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The last 21 months of the Obama Economy V. The first 21 months of the Trump Economy.

Casca XV

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Writing is the Wall Street Journal, Former CEO Andy Puzder claims that Trump’s economy easily wins over Obama when you look at the numbers.

Obama’s last six full quarters in office GDP growth averaged 1.5%. Trumps first full six quarters in office GDP growth averaged 3%.

Obama’s last 21 months in office, job openings increased an average of 900 a month. Trump’s first 21 months in office, job openings increased an average of 75,000 a month.

Obama’s last 21 months in office, the number of Americans employed increased an average of 157,000 a month. Trumps’ First 21 months in office, the number of Americans employed increased an average of 214,000 a month.

Obama’s last 21 months in office, weekly earnings rose an average of $1.31. Trumps first 21 months average weekly earnings rose an average of $1.84 before tax cuts, after tax cuts the weekly average increase rose to $2.31.

Obama’s last 21 months in office, unemployment declined 13% from what it was at the beginning of that time period. Trump’s first 21 months in office, unemployment declined 23% from what it was at the beginning of that time period.

(First quarter of 2017 was not counted in GDP stats because both Presidents shared it. The time period is 21 months because although elected a smidge over 2 years ago Trump has been in office a smidge over 21 months.)

The WSJ article is behind a pay wall. This link has the entire article along with Op Ed commentary, as well as a link to the original WSJ article if you with to subscribe.

https://themoneymanifesto.com/2018/11/26/the-trump-economy-v-the-obama-economy/
 

Casca XV

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Writing is the Wall Street Journal, Former CEO Andy Puzder claims that Trump’s economy easily wins over Obama when you look at the numbers.

Obama’s last six full quarters in office GDP growth averaged 1.5%. Trumps first full six quarters in office GDP growth averaged 3%.

Obama’s last 21 months in office, job openings increased an average of 900 a month. Trump’s first 21 months in office, job openings increased an average of 75,000 a month.

Obama’s last 21 months in office, the number of Americans employed increased an average of 157,000 a month. Trumps’ First 21 months in office, the number of Americans employed increased an average of 214,000 a month.

Obama’s last 21 months in office, weekly earnings rose an average of $1.31. Trumps first 21 months average weekly earnings rose an average of $1.84 before tax cuts, after tax cuts the weekly average increase rose to $2.31.

Obama’s last 21 months in office, unemployment declined 13% from what it was at the beginning of that time period. Trump’s first 21 months in office, unemployment declined 23% from what it was at the beginning of that time period.

(First quarter of 2017 was not counted in GDP stats because both Presidents shared it. The time period is 21 months because although elected a smidge over 2 years ago Trump has been in office a smidge over 21 months.)

The WSJ article is behind a pay wall. This link has the entire article along with Op Ed commentary, as well as a link to the original WSJ article if you with to subscribe.

https://themoneymanifesto.com/2018/11/26/the-trump-economy-v-the-obama-economy/

56 views and no reply's. In other words Leftists cant dispute.
 

Hawkeye10

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56 views and no reply's. In other words Leftists cant dispute.

I think the argument is that this does not matter, "BECAUSE TRUMP!"

Saying anything nice about him is "Not Productive".

And we are in the Post Truth Era.

And the ends justify the means.

"ONWARD TO UTOPIA!"
 

Casca XV

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I think the argument is that this does not matter, "BECAUSE TRUMP!"

Saying anything nice about him is "Not Productive".

And we are in the Post Truth Era.

And the ends justify the means.

"ONWARD TO UTOPIA!"

I can list how Trump has improved the economy. there are no Obama policies that did the same.
 

Hawkeye10

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I can list how Trump has improved the economy. there are no Obama policies that did the same.

Notice how nobody cares.

Also notice how Jordan Peterson comes very close to saying that lack of sufficient believing in Truth and caring about where it is is THE root cause of the shockingly huge and fast loss of vitality of the West, and that if we dont figure **** out real fast we are over.
 

Casca XV

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Notice how nobody cares.

Also notice how Jordan Peterson comes very close to saying that lack of sufficient believing in Truth and caring about where it is is THE root cause of the shockingly huge and fast loss of vitality of the West, and that if we dont figure **** out real fast we are over.

Well Prof Peterson is good at describing Leftists.
 

Hawkeye10

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Well Prof Peterson is good at describing Leftists.

The Legacy Republicans were colossal liars, but the nation got tired of that, this is the reason Trump had such an easy time of it....you gotta be honest about all of it.
 

Casca XV

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The Legacy Republicans were colossal liars, but the nation got tired of that, this is the reason Trump had such an easy time of it....you gotta be honest about all of it.

Fact don't care about feelings
 

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Writing is the Wall Street Journal, Former CEO Andy Puzder claims that Trump’s economy easily wins over Obama when you look at the numbers.

Obama’s last six full quarters in office GDP growth averaged 1.5%. Trumps first full six quarters in office GDP growth averaged 3%.

Obama’s last 21 months in office, job openings increased an average of 900 a month. Trump’s first 21 months in office, job openings increased an average of 75,000 a month.

Obama’s last 21 months in office, the number of Americans employed increased an average of 157,000 a month. Trumps’ First 21 months in office, the number of Americans employed increased an average of 214,000 a month.

Obama’s last 21 months in office, weekly earnings rose an average of $1.31. Trumps first 21 months average weekly earnings rose an average of $1.84 before tax cuts, after tax cuts the weekly average increase rose to $2.31.

Obama’s last 21 months in office, unemployment declined 13% from what it was at the beginning of that time period. Trump’s first 21 months in office, unemployment declined 23% from what it was at the beginning of that time period.

(First quarter of 2017 was not counted in GDP stats because both Presidents shared it. The time period is 21 months because although elected a smidge over 2 years ago Trump has been in office a smidge over 21 months.)

The WSJ article is behind a pay wall. This link has the entire article along with Op Ed commentary, as well as a link to the original WSJ article if you with to subscribe.

https://themoneymanifesto.com/2018/11/26/the-trump-economy-v-the-obama-economy/

Bu-bu-but MELANIA's RED CHRISTAMS TREES !!!!!!
 

SonOfDaedalus

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Obama’s last 21 months in office, unemployment declined 13% from what it was at the beginning of that time period. Trump’s first 21 months in office, unemployment declined 23% from what it was at the beginning of that time period.

Fascinating. Let's see what that looks like...

latest_numbers_LNS14000000_2008_2018_all_period_M10_data.gif


Feel free to go to the BLS website

https://data.bls.gov/timeseries/LNS14000000

That one point is a perfect example of distorting statistics. I don't have time to go over all of your fake points. I do have one question: Does Trump get credit for the economy in the first month he took office? First 6 months?

Most people would attribute the first year to the previous administration but you begin giving credit Trump for the first month. It's laughable.

Obama was president for 8 years and got us through a recession. Has Trump been president 8 years? That's like comparing a rookie's statistics after his first year to a hall of famer's career stats and claiming the rookie is better. It's ridiculous.

I'm at work so no time to dismantle your nonsense about GDP. Hint:

The following equation is used to calculate the GDP: GDP = C + I + G + (X – M) or GDP = private consumption + gross investment + government investment + government spending + (exports – imports). ... It transforms the money-value measure, nominal GDP, into an index for quantity of total output.

And there is this...

Trump’s tariffs goosed this number as Morgan Stanley estimated that soybean exports increased 9,400% to try and beat China’s retaliatory ones being implemented.

https://www.forbes.com/sites/chuckj...-impacted-the-june-quarters-gdp/#5a7f6300230f

Can we expect this 9,400% increase in soybean exports to continue?
 
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lwf

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Obama’s last six full quarters in office GDP growth averaged 1.5%. Trumps first full six quarters in office GDP growth averaged 3%.

Obama’s last 21 months in office, job openings increased an average of 900 a month. Trump’s first 21 months in office, job openings increased an average of 75,000 a month.

Obama’s last 21 months in office, the number of Americans employed increased an average of 157,000 a month. Trumps’ First 21 months in office, the number of Americans employed increased an average of 214,000 a month.

Obama’s last 21 months in office, weekly earnings rose an average of $1.31. Trumps first 21 months average weekly earnings rose an average of $1.84 before tax cuts, after tax cuts the weekly average increase rose to $2.31.

Obama’s last 21 months in office, unemployment declined 13% from what it was at the beginning of that time period. Trump’s first 21 months in office, unemployment declined 23% from what it was at the beginning of that time period.

(First quarter of 2017 was not counted in GDP stats because both Presidents shared it. The time period is 21 months because although elected a smidge over 2 years ago Trump has been in office a smidge over 21 months.)

The WSJ article is behind a pay wall. This link has the entire article along with Op Ed commentary, as well as a link to the original WSJ article if you with to subscribe.

https://themoneymanifesto.com/2018/11/26/the-trump-economy-v-the-obama-economy/

The conclusion:

Trump’s economy easily wins over Obama when you look at the numbers.

doesn't follow from the premises. Economies don't change instantly once a new administration takes office, correct? So the first 21 months of the Trump administration would be more likely to be due to the Obama administration than anything done in the Trump administration. To make a logical comparison, lets compare the last 21 months of the Obama administration with the last 21 months of whatever administration we have in 2020-2024. That will be the true test of the Trump administration vs the Obama administration.
 

Casca XV

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Fascinating. Let's see what that looks like...

latest_numbers_LNS14000000_2008_2018_all_period_M10_data.gif


Feel free to go to the BLS website

https://data.bls.gov/timeseries/LNS14000000

That one point is a perfect example of distorting statistics. I don't have time to go over all of your fake points. I do have one question: Does Trump get credit for the economy in the first month he took office? First 6 months?

Most people would attribute the first year to the previous administration but you begin giving credit Trump for the first month. It's laughable.

That employment started improving at almost twice the rate after Obama's influence was erased says it all.

A vague fuzzy graph doesn't change that fact.

There were no Obama policies that improved any part ofthe economy. But there were several that retarded it's improvement.
 

tres borrachos

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Well, this will sure ruin Obama's chances of being re-elected.
 

lwf

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That employment started improving at almost twice the rate after Obama's influence was erased says it all.

A vague fuzzy graph doesn't change that fact.

There were no Obama policies that improved any part ofthe economy. But there were several that retarded it's improvement.

As I recall, there were a number of policies the Obama administration put forward that were rejected by a republican dominated congress. I also recall a cynical strategy employed by the republicans in congress to deliberately avoid passing any democratic bills that might improve the the economy in order to give them a better shot at winning the presidency in 2016 and taking credit for what would appear to be a sudden improvement. You obviously fell for it, but so far it's not looking like it's working out quite the way they were hoping.
 

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That employment started improving at almost twice the rate after Obama's influence was erased says it all.

A vague fuzzy graph doesn't change that fact.

There were no Obama policies that improved any part ofthe economy. But there were several that retarded it's improvement.

Vague fuzzy graph ? How about a capitalist rag writing as about the least objective source one could possibly find.

Total jobs under Obama's last two years were more than under trump's first two.

And this after W who had negative job numbers after 8 years...the worst two term performance on record and going through $13 trillion

of tax rate cuts and two wars. the repubs do love war though. The profit center that keeps on giving.
 

Casca XV

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The conclusion:

Trump’s economy easily wins over Obama when you look at the numbers.

doesn't follow from the premises. Economies don't change instantly once a new administration takes office, correct? So the first 21 months of the Trump administration would be more likely to be due to the Obama administration than anything done in the Trump administration. To make a logical comparison, lets compare the last 21 months of the Obama administration with the last 21 months of whatever administration we have in 2020-2024. That will be the true test of the Trump administration vs the Obama administration.

Actually the American mostly free market economy can and always has turned on a dime.

Business Leaders such as: CEOs, Investors, Small Business Owners and other Job Creaters are forward looking.

Those Business Leaders understand better than anyone how political policies directly effect them.

Just the news of Trumps win instantly changed their behavior. Just like four years earlier news of Obama's reelection win caused some of them to announce layoffs and other cutbacks.

Also the fact that aside from obamacare Obamas entire legacy was built on executive orders that Trump quickly repeated made the changes even quicker and more profound.
 

lwf

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Actually the American mostly free market economy can and always has turned on a dime.

Business Leaders such as: CEOs, Investors, Small Business Owners and other Job Creaters are forward looking.

Those Business Leaders understand better than anyone how political policies directly effect them.

Just the news of Trumps win instantly changed their behavior. Just like four years earlier news of Obama's reelection win caused some of them to announce layoffs and other cutbacks.

Also the fact that aside from obamacare Obamas entire legacy was built on executive orders that Trump quickly repeated made the changes even quicker and more profound.

Aside from recessions, it certainly does not turn on a dime. 4.1% growth in one year is considered an extremely fast (and probably unsustainable) change.

4.1%
 

Casca XV

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Vague fuzzy graph ? How about a capitalist rag writing as about the least objective source one could possibly find.

Total jobs under Obama's last two years were more than under trump's first two.

And this after W who had negative job numbers after 8 years...the worst two term performance on record and going through $13 trillion

of tax rate cuts and two wars. the repubs do love war though. The profit center that keeps on giving.

If you have a source that disputes these numbers show it. Leftist Propagandists are so desperate to defend Obama that if there is a microscopic error in an article like this they will be all over it and their articles will be easy to find.

Trump has not been in office two years yet. The BS stat you are sorcing counts people being rehired to jobs they were laid off from like they were new jobs.

Although there were many bad actors within the private banking community the government policies that caused the 2008 crash all came from Leftist Democrats, not Bush. Obama policies made the recession almost permanent or the slowest recovery in US History.

GDP growth is best overall indicator of economic health. Even with the Crash W had higher average GDP than Obama.

W inherited a recession made worse by 911. His tax cuts and deregulation created great prosperity from 2013 to 2016. 2016 Democrats took almost supermajority power in the Senate and Congress and the economy started to decline.
 

Casca XV

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Aside from recessions, it certainly does not turn on a dime. 4.1% growth in one year is considered an extremely fast (and probably unsustainable) change.

4.1%

says the same people who claimed nothing that is happening now could ever happen again especially under Trump.

There have been 11 recessions since the great depression. In evey one except the last, the bounce back matched the previous fall. Of course the last one was the first time leftist policies were implemented after.
 
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lwf

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says the same people who claimed nothing that is happening now could ever happen again especially under Trump.

There have been 11 recessions since the great depression. In evey one except the last, the bounce back matched the previous fall. Of course the last one was the first time leftist policies were implemented after.

Except they weren't. Democratic policies were floated and struck down by a rightist congress with the intent to slow the recovery until the democratic president's term was up and then implemented by a rightist congress under a rightist president under new names with cosmetic changes in order to take credit afterward.
 

Casca XV

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Except they weren't. Democratic policies were floated and struck down by a rightist congress with the intent to slow the recovery until the democratic president's term was up and then implemented by a rightist congress under a rightist president under new names with cosmetic changes in order to take credit afterward.

Yes, Republicans in Congress kept Obama under control for a while.

But then Obama started using executive orders get around Congress and implement his economy killing policies.

Trump came in and repealed them and the economy immediately skyrocketed.


Chechmate.
 
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