The Cost of Obamanomics: 200k businesses since 2008
More than 200,000 small businesses vanished between early 2008 and 2010 — a period covering the Great Recession and its immediate aftermath — taking with them in excess of 3 million jobs, according to Census figures which illustrate the depth of the country’s economic hole.
Data is only available until 2010, but the U.S. Census Bureau stats reveal a startling slide for America’s businesses. While the country boasted 5.14 million firms with up to 99 employees as of March 2008, that number dropped to 4.92 million by March 2010 – representing a loss of roughly 223,800 businesses and 3.1 million workers.
Yes, liberals, I understand Obama couldn’t control economics in 2008… but you sure as hell didn’t give George W. Bush the same leniency after the Tech Bubble or 9/11. That’s how I’m playing the blame game…. using YOUR rules. Now you know how much double standards stink… and sting.