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 After 4 years of  the worst recovery from a recession by any President, the benefits have finally arrived.

A massive increase of...wait for it..... 0.1 percent in the fourth quarter of 2012 !

Party Time for airborne!

As you know, facts like these make little impression on republicans.  Facts and reality just make them furious and indignant.

Republicans are desperate to destroy the economy so they can cast blame on Obama.  Its their only chance in the next election.  Its not going to work.

In 2016 the voter will be confronted with this kind of evidence before entering the voting booth -

Obama: 12 million private sector jobs created over 8 years.

Clinton: 20 million private sector jobs created over 8 years.

Bush: 0 (ZERO, ZIP, NADA) private sector jobs created over 8 years.

Reagan: Ancient history

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LOL at Mark Zandi, the government parrot, er,  "expert" economist.

Zandi has been parroting that the recovery is "just around the corner" for 5 years now...

His record on economic forecasts is worse than "Summer of Recovery" Joe Biden's.

Zandi on CNN International – Sept. 20, 2008

“I mean make no mistake what the government has done will sew the seeds for I think a very, very sharp recovery.”

CNN Money – Sept 18, 2008

“Several panelists, including Economy.com’s chief economist Mark Zandi, Goldman Sachs (GS, Fortune 500) economist Charlie Himmelberg, S&P managing director David Blitzer and S&P senior economist Beth Ann Bovino all agreed that home prices would stabilize sometime during the summer of 2009. “The bottom of the housing market is coming into view,”

Mark Zandi, Moody's chief economist, said Boehner was "just wrong" to call the $787 billion stimulus spending "a failure."

If there was no stimulus at all, Zandi said, unemployment would be at around 11.5% rather than 9.5%.

Business Week – Nov. 12, 2008

“In testimony before the U.S. House of Representatives in June, Zandi offered estimates of how much each dollar of government spending in different forms would produce in real GDP each year. He said extending unemployment benefits would yield $1.64 of GDP, a temporary increase in food stamps $1.73, aid to state governments $1.36, and increased infrastructure spending $1.59. “The bang for the buck is very high,” Zandi said of extended jobless benefits
...

You can take what Zandi predicts to the bank....ruptcy..

In response to ComingLiberalCrackup's comment:

 

 After 4 years of  the worst recovery from a recession by any President, the benefits have finally arrived.

A massive increase of...wait for it..... 0.1 percent in the fourth quarter of 2012 !

Party Time for airborne!

 

That's .1 % based on a trillion dollars of borrowing.  

 

Makes you wonder what the "real" GDP is.

 

I'll wait for the real employment numbers, but, did airbore notcie that the u-3 upemployment number went up a tenth, despite these " impressive" numbers?

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In response to UserName99's comment:

Wow. Advice for your  job as a propagandist: throw in some real numbers at least once in a while.

Obama created 12 million jobs? Where did that come from?

First of all, you are obviously using gross number of jobs started.....you are not taking into account the 4 million plus jobs LOST in Obama's reign. So far...

Net jobs is a more logical measure. Obama has done nada, zip, zero . Unemployment rate and net jobs are at best the same as when he took office.

"12 million" must also include some huge  fantasy numbers of jobs created from now to 2016.

So you take the 12 million gross jobs 'added' by Obama, and then claim Bush created zero jobs?

No private sector job was started during the 8 years of George Bush?

Unless you switched Bush's number  to "net jobs"...tricky, arent you?

 

 

The average monthly job creation in 2012 was 150,000. That is the best one year performance during Obama's first term. That is barely good enough to keep pace with the number of workers entering the job market every month for the first time, meaning that we have a long way to go to replace the 7-8 million jobs lost during the recession.

Using this metric, it is hard to make the argument that the recovery is "percolating along" or "gaining steam," or any ther Pollyannaish terms you want to throw out there. In a word, the job situation still sucks and won't improve until the dead weight of intolerable regulations and debt are lifted from the economy

Read more: http://www.americanthinker.com/blog/2013/01/net_job_gain_under_obama_28000.html#ixzz2Msod5G6X
Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook

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In response to airborne-rgr's comment:

Let me know when you gots some reality.

BTW:  The average growth rate since the recession is 1.7%, not 4%.

1.7%, that's with a trillion dollar per year borrowing/spending effort by government.

Yep.  that's a failure.

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In response to airborne-rgr's comment:

heh, heh, heh...found the 12 million jobs you claimed Obama created,  yet? Look under the sofa.

In response to Newtster's comment:

Yeah, why can't we go back to the days when you could get $200K for farting next to a for sale sign?  That economy was real, right?  I'm going to rail against the entitlement mentality now, as I'm immune to irony!

 

We should have been at this point four years ago. Tell the great news to everyone who's lost a job since then. 

Pathetic! 

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In response to airborne-rgr's comment:

Why is Bush relevant to this discussion?

In response to TFefio's comment:

 

We should have been at this point four years ago. Tell the great news to everyone who's lost a job since then. 

Pathetic! 

 

bingo.  The left misses this.

 

no reason for the pain our country has endured for the part four years, and I'll even throw in the last year of Bush as well.

that the economy eventually regains footing means that Obama simply wasn't able to damage it  as much as he wanted to.

That's rich.  You say we should have been at this point four years ago so what then did the GOP do to help attain that goal?  The GOP plan, austerity, hasn't worked in any country that implemented those plans and nearly all of them fell into double dip recessions.  The reality is they have done nothing except obstruct out of fear of the rank and file rabble they thought they could co opt for political victory.  Now they are afraid to do anything that might get them primaried, to the extent that Karl Freaking Rove has started a PAC to boost establishment republicans.  You say we should have been here four years ago then post some facts describing the missed opportunities.