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Obama, progress report - Economy

Ore_Ele
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10/28/2014 1:02:45 AM
Posted: 2 years ago
http://money.cnn.com...
http://www.npr.org...

So we are almost 6 years in and Obama is pretty close to done. Let's take this opportunity to look back on how the top three issues of 2008 have been dealt with. The top three were...

1) Economy
2) War in Iraq (this will just be military actions in the middle east, given how it has progressed)
3) Healthcare

Each one of these will get their own thread of discussion so things can stay focused. So in this one, lets go with the Economy!

BREAK!
"Wanting Red Rhino Pill to have gender"
Ore_Ele
Posts: 25,980
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10/28/2014 1:14:16 AM
Posted: 2 years ago
Feel free to use this nifty tool.

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

Currently, the US population growth is increasing at 0.7% annually [1], however jobs have been consistently growing faster than that. Let me quickly point out that whenever I say "jobs" I mean "private sector jobs." The last 12 months, we have seen 2.3% job growth, and have been consistently been over 1.7% (1% above the annual growth rate) since May 2011. We have had 3 straight years of over 2.0% growth (and this year will most likely make it 4 years in a row), by comparison, Bush only broke 2.0% once (with a 2.1% in 2005) and Clinton broke 2.0% 7 years in a row (with two years busting 3.0%).

More to come

[1] https://www.google.com...
[2] http://www.bls.gov...
"Wanting Red Rhino Pill to have gender"
Ore_Ele
Posts: 25,980
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10/28/2014 8:26:31 PM
Posted: 2 years ago
Let us also note that hourly wages have increased from an average of $21.99 an hour in Jan 2009 to $24.53 (11.55% increase) in Sep 2014 and weekly wages from $749.86 to $848.74 (13.19% increase) during the same span (this is just above the 10.56% inflation between 2008 and 2014).

http://www.bls.gov...
"Wanting Red Rhino Pill to have gender"