Private Sector Job Growth: Before and After the Recovery Act

NOTE: Image was too large to post, so I just decided to post the direct link to said graph.

GRAPH

I have been seeing some Liberals spamming every Facebook page for the last few days with this graph. They don’t say anything other than vague sentences that suggest that Obama got people workign again.

However, when I look at the graph it doesn’t really tell me anything and doesn’t look all that impressive. So I thought I would ask the pros to tell me what I’m looking at or not seeing.

  1. Jobs grew, but was there an accompanying increase in unemployment? If two people get fired for every one that is hired, the graph is still the same, but the situation is getting worse. And indeed the unemployment numbers have gone up since Obama.

  2. Are these productive jobs? Meaning private sector manufacturing jobs? Or are they parasitical govt jobs?

  3. In the USSR everyone had a job. But you couldnt buy anything with your money, because nothing was produced.

So the derivative of private jobs goes positive eventually under Obama’s policies?

The second derivative was positive in Feb 09 under bush, and is now zero under Obama.

The third derivative was positive in Jun 08 under bush and went to zero at the start of Obama, and is now negative.

HUR HUR HUR graphs