Job Losses Under Bush and Obama Compared
This is a chart prepared by Nancy Pelosi’s office. It’d make a nice tee shirt, something for Democrats to wear at Town Hall meetings.
Josh Marshall explains: “The red bars are the accelerating rate of job loss during President Bush’s last year in office; the blue bars are the decelerating rate of job loss during President Obama’s first year of office.”
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Yeah, you can spin your data all you want. At a certain point, job losses will stop going down, but it doesn’t mean more people are back to work. It just means that less people are losing their jobs. It does not count the people who are still out of work. Here is the graph that really matters. Make particular note of the hockey stick in the past year:
http://www.google.com/publicdata?ds=usunemployment&met=unemployment_rate&tdim=true&dl=en&hl=en&q=unemployment+rate
And this is from Google, a non-partisan source, not the Obama media spin.
Both graphs are based on the same BLS data, as explained here:
http://andrewsullivan.theatlantic.com/the_daily_dish/2010/02/political-rhetoric-in-graph-form.html