ThatOwlWoman (01-24-2021)
That’s not true. From 1976 to the present In terms of GDP growth Clinton had the highest growth in GDP and Reagan had the second growth in GDP. Obama had the second lowest growth in GDP and Trump had the lowest. Being fair to both Obama and Trump, Obama inherited an economy already in contraction from W and showed a continuous upward trajectory which continued under Trump until COVID and the economy probably would have contracted during COVID regardless of who was President though Trumps mismanagement of the pandemic certainly didn’t help.
As far as jobs growth Trumps actual job growth numbers were average though his unemployment numbers were the lowest. In terms of percent of jobs added Reagan was #1 and Clinton #2. In terms of total jobs added Clinton was #1 and Reagan #2. What may surprise a lot of people was Carter was #3.
Obama was also near the bottom of the list as he lost 12 million jobs due to the 2008 financial crises that he inherited but gained those back during the remainder of his term. So if you count job growth under Obama from 2009 onwards his job growth was 8.9% which is pretty good though not nearly as good as Clinton, Reagan and Carter. Obama’s job growth too mostly occurred in the tech sector which increased income inequality and high levels of unemployment and underemployment continued through out his term so Obama’s economic record isn’t really a strong one. To be fair though the Feds austerity measures pretty much crippled Obama’s efforts. The issue of inequality has also not been resolved in where economic growth has occurred and does under score Trumps popularity with working class voters for whom the current economic realities have been and still are pretty harsh.
Trump has the worst job growth rate. Over his first 3 years he added 6.6 million jobs then lost 12 million due to COVID then recovered most of those back. So his real job growth numbers are comparable to Obama’s but, as with Obama most of that job growth has occurred in the technology and financial sectors. With the result that the growth of inequality resulting from the Great Recession has continued with Trumps unemployment gains wiped out and the underemployment issue hasn’t really changed since Obama.
Now if you were to go back to 1929 to the present the data does clearly show that Democrats have been better stewards of our economy.
You're Never Alone With A Schizophrenic!
ThatOwlWoman (01-24-2021)
Trump did not fail in the main mission, which was waking people up to the fact that America is being taken from us, wrecked from the inside by Americans who generally hate America, and us.
This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.
^ This right here is why I respect your opinions over almost everyone else here. It's not that I am biased because your last paragraph agrees with my political leanings. It's because you took the time to find the stats and were honest about Obama's tenure, as well as the others. Statistics confirm what you said, as well.
Your background is in science, isn't it?
"Conservatism is the blind and fear-filled worship of dead radicals." -- Mark Twain
PoliTalker (01-25-2021)
PoliTalker (01-25-2021), ThatOwlWoman (01-24-2021)
Last edited by Hermes Thoth; 01-24-2021 at 07:23 PM.
no worries (01-25-2021)
In America, that would be 11. We use periods(full stops) to divide whole numbers from fractions of wholes. I think you might want to use a comma?
Funding for oil projects fell through months ago, so I doubt Biden did much. Most of the "union jobs" were not union jobs, and because it was using prefab units from China, were Chinese jobs.
no worries (01-25-2021)
Mott the Hoople (01-25-2021), PoliTalker (01-25-2021)
Biden is half a week in, so why are you talking about his first week as if it is done?
Who has a stellar first week? In this world, you put in years of work, and achieve something. People do not achieve anything of any importance in a day or two.
Republicans have been childishly trying to slow things down. They blocked the transition team, and now they are blocking confirmations. It is doing nothing to change the final results, but is endangering the nation.
PoliTalker (01-25-2021)
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