Quote (Black XistenZ @ Dec 10 2019 02:19pm)

True, but sustaining a boom becomes increasingly difficult the more mature the ongoing economic cycle gets. Similarly, dropping the unemployment rate becomes more and more difficult the lower the baseline already is. Cutting unemployment from 10% down to 8% is a lot easier than cutting it down from 5% to 3%.

Trump's business friendly policies deserve some credit for boosting the economy and for creating consumer and investor confidence. I agree, however, that he deserves less credit for the strong economy than he and righ-wing media claim.

Quote (Saucisson6000 @ 10 Dec 2019 21:37)

You are talking about a 10% => 8% being much easier than a 5 => 3%

Obama presidency ended up with 4.7% while spiking at 10% in 2009.

I'm glad to point out your incoherences.


https://upload.wikimedia.org/wikipedia/commons/thumb/2/25/US_Employment_Statistics.svg/1920px-US_Employment_Statistics.svg.png

Quote (Thor123422 @ 10 Dec 2019 22:18)

Some numbers are good but at the cost of other, longer term numbers. The deficit being one of them. This hasnt really changed, and if anything was made worse at the benefit of the short term with the tax cuts.

Quote (Black XistenZ @ 10 Dec 2019 22:38)

that's not incoherent to my point at all.
you do realize that obama had 8 years to achieve this while Trump has only been in office for 3 years, dont you?



I wasnt a fan of the Trump tax cuts. Imho, it was indeed time for a tax reform, but the way it was done was horribly misguided. Far too much of the cuts going to corporations and the rich, far too little to the middle class.

Quote (Saucisson6000 @ Dec 10 2019 04:57pm)

Oh, so you deflect it on the actual duration ? Okay...

Obama => 5.3% in 8 years
Trump => 1.1% in 3 years

Let's see... this is 0.662% per year for obama and 0.366% per year for trump.

Maybe you want to have the last word ?

Quote (Ghot @ 10 Dec 2019 23:08)

Quote (Saucisson6000 @ 10 Dec 2019 22:57)

Oh, so you deflect it on the actual duration ? Okay...

Obama => 5.3% in 8 years
Trump => 1.1% in 3 years

Let's see... this is 0.662% per year for obama and 0.366% per year for trump.

Maybe you want to have the last word ?

Quote (Black XistenZ @ 10 Dec 2019 23:41)

As I said: reducing unemployment even further becomes more and more difficult the lower it already is to begin with. :rolleyes:

Quote (Black XistenZ @ Dec 10 2019 05:41pm)

As I said: reducing unemployment even further becomes more and more difficult the lower it already is to begin with. :rolleyes:

Quote (Ghot @ Dec 10 2019 03:08pm)

Obama started from horribly high unemployment. Trump started from fairly decent unemployment numbers. So Trump's gain is far superior. It's very much harder to lower unemployment numbers if they are already fairly low.
Obama started with number that seriously sucked. Ofc, he would have a larger effect.

Hell, if Trump lower unemployment 5.3%, the numbers would be in the negative. :lol:


I still remember the news saying (when Trump took over), that no one could get unemployment any lower than it already was....yet Trump did it.

Take your commie propaganda elsewhere.

Quote (Brian_D @ 10 Dec 2019 23:53)

"Trump" Didnt do anything and neither did Obama.