Quote:
Originally Posted by Robbie
They didn't. The economy was still good.
People weren't on welfare and foodstamps and loooonnnnnngggg unemployment benefits for years.
It's pretty much common sense that when companies are doing well, and the economy is doing well, and companies are NOT firing people in mass layoffs...then there are NOT hundreds of thousands of people leaving the work force.
I'm not sure why you keep thinking that I'm saying things that I'm not. Are you gunning for me? lol
Look...this is the worst economy in decades. The unemployment numbers during a booming economy are pretty close because there aren't tons of people giving up looking for a job. Does that make sense to you?
The numbers happening right now are being thrown off by the number of people who did give up. I think the number I read was 1.2 million people LESS in the workforce than there were 4 years ago.
I'm just telling you the numbers. Bush didn't have high companies going out of business and people losing their jobs in these huge numbers. So he didn't have the factor of people leaving the workforce to skew the numbers.
You can see that right?
EDIT: By the way you quoted me from a post on Nov. 16th 2008
The unemployment rate was at 6.8% then. So yeah...my post 4 years ago was at a time BEFORE the shit fell to pieces in 2009
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The housing market was already in turmoil and Lehman Brothers had already failed but the economy was still good?