Unemployment Under Biden

[WTF]

Originally Posted by rexdutchman

Idiotism is display , remember yeelllins and the housing bubbles

Didn't you just vote for the liberal spending SOB who just had the biggest 4 year debt by almost double any othe administration?

[Levianon17]

Originally Posted by 1blackman1

you need to compare the start of the Obama administration and of the administration numbers. Trump just kept a downward trend going, the percent change under Obama is greater than Trumos. in fact, that's the case under every Dem administration vs Reopub administration since Nixon.

If Trump was the shit President you think he was the unemployment numbers would have gone up under his administration, but they didn't. Under Biden they'll most likely go up. If an industry is eliminated the jobs will go with it.

[rexdutchman]

senility now - the numbers are going up daily , solar jobs really what solar jobs if that industry was good they would have jobs , let see oil/gas about 100,000 a year solar about 30,000 okay drink more kool aide

[Tiny]

Originally Posted by WTF

I'm still not a fan of all the debt Obama packed on.

While I agree with your assertion that the SS formula needs tweaking and in fact should be done every decade.

The bigger problem imho is not just the birth rate decline but the success of Medicare with its life extending improved health of the elderly in this country. That is where the huge cost is coming....and you're right fewer workers paying for a larger and larger group of selfish old workers who did not have the foresight nor desire to pay more into SS and Medicare like they should have is the problem.

I could go on and on about the Reagan tax cut and entitlement increases of 1986 giving the illusion of a balancing of the budget but what it has done spur a whole group into thinking tax cuts always result in tax revenue gains.

Tiny suffers from this illusion

Again, I'm the biggest deficit hawk on this board next to you. The difference is I want to cut it through more efficient government and lower spending.

WTF suffers from the illusion that higher taxes equate with higher GDP.

[Tiny]

Originally Posted by rexdutchman

senility now - the numbers are going up daily , solar jobs really what solar jobs if that industry was good they would have jobs , let see oil/gas about 100,000 a year solar about 30,000 okay drink more kool aide

China's going to get the solar jobs. Their companies already have a massive lead over the rest of the world.

The USA is the largest oil and natural gas producer in the world. Look for Saudi Arabia and Russia to pass us by before long if Democrats continue to control the federal government. Yes high-paying jobs will be lost.

[oeb11]

Thank you Tiny - and jobs will be lost to China - whose leadership plans to complete what Khruschev attempted - "We will bury You"!
And given teh DPST/ccp destructiveness of our representative democracy and country - they may accomplish just that.

[adav8s28]

Originally Posted by 1blackman1

Poor Tiny. Just doesn’t wanna admit Obama and Biden took and approved the necessary actions that pulled us out of recession and built a damned good economy. No one says the president is the great economic mind but at the end of the day he has to decide to do X vs Y. The economy was slowly growing for 7 straight years after being on a terrible downspriral and. A possible complete collapse. Did Obama come to the conclusions without help, of course not. But he had the good sense to take advise from people wiser and smarter than him on the subject and made a decision that resulted in a 6% drop in unemployment. If he had a 3rd term or if Clinton was elected it’s very likely the same unemployment numbers Trump got would have been reached. The fact that you can’t acknowledge that just shows how jaded your view is.

Good point 1B1, Eccie republicans refuse to acknowledge that Obama/Biden cleaned up the mess that Bush43 and Dick Cheney left behind in Jan 2009. Bush43 and Dick Cheney left Obama with failing banks, failing markets and unemployment rate of 10%. The DJIA was 7,000 points and falling fast. Obama/Biden turned things around a will not get an ounce of credit from Eccie republicans.

[Levianon17]

Originally Posted by WTF

Last 3 years vs Trump's first 3 years

https://www.forbes.com/sites/chuckjo...mps-best-year/
Far from being the “Best economy ever”

Trump continually says that, “the U.S. is experiencing the best economy ever.” This is obvious gaslighting since the new results show that President Trump’s best year of job growth was 2.314 million in 2018 (the first year of the tax cut) but it falls short of any of Obama’s last three years. His boasts also don’t stand up when you peel the onion on GDP growth and realize that the Federal deficits during his Presidency will exceed any that were not impacted by a recession.

.

Hahahaha..........Obama was just printing money. What do you think all that QE shit was about?

[SpeedRacerXXX]

Originally Posted by Levianon17

If Trump was the shit President you think he was the unemployment numbers would have gone up under his administration, but they didn't. Under Biden they'll most likely go up. If an industry is eliminated the jobs will go with it.

Trump put his total emphasis on the economy. Before the pandemic, unemployment went from 4.7% when Trump entered office to 3.6%. A decrease of 1.1% in 3+ years. This was after a whopping tax decrease to corporations which drove the deficit up over a trillion dollars and did little for the GDP. Trump promised a GDP of 3%+, even suggesting 4 or 5%. Instead it hit 2.9% in 2018 then dropped to 2.3% in 2019 and was estimated to be in that range for 2020 and 2021, prior to the pandemic.

As far as future jobs, the intent of the Biden administration is to move jobs from one industry to another over a long period of time. The coal industry has been losing jobs for years. 90,000 coal mining jobs in 2012 and 46,600 today. Renewables now generate more electricity than coal. In 2016, Hillary Clinton proposed $30 billion for job training in new careers for those coal workers who were losing their jobs. Trump promised he would restore the jobs to the coal workers. Who had the better plan?

Biden obviously is losing support from those in the fossil fuel industries but he is doing what he said he would do during the campaign. And he was elected. It will be interesting to see how this plays out for him.

[adav8s28]

Originally Posted by SpeedRacerXXX

Trump put his total emphasis on the economy. Before the pandemic, unemployment went from 4.7% when Trump entered office to 3.6%. A decrease of 1.1% in 3+ years. This was after a whopping tax decrease to corporations which drove the deficit up over a trillion dollars and did little for the GDP. Trump promised a GDP of 3%+, even suggesting 4 or 5%. Instead it hit 2.9% in 2018 then dropped to 2.3% in 2019 and was estimated to be in that range for 2020 and 2021, prior to the pandemic.

+1

Excellent post Speed Racer. The Eccie repubtards and Trump worshipers can't deal with reality.

[oeb11]

Thank U - 'a' - as One blinded by marxist ideology and Xinn. And in cohorts with cancel culture, censorship, and AOC 's 're-education camps"! (extermination camps in reality).
When One can cancel culture ideas =- it is no big step to cancelling People who hold the 'wrong ideas"!


teh disasters fiden/DPST/ccp crime cabal is sowing will seed, germinate , and come home to rest - hopefully before 2022
Best make haste for the 2022 election voter fraud - after the expertise lerned from 2020.

[Levianon17]

Originally Posted by SpeedRacerXXX

Trump put his total emphasis on the economy. Before the pandemic, unemployment went from 4.7% when Trump entered office to 3.6%. A decrease of 1.1% in 3+ years. This was after a whopping tax decrease to corporations which drove the deficit up over a trillion dollars and did little for the GDP. Trump promised a GDP of 3%+, even suggesting 4 or 5%. Instead it hit 2.9% in 2018 then dropped to 2.3% in 2019 and was estimated to be in that range for 2020 and 2021, prior to the pandemic.

As far as future jobs, the intent of the Biden administration is to move jobs from one industry to another over a long period of time. The coal industry has been losing jobs for years. 90,000 coal mining jobs in 2012 and 46,600 today. Renewables now generate more electricity than coal. In 2016, Hillary Clinton proposed $30 billion for job training in new careers for those coal workers who were losing their jobs. Trump promised he would restore the jobs to the coal workers. Who had the better plan?

Biden obviously is losing support from those in the fossil fuel industries but he is doing what he said he would do during the campaign. And he was elected. It will be interesting to see how this plays out for him.

Obama presented you with an illusion. They factored in part time employment which doesn't really count. Don't put Obama on a pedestal he wasn't that great and Biden will be an even bigger flop.

[oeb11]

SR has gone to teh 'dark side' - such a shame.

[HedonistForever]

Originally Posted by 1blackman1

The Patriot Party will aid us in our cause. Making America Great Again.

Tiny my dear friend, your avoidance of accepting that the Obama years made it possible for the laizzez faire policies of the Trump administration is astounding. Tax revenue in the Trump years lagged behind spending and caused larger deficits than in the Obama years.

I know you can bring yourself to give fiscal credit to democrats because somewhere along the way that was ingrained in you head as bad or defeatist but the reality is this.

The last 3 Republican presidents ended their terms starting a recession. Last three Democrat presidents started their terms with republicans hading over bad economies. During the last two democrats presidencies they turned around those bad economies and handed their successors lower deficits and debt and growing economies. Biden will be the third straight to do it.

Chart away my friend and come up with convoluted excuses for republicans failures during their terms and somehow state it wasn’t the democrats that actually achieved those economies but at night when you go to bed, you know the truth.

You should pray to your gods that democrats continue with their records of success. He use what’s true is the last three republicans have continued their records of failure.

Dripping with "whataboutism".

[HedonistForever]

Originally Posted by 1blackman1

Poor Tiny. Just doesn’t wanna admit Obama and Biden took and approved the necessary actions that pulled us out of recession and built a damned good economy. No one says the president is the great economic mind but at the end of the day he has to decide to do X vs Y. The economy was slowly growing for 7 straight years after being on a terrible downspriral and. A possible complete collapse. Did Obama come to the conclusions without help, of course not. But he had the good sense to take advise from people wiser and smarter than him on the subject and made a decision that resulted in a 6% drop in unemployment. If he had a 3rd term or if Clinton was elected it’s very likely the same unemployment numbers Trump got would have been reached. The fact that you can’t acknowledge that just shows how jaded your view is.

More "whataboutism". Seems you just can't help yourself when "whataboutism" suits your cause.