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View Diary: 25 Reasons Why We are Better Off Today than Four Years Ago (126 comments)

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  •  while unemployment has been (1+ / 0-)
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    trending down (from 10.0% in 10/2009 to 8.3% now) it was in the 4% to 6% range in the Bush years.

    Here's the average unemployment rate by year

    2001 4.7%
    2002 5.8%
    2003 6.0%
    2004 5.5%
    2005 5.1%
    2006 4.6%
    2007 4.6%
    2008 5.8%

    2009 9.3%
    2010 9.6%
    2011 9.0%
    2012 8.2% so far

    •  Thats such a terrible comparison (12+ / 0-)

      Bush did not have a terrible economic crisis to deal with until his last year. It's really like comparing apples and oranges. I think the fact that it went from 5.8% to 9.3% in 2009 shows you the results of the Bush years.

      •  i think that (1+ / 1-)
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        Hidden by:

        the meltdown and the 9/11 attacks/recession at the beginning of his presidency were serious economic issues.

        We lost 5,060,000 jobs in 2009 in the meltdown. After that we have added 3,926,000 jobs so we still have fewer wrokers then before it began. Compared to 12/2007 today we have 4,737,000 fewer workers...with a larger population.

        So i don't think anyone should be putting JOBS on their resume.

        •  Bush faced a normative recession and had (16+ / 0-)

          the cooperation of Democrats in Congress to combat it. Obama was handed the worst economic crisis since 1933 and a Republican opposition committed to blocking his every maneuver regardless of the consequences.

          "Balderdash!" - Mitt Romney

          by Red Bean on Mon Sep 03, 2012 at 07:22:20 AM PDT

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          •  Thank you Red Bean. (0+ / 0-)

            It shows that having data at your fingertips is not enough. It also takes discernment and judgment to assess the situation correctly.

            liberal bias = failure to validate or sufficiently flatter the conservative narrative on any given subject

            by RockyMtnLib on Mon Sep 03, 2012 at 01:03:47 PM PDT

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        •  Those economic issues (8+ / 0-)

          while serious, were a  walk in the park compared to the recession at the end of 2008. The economy was literally about to COLLAPSE in 2009. It was scary thing. You point out that exact same thing in your next sentence. We were losing 800k jobs a month before he took office. That mild recession early in Bush's term never seen job losses that much and the UE rate never really spiked that high.

          Secondly, I don't know how accurate your numbers are but even if they are, the first great depression took years for the population to get back to full employment. It took like 2-3 terms for FDR to get the UE just to go below 10%. Big recessions take time. If you don't understand that, you're either naive or a right wing troll. Judging by your other comments, I expect the latter.

        •  no mobbing please (1+ / 0-)
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          I agree that putting JOBS and GROWTH on anyone's resume right now is not exactly putting their strong foot forward.

          The fact is that this current administration has done what it can in the circumstances that it was given by the previous one, while having to deal with the historic gridlock that has taken over our government. What more could anyone expect from them?

          Sadly, it won't matter to about 50% of the country. The Facts are drowned out. Nothing much has changed this problem for too long.

          These were also unprecedented times: economic circumstances have combined along with the fall out of 9/11 and a host over other historic challenges have made our collective lives fairly miserable for more than a decade.

          We would be in a serious mess if measures had not been taken to stem the tide. Its hard for a shell shocked nation to understand the value of what has worked in our recovery efforts, among the finger pointing ads (we deserve a better discussion).

          The report card is not that impressive, but it could have been much worse. The other guys won't even talk about their detailed plans to turn things around.

          But, the guys that have done as good a job as anyone could have expected have a big problem to deal with and they are not talking about it:

          Mr. President there is a serious problem with the EUC08 program
          Welcome to our 21st century Watergate

          Any reasonable discussion of the facts is welcome. I agree with the diarist and many other comments here about the valid points being made. This problem I have uncovered, like it or not, is a serious test of Mr. Obama's leadership and should be thoroughly examined before the election.

          It is also a serious test to show how a civilized community deals with information they cannot refute, but would rather not hear.

        •  Clinton handed Bush a frigging 230 billion (2+ / 0-)
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          Turbonerd, Supavash

          Budget surplus. After 8 years of bleeding the economy with Tax cuts, and his pet wars, Bush handed Obama a nation on the verge of economic collapse.

          I'm shocked that you don't remember the banking crisis... Its a direct product of a failure to regulate the financial industry. Responsibility does not neatly fall on only the Republicans only for failure to regulate. But it is most certainly part of their religion - That regulation restrains business.  And something they certainly push with the greatest vehemence

          the bulk of the blame {for the financial crisis} lies with the policy makers and regulators who were on duty while the housing bubble inflated and Wall Street went wild — the Bush administration and Alan Greenspan’s Federal Reserve. Their near-religious belief in the powers of the market led them to conclude that the mere fact that a company was willing to make an investment made that investment O.K.

          "We have always known that heedless self-interest was bad morals; we know now that it is bad economics" - F.D.R.

          by biscobosco on Mon Sep 03, 2012 at 10:29:50 AM PDT

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    •  The economy contracted by 9.3% (12+ / 0-)

      in Bush's last quarter in office. Are you setting out to prove the adage about lies and statistics?

      "Balderdash!" - Mitt Romney

      by Red Bean on Mon Sep 03, 2012 at 06:57:24 AM PDT

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    •  4.7 to 9.3 = Bush performance on jobs (6+ / 0-)

      SUCKED! You are a TROLL!

    •  Your candidate once recognized (2+ / 0-)
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      notrouble, Supavash

      that what you're trying argue is fatuous:

      “The people of America recognize that the slowdown in jobs that occurred during the early years of the Bush administration were the result of a perfect storm. And an effort by one candidate to somehow say, ‘Oh, this recession and the slowdown in jobs was the result of, somehow, this president being magically elected,’ the people of America just dismiss that as being poppycock, and they recognize that,’’ Romney said in early 2004, at the opening of Bush’s Massachusetts headquarters, according to a videotape of his remarks that is part of the Romney administration’s records held at the state archives in Boston.

      "Balderdash!" - Mitt Romney

      by Red Bean on Mon Sep 03, 2012 at 08:25:47 AM PDT

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    •  so you agree, unemployment is down (1+ / 0-)
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      from when Obama took office.

      Have a nice day.

      Reforms come from below. No man with four aces howls for a new deal.
      Keystone XL will raise gas prices!

      by Turbonerd on Mon Sep 03, 2012 at 04:09:26 PM PDT

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