The final tally is in: 11.3 million new jobs were created under President Obama. The economy has added jobs for 75 straight months. Unemployment in the United States has fallen under every Democratic president but Jimmy Carter. It rose under every Republican president but Ronald Reagan. With Trump's promises to resurrect coal mining, steel production, and large-scale manufacturing, will he break the cycle? It won't be easy.
I have three jobs with no benefits, as opposed to the one job I had with benefits five years ago. Thanks, Obama.
Let me see that would be an average of 117k plus a month and most of those jobs come with the phrase "do you want fries with that?" Middle class wages have fallen by ten percent while health care cost for the middle class have nearly doubled when increases in co pays and deductibles are figured in. And the worker participation rate is the lowest since WWII.
I've never understood where the concept that it's the government's role to create jobs came from. It's the government's job to keep its hands off and by doing so promote a good atmosphere for growth. With Trump at the helm this is going to be one hell of a recovery!
We've had a hell of a recovery for the last 6 years. Much of Trump's promised recovery is based on BS. Coal jobs aren't coming back because the demand for coal is gone. Steel jobs aren't coming back because everyone - including Trump - buys their steel from China. But maybe Trump will start manufacturing his clothing line in the US instead of Mexico and China. That will help.
We need better-paying blue-collar jobs (as well as training programs for increasingly technological positions,) which is why Trump's promise to resurrect coal mining, steel production, and large-scale manufacturing will make it 1960 again for that demographic. Health care cost increases have slowed since the passage of the ACA, but are still rising. TrumpCare will be "beautiful" and cover "everybody" he assures us. I don't know if cost will be reduced or how he plans to pay for it. Maybe, Mexico will reimburse us if the US taxpayer coughs up the big bucks now. Maybe Trump's high-paying blue-collar jobs in coal mining, steel production, and large-scale manufacturing will draw more folks back into the workforce.
Okay first let's understand something presidents do not create Jobs at least not private sector ones. The only thing a president can do that might stimulate private sector job growth is to pursue policies that favor wealth creation over wealth preservation. Trump has promoted policies that would accomplish this goal if he can get them put in place.
During Obamas time in office, the unemployment rate declined from 7.8% to 4.7%t. That is, undoubtedly, one major factor in his high approval level in multiple polls. Trump assumes office with record-low numbers, but if he can fulfill his sales pitch to resurrect coal mining, steel production, and large scale manufacturing while providing "beautiful" health coverage for "everybody" they won't continue to stink.
The job participation rate dropped to it's lowast since the 70s. We still have not made up those ~9 million jobs.
Trump is already walking back his "healthcare for everyone" comments. Unemployment doubled under Bush and then fell by over 3% under Obama. I'd like to see how Trump thinks he can continue that trend. No, coal jobs are not coming back. Neither are 8-track tape factories.
We're at full employment by most economic criteria. Maybe Trump's promised resurrection of high-paying jobs in coal mining, steel production, and large-scale manufacturing will entice more Americans to join the workforce. That would be nice.
I don't even want "jobs" per se. I want a robust economy and freedom to make my way within it with as little in the way of taxes and regulation as is possible and reasonable.
Trump will either prove to be a gasbag blowhard or he will fulfill his myriad promises. Any American who loses his family's health coverage despite Trump's assurance that "everybody" will be covered will not be a happy Trumpaloon uncritically worshipping the cult's messiah, but he deserves the chance to fulfill his sales pitch or reveal himself as a consummate fraud. It will no longer be about foreign-born, madrasa-indoctrinated with doctors or demonic women who cavort with email servers in the pale moon light. It's now Trump. Centre stage, in the spotlight: Just the ever-twittering Trump.
