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Trump and job creation

MTAtech

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During the presidential campaign, Trump painted the jobs numbers under Obama as weak and terrible.

He Tweeted the below about his jobs numbers.

Donald J. Trump
@realDonaldTrump


Despite the phony Witch Hunt going on in America, the economic & jobs numbers are great. Regulations way down, jobs and enthusiasm way up!

8:54 AM - Jun 16, 2017

Well, how does Trump compare to Obama?

YearJanFebMarAprMayJunJulAugTotal for period
2016126237225153432972911761548
2017216232502071452101891561405

Well, if Trump says that his job numbers are "great," Obama's job numbers must have been great too. Moreover, in the last three months, Obama's numbers are much better than Trump's.
 


I guess Trump was right America got tired of winning
 
The only jobs that Trump has created were for lawyers.
 
Steve Greenhouse has the following to say from today's Times:


The fact that he has a working-class following that thinks he's fulfilling his promises of being pro-worker, is just disturbing.
 
Yeah, so far I'm not seeing any huge improvements to the economy. A slight slowdown, if anything. I think we should give it a full year before judging, however.
 
Yeah, so far I'm not seeing any huge improvements to the economy. A slight slowdown, if anything. I think we should give it a full year before judging, however.


No reason to wait a full year not with Trump as president
 
katzgar said:
No reason to wait a full year not with Trump as president.

If Trump were rounding up his political opponents into camps or something, I'd agree. But short of something like that, there are a number of reasons to wait at least a year before judging the results of a new President's policies, reasons both ethical and practical. Among them:

1. It's simply courteous to do so--and even if one could argue that Trump is pretty short of courtesy (which is true, I think), that is no reason to become discourteous.

2. The narrative advanced by Trump's supporters--that he is being unfairly treated--is plausible. That doesn't mean it's true, and indeed, I don't think it is. But jumping to conclusions, rushing forth boldly, and so on only embolded his supporters, whose views become even more entrenched.

3. As a matter of practical concern, it would take at least a year for a new President's policies to begin showing results in the economy. A year, give or take a few months, and there are clearly some possible exceptions. Right now, we're seeing the tail end of the effects of Obama's policies. We'll be moving solidly into Trump territory late this year or early next.
 
The government can't create jobs.
 

That would be fair had Trump not boasted that he's creating a wonderful economy -- in contrast to the "disaster" that he said we had under Obama. If we're having a good economy, it's not because Trump accomplished anything, it's because Obama left him a decent economy.

By the time June 2009 rolled around, Obama had already affected a rebound in the economy [see graph below] from major economic legislation passed months before -- the auto bailout, stimulus, and Congress was debating the ACA. This is August, and Trump hasn't gotten any significant economic legislation passed (not that I'm complaining because it will all be in the wrong direction.)

While Trump's supporters may say that Trump is being unfairly treated, that just means that they have Amnesia -- not remembering the complete roadblocks, stumbling blocks, insults and disrespect thrown at Obama. No Democrat has said, "our number one objective is to make sure Trump is a one-term president."

 
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I certainly think it's fair, and correct, to point out that Trump's self-promotion touts numbers that he used to say were horrible. Not to put too fine a point on things, I think you've hit on another reason to wait a year, or even 18 months, to judge--as I said, we are still in the tail-end of the Obama economy.


Well, to be fair it was more than just Obama, but I would say he had a lot to do with it. It certainly looks like Trump isn't going to be able to live up to any of his promises, but we will see.


I agree. However, I think you and I are discussing two different things. Trump promised to "make America great again," and bring back millions of manufacturing and other high-paying jobs. That's not an easy task no matter who promises it. I agree there is plenty of reason to criticize Trump. However, judging Trump on his results is a different matter. We won't know his results on the economy for a while.

I do think we can judge his effects so far on race relations and polarization in this country. I think he's had the salutary effect of showing the sane people just how crazy about a third of the country has become, right under our noses, so to speak. I think his Presidency is going to turn out to be one of the most important since WWII for all the wrong reasons...but I guess we'll see.
 

Considering what he inherited from the failed GW Bush Administration, Obama did a tremendous job. Primarily, he restored confidence in our failing financial system. I think the 1-year Trump numbers will go down slightly. I think the Service and Travel industries will take a hit, due to reduced tourism.
 
The same reason every politician does.

The fact is that the government creates jobs all the time. However, Trump's budget will decrease jobs as will his tax cut for the rich.
 
The fact is that the government creates jobs all the time. However, Trump's budget will decrease jobs as will his tax cut for the rich.

That isn't a fact. That's a neo-communist myth designed to trick people into putting more stock in the government that it deserves.
 
That isn't a fact. That's a neo-communist myth designed to trick people into putting more stock in the government that it deserves.
So, you are saying, contrary to common sense, that when the government orders an aircraft carrier, no jobs get created?
 
So, you are saying, contrary to common sense, that when the government orders an aircraft carrier, no jobs get created?

Those jobs are created by a private company that is filling that order.
 
Those jobs are created by a private company that is filling that order.
Of course, but it isn't happening in a vacuum. Without the demand from government, those workers wouldn't be working. But if you are going to be obtuse, government directly creates jobs too. Firemen, police, teacher, food inspectors, air traffic controllers are all jobs directly created by government. To deny that would be like denying that the sky is blue.
 

LOL, what you want to ignore

 

Keep trying to prop up that failure you supported while ignoring the private sector economy and economic activity today. Obama left us with a 1.5% GDP growth, 19.9 trillion dollar debt and 9.4% U-6, results that only excite people with such low expectations and inability to do research.


 

The money to pay those salaries comes from the private sector.
 

I'd take the economy that Trump inherited over what Obummer inherited from Bush any day. And the federal debt will always grow. Trying to shrink it means destoying dollars, most likely resulting in a recession, much like happened shortly after Clinton's budget surplus.
 

Of course you do, the 1.5% GDP growth, 19.9 trillion in debt and 9.4% U-6 gave us Trump but you are so focused on total employment under Obama that you ignored the jobs created, part time for economic reasons as well as record numbers of discouraged workers. how can we have such a great economy that you are touting and Obama losing the House, then the Congress and Democrats losing the WH?

You buy the media spin and ignore the Obama results. TARP brought us out of recession as it recapitalized the banks. Obama stimulus too employment from 142 million to 139 million two years later and the stimulus was signed in February 2009. Those are results you want to ignore propping up failure. Can you explain how the growing debt is down under Trump? 19.8 trillion today vs/ 19.9 trillion when he took office. Think the additional almost 2 million plus employed today is making a difference?

 

You seem to have a problem responding to actual posts that refute your opinions and force you to realize that you are wrong but apparently not able to admit it. Post 24 shows you what has happened since Obama left office and if you want I will post the Part time for economic reasons that are included in the Obama job performance numbers. Those numbers are people who wanted full time jobs but were unable to find them in what you seem to believe was a booming Obama economy. wonder who they voted for?
 
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