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Old Yesterday, 03:44 AM
 
1,140 posts, read 247,043 times
Reputation: 1220

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Quote:
Originally Posted by chad3 View Post
Black unemployment rate by year,

2009- 16.1
2010- 15.5
2011- 15.4
2012- 14.0
2013- 11.9
2014- 10.6
2015- 8.5
2016- 7.9
2017- 6.7
2018- 6.6
2019- 6.0

Donald Trump inherited a black unemployment rate that has been steadily falling for over 10 years.

https://data.bls.gov/timeseries/LNS14000006



Under Obama the black unemployment rate fell from 12.7% to 7.7% (a decrease of 5%)
Under Trump the black unemployment rate fell from 7.7% to 6.0% (a decrease of 1.7%)

Who deserves more credit and praise for lowering the black unemployment rate, Obama or Trump?

https://data.bls.gov/timeseries/LNS14000006



Economic growth has been consistent since 2010.
https://www.statista.com/statistics/...es-since-1990/

outstanding post - DJIA had similar moves
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Old Yesterday, 04:20 AM
 
Location: Swiftwater, PA
14,431 posts, read 11,744,799 times
Reputation: 10823
Quote:
Originally Posted by somebodynew View Post
I am not hearing such good news about the economy. Haven't heard to word inflation for a long time before now. Oh yeah, it was around the Bush era.
I have seen poll like this one (https://www.msn.com/en-us/money/vide...omy/vp-AABKCcl) on liberal networks where the majority of responders give President Trump credit for a better economic position. However, as soon as the poll comes down; the networks forget the numbers. They only remember the numbers that work for their position.

Here are the historic inflation rates from 1956 to 2019: https://www.inflation.eu/inflation-r...ed-states.aspx. Then you can also look at this chart that might give you another perspective: https://www.clevelandfed.org/our-res...ectations.aspx. All you have to do is Google.
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Old Today, 11:00 AM
 
Location: New Orleans, La. USA
5,926 posts, read 2,838,477 times
Reputation: 2188
Quote:
Originally Posted by TBMorgan View Post
outstanding post - DJIA had similar moves
"Under Obama, the S&P 500 grew by 56.4%. The Dow Jones Industrials Average was up 50.6% and the Nasdaq, 92.9%."

"The numbers under Trump were 21.4% for the S&P 500, 25.2% for the Dow, and 34.2% for Nasdaq."

https://fortune.com/2019/06/03/stock...-obama-sp-500/


https://www.forbes.com/sites/chuckjo.../#600a86464c88
https://www.financial-planning.com/o...rump-and-obama
https://www.macrotrends.net/2481/sto...e-by-president
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Old Today, 12:31 PM
 
Location: Long Island
33,104 posts, read 13,966,623 times
Reputation: 7056
Quote:
Originally Posted by nononsenseguy View Post
If Trump's economy is only good for the "upper class," how come unemployment is so low? Jobs are back, manufacturing is back, and that's good for everyone especially the middle class. And, black unemployment is a historic low. In addition, wages are up. Home ownership is also up.

"Stagnation and decline" is what we had during the Obama years. He said himself, "Those jobs aren't coming back." He said Donald Trump would "need a magic wand." He also said "2.4% GDP was no longer attainable. 1% is the new norm."

Well, I guess Donald Trump found that "magic wand." And we have broken 4.% GDP.
Unemployment rate has been in decline for a decade including blacks, same for the stock market. Trump jumped in front of the steady positive indicators and claimed it was his policies. Low income wages have increased partially because of increases in minimum wages but also employment. Middle class wages remain stagnant but the top percentile has benefited most. The improved economy has not benefited the middle class. For the most part. Those manufacturing jobs in the mid-west and rust belt have not returned.
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Old Today, 12:40 PM
 
24,102 posts, read 11,968,087 times
Reputation: 10264
Quote:
Originally Posted by Adriank7 View Post
I can understand if people donít care for Trumps rhetoric but the economy is good, black unemployment at an all time low. Can we just go on that instead of what you might not agree with in his choice of words and Tweets?
Because, Trump.
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Old Today, 12:43 PM
 
2,999 posts, read 1,220,353 times
Reputation: 1943
Quote:
Originally Posted by Adriank7 View Post
I can understand if people donít care for Trumps rhetoric but the economy is good, black unemployment at an all time low. Can we just go on that instead of what you might not agree with in his choice of words and Tweets?
I donít think there is any reason to impeach President Trump but if there really was the fact that the economy is good should not have any thing to do with it.
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Old Today, 03:03 PM
 
1,140 posts, read 247,043 times
Reputation: 1220
Quote:
Originally Posted by chad3 View Post
"Under Obama, the S&P 500 grew by 56.4%. The Dow Jones Industrials Average was up 50.6% and the Nasdaq, 92.9%."

"The numbers under Trump were 21.4% for the S&P 500, 25.2% for the Dow, and 34.2% for Nasdaq."

https://fortune.com/2019/06/03/stock...-obama-sp-500/


https://www.forbes.com/sites/chuckjo.../#600a86464c88
https://www.financial-planning.com/o...rump-and-obama
https://www.macrotrends.net/2481/sto...e-by-president

Yep, no one wants to remember.
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Old Today, 03:03 PM
 
4,998 posts, read 1,249,145 times
Reputation: 3897
Quote:
Originally Posted by Finn_Jarber View Post
Economy is surviving the trade wars and other idiocy.

The calls for impeachment, which will likely go nowhere, are due to Trump being unfit to govern, and the racist outburst it only the latest example. One of the main priorities of the president is to be the chief ambassador of the US, and Trump is the worst this country has ever been.
Well, that's YOUR opinion. I happen to think he is doing a fantastic job. You don't get to impeach him just because you don't like him. 95 Democrats were stupid enough to think otherwise but thankfully, the rest of them have a clue. And also realize it's dumb politically.

You can vote for your guy or gal in 2020 if you don't like him.
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Old Today, 03:04 PM
 
Location: Boston
7,955 posts, read 2,308,244 times
Reputation: 5665
Quote:
Originally Posted by Volobjectitarian View Post
Green is calling for his impeachment specifically based on Trump's use of language in tweets, almost entirely because this weekend vs The Squad.

Now mind you, this is Green's 3rd attempt to have the House impeach the President, so who knows what Pelosi will do, but his charge is based entirely on his subjective charge of racism and offensive language.
Green's past in much worse than Trump's.
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Old Today, 03:05 PM
 
4,998 posts, read 1,249,145 times
Reputation: 3897
Quote:
Originally Posted by fisheye View Post
The only thing I hear when I hear 'impeach' is: "I'm a sore looser"! We have never had a President that so many people want to remove simply because they lost. They talked about impeachment before he ever took office. They don't really care what grounds they can impeach him on; they just want him our of office.

The problem with all of this is that the same thing can happen when or if they ever win the Presidency again. I just don't understand why they cannot see that? It isn't only that it could happen to them; while they are attempting to do to remove President Trump - they have forgotten who they work for. What meaningful legislation have they accomplished while they are fighting this war on the President?
Trump is an existential thread to the Democrat party and many GOPers as well. So he has to go at ANY cost. He proves, once and for all, that their policies don't work and his do. They can't have that. It's all about power. And when people finally see that, they will be better able to understand what's going on.
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