"I know it was less than eight when he started" PP #231
This source says 7.8%
Barack Obama's Economy: The Ugly Truth | National Review
www.nationalreview.com/article/435093/barack-obama-economy-jobs-ugly-truth
May 6, 2016 ... In spite of his insistent rhetoric, President Obama's economy is the weakest in ... The unemployment rate has improved significantly, from 7.8 percent at ...
And now it's 4.x%
So not quite half.
I'm not sure where you're getting your numbers or your conclusions; not even entirely sure what they relate to.
No worries.
Lackluster though the Obama recovery may be, we're still better off in year 8 compared to year 1; the exact opposite of the Bush administration.
#232
Not my job to educate you.
"It ought to be.....taxpayers bought it and gifted it to the unions....." #233
a) "bought"?
Rented is probably more accurate.
My understanding is they were not grants, but loans, and are to be paid back in full.
b) To the benefit of us all.
According to a PBS documentary Secretary Paulson (Treasury Secretary / President GWB) is reported to have intended to let the banks whose bankers ran them aground with risky loans & other foolish bank practices simply fold.
Was it Lehman Bros. that was allowed to go under?
BUT !!
Larger organizations became protected by the "too big to fail" scenario; thus $700 $Billion $TARP of the Bush administration.
It wasn't enough to rescue the U.S. economy from the Bush recession.
It was merely enough to keep it on life-support until Bush / Cheney / Paulson could get out of town Jan. 20, 2009.
Obama / Biden took it from there, and it's been a fairly steady if gradual path to recovery.
President Trump will be taking charge of a nation in far better shape than the U.S.of A. President Obama inherited.