DomYngBlk
Posts: 3316
Joined: 3/27/2006 Status: offline
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quote:
ORIGINAL: DesideriScuri quote:
ORIGINAL: Politesub53 quote:
ORIGINAL: DesideriScuri Your argument is more supportive of my claim than not, Polite. We lost a lot of construction jobs and a lot of manufacturing jobs (several plants closed shop, moved, etc.). We have a very strong auto workforce and they were on the ropes. Bailing out the auto companies allowed for the auto manufacturers to retool, rehire, etc. That also supports tertiary businesses that support the auto company. We still have A LOT of people not being employed that were employed 5 or 6 years ago. Thus, my rationale that no new jobs were created, but old jobs were resumed is more accurate than not. Toledo has also been shedding population, so even getting to 5% unemployment may not mean that we have more jobs than we did at the height. I was talking jobs in general, in which case we differ in our views. If you wish to speak just on the autotrade you need to start from when Obama was sworn in and when his policies started to take effect. That would be Jan 2009 and not 2006. If you are truly suggesting jobs rise and fall with demand, then Obama stimulated the demand and hence created new jobs. You only fill an old job as someone leaves and is replaced. If it happens someone took a similar job, five years later, then it is indeed a new job. I do understand your point, and I'm sure you understand where I'm coming from. I wasn't simply talking about the auto trade, thought that does dominate Toledo and Toledo politics. How much did the bailouts aid the auto trade? Who bailed out the auto trade? Bush passed them, but Obama administrated them. So, who refilled those jobs? You do see the rhetoric here, too, don't you? Bush got blamed for not creating any jobs, but he's taking the hit for the dot com bust, the effects of 9/11 and not getting any credit for the employment numbers he did have right up to the end. Compare Bush's peak unemployment and Obama's current unemployment, and that paints a different picture (and Obama was a Senator not long after Bush's unemployment numbers peaked). I don't have to tell you how much the Auto Bailout aided the trade. If Chrysler and Jeep would have closed you could simply made Toledo into a park cause no one would live there. The only spin I see is from the right. Who want to castigate the auto bailout as some sort of socialist program. Bush passed the first 17 billion. Credit for that. Obama expanded it with more money and verifiable results. Sort of like what a "Real" businessman would do right? Democrats aren't the ones that don't want to talk about Bush. That is republicans. He gets credit for stepping up just after 9/11. I don't think anyone will argue that. However, I don't think people on the right give enough credit to President Obama for not letting us slide into a deep deep depression. The balancing act that happened from Nov 2008 onwards. So comparing his numbers vs bush's is apples and oranges. If you want to give push the credit for the employment of the Auto Industry with the bailout. Fine with me. Then you will agree it was a good thing? See, Romney/Ryan says it isn't or wasn't a good thing. Hence, why they are going to get their asses handed to them in Ohio
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