 | Bush Had 52 Months Of Uninterrupted Job Growth, Isn't That A Record | by Ayla for everyone |
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52 Months Of Uninterrupted Job Growth, Isn't That A Record YES  22NO  4I DON"T KNOW  0I CAN:T ADMIT IT  0 | ||
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Today, the Bureau of Labor Statistics released new jobs figures – 18,000 jobs created in December. Since August 2003, more than 8.3 million jobs have been created, with more than 1.3 million jobs created throughout 2007. Our economy has now added jobs for 52 straight months – the longest period of uninterrupted job growth on record. The unemployment rate remains low at 5 percent. The U.S. economy benefits from a solid foundation, but we cannot take economic growth for granted and economic indicators have become increasingly mixed. President Bush will continue working with Congress to address the challenges our economy faces and help facilitate long-term economic growth, job growth, and better standards of living for all Americans.
http://www.whitehouse.gov/news/releases/2008/01/20080104-2.html
http://www.whitehouse.gov/news/releases/2008/01/20080104-2.html
Kliphnote: All I hear is how Obama inherited a recession.
Nobody remembers that Bush inherited a recession from Clinton.
But Bush NEVER blamed Clinton. Unlike Obama.
Remember I posted this in 2008: "They don't remember "Black Friday", eighty eight years to the day that the Titanic sink, the stock market sink. April 14, 2000."
2 comments:
Nobody remembers that Bush inherited a recession from Clinton.
But Bush NEVER blamed Clinton.
Actually, you'll find if you look into it that the National Bureau of Economic Research determined that George W. Bush's first recession actually began in March 2001, the history of U.S. GDP shows that the traditional definition of recession - two straight quarters of GDP decline - was never met during either the last year of the Clinton presidency or the first of Bush's tenure.
Oh, and the "blame Clinton" thing? Are you kidding? They started that before Bush was even sworn in.
Maybe you want to revise that statement a little?
I give you the opportunity to respond but you read only what you want to.
"The DOW lost over 1000 points the last year Clinton was in office.
> And still going down.
> The NASDAQ lost over half it's value,about 2500 points, in the last
> year of Clinton.
> http://www.cbsnews.com/htdocs/economy/markets/images/dowjones.swf
> As Clinton leaves office unemployment is going up and we are heading
> into a rescission."
And you had Democrats in control of Congress the last two years Bush was in office.
But take NO blame for anything! Go figure.
"Even before President George W. Bush took office in January 2001, his surrogates began to suggest that the Bush administration was inheriting an economic recession from the Clinton administration."
Did you see "his surrogates", not Bush himself. Unlike Omama.
And you didn't need Media Matters to say this. CNN reported it was a Clinton recession at the time.
Wake up.
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