How are you enjoying that hope and change? In the month of June alone, 473,000 Americans got to experience the effects of the Obama economic policy first-hand as their names were added to the ever-growing unemployment list. Thanks a lot, President Obama. Your stimulus package was a costly joke.
Read about the results of the president’s disastrous policies from Gateway Pundit:
Obama Disaster Update: 473,000 Jobs Lost In June
“The Obama disaster continues...
US Economy Continues to Hemorrhage Jobs
Bureau of Labor Statistics- via Sweetness and Light
The US economy lost 598,000 jobs in January.
The US economy lost 706,000 jobs in February.
The US economy lost 742,000 jobs in March.
The US economy lost 545,000 jobs in April.
The US economy lost 485,000 jobs in May.
(May's numbers were adjusted after it was initially reported that 345,000 jobs were lost.)
And, in June the US lost another 473,000 jobs.
Reuters reported:
‘U.S. private sector job cuts fell in June to their lowest in eight months, but they still came in more than expected and the economy may be on track to lose another one million workers by year-end.
Private employers cut 473,000 jobs in June, down from 485,000 in May, according to a report by ADP Employer Services published on Wednesday. Economists surveyed by Reuters had expected 393,000 private-sector job cuts in June.
Though June's loss was the smallest ADP had reported since October 2008, the surprisingly large number of cuts dealt a setback to those expecting the U.S. economy to recover soon.’
But don't worry... The state-run media says the Obama economy is roaring back.”
4 comments:
If it was your intention to provide a visual that supported your "point", you failed miserably with your choice of an absolutely stupid graph!
Look at where the graph STARTS: January 1999. Look at where it ENDS: January 2009.
The graph shows PERFECTLY what a horrible job the President did.
The problem for YOU is that the President in question is George W. Bush, not Barack Obama!
Thanks so much for the info!
once bush knew democrats were coming in, he didnt care anymore, they weren't going to ask his approval on anything, nor care what his stance was on any issue. but the job loss problems didnt start until obama's inauguration
Look at the freakin' chart, moron. Job losses rose between 2001 and mid 2003, then fell off between mid 2003 and 2007, and then took off in 2008. Obama wasn't elected until Nov, 2008 and took office in January 2009. The "job loss problem" clearly started in January 2008.
But hey, don't let fact sget in the way of your rightwingnut beliefs. What you think happened is far more important than what actually happened, right?
2001 - 2003, consumer confidence at an all time low because of the 9/11 attacks.
mid-2008 until present.... real estate market takes a dump because leftwingnuts want "the american dream" handed to them. and poor people whine when their lifestyle isn't capable of paying for "the dream" so banks hand out loans like sticks of gum to people with horrible credit. and then...... it starts.......people default on housing loans, car loans, student loans (excellent article on espn.com about colleges cutting funding, stanford is a prime example), credit card bills, you name it, it took a hit, hence the job loss problem now.
its not obama's fault, its the fault of banks and creditors who clearly operated outside of their own means as well.
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