Billy000
Democratic Socialist
- Nov 10, 2011
- 32,076
- 12,825
- Thread starter
- #61
You really should call it the Bush recession because it started under him. And you’re right. It was short. It ended in mid 2009. We were losing 100,000s of jobs per month until it started to taper off.We also had the biggest recession since WWII. Why you people are lost on that logic is beyond me.Oh you mean the rate that was already falling before Trump? We’ve had job growth ever since mid 2009 lolWhy would you think Trump has anything to do with the well-being of workers? That’s just stupid.
Thank you for sharing!
The Seasonally adjusted numbers for June, July and August of 2019 were all 3.7% below the 4.0%, 3.9% and 3.9% of 2018 and the 4.4%, 4.3%, and 4.4% of 2017.
Current U.S. Unemployment Rate Chart
What we had was the slowest recovery since WWII. The jobs that were created were lower paying and non-skilled jobs. It's common sense that you can't expect manufacturers to open their wallets wide when you have a President raising their taxes, attacking and closing down businesses, threatening them with possible higher fuel costs, and creating expensive business regulations.
I don't buy it was the biggest recession. I was an adult and lived through both the Reagan and Obama recession. During the Reagan recession, there were not even any McDonald's jobs available. It also lasted much longer than the Obama recession.