she ran to Alaska to see her BFF LMAO!!!
Anonymous 5:19 wrote: Interesting math, 3:14. Are you suggesting that newborns somehow put increased pressure on the job market?
ReplyDeleteYes, the newborns of twenty years ago. There were roughly one percent more of them than twenty-one years ago, meaning that this year we have one percent more reaching age twenty than we did last year.
As for the newborns of ten years ago, and this year—that's why the population increase is a continuing problem. You need to look further ahead than the current year, opportunities for humour notwithstanding.
This will be exacerbated if/when the retirement age is increased.
Well, you know what the right wing G nO P are going to say, right?
ReplyDeleteCome, on. You can't guess? It's so predictable.
See. THOSE TAX CUTS TO THE WEALTHY ARE WORKING.
That was just too easy.
Where's my $20?
Oh. And they won't mention that those new jobs are for less salary than the old ones.
ReplyDeleteThat white collar management jobs are being replaced with lower entry/ blue collar jobs.
That some workers who were fired are being hired back at the exact same job they were fired from with the exact same duties, only as independent contractors so they get no benefits.
Or that some of those jobs are part time.
They won't mention the number of people working part time (with no benefits of course) that would like to be working full time.
Or that some of those jobs are being held by the same person, a person doing two or three part time jobs to try to survive.
The job losses caused at the state level by the Republican governors who are fabricating budget problems were in part designed to offset the increased jobs. It worked for a while, but not anymore. Unfortunately the actual unemployment rate is around 22%, so a little improvement barely dents the problem.
ReplyDeleteOne of my Facebook "friends" sent a message stating all the positive news about the economy and jobs are a fabricated lie by Obama
ReplyDeleteOf course after the Republicans whittle away the jobs,many jobless people won't afford health care education,food and housing.Then we will have to raise local taxes to pay for the sick homeless hungry uneducated people.
The Republican plan does not make sense to me.
I really don't think that Big Orange Boner & the GOP - that sounds like a bad disco era band name - have any plan at all except to be against anything that President Obama is for. He could plagiarize Reagan's speeches and the BOB & GOP would reflexively be against it. Obama could read one of Boner's speeches from a year ago and Boner would be against it.
ReplyDeleteI think that BOB & GOP collectively have shit for brains and haven't the slightest idea how to govern. They were somewhat successful at being Obama's foil while they had no power. Now that they do, they can't seem to come up with any ideas other than to raise their middle fingers to the country. I don't think that the populace is quite as stupid as they seem to think we are. I hope that they get their asses handed to them next year. That will offer the best hope of the GOP either dying and going away for ever or reforming and purging itself of the xenophobic racist cousin humpers that seem to so numerous amongst their ranks.
I really don't think that Big Orange Boner & the GOP - that sounds like a bad disco era band name - have any plan at all except to be against anything that President Obama is for.
ReplyDeleteThat's the beauty of it from their perspective. No plan, no follow through. No idea of where to progress us to, no cares about any collateral damage along the way.
The more they damage things- the more 'proof' of 'something' they have to whinge about.
I think that BOB & GOP collectively have shit for brains and haven't the slightest idea how to govern.
Back to the first part- that's a feature,not a bug. Until they have a massive failure AND are blamed for it. Until then that's a feature. Shit for brains makes it more better.
The only way Big Orange Boner and the GZeroP lose is if enough voters wake up and realize that it's not chocolate spraying from the fan and hitting them in the face. Not only that, they have to figure out who truly deserves the blame.
Unlimited corporate dollars, and a lots of stupid disconnected citizens make a bad combination.
Wasn't there a band named Big Orange Boner and the KKKorporate AzzKlowns?
It all goes back to the Norquis's "drown gov't in a bathtub" mind set. Make things not work by chipping away at them and when they finally DO collapse you can get rid of the department (think the USDA, FDA, HHS, etc.) Put cronies of big business in the top positions like Bush did, and you are guaranteed failure in those departments. Publicize that failure from the rooftops and the people will demand those departments be gutted or "redone" to be more efficient (aka work FOR business and against people).
ReplyDeleteI saw this crap start way back in Reagan's time. That's when it really got started and it was almost finished by the time Obama took office. Clinton staved of some of it, but they took him out due to his weakness for strange snatch (sorry but if he had kept his dick in his pants Gore would have wiped the floor with Bush and no SCOTUS would have been able to change the course of our country like they did in 2000).
We are very fortunate that McCain and Palin LOST in 2008.
ReplyDeleteThis past weekend McCain said the iPad and iPhone are made in the USA (they're not - they're made in China) and he also suggested that we should enforce a no-fly zone in Libya.
Without regard for the cost in lives and treasure - just: bomb, bomb, bomb, kill, kill, kill
And of course Sarah (hiding behind Fox News) opened up her mouth and let all the crazyness in her head tumble out also, too.
(It doesn't even matter what the subject is anymore - Sarah regurgitates the same tired talking points. And she still hasn't come up with a single, specific fix to any problem. Not one. Just the familiar, good old-fashioned nonsense and time-worn cliches.)
...so as I said: we are very fortunate that those two morons LOST to Barack Obama.
I see evidence of an improving economy. People who negate statistics, data and believe taxes were raised for everyone will continue to be low information voters.
ReplyDeleteGiven 8 years of escalated debt leading us to the brink of a great depression while the Republican presidential candidate campaigned "the fundamentals of the economy are strong" shattered any confidence of fiscal common sense conservatives for me.
It was one he'll of a financial debacle that will take more years to restore a balanced budget then it took to create it.
OT- Sarah Palin is clueless about the financial costs of war. Let's not forget how emphatic she was that if Oba wanted to win, he'd start a war with Iran.
ReplyDelete