So How Many Times Were There More Jobs Than People During The Obama Years?

[Harpy Eagle]

No it was not.

Job loss was still happening
Unemployment had not peaked
GDP did not hit positive growth till mid 2009

And yes. It was Bush’s recession


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It was on the way up. It wasn't bushes recession. Read the Wall Street Journal on both of those issues. He wasn't the only one responsible. Programs and policies that were put in place long before were also contributing factors.

Of course he was not the only one responsible, but he was the POTUS and the since the current POTUS is getting all the credit for the good economy, that POTUS gets the blame for the recession.

Wrong on both counts

Cartoons..... the child’s way of communicating

When one is communicating with a child, they use a child's way to communicate.

 

[dave p]

The future is kind of bleak for young Americans entering the work force. If social security and medicare are cut alot they are screwed. Work until you drop. A horrible thing to look forward to.

Why are they screwed if S.S. Is cut?

 

[dave p]

It was on the way up. It wasn't bushes recession. Read the Wall Street Journal on both of those issues. He wasn't the only one responsible. Programs and policies that were put in place long before were also contributing factors.

Of course he was not the only one responsible, but he was the POTUS and the since the current POTUS is getting all the credit for the good economy, that POTUS gets the blame for the recession.

Wrong on both counts

Cartoons..... the child’s way of communicating

When one is communicating with a child, they use a child's way to communicate.

Nice . A completely bullshit answer but if it makes you feel good......

 

[initforme]

Because for most that means they get little to zero help once they turn 65. Screwed they are especially without a college education.

 

[Faun]

[

LIES!

The second quarter was 4.1 percent. You're lying again.

One lucky QUARTER is NOT an "AVERAGE!"

he has been in office less than two years, obozo had 8 years and never had a quarter like that.

LOLOL

You still can’t stop lying, huh?

Here are the quarters where Obama did even better...

2009Q4: 4.5
2011Q4: 4.7
2014Q2: 5.1
2014Q3: 4.9

https://www.bea.gov/system/files/2018-09/gdpchg.xlsx

Wow ! 4 out of 32

LOL

Yeah, that’s 4 more times than the “zero” Redfish falsely claimed.

And that’s 12.5% of the time after being handed the worst economy since the Great Depression.

Compared to trump who was handed a good economy but has done it only once in 6 quarters, at 16.6%.

 

[BS Filter]

The future is kind of bleak for young Americans entering the work force. If social security and medicare are cut alot they are screwed. Work until you drop. A horrible thing to look forward to.

If anyone relies totally on the government to take care of them during their retirement then they're a fool.

 

[dave p]

[
The second quarter was 4.1 percent. You're lying again.

One lucky QUARTER is NOT an "AVERAGE!"

he has been in office less than two years, obozo had 8 years and never had a quarter like that.

LOLOL

You still can’t stop lying, huh?

Here are the quarters where Obama did even better...

2009Q4: 4.5
2011Q4: 4.7
2014Q2: 5.1
2014Q3: 4.9

https://www.bea.gov/system/files/2018-09/gdpchg.xlsx

Wow ! 4 out of 32

LOL

Yeah, that’s 4 more times than the “zero” Redfish falsely claimed.

And that’s 12.5% of the time after being handed the worst economy since the Great Depression.

Compared to trump who was handed a good economy but has done it only once in 6 quarters, at 16.6%.

Keep peddling your bullshit. Want to talk about the 4 trillion Obama printed to glide through an economy that was already on the upswing?

 

[Faun]

One lucky QUARTER is NOT an "AVERAGE!"

he has been in office less than two years, obozo had 8 years and never had a quarter like that.

LOLOL

You still can’t stop lying, huh?

Here are the quarters where Obama did even better...

2009Q4: 4.5
2011Q4: 4.7
2014Q2: 5.1
2014Q3: 4.9

https://www.bea.gov/system/files/2018-09/gdpchg.xlsx

Wow ! 4 out of 32

LOL

Yeah, that’s 4 more times than the “zero” Redfish falsely claimed.

And that’s 12.5% of the time after being handed the worst economy since the Great Depression.

Compared to trump who was handed a good economy but has done it only once in 6 quarters, at 16.6%.

Keep peddling your bullshit. Want to talk about the 4 trillion Obama printed to glide through an economy that was already on the upswing?

Like I always say, if conservatives didn’t lie, they’d have nothing to talk about...

 

[LeeOnLido]

and us conservatives dont miss the good old days when we were losing 700,000 jobs a month in the early obama months

 

[edthecynic]

[

LIES!

The second quarter was 4.1 percent. You're lying again.

One lucky QUARTER is NOT an "AVERAGE!"

he has been in office less than two years, obozo had 8 years and never had a quarter like that.

LOLOL

You still can’t stop lying, huh?

Here are the quarters where Obama did even better...

2009Q4: 4.5
2011Q4: 4.7
2014Q2: 5.1
2014Q3: 4.9

https://www.bea.gov/system/files/2018-09/gdpchg.xlsx

Wow ! 4 out of 32

4 is more than the NEVER the lie started with!!!!!

 

[LeeOnLido]

and to think of how many jobs u can create with only one trillion! and 10 Trillion went down the crapper?

 

[Faun]

and us conservatives dont miss the good old days when we were losing 700,000 jobs a month in the early obama months

Yeah, Bush’s Great Recession sure went beastmode on employment...

 

[debbiedowner]

Poll: Majority of Americans say their financial situation hasn’t improved since Trump election

The labor market is booming, why aren't your wages?

On Oct. 16, the Bureau of Labor Statistics announced yet another piece of good news: the number of job openings has risen to more than 7.1 million, continuing a particularly rapid pace of expansion starting at the beginning of 2018.

However a critical measure of economic progress, wage growth, is telling a different story. Before adjusting for inflation, wage growth has been consistently low but positive during this business cycle.

Yet, as inflation has crept up in the last two years, real wage growth — pay increases after adjusting for inflation — has drifted toward zero. Although the annual rate of real wage growth was 1.4 percent in 2015-16, it has been just 0.4 percent in 2017-18.

This weak wage growth has occurred while labor markets strengthened in a variety of other ways. Nine years ago, the United States exited its last recession — the most severe in post-war history — as GDP resumed growth.

Then, in April 2010, the U.S. began an unprecedented run of job creationthat continues through the present day. The unemployment rate has since fallen to 3.7 percent in September 2018 from a peak of 10.0 percent.

More recently, other economic indicators have begun to show strength as well:

• The labor force participation rate of prime-age workers (ages 25-54) — which had been falling — has risen for the last three years;
• this summer, the rate of people working part-time who have been unable to find full-time work fell to its pre-recession level; and
• record numbers of Americans have a positive assessment of the nation’s economy.

This raises the question: If the labor market is showing signs of strength and Americans are feeling confident in our economy, why is wage growth so slow that there is nearly zero growth in wages after adjusting for inflation? In response, we have identified four plausible explanations which, in some instances, may potentially overlap.

Labor markets may be weaker than they appear. The prime-age (25-54) labor force participation rate is still more than 2 percentage points below its 1999 peak. Some of those out of the labor force may be available for employment, thereby helping hold down wage growth.

The share of prime-age workers that are employed has been a better predictor of wage growth than the unemployment rate recently.

On the other hand, whether this relationship is durable is less clear, and a large portion of nonparticipants are unable to work due to health conditions or caregiving responsibilities, and may not be available for employment.

Increasing employer concentration, and in some cases collusion between employers, has likely put downward pressure on wages by limiting worker bargaining power. Firms may be unwilling to raise wages to attract new workers, as this would require them to pay their current employees more.

However, it may also be that firms simply have not yet adapted to the tighter labor market of recent years and are only slowly raising wages.

Changes in labor market institutions have similarly reduced worker bargaining power, making it more difficult for them to benefit from a strong labor market. Limited collective bargaining and widespread use of no-poaching and non-compete agreements have diminished workers’ leverage in wage negotiations.

But just how much of recent wage growth slowdown (as opposed to longer-term trends) this explains is unclear.

The growth in productivity for workers and businesses has been low on average since the start of the recession. Lower productivity growth tends to hold back wage growth. Business and labor market dynamism have weakened, leading to an economy with mutually reinforcing low productivity growth and low wage growth.

Without fast-growing business startups and an abundance of upwardly mobile job-switchers, technological progress diffuses across the economy at a slower rate. This also means that fewer new firms are paying high wages to hire away workers from their current positions.

In some ways, the strong jobs and hours growth may help explain optimism despite low wage growth. Real median household income has continued to rise as more people are working more hours. This puts money in their pockets and likely boosts confidence even if workers are not earning more per hour.

As recent data indicate, a low unemployment rate does not mean the labor market is in perfect condition, and each of the explanations discussed above merit policy attention. Policymakers should supportmarket competition so that productivity growth translates into wage growth.

In addition, U.S. labor market institutions from the minimum wage to non-compete contracts should be structured to support workers. There are also many other steps one could take to boost productivity (ranging from education and training to research and development policy) that should help lift wages.

Finally, it will also be important to keep economic growth going to maintain labor market demand so that both employment — and eventually wages — continue to increase.

 

[Redfish]

how many did Obama have over 3% ? answer: zero

LIAR!!!!
Obama has had quarters as high as 5.2% GDP growth! How many quarters over 5% has Donnie Dirtbag had/
ZERO!

prove it

The proof is Donnie Dirtbag said Obama never did it and Tramp ALWAYS lies! That proof is unassailable!

Trump Jr. falsely claims that GDP growth never passed 2 percent under Obama

The highest GDP growth of Obama's presidency was during the third quarter of 2014, when it hit 5.2 percent.

ok, one quarter out of 32, wow, all hail obozo the Kenyan messiah.

So far every single talking point you have parroted has been false.




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Ummm, nope. but you and edthecynic make a good team of liars.

 

[deanrd]

Trump's Numbers - FactCheck.org

That was kinda my point. He hasn't even knocked a full point off of it. And his job creation numbers are lagging behind as well.

You do realize the comparison is for Obama's full 8 years in office VS Trumps first year alone? That kinda changes things up a bit, dontcha think?

Nobody wants to answer the question.

How much change has tRump actually made in the unemployment numbers?

black, Hispanic, Asian, and female unemployment is the lowest ever recorded. Presidents get credit or blame for what happens during their terms.

Under Obama there was never a time when there were more available jobs than job seekers. That is happening today under Trump.

Why won't you answer the question?

How much change has tRump actually made in the unemployment numbers?

From like 4% under Obama to like 3% under Trump? For Obama when he started as president in his first month it grew to 10%. That’s what bush and the GOP handed him.

 

[edward37]

That was kinda my point. He hasn't even knocked a full point off of it. And his job creation numbers are lagging behind as well.

You do realize the comparison is for Obama's full 8 years in office VS Trumps first year alone? That kinda changes things up a bit, dontcha think?

Nobody wants to answer the question.

How much change has tRump actually made in the unemployment numbers?

black, Hispanic, Asian, and female unemployment is the lowest ever recorded. Presidents get credit or blame for what happens during their terms.

Under Obama there was never a time when there were more available jobs than job seekers. That is happening today under Trump.

Why won't you answer the question?

How much change has tRump actually made in the unemployment numbers?

From like 4% under Obama to like 3% under Trump? For Obama when he started as president in his first month it grew to 10%. That’s what bush and the GOP handed him.

We have 7000 marching now that will relieve the job situation

 

[Redfish]

That was kinda my point. He hasn't even knocked a full point off of it. And his job creation numbers are lagging behind as well.

You do realize the comparison is for Obama's full 8 years in office VS Trumps first year alone? That kinda changes things up a bit, dontcha think?

Nobody wants to answer the question.

How much change has tRump actually made in the unemployment numbers?

black, Hispanic, Asian, and female unemployment is the lowest ever recorded. Presidents get credit or blame for what happens during their terms.

Under Obama there was never a time when there were more available jobs than job seekers. That is happening today under Trump.

Why won't you answer the question?

How much change has tRump actually made in the unemployment numbers?

From like 4% under Obama to like 3% under Trump? For Obama when he started as president in his first month it grew to 10%. That’s what bush and the GOP handed him.

OK, lets assume for discussion that those numbers are correct. What specific actions, bills, EOs, etc, did Obama put in place that caused UE to go down? Give us a list of Obama's job creating actions. Then we can look at his actions that put more americans below the poverty level than ever before, more on food stamps than ever before, more underemployed than ever before, more working part time than ever before, and then we can talk about his doubling of the national debt.

Ready??? your turn.

 

[Redfish]

You do realize the comparison is for Obama's full 8 years in office VS Trumps first year alone? That kinda changes things up a bit, dontcha think?

Nobody wants to answer the question.

How much change has tRump actually made in the unemployment numbers?

black, Hispanic, Asian, and female unemployment is the lowest ever recorded. Presidents get credit or blame for what happens during their terms.

Under Obama there was never a time when there were more available jobs than job seekers. That is happening today under Trump.

Why won't you answer the question?

How much change has tRump actually made in the unemployment numbers?

From like 4% under Obama to like 3% under Trump? For Obama when he started as president in his first month it grew to 10%. That’s what bush and the GOP handed him.

We have 7000 marching now that will relieve the job situation

very few of them will make it, they will become Mexico's problem when Soros stops paying them to march north. The few that make it will be stopped at the border and will also become Mexico's problem.

 

[danielpalos]

So now Obama comes back from vacation to brag about how this is his economy? The Trump economic wonder was created by him?
Really? Does anyone ever recall a time during that 8 year horror when we hit 20,000 in the stock market and we had 7 million job openings?

why is the right wing still trying to punish the poor with cuts to social services or work requirements, if our economy is doing so well.

 

[ph3iron]

So now Obama comes back from vacation to brag about how this is his economy? The Trump economic wonder was created by him?
Really? Does anyone ever recall a time during that 8 year horror when we hit 20,000 in the stock market and we had 7 million job openings?

8 year horror?
Maybe you don't have my daughters brains? She created a $150mm company
Look at the trend graphs.
Any idea why the con created fewer jobs in his first 2 years than Obama did in his last 2?