But that's okay. Seven years in to the Obama Recovery, and the unemployment rate is back to when W was president, and a year after the housing crash. All it took was over eight trillion dollars in borrowed cash, and tens of people leaving the workforce, and some clever BLS number-fudging.
Never had very high expectations to begin with.
#35 | Posted by WhiteDevil
The day the democrats took over - was not January 22nd 2009 it was actually January 3rd 2007 the day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
"For those of you who are listening to the Kool-Aid drinking liberal fools propagating the fallacy that everything is "Bush's Fault", think about this:
January 3rd, 2007 was the day the Democrats took over the Senate and the Congress:
At the time:
- The DOW Jones closed at 12,621.77
- The GDP for the previous quarter was 3.5%
- The Unemployment rate was 4.6%
- George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!
And I never was a Bush fan.