Hammered

More of the same . . .

By Jeff Thredgold, CSP
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Table of Contents

Presidential Scorecard

The sharp plunge in U.S. employment of the past four months will add additional tarnish to outgoing President Bush’s legacy.

The President will leave office with an unemployment rate of 7.2%, versus the 4.2% rate he inherited from President Clinton in January 2001. An estimated three million net additional jobs were added during President Bush’s eight years in the Oval Office, versus nearly 23 million net new jobs added during the eight years of the Clinton Administration (Bloomberg.com).

Now it falls to President Obama. . . .


Tea Leaf, your guide to understanding today's economy

Published January 15, 2009

Jeff Thredgold, CSP
President, Thredgold Economic Associates

Republished with permission from Thredgold Economic Associates. Original article published on January 14, 2009, in Tea Leaf, a guide to understanding today's economy and financial markets.

Jeff Thredgold is president of Thredgold Economic Associates, an economic consulting and professional speaking firm based in Salt Lake City, Utah. He is an economist for Vectra Bank Colorado and the only economist in the world to have received the designation of Certified Speaking Professional (CSP).

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Hammered
More Losses in 2009 
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