Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

LetMyPeopleVote

(146,012 posts)
Sat Nov 27, 2021, 06:43 PM Nov 2021

Report Shows Trump As Worst Jobs President Since Hoover, As Biden Soars




https://bipartisanreport.com/2021/11/26/latest-economic-report-shows-biden-leaving-trump-in-his-dust/

When it comes to jobs, President Joe Biden leaves Donald Trump in the dust. His weekly jobless claims recently plunged to 199,000. That is the lowest number in more than 50 years, according to The Washington Post. On the other hand, Trump was the first “post–World War II president to see employment fall during his presidency.” The last time that happened was when Herbert Hoover left office in 1933. We are talking in the middle of the Great Depression.

The ex-president rode in on the Obama-Biden team’s longest economic expansion in American history. Then, Trump screwed it all up by mishandling the COVID-19 pandemic.

In just two months, from February to April in 2020, his unemployment numbers peaked sharply to “an 80-year-high.” And the number of employed Americans plummeted from “152.5 million to 130.3 million. In losing 22.2 million U.S. jobs, he took the country back to the 1999 numbers, The Fortune Magazine reported:


President Biden added 5.8 million jobs this year and 531,000 of those just last month. His unemployment rate was down to 4.6 percent, according to The USA Today. Then, there was the $1.2 trillion infrastructure bill that just passed.
16 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
 

Alexander Of Assyria

(7,839 posts)
3. Network news really is going all in with distraction and avoidance of all this isn't it?
Mon Nov 29, 2021, 10:55 AM
Nov 2021

It’s so bloody obvious what side they are sidling up to and it’s not the side of democracy.

The obvious question is, why?

keithbvadu2

(37,061 posts)
2. Jobs by President
Sat Nov 27, 2021, 07:10 PM
Nov 2021

Jobs by President

https://www.democraticunderground.com/10496205

The slope shows the first 38 months of T---p to be much less growth than Carter, Reagan (sorry) & Clinton, and about the same growth rate as the last 36 months of Obama. Also, Obama shows 84 months of growth, starting month 13.
T---p only shows 38 months of growth, then the plummet. The "rebound" only came half way back, and was a net loss of around 3%.
This guy is too stupid to even think he'll accomplish anything.
I'm sure he'll push education cuts to lower property taxes. Unbrilliant.

andym

(5,447 posts)
13. So Carter had the greatest rate of job creation, even during stagflation?
Mon Nov 29, 2021, 02:38 PM
Nov 2021

Greater than even Reagan who succeeded him. Interesting that job growth did not correlate with GDP back then.

Poiuyt

(18,135 posts)
7. This just shows that Trump was the worst JOBS president
Mon Nov 29, 2021, 12:01 PM
Nov 2021

There are a lot of other factors that show he was the worst president of all time.

Polybius

(15,540 posts)
11. Covid had a lot to say about that job slump in 2020 though
Mon Nov 29, 2021, 02:36 PM
Nov 2021

Of course, Trump is to blame for much of Covid...

Dopers_Greed

(2,640 posts)
15. It doesn't matter
Mon Nov 29, 2021, 04:38 PM
Nov 2021

The RW was successfully able to plant the meme about the economy being worse under Biden into the public's mind

Latest Discussions»General Discussion»Report Shows Trump As Wor...