The Bible and Society

How God’s Word is True

Obama Loses More Jobs In One Year Than Any President In Modern History

Posted by Mats on 03/01/2010

Jim Hoft

Worst. President. Ever. President Obama is the “Unemployment President.”

The unemployment rate was at 10.0% in December.

As we look back over 2009 we can now report that Barack Obama lost more jobs in his first year in office than any president in modern history. Barack Obama lost over 4 million jobs alone since his failed stimulus was passed in February.
USA Today reported:

Even before Barack Obama took the oath of office, his economic advisers projected that without hundreds of billions of dollars in government spending, the U.S. economy could lose another 3 million to 4 million jobs on top of the 3.1 million lost in 2008.

It turns out they were optimistic. Even with the $787 billion stimulus package that Obama signed in February, more than 4 million jobs have been lost in 2009, the worst year for job losses since World War II. The jobless rate that advisers projected would peak at 8% has topped 10%.

And it took him until December to hold a jobs summit to address the problem.

And Doug Ross reports that things are likely to get much worse before they get better.

Comments (30)

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3 Responses to “Obama Loses More Jobs In One Year Than Any President In Modern History”

  1. Obama is responsible for the deep recession that began in 2007? Well, you morons think Bush was a great president even though he doubled the national debt and allowed our country to be attacked in 2001 after a flood of warnings.

  2. steve said

    Ben still cannot accept the fact that 4 MILLION jobs have been lost since Obama took over. There are countless speeches and videos of said speeches of how Obama and his band of thugs were going to turn this around. Obama hasn’t netted one job, except of course government ones. Job creation has never been his plan. His plan plain and simple is redistribution of American’s wealth, and bankrupt this country. He threw away $400 BILLION to Fannie and Freddie, after Barney Frank and Chuck Schumer opposed regulations and the Clinton administration forced them to make loans to people knowing they couldn’t pay. All this was designed to make these mortgage companies and banks fail so the government could take control. Folks like Ben will blame Bush forever even when Obama is in their faces bankrupting them. Obama is an empty suit, a joke at running anything but his mouth; just like 99% of all liberals.

  3. Mats said

    Yes, Ben, its all Bush’s fault. Typical.

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