Friday, March 10, 2017

TRUMP CLAIMS CREDIT FOR JOBS WHEN HE SHOULDN'T

It takes a year or two for economic policies to take effect.

Trump is on Day 50.

The White House move quickly Friday to take credit for a positive jobs report, saying the growth was fueled by President Trump's ambitious economic agenda.

The U.S. economy added a robust 235,000 jobs in February, while the unemployment rate fell to 4.7 percent, continuing a streak of 77 straight months of jobs growth in the country.

...While Cohn acknowledged that much of the February number was due to a warm winter, he gave the White House’s early pledges credit for better-than-expected labor market growth.

...Since the jobs recovery kicked into full gear in 2010, February has typically been a strong month for job creation.

There were 238,000 jobs created that month in 2015 and 237,000 a year ago.

So these jobs are due to good weather, and more jobs were created by Obama in February 2 years ago!!

Any jobs actually created by Trump are probably due to the announced massive increase in defense spending.

WHAT A FARCE!!



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