youthathletics wrote: ↑Tue Aug 13, 2019 5:14 pm
MDlaxfan76 wrote: ↑Tue Aug 13, 2019 4:18 pm
Job growth has slowed under President Trump compared to the final months of President Obama’s second term, despite Trump’s frequent boasts that the current economy is the “greatest” in the history of the country.
During the first 29 full months that Trump has been in office, from February 2017 through June 2019, the economy created 5.61 million jobs, or about 194,000 per month, according to the Bureau of Labor Statistics.
During Obama’s last 29 full months, from September 2014 to January 2017, the economy added 6.42 million new jobs, or about 221,000 per month.
Altogether, job growth under Trump is about 810,000 jobs short of what it was under Obama during the final part of his presidency.
The job growth numbers were much better in 2018, which Forbes noted was due to a massive corporate tax cut that blew a huge hole in the deficit, but have gotten far worse this year. The gap in job growth between Trump and Obama was only about 194,000 in January but has increased by 616,000 jobs since.
The tax cut proved to be a 'sugar high,' as predicted by most economists, and is now worn off. Add to that the big drag in "trade wars are easy to win" and the economy has slowed considerably.
Jesus H, I can read. That salon link had nothing to do with my reply to wahoomurf. I even said..."
as much as Obama got the train running again...Trump gets credit for it in the eyes of the voters"
And
unemployment is at its lowest percentage in over a decade. Of course the numbers are going to slow when so many are back working that are qualified to work. Heck, even TLD just said the have been hiring non stop in the North East and here in the DMV, we are having issues trying to find qualified people and need about 5 new people.
Remember how you dump on those not as smart as you for a post about comprehension of reading a trend graph in the Climate Change thread? Then you try to justify and compare Trump and Obama based on months 1st term and Obama 2nd term in comlpetely different era? Sheesh...... Apples and oranges.
I'm really not sure how any thinking person can look at a graph of Obama's two terms and Trump's first two years and not see a straight line. Yes, Obama's economy in last two years directly leading into Trump's first two years. Same era, not apples and oranges.
Yet, you think "Trump gets credit for it". Nope. Most economists give him no more credit than not (yet) fouling up the trend line.
You're just buying into the Fox narrative, and sure, most Fox watchers do buy into that narrative. But that's not the same as "most voters".
You think employment growth is slowing because there aren't enough workers who are qualified? Well sure, for jobs that require math and science and computer skills. But there are lots and lots of underemployed and discouraged workers out there still...Trump made a lot of promises to those folks and has not delivered. Actually on that issue, I'll cut him some slack as the problem, unfortunately, is far less simple than he and Low Dobbs like to spout about. It's not immigrants taking jobs that Americans want, nor is it those nefarious Chinese. Nope, it's about a world economy evolving rapidly through automation. And that's going to continue at a faster pace than any tariff could possibly hope to fix. Same for coal. Alternative energy sources are rapidly beating coal on cost. Technology. Capitalism.
But you're right, two different eras when each came into office. One guy came in with an economy, a world economy, headed into the deepest depression since the 1930's, and navigated through that danger, though of course not without some bumps, and the world slowly began to recover, the US leading the way. That recovery was slow, but very long and sustained. Last two years, pretty darn humming. Trump took over with that economy humming (same era!), then juiced that economy with a massive tax cut, with huge deficits as far as the eye can see, and the economy had a bit of a sugar high... but the high is wearing off, and the deficits are skyrocketing. Growth dropping.
So, the folks who actually study this stuff don't give Trump much credit for anything at all, and historians will likely point to the Trump deficit as disastrous. But that's just the first two years. The last six months there's growing sentiment that the trade debacle is creating tremendous worldwide uncertainty, businesses can't predict their costs, farmers can't predict their crop prices, so investment is slowing. Sugar high being replaced by fear.
It's not about "smart". It's about being trained to examine data.
Lots of smart people never had a chance at that training. Maybe you're one.
Some people had a chance, but didn't bother, weren't interested in learning those skills...I'm less patient with that.
But keep listening to Fox and Friends.
I prefer the WSJ for my conservative take on Trump's economic policies. They're not a propaganda machine for anything more than economic growth and prosperity. Not a party, not Der leader.
Not always right, of course.
But they at least don't tout total BS for those not trained to know better.
Someone up above said that Trump's a good salesman. Another comment called him a con man.
Well, if you buy this baloney he's selling, shame on you:
https://www.msn.com/en-us/news/politics ... spartandhp
