U2Edge
Gold Member
- Sep 15, 2012
- 5,273
- 1,199
- Thread starter
- #3,661
yes it would have been. He wouldn't have regulated jobs out of the country. He would injected an entirely different mindset. I know you hate 3.9% unemployment you'd prefer the 7% but real americans don't. you can whine all fking days the hand obammy was handed, it was his job to correct it. never did. participation rate was way down by the end of his two terms. that sucks. pisses me off actually, and is why trump won.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.
Imagine if Trump had won in 2008. Would his unemployment record be so good?
You seem to have no idea how the economy works.
Under your logic, Reagan would have seen a massive, MASSIVE drop in unemployment. He didn't. In fact unemployment for every Republican president since WW2 was higher as they left office than when they entered, except for Reagan.
Why is that? Why do Republicans end up with higher unemployment if their policies are designed to make lower unemployment?
And why is it that all Democratic presidents since WW2 have had lower unemployment when leaving office than when they entered except for Carter who had the same level?
You need to look at unemployment throughout a Presidents term, not just the first month and the last month. Unemployment can go up and down many times during any administration. That's why taking the average, which considers EVERY MONTH, is the best way to look at the figure.
Well, that's still a simplistic view of things. People try and quantify what presidents do, but often the impact of their policies takes a long time.
Take Bush and his wars. Yes, the impact started in 2008, but it may well take decades before it wears off. The whole of the recession period and then the subsequent rise are as a consequence of his actions. Okay, he's not responsible for all of it, and the rise wasn't carried out by him, but it was inevitable. And then next drop could be quite bad too. He's potentially set up a much more violence boom and bust situation.
At the same time presidents aren't responsible for the whole economy. Congress plays a part. Individuals play a part too.
Its far more simplistic to just be looking at the first month and the last month of a Presidency. The list looks at the facts about the monthly unemployment rate while each person was President. Certainly who is responsible for the good and bad in those numbers is open to debate, but the numbers are solid facts.