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Obama Claimed That Most Job Loss Came Before His Policies; Politifact Claims He’s Right

» 63 comments

When President Obama appeared on The Daily Show Wednesday night, he made a claim that may have caused some viewers to take pause. “Most of the jobs that we lost were lost before the economic policies we put in place had any effect,” Obama told Jon Stewart.

But Politifact, the St. Petersburg Times‘s Pulitzer Prize-winning fact-checking operation, has taken a closer look at the President’s statement—and found that it holds up.

Here’s a timeline of our nation’s climbing unemployment, according to Obama: “We lost 4 million jobs before I was sworn in; 750,000 the month I was sworn in; 600,000, the month after that; 600,000 the month after that.” Politifact examined those numbers and discovered that BLS data corroborates Obama’s assertion:

Looking at BLS data on seasonally adjusted non-farm employment from December 2007, when the recession officially began, to January 2009, the month before the stimulus was enacted (a 25-month period), the jobs number declined by 4.4 million. So Obama’s first number was right, although he could have been clearer about the time frame.

When he refers to his economic policies, we presume he is referring to his main economic stimulus, the American Recovery and Reinvestment Act. It passed in February 2009, but it took several months before the impact of its spending was felt in the economy.

Job loss didn’t stop, but Obama is right that it slowed down. In the 19 months from February 2009 through September 2010, the month of the most recent preliminary data, the overall job decline in the private and public sectors was 2.6 million. And the number of jobs lost per month has declined from around 700,000 a month at the beginning of the administration to months in which there were small net gains. Since May, however, the losses — albeit smaller ones — have returned, giving Republicans fresh ammunition. For example, payroll employment dropped 57,000 between July and August 2010.

It’s debatable how well Obama’s economic policies have worked to pull our country out of the recession. What isn’t debatable, though, is the fact that the President inherited a real mess, one that spiraled before his policies could have an effect either way.

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  • Pablo

    What isn’t debatable, though, is the fact that the President inherited a real mess, one that spiraled before his policies could have an effect either way.

    TARP was his policy too. In fact, when Harry Reid saved America, he did it with Barack Obama’s vote.

  • Pablo

    Looking at BLS data on seasonally adjusted non-farm employment from December 2007, when the recession officially began, to January 2009, the month before the stimulus was enacted (a 25-month period), the jobs number declined by 4.4 million.

    Politifact would help themselves greatly if they had an editor and/or someone who knows how to count. Dec 07 to January 09 is a 13 month period, not a 25 month period.

  • dhg

    How much job growth took place after his policies?You can’t ask one question without the other.

    Even if you accept the cop out inherited idea,how it was responded to has been a total failure.

    One caused by the administration and dem controlled congress through lack of focus on what really needs to be focused on and through massive political opportunism as politicians raced to use the situation in this country for their own benefit.

  • dummy123

    Bush’s fault?? I knew it!
    What about Cheney…Fox-news….witches?

  • dummy123

    The American people, the US economy are frightened by Socialism.

  • ROCKSTEADY

    dhg said:
    cop out inherited idea

    This is not an idea, this is fact.Each new president inherites something from their predecessor.Be it a surplus or a recession.

  • Hugo Daun

    Politifact…biased…lamestream media…socialist…Obama…liar….teleprompter….racist bigot muslim….fair and balanced.

    I’m practicing how to be a conservative pundit…FNC, here I come!

  • More Liberty

    “It’s debatable how well Obama’s economic policies have worked to pull our country out of the recession. What isn’t debatable, though, is the fact that the President inherited a real mess, one that spiraled before his policies could have an effect either way.”

    I think this is a very reasonable statement – and true. Of course it would be a very different story when discussing control of congress, which took place in ’06. I’d like to see the numbers on that.

  • Seeing November From My Window

    Hugo Daun says:
    Politifact…biased…lamestream media…socialist…Obama…liar….teleprompter….racist bigot muslim….fair and balanced.

    I’m practicing how to be a conservative pundit…FNC, here I come!

    I’m guessing you have a face that would be better for radio.

  • More Liberty

    I think this topic should then lead into why Obama has pretty much continued President Bush’s policies.
    -Patriot Act re-signed
    -Gitmo – Still open
    -Debt – Increased
    -Deficit – Increased
    -Double down on Afghanistan

    The fact is, regardless if you partisans admit it, these two parties are fairly similar. They both are debt/deficit whores, and corporatists that bailout huge corporation with tax dollars taken from Americans.

  • Hugo Daun

    Michelle from Utah/soccermom/Seeing November From My Window/ insert new name here said:
    I’m guessing you have a face that would be better for radio.

    No matter how much you flirt, you’ll have to get used to the fact that I’m just not into you…

  • TfT

    Obama was a member of the democrat led congress that caused this mess to begin with. Pinning the rose on Bush is outdated. Every President inherits the circumstance of the day, but only hehimself is a finger-pointer. For shame, the manchild needs to man up.

  • Hugo Daun

    TfT said:
    Every President inherits the circumstance of the day, but only hehimself is a finger-pointer.

    YEAH! Only [insert retarded coined moniker for Obama] plays the blame game!

    http://videocafe.crooksandliars.com/heather/blame

  • whytee

    Pablo said:
    TARP was his policy too. In fact, when Harry Reid saved America, he did it with Barack Obama’s vote.

    That’s a fair statement. I was and continue to be against TARP. I believed and still believe that Wall St. should pay for its own greed and that money should have come directly out of those firms that profited immensely from mortgaged backed securities, which is the engine that drove this crisis.

    Interestingly, one of those to vote against it was Bernie Sanders, a Democratic Socialist and my hero in the Senate.

  • whytee

    More Liberty said:
    “It’s debatable how well Obama’s economic policies have worked to pull our country out of the recession. What isn’t debatable, though, is the fact that the President inherited a real mess, one that spiraled before his policies could have an effect either way.”

    I think this is a very reasonable statement – and true. Of course it would be a very different story when discussing control of congress, which took place in ‘06. I’d like to see the numbers on that.

    Well, considering that the GOP filibustered more than any other Congress in U.S. history–negating the concept of majority rule–and Dems compromised on legislation to a fault (i.e. tax cuts in the stimulus rather than more money to states), I think that idea too is debatable.

  • whytee

    I think it’s important to note that U.S. hemorrhaging jobs is something that has been happening since Reagan, turned up to 11 by NAFTA, GATT and the WTO. No one in the corporate media will talk about tariffs but the fact remains that tariffs served our manufacturing base for 150 years (until Reagan). We used to be the largest exporter of finished goods in the world, now we’re the largest importer of finished goods in the world. We used to be the largest creditor nation in the world, now we’re the largest debtor nation in the world. The turning point was the Reagan administration, but even Jimmy Carter and Bill Clinton drank the “free market” kool-aid. These trade policies ONLY benefit the elite; they destroy the country that allows them.

  • VRWC Destruction Machine

    Obama is shielding the fact before the Pelosi-Reid Congress. of which Obama was a member, took charge unemployment was at 4.6%. What Obama is trying to do is to make people forget that his administration told Americans unemployment wouldn’t go over 8% if the Stimulus Bill passed. Obama was the “Crisis” President. Next Tuesday the Democrats have a real crisis. The voters will be deciding Pelosi-Reid lived up to their hype of 2006.

  • The_Reasonable_Lib

    Politifact sh*ts on conservative talking points again. Shall we have another open forum house republicans? Let’s have the cameras rolling again. Fox will probably cut away again.

  • The_Reasonable_Lib

    Hugo Daun said:
    Politifact…biased…lamestream media…socialist…Obama…liar….teleprompter….racist bigot muslim….fair and balanced.

    I’m practicing how to be a conservative pundit…FNC, here I come!

    Spot on I say!!!!

  • whytee

    VRWC Destruction Machine said:
    Obama is shielding the fact before the Pelosi-Reid Congress. of which Obama was a member, took charge unemployment was at 4.6%. What Obama is trying to do is to make people forget that his administration told Americans unemployment wouldn’t go over 8% if the Stimulus Bill passed. Obama was the “Crisis” President. Next Tuesday the Democrats have a real crisis. The voters will be deciding Pelosi-Reid lived up to their hype of 2006.

    I think there would be more jobs coming if the GOP hadn’t filibustered a bill that would punish companies that send white collar jobs to people making pennies a day in India or other third world country, and reward companies that bring those jobs back to the US of A. They filibustered it along party lines, along with a few ConservaDems. This is the kind of legislation that is needed to slow the hemorrhaging of jobs here. As long as corporations can get tax giveaways for the “expense” of closing up shop here and moving their whole operation overseas, the bleeding will not stop.

  • beamangrow

    I know most of you commenting here are good people,but if you try to reject facts it makes you look stupid.

  • Hawk11

    Pablo said:
    TARP was his policy too. In fact, when Harry Reid saved America, he did it with Barack Obama’s vote.

    Nice try. Over and over again the righties try to blame TARP on Obama.

    From Wikipedia…

    The Troubled Asset Relief Program, commonly referred to as TARP, is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector which was signed into law by U.S. President George W. Bush on October 3, 2008. It is the largest component of the government’s measures in 2008 to address the subprime mortgage crisis.

    Thank not have regulation in the banking system at the time for this.

  • beamangrow

    dummy123 says:
    October 29, 2010 at 10:30 am dummy123(Quote)
    4 9
    Bush’s fault?? I knew it!
    What about Cheney…Fox-news….witches?

    yes it is bush`s falt and cheney,and fox news.why did i include foxnews? there was an economist trying to sound the alarm before all this,but because bush was in office and foxnews been a rght wing nut channel,they will not let the economist get a word in during the discussion. sean hannity was the one doing that interview. if
    you cant handle simple facts,then why do you comment at all.

  • Hawk11

    VRWC Destruction Machine said:
    Obama is shielding the fact before the Pelosi-Reid Congress. of which Obama was a member, took charge unemployment was at 4.6%. What Obama is trying to do is to make people forget that his administration told Americans unemployment wouldn’t go over 8% if the Stimulus Bill passed. Obama was the “Crisis” President. Next Tuesday the Democrats have a real crisis. The voters will be deciding Pelosi-Reid lived up to their hype of 2006.

    This really gets to me. Neither congress, nor any President is responsible for job loss. The private sector is responsible when jobs get shipped overseas, or a $500 million to $5 billion dollar profit isn’t enough for board of directors of companies to split up so they lay people off.

    What republicans in the house and senate (not the common republican voter) do not want is any industry to be regulated. Regulation costs more for companies because they have to pay to remain complaint to rules that keep them honest, and keeps their employees safe. So instead of paying what it would cost to keep themselves honest, and keep their employees safe, they send the money to lobbyists to bring to Washington. These lobbyists then hang money and future favors over our politicians.

    The plain truth of it is that many of our elected officials have side jobs, and that is working for the companies that are sponsoring their campaigns, their political action committees, and their future when they are out of office.

  • Hawk11

    Regulation costs more for companies because they have to pay to remain complaint to rules that keep them hones…….

    compliant, not complaint.

  • crclarkNY

    Polifact may have verified the numbers, but they mean nothing in isolation. What’s missing is the number of jobs created during the same periods and the unemployment rates, the latter showing the net effect of job loss/creation. The 2006 and 2007 unemployment rate was 4.6% for both years. In 2008, it was 5.8%. In 2009, it crept up to the rates we see it at now (above 9%). So during the previous administration, there was enough growth to off-set the job loss. While it’s fair to say Obama inherited the mess in the mortgage market and the results of ridiculous banking practices, he has been unable to stimulate growth.

  • http://www.facebook.com/people/Jonathan-Scott/654124552 Jonathan Scott

    Of course this is right, President Obama is trying to pull the car out of the ditch that the Republican and George W. Bush wrecked and the Republicans are now complaining about the cost of the tow truck. People who read and actually do things other than listen to everything Fox or Mediaite tell them already knew this was true and didn’t need Politifact to tell them. But it is great that more teabaggers know now.

    Bush did it.

  • Jim DeMint started the recession

    Seeing November From My Window said:
    Hugo Daun says:
    Politifact…biased…lamestream media…socialist…Obama…liar….teleprompter….racist bigot muslim….fair and balanced.

    I’m practicing how to be a conservative pundit…FNC, here I come!

    I’m guessing you have a face that would be better for radio.

    I have noticed a growing trend among Mediaite Teabag Trolls or as I like to call them the MTT. I have noticed a lot of them are commenting on the way people look physically, I have read about 4 of these comment in the past day. So I guess my question to this person and all the others who are using this tactic is. “Where is your picture then beautiful”. Because if you are going to call people ugly without producing a photo then you are going to look even stupider than you already appear to sane people who read this website.

    There was a particular MTT yesterday whose first comment was on the way Joy Behar looked and this guy actually had an avatar with his picture on it and he looked like Dale Earnhart’s retarded brother. He got made fun of by other teabaggers for it as well. So I guess my warning to November from my window and all other teabaggers who want to talk about peoples physical appearance. Be prepared to show your own picture, or shut the fuck up ugly.

    I have seen teabagger rallies, most of them look like emergency rooms, the people are so broke down and trollish. So I am ready so see some hot teabaggers who post on Mediaite.

  • http://sharethisurlaboutglennbeck.com/ GlennBeckReview

    Pablo, who prides himself on sheer ignorance says:
    “TARP was his policy too. ”

    TARP was passed when Bush was a lame duck. Obama came in and made sure that we, the people, got most if not all when it’s over, of our money back. Ohhh, what a “socialist” he is.

    Without TARP, we’d be in a deep depression by now. It was one of the most successful bailout programs ever, despite how unpopular it was. I hated it, but I could see that without it, the US Chamber of Commerce, who was arguing strongly FOR it, would have been correct. The proverbial dung would have hit the fan.

    Got any more ignorant statements you care to share with us Pablo?

  • VRWC Destruction Machine

    whytee said:
    I think there would be more jobs coming if the GOP hadn’t filibustered a bill that would punish companies that send white collar jobs to people making pennies a day in India or other third world country, and reward companies that bring those jobs back to the US of A. They filibustered it along party lines, along with a few ConservaDems. This is the kind of legislation that is needed to slow the hemorrhaging of jobs here. As long as corporations can get tax giveaways for the “expense” of closing up shop here and moving their whole operation overseas, the bleeding will not stop.

    The filibustured bill had nothing to do with white collar jobs. The bill was about manufacturing jobs. The tax code should not be used to punish companies. That would set a dangerous precedent. That would be fascist. Couldn’t the bill be written without the punishment aspect? Cheap labor overseas is not the only culprit. It’s the tax code here that makes it hard for a business to do business here. More than three-quarters of outward US manufacturing investment goes to other rich, developed economies like Canada and the European Union. That’s where they find the wealthy customers, skilled workers, open markets, efficient infrastructure and political stability to operate profitably.

  • J Baustian

    There’s another way to look at this — Americans looked at Barack Obama, looked at the policies he was proposing, saw that he was surging in the polls in September 2008, and anticipated the bad economic consequences of those policies.

    Recall that John McCain got a slight bump out of the GOP convention — but that bump disappeared the very same week that the economy went into freefall. The question is, was this coincidence or consequence? Did one cause the other, and if so then which was the cause and which was the effect?

    But the fact remains, businesses began slashing their expenses and their payrolls immediately, without waiting to see whether the recession was going to be deep or shallow? At least part of these reductions in employment had to be in anticipation of an Obama presidency and the negative consequences of his policies.

    Lastly, we have seen a rally in the stock market over the last few months, as the markets anticipate a Republican victory on Election Day. Market participants recall the surge in stock and especially bond markets following the GOP victories in November 1994.

    So, it does not matter when Obama’s policies went into effect — the economy tanked because of Democrat control of both the presidency and the Congress and expectations of what they would do once in power.

  • whytee

    VRWC Destruction Machine said:
    The filibustured bill had nothing to do with white collar jobs. The bill was about manufacturing jobs. The tax code should not be used to punish companies. That would set a dangerous precedent. That would be fascist. Couldn’t the bill be written without the punishment aspect? Cheap labor overseas is not the only culprit. It’s the tax code here that makes it hard for a business to do business here. More than three-quarters of outward US manufacturing investment goes to other rich, developed economies like Canada and the European Union. That’s where they find the wealthy customers, skilled workers, open markets, efficient infrastructure and political stability to operate profitably.

    I’ll cede the white collar jobs thing–a brain misfire–but:

    The tax code has been manipulated to FAVOR and PROMOTE eliminating jobs here in the U.S. and creating jobs overseas. So, the tax code is already–due to lobbying and loopholes in place during the GOP congress and Bush days–punishing companies, but it’s punishing companies that manufacture here and employ Americans.

    The Creating American Jobs and Ending Offshoring Act would eliminate tax breaks that corporations claim in the process of sending U.S. jobs overseas–in other words, their costs to shut down U.S. plants and reopen them overseas with cheap labor. It would also close the loophole that allows them to defer taxes they pay on the income of their foreign subsidiaries, which is a MAJOR problem. You see how this works? HP opens a subsidiary in China, gives it a corporate headquarters in Dubai, the Cayman Islands or Switzerland, generates profits through its Chinese subsidiary but pays no price for importing the goods from China or tax liabilities on its profits.

    In other words, these are INCENTIVES for corporations to move their factories to slave labor countries and the only beneficiaries of this policy are billionaire CEOs and shareholders.

    This bill would also have given companies a break on payroll taxes for employees here in the United States if those U.S. jobs were the result of moving production from overseas back home. This is an INCENTIVE to create jobs here in the U.S. instead of China or wherever.

    The Republicans filibustered this important bill to a man, with the help of a few ConservaDems. I think it’s anti-America.

    Your next point:

    VRWC Destruction Machine said:
    It’s the tax code here that makes it hard for a business to do business here. More than three-quarters of outward US manufacturing investment goes to other rich, developed economies like Canada and the European Union. That’s where they find the wealthy customers, skilled workers, open markets, efficient infrastructure and political stability to operate profitably.

    Even though the corporate tax here is 35%, most businesses don’t pay this rate. Corporations pay more like 17%, with some megacorporations paying ZERO dollars into the U.S. treasury, so that meme is false.

    Secondly, I’ll give you the “wealthy customers” part, but I’m pretty sure you’ve got it wrong in terms of manufacturing. Yeah, you need all those aspects for high end products–like German cars, for example–but the basic manufacturing of things like clothes, toys, various parts and components, etc. go to slave labor countries.

    And putting “open markets” in the same sentence as “skilled workers,” efficient infrastructure” and “political stability” is a little far-fetched. I’d like to see that aspect backed up. When you say “open market,” what are you talking about? European markets are only open to the bleeding edge of their trade agreements. They have strong protections in place for their manufacturing base; they have efficient infrastructure and skilled workers because their high corporate taxes allow them to give free education and free or non-profit healthcare to their people. If you’re talking about political stability, China is a communist dictatorship. It’s stable because dissenting voices are jailed. And even China doesn’t have an “open market” as you probably imagine. It has 30% tariffs on most imports.

  • whytee

    I would add that this bill is modest relative to what needs to be done to shore up our economy and reduce the trade deficit with China, but at least it was something. At least the Democrats are TRYING to deal with the wreckage brought on by “free market” monopoly capitalism. When the GOP filibusters a bill like this and the media opts out of covering it in any substantive way, that tells me one thing: neither gives two $#!&s about job creation and a healthy U.S. economy that’s not based on desperation or debt.

  • ksecus

    Repubs hate facts. They want to pin this on us Dems despite the fact that we inherited this fiasco fom Bush. Give us 8 years and we will make this economy as great as the last great economy of Bill Clintons. Besides Clinton created more jobs than Bush SR, Bush Jr. and Reagan COMBINED!!!! Theres another fact they would like to hide,,,hehe

  • http://www.facebook.com/people/Richard-McGinnis/100000472625231 Richard McGinnis

    “But Polifact, the St. Petersburg Times’s Pulitzer Prize-winning fact-checking operation, has taken a closer look at the President’s statement—and found that it holds up.”

    Nobody can argue with the facts, except tea baggies… Smile :-)

  • http://www.facebook.com/people/Richard-McGinnis/100000472625231 Richard McGinnis

    TARP was passed by George W. Bush in 2008…

  • Nachi

    RayGun & the 2 alcoholic BushDrunks & their mindless supporters have all but destryed the entire Nation & it’s aspects. The edidence is all there – and the evidence does not lie. Meanwhile, in their continuing gross ignorance & lack of reality, the goose-stepping Wingnuts of conformity march on blindly. Read their vomitus above & below.

  • http://sharethisurlaboutglennbeck.com/ GlennBeckReview

    Nachi says:
    “RayGun & the 2 alcoholic BushDrunks & their mindless supporters have all but destryed the entire Nation & it’s aspects.”

    That’s not true. The super-wealthy and the working poor are both increasing in numbers. It’s “only” the middle class that has been devastated.

  • gar

    People have to understand how business works. When you’re hit with a downturn at the end of 2008, you need to make the necessary adjustments. You cut costs and streamline the business especially when you’re sitting with extra inventory and no buyers. You lay off more people than you need to and hire back later in the year. Especially in manufacturing when times get better. That’s why you saw huge numbers of unemployed between Nov. 2008 and Feb.2009. If the stimulus had any effect we should have seen job growth in the middle of 2009 considering most business people were already running bare bones.We didn’t get that bounce because the economy was worse than we thought and stimulus wasn’t the cure all. The reason Obama needs to pay the piper is because he opened his big fucking mouth and told us to rush through stimulus and unemployment would stay under 8%. Sometimes it’s better to remain silent and be thought a fool than to open one’s mouth and remove all doubt.This is also meant for J. Scott who slams people for making fun of people’s looks without them having an avatar and then promptly does the same thing to Tea Party people. Funny, I don’t see your beautiful face.

  • http://sharethisurlaboutglennbeck.com/ GlennBeckReview

    gar says: “The reason Obama needs to pay the piper is because he opened his big fucking mouth and told us to rush through stimulus and unemployment would stay under 8%. ”

    By “pay the piper” you mean electing reactionaries who will shut down the gov’t as tea party candidates are saying they might do it they don’t get their way and/or impeaching Obama as one has said he will do?

    When Obama made his case for the stimulus package, he was underestimating this recession. That error of judgment doesn’t hold a candle to Bush invading Iraq for no damn good reason, and he was re-elected.

  • rshaw

    I remember when TARP was first rolled out, I remember thinking how odd it was the Speaker Pelosi, Chuck Schumer and Harry Reid were its biggest cheerleaders. How strange that such liberal politicians are jumping at the chance of bailing out Wall St. and big banks. I assumed that knew Obama was going to be elected and that would be their opportunity to control who the winners and losers would be in the meltdown.

    Obama and the democrats promised “green jobs” .. i don’t hear much talk of that these days. The “stimulus” bill was basicaly a cash payment to state governments to keep them from laying off public workers for a year or two. That has come and gone. Obama proclaimed that ” We can’t fix the economy without fixing healtcare first” Well .. this wasn’t health care reform, it was health care expansion the only reform part is trying to figure out who is going to pay for it. It got shoved down our throats inspite of its unpopularty and lack of bi-partisan support. I don’t see how that helps the economy. And i don’t hear or see any other economic plans coming from the democrats. Thank God!!

  • Jelperman

    More dishonest bullshit from Mediaite. Either the figures given by Obama are true or they’re not true. The Bureau of Labor Statisics says they are. Teabaggers say they aren’t. Since Teabaggers are by and large ignorant, lying racist fuckwits, the BLS is right.

  • JamesA1102

    Watch out Ms. Busis, most of the commentors here (and some of the reporters) really don’t like facts.

  • VRWC Destruction Machine

    whytee said:
    The tax code has been manipulated to FAVOR and PROMOTE eliminating jobs here in the U.S. and creating jobs overseas. So, the tax code is already–due to lobbying and loopholes in place during the GOP congress and Bush days–punishing companies, but it’s punishing companies that manufacture here and employ Americans.

    Why can’t the tax code be changed? Didn’t Obama campaign on change?

    whytee said:
    The Republicans filibustered this important bill to a man, with the help of a few ConservaDems. I think it’s anti-America.

    It was filibustered because it used the tax code to punished companies for using the loopholes in the tax codes. Using loopholes isn’t against the law. Using the tax code to punish companies is fascist. Something you did not address. The filibuster has been part of the American political system since the 1800s. So you could lay that thought it is anti-American to rest. Using tax code to punish is fascist. Fascist policies are anti-American.

  • FearMonger

    crclarkNY said:
    Polifact may have verified the numbers, but they mean nothing in isolation. What’s missing is the number of jobs created during the same periods and the unemployment rates, the latter showing the net effect of job loss/creation. The 2006 and 2007 unemployment rate was 4.6% for both years. In 2008, it was 5.8%. In 2009, it crept up to the rates we see it at now (above 9%). So during the previous administration, there was enough growth to off-set the job loss. While it’s fair to say Obama inherited the mess in the mortgage market and the results of ridiculous banking practices, he has been unable to stimulate growth.

    Spot on. Where are the specifics? The usual suspects are quick to say “teabaggers don’t like facts” but but but….. what ‘facts’ are we talking about here? Good grief people. Before you go and play the IGNORANT CARD you should at least try to scratch the surface. Are you all really so desperate to trumpet a nugget of not-as-bad-as-it-looks spin that you are willing to toss every iota of skepticism and critical thinking out the window …. just so you can say “BUSH DID IT ” for the gazillionth time?

    Here’s something for you big-brain leftwingers to find out for yourselves. Who wrote the 2007 and 2008 budgets? And just guess which freshman senator voted for both of them….

    Something else for the BBLW’s to ponder…. didja even consider that there may have been a reason why Politifact (and the Prez) used such broad generalizations? Like…. maybe…. the very next qualifier that arises when we talk about “JOBS” is are they private/ public sector, right?

    Anybody care to elaborate on that point? I led you straight to the water…. will you drink? Do you care to seek to seek the truth or are you content to just keep saying stupid shit like this…..

    Nachi said:
    The edidence is all there – and the evidence does not lie.

    Richard McGinnis said:
    Nobody can argue with the facts, except tea baggies… Smile :-)

    ksecus said:
    Repubs hate facts.

    Jim DeMint started the recession said:
    I have seen teabagger rallies, most of them look like emergency rooms

    beamangrow said:
    I know most of you commenting here are good people,but if you try to reject facts it makes you look stupid.

    _________________________

    Yeah beamangrow… kinda like this “fact” pointed out by Pablo….

    Pablo said:
    Politifact would help themselves greatly if they had an editor and/or someone who knows how to count. Dec 07 to January 09 is a 13 month period, not a 25 month period.

    Not to mention the many many times POLITIFACT was spelled ‘polifact’ right here on this thread (starting with the original article). It was clear that Politifact was on a mission to claim that what the Prez said was true….. hell, they even said “we found a match”. LMAO!!

    With all the talk of ‘the compexity of todays issues’ and the constant drumbeat of ‘teabaggers are too stoopid to understand’ I find it highly ironic that NOT ONE of the usual suspects has scrutinized this EVEN A LITTLE BIT.

    Especially since the only way to convince yourself of the premise is to look at it in ONLY the most superficial way possible.

  • whytee

    VRWC Destruction Machine said:
    Why can’t the tax code be changed? Didn’t Obama campaign on change?

    It was filibustered because it used the tax code to punished companies for using the loopholes in the tax codes. Using loopholes isn’t against the law. Using the tax code to punish companies is fascist. Something you did not address. The filibuster has been part of the American political system since the 1800s. So you could lay that thought it is anti-American to rest. Using tax code to punish is fascist. Fascist policies are anti-American.

    So, if the tax code currently punishes companies that DO NOT outsource and rewards companies that do, that’s not fascist. But if these tax loopholes are taken away to help shore up job growth in the U.S., which is essential to the economy, that’s fascist?

    I don’t know if you’re naive or a paid shill (it’s getting to tell anymore), but the fact is that big corporations have been manipulating the tax code through their lobbying activities to punish companies (usually their competition) for decades. This is the reason why so many multinational corporations pay no taxes in the U.S. in spite of making full use of our taxpayer-subsidized government, courts, infrastucture, educated workforce, etc. They lobby for special tax loopholes, giveaways and subsidies and more often than not they get them. When billions in corporate welfare goes out to these huge corporations and their billionaire CEOs, someone has to pay for the hole that leaves in the budget, and that’s us. We pay their way. We pay for the roads they use, the public education of the Americans on their payroll, the court systems they make outsized use of, the postal service, the internet, scientific research, etc. etc. ad infinitum.

    We the people DON’T HAVE multi-million dollar lobbying budgets to get any special treatment, so you are most likely paying more Federal taxes than GE, Exxon Mobil and Bank of America COMBINED!

    This piece of legislation would have put a modest dent on the highway robbery that’s going on in this great country, and you’re spending your personal time and energy to crusade on behalf of corporations that don’t give two $#!&s about you (unless you’re working for their PR firm) or this country. They don’t even consider Americans as consumers anymore since they’re trying to access consumers in the booming economies of China and India. If we don’t begin to rein in this runaway off-shoring and tax evasion, our children and grandchildren WILL be forced to live in a third world country where people are desperate enough to work for pennies a day.

  • gs1432

    Job loss before Obama delt with banking mortgage companies etc. B O economic staff said pass the stimulis and unemployment will not go above 8% remember!!!. There have been more job loss during the last two years.The expired tax codes are not going to help companies either. They will run on limited employees.

  • gar

    GBR, only someone who is delusional could stretch that “paying the piper” means the Tea Party overtaking the government and impeaching the president. Are you afraid of grandma and the dentist? Too many people give Obama a pass on all his mistakes. Just on the stimulis package alone, the expedience factor and shovel ready jobs that he knew didn’t exist. He didn’t underestimate the recesssion, he overestimated his own abilities. BTW when does the blame Bush days end with you?

  • TheseCommentsSuck

    Jonathan Scott said:

    There was a particular MTT yesterday whose first comment was on the way Joy Behar looked and this guy actually had an avatar with his picture on it and he looked like Dale Earnhart’s retarded brother. He got made fun of by other teabaggers for it as well. So I guess my warning to November from my window and all other teabaggers who want to talk about peoples physical appearance. Be prepared to show your own picture, or shut the fuck up ugly.

    you must be new here dipshit, that avatar is royal kings picture.

  • roxsteady

    These facts really piss you baggers off don’t they? HA!

  • Alz

    A lot of companies started dumping jobs as it became clear that Obama would win – about 1.5 to 2 months before the election.

  • Alz

    rshaw said:
    And i don’t hear or see any other economic plans coming from the democrats.

    It’s because things are going as planned. Read up on Cloward-Piven.
    See http://www.google.com/#sclient=psy&hl=en&site=&source=hp&q=cloward-piven+strategy&aq=f&aqi=g4g-o1&aql=f&oq=&gs_rfai=&pbx=1&fp=2304850557947867

  • Pablo

    FearMonger said:
    Yeah beamangrow… kinda like this “fact” pointed out by Pablo….

    I can’t help but notice that garnered 16 thumbs down. How do you argue with people who can’t tolerate math?

    Good post, Mr. Monger.

  • jrcmi

    “I’m guessing you have a face that would be better for radio.”

    Yours would be better on the moon . . . the FAR side . . . so there!

    “I have noticed a growing trend among Mediaite Teabag Trolls or as I like to call them the MTT. I have noticed a lot of them are commenting on the way people look physically,”

    When they have nothing of substance to say (which is often) they resort to personal attacks (which is also often, sadly). I was kidding when I took that “moon” shot.

    “Without TARP, we’d be in a deep depression by now. It was one of the most successful bailout programs ever, despite how unpopular it was. I hated it, but I could see that without it, the US Chamber of Commerce, who was arguing strongly FOR it, would have been correct.”

    The U.S. (?) Chamber is now funding campaign ads AGAINST Dems who voted for TARP and saved Chamber members’ collective arses. Ungrateful, un-American hypocrites.

    “only someone who is delusional could stretch that “paying the piper” means the Tea Party overtaking the government and impeaching the president. ”

    Delusional? Bull. Daryl Issa (R-CA) and Michele Bachmann (R-MN) have ALREADY promised investigations of the administration if the Republicants take back the House. How better to help distract the public from the fact that they intend to do little or nothing for us?

    BTW: It’s the Democrat-IC Party. I have some fun with the “Republicant” Party, but some of you are displaying both bad grammar and a degree of ignorance.

    Progressive radio host Thom Hartmann (thomhartmann.com) suggests we return to a tariff-based trade system. Tariffs entirely funded the government for well over a century. Other countries use tariffs to limit U. S. imports; why shouldn’t we do the same here, again?

    Foreign cars come here with a 2% tariff, on average. U. S. cars going into China have a 20-PLUS % tariff tagged on.

    http://www.RepubliCorp.us

  • More Liberty

    whytee said:
    Well, considering that the GOP filibustered more than any other Congress in U.S. history–negating the concept of majority rule–and Dems compromised on legislation to a fault (i.e. tax cuts in the stimulus rather than more money to states), I think that idea too is debatable.

    You are very ignorant to the actual facts. Siince the majority of Obama’s time in office, he had a filibuster proof Senate. And has had majorities every single day. You are just giving excuses for their failures.

  • More Liberty

    whytee said:
    This is the kind of legislation that is needed to slow the hemorrhaging of jobs here. As long as corporations can get tax giveaways for the “expense” of closing up shop here and moving their whole operation overseas, the bleeding will not stop.

    That’s a falicy . More important is the fact that the USA has the highest tax rate for corporations. No wonder they leave the USA.

  • VRWC Destruction Machine

    whytee said:
    So, if the tax code currently punishes companies that DO NOT outsource and rewards companies that do, that’s not fascist. But if these tax loopholes are taken away to help shore up job growth in the U.S., which is essential to the economy, that’s fascist?

    That is not punishment. That’s like saying giving tax cuts to all taxpayers is punishing the poor. It is clear you do not understand using tax code to punish, and that’s using your own words, is fascist. TAX CODE IS NOT USED FOR PUNISHING. That’s what fines are use d for.

    whytee said:
    I don’t know if you’re naive or a paid shill (it’s getting to tell anymore), but the fact is that big corporations have been manipulating the tax code through their lobbying activities to punish companies (usually their competition) for decades.

    If it’s in the tax code, where’s the illegality? If it’s in the tax code, it got there somehow. Maybe it’s due to Congress putting it there. Competition in business is a reality. It is the American way. The global economy is with us today and it is something government hasn’t caught up with.

    whytee said:
    When billions in corporate welfare goes out to these huge corporations and their billionaire CEOs, someone has to pay for the hole that leaves in the budget, and that’s us. We pay their way. We pay for the roads they use, the public education of the Americans on their payroll, the court systems they make outsized use of, the postal service, the internet, scientific research, etc. etc. ad infinitum.

    Just admit it. This a government made issue. You think the solution to this issue is more government. The solution is to cut the maze of bureaucracy because people will always find shortcuts in the system and can’t blame people for finding those shortcuts. It’s like a transaction between a buyer and seller. To get a better price, it’s best to cut out the middle man.

    whytee said:
    This piece of legislation would have put a modest dent on the highway robbery that’s going on in this great country, and you’re spending your personal time and energy to crusade on behalf of corporations that don’t give two $#!&s about you (unless you’re working for their PR firm) or this country. They don’t even consider Americans as consumers anymore since they’re trying to access consumers in the booming economies of China and India. If we don’t begin to rein in this runaway off-shoring and tax evasion, our children and grandchildren WILL be forced to live in a third world country where people are desperate enough to work for pennies a day.

    You sound like you want the United States to live in your utopian government controlled bubble. Maybe you’re to young to know it, but govenment is one big inefficient entity. The recent passage of helth care reform should have given you a clue. Congress has created this big artichoke of a bill and as layers are being exposed government finds it will have to make exceptions to the exception.

    You’re a big government person. You need government so you won’t have to compete in life.

  • http://sharethisurlaboutglennbeck.com/ GlennBeckReview

    VRWC Destruction Machine says: “You need government so you won’t have to compete in life.”

    Because, and only because, of the government, people CAN compete in life.

    Don’t know who you’re voting for? Check this out:
    http://www.sharethisurlaboutglennbeck.com/2010/10/vote-you-cast-may-bite-you-in-ass.html

  • Tedderman

    If this mid-term election proves anything it’s that many Americans don’t know or care what the facts are regarding Obama’s policies. Todays St Pete times had a small blurb on page 2 sec, A, which should have been headline news months ago. It read: The Obama administration has cut taxes for middle class Americans, expects to make a profit on the hundreds of billions of dollars spent to rescue Wall Street banks and has overseen an economy that has grown for the last four quarters, but most voters don’t believe it. A Bloomberg national poll conducted Oct. 24-26 found that by a two to one margin, likely voters in the Nov. 2 midterm elections think taxes have gone up, the economy has shrunk and the billions lent to banks as part of TARP wont be recovered
    Send Republicans and Tea Partiers to Washington and the economy in the ditch will be permanent.

  • http://sharethisurlaboutglennbeck.com/ GlennBeckReview

    Tedderman says:”Send Republicans and Tea Partiers to Washington and the economy in the ditch will be permanent.

    Do what you can to stop this ignorant slide to stupid, reactionary gridlock. Share this URL with voters:
    http://www.sharethisurlaboutglennbeck.com/2010/10/for-undecided-voters-various-strains-of.html

    If there is a tea party candidate involved, share this URL:
    http://www.sharethisurlaboutglennbeck.com/2010/10/for-undecided-voters-various-strains-of.html

  • J Baustian

    Jelperman wrote: “Either the figures given by Obama are true or they’re not true. The Bureau of Labor Statisics says they are. Teabaggers say they aren’t. Since Teabaggers are by and large ignorant, lying racist fuckwits, the BLS is right.”

    This is the sort of message from the Left that generates MILLIONS of votes for Republican candidates.

    Since I don’t know you, nor have any way to address your hateful message in any other way, my only recourse is to vote for the people you hate the worst. I can’t tell you how many MILLIONS of other Americans feel exactly the same way as I do. It doesn’t even matter whether a local Democrat congressman is a good guy — because he’s a Democrat, because he represents YOU whether he likes it or not, we will vote against HIM as a way of getting back at YOU!

    So thank you for your inspirational messages, and thanks to all the others like you. It is because of you that Tuesday will be a tremendous victory for the Republican Party and for those who share the ideas of the tea party movement.

  • eingriff

    And he was going to make things right, and put people to work. Instead, he deliberately keeps unemployment high to restrain the inflation that would otherwise result from his profligate spending.

  • http://sharethisurlaboutglennbeck.com/ GlennBeckReview

    rshaw says:
    “I remember when TARP was first rolled out, I remember thinking how odd it was the Speaker Pelosi, Chuck Schumer and Harry Reid were its biggest cheerleaders. How strange that such liberal politicians are jumping at the chance of bailing out Wall St. and big banks. I assumed that knew Obama was going to be elected and that would be their opportunity to control who the winners and losers would be in the meltdown.

    Obama and the democrats promised “green jobs” .. i don’t hear much talk of that these days. The “stimulus” bill was basicaly a cash payment to state governments to keep them from laying off public workers for a year or two.”

    First of all, you’re wrong about who the “biggest cheerleaders” were. The biggest cheerleader for TARP was the U.S. Chamber of Commerce.

    You are horribly misinformed. Another FoxPAC viewer I presume. The stimulus was largely a middle class tax cut. It mostly went to private contractors to R & D and infrastructure projects.

    The R & D was largely for green alternatives to fossil fuels. This R & D will lead to: (wait for it) GREEN JOBS.

    I’ve said for a long time now that Fox is dumbing people down to tree stumps. Reading what Fox viewers write on these story boards makes me think that tree stumps is way to much of a complement.

    Why do people want to be misinformed? Because FoxPAC tells reactionaries what they want to hear. Sometimes it’s the facts, more often than not we hear lies on FOXPAC, lies or in the case of Fox and Friends, sheer, unmitigated stupidity.

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