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Old 01-30-2019, 06:29 PM  
kane
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Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
Quote:
Originally Posted by TheSquealer View Post
Obama was touting people's unemployment benefits running out in the middle of the lowest workforce participation rate in a century, as an improvement in jobs numbers and economic success.

Of course that was fake. We were in a severe recession and both workforce participation rates and unemployment were at record highs.

Today's economic reality, GDP, job growth and stock market performance / economy are nothing at all like it was then.

But then again, why care about reality when... Orange Man Bad!!
Just for a little perspective.

GDP - Trump has had 1 quarter above 4% and the rest have been pretty similar to Obama's. So, no, there hasn't been some crazy big boom in GDP.

Job Growth - There is no denying that the job numbers have been excellent. I would suggest Obama had something to do with it but so did Trump. Either way, the job numbers have been good.

Stock Market - In Trump's first two years in office the stock market has gained about 36%. In Obama's first two years in office it gained about 33%. So, no, there is no massive Trump gain.

I'm not saying the economy hasn't been doing well, it has been. Maybe we should all refrain, however, from lining up to suck the Orange Man's cock until we take an actual look at the numbers.
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