Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Let's look at the numbers (private sector jobs)...
February 2008 was the first month to see job losses over 100k.
February 2008 - 136,000 LOST JOBS
March 2008 - 112,000 LOST JOBS
April 2008 - 215,000 LOST JOBS
May 2008 - 216,000 LOST JOBS
June 2008 - 231,000 LOST JOBS
July 2008 - 259,000 LOST JOBS
August 2008 - 294,000 LOST JOBS
September 2008 - 425,000 LOST JOBS
October 2008 - 480,000 LOST JOBS
November 2008 - 797,000 LOST JOBS
December 2008 - 658,000 LOST JOBS
January 2009 - 839,000 LOST JOBS
January 2009 was the bottom.
Our economy isn't soaring as fast as we would like, but the overall picture of our economy is much better now than it was when Obama took office.
For the past 31 months straight our economy has ADDED jobs.
the bleeding has stopped and a slow recovery is being seen. we all knew it was going to be a long hard road over several years. no need to switch drivers at this point
Let's look at the numbers (private sector jobs)...
February 2008 was the first month to see job losses over 100k.
February 2008 - 136,000 LOST JOBS
March 2008 - 112,000 LOST JOBS
April 2008 - 215,000 LOST JOBS
May 2008 - 216,000 LOST JOBS
June 2008 - 231,000 LOST JOBS
July 2008 - 259,000 LOST JOBS
August 2008 - 294,000 LOST JOBS
September 2008 - 425,000 LOST JOBS
October 2008 - 480,000 LOST JOBS
November 2008 - 797,000 LOST JOBS
December 2008 - 658,000 LOST JOBS
January 2009 - 839,000 LOST JOBS
January 2009 was the bottom.
Our economy isn't soaring as fast as we would like, but the overall picture of our economy is much better now than it was when Obama took office.
For the past 31 months straight our economy has ADDED jobs.
ans how many of these jobs are part time or are being taken by people who are underemployed? Why don't you see how strong the economy was before the Dems took over the housese in 2006 I believe? What about tthe GNP and what about the housing market? It should have had a complete turn around with interest rates below 4%? Has the economy improved? Yes, a little, it almost had too, has our Pres done even close to what he said he would? Absolutlely not...
The housing market is coming back - more so in the states that got hit with the housing bust early on - such as Florida. In Florida, home sales have increased for a least a year, prices have increased and new housing developments are building brand new homes at a decent pace. There is an influx of job ads for contruction related jobs such as contractors/superintentants, roofers, plumbers, electricians, etc.
The global economic predictors have been revised down...as well as the US indicators for QT1 of 2013. I'm also skeptical about the stock markets/housing markets performance. The performance IMO is a little artificial and typically goes with any liquidity injections or talks of said injections (qe3). However sustained growth or performance out of said injections are typically artificial and temporary. The theory is that injections of capital will increase the value of assets like stocks or homes (and they do temporarily) causing those that hold these assets to spend more freely. The issue is that this theory hinges on the irrationality of market players, specifically those that hold these assets. It would be irrational to extend oneself because of this new found value because the cause of it's spike isn't permanent. The injections are finite and will eventually go away...and so goes the value of whatever they artificially inflated. Now, I know this is a very basic explanation but fundamentally I just don't think the crisis is over yet. I think a lot of been done to stop the bleeding but a lot of pro growth reform is needed. A good economist and better man I once knew (Economics professor of mine at Univ of Virginia) equated QE injections to icy hot on a broken back. It may feel good for a bit but your back is still broken.
This is how the economy is affecting me. I'm paying $1700 more per year for gasoline since Obama took office, and you want me to be happy?
You must have forgotten the summer of 2008 when gas prices under the Bush administration hit an average of $4.21 a gallon. This was months before Obama got elected.
This is how the economy is affecting me. I'm paying $1700 more per year for gasoline since Obama took office, and you want me to be happy?
LOL, do you really think gas is going to go down if Romney takes office? Gas prices are here to stay. Buy a ****ing hybrid or shorten your commute.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
