Sunday, January 26, 2014

The State of the Union won't be given by George W. Bush, but, the song struck me as common ground shared by many people around the world. Is there any question the changes in the USA during the time of that president has caused nearly intractable damage. 

Can the USA claim it is the same beacon of peace and prosperity as it was 15 years ago?

I admire President Obama for realizing the pain of the USA and a global community in sincere loss of the USA as it existed for so long. He has been fighting for the return of our great nation.

The nation has been able to identify problems that were never discussed in past Executive Branch administrations. Even, Former President Clinton wasn't willing to discuss issues such as income inequality. He came into office to recover the economy. He had very little to work with ir from the previous four decades of Republican rule of our economy. If Former President Clinton ever stated, "I am going to return economic viability of the Lower Middle Class, but, for cryin' out loud there is little here that is going to be upward mobility," it would have deadlocked the Republicans in Congress to cause greater pain to the people of the nation during his presidency. Instead, there were more millionaires in the USA during the Clinton presidency than ever imagined and those millionaires hired other Americans.

I found this graph interesting. It is from the Bureau of Labor Statistics.
Harry S. Truman - 1945 thru 1953

Dwight D. Eisenhower - 1953 thru 1961

John F. Kennedy - 1961 thru 1963

Lyndon B. Johnson - 1963 thru 1969

The US unemployment rate was fairly static during these years. 

Richard M. Nixon - 1969 thru 1974 

It at the beginning of this presidency and the end of the Johnson presidency a new reality was beginning to emerge. Job losses. Not worker unemployment, but, job losses.

Gerald R. Ford - 1974 thru 1977

Jimmy Carter - 1977 thru 1981

Ronald Reagan - 1981 thru 1989

George H. W. Bush - 1989 thru 1993

At the end of the Bush presidency a new trend in the American worker erupted. The words Discouraged Workers, Marginally Attached Workers and the chronic Part Time Worker with multiple jobs.

William J. Clinton 1993 thru 2001

The US unemployment rate dropped continually across all sectors during these years .

George H. W. Bush - 2001 thru 2009

 The US unemployment began to creep up again and started an old pattern in all sectors.

Barak Obama - 2009 to present

2008 hit and the unemployment rate across all sectors spiked, it has been dropping ever since.