{"id":531,"date":"2018-11-07T19:55:16","date_gmt":"2018-11-08T03:55:16","guid":{"rendered":"http:\/\/allsolutionsnetwork.org\/blog\/?p=531"},"modified":"2020-05-27T23:38:47","modified_gmt":"2020-05-28T06:38:47","slug":"obamas-economy-unemployment-drops-isnt-this-great-news","status":"publish","type":"post","link":"https:\/\/allsolutionsnetwork.org\/blog\/obamas-economy-unemployment-drops-isnt-this-great-news\/","title":{"rendered":"HOW Obama AND POLITICIANS SPUN FACTS"},"content":{"rendered":"

The below article was originally written in 2012.
\nI’m updating it now in November of 2018<\/em><\/strong> because with the advent of Trump’s economic success, combined with Obama telling the world that this economic boom is the result of his policies<\/em>, I feel it’s important to understand not so much “who gets credit<\/em>“, but rather what the numbers really mean.<\/em><\/strong><\/span>  Without, at least, a rudimentary understanding of what really happened, we have no way to understand what policies actually promote our interests…. i.e. what creates jobs and what doesn’t.  Many won’t like the implications of what follows… but facts are always facts.<\/span><\/p>\n

WHAT A RECOVERY REALLY LOOKS LIKE- It’s more than unemployment numbers.<\/span>
\nOn the economic front alone here are just some of the numbers <\/span><\/span>from Trump term.
\nWas it really Trump? or is Obama right in saying his policies were responsible for all of this?<\/span><\/span><\/span>
\n<\/span><\/p>\n

*  250,000 new jobs in October of 2018, in spite of the Hurricane.  Jobs continue to grow while unemployment continues to fall.<\/span>
\n*  *Realize, 70k of those new jobs* are in mining, construction, manufacturing\u2026 The very same jobs OBAMA said were never<\/em> coming back!<\/span>  Obama “Jobs not coming back”<\/a> <\/span><\/span>
\n*  3.1% actual wage growth. The best number in a DECADE!<\/span>
\n*  Highest job participation rate in history\u2026 Most jobs in HISTORY, and that\u2019s good for everyone because it means more taxpayers, more government revenue, less government payouts and soon lower deficits. <\/span>
\n* Remember, Obama said 2% GDP is the new normal and he never<\/em> <\/strong>even brought the economy to 3%..<\/span> The first such failure of any president in history!  How can Obama try to take credit for all of this when he actually said none of it would never happen again??<\/em><\/strong><\/span><\/span><\/p>\n

On the other hand… Trump has given us\u2026<\/span><\/strong>
\n*   The last two GDP reports were 4.2 and 3.5 after the OBAMA administration said 2% was the new normal… 2% The New Normal<\/a><\/span><\/span>
\n*   Lowest Black unemployment rate in history<\/span>
\n*   Lowest Hispanic unemployment rate in history.<\/span>
\nAnd this was accomplished in less than two years of taking office…<\/span><\/em><\/span><\/p>\n