The above chart tracks the point changes in the unemployment rate since the first full month of each of the current and previous Presidents' terms. For President Obama, the numbers show unemployment brought back down to where it was as his watch was just getting started. For President Bush II, the numbers at the equivalent point in his first term show unemployment significantly worse than where it was as his watch was just getting started.
Here be dragons of economics, politics, and news ... traditionally non-partisan, but we've got to admit that we find one of the parties makes that rather hard to maintain in the present day
Thursday, August 30, 2012
Unemployment Rate Changes Put In Perspective
Let's put the levels of unemployment at this point in the Presidential cycle into perspective.
The above chart tracks the point changes in the unemployment rate since the first full month of each of the current and previous Presidents' terms. For President Obama, the numbers show unemployment brought back down to where it was as his watch was just getting started. For President Bush II, the numbers at the equivalent point in his first term show unemployment significantly worse than where it was as his watch was just getting started.
The above chart tracks the point changes in the unemployment rate since the first full month of each of the current and previous Presidents' terms. For President Obama, the numbers show unemployment brought back down to where it was as his watch was just getting started. For President Bush II, the numbers at the equivalent point in his first term show unemployment significantly worse than where it was as his watch was just getting started.
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