deanrd
Gold Member
- May 8, 2017
- 29,411
- 3,633
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- Banned
- #1
I'm looking at the economy and the things Trump has said and what Obama has said.
Some things we know. There were and average of 203,000 jobs created a month under Obama and an average of 188,000 jobs created under Trump.
Corporations, who were already making record profits under Obama were given a two trillion in tax cuts under Trump. They were already making record profits. So remember, the tax cut was supposed to translate into raises. But that only happened for around 5 million people, which sounds like a lot until you realize that the workforce is over 150,000,000 people. So that's a drop in the bucket.
And most got a bonus which is not a raise, it's a "kiss".
So then Trump says but salaries are going up. In most cases not even beating inflation. We all know that.
At the very beginning of Obama's first term unemployment was over 10%. It was 4.7 when he left office. It's 3.8 now. Less than a point lower.
What President Trump Inherits - FactCheck.org
So corporate profits are up. They were anyway. And with two trillion in extra money, they are really up.
Unemployment is down. But it's been going down since 2009.
There were 6 million available jobs when Obama left office, now there are 6.7 million jobs.
There are 6.3 million looking for jobs. Why the problem? Lack of skills, education and qualified people.
So what is being done about it?
And what happened to Trump's promise that everyone was going to get four thousand dollars more? Remember that from the campaign?
The typical American household will get “a $4,000 pay raise
Trump's Dubious $4,000 Claim - FactCheck.org
See what I mean? To me, it looks as if Trump is one of the worst credit snatchers ever. When everyone gets a four thousand dollar raise and everyone has better healthcare, I'll change my tune.
So come on, prove me different.
Some things we know. There were and average of 203,000 jobs created a month under Obama and an average of 188,000 jobs created under Trump.
Corporations, who were already making record profits under Obama were given a two trillion in tax cuts under Trump. They were already making record profits. So remember, the tax cut was supposed to translate into raises. But that only happened for around 5 million people, which sounds like a lot until you realize that the workforce is over 150,000,000 people. So that's a drop in the bucket.
And most got a bonus which is not a raise, it's a "kiss".
So then Trump says but salaries are going up. In most cases not even beating inflation. We all know that.
At the very beginning of Obama's first term unemployment was over 10%. It was 4.7 when he left office. It's 3.8 now. Less than a point lower.
What President Trump Inherits - FactCheck.org
So corporate profits are up. They were anyway. And with two trillion in extra money, they are really up.
Unemployment is down. But it's been going down since 2009.
There were 6 million available jobs when Obama left office, now there are 6.7 million jobs.
There are 6.3 million looking for jobs. Why the problem? Lack of skills, education and qualified people.
So what is being done about it?
And what happened to Trump's promise that everyone was going to get four thousand dollars more? Remember that from the campaign?
The typical American household will get “a $4,000 pay raise
Trump's Dubious $4,000 Claim - FactCheck.org
See what I mean? To me, it looks as if Trump is one of the worst credit snatchers ever. When everyone gets a four thousand dollar raise and everyone has better healthcare, I'll change my tune.
So come on, prove me different.