Quote (theCrossbones @ 22 May 2020 16:03)
so FORBES is biased? Its source is:
U.S. private sector employment GRAPH COURTESY OF JOEL D. SHORE, BASED ON EMPLOYMENT DATA FROM THE U.S. BUREAU OF LABOR STATISTICS
same source as yours
Dude, look at the god-awful chart you linked:
Are you seriously expecting me to take whateverthehellthisis seriously?
Furthermore, the argument in the underlying forbes article that you were too lazy to link (
https://www.forbes.com/sites/chuckjones/2019/07/05/trump-is-falling-almost-1-million-jobs-short-vs-obama/ ) misses several key points:
- it was comparing all of the Trump presidency up until the time of its publication with the best months (economy-wise) of the Obama presidency
- adding jobs is easier coming out of a recession than during an already very mature point in the economic cycle (which is where Trump took over)
- the whole world economy was slowing down (slightly) in 2019
To add insult to injury, the shitty graph is showing private sector job growth while the article talks about a mix of total and private job growth. It's an incoherent mess and more of an opinion piece than a credible analysis. I'm honestly surprised that such a low quality piece was published in a reputable magazine like Forbes.
This post was edited by Black XistenZ on May 22 2020 08:26am