Originally posted by: MovingTarget
Originally posted by: winnar111
Originally posted by: MovingTarget
Originally posted by: winnar111
How many of those job losses were on or after Jan. 20th?
I see what you are trying to do there. Sure, go ahead and call this the "Obama Recession" and see where that gets you. Besides, for the ten and a half days Obama was first president, I'm sure he had a MAJOR impact on economic conditions. It is only now (February) that he has yet to do anything that would have effects on the job market. Wall street is irrational right now, so it figures a new president, especially one from a different party, would "spook" them. Gimme a break.
Everyone pounded on George W. from Jan 20, 2001. What goes around comes around. Remember the so called Bush recession that began in 2000?
No, we collectively called it the "dotcom bust". Bush was given the benefit of the doubt for quite a while. It wasnt' until the he and the Republican Congress started to have their policies' impact felt that we started outright blaming him. Besides, back then things were still good enough to where finding a job wasn't near as hard as it is now. It is a matter of scale. Obama hasn't really done much to affect the economy....yet. That is going to change very quickly once this "stimulus" gets passed. Your attempt at a direct comparison there is laughable.
How many statistics posted on this forum compare some statistic from Jan 20, 2001 to Jan 20, 2009? Obviously, they're claiming Governor George W. Bush had impact from day 1.