Dems biggest problem: recoveries typically take 12+ months to add jobs (user search)
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  Dems biggest problem: recoveries typically take 12+ months to add jobs (search mode)
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Author Topic: Dems biggest problem: recoveries typically take 12+ months to add jobs  (Read 2349 times)
Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
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« on: September 02, 2009, 08:09:54 AM »

going back into the 70's, jobs are  typically not added in the first year of a recovery...so don't expect the job loses to come to an end before June 2010....

This is why I say the GOP will pick up 25+ House seats and 5+ Senate seats - the average american is not going to be better off in Nov 2010 even though the government: spends a lot more, borrows a lot more, and controls a much bigger slice of the economy.

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Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
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Posts: 18,212
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« Reply #1 on: September 04, 2009, 09:38:27 AM »

going back into the 70's, jobs are  typically not added in the first year of a recovery...so don't expect the job loses to come to an end before June 2010....

This is why I say the GOP will pick up 25+ House seats and 5+ Senate seats - the average american is not going to be better off in Nov 2010 even though the government: spends a lot more, borrows a lot more, and controls a much bigger slice of the economy.



The recovery probably started in June, so that would mean the economy will start adding jobs in June 2010, just before the midterm elections. 

in 1994, the economy added about 4 million jobs, and Clinton got his head handed to him.
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Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
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Posts: 18,212
United States


« Reply #2 on: September 07, 2009, 11:36:58 PM »

going back into the 70's, jobs are  typically not added in the first year of a recovery...so don't expect the job loses to come to an end before June 2010....

This is why I say the GOP will pick up 25+ House seats and 5+ Senate seats - the average american is not going to be better off in Nov 2010 even though the government: spends a lot more, borrows a lot more, and controls a much bigger slice of the economy.



The recovery probably started in June, so that would mean the economy will start adding jobs in June 2010, just before the midterm elections. 

in 1994, the economy added about 4 million jobs, and Clinton got his head handed to him.

That is true.  And the economy lost jobs in 2002 and Bush gained seats. 
which pretty much pwns the whole premise for this thread.

9/11 trumped everything, but Obama would most likely NOT be seen as a strong national defense advocate if we were attacked again.  In fact, another 9/11, especially if it were to happen after 2009, would pretty much end the Obama presidency. 

Iraq is going to fall apart as Obama withdraws troops; Afghanistan is a basket case that can never be rehabilitated, Pakistan is shaky…if Obama is going to profit politically from another 9/11, then it probably has to happen very soon.  Otherwise, another attack would be viewed in the context of Obama’s apology tour, the failures of Iraq, Afghanistan, appeasement of the Iranians, etc, etc, etc.
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