Friday, October 3, 2014

We Are Way Better Off Than We Were When Bush Left Office As Jobless Rate Falls To 5.9%

http://www.politicususa.com/2014/10/03/bush-left-office-jobless-rate-falls-5-9.html
"When Obama took office in January 2009, the country was in the grips of the worst financial crisis since the Great Depression. That month, the unemployment rate stood at 7.8% and climbing. The next month, it rose to 8.3% and kept rising until it hit a peak of 10.0% in October 2009. However, President Obama’s stimulus package, along with other initiatives, helped create jobs and reverse the trend.
In 2014 alone, the unemployment rate has dropped by 1.3 percentage points and 1.9 million jobs have been added. Therefore, whenever you hear someone like Sen. Ted Cruz (R-TX) claim that “Obamacare is the biggest job killer in this country,” as he has done numerous times, you know he is completely full of it. Seriously, since the full implementation of the law last year, the country has added well over 2 million jobs."