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Propaganda Debunking

In reply to the discussion: Shocking [View all]

progree

(11,589 posts)
9. "He is the most destructive president" - see my sig line where I compare Bush to Obama
Mon Jan 5, 2015, 05:40 PM
Jan 2015

Particularly jobs and payrolls EF-1 (See http://www.democraticunderground.com/111622439#post1 )

E.g. Bush's entire 8 year record: created 1.3 million payroll jobs - by creating 1.8 million government jobs and destroying 0.5 million private sector jobs. ( the actual numbers are, in thousands: Total: 1,282, Govt: 1,744, PrivateSector: -462 ). Yes, it is ironic that a supposed "small government conservative" ended up creating government jobs and destroying private sector jobs.

While Obama has gained 6.1 million jobs since the start of his presidency -- and that includes all of the jobs lost in the beginning of his presidency where he inherited an economic that lost 2.26 million jobs just in Bush's last 3 months -- an average of 753,000 lost jobs a month. If we ignored just the first 5 months of Obama's presidency -- as being job loss momentum from the Bush era -- Obama's job creation count would be 9.1 million).

Then there is the stock market - down 37% during the Bush 8 years. It has more than doubled under Obama (so much for businesses and investors not having confidence in Obama - a common rightie talking point). (See http://www.democraticunderground.com/111622439#post4 )

Then there's the dollar which supposedly has been destroyed by Obama and Federal Reserve policies

. . # Thus under G.W. Bush, the dollar index dropped 22.8%, from 110.66 to 85.38.
. . # Under Obama, it has RISEN 7.1% from 85.38 to 91.42 as of 1/5/15 close.

And that ruinous inflation? Still waiting and waiting..

Anyway, there's a lot more. I built the "DU website" in my signature line so others could have information at their fingertips -- WITH LINKS TO THE OFFICIAL SOURCES -- to counter this kind of sheer crap.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Shocking [View all] johnnylefty2000 Jan 2015 OP
I don't have much first-hand knowledge of the various denizens Jackpine Radical Jan 2015 #1
Thank you johnnylefty2000 Jan 2015 #2
WHAT!!? Jackpine Radical Jan 2015 #3
What's a Carbonari, a burned out Illuminati? TexasProgresive Jan 2015 #4
Jeez, that's a great line. Jackpine Radical Jan 2015 #5
Feel free. TexasProgresive Jan 2015 #6
My right wing family supports Bernie gwheezie Jan 2015 #7
Cool johnnylefty2000 Jan 2015 #8
What can you tell her? Curmudgeoness Jan 2015 #15
thanks johnnylefty2000 Jan 2015 #16
"He is the most destructive president" - see my sig line where I compare Bush to Obama progree Jan 2015 #9
Wow johnnylefty2000 Jan 2015 #10
I don't know. I got a financial newsletter talking about how Obama and Yellen have destroyed the progree Jan 2015 #11
Ha johnnylefty2000 Jan 2015 #12
More on that expensive Paris dinner bullshit: dollar up 9.3% vs. Euro since Obama became president progree Jan 2015 #18
The "Beware the tricks of the economic pundits out there" section of EF-0 progree Jan 2015 #13
here is how it works: KT2000 Jan 2015 #14
I couldn't believe how many websites there are Ilsa Jan 2015 #17
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