Trump Effect: U.S. Economy Added 256,000 Jobs In December, Unemployment Rate Fell

[Moonglow]

Yup. The Dow was about 28,000 when Trump left office.

It’s above 44,000 now

Christ that was lame gas lighting

and then claimed it was highest under Trump, is it too early for booze?

 

[Mashmont]

Historically, the United States Stock Market Index reached an all time high of 6099.97 in December of 2024. United States Stock Market Index - data, forecasts, historical chart - was last updated on January 22 of 2025.

United States Stock Market Index - Chart - Historical Data - News​

I don't know if you know what "at that point" means, but I said the DJIA was the highest it had ever been up until that point at the end of Trump's presidency.

 

[Lesh]

I don't know if you know what "at that point" means, but I said the DJIA was the highest it had ever been up until that point at the end of Trump's presidency.

So by your measure… Biden has done a great job since the Dow is 16,000 Higher than when he took office

 

[Mashmont]

So by your measure… Biden has done a great job since the Dow is 16,000 Higher than when he took office

1. It's not 16,000 higher. Who was your math teacher?
2. Inflation negated most if not all the stock market gains during Biden.

 

[DonGlock26]

Too bad the fat blob was not president...

Biden's not fat. He's frail because he's demented.

 

[struth]

I guess it was the Trump affect that has caused the markets to drop 3000 points also.

Trump impact....

Dow Jones Jumps Alongside Earnings Rally​

Dow Jones Jumps Alongside Earnings Rally

The Dow Jones Industrial Average (DJIA) is up today as the index rallies alongside companies releasing Q4 2024 earnings reports. Many companies ...

markets.businessinsider.com

 

[otto105]

"Trump Effect: U.S. Economy Added 256,000 Jobs In December, Unemployment Rate Fell
Employers in the United States added 256,000 workers to their payrolls in November, the Department of Labor said Friday, and the unemployment rate declined to 4.1 percent.

Economists had been expecting 153,000 jobs and an unemployment rate unchanged at 4.2 percent. The prior month’s jobs figure was revised down to 212,000 from 227,000.

Most of the job creation in December came from the private sector, which added 223,000 workers. Economists had forecast just 130,000 private sector jobs.

The figures are seasonally adjusted."

Trump Effect: U.S. Economy Added 256,000 Jobs In December, Unemployment Rate Fell

Businesses ramped up hiring much more than expected in the month after Donald Trump won the presidential election. | Economy

www.breitbart.com

As predicted, a Trump victory is a shot in the arm for the US economy. Democrats are going to be so sad over America's recovery from four years of Bidenomics.

Those are Biden numbers.

You have one chore and that is to help Shitler! blame everyone else of a mid-air collision on his watch.

 

[otto105]

1. It's not 16,000 higher. Who was your math teacher?
2. Inflation negated most if not all the stock market gains during Biden.

How does inflation negate stock market gains?

 

[struth]

The country was just short of closed down when Trump left office.

Stop trying to gas light ya ******* idiot

Another lie, the country was opening up, UE rate was dropping rapidly as Americans were going back to work

Civilian unemployment rate

www.bls.gov

It went from 14.8 in April of 2020, all the way back down to 6.4 by Jan of 2021....then Xiden got elected, opened the border, completely dropped the ball on vaccines, and gave us record covid deaths, while he and the Dems passed a bailout to dem run states for trillions of dollars, and went to war on our energy sector, while states like Cali continued to shut our major ports down, jacking up inflation to record levels..the end result after four years was a majority of Americans were worse off

 

[struth]

How does inflation negate stock market gains?

Because the dollar isn't worth as much. Inflation isn't the cost of something going up, it's t the value of the dollar being less. That's what causes the price of products to cost more dollars

 

[DonGlock26]

Those are Biden numbers.

You have one chore and that is to help Shitler! blame everyone else of a mid-air collision on his watch.

The economy improved when it was made clear by the American voters that Bidenomics was OVER.

 

[otto105]

Because the dollar isn't worth as much. Inflation isn't the cost of something going up, it's t the value of the dollar being less. That's what causes the price of products to cost more dollars

What does purchasing power have to do with the stock market gains?

If you hold cash inflation over time diminishes the ability of purchase. I had gains of 34% in a growth fund last year. How did inflation affect that since I didn't sell into a cash position.

 

[otto105]

The economy improved when it was made clear by the American voters that Bidenomics was OVER.

Great, now you acknowledge that it was good all long.

 

[struth]

What does purchasing power have to do with the stock market gains?

If you hold cash inflation over time diminishes the ability of purchase. I had gains of 34% in a growth fund last year. How did inflation affect that since I didn't sell into a cash position.

because the stock market represents dollars, the stocks are valued at dollars.

Sure, because the dollar was worth less over the year

I am not saying you didn't get a return, but if inflation went up, 25 percent over Xiden's term, and you got a 34 percent return, you only really gained 9 percent if you sold today, on that dollar

 

[DonGlock26]

Great, now you acknowledge that it was good all long.

Bidenomics sucked worse than Obamanomics.

 

[otto105]

The economy improved when it was made clear by the American voters that Bidenomics was OVER.

great, when will the price of a dozen eggs be decreasing then. Their up 37% under Shitlers! economy.

Doesn't he care about the people?

 

[JackOfNoTrades]

Love your 'logic' here. 0bama gets credit for the economy when Trump went in, that Trump markedly improved, Yet. Trump doesn't get credit for the great economy he passed on to Biden. The economy is worse now than when Biden took over, but somehow Biden gets credit for a 'good' economy' now? Huh?

Sorry, when Trump took office in 2017, that was Obama's economy. It took him three years to muck it up but he eventually did. And I have zero idea how you arrive at the conclusion that the economy is worse now than when Biden took office in 2021.
Sorry, I don't live in fantasy worlds.

I stand by my comment. The last three Democrat presidents have taken office and had to fix messes left behind by their Republican predecessors.

 

[DonGlock26]

great, when will the price of a dozen eggs be decreasing then. Their up 37% under Shitlers! economy.

Doesn't he care about the people?

Biden's failures will take time to fix.


"Since October, when the latest spate of outbreaks began, reports of bird flu spanning eight states, including Arizona, California, Iowa, North Carolina, Ohio, Oregon, Utah and Washington, have affected more than 25 million egg-laying hens. There are roughly 312 million egg-laying hens in the U.S. population, according to the USDA. That means nearly 8% of all U.S. egg layers were lost in the past four months."

Egg Prices Continue to Fall - NerdWallet

The retail price of eggs fell sharply in January and is now down more than a third from a year ago.

www.nerdwallet.com

 

[otto105]

because the stock market represents dollars, the stocks are valued at dollars.

Sure, because the dollar was worth less over the year

I am not saying you didn't get a return, but if inflation went up, 25 percent over Xiden's term, and you got a 34 percent return, you only really gained 9 percent if you sold today, on that dollar

Hilarious

Over Biden's term my growth fund made 63.5% in gains. The cumulative inflation under Biden was around 20%, so Biden netted me 43.5% gain over the inflation number using your math.]

I'm hoping that you held in cash because of politics and lost money.

 

[hadit]

Great work by our President
16 million jobs added since 2021

Beat that Trump

Great job, House Republicans!