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cloudboy -> RE: Obama Outperforms Reagan On Jobs, Growth And Investing (9/9/2014 7:18:34 AM)
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• America will create about 2.5 million new jobs in 2014.
• “As this unemployment chart shows, President Obama’s job creation kept unemployment from peaking at as high a level as President Reagan, and promoted people into the workforce faster than President Reagan.
• “President Obama has achieved a 6.1% unemployment rate in his sixth year, fully one year faster than President Reagan did. At this point in his presidency, President Reagan was still struggling with 7.1% unemployment, and he did not reach into the mid-low 6% range for another full year. So, despite today’s number, the Obama administration has still done considerably better at job creating and reducing unemployment than did the Reagan administration.
• “We forecast unemployment will fall to around 5.4% by summer, 2015. A rate President Reagan was unable to achieve during his two terms.”
• “What’s now clear is that the Obama administration policies have outperformed the Reagan administration policies for job creation and unemployment reduction. Even though Reagan had the benefit of a growing Boomer class to ignite economic growth, while Obama has been forced to deal with a retiring workforce developing special needs. During the eight years preceding Obama there was a net reduction in jobs in America. We now are rapidly moving toward higher, sustainable jobs growth.”
• Economically, President Obama’s administration has outperformed President Reagan’s in all commonly watched categories.
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The US economy does much better when it is not WAR-MONGERING. The Carter Recession - VIETNAM. The GWB Great Recession -- Afghanistan and IRAQ.
The War Mongers are chirping up again, and Obama recently said that engaging ISIS would probably be a three year effort.
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