Trump breaks with decades of protocol with tweet before release of jobs report

Lol, sycophants touting basic economic success as "amazing" and a world-stage, legitimizing sit-down with a dictator who has shown no concessions what-so-ever to this Administration. Jeez

 

Obama did 40%, too. You guys crucified him as a feckless leader.

 

Median income has gone up how much in the last year? Compared to other end of recovery cycles?

Wages typically go up fastest just before the economy weakens, but wages have gone up slowly generally despite low unemployment which is concerning.

 

The economy and economic indicators haven't been this good since the internet/y2k bubble years.... except of course now this isn't a bubble. The country is celebrating prosperity and economic success under president Trump, the libs are in despair and disarray. Duh

 

Define "the economy". Because the only thing that's at 2000-levels is unemployment and confidence intervals. Everything else is pretty 'meh'.

 

What Obama did in 8 years, Trump did in 1 year. The market collapsed on the news of Obama's election, it had nowhere to go but up from there. Tge market skyrocketed on Trump's election and never looked back.

Stop whining about Obama, he WAS a feckless spineless incompetent snob. Celebrate America and its success for once in your life lol

 

The stock market increased by over 30% the first YEAR of Obama's two terms, Chuckles, which is better than Trump's first year.

I'm pointing out your hypocrisy in touting numbers that are essentially on par (i.e. worse) with Obama's as "amazing" while you whine about Obama being terrible for the economy.

 

There is some truth there, Obama set up the economy that Trump would inherit.

By Wall Street and Main Street knowing that Obama was on his way out and everyone was more optimistic as it got closer to January 20th, 2017.

Actually there was a huge surge on Wall Street and even on Main Street on the morning of November 9th 2016.

 

See post #18 for the Cliff notes...

 

o Economy that was tanking at a -9% rate and shedding 700,000+ jobs a month turned around
o A record 83 straight months of private sector employment growth.
o Initial unemployment claims below 300,000 for a 101 straight weeks, the longest streak since 1970
o 150% increase in the stock markets since taking office
o More than halved the deficit in 4 years.
o Percentage of adults without health insurance drops from 18% to 11%
o Initial unemployment claims drop to lowest level since 1973
o Saved 2-3 million jobs with stimulus package
o First decrease in spending in a year in decades - 3 times.
o Stock markets up 200% since bottom of the recession in 2009
o 16 million additional private sector jobs created since Jan 2010
o Oil production increasing for the first time in decades.
o Initial unemployment claims drop to 43 year low.
o Deficit reduced by a then record $212 billion, down 16%, in 2012.
o Deficit reduced by a new record $408 billion, down 37%, in 2013
o Expanded overtime regulations for working Americans
o Record corporate profits
o Passed health care reform that is providing coverage to tens of millions of Americans
o 7 straight years of GDP growth
o Unemployment rate dropped from 10% to 4.8%
o U.S. becomes world's top petroleum and energy producer
o Passed financial regulation reform to prevent another housing bubble fiasco.
o Recovered all jobs lost in the worst recession in 80 years
o Lowest rate of spending increases of any president in modern history
o 2015 median income increase strongest on record.
o Average initial jobless claims drops to levels last seen when Nixon was president.
o Net creation of millions of people employed despite inheriting a economy losing 700,000+ jobs a month
o Student loan reform passed making college loans available at reasonable rates.
o Gas prices drop to $2.00/gallon
o Initial unemployment claims drop to 43 year low.

Obama has no reason to be ashamed of his numbers, particularly in light of the worst recession in 80 years he inherited and an obstructionist Congress.

 

The stock market dropped like a rock, close to 30% on Obama's election news.

 

Simply nailed it!

 

KAAAAAAAAA BOOM!!!

 

And where is that surge today, approximately the Market has only rose four thousand points or so since he took office, incomparable to the near twelve thousand point increase it climbed during the Obama years and he started with a historical recession

 

WTF are you talking about?

First off, you're moving goalposts. We were talking about the stock market increase since Trump was elected, and I compared his numbers to Obama's numbers during the same time period. Secondly, I have no idea what you're talking about when you move the goal posts and claim that stocks dropped 30% on Obama's election news. Wait a minute, are you trying to loserishly claim that the drop in stocks due to the RECESSION was caused by Obama?

HAHAHAHAHAHAHAHAHA

dude, at least be a BIT intellectually honest.

 

"non issues' like maybe skirting the law or at least acting unpresidential, oh, I forgot, integrity, honestly and character only are applicable for conservatives depending on who occupies the White House, my bad

 

Another conservative revision of History, must be Glenn skipped that part, the market didn't drop because of Obama's election, rather because the US was at the offset of a historical recession, did you think Market crashes are singular events

 

For over 40 years I have been saying, "Wall Street is not Main Street."

I judge the economy by how thick my wallet is, how thick other people wallets are and what's happening on Main Street not so much what's happening on Wall Street.

 

Nope, how could us stupid *******s not see the truth? Clearly the recession was caused by a black man become president.

 

K... well if that's your indicator, you may want to look at our horrendous wage growth, which was supposed to be catapulted by the tax bill, and question what's going on.

 

Cons almost always blame Obama for the Great Recession he inherited. While its base partisanship to do it, it's about all they have.

 

I'd ask which index, but all three have been growing by the about the same rate since 2009. So you are making the same mistake you did with unemployment and wage growth. No, there is nothing amazing about it. It is part of the pre-existing trend. Just another case of Trump supporters failing basic graph literacy.

 

How many Presidential elections have you been around to watch ? I go back to Eisenhower.

Historically Wall Street will take a dive on Wednesday the day after a new President is elected because of uncertainty.

With Obama Wall Street took a big hit but not for one day or a few days or a few weeks but for months because nobody was optimistic with a anti business Alinskyite becoming President.

The economy started to pick up as Obama came closer to leaving the White House.

On the night of November 8th, 2016 when Trump won I was wonder how much of a loss would there be the next day on Nov. 9th on Wall Street ?

Wall Street took no hit and actually skyrocketed because Wall Street was extremely optimistic that Donald Trump was the President elect of the United States of America.

 

Last month only .1%, better than under Obama.

 

We Libs were celebrating prosperity and economic success years before donald.

Let's pray he doesn't **** it up.