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The Trump Administration Just Took Credit For Obama’s Final Jobs Report

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posted on Feb, 3 2017 @ 11:12 PM
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a reply to: marg6043




Unemployment is over. Thanks Obama.

That would be what is known as a straw man argument. It is a logical fallacy. Look it up.

edit on 2/3/2017 by Phage because: (no reason given)




posted on Feb, 3 2017 @ 11:18 PM
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a reply to: schuyler



Obama had nothing to do with jobs this last quarter.

None of Trumps economic policies are enacted yet.


President-elect Trump had a little discussion with Carrier, and they decided to stay in the US.

And it only cost us 7 million dollars and then they announced they were jacking up prices. Great negotiating skills huh.


What, you think Obama should get credit for this?

Seeing how none of Trumps economic policies are working yet why should he get credit for anything.



posted on Feb, 3 2017 @ 11:22 PM
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a reply to: cantthinkofausername

And the OBAMA Administration just took credit for the sanctions slapped on IRAN this week: "We devised them! We want the fricken Credit!!"



posted on Feb, 3 2017 @ 11:25 PM
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originally posted by: Annee

originally posted by: ksiezyc
a reply to: cantthinkofausername

People are more confident in the economy with President Trump. Have you seen the market react to them?


Lowest approval rating in history.

Now that must give confidence. Right?


You can tout your poll numbers all you want. I choose to entertain more important numbers

1. Annual GDP growth rate %( Obama sucked)
2. Job growth rate % ( Obama sucked)
3. Debt as % of GDP ( Obama sucked)
4. Terror attacks on US Soil ( Obama sucked)
5. Illegal alien population ( Obama sucked)



posted on Feb, 3 2017 @ 11:29 PM
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a reply to: Arizonaguy

Yeah.
Well, Trump has "inherited" an improving economy. That recession thing that Obama "inherited" was tough.
www.usgovernmentrevenue.com...
edit on 2/3/2017 by Phage because: (no reason given)



posted on Feb, 3 2017 @ 11:31 PM
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a reply to: Phage

FDR did more with a worse economy. In 3 years he has the US back to 3.0 GDP growth. Not impressed.



posted on Feb, 3 2017 @ 11:34 PM
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a reply to: Arizonaguy
Yeah, well. Compare the size of that economy. Inertia does not only apply to physical mass.

The point is, Donny is jumping onboard with a rising tide.



posted on Feb, 3 2017 @ 11:35 PM
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a reply to: Phage

What you call a rising tide I call a ripple. Sometimes a fat guy has to do a cannonball to get the water moving



posted on Feb, 4 2017 @ 01:26 AM
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originally posted by: Phage

originally posted by: ksiezyc
a reply to: cantthinkofausername

People are more confident in the economy with President Trump. Have you seen the market react to them?


Yes. Wall Street likes the idea of less regulation.


You are right.

So do people that create jobs.

Perhaps that explains the job growth.



posted on Feb, 4 2017 @ 01:28 AM
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a reply to: Grambler


Perhaps that explains the job growth.

When did that actually start?



posted on Feb, 4 2017 @ 01:30 AM
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originally posted by: Phage
a reply to: Grambler


Perhaps that explains the job growth.

When did that actually start?


According to this report January.



posted on Feb, 4 2017 @ 01:36 AM
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a reply to: Grambler

Really?
data.bls.gov...



posted on Feb, 4 2017 @ 01:43 AM
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originally posted by: Phage
a reply to: Grambler

Really?
data.bls.gov...


Yes really. The OP says 227,000 jobs were created in January. That was higher than the expected 173000. That is growth.

Jobs growth had slowed in 2016. In fact, December only had 156,000 under Obama. Trumps first month had 227,000. That is growth.

www.latimes.com...

Last January the economy only added 151,000 jobs under Obama. This January under Trump 227,000 jobs were added. That is growth.

www.latimes.com...



posted on Feb, 4 2017 @ 01:44 AM
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a reply to: Grambler

www.abovetopsecret.com...



This January under Trump 227,000 jobs were added. That is growth.
Trump was not president. Let's give it a quarter or so before we start chiming the bells.

edit on 2/4/2017 by Phage because: (no reason given)



posted on Feb, 4 2017 @ 01:49 AM
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originally posted by: Phage
a reply to: Grambler

www.abovetopsecret.com...



This January under Trump 227,000 jobs were added. That is growth.
Trump was not president. Let's give it a quarter or so before we start chiming the bells.


He was for 11 days. And you were commenting on his deregulation helping the stock market, which as you know, he had not enacted.

Why would you say this...


Yes. Wall Street likes the idea of less regulation.


Knowing full well that Trump had not removed any regulations?

Could it be that your implication was that the stock market anticipated deregulation from Trump, although it had not yet happened.

To which I responded that job creators too like less regulation, implying just as you were that they anticipated it and made more jobs?


edit on 4-2-2017 by Grambler because: (no reason given)



posted on Feb, 4 2017 @ 01:51 AM
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a reply to: Grambler




He was for 11 days.

Query 1: What was the period of the report?



To which I responded that job creators too like less regulation, imply just as you were that they anticipated it and made more jobs?
Jobs are the result of increased demand. Not anticipation of demand.

Query 2: When did job growth start?


edit on 2/4/2017 by Phage because: (no reason given)



posted on Feb, 4 2017 @ 01:54 AM
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a reply to: buster2010

Didn't they also say that they were going to use that 7 million to automate everything?

Don't think that's much job creation



posted on Feb, 4 2017 @ 01:59 AM
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originally posted by: Phage
a reply to: Grambler




He was for 11 days.

Query 1: What was the period of the report?


January.




Jobs are the result of increased demand. Not anticipation of demand.


That is a gross oversimplification and you know it. Businesses also factor in upcoming political climates in their job creation, such as a potential for more or less regulation.

If only increased demand mattered, are you telling a coal mining company that anticipated severe regulations on coal in the coming months would not look at that issue and hire only only the demand for that month? You know this is not true.




Query 2: When did job growth start?




Well seeing as how every President since Herbert Hoover has had job growth in every one of their terms, I guess it started with Franklin Roosevelt.

How does this change the fact that job creators like less regulation and there was job growth in January?



posted on Feb, 4 2017 @ 02:02 AM
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a reply to: Grambler




January.



The Employment Situation report is typically released on the third Friday after the conclusion of the reference week, i.e., the week which includes the 12th of the month.

www.bls.gov...



If only increased demand mattered, are you telling a coal mining company that anticipated severe regulations on coal in the coming months would not look at that issue and hire only only the demand for that month? You know this is not true.
Are you telling me that coal company will lay off workers (and thus cut production) before they have to?



Well seeing as how every President since Herbert Hoover has had job growth in every one of their terms, I guess it started with Franklin Roosevelt.
Are you sure?
data.bls.gov...
edit on 2/4/2017 by Phage because: (no reason given)



posted on Feb, 4 2017 @ 02:02 AM
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The left still has some tricks, get ready for a stock market crash.s
The knives are out for President Trump and the Fed could just be their secret weapon.
The Fed will likely raise rates and contract the money supply. They will need an excuse to do it, and what better excuse than a rise in inflation caused by Trump policies. Trump will be aware of this, the left underestimates him. Maybe he should talk to Ron Paul and get his views on The Fed.
I'm an optimist, even this can be overcome.




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