eXero said:Yes.
I posted this thread for the people the say Obama lowered the unemployment rate.
slack3r said:Maybe usa has the muslim problem too
eXero said: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.
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.
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