Tuesday, November 5, 2013

The Dumb

1. When W. Bush left office, our GDP was at minus 9 and today is positive 2. 
2. When Bush left office, Down Jones was at 7,949.09 point, minus 24%, and today is at 13,000 points, up 61% since Mr. Obama took office. Similarly, when Bush left office, my 401K was half value, and today is double. 
3. When Bush left office, we had over 12 months jobs lost consecutively, 800K jobs lost per month, spiral to a depression. Mr. Obama stops the bleed, and he has produced 29 month jobs growth consecutively.
4. When Bush left office, corporation profits was down at 1 trillion dollars level, and today is up 1.7 Trillion dollars, which is 58 % increased. 
5. When Bush left office, Export was down at minus 30%, and today is positive 7 percent. Both export and import are growing again.
6. When Bush left office, we have higher trade deficit, and today is a lot less.
7. When Bush left office, household income was down, and today much higher. In fact, it’s much higher than real GDP.
8. Manufactures employment has gone up since Bush left office.
9. When Bush left office, we had a depression in auto industry, and today GM is saved and the industry is profit again, thanks to Mr. Obama and his courage.
10. If GOP congress approves American job Act that produce 1-2 million jobs, instead of sitting on it since last summer, unemployment rate would down by 1% point or 7.2% overall according to WSJ.
11. During the 28 years of Democratic administrations in that period, 57.5 million new jobs were created, an average of 2.05 million per year vs. During the 36 years of Republican administrations in that period, 36.2 million new jobs were created, an average of 1.0 million per year.
12. Why do we need a Wall Street raider that created this financial crisis in 2008? Don't we have enough? 




No comments: