209,000 jobs added, stock market says go baby go! So much WINNING! Trump ftw! (stats, speech)
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The great stock market advance and jobs creation after we elected Republicans in 2010 to run Congress continues and the good times are accelerating with Trump in command....life is fantastic!
In 2016, as Obama was closing out his presidency, the Labor Participation rate bottomed out at 62.6%. That's the lowest since the Carter era 1970's. Obama inherited a labor participation rate of 65% and it fell steadily during his term.
Coaxing people (who had given up) back into the work place is not easy, especially in light of the safety hammock provided during the last 8 years.
If Trump's policies are effective that rate will continue to increase. https://data.bls.gov/timeseries/LNS11300000
Safety hammock, really? Then explain the low labor participation rate between 1948 and 1978 It's easy to make everything partisan, i.e. "it's Obama's fault" but that isn't reality, at least not when it comes to labor participation.
The reality is that: "Almost all of the decline (80 percent) in the participation rate since the first quarter of
2012 is accounted for by the increase in nonparticipation due to retirement. This implies that the decline in the unemployment rate since 2012 is not due to more discouraged workers dropping out of the labor force."
And I think it's very unlikely that any President is going to turn that around, particularly in a time when wages are still very low and the new jobs being created are largely low paying service related.
The great stock market advance and jobs creation after we elected Republicans in 2010 to run Congress continues and the good times are accelerating with Trump in command....life is fantastic!
Yes yuuge jobs report, really bigley, amazing, life is good! Well at least until you actually look at the new jobs that were created and realize that (62,000) were in "leisure and hospitality" and only 1,000 were in mining, so I'm not sure how happy those laid off coal miners will be in their new career of scraping chewing gum off the walkways in resorts. https://www.bls.gov/web/empsit/ceshighlights.pdf
The great stock market advance and jobs creation after we elected Republicans in 2010 to run Congress continues and the good times are accelerating with Trump in command....life is fantastic!
If the stock market had declined after Trump became President and other economic indicators fell as well, you know you would be blaming Obama and the democrats for it. Many of us think the stock market is due for a correction and its just a question of when. I'm sure you'll try to blame that on the democrats too because--in your world--Trump cannot do anything wrong.
The problem with giving Trump credit for low unemployment is that 90% or more of the job gains occurred while Obama was President. How quickly we forget. Unemployment was at 10% at height of this recession. When Obama left office, unemployment was less than 5%. In six months, there isn't time for anything Donald Trump has done to make any significant impact on unemployment. Yet, you disingenuously give him credit for that.
As a result, I see posts like yours as lacking credibility.
The truth is you want Trump in office. Despite his dismal legislative record and personal behavior that is worse than any other President since Richard Nixon, you will continue to grasp at straws to defend him. You will make excuses for him that you would not allow from other presidents.
You are entitled to support whomever you want too for President. The problem is the basic lack of honesty involved.
If the stock market had declined after Trump became President and other economic indicators fell as well, you know you would be blaming Obama and the democrats for it. Many of us think the stock market is due for a correction and its just a question of when. I'm sure you'll try to blame that on the democrats too because--in your world--Trump cannot do anything wrong.
The problem with giving Trump credit for low unemployment is that 90% or more of the job gains occurred while Obama was President. How quickly we forget. Unemployment was at 10% at height of this recession. When Obama left office, unemployment was less than 5%. In six months, there isn't time for anything Donald Trump has done to make any significant impact on unemployment. Yet, you disingenuously give him credit for that.
As a result, I see posts like yours as lacking credibility.
The truth is you want Trump in office. Despite his dismal legislative record and personal behavior that is worse than any other President since Richard Nixon, you will continue to grasp at straws to defend him. You will make excuses for him that you would not allow from other presidents.
You are entitled to support whomever you want too for President. The problem is the basic lack of honesty involved.
While you are correct...Had the economy dipped or at least stayed the same it would have been spun to blame Obama. I will say though...I work in Oil and Gas and Jan 20th was like a light switch.. all my clients all of a sudden had money to burn where as the last 2 years prior not so much. We went on a hiring frenzy, we are having record quarters and all time monthly earnings statements. It doesn't appear to be slowing down. I dont think Obama was good for big business and the stats show that the GDP grew at a very slow rate under his presidency.
If the stock market had declined after Trump became President and other economic indicators fell as well, you know you would be blaming Obama and the democrats for it. Many of us think the stock market is due for a correction and its just a question of when. I'm sure you'll try to blame that on the democrats too because--in your world--Trump cannot do anything wrong.
The problem with giving Trump credit for low unemployment is that 90% or more of the job gains occurred while Obama was President. How quickly we forget. Unemployment was at 10% at height of this recession. When Obama left office, unemployment was less than 5%. In six months, there isn't time for anything Donald Trump has done to make any significant impact on unemployment. Yet, you disingenuously give him credit for that.
As a result, I see posts like yours as lacking credibility.
The truth is you want Trump in office. Despite his dismal legislative record and personal behavior that is worse than any other President since Richard Nixon, you will continue to grasp at straws to defend him. You will make excuses for him that you would not allow from other presidents.
You are entitled to support whomever you want too for President. The problem is the basic lack of honesty involved.
Yeah, it was all fake news when trump was a candidate. Remember? Now it magically becomes real.....crappy orange cheetos BS.
Too bad this system won't allow but giving individuals one thumbs up per thread. As many have made many comments that speak to the real truths... and have no succumb to those people who try and push trump fiction, when the most prominent things trump has done is create confusions, conflicts, disruptions, disrespect, disregard and fiction to delude those whom he knows he can delude.
I say thank you to the "truth tellers" I've given thumbs up to many, but can't give it to each of their comments that speak of the truths that need to be said, and that are being said. "Thank You"Each......
He has damaged International Diplomacy in ways that is absurd, in how "his followers can't see the devastation he is generating".
Trump has no Plan... he an Aim, and that Aim is set on "one thing" and that it get "tax concession and reduction" because the man has demonstrated his whole life, that he "detest paying taxes" !!!!!
The second agenda is the pursuit of popularity and notoriety to feed his over blown sense of self. He further detest regulation, because his sense of self, thinks he should be able to "do anything he wants, "without" any oversight. He's demonstrated that by his continual assaults on our Courts, Justices, the FBI and the Intelligence Community, and any Organization of Committee that promotes principles and standards, he has taken a sledge hammer to the Ethic's until the head had to quit, so he can wage the defense of Ethic from Outside this Wrong Way Administration. The extent and depth of the foreign collusion is so intertwined, that it will expose much and many will be running for cover before its all over and there will be many trying to cut deals, to make their own lips flap in hopes to avoid the penalty of hard time. One thing the wealthy fear most ... is "Jail".... they fear Jail more than they fear sinning and even more than they fear the wrath of God.
Total jobs added first 7 months of 2017: 1290 thousand
Total jobs added first 7 months of 2016: 1372 thousand
Total jobs added first 7 months of 2015: 1624 thousand
Total jobs added first 7 months of 2014: 1694 thousand
Total jobs added first 7 months of 2013: 1334 thousand
So, each year of Obama's 2nd term has been better than Trump so far, through the first 7 months.
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