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Unemployment Under Obama

eXero

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Unemployment Under Obama

Unemployment Rate for September, 2012 - 7.8% of everyone age 16 and up.

Thats approximately 24,304,169.526 out of 311,591,917 people.

Those of you who think that unemployment is lower since Obama took office, you are wrong. It's worse than when he took office, and it reached an all-time high in October of 2009 at 10%.


Source: Bureau of Labor Statistics
Link: http://data.bls.gov/timeseries/LNS14000000

From 2004-2008, when Bush was in office, the national unemployment rate was lowering and lowering. When Obama took office in 2008, it starting rising, and peaked in October of 2009 at 10%. After that it started declining, but it is still higher now than when Obama took office.

Now some of you may say that we can't blame the unemployment rate on Obama, because of the global recession. If this is what you want to believe, then you cannot claim that because rates have lowered from 2009 until now, Obama is to take credit for this.

Remember the stimulus bill? That was signed by Obama on February 17th, 2009. The same year the national unemployment rate reached its all-time high at 10%.
Source: Wall Street Journal
Link: http://online.wsj.com/article/SB123487951033799545.html

Please stop saying Obama has lowered the national unemployment rate, when he clearly has not.
 

Adam

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The economy crashed in 2007. It started climbing right before Bush left office. Obama got the worst start to his presidency than anyone before him.
 

eXero

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Yes.

I posted this thread for the people the say Obama lowered the unemployment rate.
 

Adam

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eXero said:
Yes.

I posted this thread for the people the say Obama lowered the unemployment rate.

He obviously didn't lower it but it wasn't his fault it went up.
 

eXero

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That's what I said in OP.

"Now some of you may say that we can't blame the unemployment rate on Obama, because of the global recession. If this is what you want to believe, then you cannot claim that because rates have lowered from 2009 until now, Obama is to take credit for this."
 

Deathcrow

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Nice post, eXero. I personally am not a fan of Obama. But I am also not a republican. I like watching how people will try to defend people who represent their political party by ignoring facts and through hypocritical views. I like how you said this as well: "Now some of you may say that we can't blame the unemployment rate on Obama, because of the global recession. If this is what you want to believe, then you cannot claim that because rates have lowered from 2009 until now, Obama is to take credit for this." Smart and logical thinking right there.
 

Deathcrow

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Articles on Yahoo! always have many comments that are funny and dumb.
Here is an example:


That's some good logic right there. Everyone who doesn't like Obama must be racist because he is black! Extremely ignorant thing to say.
 

KingofKings

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I Like this I recently Watch the movie that came out about Obama Its called Obama2016
And I dont Take everything into account Because it hated on him alot as that is what the movie was for But some things in the movie point Too what he might do if he Gets Reelected if anyone isn't one sided to bad you should watch that movie and you'll see what Im talking about.
 

eXero

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No, the country will sure fail if Obama gets another term.

I heard about that movie today. I will have to look it up.
 

fes

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i am not really a fan of politics but unemployment will always be an issue in this country as long as illegals are in this country and jobs being shipped over seas for cheaper labor
 

Gogetaa

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Made me laugh

 

Adam

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Obama wasn't president in 2008.
 

Jam

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why do we not have a facepalm smilie.
Obama took office January 20, 2009, And look at when unemployment stopped rising. Oh right, January 2009. Do you not see the extremely sharp increase in unemployment from 01/08 - 01/09 (which Bush was still in office). He may not have lowered it, but he stopped it from increasing more.

Now don't say i'm an Obama lover, because i'm not. I dislike both candidates for president, and i disagree and agree with thoughts from both sides.

RONPAUL 2012
just kidding, fuck him.
 

eXero

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Obama promised a 5.0% or less by the end of his term, it's nowhere near close. Whether he took office in 2008 or 2009, it's still rising. You can't blame the rise on Bush if you can't blame it on Obama as well.
 

Jam

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eXero said:
Obama promised a 5.0% or less by the end of his term, it's nowhere near close. Whether he took office in 2008 or 2009, it's still rising. You can't blame the rise on Bush if you can't blame it on Obama as well.

Politicians promise stuff and don't abide to it because either:
A. They just lied
B. Figure out it'd be physically impossible to do.


It happens every election, you can't take a politicians word.
 

eXero

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I agree.

I am just hoping Romney can keep his word better than Obama did. So far Obama is 0 out of whoknowshowmanypromises.