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Trump and job creation

MTAtech

MTAtech

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During the presidential campaign, Trump painted the jobs numbers under Obama as weak and terrible.

He Tweeted the below about his jobs numbers.

Donald J. Trump
✔@realDonaldTrump

Despite the phony Witch Hunt going on in America, the economic & jobs numbers are great. Regulations way down, jobs and enthusiasm way up!

8:54 AM - Jun 16, 2017
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Well, how does Trump compare to Obama?

YearJanFebMarAprMayJunJulAugTotal for period
2016126237225153432972911761548
2017216232502071452101891561405

Well, if Trump says that his job numbers are "great," Obama's job numbers must have been great too. Moreover, in the last three months, Obama's numbers are much better than Trump's.
 
MTAtech said:
During the presidential campaign, Trump painted the jobs numbers under Obama as weak and terrible.

He Tweeted the below about his jobs numbers.



Well, how does Trump compare to Obama?

YearJanFebMarAprMayJunJulAugTotal for period
2016126237225153432972911761548
2017216232502071452101891561405

Well, if Trump says that his job numbers are "great," Obama's job numbers must have been great too. Moreover, in the last three months, Obama's numbers are much better than Trump's.
Click to expand...


I guess Trump was right America got tired of winning
 
The only jobs that Trump has created were for lawyers.
 
Steve Greenhouse has the following to say from today's Times:

His threats to place tariffs on steel and aluminum imports might restore some jobs in those industries, but they could spur Chinese or European retaliation against other American industries, costing jobs. Moreover, any tariffs on steel and aluminum could harm industries — like automobiles and appliances — that use these metals, reducing employment there as well.
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The fact that he has a working-class following that thinks he's fulfilling his promises of being pro-worker, is just disturbing.
 
Yeah, so far I'm not seeing any huge improvements to the economy. A slight slowdown, if anything. I think we should give it a full year before judging, however.
 
ashurbanipal said:
Yeah, so far I'm not seeing any huge improvements to the economy. A slight slowdown, if anything. I think we should give it a full year before judging, however.
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No reason to wait a full year not with Trump as president
 
katzgar said:
No reason to wait a full year not with Trump as president.
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If Trump were rounding up his political opponents into camps or something, I'd agree. But short of something like that, there are a number of reasons to wait at least a year before judging the results of a new President's policies, reasons both ethical and practical. Among them:

1. It's simply courteous to do so--and even if one could argue that Trump is pretty short of courtesy (which is true, I think), that is no reason to become discourteous.

2. The narrative advanced by Trump's supporters--that he is being unfairly treated--is plausible. That doesn't mean it's true, and indeed, I don't think it is. But jumping to conclusions, rushing forth boldly, and so on only embolded his supporters, whose views become even more entrenched.

3. As a matter of practical concern, it would take at least a year for a new President's policies to begin showing results in the economy. A year, give or take a few months, and there are clearly some possible exceptions. Right now, we're seeing the tail end of the effects of Obama's policies. We'll be moving solidly into Trump territory late this year or early next.
 
The government can't create jobs.
 
ashurbanipal said:
If Trump were rounding up his political opponents into camps or something, I'd agree. But short of something like that, there are a number of reasons to wait at least a year before judging the results of a new President's policies, reasons both ethical and practical. Among them:

1. It's simply courteous to do so--and even if one could argue that Trump is pretty short of courtesy (which is true, I think), that is no reason to become discourteous.

2. The narrative advanced by Trump's supporters--that he is being unfairly treated--is plausible. That doesn't mean it's true, and indeed, I don't think it is. But jumping to conclusions, rushing forth boldly, and so on only embolded his supporters, whose views become even more entrenched.

3. As a matter of practical concern, it would take at least a year for a new President's policies to begin showing results in the economy. A year, give or take a few months, and there are clearly some possible exceptions. Right now, we're seeing the tail end of the effects of Obama's policies. We'll be moving solidly into Trump territory late this year or early next.
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That would be fair had Trump not boasted that he's creating a wonderful economy -- in contrast to the "disaster" that he said we had under Obama. If we're having a good economy, it's not because Trump accomplished anything, it's because Obama left him a decent economy.

By the time June 2009 rolled around, Obama had already affected a rebound in the economy [see graph below] from major economic legislation passed months before -- the auto bailout, stimulus, and Congress was debating the ACA. This is August, and Trump hasn't gotten any significant economic legislation passed (not that I'm complaining because it will all be in the wrong direction.)

While Trump's supporters may say that Trump is being unfairly treated, that just means that they have Amnesia -- not remembering the complete roadblocks, stumbling blocks, insults and disrespect thrown at Obama. No Democrat has said, "our number one objective is to make sure Trump is a one-term president."

fredgraph.png
 
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MTAtech said:
That would be fair had Trump not boasted that he's creating a wonderful economy -- in contrast to the "disaster" that he said we had under Obama. If we're having a good economy, it's not because Trump accomplished anything, it's because Obama left him a decent economy.
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I certainly think it's fair, and correct, to point out that Trump's self-promotion touts numbers that he used to say were horrible. Not to put too fine a point on things, I think you've hit on another reason to wait a year, or even 18 months, to judge--as I said, we are still in the tail-end of the Obama economy.

MTAtech said:
By the time June 2009 rolled around, Obama had already affected a rebound in the economy [see graph below] from major economic legislation passed months before -- the auto bailout, stimulus, and Congress was debating the ACA. This is August, and Trump hasn't gotten any significant economic legislation passed (not that I'm complaining because it will all be in the wrong direction.)
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Well, to be fair it was more than just Obama, but I would say he had a lot to do with it. It certainly looks like Trump isn't going to be able to live up to any of his promises, but we will see.

MTAtech said:
While Trump's supporters may say that Trump is being unfairly treated, that just means that they have Amnesia -- not remembering the complete roadblocks, stumbling blocks, insults and disrespect thrown at Obama. No Democrat has said, "our number one objective is to make sure Trump is a one-term president."
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I agree. However, I think you and I are discussing two different things. Trump promised to "make America great again," and bring back millions of manufacturing and other high-paying jobs. That's not an easy task no matter who promises it. I agree there is plenty of reason to criticize Trump. However, judging Trump on his results is a different matter. We won't know his results on the economy for a while.

I do think we can judge his effects so far on race relations and polarization in this country. I think he's had the salutary effect of showing the sane people just how crazy about a third of the country has become, right under our noses, so to speak. I think his Presidency is going to turn out to be one of the most important since WWII for all the wrong reasons...but I guess we'll see.
 
MTAtech said:
During the presidential campaign, Trump painted the jobs numbers under Obama as weak and terrible.

He Tweeted the below about his jobs numbers.



Well, how does Trump compare to Obama?

YearJanFebMarAprMayJunJulAugTotal for period
2016126237225153432972911761548
2017216232502071452101891561405

Well, if Trump says that his job numbers are "great," Obama's job numbers must have been great too. Moreover, in the last three months, Obama's numbers are much better than Trump's.
Click to expand...

Considering what he inherited from the failed GW Bush Administration, Obama did a tremendous job. Primarily, he restored confidence in our failing financial system. I think the 1-year Trump numbers will go down slightly. I think the Service and Travel industries will take a hit, due to reduced tourism.
 
apdst said:
The same reason every politician does.
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The fact is that the government creates jobs all the time. However, Trump's budget will decrease jobs as will his tax cut for the rich.
 
MTAtech said:
The fact is that the government creates jobs all the time. However, Trump's budget will decrease jobs as will his tax cut for the rich.
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That isn't a fact. That's a neo-communist myth designed to trick people into putting more stock in the government that it deserves.
 
apdst said:
That isn't a fact. That's a neo-communist myth designed to trick people into putting more stock in the government that it deserves.
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So, you are saying, contrary to common sense, that when the government orders an aircraft carrier, no jobs get created?
 
MTAtech said:
So, you are saying, contrary to common sense, that when the government orders an aircraft carrier, no jobs get created?
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Those jobs are created by a private company that is filling that order.
 
apdst said:
Those jobs are created by a private company that is filling that order.
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Of course, but it isn't happening in a vacuum. Without the demand from government, those workers wouldn't be working. But if you are going to be obtuse, government directly creates jobs too. Firemen, police, teacher, food inspectors, air traffic controllers are all jobs directly created by government. To deny that would be like denying that the sky is blue.
 
MTAtech said:
During the presidential campaign, Trump painted the jobs numbers under Obama as weak and terrible.

He Tweeted the below about his jobs numbers.



Well, how does Trump compare to Obama?

YearJanFebMarAprMayJunJulAugTotal for period
2016126237225153432972911761548
2017216232502071452101891561405

Well, if Trump says that his job numbers are "great," Obama's job numbers must have been great too. Moreover, in the last three months, Obama's numbers are much better than Trump's.
Click to expand...

LOL, what you want to ignore

Labor Force Statistics from the Current Population Survey
Original Data Value

Series Id: LNS12032194
Seasonally Adjusted
Series title: (Seas) Employment Level - Part-Time for Economic Reasons, All Industries
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Hours at work: 1 to 34 hours
Reasons work not as scheduled: Economic reasons
Worker status/schedules: At work part time
Years: 2007 to 2017

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007 4279 4220 4253 4313 4473 4342 4410 4576 4521 4325 4494 4618
2008 4846 4902 4904 5220 5286 5540 5930 5851 6148 6690 7311 8029
2009 8046 8796 9145 8908 9113 9024 8891 9029 8847 8979 9114 9098
2010 8530 8936 9233 9178 8845 8577 8500 8800 9246 8837 8873 8935
2011 8470 8464 8645 8652 8576 8427 8281 8788 9166 8657 8447 8171
2012 8305 8238 7775 7913 8101 8072 8082 7974 8671 8203 8166 7943
2013 8074 8119 7658 7936 7864 8096 8083 7804 8011 7995 7730 7792
2014 7298 7262 7403 7466 7170 7469 7430 7173 7123 7033 6870 6819
2015 6836 6664 6646 6563 6544 6463 6292 6438 6031 5734 6113 6057
2016 6035 6019 6120 5970 6409 5820 5936 6027 5874 5850 5659 5598
2017 5840 5704 5553 5272 5219 5326 5282
Click to expand...
 
MTAtech said:
Of course, but it isn't happening in a vacuum. Without the demand from government, those workers wouldn't be working. But if you are going to be obtuse, government directly creates jobs too. Firemen, police, teacher, food inspectors, air traffic controllers are all jobs directly created by government. To deny that would be like denying that the sky is blue.
Click to expand...

Keep trying to prop up that failure you supported while ignoring the private sector economy and economic activity today. Obama left us with a 1.5% GDP growth, 19.9 trillion dollar debt and 9.4% U-6, results that only excite people with such low expectations and inability to do research.


Labor Force Statistics from the Current Population Survey
Original Data Value

Series Id: LNS12000000
Seasonally Adjusted
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Years: 2007 to 2017

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007 146028 146057 146320 145586 145903 146063 145905 145682 146244 145946 146595 146273
2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
2011 139250 139394 139639 139586 139624 139384 139524 139942 140183 140368 140826 140902
2012 141584 141858 142036 141899 142206 142391 142292 142291 143044 143431 143333 143330
2013 143225 143315 143319 143603 143856 144006 144318 144304 144466 143577 144536 144741
2014 145055 145102 145715 145673 145819 146222 146461 146501 146845 147426 147361 147521
2015 148061 148108 148244 148522 148792 148742 148890 149092 148932 149255 149419 150030
2016 150533 151043 151301 151028 151058 151090 151546 151655 151926 151902 152048 152111
2017 152081 152528 153000 153156 152923 153168 153513 153439
Click to expand...
 
MTAtech said:
Of course, but it isn't happening in a vacuum. Without the demand from government, those workers wouldn't be working. But if you are going to be obtuse, government directly creates jobs too. Firemen, police, teacher, food inspectors, air traffic controllers are all jobs directly created by government. To deny that would be like denying that the sky is blue.
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The money to pay those salaries comes from the private sector.
 
Conservative said:
Keep trying to prop up that failure you supported while ignoring the private sector economy and economic activity today. Obama left us with a 1.5% GDP growth, 19.9 trillion dollar debt and 9.4% U-6, results that only excite people with such low expectations and inability to do research.
Click to expand...

I'd take the economy that Trump inherited over what Obummer inherited from Bush any day. And the federal debt will always grow. Trying to shrink it means destoying dollars, most likely resulting in a recession, much like happened shortly after Clinton's budget surplus.
 
imagep said:
I'd take the economy that Trump inherited over what Obummer inherited from Bush any day. And the federal debt will always grow. Trying to shrink it means destoying dollars, most likely resulting in a recession, much like happened shortly after Clinton's budget surplus.
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Of course you do, the 1.5% GDP growth, 19.9 trillion in debt and 9.4% U-6 gave us Trump but you are so focused on total employment under Obama that you ignored the jobs created, part time for economic reasons as well as record numbers of discouraged workers. how can we have such a great economy that you are touting and Obama losing the House, then the Congress and Democrats losing the WH?

You buy the media spin and ignore the Obama results. TARP brought us out of recession as it recapitalized the banks. Obama stimulus too employment from 142 million to 139 million two years later and the stimulus was signed in February 2009. Those are results you want to ignore propping up failure. Can you explain how the growing debt is down under Trump? 19.8 trillion today vs/ 19.9 trillion when he took office. Think the additional almost 2 million plus employed today is making a difference?

Labor Force Statistics from the Current Population Survey
Original Data Value

Series Id: LNS12000000
Seasonally Adjusted
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Years: 2007 to 2017

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007 146028 146057 146320 145586 145903 146063 145905 145682 146244 145946 146595 146273
2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
2011 139250 139394 139639 139586 139624 139384 139524 139942 140183 140368 140826 140902
2012 141584 141858 142036 141899 142206 142391 142292 142291 143044 143431 143333 143330
2013 143225 143315 143319 143603 143856 144006 144318 144304 144466 143577 144536 144741
2014 145055 145102 145715 145673 145819 146222 146461 146501 146845 147426 147361 147521
2015 148061 148108 148244 148522 148792 148742 148890 149092 148932 149255 149419 150030
2016 150533 151043 151301 151028 151058 151090 151546 151655 151926 151902 152048 152111
2017 152081 152528 153000 153156 152923 153168 153513 153439
Click to expand...
 
imagep said:
I'd take the economy that Trump inherited over what Obummer inherited from Bush any day. And the federal debt will always grow. Trying to shrink it means destoying dollars, most likely resulting in a recession, much like happened shortly after Clinton's budget surplus.
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You seem to have a problem responding to actual posts that refute your opinions and force you to realize that you are wrong but apparently not able to admit it. Post 24 shows you what has happened since Obama left office and if you want I will post the Part time for economic reasons that are included in the Obama job performance numbers. Those numbers are people who wanted full time jobs but were unable to find them in what you seem to believe was a booming Obama economy. wonder who they voted for?
 
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