...create 250k jobs a month, every month, for the next 66 months (http://www.zerohedge.com/article/us-has-create-250k-jobs-month-66-months-return-december-2007-unemployment-end-obamas-second-).
:lol:
I'm pretty sure this is amazing. and by amazing, I mean OH GODDAMMIT WHAT THE HELL
Panhandling counts as a job right?
Yeah, well, fuck. :|
Oh, we're fucked.
Not that we didn't know this.
Blog author referred to Obama's second term as "implausible". By which I am pretty sure he means "inevitable".
This is why I don't feel too bad about having a job that's a pretty decent job for someone without a degree. (I was told that the average starting annual salary for someone with my degree was about $15,000 more than what I'm making now, two years after graduation.)
Another thing they fail to mention is that a large amount of the jobs recovered are entry level, no where near what the lost jobs were.
Quote from: Your Mom on June 04, 2011, 02:15:10 PM
Blog author referred to Obama's second term as "implausible". By which I am pretty sure he means "inevitable".
There seems to be this theme on the blogosphere among the more intellectual and less partisan segments that the 7.2%+ unemployment rate is an Iron Law of Elections, that no-one with that can EVER get a second term.
Thing is, the actual evidence shows you
can...so long as the opposition are in disarray. Roosevelt did and Reagan also did. I was worried around 2010, when the Republicans swept to victory in the House, but their Presidential race is so weak, and so designed to scare off independents, I can see it happening again.
Also
http://www.bbc.co.uk/news/business-13643716
QuoteUS employment growth slowed sharply in May, with only 54,000 net new jobs added during the month.
Markets had expected a rise of 150,000. It follows a downwardly revised but still rapid 232,000 increase in April.
Despite the slowdown, it was the eighth month in a row of positive employment growth, according to data from the US Labor Department.
President Obama acknowledged that even though the economy was growing, the US still faced some tough times.
It should be noted due to US population growth the US needs to create 150,000 jobs every month to break even. So even though these jobs were added, it was still an overall loss due to demographic pressures.
Obama's job growth appears to be only about 1/9 as severe as Hoover's.
Put that way, things sound dandy, don't they?