« Four More Years for Jack Abramoff | Main | Is McCain Incapable of Telling the Truth? »

Bush-McCain Economy - Highest Unemployment in 5 Years

2yrchart.jpegThe Bush-McCain economy (created by Bush and his economic blunders and pledged to perpetuate another four years by John McCain) has reached a new benchmark -- the highest unemployment in the last five years.

605,000 U.S. jobs have been lost just in this year alone.

84,000 jobs were lost in the month of August.

The Bush McCain energy policy has had a direct and profound effect on the quality of life in America, and John McCain and the GOP oil cartel are dead set on another four more years of record profits, as record unemployment continues to rise.

McCain pledges more tax cuts for the rich, and look at the results of these failed policies -- the rich get richer while the middle-class gets squeezed at the pump and left behind in the Bush McCain economy.

McCain also pledges to continue the aggressive foreign policy that has us up to our kneck in two foreign wars -- and we're running the nation further into debt (debt held by other nations) and shrinking the dollar further.

The jobless rate jumped to 6.1 percent in August, from 5.7 percent in July. And, employers cut payrolls for the eighth month in a row. Job losses in June and July turned out to be much deeper. The economy lost a whopping 100,000 jobs in June and another 60,000 in July, according to revised figures. Previously, the government reported job losses at 51,000 in each of those months.

The latest snapshot was worse than economists were forecasting. They were predicting payrolls would drop by around 75,000 in August and the jobless rate to tick up a notch, to 5.8 percent. The grim news comes as the race for the White House kicks into high gear. The economy's troubles are Americans' top worry.

The nation is firmly in the midst of another Republican Recession, and John McCain did not have one idea on how to fix the economy in last night's speech, not one idea.

Democrats have been warning that the Bush McCain economic policies would drive this nation into a recession, and that's exactly what's happened. All John McCain will do is continue the same failed policies for another four years. It's time for real change, not McCain shape shifting and more republican denial...

Related:


Note: Wizbang Blue is now closed and our authors have moved on. Paul Hooson can now be found at Wizbang Pop!. Please come see him there!

  • Currently 2.1/5
  • 1
  • 2
  • 3
  • 4
  • 5
Rating: 2.1/5 (11 votes cast)


Comments (10)

GianiD:

Pretty tragic that the economy has tanked since Dims took over Congress in 2007.

Does anyone remember how Dims claimed in 06 elections they'd do a batter job, clean up Congress, etc? Anyone remember 9% Nancy saying Dims had a 'common sense plan to lower gas prices'?

Well, gas prices have doubled, Congress is dirtier than ever, and the economy is tanking. THANKS DIMS.

BTW, besides naming a few post offices, what exactly has this Dim Congress done to help America?

Kev:

Still pushing the "McCain is Bush" thing, huh? Sad. I agree with GianiD, where is the plan the Dems promised to implement to help everyone out? Oh, that's right, it was just another lie to gain power. The Left is good at spreading lies.

GianiD:

Kev,

Continuing on the myth that Dims do a better job, I saw a report recently about the Top 10 Poverty cities in the US, and yes, all were led by Dims.

GB:

Interesting how you folks seem to forget that GOP has had control of Congress and the Senate for 12 of the last 16 years years, and the White House for the last 8 years. The economy didn't just tank, it has been in trouble for a long time. GOP dimwits never did anything to fix or stimulate it. GOP just spends and spends the earning of the middle class while enriching the wealthy on a war that has acomplished nothing except to push the country to the verge of bankruptcy and burden future generations with debt. By the way, were is Bin Laden, since you helped him slip away.

Lee Ward[TypeKey Profile Page]:

The Iraq war and the failed Bush McCain energy policies have shrunk the dollar and tanked the economy. The Bush McCain laissez-faire hands-off policy towards the housing and financial crisis were the icing on the cake in driving this nation into a recession.

If McBush is re-elected for four more years it'll be a depression.

GianiD:

9% Nancy PROMISED lower gas prices, and they practically doubled after she took over.

No surprise libs wouldnt answer the direct questions, all you have is blame bush.

Top 10 poverty cities, all DEM, yup, gotta blame Bush right?

jon:

McCain has been a thorn in Bush's side. I am not sure I get the Bush McCain Linkage. Seems to me that this association is inaccurate.

Lee Ward[TypeKey Profile Page]:

McCain has, by his own account, voted with Bush 90% of the time.

And those places where McCain formerly opposed Bush - immigration, tax cuts, offshre drilling, ANWR drilling -- McCain has totally flipped and moved to the Bush-side 100%.

McCain the Maverick became McCain the liar after he was at the bottom of the dung pile last July, and Giuliani was kicking his ass all over the U.S....

and although he's pretending he doesn't even know Bush now, this photo of Bush and McCain celebrating McCain's birthday a few years ago proves he's a liar. They were political pals, and McCain lies about that now.

They're pals, and joined at the hip policy-wise now more than ever -- it's just a political unpopular place to be when you're up for election, so McCain is lying about it constantly.

Rich:

Actually the funniest part is all the links thrown in for us.

Lee Ward[TypeKey Profile Page]:

Yeah, I figured any conservatives trolls that came along would get a kick out of that stuff.

John McCain maintaining that the economy is just going through a rough spot, along with his adviser saying we're just a nation of whiners - those are among my favorites.

Fred Thompson declaring we're not in a recession is another - man, that guy is one of the stoopedest idiots you guys ever fell in love with.... but he's pro-life - just anti-intelligence -- fits right in with the Republicans around here....

Republicans have been putting their heads in the sand over the economy since January. Today's unemployment figures illustrate once again just how wrong Republicans are about the economy.


Contact

Send e-mail tips to us:

[email protected]

Advertisments

Categories

Archives

Technorati



Add to Technorati Favorites

Credits

Publisher: Kevin Aylward

Editors: Lee Ward, Larkin, Paul S Hooson, and Steve Crickmore

All original content copyright © 2007 by Wizbang®, LLC. All rights reserved. Wizbang® is a registered service mark. Wizbang Blue™ is a trademark of Wizbang®, LLC.

Powered by Movable Type 3.35

Hosting by ServInt

Ratings on this site are powered by the Ajax Ratings Pro plugin for Movable Type.

Search on this site is powered by the FastSearch plugin for Movable Type.

Blogrolls on this site are powered by the MT-Blogroll.

Temporary site design is based on Cutline and Cutline for MT. Graphics by Apothegm Designs.