Re: Unemployment at a 44 month low
posted at 10/5/2012 9:16 AM EDT
In response to UserName99's comment:
After inheriting the worst recession in 70 years, President Obama has managed to stabilize the economy in a relatively short period of time. The President is doing very well in spite of a Congress that is seditionist and has no regard for country, patriotism or doing the right thing. Republicans are party first.
Imagine how well we'd be doing if he had a Congress he could work with.
WASHINGTON (AP) â The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The rate declined because more people found work, a trend that could have an impact on undecided voters in the final month before the presidential election.
The Labor Department said Friday that employers added 114,000 jobs in September. The economy also created 86,000 more jobs in July and August than first estimated. Wages rose in September and more people started looking for work.
The worst recessions in 70 years?
The one we experienced in the late 70s was as bad as this one except this one has been prolonged by the policies of Obama.
Knock off the spin and bs.
He had super majorities in both houses his first 2 years and he did nothing but shove obamacare down our throats, Dodd-Frank and a 850 Billion dollar stimulus program also passed by the democrat majority that has produced little.
850 billion borrowed from the chinese and passed onto all his democrat friends in green energy start-ups which are now almost all entirely bankrupts costing the US taxpayers hundreds of billions.