"No, the economy didn't suddenly get strong under Donald Trump"

Then post it again and show everybody that the chart you’re referring to doesn’t differentiate between temp and permanent jobs.

Don’t worry. I’ll wait.

 

I already posted a picture that says that’s bs

But regardless your description is simply false. The numbers you’re referring to on trend lines are almost all predicated on the job market. The problem with what Obama did is the jobs were temporary which means that the improvements to the economy were also temporary.

What Obama did is tantamount to the owner of a company whose company is in a nosedive. So he takes out massive loans and cuts his full time positions and hires three employees to become seasonal part time employees for every full time permanent job he cut. . But the owner never actually addresses the problems that caused his company to nosedive in the first place.

So what happens? His company gets a temporary bump. As long as the loan is providing money and the temp jobs are still employed his company looks like it’s doing much better. But eventually the loans run out and the temporary positions end. When that happens the company will continue its nosedive spiral at an even faster pace because now he has to pay back the loan too and he NEVER addressed the cause of the problem in the first place.

That’s EXACTLY what Obama did. He took out massive loans in the form of stimulus packages and he created a bunch of temporary positions. If trump hadn’t came in and saved our ass from that moron Obama and his policies, we would be seeing our economy taking that same nosedive into the tank.

 

Talk about obstinate

Not my opinion, everything in the article is based upon statistical facts, they even give the sources plus offer others, numbers coming out of the Bureau of Labor isn't partisan, it is not an economists analysis

 

Fantastic now would anybody like to tell me whether this chart differentiates between temporary and permanent jobs?

 

Sort of. Economics aren't that great for predicting the future, but they can absolutely give a clear picture of what happened and generally why.

Simply saying "I don't believe it" is entirely your right, but you would be wrong every time.

 

Not necessarily obstinate. Quotes taken from the internet simply don't change my opinions. Logic or personal experience works better for me. If you think the compilation and analysis of data can't be politically biased then I have some news for you.

 

Laura Ingram made the best argument on this topic I have heard. If Obama had done such a great job on the economy, then why didn't Hillary run a campaign based on the "Great Economic Recovery?" She didn't because it was the weakest recovery in history!

 

Which are those "permanent" jobs you talk about?

Anyone who thinks they have a "permanent" job under Trump just need to wait for the next GOP supply-side induced great recession/depression to find out just how "permanent" they are.

 

Probably happens a lot.

 

is it that you don't know what full time means?

 

then by extension, since every economic metric has remained on the exact same trend line, trumps economy is also the weakest.

 

I call total and complete bs.

Lets take a look...

 

Of course it didn't happen suddenly....it took years to overcome the damage done by four years of a Dem Congress, and Obama's policies that gave us double digit unemployment. It took more than Trump as well...it took the American people to reject the calls for double digit unemployment to be the "new normal" - it took the American people to not accept that, and reject Dems at the ballot box at every level of Govt....in an unprecendent and historic way.

 

The old normal was before 2008. The new normal is after 2014. Seems like Trump's magic wand hasn't moved the curve much. So, how exactly was Obama wrong?

 

Thanks for proving my point...it didn't happen over night...it took a GOP Congress...and Trump. It's moving up since the Dems got removed from power...

 

The stock market has added 12000 points since Trump got elected.
GDP is up.

Now that USMCA has been ratified, things are looking up. Once we get phase1 of the US China trade agreement signed, things will improve even more.

Obama promised to make new trade deals and renegotiate NAFTA, but never did.

 

And the GOP was in power until the Dems took the house in early 2007. Why could their supposed business friendly policies not prevent the crash and the concomitant drop in the LFPR?

BTW: At the current Trump "boom" economy rate of growth, it would take probably 20+ years to get the LFPR back to where it was before GWB's great recession.

 

That graph shows baby boomers retiring.

 

There was no "Trump economic miracle." But he can sell it. He has lots of practice selling image over substance.

 

They did, hence the up tick in 2006, as your graph shows, before the crash once the Dems took office....

Yes, it's gonna take time to recover from the 2006 midterm disaster.

 

Actual facts and metrics are better than quotes.

 

Sure, but it is video of obama managing decline, not creating a booming economy.

 

Haha, this is getting better and better. You seriously think that economic policy has and IMMEDIATE effect on the economy and unemployment?

Second, tell me, which specific policies did the house Dems enact in early 2007 that led to the crash that started in mid 2007? Policies that GWB couldn't veto?

You sound like Bluesguy's brother.

 

And diminishing returns. Obama came in during the worst recession of my lifetime. There was nowhere to go but up. There had been an anemic 8 year recovery. By the time Trump came in, things really had improved. And yet, he's managed to make the economy even better.