Interesting . . . Google is trying to claim Obozo created more jobs . . .
By comparing the last two years of obozo versus the first two years of Trump.
Another blurb said Obozo created more jobs than Trump - then qualified
that with 'they were public works jobs'. Public works jobs are not
'real jobs'. Real Jobs spin off increases in value and taxable revenues.
Public works jobs are government expenditures with no profits.
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Trump vs Obama, the first 2 years: It’s not even close after new jobs numbers were just announced
http://www.bizpacreview.com/2019/01/05/trump-vs-obama-the-first-2-years-its-not-even-close-after-new-jobs-numbers-were-just-announced-710542
January 5, 2019
The proof is in the numbers.
The December jobs report released by the U.S. Bureau of Labor Statistics gave President Donald Trump a great boost Friday, boasting a healthy employment rise of 312,000 jobs in December.
The report also noted the addition of nearly 5 million jobs since Trump was elected in 2016 and an unemployment rate of less than 4 percent. The news, along with a hold on rate hikes by the Fed gave a much-needed jolt to the stock market with the Dow posting a 747-point gain despite fears about the government shutdown, according to Forbes.
The numbers defy warnings from critics and Trump-bashers who warned that the president’s strong policy reforms and tax cuts would hurt the economy. The official unemployment rate declined to 3.9 percent by December, a significantly lower number than the rate in January 2015 of 5.7 percent under former President Obama.
From a numbers perspective, 8.9 million people were out of work in January 2015 compared to 6.3 million people in December 2018.
Another remarkable change under Trump was the increase in manufacturing jobs, growing 714 percent faster under Trump than over a comparable period under Obama. The report indicated that 32,000 jobs were added just in December.
“In 2018, manufacturing employment increased by 284,000 with some three-quarters of the gain over the year being in durable goods manufacturing, an indication that President’s Trump’s policies are likely causing a shift of manufacturing back to American soil,” Forbes contributor Chuck DeVore reported.
And this, despite dire pronouncements by Obama in June 2016 that manufacturing jobs “are just not going to come back.”
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(Article does continue. Zim.)
Two Notes.
Some public works are needed. Like bridges in the right places
and the right times. And Obozo began his reign with the aftermath of
the 2008 subprime meltdown.
But, I'd love to know what, if anything, Obozo did that could be
said to have actually helped the American economy.
I just can't see anything.
Zim.
Mad Poet Strikes Again.
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