Don't buy into the hype. Know the facts.
Questions:
- What was the average monthly private sector job growth in 2008, the final year of the Bush presidency, and what has it been so far in 2010?
- What was the Federal deficit for the last fiscal year of the Bush presidency, and what was it for the first full fiscal year of the Obama presidency?
Answers:
- 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. (Source) 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. (Source) Yes, that means President Obama has cut the deficit.
We're in a crappy economy. Don't make it worse by turning the reigns back over to the folks who put us there.
(Via Daily Kos.)