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Reply to "What did Donald J. Trump Do to Deserve a Second Term?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Since you asked.... Economic Growth 4.2 percent growth in the second quarter of 2018. For the first time in more than a decade, growth is projected to exceed 3 percent over the calendar year. Jobs 4 million new jobs have been created since the election, and more than 3.5 million since Trump took office. More Americans are employed now than ever before in our history. Jobless claims at lowest level in nearly five decades. The economy has achieved the longest positive job-growth streak on record. Job openings are at an all-time high and outnumber job seekers for the first time on record. Unemployment claims at 50 year low African-American, Hispanic, and Asian-American unemployment rates have all recently reached record lows. African-American unemployment hit a record low of 5.9 percent in May 2018. Hispanic unemployment at 4.5 percent. Asian-American unemployment at record low of 2 percent. Women’s unemployment recently at lowest rate in nearly 65 years. Female unemployment dropped to 3.6 percent in May 2018, the lowest since October 1953. Youth unemployment recently reached its lowest level in more than 50 years. July 2018’s youth unemployment rate of 9.2 percent was the lowest since July 1966. Veterans’ unemployment recently hit its lowest level in nearly two decades. July 2018’s veterans’ unemployment rate of 3.0 percent matched the lowest rate since May 2001. Unemployment rate for Americans without a high school diploma recently reached a record low. Rate for disabled Americans recently hit a record low. Blue-collar jobs recently grew at the fastest rate in more than three decades. Poll found that 85 percent of blue-collar workers believe their lives are headed “in the right direction.” 68 percent reported receiving a pay increase in the past year. Last year, job satisfaction among American workers hit its highest level since 2005. Nearly two-thirds of Americans rate now as a good time to find a quality job. Optimism about the availability of good jobs has grown by 25 percent. Added more than 400,000 manufacturing jobs since the election. Manufacturing employment is growing at its fastest pace in more than two decades. 100,000 new jobs supporting the production & transport of oil & natural gas. American Income Median household income rose to $61,372 in 2017, a post-recession high. Wages up in August by their fastest rate since June 2009. Paychecks rose by 3.3 percent between 2016 and 2017, the most in a decade. Council of Economic Advisers found that real wage compensation has grown by 1.4 percent over the past year. Some 3.9 million Americans off food stamps since the election. Median income for Hispanic-Americans rose by 3.7 percent and surpassed $50,000 for the first time ever in history. Home-ownership among Hispanics is at the highest rate in nearly a decade. Poverty rates for African-Americans and Hispanic-Americans have reached their lowest levels ever recorded. Continued.......[/quote] The fact that you start off giving a president — of any party — credit for the economy just shows that you’re an idiot. One of the great enduring stupidities of the American presidential cult is the belief, rooted in invincible ignorance, that the state of the U.S. economy at any given moment is a reflection of the intelligence and wisdom of the chief executive of the federal government and a result of the excellence or insufficiency of his administration. “Sure, Bill Clinton may have been an intern-diddling hillbilly and maybe even a violent rapist, but, man, my IRA kicked ass in the 1990s!”[/quote]. https://www.nationalreview.com/2017/11/presidents-do-not-control-economies-or-gdp/[/quote]
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