Thread: Obama 2012!
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      11-07-2012, 09:52 AM   #35
slowturbo
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Quote:
Originally Posted by KingOfJericho View Post
GDP was -8.9 when he took office and is now +2. Dow is up over 80%. Unemployment (a VERY lagging indicator) is down 22%. The normal rate of unemployment is roughly 6% and we are currently at 7.9%, down from 10% in 2009. The number will never be 0%. The jobs are not all back, but they have recovered significantly.
The unemployment figure is biased because it does not include those who have dropped out of the work force. The real unemployment rate is probably closer to 10%.
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