Virginia Gun Owners Forum - VGOF

Jakeiscrazy wrote:In fairness to Gat6. Troll might be a little harsh. He brought up points and even though I don't agree with him it is okay that he has a difference opinion. If someone posted a thread talking about how great they thought Obama was you wouldn't be trolling to challenge that statement. He isn't calling names and or anything just debating.

That said:

gatlingun6 wrote:***********************************************************************************
Whether President Obama gets reelected or not I think the dominant bumper sticker for Americans should be:

"We have seen the enemy and it's us" as POGO once said.

We have been digging this hole for 30 years! And we expect to totally fill in the hole in 3 or 4 years? Only in a TV show or movie does that happen. And are we hearing any solutions from those who want the job? Nope, their remedy is let's go back and do what we did to get into this mess.

Gat6

I don't think anyone(short of some crazy dreamers ) expects this whole country to be out of debt in 3-4 years but we certainly aren't any better than we were for years ago. In fact we've gone in the wrong direction!

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Actually we are much better off than we were 4 years, albeit not good enough. We are about the same as or better at this point than the last 3 recessions. Four years ago would be Oct 2007, and 3 years ago was OCT 2008.

In Oct 2007 the economy was racing towards a day of reckoning. Fissures and strains in the economy were evident to quite a few top economists. By the end of the year before President Obama took his oath of office 4.5 million jobs had disappeared. Later we would learn that job creation under President Bush's Administration was the worse in 60 years!

When compared to the last three recession we are headed in the right direction. Here's a few facts supporting that conclusion: Growth in equipment and software as a percentage of GDP shows that the 2009 recovery is comparable to the last 3. The 2009 change after 8 quarters was 1.4%. The comparable figures measured over the first 8 quarters in the 1982 recovery was 1.3%. In 1991 1.0%. In 2001, President's Bush's recovery was 0.0%.

Job gains show roughly the same comparisons 25 months into the recovery, 1991 was +1.7%, 2001 -0.6%, and 2009 +1.1%. The funny thing is government jobs increased in 1991 and 2001, whereas 600,000 government jobs have been lost in this recession, so the 2009 +1.1 is private sector jobs only.

Of course because of Federal Reserve, and other economic actions, the 1982 recovery after 25 months came in at +9.9%. After any recession jobs are a lagging indicator in the recovery.

The above are facts without comments or opinions, so what do we do now to increase job growth at a higher rate?

Gat6