Unemployment hits 49 year low!

https://www.cnn.com/2018/10/05/economy/september-jobs-report/index.html

Not to mention despite tariffs manufacturing add's 18,000 jobs.

Wow Trump really is making America great again. I thought things were crashing libs?

Wrong board to try to pass this off as a Trump win.

Everyone here knows that it´s all Obama´s fault and Trump had nothing to do with this........ /sarcasm

Good job Bill Cosby

That's a good thing. I'll give republicans credit for some of it. Just ignore my info in the spoiler if you don't want a more complete picture.

Unemployment has been going down since 2010. When Obama started his term it was 8.8%. He ended it with 4.2%. Now it's down to 3.4%. So Trump took it down, what? 0.8%. Woopie.

I can only imagine how high it would be if we went directly from Bush to tRump.

You do understand I hope the dynamics in a society like America and at some point you reach a point where the way the number is calculated will reach a point where it no longer can go down, because the number reflects those people who are either too sick to work, not willing to work or any number of other reasons.

But thanks for proving my earlier point :)

Thanks Obama!

@Jacanuk: And yet for some reason Republicans insisted on counting those people for 8 straight years.

You mean like this?

You mean people on both sides insist on counting them.

But this a pointless debate, People do not deal in facts, they deal in partisan at least when it comes to this board.

The interesting thing is to see how this will show in the polls at the mid-terms. At least 4 key senatorial races are within a point so something like this may sway some independent voters.

Wasn't unemployment on a sharp downward trend all throughout Obama's 8 years in office? How is this Trump's doing?

Yes it was trending down since 2010..........

Word, like people who say polls don't count in several other threads, but then use polls themselves in other threads.

He knows, it's a troll.

One of the first signs the crash is coming, its at least four years away. Trump took Obama's economy and removed the governor, at some point it will come to dead man's curve. Sale on the way up, have something on the side to buy when its cheap again.

wtf are you on about. You just talked a lot of bull crap without countering my arguement. Typical Jacanuck.

This should mean the average wage should be increasing every so slightly soon...

@joebones5000: He implemented expansionary fiscal policy (via tax cuts and increased deficits) during an already expanding economy. We can debate whether or not this is an overall positive thing and the level of effect it had, but it's definitely a concrete action having some level of effect.

Wait... Taking Trumps earlier statements about the unemployment during Obamas time. Does this mean we are seeing an unemployment at 39-40%?

:P

@horgen: It would, but Democrats aren't gullible enough for something like that to be believed in masse by the group.

Yes but he also increased spending so that's going to cause problems.

If we play the game a little... Don't we just need to get the republicans voters to believe it?

@LJS9502_basic: But not yet. Increased deficits are expansionary, so we will feel that effect for a while.

Trump inherited an economy with unemployment around 4.5% (and his own fiscal year didn't start until late 2017), so I can't fathom how these historically low rates are the simple results of his tax policy. If anything, the small boost the tax cuts have given the economy will be having more serious long term implications than some immediate cash influx into an economy already steaming ahead.

It is a result of tax policy and scrapping job-killing regulations. Many of the imposed during the Obama administration.

The most you could possibly argue is that Trump has lowered the the unemployment rate by 1% due to a tax policy which will have a far more negative effect down the line. Funny how these 'job killing' regulations were present when the unemployment dropped over Obama's tenure. Seems counter intuitive assuming your statement is correct, doesn't it?

That's basically it. Or did you forget about the rising deficit again, JimB? Did you ever get back to me on finding that 100 trillion dollar debt purchase that China owns on the US, or did you figure out your own claim was bunk?

One has to give Trump credit for at least not ruining things. But I think this is a macrocycle rather than a direct result of how amazing Trump is. To get things in perspective my country that is governed by a coalition of the socialist party (center-left) the BE (left) and the Communist party has been showing fantastic economic results all across the board. This predates Trump and is the result of global conditions rather than how fantastic they are.

If the recent past is any indication, Republicans will believe what they're told from whom they want to believe.

At best pursuing such nonsense would (rightfully) cause the Democratic party to lose voters.

Yes but in regard to if his policies are good or not one has to consider the consequences of his policies.

@LJS9502_basic: I agree. I don't believe the tax cut plan to be holistically positive.

And we're still not feeling the full effects of these ridiculous tarriffs and trade wars. When that really starts to kick in it's going to drive inflation up, which is going to hurt workers looking to gain some long-needed wage increases. Oh, and the government is issuing a ton of new debt to pay for the tax cuts, so this is basically laying a time bomb for some other administration. Nothing Trump has done is the right move for the economy.

And typical Need counter BS.

Again do you understand that it´s a lot easier to get unemployment down when the people are willing and able to work, compared to when the number is low and the people are unable and not willing to work?

There will never be 100% employment dude. And I'm not including those unable to work.

Thanks for proving my point.

That isn't what you said.

The economy is judged by the GDP in addition to employment figures and number of people that have re-entered the employment market. Manufacturing jobs are returning to the United States. Trade policies are being renegotiated to make it more competitive for the United States. Allies are being told to pay their share for defense. South Korea, Japan, and Saudia Arabia have been asked to pay for a portion of their defense.

If the mainstream media would report all of the news instead of just negative news you would See just how good Trump has been for the United States. Confidence in the economy is way up. The stock market has reached never before levels. For the first time in history, the GDP is higher than the unemployment rate. Trump did that, nothing Obama did caused that to happen.

Yes, that is exactly what I said.

Nope. You were whining about people unwilling to work.

Not really, But it´s not a surprise you missed the point.

The point was pretty much at a certain point, the number won´t decrease anymore because it´s impossible to get 100% employment.

And as of yet trump's policies haven't had time to effect unemployment. When they do.......it will be the reverse.

Not the first time you have said that, so how long do we wait for the world to burn as you said would happen with Trump?

He just finally implemented policy dude. Did you think things changed as soon as he was elected.

No, i am just asking you how long we have to wait.

2020 is just around the corner, so is it after 2020 or before?

Come on JimmBoy, we've been down this road before. You ignore every post that's made in response to your ridiculous claims. It's quite obvious you don't understand simple concepts like deficit and debt since you mistakenly use them interchangeably. Stop going off on irrelevant tangents and back up your claims.

Again, where is this 100 trillion dollar debt that China owns on the US? You ignored me last time.

You talk about the debt. The debt went from 10 trillion to 20 trillion under Obama. Now the left is suddenly concerned about the debt. As for the debt to China, it is still there and if China dumped the debt the US economy would be destroyed. If the world switched from petro dollars to another currency where we could not print money our economy would crash. It is you who doesn't understand the debt. The tangents you refer to are the truth you don't like to hear.

You claimed debt as at 211 trillion. Now you're saying 20 trillion? Interesting, so you were wrong then?

He was only off by a factor of 10x.

His math is the least of his problems. A little honesty is all I ask for sometimes.