Trump is Terrible for the Economy

AzogtheDefiler

The Pale Orc
Gold Supporting Member
Aug 4, 2018
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Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....

Because Trump was elected to make sure Hispanics enjoyed record-low unemployment???????
 
Those numbers are lies .

It was dumb and annoying when Trump said this about employment numbers during the Obama admin, and it's still dumb and annoying to do it now. It's certainly reasonable to take into account that the numbers are often revised over time (both up and down), but there's no more reason to believe they are lies now then 2 years ago.

How much you consider the state of the economy to owe to Trump's decision making is of course a different question :p
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....

Trump on the UE numbers...

Don’t believe those phony numbers, When you hear 4.9 and five-per-cent unemployment, the number’s probably twenty-eight, twenty-nine, as high as thirty-five—in fact, I even heard recently forty-two per cent.”
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....
Fake news!

Most of those jobs are illegal Mexicans. Really dark brown ones.
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....

Trump on the UE numbers...

Don’t believe those phony numbers, When you hear 4.9 and five-per-cent unemployment, the number’s probably twenty-eight, twenty-nine, as high as thirty-five—in fact, I even heard recently forty-two per cent.”

??? Please Expain ???
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....

Trump on the UE numbers...

Don’t believe those phony numbers, When you hear 4.9 and five-per-cent unemployment, the number’s probably twenty-eight, twenty-nine, as high as thirty-five—in fact, I even heard recently forty-two per cent.”

EthicalWelllitAfricangroundhornbill-small.gif
 
The LBFR remains unchanged from where it was when Trump took office.

MAGA!
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....
Fake news!

Most of those jobs are illegal Mexicans. Really dark brown ones.

Bureau of Labor Statistics is Fake News? How so please?
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....

Trump on the UE numbers...

Don’t believe those phony numbers, When you hear 4.9 and five-per-cent unemployment, the number’s probably twenty-eight, twenty-nine, as high as thirty-five—in fact, I even heard recently forty-two per cent.”

??? Please Expain ???

Job numbers and unemployed numbers were said to be fake by Trump almost up till the day he won, then they suddenly became real to him.
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....

Trump on the UE numbers...

Don’t believe those phony numbers, When you hear 4.9 and five-per-cent unemployment, the number’s probably twenty-eight, twenty-nine, as high as thirty-five—in fact, I even heard recently forty-two per cent.”

??? Please Expain ???

Job numbers and unemployed numbers were said to be fake by Trump almost up till the day he won, then they suddenly became real to him.

So the Bureau of Labor Stats is biased and wrong? How?
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....
Fake news!

Most of those jobs are illegal Mexicans. Really dark brown ones.

Bureau of Labor Statistics is Fake News? How so please?

Ask Trump who said for years they were fake.
 
The stock market loves those numbers today. Also that the Fed will probably not raise rates the 1st half of 2019.
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....

Trump on the UE numbers...

Don’t believe those phony numbers, When you hear 4.9 and five-per-cent unemployment, the number’s probably twenty-eight, twenty-nine, as high as thirty-five—in fact, I even heard recently forty-two per cent.”

??? Please Expain ???

Job numbers and unemployed numbers were said to be fake by Trump almost up till the day he won, then they suddenly became real to him.

So the Bureau of Labor Stats is biased and wrong? How?

I don't know, I am not the one that was claiming they were wrong for years only to suddenly change my tune. Tweet Trump and ask him.
 
Employment Situation Summary

  • Job growth surged by 312,000 in December.
  • Hispanics enjoyed record-low unemployment in December.
  • 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1%.
  • 3.2% wage increase over a year ago (up 0.4% from November), which beats analysts' expectations of 3% for the year.
Let's impeach him....
Fake news!

Most of those jobs are illegal Mexicans. Really dark brown ones.

Bureau of Labor Statistics is Fake News? How so please?

Ask Trump who said for years they were fake.
Yep. The "real" unemployment rate, according to Trump, was 42 percent. Based on LFPR and magical thinking.

The published unemployment figures were fake. Right up to January 20, 2017.

The LFPR is as flat as it was four years ago.

So...yeah.
 

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