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Archive for March 5th, 2010

Thanks, Obama!

Posted in Conservative Bullshit Debunked, Economics, General, How Capitalism Will Ruin You, News & Current Events, Politics on March 5, 2010 | 40 Comments »

Unemployment claims, and total employment, under Bush and Obama: Total employment declined steadily for years under Bush; the unemployment rate rose from below the previously-accepted theoretical minimum of “natural unemployment”, under Clinton (below 5%), to  8 % under Bush. (Fun Fact: not a single net new job was added at any point during the entire [...]

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