Friday, October 29, 2010

From the "Just the facts…" file.

In 2008, we lost an average of 317,250 private sector jobs per month. In 2010, we have gained an average of 95,888 private sector jobs per month. That's a difference of nearly five million jobs between Bush's last year in office and President Obama's second year.

In FY2009, which began on September 1, 2008 and represents the Bush Administration's final budget, the budget deficit was $1.416 trillion. In FY2010, the first budget of the Obama Administration, the budget deficit was $1.291 trillion, a decline of $125 billion. Yes, that means President Obama has cut the deficit -- there's a long way to go, but we're in better shape now than we were under Bush and the GOP,

On Bush's final day in office, the Dow, NASDAQ, and S&P 500 closed at 7,949, 1,440, and 805, respectively. Today, as of 10:15AM Pacific, they are at 11,108, 2,512, and 1,183. That means since President Obama took office, the Dow, NASDAQ, and S&P 500 have increased 40%, 74%, and 47%, respectively.
Elections have consequences.

Hat tip to Jed Lewison, who has source links and more.

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1 Comments:

Anonymous Terry Parkhurst said...

These numbers are good ones to know. Why didn't the president use them more when he campaigned across the country recently?

7:31 PM  

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