Yep! best in decades. Six straight months of 4.1% rate. Thank you President Trump. Historically, and very consistently, the unemployment rate in the best of times has hovered around 4%. That is considered to be "full" employment. Those in transition between jobs, careers. In fact, economists are predicting the rate to hang around that 4.1% and maybe even creep up to 4.2%, or higher in coming months....and that is a VERY good sign. Why? Two reasons: 1) people who had given up during the obummer tenure are now actively re-entering the job market and are being counted again while they job hunt. And 2) people are much more confident the economy will continue to grow and some are taking that plunge of quitting a current job and going back to school in a move to change careers.
Again, thank you President Trump. Now....just imagine how great things could be if The Swamp would stop hindering him, and instead, work with our President to Make America Great Again. Would be nice....
I'm pretty sure you missed the entire point that the unemployment rate has been falling consistently for the past 10 years since peaking in 2009-10. But, sure, give Trump the credit for something that's been happening since before he set his sights on the White House and became a birther.
the bold, the beautiful, theprofessor
I never miss a point....even one as misguided as yall's lame attempt to give credit to obummer and deny the truth about the booming economy now.
YES!!! thanks to the democraps: Maxine Waters, Chris Dodd, Barney Frank, et al (joined by then senator obummer in 2004), the mortgage industry crashed and took with it many investment banks, pension funds, etc... and YES!!! I blame GWB as well for signing that stupid bill that created the sub-prime mess. Unemployment hit 9% and then spiked at 10%+ in 2009-10. And then, after the crisis passed, things settled down and unemployment began trending down.
BUT! the real unemployment rate was higher during that time period. Some economists said 20%+ which I don't believe, but I do think the 16% some economists offered is accurate. There is NO WAY! no matter who is POTUS, that the US economy would linger at such woeful lows for very long. Especially when other nations were having their own problems. Now....you can say what you will about economists, who should have one hand amputated (think about it...), but the consensus cut across the political spectrum.
FACTS: obummer is the ONLY POTUS to never have a single quarter of 3% economic growth. Trump has already had several, and some are predicting a 4% quarter coming. As much I want that to be true....I doubt it.
I could go on...and will if necessary. But the truth is the economy is humming like it hasn't since pre-2006. That is just a fact. AND! since so many Americans are benefitting, we should be happy about that too. (or....do you just hate Americans in general? just asking...)
And you know this because MSNBC told you? Or maybe Adam Schiff? Hillary?
Trump has stated he is great friends with May in England, Xi in China, could be friends with Putin in Russia and on and on. He even says the guy in Mexico is great. Who knows what he really thinks. This is the way real business folks act when they want something from you.
He even had nice words for Schumer and others on the dem side of the aisle.
You need to stop reading and listening to this stuff. If you hate Trump, vote against him in three years. But at least have real reasons and not just some tribal rhetoric. You know...issues and stuff. Like you liked Obamacare, or hate the tax cuts, or hate that we are renegotiating NAFTA/TPP or hate that the EPA is being gutted, or hate that we intervened in Syria, or a bunch of other things.
No wonder this country is in such bad shape politically. Nothing can be negotiated because both sides have demonized each other.
Man have you got that one backwards. They both really dislike each other.
Allies praise Syria strikes as Moscow seethes...
Putin predicts global 'chaos' if West hits again...
Russian warships laden with tanks, military trucks sail towards Middle East...
Even IF we are to generously grant obummer those 8 quarters, that is still only 8 out of 32 quarters while POTUS. That ain't good. But, just like his tainted unemployment numbers, it simply isn't true. Non-bias, apolitical economists say Nope! to those 8 quarters, growth did not reach 3% ever.
I have acknowledged that the 8 years of Bill Clinton were the best since WWII, eeking past Reagan's 8 years. I still like Reagan a whole lot more than Slick Willy, for the other things they did while POTUS, but facts are facts, and on the economy Clinton's tenure was better. Of course, for an 8-year run, both Clinton's and Reagan's terms are two of the very best in the history of our nation. Depending on what economic factors are emphasized, they could be #1 and #2 all time. BTW, the reason Clinton's total 8 years slips past Reagan's are the two recessions that occurred during Reagan's terms. First, he inherited a total mess, a real CF, from Carter, and most of his first two years, 81-83, the economy was still recovering. Then we had that mini-recession in mid-88, his last year in office. In between, from late '83 thru '87, the economy hummed at record pace.
Both Bushes, I and II, wallowed on the economic scale. In fairness to GWB, he inherited a sluggish economy due to the Y2K scare and the Dot.com crash. Neither of those had a lasting, real impact. It was more of a confidence-shaker. Still, the Clinton economy, which, as I said, had been very good, did have that late turn down. Then of course, GWB had the 9/11 event which again shook the economy to its core. After that, the US economy recovered and from 2002 thru 2006, GWB's economy did pretty good. Of course, part of that success was the artificial mortgage/housing "house of cards," a bubble. But GWB had some other, real successes to his credit during his tenure.
Then...along came obummer. This nation got dealt the worst possible blow it could have in 2008. Instead of a real POTUS, who would lift the nation out of its economic woes....like we got in 1980 to rescue us from Carter's mess....we got a socialist, anti-American pig. Many people....most of you...are clueless about the truth. I see it in your posts. A basic lack of understanding of how things work in the real world. Unfortunately, the new "norm" is a wrecked American Dream. YES! we can recover it, and that is exactly what Trump is trying to do. But a whole generation, those in and reaching that critical period in their lives that shapes their net worth, has been deprived of the same opportunity past generations have had. Some will NEVER achieve that which they would have, thanks to obummer and his ilk.
This happened to Japan. Economists refer to it as the "lost decade" which impacted an entire generation. Many economists were screaming warnings during the obummer debacle but because of the Deep State and what is considered PC, those economists were dismissed as mere alarmists, and worse....
Funny thing...I get a copy of VERY liberal university journals, such as the Booth School of Business at the University of Chicago. I generally read it cover to cover when it comes, quarterly. Their editorials are left-leaning. But, the individual research articles, written by their faculty, often in partnership with faculty from other schools, are fact-based. And...wow!
It's like this...there is a chain-smoker who smokes 10 packs a day and is killing himself. His health is deplorable, can hardly walk to the fridge without getting out of breath, and he will soon be dead of lung cancer...in his 50's. He says he likes smoking and verbally argues with any one who challenges his choices. But he publishes a fact-based report on the truth of the dangers of smoking. These libtard economists are like that. They voice support for the obummers of the world, vote for 'em, even advocate their policies. But then publish fact-based research articles which contradict the policies of those they support politically.
The truth always finds its way....
d80, quit being so logical. You are stomping on the narrative.