Trump should NOT get credit for black unemployment rate

Discussion in 'Political Opinions & Beliefs' started by Ronstar, Aug 14, 2018.

  1. Ronstar

    Ronstar Well-Known Member Past Donor

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    The unemployment rate for black people in the USA is at a historic low.

    Below 6%.

    Trump and the Trump Team argue that Trump is responsible for this and should credit for this.

    Well, that's garbage.

    Here are the facts about black unemployment.

    [​IMG]

    [​IMG]


    Black unemployment jumped to more than 17% during the Great Recession, which of course was not Obama's fault. Democrats and Republicans all share the blame for that.

    But the statistics show that starting in late 2011, black unemployment rate started going down.

    Consistently down during the rest of the Obama Administration. No significant changes in that trend.

    Black unemployment during Obama went from 17% down to less than 7%.

    Under Trump? Black unemployment went from 7% to 6%.

    So who gets the credit? Under who did most of the positive change take place?

    President Obama.
     
  2. therooster

    therooster Banned

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    Lol.... # 4 Ronnie ... your getting there...
     
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  3. ararmer1919

    ararmer1919 Banned

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  4. Ronstar

    Ronstar Well-Known Member Past Donor

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  5. BarleyPopGuy

    BarleyPopGuy Banned

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    Blame Bush.
     
  6. APACHERAT

    APACHERAT Well-Known Member Past Donor

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    Obvious after Obama got reelected in 2012 Obama really didn't a **** about blacks or even Crimea.
     
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  7. FreshAir

    FreshAir Well-Known Member Past Donor

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    if Dirty Donald wants to take credit for the black unemployment trend, then he has to take credit for the record high debt trend

    what Trump gets credit for is not reversing Obama's unemployment trend and keeping it going.... at least for now
     
    Last edited: Aug 14, 2018
  8. Ronstar

    Ronstar Well-Known Member Past Donor

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    he simply wants to take credit for anything good that happens on his watch, whether or not he had anything to do with it.
     
    ImNotOliver likes this.
  9. BarleyPopGuy

    BarleyPopGuy Banned

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    I mean debt was just OK with you during oblowhards term so OK! Deal!
     
  10. FreshAir

    FreshAir Well-Known Member Past Donor

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    the right created the tea party under Obama, where did they go

    the debt is higher under Dirty Donald then any other President in history, the point is, if he want to take credit for the unemployment trend, then he has to take credit for the debt trend
     
  11. Spooky

    Spooky Well-Known Member Past Donor

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    That's fair, I've no problem with that.

    If you want to give Obama credit for saving us from a recession then he also gets the negative too.

    You can't pick and choose here.
     
  12. Spooky

    Spooky Well-Known Member Past Donor

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    Actually we started under Bush, not Obama.

    His massive spending on the war is what made us rise up.
     
  13. FreshAir

    FreshAir Well-Known Member Past Donor

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    yes, Obama reversed the trend he inherited, and passed off a better economy then he received, I hope Trump does the same, two more years, we will see what happens
     
    Last edited: Aug 14, 2018
  14. Spooky

    Spooky Well-Known Member Past Donor

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    Trump seems to be doing fine.

    Just looking at it without partisan blinders I think even you would have to agree.

    Sure, Obama kept us from collapse I guess and apparently so is Trump.

    Neither of them are the devil as people make them out to be.

    Its ok to say Trump is doing fine. God will not strike you with lightning.
     
  15. BarleyPopGuy

    BarleyPopGuy Banned

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    TRUE! But his fellow lefty's will! Decision time..
     
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  16. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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  17. FreshAir

    FreshAir Well-Known Member Past Donor

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    I agree, it was the two 10+ year wars that contributed most to the debt

    but not just that, I think these also played a roll

    also I think the standard American diet is making America less healthy then in the past and raising health care costs, this change started in the late 70's and is now catching up with us - and this is economic too, HFCS is a major export, so we hurt the economy by pushing back on it

    I think the y2k scare played into it, everyone bought new servers and pc's in 1998 and 1999 due to fear of not being ready for y2k, thus that meant very few server\pc sales for the next 5 years in corps, that threw off the economy

    the changes to rules on buying new homes and hiding the bad loans from investors hurt the economy too (when economy took a hit, this exacerbated it)

    gas prices rose under Bush, not his fault, but hurt the economy

    nothing is ever simple

    the Trump tax cuts will be interesting to watch, that could go either way, depends if corps trickle down, if they do not trickle down, debt goes up, peoples lives do not improve and tax revs do not go up
     
    Last edited: Aug 14, 2018
  18. BarleyPopGuy

    BarleyPopGuy Banned

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    Geezus! You are all over the place. While you make good points I have to ask you, did you know that the only reason that a recession or inflation can occur is government intervention?
     
  19. Spooky

    Spooky Well-Known Member Past Donor

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    I am a tea party person, actually just a fiscal conservative and although I was too young during Bush to make a statement, I do not like what he did.

    I don't like what Obama did and I don't like what Trump did.
     
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  20. FreshAir

    FreshAir Well-Known Member Past Donor

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    disagree, corporate greed and consumer greed play a key part of it too - they can play a roll, but there is many variables

    corporations outsourcing our jobs plays a role

    consumers buying cheap foreign goods plays a role

    the two items above can cause consumers to have less jobs, less jobs means less people can pay their bills, means more foreclosures, and round it goes
     
    Last edited: Aug 14, 2018
  21. BarleyPopGuy

    BarleyPopGuy Banned

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    Please explain this. The way I see it, the market will correct any disruptions. The government gets involved and all hell breaks loose.
     
  22. Idahojunebug77

    Idahojunebug77 Well-Known Member

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    Oh so true, remember what the Democrats did to the Naderites back in the day. I was never a fan of Ralph Nader or his supporters but that was brutality in no uncertain terms.
     
  23. kriman

    kriman Well-Known Member Past Donor

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    You can argue all day long about the unemployment rate. However, a much more important number, labor participation rate, remains at a low rate not seen since the late 1970s. We have far too many people who, for whatever reason, do not want to work.
     
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  24. BarleyPopGuy

    BarleyPopGuy Banned

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    There is always one who wants to poo poo the good news.Congrats!
     
  25. kriman

    kriman Well-Known Member Past Donor

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    I don't consider having that many people unemployed and not wanting employment to be good news.
     

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