ChiefsPlanet Mobile
Page 5 of 7
< 12345 67 >
Washington DC and The Holy Land>How Trump's three years of job gains compares to Obama's
Lex Luthor 11:53 AM 02-07-2020
Some interesting statistics on job growth that Trump supporters will claim don't matter or insist are just fake news ...

Originally Posted by :
How Trump's three years of job gains compares to Obama's

President Donald Trump says he is particularly pleased with the jobs created during his three years in office.

"We're producing jobs like you have never seen before in this country," he said during a recent speech in Michigan.

But you don't have to go back far to find three years of better job growth. Just to back to the previous three years under Barack Obama.

During Trump's first 35 months in office, the US economy has gained 6.69 million jobs. But during a comparable 35-month period at the end of Obama's tenure, employers added 7.96 million jobs, or 19%, more than what has been added since Trump took office.

The average monthly gain so far under Trump is 191,000 jobs. During the last 35 months under Obama, employers were adding an average of 227,000 jobs a month.

On Friday, the Labor Department will report January job growth, concluding the first three years of the Trump administration. Economists surveyed by Reuters forecast that employers added 160,000 in January, which would be a bit better than the 145,000 jobs added in December.

The job record under Trump is far better than the job record during Obama's first 35 months in office, when the economy lost 1.2 million jobs. But Obama took office in the midst of the worst financial crisis since the Great Depression. In the final job reading before Obama took office, the economy lost 783,000 jobs in that month alone. And it continued to lose jobs throughout the rest of 2009 as Obama's economic policies went into effect.

By comparison, Trump took office with the labor market in relatively good shape, with unemployment at 4.7%, and a string of 76 straight months of job gains. The labor market has clearly continued to improve. Unemployment of 3.5% is at a 50-year low now. But it is a continuation of an improving job market, not the turnaround that occurred in the early years of the Obama administration.

And Trump's job record is not unique. A gain of more than 6.7 million jobs during a 35-month period has been common during the 80 years that the Labor Department has counted jobs. There are hundreds of overlapping 35-month periods of better growth on record.

At this point in his first and only term, Jimmy Carter had enjoyed a gain of about 10 million jobs. Employers added 8.5 million jobs during the first 35 months of Bill Clinton's term and 7.6 million jobs during the first 35 months of Lyndon Johnson's tenure, even though the labor force at that time was less than half the size of what it is today.
https://www.cnn.com/2020/02/06/econo...son/index.html

Trump keeps telling the Big Lie, and his supporters continue to swallow it, hook, line, and sinker.

To summarize:
  1. Job growth in the last 35 months under Obama far surpassed job growth in the first 35 months under Trump.
  2. When Obama took office, he inherited the worst financial crisis since the Great Depression.
  3. When Trump took office, we already had 76 consecutive months of job growth. Job growth declined by an average of 36,000 jobs per month after Trump took office.
  4. During Trump's time in office, the deficit exploded to over a trillion dollars a year, despite the massive GOP tax cuts that were supposed to pay for themselves.

Despite items 1-4 above, Trump continues to tell the Big Lie and claim that the economy is performing far better under him than it has ever performed.

And the members of the Cult of Trump continue to believe it.


[Reply]
stevieray 07:26 AM 02-08-2020
Originally Posted by Loneiguana:
Look at this pussy
We do, we see you bleeding out everyday, Frankie.
[Reply]
D2112 07:51 AM 02-08-2020
Hey, does anybody remember Pelosi calling Trumps tax cuts Armageddon? Yeah, I do. Armageddon has been pretty good to me lately.
[Reply]
IowaHawkeyeChief 08:37 AM 02-08-2020
Originally Posted by Loneiguana:
Look at this pussy giving lame excuses for why Trump hasnt delivered on 3 percent growth like he promised.
Yea... I'm the pussy... :-)

The news gets worse for you:

https://thehill.com/changing-america...satisfied-with

Originally Posted by :
A fresh Gallup poll brings optimistic statistics: a record high of 90 percent of Americans report satisfaction with their lives.

This is best illustrated with Gallupís other recent poll that registered Americansí record-high optimism regarding their personal finances. Fifty-nine percent of respondents told Gallup that they are in a better financial position today versus a year ago, with a strong 74 percent (roughly 3 out of 4 respondents) optimistic that they will continue being financially satisfied within a year.

[Reply]
IowaHawkeyeChief 08:42 AM 02-08-2020
Originally Posted by IowaHawkeyeChief:
I'm at an airport flying back from Miami and the wonderful Chiefs win...

getting ready to board, so don't have time to post... However,

Hint:

There is a CNN article, just to compare apples to apples that discuss Obama's great job success that was written in 2016...
On a layover, part of your homework

https://money.cnn.com/2016/11/04/new...s-under-obama/

Originally Posted by :
Disappearing manufacturing jobs have been a dominant issue on the campaign trail. Overall, manufacturing jobs have declined 122,000 since February 2009. But some blue collar jobs are growing, such as construction.
The bottom line is: Almost all of the job gains under President Obama have been in so-called service jobs, such as those in Silicon Valley and consulting. Others are the low-end jobs, toiling in stores and restaurants.

[Reply]
HemiEd 08:43 AM 02-08-2020
Originally Posted by D2112:
Hey, does anybody remember Pelosi calling Trumps tax cuts Armageddon? Yeah, I do. Armageddon has been pretty good to me lately.
You are the exception that actually understands them I think. It is my understanding, most people see less deducted on a per payday basis.

But then when it comes time for their tax return, they are not getting huge returns, enough to buy a nice set of DUBS, so it doesn't have the impact they were expecting.

So they decide the media must be right and only the rich got a reduction.
[Reply]
HemiEd 08:47 AM 02-08-2020
Originally Posted by Loneiguana:
Look at this pussy giving lame excuses for why Trump hasnt delivered on 3 percent growth like he promised.
Well with all of the obstruction from the left, what he has done, has been remarkable.

It reminds me of our Military under Obama, having their hands tied behind their backs.
[Reply]
Snopes Hammer 09:16 AM 02-08-2020
Originally Posted by IowaHawkeyeChief:
On a layover, part of your homework

https://money.cnn.com/2016/11/04/new...s-under-obama/
Good job, you're halfway there.
[Reply]
D2112 09:41 AM 02-08-2020
Originally Posted by HemiEd:
You are the exception that actually understands them I think. It is my understanding, most people see less deducted on a per payday basis.

But then when it comes time for their tax return, they are not getting huge returns, enough to buy a nice set of DUBS, so it doesn't have the impact they were expecting.

So they decide the media must be right and only the rich got a reduction.
I always want to come as close as possible to breaking even with my federal return as I can. I donít want the government holding onto my money.

Thank god I donít work in NY anymore. Paying taxes in two states was a nightmare, although the money during that time period was mind blowing. So it was worth the tax aggravation.
[Reply]
Hoopsdoc 09:50 AM 02-08-2020
Originally Posted by Reerun_KC:
Itís been outstanding. Jobs are plentiful, wages have drastically increased.

Beats the 8 long years of struggle under Obama.

Even better. The police arenít under 24/7/365 attack anymore.
This is anecdotal of course, but I canít ever recall seeing more Trump signs than I have in the past 6 weeks or so. They are EVERYWHERE.
[Reply]
Otter 10:14 AM 02-08-2020
When Obama was president and the economy was in shambles the common narrative among Lex and his fellow progressives was presidential policies have very little impact on the state of the economy. However, now that Trump is president and this philosophy fits their narrative, now apparently presidential policies have a colossal impact on the state of the economy.

This is just one example the constant lies and propaganda libtards spew year after year. How often do you think you can lie to rational and sane people before they assume everything out of your mouth is a lie?

You libtards have the morals and maturity of a junior varsity cheerleader who's daddy spoiled her too much and think her bullshit carries over into the real world where everyone doesn't think like her daddy and not only that but they view her as an asshole.

You lying, backstabbing, morally bankrupt, libtards are not only a disgrace but anyone who hasn't gone through the brainwashing and lobotomy prerequisites of becoming a libtard know it and you just keep on trucking as if no one can see through your bullshit, recognize patterns, or simply look out the window.

Thanks for Trump!
[Reply]
Loneiguana 10:34 AM 02-08-2020
Originally Posted by IowaHawkeyeChief:
Yea... I'm the pussy... :-)

The news gets worse for you:

https://thehill.com/changing-america...satisfied-with
That's not a counter to your pathetic excuses for why Trump failed to deliver on 3 percent growth.

Sad.
[Reply]
Naptown Chief 10:38 AM 02-08-2020
Originally Posted by Loneiguana:
That's not a counter to your pathetic excuses for why Trump failed to deliver on 3 percent growth.

Sad.

via GIPHY


[Reply]
Bowser 10:46 AM 02-08-2020
Every single poster bitching about Trump's economy in this thread are benefitting from the economic boom and oil renaissance this country is experiencing right now, lol. They're likely the same idiots that stood up and applauded when Bill Maher said he hoped the economy of America collapsed so they could get Trump out of the White House. It's baffling to me how one President could enraged so many to get to a point where they would say such things. It's almost like they've had it jackhammered into their skulls to always, always be looking for a reason to get Trump out of Washington or something. But carry on libs, this thread will be an amazing case study.
[Reply]
Lex Luthor 10:48 AM 02-08-2020
Originally Posted by IowaHawkeyeChief:
On a layover, part of your homework

https://money.cnn.com/2016/11/04/new...s-under-obama/
So, according to the article you posted, 47% of the jobs created under Obama paid over $56,000 per year.

That doesn't really match up with your assertions about how horrible those jobs were. You are reading into the data what you want to believe.
[Reply]
Otter 11:21 AM 02-08-2020
Originally Posted by Bowser:
Every single poster bitching about Trump's economy in this thread are benefitting from the economic boom and oil renaissance this country is experiencing right now, lol. They're likely the same idiots that stood up and applauded when Bill Maher said he hoped the economy of America collapsed so they could get Trump out of the White House. It's baffling to me how one President could enraged so many to get to a point where they would say such things. It's almost like they've had it jackhammered into their skulls to always, always be looking for a reason to get Trump out of Washington or something. But carry on libs, this thread will be an amazing case study.
It's brainwashing. Has to be.

No way can any sane person still be trying to ride the libtard dead horse to the finish line.

If anyone comes up with a good name for the horse let me know. I need to dust off my Photoshop skills.
[Reply]
Page 5 of 7
< 12345 67 >
Up