LOL - I posted a link. And not only that - YOU posted a link. YOU posted a link, that said exactly what I said.
Whassa matter, freak? Can't admit you were wrong?
You lying friggin' freak. Apologize.
dude you said it had nothing to do with markets and then said it did.
cooocooo
And?
Where does this mention the market? Or is just another one of your non-sequitor posts?
From 1948 through 1982, recessions and recoveries followed a tight pattern. Growth plunged in the downturn, then spiked quickly. When growth returned, so did job creation.
You can see those patterns in comparisons of job creation and growth rates across post-World War II recoveries. Starting in 1949 and continuing for more than 30 years, once the economy started to grow after a recession, major job creation usually followed within about a year.
At the height of those recoveries, every 1 percentage point of economic growth typically spurred about 0.6 percentage points of job growth. You could call that number the “job intensity” of growth.
The pattern began to break down in the 1992 recovery, which began under President George H. W. Bush. It took about three years — instead of one — for job creation to ramp up. Even then, the “job intensity” of that recovery barely topped 0.4 percent.
The next two recoveries were even worse. Three-and-a-half years into the recovery that began in 2001 under President George W. Bush, job intensity was stuck under 0.2 percent. The Obama recovery is now up to an intensity of 0.3 percent, or about half the historical average.
Jobs are almost always (and maybe 100% always) lag behind the market in a recovery.
stock market gains are part of a recovery you liar
post 27
You mean the article that said absolutely NOTHING about the market?
Don't grasp. You've been undone here - admit it, and apologize.
Saving this one for the constant "where have I lied" BS out of you. Loser.
I was just offering some consolation for Chapdog.
I liked uscitizen - his "claim" was right, but hardly groundbreaking. It was based on precedent.
that 100% nearly was not true.
Its a recent pattern huh
post 27
growth returned and so did job creation.
Now what is the pattern now?
http://www.dispatch.com/content/sto.../in-new-economy-jobs-lag-behind-recovery.html
So do you blame Obama for this new pattern that started way before he gained office?
From 1948 through 1982, recessions and recoveries followed a tight pattern. Growth plunged in the downturn, then spiked quickly. When growth returned, so did job creation.
You can see those patterns in comparisons of job creation and growth rates across post-World War II recoveries. Starting in 1949 and continuing for more than 30 years, once the economy started to grow after a recession, major job creation usually followed within about a year.
At the height of those recoveries, every 1 percentage point of economic growth typically spurred about 0.6 percentage points of job growth. You could call that number the “job intensity” of growth.
The pattern began to break down in the 1992 recovery, which began under President George H. W. Bush. It took about three years — instead of one — for job creation to ramp up. Even then, the “job intensity” of that recovery barely topped 0.4 percent.
The next two recoveries were even worse. Three-and-a-half years into the recovery that began in 2001 under President George W. Bush, job intensity was stuck under 0.2 percent. The Obama recovery is now up to an intensity of 0.3 percent, or about half the historical average.