Friday, July 07, 2017

JOBS! JOBS! JOBS! : TRUMP INHERITED OBAMA'S ECONOMY AND HAS ACTUALLY DONE WORSE THAN OBAMA

Trump's slogans are/were: Lock her up; NATO is obsolete; bomb the s*** out of ISIS; jobs! jobs! jobs!

On that last slogan Trump has done worse than Obama!

I know that will upset the Trumpers, but if these stats are true...

For a president who loves to talk about creating jobs, it's been a strong start: Employers have added 863,000 jobs during Donald Trump's first five full months in office.

That's not quite as many as the 908,000 jobs added during President Barack Obama's last five months in office.

...By contrast, Obama handed Trump an economy that was close to what economists consider full employment. The unemployment rate on Inauguration Day was 4.8%, and it has fallen since then, to 4.4% in June.

...In fact, if Obama left a problem for Trump, it wasn't that the economy was too weak -- it was that the labor market was almost too strong. Employers would probably be hiring faster if they weren't having so much trouble finding the workers they need.

...Trump's record of 863,000 jobs in five months is less than the 955,000 added during the same period a year ago. It also trails the first five months of Obama's second term, when 1 million jobs were added, and the first five months of George W. Bush's second term, when 1.2 million jobs were added.

So Trump's nothing special. In fact, he's a bit of a bore. If he tells a joke, you've probably heard it before. But Trump has a talent. A wonderful thing. Coz everyone listens when he starts to lie.


No comments: