did obama's presidency finally prove liberal economics dont create jobs?

No, as the world is in recession and many of the job loads now are knock on effects of the policies of Bush and his warmongering and ignorance

Both parties are at fault. Both are subsidizing corporations.

The government cannot effectively run industry, just look at Amtrak. Subsidy is an undermining of Capitalism. The Republicans are often just at fault they sometimes subsidize the Oil Industry. Just the same the Liberals subsidize "Green Energy". I'm Libertarian and well I guess the Republicans are the lesser evil. But the economics issue is that we give too much power to the Federal Government and Federal Reserve. We need to deregulate and allow a greater Free Market for the greater good. We shouldn't also subsidize transportation. No more building Airports for Airlines, No more Amtrak. I'll make an exception for roads but have a tax for foreign auto makers. So every time you buy a Nissan, or Volvo, the car would get a 5% to 10% tax on it. Liberal Economics I agree though are horrible, the idea that the government makes things better is an evil tragedy. The best thing to do is to lower taxes, allow for employer choice by getting rid of that damned healthcare law that is killing Mom and Pop by requiring insurance for employees. The Mom and Pop business can't afford it. I really do hope it is struck down in the Supreme Court.

Subsidies don't work, Capitalism does. Deal with it. In the long term a Free Market will always win. And we are losing our Free Market under this Administration.

The Obama presidency should serve as a lesson for those that don't remember the Carter years. High unemployment, high energy costs, and weak foreign policy. The majority of the people learned their lesson and elected Reagan in 1980 in 46 states, then again in 1984 in 49 states. Bush Sr won the election only because Reagan couldn't be re-elected. We had 25 years of prosperity, until weak Republicans and strong liberals brought us down.

The funny thing with liberals is that they NEVER get it.

They are so full of themselves, that they believe they did not spend enough, because Republicans stopped them.

Or it has not been enough time.

Or some other foolish reason. They NEVER get it is their POLICIES that CAUSED all the damage, i:e, Freddy Mac, Fannie Mae, regulations, taxes, environmental groups, and UNIONS.

All of that contributed to the mass exodus of business away from the USA. The union entitlements in gov are creating a debt you will never be able to pay. IT IS FAR FROM OVER!!

14 Trillion dollars in debt, and what do they have to show for it? A couple of million jobs. Are you kidding me? Well after all, spending that much, something HAD to stick!!!

people don't know what to do with economics because we have now been encumbered by a value system that makes much of the population want it all without any sacrifice.. obama's presidency proved that the system must change.. anyone with half a brain can see the horrendous irony in that..

George W. Bush was the first President since Herbert Hoover (another one of those "give tax cuts to corporations no matter what, even it costs the middle and lower classes" Republicans and the one who led us into the Great Depression) to have the unfortunate distinction of NOT ONE single net job having been created in his first term in office. Unlike Hoover, Bush got a second term, where he repeated that unfortunate distinction for his last two years.

We gained 5,000 jobs in November 2009, so Obama was able to avoid that unfortunate distinction that trapped Bush for 6 of the 8 years he was President, and Obama was able to do it in his first year. We have been gaining private sector jobs by the tens of thousands every month since then except in the last 4 months, when we were gaining jobs by a minimum of one hundred thousand or better each month.

In the last three months of the Bush Presidency, we lost 699,000 jobs, 698,000 jobs, and 700,000 jobs respectively. In the last three months under Obama we GAINED at least 100,000 jobs, and usually more, in each of those months.

The last quarter under Bush saw Gross Domestic Product, the biggest factor most economists use as proof of how the economy is doing, shrink by 6.1%. That is a DECREASE of 6.1%.

The last quarter under Obama saw GDP grow by 5.7%. That is an INCREASE of 5.7%. Nearly a complete turnaround.

And since Obama took over, the dollar has had a 26% increase in value from what it was when Bush left office.

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Quite the opposite from your assertion, the Obama Presidency has proven beyond all doubt that Liberal economics are the smarter economics, and that it is Conservative economics that is the failure.

have you ever even examine your "info"? It of course states: "the final usefulness of those numbers is debated". It does not evaluate farm employment, self-employment, inhabitants advance and extremely some different aspects. And it does not differentiate between deepest sector jobs and those that are paid for with the aid of tax funds (which I contend is the only advance Obama has been stable at). you're able to seem up the word "lies, damn lies and info". Cherry figuring out on one source, with one set of numbers, to objective and instruct a element it rather is obviously incorrect is intellectually cheating.

At the end of Reagan's 2nd year as president the unemployment rate was 10.4%. What does that prove about Conservatives?

http://www.economagic.com/em-cgi/charter.exe/fedst...

Actually, just the opposite, because the economy is creating jobs in the private sector and has been doing so for months. Governments have been cutting jobs which has made the net effect less than normally expected. Gee, don't you wish you were even a little informed about what is really going on?

It has been proven throughout histpry that it doesnt work------it is our media that are misleading Americans down the path of la la land. Why , I dont know, but our media today isnt worth the paper it is written on.