U.S. added 235,000 jobs in February; unemployment rate dropped to 4.7 percent

Discussion in 'Economics' started by Michael J. Fletcher, Mar 10, 2017.

  1. gkishot

    gkishot

    Obama? What did he do for businesses & investors? I don't remember him even using the words 'jobs creation'.
     
  2. Nine_Ender

    Nine_Ender

    Employment numbers and stock markets did very well under Obama. 11.3 million jobs added according to one source. If you want to argue quality of jobs, well, Trump won't change that for at least 3 years if ever. That's the thing about Trump, he's promised the world and trumpets every "gain" like a true salesman, even if it's not an improvement on anything.
     
    Last edited: Mar 11, 2017
  3. gkishot

    gkishot

    What was Obama's contribution? The economic growth was anemic. And then dems complained about rising gap btw the rich and the poor. As for the stock market relative to gold it's was going nowhere.
     
  4. newwurldmn

    newwurldmn

    Yes. No jobs created under obama. Those stats were all fake until 30 days ago.
     
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  5. Nine_Ender

    Nine_Ender

    His contribution was your countries economic system didn't implode under the weight of that crash and everything behind it. Not a small feat in my opinion. I'm no cheerleader for Obama though, he didn't get a lot done beyond that ( I do think his diplomacy skills helped your image ). Economies are complicated, but I'm not sure if anything more then "anemic" was possible, your bankers and George W's neocons really did a number on your country.

    We'll see how Trump does. He's promised the world ( 5% GDP etc etc ).
     
    comagnum likes this.
  6. gkishot

    gkishot

    OMG, like he had any options at the time but to pump money into it. What did he do for the next 8 years?
     
  7. gkishot

    gkishot

    This was not because of him. Maybe even despite of him.
     
  8. Nine_Ender

    Nine_Ender

    Who do you think got that done then ? The worst you can say is Obama oversaw the process and didn't interfere. Some of the best leaders are people who delegate and foster cooperation. So now you have a brash aggressive leader who makes it up as he goes along. Should be interesting. Be careful what you wish for on international trade; my opinion, a lot of what he's pushing for would have serious negative impact on middle class America.
     
    #10     Mar 11, 2017
    comagnum likes this.