Unless things change radically, President Bush will be the first President since Herbert Hoover to have presided over a net loss of jobs during his administration.
Sentiment: NEGATIVE
Furthermore, and a point I really want to make very strongly, is that this is the first Administration since Herbert Hoover not to create a net gain in jobs in the course of its Administration.
In his first term, President Barack Obama played a cautious manager navigating the worst economic disaster since the Great Depression and cleaning up the messes left by President George W. Bush in Iraq and Afghanistan.
I thought the Bush economic policy was a disaster. We lost 500,000 private sector jobs during his tenure.
Don't worry, America. We survived Jimmy Carter, and we will survive Barack Obama. Only one questions remains... who is the next Ronald Reagan?
No man will ever carry out of the Presidency the reputation which carried him into it.
So long as the global economy continues to recover, that remains Obama's No. 1 claim to successful leadership. Nothing else even comes close.
Jobs will come back when the economy recovers, but they will never be the same.
The last six months of the Bush administration lost four million jobs and the first six months of the Obama administration lost another four million before any initiatives of the president could take action.
Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back.
I am not predicting here that Obama will fail like Jimmy Carter. What I am predicting is the Republican Party is not extinct and will after a period of time become a strong opposition party.
No opposing quotes found.