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What happened to the "Summer of Recovery"?
unemployment - 9.5%
underemployment - 18.4%
new home sales - down 12.4%
existing home sales - down 27.2%
This is how the economy works Jared. High un/underemployment coupled with lower than average home sales is not a recovery.
19 Answers
- Anonymous1 decade agoFavorite Answer
The recovery he has in mind is reparations for the black man
- R JLv 71 decade ago
It's ironic how you people think. Speaker Pelosi stated that if the stimulus bill didn't pass over "500 million Americans would lose their jobs". So you see it has worked as there's not that many on the dole. Don't forget 15 million home owners that got those Bill loans, the ones that get them small affordable mortgages tan they went sky high after five years, a time bomb, well that many are still upside down and lt's hope they don't default.
- timetravlerLv 71 decade ago
Don't ya just love libs excuses such as the stimulus money is not yet all spent. Or too soon to tell. Or it is much better then when Reagan was president. Or It is working(Biden) 700,000 jobs have been created and it would have been much worse without the stimulus. Finally my favorite is Bush made such a mess, it will take time.
- deedsLv 45 years ago
"The White abode usually asserts that "between 2.3 million and a pair of.8 million jobs were both kept or created." Dynamically no longer available to spin jobs kept. yet they're going to by no ability allow you to recognize they are federal authorities jobs. announcing they are inner most sector jobs is down suitable lies. how are you going to upload thousands and thousands of inner most sector jobs over months and the own sector unemployment fee hasn't replaced? Bama fuzzy math being preeched to Bama fuzzy supporters. no human being with a mind falls for any of it.
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- 1 decade ago
There won't be a real recovery until we vote out a few big spenders and people who allegedly were (and in many peoples' opinion probably were) involved with some shady deals while in office.
- Anonymous1 decade ago
It's Get Up and Go. Got Up and Went. Leaving nothing to show for its purpose.
- Just PeachyLv 61 decade ago
Kinda hard to recover when you don't have a job, or even a prospect of a job. Wow ain't BHO just the greatest!!
- 1 decade ago
Well, if you discount unemployment and home sales, it's great. Just ask Biden.
- shootsmyownfoodLv 61 decade ago
Perhaps it should be changed to "Summer of Discovery". Did 0bama supporters finally discover they made a huge mistake?