The link to the story is here.
According to the Bureau of Labor Statistics (I would put the links but CNN will not let me)…
Unemployment peaked Oct. 2009 at 10%.
The current unemployment rate is 8.3%.
President Obama took office Jan 2009.
When Bush took office Jan 2001 the unemployment rate was 4.2%.
When Bush left office in Jan 2009 the unemployment rate was 7.8%.
From the time Bush took office to the day he left, the unemployment rate increased 86%.
From the time Obama took office to the present unemployment increased 6%.
If you take the height of the recession started during the Bush administration to be 10 months after Obama took office, Oct 2009, the numbers are this:
From the time Bush took office to Oct 2009, the unemployment rate increased 138%.
From Oct 2009 to the present unemployment DECREASED 6%.
If you take 4 months, May 2009, into the Obama administration, the unemployment rate was 9.4%
From the time Bush took office to May 2009, the unemployment rate increased 124%.
From May 2009 to the present unemployment DECREASED 12%.
Jan 2009 non-farm job losses were 818,000
Jul 2012 non-farm job GAINS were 163,000
Jan 1993, when Clinton took office, private sector jobs were 91 million.
Jan 2001, when Clinton left office, private sector jobs were 112 million.
Jan 2009, When Bush left office, private sector jobs were 111 million.
Clinton increased private sector jobs 21 million.
Bush decreased jobs by 1 million.
If you take these numbers 4 months, 10 months or 1 year after Obama took office the numbers look dramatically better for Obama. To think Obama could turn the recession around the day he took office is absurd.
No matter how you slice it Obama comes out WAY ahead by these numbers for anyone that cares about FACTS. Since the recession bottom, the economy has been improving.
If you prefer the historical, Republican numbers, vote for Romney…their economic ideology is no different from Bush and the results will be the same.