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Old 07-08-2014, 06:24 AM
Jermyn Davidson's Avatar
Jermyn Davidson Jermyn Davidson is offline
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Re: The Rapidly Falling Deficit-- A Failure???

But they’ve added up, because under Obama, the economy has added 11.643 million jobs and lost 5.155, for a net gain of 6.488 million jobs. That’s a 4.952 million advantage over Bush. Now, 6.5 million jobs doesn’t put Obama up there in Clinton (22 million) and Reagan (around 16 million) territory. But remember—he has 30 months to go yet. Let’s say we average a gain of 250,000 a month the rest of the way. That’s another 7.5 million. And that would put him up in Reagan territory. And that seems conservative, if anything. If the recovery gets genuinely humming, we could start seeing months between 300,000 and 400,000 next year. It seems unlikely to happen, but God would it be hilarious if Obama, with everything the Republicans in Congress have done to keep the economy in a state of contraction, ended up surpassing Reagan?


http://news.yahoo.com/don-t-know-oba...-politics.html

So apparently, President Obama is doing something right-- or maybe this guy is just mistaken?
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