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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]
Bowser 12:46 PM 02-10-2020
Originally Posted by Loneiguana:
As usual, Trumpers are being lied too and loving it when it comes to wages.
https://theconversation.com/real-pay...&ICID=ref_fark

[Reply]
Rent A Troll 09:08 PM 02-10-2020
Originally Posted by vailpass:
Rent a troll will surely respond to this post, even if just to acknowledge his error.
What on earth does the quote have to do with my post, and why does it indicate an error on my part? Please explain, as I'm sure you have a very intelligent answer prepared! :-):-):-):-):-):-):-):-):-):-):-):-)
[Reply]
Lex Luthor 11:05 PM 02-10-2020
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.

[Reply]
Baby Lee 11:08 PM 02-10-2020
Originally Posted by Lex Luthor:
It's shit like this that tells EVERYONE that you are not a principled opponent of the gauche tendencies of Trump and the stains he's putting on a proud and distinguished nation. You're a pissy little bigot filled with perpetual resentment.
[Reply]
HemiEd 03:39 AM 02-11-2020
Originally Posted by Rent A Troll:
What on earth does the quote have to do with my post, and why does it indicate an error on my part? Please explain, as I'm sure you have a very intelligent answer prepared!
The fact that you don't make the connection explains a lot.
[Reply]
Over Yonder 04:32 AM 02-11-2020
Originally Posted by Mr. Kotter:
Why do RWNJs hate America so much???





Why do you folks and those like you continue to believe this LIE???

:-)

You guys must just believe whatever you read or hear, or you base your perceptions on personal anecdotal "evidence" and the delusional rhetoric of those you get your information from...because you both are speaking nonsense.

Productivity in the United States ranks third in the entire WORLD...we are third largest country in the world, and we rank third in productivity. Of course, larger countries are at a disadvantage because larger sample sizes dilute results, and yet we are THIRD. Only Norway and Luxembourg have higher rates of productivity. The 119th and 169th largest countries.



The next closest? Japan...ranks 11 in population, and 21 in productivity. The closest other large countries with relatively impressive productivity....German, France, and the UK--countries with less than 20-25% of our population...I'll post the productivity chart with relevant links below.

https://en.wikipedia.org/wiki/List_o...er_hour_worked

https://en.wikipedia.org/wiki/List_o...United_Nations)



Those are the facts.

You need to stop believing real "fake news" outlets...
You do realize third sucks, right? Were you rooting for a third place finish for the Chiefs this past season? We have the technology, infrastructure, and natural resources to outproduce ANY nation on the globe, regardless of size. As a matter of fact, it wasn't that many years ago, we did.

And yes, my opinion comes mostly from anecdotal "evidence". I don't need a graph or pie chart on the internet to tell me what I can see with my own two eyes. Information is a good thing, but like most everything in life, too much of a good thing can be bad. A person should never try to disprove what is staring them in the face. Do I try to explain to the hungry lion that he really ain't hungry and tell him I have a graph showing how humans are high in cholesterol anyways? That's foolishness my friend.

Step outside the classroom and get a job in the productive part of America. Your attitude will change I just about guarantee it :-)
[Reply]
Merde Furieux 09:45 AM 02-14-2020
I found an old article from 2013... I wonder how much worse it is today?

Government Dependents Outnumber Those With Private Sector Jobs In 11 U.S. States

America is rapidly becoming a nation of takers. An increasing number of Americans expect the government to take care of them from the cradle to the grave, and they expect the government to dig into the pockets of others in order to pay for it all. This philosophy can be very seductive, but what happens when the number of takers eventually outnumbers the number of producers? In 11 different U.S. states, the number of government dependents exceeds the number of private sector workers. This list of states includes some of the biggest states in the country: California, New York, Illinois, Ohio, Maine, Kentucky, South Carolina, Mississippi, Alabama, New Mexico and Hawaii. It is interesting to note that seven of those states were won by Barack Obama on election night. In California, there are 139 "takers" for every 100 private sector workers. That is crazy! The American people have become absolutely addicted to government money, and it gets worse with each passing year. If you can believe it, entitlements accounted for 62 percent of all federal spending in fiscal year 2012. It would be one thing if we could afford all of this spending, but unfortunately we simply cannot. We are drowning in debt, and we are stealing more than a hundred million more dollars from future generations with each passing hour. No bank robber in history can match that kind of theft.

Yes, we will always need a safety net. There are many people out there that simply cannot take care of themselves. We certainly don't want to see anyone sleeping in the streets or starving to death.

But if the number of people jumping on to the safety net continues to grow at the current pace, the net will break and it will not be available for any of us.

For example, the number of Americans on food stamps grew from about 17 million in 2000 to more than 47 million today. It nearly tripled in just 12 years.

What will happen if it nearly triples again over the next 12 years?

The federal government even has a website (benefits.gov) that guides people through the process of figuring out what welfare programs they can take advantage of.

Overall, the federal government runs nearly 80 different "means-tested welfare programs" and more than 100 million Americans are already enrolled in at least one of those programs.

Yes, I realize that figure is very hard to believe. I had a hard time believing it when I first came across it.

And it is even more shocking when you realize that the figure of 100 million Americans does not even include those who only receive Social Security or Medicare.

Today, there are 56.76 million Americans on Social Security.

To support all of those Americans on Social Security, there are only about 94.75 million full-time private sector workers.

So there are just 1.67 full-time private sector workers to support each American that is on Social Security.

Medicare is also growing like crazy. As I wrote about the other day, the number of Americans on Medicare is expected to grow from 50.7 million in 2012 to 73.2 million in 2025.

How much farther can we push things before the entire system collapses?

In order to support this exploding entitlement system, we need a lot more Americans to be working good paying jobs.

Unfortunately, millions of good paying jobs continue to be shipped overseas and they aren't coming back.

We are even losing good jobs to our own prisoners. The United States has the largest prison population in the world by far, and the exploitation of that low wage labor pool has become a boom industry in America. Even Microsoft and Boeing are using prison labor now. Just check out this video.

Meanwhile, there are millions upon millions of law-abiding Americans that cannot find jobs and that cannot take care of their families.

So poverty and dependence on the government are absolutely exploding. We have a system that is so messed up that it is hard to even put it into words. The middle class is being viciously shredded, and most Americans just continue to applaud the politicians from both parties that are doing this to us.

Our economy is being gutted at the same time that the welfare state is experiencing unprecedented growth. Instead of giving us real answers, our "leaders" just continue to borrow, spend and print more money. We are about to hit the debt limit again, and the Obama administration is saying that we should just do away with the debt limit permanently.

Most of our politicians don't seem to understand that they are systematically destroying our economy and the bright futures that our children and our grandchildren were supposed to have.

But there are some politicians out there that get it. Unfortunately, many of them live in other countries. For example, Canadian MP Pierre Poilievre seems to have a firm grasp on what debt is doing to the United States. The following are some excerpts from one of his speeches...


"By 2020, the US Government will be spending more annually on debt interest than the total combined military budgets of China, Britain, France, Russia, Japan, Germany, Saudi Arabia, India, Italy, South Korea, Brazil, Canada, Australia, Spain, Turkey, and Israel."

"Through government spending the indulgence of one is the burden of another; through government borrowing, the excess of one generation becomes the yoke of the next; through international bailouts, one nation's extravagance becomes another nation's debt"

"Everyone takes, nobody makes, work doesn't pay, indulgence doesn't cost, money is free, and money is worthless."

You can see his entire speech right here.

And if we continue down this path it is most definitely true that our money will eventually become worthless at some point. Just today I was down at the grocery store, and a can of chili that I was able to get on sale for 75 cents a couple of years ago now has a "sale price" of $1.69. If the Federal Reserve keeps recklessly printing dollars, eventually we will be fortunate to get a can of chili for 10 bucks. Things cost too much already, and the Fed seems absolutely determined to cut the legs out from under the U.S. dollar.

Unfortunately, printing money is the only way that we are going to be able to service the gigantic amounts of debt that we are accumulating.

According to Chris Cox and Bill Archer, two men who served on Bill Clinton's Bipartisan Commission on Entitlement and Tax Reform, there is no way in the world that we could raise taxes high enough to pay for all of the obligations that we are currently taking on. They say that even if we taxed all corporations and all individuals at a 100% tax rate on all income over $66,193, "it wouldn't be nearly enough to fund the over $8 trillion per year in the growth of U.S. liabilities."

Are you starting to get an idea of how much trouble we are in?

We don't have enough money to pay for all of this.

We are broke.

Our current economy is a debt-induced illusion, and we will soon be waking up to a tremendous amount of pain.

Are you ready?


http://theeconomiccollapseblog.com/a...s-in-11-states
[Reply]
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