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The Trump Economy


GG

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How is it that no one is talking about this?????

 

We lost 140,000 jobs in Trump's final full month as President.  Our Unemployment rate is incredibly misleading and still really bad at 6.7% because it doesn't account for MILLIONS of workers (especially women) who simply dropped out of the workforce because they either gave up looking or had to take care of their families.

 

Trump is going to leave office losing more jobs than he gained.  When was the last time that happened?

 

And even before Covid, the manufacturing industry was going into a recession late in 2019 into 2020.

 

Donald Trump might be the worst President in American history....  too bad so many of the people who were in this thread talking about how great he is are no longer here to defend an economy in shambles largely because of him.

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Now the real details of the real plan come out....

 

Under a deal, Foxconn will reduce its planned investment to $672 million from $10 billion, and slash the number of new jobs to 1,454 from 13,000

 

Trump, of course, applied his raw business and marketing prowess and boom - $10BILLION DOLLAR INVESTMENT.

 

Fake News.

 

 

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Bump.  
 

Since some think these jobs Biden is “creating” is some sort of boom - it isn’t - we’ve reached pre pandemic unemployment recovering most of the job loss.  This was inevitable.  But they want you to cheer this.  Like they did the Trump economy - oh wait.  Everything was terrible for some reason….

 

 

For leftists cheerleading the self inflicted Covid crash because they knew the economy was humming and Trump on his was to re election - start on page 300.  


If those responses (no doubt thought by millions of them) don’t prove to you what they wanted Covid to do and just how evil that is I don’t know what to tell you.

 

For leftists downplaying that said humming economy start on page 100.    
 

We had zero underlying issues as cause for concern in March of 2020.  

 

The economy today thanks to the Covid coup has dozens of underlying catastrophic problems:

 

Debt

Inflation

Rising interest rates

Credit Card debt 

Student loan debt 

 

 


Also the data today is not good - it’s July.  We should be booming - and the jobs chart in here should be alarming:


 

Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles

 

 

Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market.

 

Nonfarm payrolls increased 209,000 in June and the unemployment rate was 3.6%, the Labor Department reported Friday. That compared with the Dow Jones consensus estimates for growth of 240,000 and a jobless level of 3.6%.

 

https://www.cnbc.com/2023/07/07/jobs-report-june-2023-.html

 

Also…..The unemployment rate was 3.6%, down 0.1 percentage point.

 

However, a more encompassing jobless level rose to 6.9%.

 

Government hiring led the job gains, followed by health care, social assistance and construction.

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