fava
August 8th, 2009, 4:58 pm
The NY Times, blowing the horn for Obamaeconomics, found great relief in a .1 drop in unemployment figures this week.
Unfortunately, the same drop during the Bush Administration was not met with the same optimism.
"Jobless Rate Dips a Notch to 7.7% in Mixed Showing. The nation's jobless rate improved marginally last month, edging down to 7.7 percent from 7.8 percent,"But the improvement was not enough to signal a stronger economic recovery or to help President Bush as he heads into the Republican National Convention."
August 8, 1992 NY Times.
Job Losses Slow, Signaling Momentum for a Recovery
The most heartening employment report since last summer suggested on Friday that a recovery was under way -- and perhaps gathering steam
Employers are no longer in a panic," one expert tells the Times. Obama administration officials "credited the stimulus package" for the improvement, and "some said" job losses would be far worse had the $787 billion stimulus not been passed.
August 8,2998 NY Times
Unfortunately, the same drop during the Bush Administration was not met with the same optimism.
"Jobless Rate Dips a Notch to 7.7% in Mixed Showing. The nation's jobless rate improved marginally last month, edging down to 7.7 percent from 7.8 percent,"But the improvement was not enough to signal a stronger economic recovery or to help President Bush as he heads into the Republican National Convention."
August 8, 1992 NY Times.
Job Losses Slow, Signaling Momentum for a Recovery
The most heartening employment report since last summer suggested on Friday that a recovery was under way -- and perhaps gathering steam
Employers are no longer in a panic," one expert tells the Times. Obama administration officials "credited the stimulus package" for the improvement, and "some said" job losses would be far worse had the $787 billion stimulus not been passed.
August 8,2998 NY Times