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I'm hesitant to give Obama credit, but I think Trump claiming that the unemployment rate was 30, 40, 50% during the election and immediately taking credit for t
by okreallywtf 8y ago
I'm hesitant to give Obama credit, but I think Trump claiming that the unemployment rate was 30, 40, 50% during the election and immediately taking credit for the unemployment numbers in january 2017 was so disingenuous that it truly boggles the mind. Anyone that gives Trump credit for the current trajectory of unemployment numbers is beyond the pale.
Giving Obama credit to me is at the very least questionable - things were at rock bottom, they could almost only go up (and I supported Obama). There are so few absolutes to hold on to in terms of economic indicators for the layperson, but its hard to see how the Obama years were an economic catastrophe, and unfortunately we'll never know what the effect of a larger stimulus might have been (or no stimulus for that matter).
- peter303 8y agoTrump called the labor non participition rate, about 38%, the true unemployment rate. That would include his wife and three of his five children ...
- TangoTrotFox 8y agoThis is inaccurate. People who are neither employed nor unemployed are not considered part of the labor force. For instance this would include retired persons, students, people taking care of children or other family members, and those who have no desire at all to work. Here [1] is a brief on the reasons people are not counted. [1] - https://www.bls.gov/opub/btn/volume-4/people-who-are-not-in-the-labor-force-why-arent-they-working.htm https://www.bls.gov/opub/btn/volume-4/people-who-are-not-in-...
- okreallywtf 8y agoSource? People tend to put much more thoughtful words in his mouth after the fact trying to make what he says seem more reasonable, but if you have a source I'd gladly review it. In the meantime, politifact has a good breakdown of what he says about the issue and where the numbers come from (spoiler, they make some wild assumptions) [1]. [1] http://www.politifact.com/truth-o-meter/statements/2015/sep/30/donald-trump/donald-trump-says-unemployment-rate-may-be-42-perc/ http://www.politifact.com/truth-o-meter/statements/2015/sep/...
- okreallywtf 8y agoAm I being downvoted for being too partisan or not partisan enough?
- maxxxxx 8y agoProbably both. A balanced view is not acceptable.
- tunap 8y agoYou said it. Politicians, scientists & marketeers know it. Us vs. Them has long served those who would divide, conquer & pillage... https://www.scientificamerican.com/article/the-political-brain/ https://www.scientificamerican.com/article/the-political-bra...