Trump Gave us Lowest Unemployment in 50 Years, and Democrats Destroyed That

[Not a Monkeys Uncle]

All we hear about today is how there's some labor shortage and how Americans don't want to work. Both are lies. Americans are by far the hardest working and most productive people on the face of the earth and that still applies today. Irrefutable.

Both are NOT lies. There ARE many Americans not wanting to work for a variety of reasons, like fear of Covid and free money.

 

[initforme]

Where is all this free money? Extended UE benefits ran out months ago. Can't find workers that's 150 percent the employers fault.

 

[initforme]

Well if they have medical issues then they don't want to get sick. That's their choice. It isn't a bad thing.

 

[rightwinger]

Both are NOT lies. There ARE many Americans not wanting to work for a variety of reasons, like fear of Covid and free money.

Many just chose to retire early

 

[Not a Monkeys Uncle]

Many just chose to retire early

stupid lie

 

[22lcidw]

Many just chose to retire early

Let's go to war and see how many will help to see cities vaporized. You created this.

 

[rightwinger]

Let's go to war and see how many will help to see cities vaporized. You created this.

Off your drugs today?

 

[struth]

Ladies and Germs, there are a lot of fake threads with insane lies in this forum blabbing about Senile Joe creating Jobs.

Here are the facts: UNDER TRUMP, by October 5, 2018, Trump had given us the lowest unemployment rate in 50 years. Yes, thats right. As reported by PBS, the friend of the Left:

October 5, 2018
U.S. Unemployment Rate Drops To 3.7 Percent, Lowest In Nearly 50 Years

U.S. Unemployment Rate Drops To 3.7 Percent, Lowest In Nearly 50 Years

The jobless rate last month was the lowest since 1969, though the economy added a less-than-expected 134,000 jobs, the Bureau of Labor Statistics said. Wage growth slowed to a 2.8 percent rate.

www.npr.org

The U.S. jobless rate dropped to 3.7 percent in September — the lowest since 1969, though the economy added a lower-than-expected 134,000 jobs, the Bureau of Labor Statistics said. The jobless rate fell from August's 3.9 percent.


So, what happened to that? Covid and Democrats.
The China Virus made problems, and the Democrats took advantage of Covid to impose needless shutdowns and lockdowns, destroying the economy and jobs, all to defeat Trump.

And Now, the jobs that they destroyed on purpose are slowly coming back, no thanks to Biden mind you, and the extremist Left hails that as "job creation". Oh man, that is some nerve.

Trump and the GOP Congress created one of the strongest ecomomies in world history.

The demafascist knew they stood little hope against that, even after the obamagate gang coup, russian hoax, and using their brownshirts to riot…so they used panic, and lockdowns to destroy the economy…party over people…the demafasict way

 

[Not a Monkeys Uncle]

Trump and the GOP Congress created one of the strongest economies in world history.

The demafascist knew they stood little hope against that, even after the obamagate gang coup, russian hoax, and using their brownshirts to riot…so they used panic, and lockdowns to destroy the economy…party over people…the demafasict way

FACT

 

[The Banker]

So you can’t prove the figures as created. It’s my evidence

Huh. They have been audited and proven factual by the entire world...
If your only argument is that government data is wrong, then that is a weak and pathetic and desperate argument.

Trump never had low unemployment, it was all fake data...

 

[The Banker]

Trump and the GOP Congress created one of the strongest ecomomies in world history.

The demafascist knew they stood little hope against that, even after the obamagate gang coup, russian hoax, and using their brownshirts to riot…so they used panic, and lockdowns to destroy the economy…party over people…the demafasict way

waaaa !!! waaaaaaa !!!!

Your tears make me happy.
Facts say different. facts say Trump had a weak low growth economy with only 2.13% GDP in 2019, trash. Trump also had mega deficits the highest ever. Trump's economy was a joke and then trump mismanaged covid and crashed the economy, just like Bush. trump and Bush, 2 failed GOP presidents.

 

[struth]

waaaa !!! waaaaaaa !!!!

Your tears make me happy.
Facts say different. facts say Trump had a weak low growth economy with only 2.13% GDP in 2019, trash. Trump also had mega deficits the highest ever. Trump's economy was a joke and then trump mismanaged covid and crashed the economy, just like Bush. trump and Bush, 2 failed GOP presidents.

i find it assuming you used the word facts

 

[Not a Monkeys Uncle]

i find it assuming you used the word facts

The Banker has no use for facts

 

[jc456]

Huh. They have been audited and proven factual by the entire world...
If your only argument is that government data is wrong, then that is a weak and pathetic and desperate argument.

Trump never had low unemployment, it was all fake data...

So now government data isn’t correct? Can’t make it up

 

[The Banker]

i find it assuming you used the word facts

I get it, facts are kryptonite to a trumper. The facts destroy you. All you can do is try and falsely claim the facts aren't facts, but that is why they are facts. Facts are facts, and the facts prove Trump had a weak low growth economy with massive deficits.

 

[The Banker]

The Banker has no use for facts

I get it, facts are kryptonite to a trumper. The facts destroy you. All you can do is try and falsely claim the facts aren't facts, but that is why they are facts. Facts are facts, and the facts prove Trump had a weak low growth economy with massive deficits.

Facts also prove Biden has a booming economy with booming GDP and booming jobs.
ENJOY !!!

I have completely and totally destroyed you. You are my bitch and you are a total joke.

 

[LeftofLeft]

Trump lost 3 million jobs in four years
A disaster

Biden has added 6.8 million jobs in ONE YEAR
The most of any President in HISTORY

LETS GO BRANDON!

Why were those jobs lost? Because State and local Democrats pushed and enforced lockdowns, which, according to a recent Johns Hopkins study, turned out to be useless in the fight against COVID.

Even though your side fought for useless lockdowns, Trump, DeSantis, Abbott and other Republicans fought hard to get the economy back opened up ASAP and Unemployment from a high of 14.7 in April 2020 down to less than 7 percent by October.

Plus, you Democrats showed how full of shit and inconsistent you were with lockdowns as you shunned Church services, sporting events, and small business owners earning their livelihoods while you welcomed BLM and ANTIFA protests by the thousands.

Never Again.

 

[struth]

The Banker has no use for facts

facts are the enemy of the demafascist cult

 

[jc456]

facts are the enemy of the demafascist cult

Leave it to demofks to destroy a nation

 

[Nostra]

Unprecedented Economic Boom Under Trump​

Before the China Virus invaded our shores, we built the world’s most prosperous economy.

• America gained 7 million new jobs – more than three times government experts’ projections.
• Middle-Class family income increased nearly $6,000 – more than five times the gains during the entire previous administration.
• The unemployment rate reached 3.5 percent, the lowest in a half-century.
• Achieved 40 months in a row with more job openings than job-hirings.
• More Americans reported being employed than ever before – nearly 160 million.
• Jobless claims hit a nearly 50-year low.
• The number of people claiming unemployment insurance as a share of the population hit its lowest on record.
• Incomes rose in every single metro area in the United States for the first time in nearly 3 decades.

Delivered a future of greater promise and opportunity for citizens of all backgrounds.

• Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows.
• Unemployment for women hit its lowest rate in nearly 70 years.
• Lifted nearly 7 million people off of food stamps.
• Poverty rates for African Americans and Hispanic Americans reached record lows.
• Income inequality fell for two straight years, and by the largest amount in over a decade.
• The bottom 50 percent of American households saw a 40 percent increase in net worth.
• Wages rose fastest for low-income and blue collar workers – a 16 percent pay increase.
• African American homeownership increased from 41.7 percent to 46.4 percent.

Brought jobs, factories, and industries back to the USA.

• Created more than 1.2 million manufacturing and construction jobs.
• Put in place policies to bring back supply chains from overseas.
• Small business optimism broke a 35-year old record in 2018.

Hit record stock market numbers and record 401ks.

• The DOW closed above 20,000 for the first time in 2017 and topped 30,000 in 2020.
• The S&P 500 and NASDAQ have repeatedly notched record highs.

Rebuilding and investing in rural America.

• Signed an Executive Order on Modernizing the Regulatory Framework for Agricultural Biotechnology Products, which is bringing innovative new technologies to market in American farming and agriculture.
• Strengthened America’s rural economy by investing over $1.3 billion through the Agriculture Department’s ReConnect Program to bring high-speed broadband infrastructure to rural America.

Achieved a record-setting economic comeback by rejecting blanket lockdowns.

• An October 2020 Gallup survey found 56 percent of Americans said they were better off during a pandemic than four years prior.
• During the third quarter of 2020, the economy grew at a rate of 33.1 percent – the most rapid GDP growth ever recorded.
• Since coronavirus lockdowns ended, the economy has added back over 12 million jobs, more than half the jobs lost.
• Jobs have been recovered 23 times faster than the previous administration’s recovery.
• Unemployment fell to 6.7 percent in December, from a pandemic peak of 14.7 percent in April – beating expectations of well over 10 percent unemployment through the end of 2020.
• Under the previous administration, it took 49 months for the unemployment rate to fall from 10 percent to under 7 percent compared to just 3 months for the Trump Administration.
• Since April, the Hispanic unemployment rate has fallen by 9.6 percent, Asian-American unemployment by 8.6 percent, and Black American unemployment by 6.8 percent.
• 80 percent of small businesses are now open, up from just 53 percent in April.
• Small business confidence hit a new high.
• Homebuilder confidence reached an all-time high, and home sales hit their highest reading since December 2006.
• Manufacturing optimism nearly doubled.
• Household net worth rose $7.4 trillion in Q2 2020 to $112 trillion, an all-time high.
• Home prices hit an all-time record high.
• The United States rejected crippling lockdowns that crush the economy and inflict countless public health harms and instead safely reopened its economy.
• Business confidence is higher in America than in any other G7 or European Union country.
• Stabilized America’s financial markets with the establishment of a number of Treasury Department supported facilities at the Federal Reserve.

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Tax Relief for the Middle Class​

Passed $3.2 trillion in historic tax relief and reformed the tax code.

• Signed the Tax Cuts and Jobs Act – the largest tax reform package in history.
• More than 6 million American workers received wage increases, bonuses, and increased benefits thanks to the tax cuts.
• A typical family of four earning $75,000 received an income tax cut of more than $2,000 – slashing their tax bill in half.
• Doubled the standard deduction – making the first $24,000 earned by a married couple completely tax-free.
• Doubled the child tax credit.
• Virtually eliminated the unfair Estate Tax, or Death Tax.
• Cut the business tax rate from 35 percent – the highest in the developed world – all the way down to 21 percent.
• Small businesses can now deduct 20 percent of their business income.
• Businesses can now deduct 100 percent of the cost of their capital investments in the year the investment is made.
• Since the passage of tax cuts, the share of total wealth held by the bottom half of households has increased, while the share held by the top 1 percent has decreased.
• Over 400 companies have announced bonuses, wage increases, new hires, or new investments in the United States.
• Over $1.5 trillion was repatriated into the United States from overseas.
• Lower investment cost and higher capital returns led to faster growth in the middle class, real wages, and international competitiveness.

Jobs and investments are pouring into Opportunity Zones.

• Created nearly 9,000 Opportunity Zones where capital gains on long-term investments are taxed at zero.
• Opportunity Zone designations have increased property values within them by 1.1 percent, creating an estimated $11 billion in wealth for the nearly half of Opportunity Zone residents who own their own home.
• Opportunity Zones have attracted $75 billion in funds and driven $52 billion of new investment in economically distressed communities, creating at least 500,000 new jobs.
• Approximately 1 million Americans will be lifted from poverty as a result of these new investments.
• Private equity investments into businesses in Opportunity Zones were nearly 30 percent higher than investments into businesses in similar areas that were not designated Opportunity Zones.

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Massive Deregulation​

Ended the regulatory assault on American Businesses and Workers.

• Instead of 2-for-1, we eliminated 8 old regulations for every 1 new regulation adopted.
• Provided the average American household an extra $3,100 every year.
• Reduced the direct cost of regulatory compliance by $50 billion, and will reduce costs by an additional $50 billion in FY 2020 alone.
• Removed nearly 25,000 pages from the Federal Register – more than any other president. The previous administration added over 16,000 pages.
• Established the Governors’ Initiative on Regulatory Innovation to reduce outdated regulations at the state, local, and tribal levels.
• Signed an executive order to make it easier for businesses to offer retirement plans.
• Signed two executive orders to increase transparency in Federal agencies and protect Americans and their small businesses from administrative abuse.
• Modernized the National Environmental Policy Act (NEPA) for the first time in over 40 years.
• Reduced approval times for major infrastructure projects from 10 or more years down to 2 years or less.
• Helped community banks by signing legislation that rolled back costly provisions of Dodd-Frank.
• Established the White House Council on Eliminating Regulatory Barriers to Affordable Housing to bring down housing costs.
• Removed regulations that threatened the development of a strong and stable internet.
• Eased and simplified restrictions on rocket launches, helping to spur commercial investment in space projects.
• Published a whole-of-government strategy focused on ensuring American leadership in automated vehicle technology.
• Streamlined energy efficiency regulations for American families and businesses, including preserving affordable lightbulbs, enhancing the utility of showerheads, and enabling greater time savings with dishwashers.
• Removed unnecessary regulations that restrict the seafood industry and impede job creation.
• Modernized the Department of Agriculture’s biotechnology regulations to put America in the lead to develop new technologies.
• Took action to suspend regulations that would have slowed our response to COVID-19, including lifting restrictions on manufacturers to more quickly produce ventilators.

Successfully rolled back burdensome regulatory overreach.

• Rescinded the previous administration’s Affirmatively Furthering Fair Housing (AFFH) rule, which would have abolished zoning for single-family housing to build low-income, federally subsidized apartments.
• Issued a final rule on the Fair Housing Act’s disparate impact standard.
• Eliminated the Waters of the United States Rule and replaced it with the Navigable Waters Protection Rule, providing relief and certainty for farmers and property owners.
• Repealed the previous administration’s costly fuel economy regulations by finalizing the Safer Affordable Fuel Efficient (SAFE) Vehicles rule, which will make cars more affordable, and lower the price of new vehicles by an estimated $2,200.

Americans now have more money in their pockets.

• Deregulation had an especially beneficial impact on low-income Americans who pay a much higher share of their incomes for overregulation.
• Cut red tape in the healthcare industry, providing Americans with more affordable healthcare and saving Americans nearly 10 percent on prescription drugs.
• Deregulatory efforts yielded savings to the medical community an estimated $6.6 billion – with a reduction of 42 million hours of regulatory compliance work through 2021.
• Removed government barriers to personal freedom and consumer choice in healthcare.
• Once fully in effect, 20 major deregulatory actions undertaken by the Trump Administration are expected to save American consumers and businesses over $220 billion per year.
• Signed 16 pieces of deregulatory legislation that will result in a $40 billion increase in annual real incomes.

But....but....ORANGE MAN BAD!!!!!!!!!!!!!!!!!!!