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originally posted by: hopenotfeariswhatweneed
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...
The conservative tree house eh, well a quick flick through that crap and surprise surprise it's all sensationalist clickbait . C'mon you don't really take any of that crap seriously do you.
The Democrats said it couldn’t happen, they said it wouldn’t happen. Guess what it did happen.
originally posted by: ManFromEurope
Walmart customer:” Trump created 5 million jobs!”
Walmart cashier:” I have 3 of them and I still can’t pay my rent.”
originally posted by: hopenotfeariswhatweneed
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...
The conservative tree house eh, well a quick flick through that crap and surprise surprise it's all sensationalist clickbait . C'mon you don't really take any of that crap seriously do you.
originally posted by: ScepticScot
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...
First of all its an article from 2013 so hardly representative of the economy Trump inherited .
Secondly it's defining it as the worst post-war recovery since took longer to recover to pre recession levels. Since it was the worst recession since the war that is an almost completely meaningless way of judging the recovery.
The article is an opinion piece by a right wing think tank so is trying to make a political point, not an economic one.
Again Obama's handling of the economy was far from perfect, but the economy that was handed over to Trump was doing well under every major economic metric. So far those trends have continued or even improved, but the idea of a miraculous economic turnaround is a myth.
originally posted by: OccamsRazor04
originally posted by: ManFromEurope
Walmart customer:” Trump created 5 million jobs!”
Walmart cashier:” I have 3 of them and I still can’t pay my rent.”
I see you consume CNN and AOC news. I found your problem.
Most of the wage growth has been for the bottom 40% of wage earners. The average work week is 35 hours. I know you haters would love America to fail just to blast #OrangeManBad.
Why do you hate the bottom 40% making HUGE wage increases not seen in over 20 years?
Workers at the lower end of the pay scale finally are getting the most benefit from rising wages
Average hourly earnings rose 3.4 percent in February, the best increase since April 2009.
For the first time during the recovery, lower-end earners are getting more of the benefit, according to a Goldman Sachs report.
The trend could mean that the economy has more strength to it than some economists think.
originally posted by: pexx421
a reply to: Puppylove
Oh yeah, industries love immigrants. They have to settle for less pay, can be abused and exploited without any recourse or defense, can’t work to improve their lot or advance. Have no protections or representation, and can’t get benefits. All things that make them perfect, subservient, obedient servants. Oh, and they lower the wage bar for the rest of the workforce too.
originally posted by: OccamsRazor04
a reply to: pexx421
Me and my wife both work in healthcare. Everyone in the hospital got huge increases. Everyone. Do you think an RN is an elitist 1%?
Why would I thank people that had nothing to do with it? They can push for it all they like it will never happen until the economic climate is ready for it, which is what Trump did.
Are you disputing the wage growth is happening or are you saying it is all going to the 1% and none to anyone else?
Workers at the lower end of the pay scale finally are getting the most benefit from rising wages
Average hourly earnings rose 3.4 percent in February, the best increase since April 2009.
For the first time during the recovery, lower-end earners are getting more of the benefit, according to a Goldman Sachs report.
The trend could mean that the economy has more strength to it than some economists think.
www.cnbc.com...
I really don't know what you are disputing.
originally posted by: OccamsRazor04
originally posted by: pexx421
a reply to: Puppylove
Oh yeah, industries love immigrants. They have to settle for less pay, can be abused and exploited without any recourse or defense, can’t work to improve their lot or advance. Have no protections or representation, and can’t get benefits. All things that make them perfect, subservient, obedient servants. Oh, and they lower the wage bar for the rest of the workforce too.
Democrats love it too. All those reasons are exactly why anyone who actually cares should support Republican efforts to fix immigration.