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RE: Obamas Economic Report Card: B for the First Year -... - 4/7/2010 9:47:41 PM

tazzygirl

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The Unemployment Outlook:
Unemployment is projected to drop slightly to 9.7% by the end of 2010, according to OMB's Mid-Year Budget Projections. By the end of 2011, it will fall significantly, to 8%. After that, it will decline slowly, falling to 7.5% in 2012, 6.5% in 2013, and 5.7% in 2014.

http://useconomy.about.com/od/economicindicators/p/unemploy_rate.htm

The OMB Mid-Year Budget Projections can be found here, the report written in August, 2009.

http://useconomy.about.com/gi/o.htm?zi=1/XJ&zTi=1&sdn=useconomy&cdn=newsissues&tm=44&gps=204_323_520_263&f=10&su=p649.3.336.ip_&tt=11&bt=0&bts=1&st=24&zu=http%3A//www.whitehouse.gov/omb/assets/fy2010_msr/10msr.pdf

April 02, 2010
Nonfarm payroll employment increased by 162,000 in March, and the unemployment rate held at 9.7 percent.

http://www.bls.gov/ces/

Sounds like he may be ahead of the rest.

< Message edited by tazzygirl -- 4/7/2010 9:58:47 PM >

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RE: Obamas Economic Report Card: B for the First Year -... - 4/7/2010 11:10:36 PM

Fellow

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Obama's Economic Report Card: B for the First Year - DailyFinance

I thought Obama was a straight A student.
The political correctness producing happy news about "the great recovery" can be bad policy. There is no noticeable economic recovery. Self-respecting economist would not make any far-reaching conclusions based on one month data. Obama can not be graded for the first year yet, the result will be seen in the near future. Keeping the bubble inflated by using massive deficit does not really solve anything.

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RE: Obamas Economic Report Card: B for the First Year -... - 4/7/2010 11:21:47 PM

tazzygirl

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I never said it was a great recovery. I said he is ahead of the rest... meaning ahead of the expectations others had... 8 months ahead, perhaps.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

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Post #: 23

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