Economy Bad? Well, Think How Bad It Could Be!

12/2007 through 2011????

Social media provides opportunity for information that has to be considered as unique as colonial America's press. An example of such is posed below and interspersed with a source article from Think Progress (September 27, 2012). 

Lefteous Indignation

Republicans can rail on and on about Obama, but the truth is that we ARE better off than when he took office, because--unlike the Tea Party Republicans--we can point to actual FACTS to back up that claim. Source: Think Progress 

Explaining Today’s Great Jobs News

By Guest Blogger on Sep 27, 2012 at 3:30 pm

Our guest blogger is Heather Boushey, a senior economist at the Center for American Progress Action Fund.

New data released this morning by the Bureau of Labor Statistics shows that the private-sector added 450,000 more jobs as of March 2012 than previously thought. This means that the economy has crossed the threshold and more jobs have been created than lost during President Obama’s term.

This is a remarkable accomplishment—and one that would not have happened without the Recovery Act and other policies developed by this administration and passed by the 111th Congress in 2009. When President Obama was sworn in, the economy was losing jobs to the unprecedented tune of over 20,000 per day. Between the beginning of 2008 and February 2010 when the tide began to turn, the economy lost nearly 8.8 million jobs—4.3 million on Obama’s watch and almost 4.5 million under President Bush’s.

In February 2009, the American Recovery and Reinvestment Act was signed into law and funds began almost immediately moving their way through the economy and the pace of job losses slowed, turning positive a year later. Since February 2010, including the newly revised data, the economy has added 4.4 million total payroll jobs, an average of 135,00 per month.

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Lefteous Indignation

And, you call yourself a Republican.  You have to know by know your party is not the same as the GOP of old.  Since 1981 your party has turned in a big business tool with no regard for the middle and lower economic classes.  Why would you vote to elected people who would denied jobs to millions?