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FACT: stocks/economy do BETTER when DEMS in WH!

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Posted: #201

Quote Originally Posted by fubah2:

Unemployment changes by President:

 

Joe Biden (D)  6.3% down to 5.9% so far in only 6 months! an_light

trump    (R)   4.7 rose to 6.3 got WORSE by -1.6 pts <---#42 ranked president
Obama  (D)  7.8 down to 4.7 improved by +3.1 pts an_light<-- #10 ranked president!
GWBush (R)  4.0 rose to 7.8 got WORSE by -3.8 pts
Clinton  (D)  7.0 down to 4.0 improved by +3.0 pts!
GH Bush (R)  5.6 rose to 7.0 got WORSE by -1.4 pts
Reagan  (R)  7.7 down to 5.6 improved +2.1 pts
J.Carter (D)  7.7 n/c to 7.7 no significant change
G. Ford  (R)  5.5 rose to 7.7 got WORSE by -2.2 pts
R. Nixon (R)  3.4 rose to 5.5 got WORSE by -2.1 pts
Johnson (D)  5.5 down to 3.4 improved by +1.1 pts *3.4 is lowest 1960-2021
Kennedy (D) 6.7 down to 5.5 improved by +1.2 pts

Source: https://historyinpieces.com/research/us-unemployment-rates-president

I will point out this direct quote from the Business Insider on Jan. 22, 2021:

"According to the Bureau of Labor Statistics, the current unemployment rate is at 6.7%"

However, 2 other sources list that it was 6.3% on Jan.22 so I will use this lower number pending other resources.

 

 

 
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Posted: #202

Quote Originally Posted by fubah2:

Quote Originally Posted by KellyM_1964:     CEOs are now projecting the US economy will grow at a brisk annualized pace of 5% this year, up from just 3.7% previously.     if that 5% happens or even just 4.5%   then  president biden will achieve in his 1st yr what rump promised all his rumplickers but failed to achieve in 4 yrs rump = failure      I believe I read the CBO projects that the U.S. economy - now finally under good leadership (President Biden) - will grow by 6.5% this year (and possibly higher) and even by near 5% in 2022
CBO -Congressional Budget Office - What the fk they get paid for? Talk about the ALL-TIME Oxymoron. HAHA- word ends in moron. How I Ironic.

 
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Posted: #203

Quote Originally Posted by fubah2:

Quote Originally Posted by fubah2: Unemployment changes by President:   Joe Biden (D)  6.3% down to 5.9% so far in only 6 months! trump    (R)   4.7 rose to 6.3 got WORSE by -1.6 pts <---#42 ranked presidentObama  (D)  7.8 down to 4.7 improved by +3.1 pts <-- #10 ranked president!GWBush (R)  4.0 rose to 7.8 got WORSE by -3.8 ptsClinton  (D)  7.0 down to 4.0 improved by +3.0 pts! GH Bush (R)  5.6 rose to 7.0 got WORSE by -1.4 ptsReagan  (R)  7.7 down to 5.6 improved +2.1 pts J.Carter (D)  7.7 n/c to 7.7 no significant change G. Ford  (R)  5.5 rose to 7.7 got WORSE by -2.2 ptsR. Nixon (R)  3.4 rose to 5.5 got WORSE by -2.1 ptsJohnson (D)  5.5 down to 3.4 improved by +1.1 pts *3.4 is lowest 1960-2021Kennedy (D) 6.7 down to 5.5 improved by +1.2 pts Source: https://historyinpieces.com/research/us-unemployment-rates-president I will point out this direct quote from the Business Insider on Jan. 22, 2021: "According to the Bureau of Labor Statistics, the current unemployment rate is at 6.7%" However, 2 other sources list that it was 6.3% on Jan.22 so I will use this lower number pending other resources.
Where is the pandemic mentioned here???????????? Misleading as always. Another fake

 
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Posted: #204

Quote Originally Posted by fubah2:

 

Quote Originally Posted by fubah2:

 

Unemployment changes by President:

 

Joe Biden (D)  6.3% down to 5.9% so far in only 6 months! an_light

trump    (R)   4.7 rose to 6.3 got WORSE by -1.6 pts <---#42 ranked president
Obama  (D)  7.8 down to 4.7 improved by +3.1 pts an_light<-- #10 ranked president!
GWBush (R)  4.0 rose to 7.8 got WORSE by -3.8 pts
Clinton  (D)  7.0 down to 4.0 improved by +3.0 pts!
GH Bush (R)  5.6 rose to 7.0 got WORSE by -1.4 pts
Reagan  (R)  7.7 down to 5.6 improved +2.1 pts
J.Carter (D)  7.7 n/c to 7.7 no significant change
G. Ford  (R)  5.5 rose to 7.7 got WORSE by -2.2 pts
R. Nixon (R)  3.4 rose to 5.5 got WORSE by -2.1 pts
Johnson (D)  5.5 down to 3.4 improved by +1.1 pts *3.4 is lowest 1960-2021
Kennedy (D) 6.7 down to 5.5 improved by +1.2 pts

Source: https://historyinpieces.com/research/us-unemployment-rates-president

 

 

I will point out this direct quote from the Business Insider on Jan. 22, 2021:

"According to the Bureau of Labor Statistics, the current unemployment rate is at 6.7%"

However, 2 other sources list that it was 6.3% on Jan.22 so I will use this lower number pending other resources.

 

 

 
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Posted: #205

cut from cnn business ::


Stocks continue their BIG rebound


Dow climbs another 275 points at midday  thumbs_up

It's lunchtime ET and the stock market is still looking good today.
All three major indexes are trading higher, boosted by energy and financial stocks.

The Dow is up 0.8%, or 275 points, while the broader S&P 500 is 0.7% higher.
The Nasdaq Composite climbed 0.6%.

 

 

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Posted: #206

@KellyM_1964

 So the market took a big hit Monday because "the Delta variant" but now the market is back because the "delta is gone"? Why did the media make it seem like Mondays hit was because the Delta?  Keep digging, you'll find out what's really going on.

 
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Posted: #207

We'll revisit this thread when the inevitable pop of the asset bubble(s) here occurs and the market crashes.... it's coming an_popcorn

Time is a flat circle
 
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Posted: #208

Quote Originally Posted by kcblitzkrieg:

We'll revisit this thread when the inevitable pop of the asset bubble(s) here occurs and the market crashes.... it's coming

 

Media will say it's because of the Delta. Govt and media need an excuse and the "Delta" is the perfect cover. These morons in here will find a way to blame Trump though. There's a reason why states are going to lock everyone down again, they need a cover to why the market crashes (if it does of course). Sheep will believe the media but would fail to do their own research to figure out what's really happening in the financial world.

 
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Posted: #209

Quote Originally Posted by fubah2:


 

Unemployment changes by President:

 

Joe Biden (D)  6.3% down to 5.9% so far in only 6 months! an_light

trump    (R)   4.7 rose to 6.3 got WORSE by -1.6 pts <---#41 ranked president an_light
Obama  (D)  7.8 down to 4.7 improved by +3.1 pts an_light<-- #10 best president!
GWBush (R)  4.0 rose to 7.8 got WORSE by -3.8 pts
Clinton  (D)  7.0 down to 4.0 improved by +3.0 pts!
GH Bush (R)  5.6 rose to 7.0 got WORSE by -1.4 pts
Reagan  (R)  7.7 down to 5.6 improved +2.1 pts
J.Carter (D)  7.7 n/c to 7.7 no significant change
G. Ford  (R)  5.5 rose to 7.7 got WORSE by -2.2 pts
R. Nixon (R)  3.4 rose to 5.5 got WORSE by -2.1 pts
Johnson (D)  5.5 down to 3.4 improved by +1.1 pts *3.4 is lowest 1960-2021
Kennedy (D) 6.7 down to 5.5 improved by +1.2 pts

Source: https://historyinpieces.com/research/us-unemployment-rates-president

                     an_light

 

 

 
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Posted: #210

Quote Originally Posted by fubah2:

Quote Originally Posted by fubah2:   Unemployment changes by President:   Joe Biden (D)  6.3% down to 5.9% so far in only 6 months! trump    (R)   4.7 rose to 6.3 got WORSE by -1.6 pts <---#41 ranked president Obama  (D)  7.8 down to 4.7 improved by +3.1 pts <-- #10 best president!GWBush (R)  4.0 rose to 7.8 got WORSE by -3.8 ptsClinton  (D)  7.0 down to 4.0 improved by +3.0 pts! GH Bush (R)  5.6 rose to 7.0 got WORSE by -1.4 ptsReagan  (R)  7.7 down to 5.6 improved +2.1 pts J.Carter (D)  7.7 n/c to 7.7 no significant change G. Ford  (R)  5.5 rose to 7.7 got WORSE by -2.2 ptsR. Nixon (R)  3.4 rose to 5.5 got WORSE by -2.1 ptsJohnson (D)  5.5 down to 3.4 improved by +1.1 pts *3.4 is lowest 1960-2021Kennedy (D) 6.7 down to 5.5 improved by +1.2 pts Source: https://historyinpieces.com/research/us-unemployment-rates-president

 

Lol. Leave it up to Dems to try to steal credit. Democarts pushed to put everyone on UI under Trump, then want to take credit once he's out of office.

 

Fubduh try this...

 JOBS WERE BETTER THAN EXPECTED UNTIL THE CRISIS BEGAN

The unemployment rate fell from 4.7% shortly after Trump’s election to 3.5% by the end of 2019, below Federal Reserve expectations of about 4.5%. That was partly driven by Trump’s corporate and individual income-tax cuts and a February 2018 bill that reset spending caps Republicans had demanded in the Obama era. When the coronavirus struck, the economic damage from social distancing and states’ shutdowns helped to drive the jobless rate to 14.7% in April this year. The rate fell faster than the Fed expected, reaching 7.9% in September, but the jobs recovery is far from complete. Five million more people were unemployed in September than when Trump took office.

 

 
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Posted: #211

Quote Originally Posted by fubah2:

 

 

 

 

I will point out this direct quote from the Business Insider on Jan. 22, 2021:

"According to the Bureau of Labor Statistics, the current unemployment rate is at 6.7%"

However, 2 other sources list that it was 6.3% on Jan.22 so I will use this lower number pending other resources.

.

 

 

                     peace_5

 

 

 

 

 

 

 
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Posted: #212

Fubduh you want some more WWII stats...try this.

 

 
 
AUTHOR
WSJ Noted.
Published

 

  •  
    Text
  •  

 

 

President Trump has sought to turn the focus of the November election toward the economy during the campaign’s final stretch. His presidency has been characterized by two economies. While the first, which lasted until March, was good for millions of Americans, the Covid-19 era economy has been historically bad.

 

The unemployment rate fell from 4.7% shortly after Trump’s election to 3.5% by the end of 2019, below Federal Reserve expectations of about 4.5%. That was partly driven by Trump’s corporate and individual income-tax cuts and a February 2018 bill that reset spending caps Republicans had demanded in the Obama era. When the coronavirus struck, the economic damage from social distancing and states’ shutdowns helped to drive the jobless rate to 14.7% in April this year. The rate fell faster than the Fed expected, reaching 7.9% in September, but the jobs recovery is far from complete. Five million more people were unemployed in September than when Trump took office.

Trump’s first budget in 2017 projected that the growth rate under his policies would pick up to 3% by 2020 and stay there. During the expansion under Trump’s predecessor, Barack Obama, gross domestic product grew at an average annual rate of 2.25%. It picked up to a 2.5% rate over Trump’s first three years in office, according to Commerce Department figures. With the onset of the pandemic, growth went haywire as states shut down local economies and then reopened at different paces. A majority of private-sector economists surveyed by The Wall Street Journal this month estimated the gears of the economy wouldn’t be turning fully again until late 2021 or later.

[video from unapproved source]

During Trump’s first three years in office, median household incomes grew, inequality diminished, and the poverty rate among Black people fell below 20% for the first time in post-World War II records. The unemployment rate among Black people went under 6% for the first time in records going back to 1972. Minorities and low-skill workers tend to do best late in expansions as the jobless rate falls, but they also tend to be hit first in downturns when some firms dismiss the most recently hired. By September, the Black unemployment rate was 12.1%, reversing all of the gains achieved since 2014. The jobless rate for high-school graduates with no college was 9%, reversing the gains since 2011.

 
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Posted: #213

Quote Originally Posted by BigGame90:

Fubduh you want some more WWII stats...try this.       AUTHOR WSJ Noted. Published     Text       President Trump has sought to turn the focus of the November election toward the economy during the campaign’s final stretch. His presidency has been characterized by two economies. While the first, which lasted until March, was good for millions of Americans, the Covid-19 era economy has been historically bad.   The unemployment rate fell from 4.7% shortly after Trump’s election to 3.5% by the end of 2019, below Federal Reserve expectations of about 4.5%. That was partly driven by Trump’s corporate and individual income-tax cuts and a February 2018 bill that reset spending caps Republicans had demanded in the Obama era. When the coronavirus struck, the economic damage from social distancing and states’ shutdowns helped to drive the jobless rate to 14.7% in April this year. The rate fell faster than the Fed expected, reaching 7.9% in September, but the jobs recovery is far from complete. Five million more people were unemployed in September than when Trump took office. Trump’s first budget in 2017 projected that the growth rate under his policies would pick up to 3% by 2020 and stay there. During the expansion under Trump’s predecessor, Barack Obama, gross domestic product grew at an average annual rate of 2.25%. It picked up to a 2.5% rate over Trump’s first three years in office, according to Commerce Department figures. With the onset of the pandemic, growth went haywire as states shut down local economies and then reopened at different paces. A majority of private-sector economists surveyed by The Wall Street Journal this month estimated the gears of the economy wouldn’t be turning fully again until late 2021 or later. [video from unapproved source] During Trump’s first three years in office, median household incomes grew, inequality diminished, and the poverty rate among Black people fell below 20% for the first time in post-World War II records. The unemployment rate among Black people went under 6% for the first time in records going back to 1972. Minorities and low-skill workers tend to do best late in expansions as the jobless rate falls, but they also tend to be hit first in downturns when some firms dismiss the most recently hired. By September, the Black unemployment rate was 12.1%, reversing all of the gains achieved since 2014. The jobless rate for high-school graduates with no college was 9%, reversing the gains since 2011.

 
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Posted: #214

Fubduh, how'd Obama do with the black unemployment? Who was really looking out for the black culture?! Seems like Trump did a better job at finding work for black families and did better at helping blacks out of the poverty. Democrats are to blame for the shut downs and UI%.

 
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Posted: #215

Quote Originally Posted by fubah2:

 

Unemployment changes by President:

 

Joe Biden (D)  6.3% down to 5.9% so far in only 6 months! an_lightan_light

trump    (R)   4.7 rose to 6.3 got WORSE by -1.6 pts <---#41 ranked president an_light
Obama  (D)  7.8 down to 4.7 improved by +3.1 pts an_light<---- #10 best president!!
GWBush (R)  4.0 rose to 7.8 got WORSE by -3.8 pts
Clinton  (D)  7.0 down to 4.0 improved by +3.0 pts!
GH Bush (R)  5.6 rose to 7.0 got WORSE by -1.4 pts
Reagan  (R)  7.7 down to 5.6 improved +2.1 pts
J.Carter (D)  7.7 n/c to 7.7 no significant change
G. Ford  (R)  5.5 rose to 7.7 got WORSE by -2.2 pts
R. Nixon (R)  3.4 rose to 5.5 got WORSE by -2.1 pts
Johnson (D)  5.5 down to 3.4 improved by +1.1 pts *3.4 is lowest 1960-2021
Kennedy (D) 6.7 down to 5.5 improved by +1.2 pts

Source: https://historyinpieces.com/research/us-unemployment-rates-president

 

 

 

We are expecting Biden's unemployment numbers to continue on a downward trend over time!

 

 

 
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Posted: #216

@fubah2

Hopefully. He's not coming close to expectations. It's the middle of summer! His numbers should have been back to where Trump had them. Just wait another month or two as we get closer to winter, THE NUMBERS WILL GET WORSE!

 
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Posted: #217

Quote Originally Posted by BigGame90:

Quote Originally Posted by kcblitzkrieg: We'll revisit this thread when the inevitable pop of the asset bubble(s) here occurs and the market crashes.... it's coming   Media will say it's because of the Delta. Govt and media need an excuse and the "Delta" is the perfect cover. These morons in here will find a way to blame Trump though. There's a reason why states are going to lock everyone down again, they need a cover to why the market crashes (if it does of course). Sheep will believe the media but would fail to do their own research to figure out what's really happening in the financial world.

Delta is the convenient short term excuse yes.... the crash will be much much bigger than an excuse like that will cover but hey, you never know.  I wouldn't put anything past them.  

Time is a flat circle
 
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Posted: #218

Quote Originally Posted by fubah2:

 

 

Unemployment changes by President:

 

Joe Biden (D)  6.3% down to 5.9% so far in only 6 months! an_lightan_light

trump    (R)   4.7 rose to 6.3 got WORSE by -1.6 pts <---#41 ranked president an_light
Obama  (D)  7.8 down to 4.7 improved by +3.1 pts an_light<---- #10 best president!!
GWBush (R)  4.0 rose to 7.8 got WORSE by -3.8 pts
Clinton  (D)  7.0 down to 4.0 improved by +3.0 pts!
GH Bush (R)  5.6 rose to 7.0 got WORSE by -1.4 pts
Reagan  (R)  7.7 down to 5.6 improved +2.1 pts
J.Carter (D)  7.7 n/c to 7.7 no significant change
G. Ford  (R)  5.5 rose to 7.7 got WORSE by -2.2 pts
R. Nixon (R)  3.4 rose to 5.5 got WORSE by -2.1 pts
Johnson (D)  5.5 down to 3.4 improved by +1.1 pts *3.4 is lowest 1960-2021
Kennedy (D) 6.7 down to 5.5 improved by +1.2 pts

Source: https://historyinpieces.com/research/us-unemployment-rates-president

 

 

 

 

 

We are expecting Biden's unemployment numbers to continue on a downward trend over time!

 

 

it should        we finally have a good leader after 4.5 dark yrs

i  would guess in the neighborhood of about 5.4% by end of the yr give or take a little

 

 

 

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Posted: #219

Quote Originally Posted by KellyM_1964:

Unemployment changes by President:

 

Joe Biden (D)  6.3% down to 5.9% so far in only 6 months! an_lightan_light

trump   (R)   4.7 rose to 6.3 got WORSE by -1.6 pts <---#41 ranked president an_light
Obama  (D)  7.8 down to 4.7 improved by +3.1 pts an_light<---- #10 best president!!
GWBush (R)  4.0 rose to 7.8 got WORSE by -3.8 pts
Clinton  (D)  7.0 down to 4.0 improved by +3.0 pts!
GH Bush (R)  5.6 rose to 7.0 got WORSE by -1.4 pts
Reagan  (R)  7.7 down to 5.6 improved +2.1 pts
J.Carter (D)  7.7 n/c to 7.7 no significant change
G. Ford  (R)  5.5 rose to 7.7 got WORSE by -2.2 pts
R. Nixon (R)  3.4 rose to 5.5 got WORSE by -2.1 pts
Johnson (D)  5.5 down to 3.4 improved by +1.1 pts *3.4 is lowest 1960-2021
Kennedy (D) 6.7 down to 5.5 improved by +1.2 pts

Source: https://historyinpieces.com/research/us-unemployment-rates-president

 

 

 

 

 

We are expecting Biden's unemployment numbers to continue on a downward trend over time!

 

 

it should        we finally have a good leader after 4.5 dark yrs

i  would guess in the neighborhood of about 5.4% by end of the yr give or take a little

 

Sounds about right.  It will be slower going after that due to the sheeer depth of the mess trump and his accomplices left in their wake..........  much like Bush did.

Always a Democrat admin left to clean up the mess.

 

 

 
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Posted: #220

Quote Originally Posted by BigGame90:

how'd Obama do with the black unemployment? Who was really looking out for the black culture?! Seems like Trump did a better job at finding work for black families and did better at helping blacks out of the poverty. .

Under Obama, greater improvements in unemployment and jobs growth according to Bureau of labor statistics.  C-span survey of presidential historians rate Obama higher in economic management.  Under Obama, US economy recovers from recession.   Trump inherits a strong economy which declined into a recession.

 
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Posted: #221

Quote Originally Posted by thirdperson:

Quote Originally Posted by BigGame90: how'd Obama do with the black unemployment? Who was really looking out for the black culture?! Seems like Trump did a better job at finding work for black families and did better at helping blacks out of the poverty. . Under Obama, greater improvements in unemployment and jobs growth according to Bureau of labor statistics.  C-span survey of presidential historians rate Obama higher in economic management.  Under Obama, US economy recovers from recession.   Trump inherits a strong economy which declined into a recession.

 

Trumps economy was stronger than when Obama was in office. Try again. Trump had far better numbers than Obama had and he only had 3 years to do it.

 
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Posted: #222

Quote Originally Posted by thirdperson:

 

 

Under Obama, greater improvements in unemployment and jobs growth according to Bureau of labor statistics. 

C-span survey of presidential historians rate Obama higher in economic management. 

Under Obama, US economy recovers from recession.  

Trump inherits a strong economy which declined into a recession.

 

All true.    I've laid out the facts above in DETAIL.

 

trump's economy dropped unemployment from an already good number, 4.7%

down to a low of 3.5% -- an improvement of 1.2 pts.

 

OBAMA got it at 7.8% WHILE IT WAS STILL RISING WEEKLY up to a peak of 10%

and eventually handed it to trump at 4.7% -- well below historical mean avg.

-- and a drop of 5.3 percentage pts. an_light

When OBAMA left his unemployment numbers were 4.7%. 

Trump's were a HORRIBLE  6.3%

All this was fully covered in a previous thread.

 

 

 
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Posted: #223

@fubah2

 You keep comparing when Trump left office. Do you not understand that people WERE FORCED to go on UI?! They didn't voluntarily or by natural factors lose their jobs. 

Democrats pushed to shut businesses down. You know what that did? IT TRANSFERRED TRILLIONS OF DOLLARS FROM THE MIDDLE CLASS TO THE ULTRA WEALTHY! That's right, trillions left the pockets of the middle class and trillions found their way to the ultra wealthy. THAT IS WHY UI WAS SO HIGH WHEN TRUMP LEFT OFFICE.

 

 
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https://inequality.org/great-divide/updates-billionaire-pandemic/

 

this is what happened when the gov't decided to shut down small business and make people go on UI. You libs love to complain about the wealthy but at the same time you admire businesses getting shut down. Do you see the irony in what you celebrate?!

 
 
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Posted: #225

Quote Originally Posted by fubah2:

 

All true.    I've laid out the facts above in DETAIL.

 

trump's economy dropped unemployment from an already good number, 4.7%

down to a low of 3.5% -- an improvement of 1.2 pts.

 

OBAMA got it at 7.8% WHILE IT WAS STILL RISING WEEKLY up to a peak of 10%

and eventually handed it to trump at 4.7% -- well below historical mean avg.

-- and a drop of 5.3 percentage pts. an_light

When OBAMA left his unemployment numbers were 4.7%. 

Trump's were a HORRIBLE  6.3%

All this was fully covered in a previous thread.

 

absolutely terrible 6.3%   and even that the department of labor says is an underestimate of the true depth that rump and the rump-virus caused

 

 

Unemployment changes by President:

 

Joe Biden (D)  6.3% down to 5.9% so far in only 6 months! an_light

trump    (R)   4.7 rose to 6.3 got WORSE by -1.6 pts <---#42 ranked president
Obama  (D)  7.8 down to 4.7 improved by +3.1 pts an_light<-- #10 ranked president!
GWBush (R)  4.0 rose to 7.8 got WORSE by -3.8 pts
Clinton  (D)  7.0 down to 4.0 improved by +3.0 pts!
GH Bush (R)  5.6 rose to 7.0 got WORSE by -1.4 pts
Reagan  (R)  7.7 down to 5.6 improved +2.1 pts
J.Carter (D)  7.7 n/c to 7.7 no significant change
G. Ford  (R)  5.5 rose to 7.7 got WORSE by -2.2 pts
R. Nixon (R)  3.4 rose to 5.5 got WORSE by -2.1 pts
Johnson (D)  5.5 down to 3.4 improved by +1.1 pts *3.4 is lowest 1960-2021
Kennedy (D) 6.7 down to 5.5 improved by +1.2 pts

Source: https://historyinpieces.com/research/us-unemployment-rates-president

"I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
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