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You can't use Obama-math to pull your stats. The actual unemployment rate is around 11%.
The DOW changes from time time. Companies are removed and others are added to that index.
So you are saying "they" are going to change definitions
Why not measure things that the POTUS actually does, like start/end wars, authorized drone strikes to kill terrorists (both legally and American citizens not given due process),constitutional rights violated, campaign promises kept/ignored?
It didn't sound like it in the past 8 years. Participation in this thread is voluntary. It sounds like your post is a pre-emptive defense against bad news. Things can get better before they get worse, or maybe they won't get worse at all. Personally I think the policies Trump has proposed will trigger a recession, but I could be wrong.
I'm not a Trump supporter so there is nothing preemptive here. You can search my post history, this has always been a pet peeve of mine. I know I've said this at least as far back as 2012 when Newt Gingrich was making idiotic claims about the POTUS and gas prices.
Businesses hire/fire people and drive the economy, we have almost zero input on oil/gas prices in the US. Obviously budget and deficit are more directly controlled by the POTUS but most of these metrics are NOT significantly impacted by the president.
To pretend like there is no tailwind from the previous POTUS too is just ridiculous. All of the policies they put in place have long ranging impacts that change the landscape of the economy for months if not years after they are put in place, even if repealed by the next administration.
People just like numbers and they like to pretend their "team" was the reason for them being better.
There is always more than one side to a story, but most of these numbers are just a smoke show and bluster that people try to use to conflate the efficacy of their "team" around election time.
Do you believe that they are something a president can control? Many Americans believe that the answer is yes, but any respectable economist will tell you that the answer is no.
Unemployment rate is a useless statistic. It only measures the percentage of people drawing benefits. It doesn't account for those whose benefits have run out.
People just like numbers and they like to pretend their "team" was the reason for them being better.
I don't have a team. The number are what they are. I just wanted to jut them down before its too late. This is what Trump inherited, so we can check back every six months so to how he is doing.
No you don't. If that was really the case you wouldn't be recording today's statistics to look back on in the future.
I record them today, and look forwards.
If I wanted to look backwards, I'd be comparing Jan 20, 2009 to Jan 20, 2017, but I think we have seen enough of that.
Economists believe Trumps policies will greatly increase the debt. Today it is 19.9, so we'll check in a year or so and see how it's going. Or maybe Congress won't allow him to enact his policies. We'll see.
Why is this offensive? I am putting down the numbers before anything good, or bad has happened. This is the neutral zone, the 1st minute in a 60 minute game and the score is 0-0.
I don't have a team. The number are what they are. I just wanted to jut them down before its too late. This is what Trump inherited, so we can check back every six months so to how he is doing.
Its such a faulty unscientific exercise. There is really minimal justification for any POTUS having any control over this stuff. Can't help it if you don't see that. Its like trying to hold the POTUS accountable for the number of clouds in the sky.
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