Thats incorrect. There was an average of 84,000 jobs created in 2007. 1.3 million jobs have been created up to date.

http://www.bls.gov/news.release/empsit.nr0.htm

Not the greatest number, but get your facts straight.

If unemployment was really 11%, you would have an EXTREMELY hard time getting a job. I know people who have tried to get jobs under a 9% unemployment rate in France and it was not easy at all.

Think logically.

Real gross domestic product — the output of goods and services produced by labor and property
located in the United States — increased at an annual rate of 4.9 percent in the third quarter of 2007

http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

So technically we are NOT in a recession yet, but we MAY be getting into a recession, but we must wait and see. Winter tends to be a slower period for the economy.

… and these aren’t the droids you’re looking for *wave hand*

In short, Bush is a little woodenhead and everyone knows it.

Comment by rehbock — January 7, 2008 @ 5:40 pm

Pretty sure that all comes naturally to the current resident of the WH.

Now as far as all of the other (swear word) – I think they put it on as part of their twisted game.

They are the ones who know the REAL economic numbers and the extent to which they have lied for the last several years.

Unemployment is 11%

Comment by Lefty Patriot — January 7, 2008 @ 5:09 pm

Lefty, why stop at 50? Why not go 80 years? The Great Depression came on the heels of three straight Republican adminsitrations: Harding, Coolidge and Hoover. Those guys left such a mess for Roosevelt to clean up that another Republican wouldn’t step foot in the White House until they could run a war hero in 1952.

So this cycle has been happening longer than 50 years.

Comment by JT — January 7, 2008 @ 3:48 pm

You wish. Republicans always bring about recession and deficit spending. Always. it has been so for over 50 years. Democrats re always cleaning up the republican mess, then the braindead, idiot repuke voters put their tine brains to sleep again, and allow the big, bad daddies to scare the piss out of them. Republicans are the stupidest people on Earth.

So JT, please point to the posts here where people are taking pleasure in the fact that we are in a recession. And just saying we are in one and have been in one for a while IS NOT taking pleasure in it. So, put up or STFU.

Comment by JT — January 7, 2008 @ 3:48 pm

I do not take pleasure in a recession, or a depression. As one of the millions living from paycheck to paycheck while trying to save what I can for my future, I can honestly say I don’t wish hard times on myself or anyone else.

What I DO wish is that when we ARE in a recession (or even heading that way) that the idiots in charge will at least admit it. The stock market is not the best indicator here, since that has largely become a crap game for day traders. Try looking at housing starts. The cost of living. REAL unemployment — not just the figures that leave out part time workers and temp workers who are still looking for full time work, people whose unemployment benefits have run out, and professional people who have been forced into minimum wage work because there are no jobs available for their qualifications. Try looking at health care and the increasing number of people who can no longer afford it. Yes — instead of the stock market, go by indicators that are far more relevant to people like me.

Claiming there is no recession and continually painting a rosy picture of the economy falsely in order to score political points is just as bad as wishing for a recession to score political points.

Besides, there is no need for Democrats to create a recession (or even wish for one) in order to beat the Republicans.

The non-profit I work for laid off 90 people (our of 400) a couple of months ago. I worry daily about the security of my job. At my age and in my line of work finding another job in the area where I live will be daunting at best and hopeless at worst.

I, nor anyone else here I suspect, do NOT take pleasure in struggling financially, watching loved ones struggling financially (hint – real people!) and having constant stress about the financial health of the companies we work for or own.

Besides, if the Bush administration manages to hold off the tide until they’re out, righties will just blame any financial troubles on the Democrats! And we SURE don’t feel like hearing that noise!!

So – blow it out your ear!