Economy still has 5 Million fewer jobs than the Trump economy

Not a Monkeys Uncle

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Jan 25, 2022
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Raw numbers vs. percentages. By choosing to highlight jobs gained as his metric, Biden has an advantage in a comparison with previous presidents. The U.S. population has grown, and so has the labor force.

Biden said, "We’ve created more jobs in the first eight months of my administration than any president in American history — total number of jobs created."

The raw numbers support Biden’s claim, but the talking point glosses over the reality that the U.S. economy remains about 5 million jobs under its pre-pandemic peak. It also ignores that adjusting for population growth would have made Carter first, rather than Biden.

In addition, comparing presidents as Biden did is highly sensitive to the economic conditions around the time of their inauguration.

We rate the statement Half True.

OP: When Politifact says half true thats their way of saying its a lie because they are Leftist hacks.

The truth is, TRUMP, by October 5, 2018, Trump had given us the lowest unemployment rate in 50 years. Then the China Virus made problems, and the Democrats took advantage of Covid to impose needless shutdowns and lockdowns, destroying the economy and jobs, all to defeat Trump. And Now, the jobs that they destroyed on purpose are slowly coming back, no thanks to Biden mind you, and the extremist Left hails that as "job creation".

 
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Another problem created during Trump was the shutdown of the oil industry due to prices hitting the negative price index for oil.

The oil and gas industry has lost more than 100,000 jobs this ...

https://fortune.com › 2020/10/05 › oil-gas-jobs-transiti...



Oct 4, 2020 — The oil, natural gas, and chemicals industry in the U.S. eliminated 107,000 jobs between March and August of this year, according to a report ...
 
is that because that many Americans are dead now thanks to Trump? Kinda hard to have a job if you're pushing up daisies.
 

Raw numbers vs. percentages. By choosing to highlight jobs gained as his metric, Biden has an advantage in a comparison with previous presidents. The U.S. population has grown, and so has the labor force.

Biden said, "We’ve created more jobs in the first eight months of my administration than any president in American history — total number of jobs created."

The raw numbers support Biden’s claim, but the talking point glosses over the reality that the U.S. economy remains about 5 million jobs under its pre-pandemic peak. It also ignores that adjusting for population growth would have made Carter first, rather than Biden.

In addition, comparing presidents as Biden did is highly sensitive to the economic conditions around the time of their inauguration.

We rate the statement Half True.

OP: When Politifact says half true thats their way of saying its a lie because they are Leftist hacks.

The truth is, TRUMP, by October 5, 2018, Trump had given us the lowest unemployment rate in 50 years. Then the China Virus made problems, and the Democrats took advantage of Covid to impose needless shutdowns and lockdowns, destroying the economy and jobs, all to defeat Trump. And Now, the jobs that they destroyed on purpose are slowly coming back, no thanks to Biden mind you, and the extremist Left hails that as "job creation".


Why don't you shut up. Republican governors also instituted lockdowns. The fact is that Trump is responsible for the mess. He failed in his leadership. Biden has nothing to do with it but neither did Trump. The unemployment rate was 4.7% when he took over. Hardly a daunting number.
 

Effects of the coronavirus COVID-19 pandemic (CPS)

https://www.bls.gov › cps › effects-of-the-coronavirus-...



Of the 16.9 million people unemployed in July, 9.6 million (57 percent) were unable to work because their employer closed or lost business due to the pandemic.

Always eager to blame the virus for President Joe's failures, but you don't have enough balls to blame China for infecting you with it.

I bet you're even watching that shitshow of an Olympics they're putting on.
 
Always eager to blame the virus for President Joe's failures, but you don't have enough balls to blame China for infecting you with it.

I bet you're even watching that shitshow of an Olympics they're putting on.
I am still blaming God who is punishing the world for their indiscreet sins of the flesh for the pandemic.
 

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