In a bizarre display of refusing to take yes for an answer and of not wanting to hear good news, most liberals continue to deny that the economy has improved substantially under Trump. Do they not realize that average Americans who are benefiting from the improved economy will view liberal denials as odd and unpersuasive? Consider:
* The stock market has grown more under Trump since the month he was elected than it did under Obama in 4 years. In January 2013, the stock market was at 13,900 (I'm rounding off for convenience sometimes). In late October 2016, the month before Trump was elected, the market was at 18,100. That's a gain of 4,200 points in 4 years. Just three weeks after Trump's election, the market jumped by over 1,000 points, going from 18,100 to 19,152 in late November 2016. As of last week, the market stood at 24,271, a gain of 6,000 points.
* Since Trump took office in January 2017, over 2.9 million new jobs have been created.
Bureau of Labor Statistics Data
* The unemployment rate has dropped to 3.8%, the lowest rate since April 2000. The lowest unemployment rate under Obama was 4.6%.
Notice: Data not available: U.S. Bureau of Labor Statistics [you have to set the search parameters to go back to January 2000]
* We now have more manufacturing jobs than we ever did under Obama. As of May 2018, there were 12,670,000 manufacturing jobs. Under Obama, the highest number of manufacturing jobs was 12,370,000.
Bureau of Labor Statistics Data
* Since Trump took office, there have been 304,000 new manufacturing jobs created. In contrast, under Obama, we *lost* manufacturing jobs, going from 1,256,000 in January 2009 to 1,236,900 in January 2017, a loss of 30,000 manufacturing jobs.
Bureau of Labor Statistics Data
* Black and Hispanic unemployment rates are at historic lows.
Black, Hispanic unemployment rates hit record lows in April
* Under Trump, the U-6 unemployment rate, aka the "real unemployment rate," has dropped a staggering 1.8 percentage points, or a whopping 17%, going from 9.4% in January 2017 to 7.6% in May.
U6 Unemployment Rate | Portal Seven
But rather than rejoice in all this good economic news, most liberals insist on living in some parallel universe where the economy is doing badly or barely making any progress. Very odd.
* The stock market has grown more under Trump since the month he was elected than it did under Obama in 4 years. In January 2013, the stock market was at 13,900 (I'm rounding off for convenience sometimes). In late October 2016, the month before Trump was elected, the market was at 18,100. That's a gain of 4,200 points in 4 years. Just three weeks after Trump's election, the market jumped by over 1,000 points, going from 18,100 to 19,152 in late November 2016. As of last week, the market stood at 24,271, a gain of 6,000 points.
* Since Trump took office in January 2017, over 2.9 million new jobs have been created.
Bureau of Labor Statistics Data
* The unemployment rate has dropped to 3.8%, the lowest rate since April 2000. The lowest unemployment rate under Obama was 4.6%.
Notice: Data not available: U.S. Bureau of Labor Statistics [you have to set the search parameters to go back to January 2000]
* We now have more manufacturing jobs than we ever did under Obama. As of May 2018, there were 12,670,000 manufacturing jobs. Under Obama, the highest number of manufacturing jobs was 12,370,000.
Bureau of Labor Statistics Data
* Since Trump took office, there have been 304,000 new manufacturing jobs created. In contrast, under Obama, we *lost* manufacturing jobs, going from 1,256,000 in January 2009 to 1,236,900 in January 2017, a loss of 30,000 manufacturing jobs.
Bureau of Labor Statistics Data
* Black and Hispanic unemployment rates are at historic lows.
Black, Hispanic unemployment rates hit record lows in April
* Under Trump, the U-6 unemployment rate, aka the "real unemployment rate," has dropped a staggering 1.8 percentage points, or a whopping 17%, going from 9.4% in January 2017 to 7.6% in May.
U6 Unemployment Rate | Portal Seven
But rather than rejoice in all this good economic news, most liberals insist on living in some parallel universe where the economy is doing badly or barely making any progress. Very odd.