RealDave
Gold Member
- Sep 28, 2016
- 26,521
- 3,565
Wow, you really are this fucking stupid. Top consider their impact on the economy as a whole? To enter with a good economy & leave with a bad economy is far worse that entering with a bad economy & leaving with a good economy.That has been explained to this idiot repeatedly. You can’t cure chronic stupidity.The monthly unemployment rate for August 2018 was 3.9%. This is the 20th unemployment report with Trump in office, his 20th month recorded for this list. This brings Trump's average unemployment rate for his term in office to date, down from 4.22% in July to 4.20% in August 2018.
The President with the worst average unemployment rate since World War II is?
Gerald Ford: 7.77%
Average Unemployment Rates for US Presidents since after World War II:
01. Lyndon Johnson: 4.19%
02. Donald Trump: 4.20%
03. Harry Truman: 4.26%
04. Dwight Eisenhower: 4.89%
05. Richard Nixon: 5.00%
06. Bill Clinton: 5.20%
07. George W. Bush: 5.27%
08. John Kennedy: 5.98%
09. George H.W. Bush: 6.30%
10. Jimmy Carter: 6.54%
11. Barack Obama: 7.45%
12. Ronald Reagan: 7.54%
13. Gerald Ford: 7.77%
There are 31 months left in Trumps first Presidential term, assuming he completes it.
The labor force participation rate is at 62.7% for August 2018, down from 62.9% in July 2018.
If September's unemployment rate is 3.9% or lower, Trump will top the list next month.
So, when you come into office with a 7 + percent in the midst of it heading to 10%, it is your fault?
Really?
How about we consider thongs like Bush taking office with a 4% rate & leaving with a 7.7 losing 800,000 jobs a month. Dores that count?
Or Obama taking office with losing 800,000 jobs a month with a 7.7% on the way to 10% & leaving with a 4.9?
Which did better?????
Dumbass.
It wouldn't be smart to rate a President simply on the first month of office and the last month of office which you suggest. There are 94 other months in there which you are not considering. This is also simply looking at what the man on the street is experiencing while said person is in the White House. Who are what is responsible for the unemployment rate at a particular time is more complicated.
What is NOT fair is you trashing someone like Obama by totally ignoring what they inherited. In Obama's case he inherited the worst recession on 80 years, losing 800,000 jobs a month, a housing collapse, a near financial meltdown, two quagmire wars. mounting debt, a shrinking economy. It took over two years to get the unemployment rate back under 9%. This was NOT Obama's fault even if you Trumpettes say so. Gee I wonder what that does to your average unemployment rate? You call that fair?
Most smarty people understand that some of the worst effects of a recession happen after the recession is almost over. The Bush recession started 4th quarter of 2007 yet the unemployment rate did not max out until June 2009.