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Old 05-03-2019, 08:15 AM
 
Location: Kansas City, MISSOURI
20,862 posts, read 9,529,660 times
Reputation: 15578

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Quote:
Originally Posted by Grlzrl View Post
So the annualized GDP for first quarter wasn't 3.2%? lol
Did I ever say it wasn't? No I did not. I was just pointing out that similar or better numbers happened 12 times under Obama.
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Old 05-03-2019, 08:17 AM
 
21,925 posts, read 9,494,494 times
Reputation: 19453
Quote:
Originally Posted by James Bond 007 View Post
I regret to inform you that, yes indeed, positive job growth started under Obama. That is a FACT. Do you not understand that, these days with the internet, we can prove that by linking to the actual, official data?

Yes indeed, we can. Here it is:
https://www.bls.gov/pdq/SurveyOutput..._view=net_1mth
The growth under Obama was not DUE to his policies, it was in spite of them. As the greatest gains in the stock market are made after a big decline, the economy after the crash should have grown a a much steeper pace. Art Laffer believes the market crashed because of the election of Obama. I don't know if I agree with that but my 11 year old could have done a better job on the economy than Obama did. I voted for him in 2008 and I watched EVERYTHING he did from day 1. I kept waiting for him to do things to spur the economy but all he did was double down on the policies that hamper the economy.
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Old 05-03-2019, 08:19 AM
 
2,923 posts, read 977,629 times
Reputation: 2080
"I guess higher growth is the new normal" -BHB
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Old 05-03-2019, 08:22 AM
 
Location: annandale, va & slidell, la
9,267 posts, read 5,117,757 times
Reputation: 8471
Quote:
Originally Posted by Freak80 View Post
That’s good, but how many of the jobs are “good” jobs vs. low-wage service jobs?
We've been waiting for this one! Democrats all work at Sonic and can't make it on a starting wage.
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Old 05-03-2019, 08:26 AM
 
45,676 posts, read 24,004,475 times
Reputation: 15559
Quote:
Originally Posted by Grlzrl View Post
The growth under Obama was not DUE to his policies, it was in spite of them. As the greatest gains in the stock market are made after a big decline, the economy after the crash should have grown a a much steeper pace. Art Laffer believes the market crashed because of the election of Obama. I don't know if I agree with that but my 11 year old could have done a better job on the economy than Obama did. I voted for him in 2008 and I watched EVERYTHING he did from day 1. I kept waiting for him to do things to spur the economy but all he did was double down on the policies that hamper the economy.
That's how I feel with Trump.

Trump jumped on a moving train -- and he has been riding it all along.

No big job growth surges, no big surge in GDP, no big surge anywhere economically -- except the stock market and not sure that has anything to do with Trump....lots of money out there and folks need to make money.
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Old 05-03-2019, 08:27 AM
 
Location: Kansas City, MISSOURI
20,862 posts, read 9,529,660 times
Reputation: 15578
Quote:
Originally Posted by Grlzrl View Post
The growth under Obama was not DUE to his policies, it was in spite of them...
Oh please, spare us. I could just as easily say the same thing for Trump - after all he's imposed tariffs and a bunch of other things.

The fact that Trump's GDP and job growth have been about the same as the last 4-6 years under Obama in spite of everything Trump has supposedly done to improve the economy, goes to show how little effect his policies have had.
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Old 05-03-2019, 08:28 AM
 
Location: Midwest
38,496 posts, read 25,808,661 times
Reputation: 10789
Quote:
Originally Posted by saltine View Post
You’d like to see more wage growth wouldnt you?
Yes, as we see by this report, raising wages does not decrease jobs

Lets raise minimum wage more that 0.2% and watch the job rates soar!
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Old 05-03-2019, 08:30 AM
 
Location: Florida
76,975 posts, read 47,615,131 times
Reputation: 14806
Quote:
Originally Posted by workingclasshero View Post
its not 103 months of positive job growth

2016/jan 2017 saw job losses under Obama for 2 of the months
number employed sep 2016............151,926,000
number employed oct 2016............151,902,000.......loss of 24000 jobs under Obama, just before election
number employed nov 2016............152,048,000......146,000 gain under obama
number employed dec 2016............152,111,000.....63,000 gain
number employed jan 2017............152,081,000..... 30,000 LOSS for the month of jan under Obama's last month
number employed feb 2017............152,528,000.....447,000 GAIN during trumps first month...I am NOT crediting trump
Fine, lets look at it your way

number employed mar 2019 162,960,000........ 162,470,000 -490 000 LOSS for the month of April 2019

LFPR = -0.2 LOSS for the month of April 2019

Last edited by Finn_Jarber; 05-03-2019 at 09:01 AM..
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Old 05-03-2019, 08:42 AM
 
12,036 posts, read 6,567,177 times
Reputation: 13980
Quote:
Originally Posted by James Bond 007 View Post
I regret to inform you that, yes indeed, positive job growth started under Obama. That is a FACT. Do you not understand that, these days with the internet, we can prove that by linking to the actual, official data?

Yes indeed, we can. Here it is:
https://www.bls.gov/pdq/SurveyOutput..._view=net_1mth
And I’ve posted the FACT that of course there was positive job growth under Obama —we were in a financial crisis, a major major recession — it could only go UP from there in spite of Obama’s anti business policies and attitude....
Imagine where we’d be if Trump had taken the reins after the recession!

Obama shattered all previous records with his amount of stifling business regulations.
https://www.forbes.com/sites/waynecr.../#9268e4a1398e

Obama's regulations in 2016 to drain economy by $2 trillion

https://www.washingtontimes.com/news...conomy-by-2-t/

Try using the internet to get up to speed. There is a whole world of ideas and facts beyond the democrats corrupt media trying so desperately to hide the truth from you Trump haters that this economy is booming due to Trumps economic policies....

Last edited by mountainrose; 05-03-2019 at 08:54 AM..
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Old 05-03-2019, 08:51 AM
 
4,507 posts, read 1,862,401 times
Reputation: 6999
Job increases while Obama president good

Job increases while orange man president bad
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