Here's my latest chart:
The blue shaded area is from Obama's election to present. The red is Bush's term.
Point 1: If you figure it was around September that Obama pulled ahead in the polls for good, and some time before that when it was likely he would be elected, a lot of this has happened during a period when employers knew he was the next president. There was great weakness in the employment situation for several years before Bush left office, and near the end, employment had begun to decline considerably. But the slope of the line turns into a nice, fast ski jump right around the time Obama's election was becoming certain.
Point 2: The Employment Survey is rapidly approaching the level when Bush took office. We should fall below that number next month according to the trend.
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