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originally posted by: strongfp
a reply to: PastyGansta
You mean using emergency tax funds where they were needed the most to stimulate the economy? What planet do you live on.
Before government took control of such situations American's were a literal pure capitalistic state where you looked to private bankers to bail them out.
originally posted by: Blue Shift
originally posted by: 10uoutlaw
a reply to: Blue Shift
My sons wife lost her job but her new one pays her much better , she now makes more in one week than she did in two at her old job . My sons job is paying him much more than 2 years ago . My daughter and her husband are both doing much better now than two years ago . It's only 4 people but I think there are many more .So they will take Trumps economy over Obama's big time
Like I said, enjoy it while it lasts. It really has nothing to do with political parties.
originally posted by: OccamsRazor04
originally posted by: ScepticScot
originally posted by: Lumenari
originally posted by: ScepticScot
originally posted by: Lumenari
a reply to: strongfp
What's your point? Notice the difference between how Obama handled the downfall and how Trump is? I bet you can't with your dissonance towards the subject.
Obama was handed an economy that Democratic policies caused and managed to take a 18-21 month recession and make it last 8 years while telling everyone that America was in a permanent decline and he was just there to manage the decline.
Trump took the same and here we are.
So yes, there is a HUGE difference between how Obama and Trump handled the economy.
The US is in longest period of continued growth recorded, the majority of which was under Obama.
Not sure how that is making a recession last 8 years.
Trump so far has kept the economy going well but it is very much built on trends that started long before he became president.
Did you type that with a straight face?
Just.... LOL
So what policies did Democrats enact that started this amazing growth?
Or do you just mean that enough people fell off of unemployment and started getting food stamps that the unemployment numbers went down under Obama?
Because Obama added 13 million people to the food stamps roster.
The number of people in poverty rose 6 million under Obama.
But yea... this is Obama's economy we are seeing now.
/facepalm
Obama inherited the worst economic downturn since the great depression.
He passed on an economy with ( at the time) the second longest period of economic growth recorded.
I dont think Obama did a great job on the economy But the idea that there has been a major economic turnaround under Trump is simply false.
There is always a big recovery after recessions. Obama's recovery is the worst in US history. Dead last worst.
The right measure and comparison for Obama’s record is not to compare the recovery to the recession, but to compare Obama’s recovery with other recoveries from other recessions since the Great Depression. By that measure, what is clear is that Obamanomics has produced the worst recovery from a recession since the Great Depression, worse than what every other President who has faced a recession has achieved since the Great Depression.
www.forbes.com...
originally posted by: carewemust
a reply to: Fallingdown
Contrast with Canada's November numbers:
71,200 Jobs LOST
Unemployment rate jumps to 5.9%
Source: theconservativetreehouse.com...
CNSNews.com) - Manufacturing jobs increased by 54,000 in November, climbing from 12,811,000 to 12,865,000, according to the numbers released today by the Bureau of Labor Statistics.
The 12,865,000 now employed in the manufacturing sector is the highest number since November 2008, eleven years ago.
A good part—but not all—of November’s increase in manufacturing jobs resulted from the end of a strike in the automotive industry.
CNN Hits Three-Year Ratings Low Amid Impeachment Drama
By Daily Caller, December 5, 2019:
NN posted its lowest primetime ratings in three years over the Thanksgiving holidays, while Fox News posted higher ratings than CNN and MSNBC combined.
Fox News averaged nearly 2.2 million viewers in primetime last week, including 303,000 in the coveted age 25-54 demographic, according to Nielsen Media Research. MSNBC averaged over 1.3 million viewers in primetime last week, with 187,000 in the 25-54 demographic, while CNN averaged just 643,000 primetime viewers, with 138,000 coming from the 25-54 demographic.
The number of Hispanics and Latinos employed hit a new record of 28,350,000 in November, breaking the record set a month earlier, as the national seasonally-adjusted unemployment rate for Hispanics and Latinos ticked up to 4.2% – from the record low set in September.
In November, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.2%, up from 4.1% in October, up from its record low of 3.9% set in September. BLS began tracking Hispanic-Latino employment data in 1973.