Author Topic: The booming ecomomy  (Read 280 times)

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Offline AlanS

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The booming ecomomy
« on: January 06, 2017, 05:35:15 PM »
So I decided to crunch some numbers.

According to the Bureau of Labor Statistics, in 8 yrs Obama has created 8.9 million jobs. The number you don't see is the "Out of Workforce" number. In 8 yrs it jumped 13.4 million to a record high 95.1 million.

During Reagan's tenure of 8 yrs, job creation jump 14.5 million jobs with 4.8 million in 1983/84 alone. His OOW numbers jumped a whopping 1.4 million in 8 yrs.

So the numbers say we lost 50% more workers than we gained and this is a robust economy?

The table here shows the numbers for employment.

https://www.bls.gov/cps/cpsaat01.htm

Here's the latest numbers for OOW folks.

https://data.bls.gov/pdq/SurveyOutputServlet
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Offline richb

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Re: The booming ecomomy
« Reply #1 on: January 06, 2017, 10:11:03 PM »
It may be booming for government employees and the like.   But here in the real world,  it's pretty bad.   Things started to be bad in 2006,  so we already have a full lost decade. Very much like how they describe the still ongoing Japanese deep recession which is heading into its third decade.    2016  was probably worse then 2015 even,  with the uncertainty of who would be president.  Most people assumed Clinton election,  which would have ensured another lost decade as the policies of the Obama regime would have gone on.

History will show this time as a period of massive economic upheaval due to massive government interference. 

It will also show how Trump won.   Economics pure and simple.

Offline Libertas

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Re: The booming ecomomy
« Reply #2 on: January 09, 2017, 07:20:29 AM »
Hobs are yet another Big Lie from Obama & the Prog's...and these Common Core ass-clowns use BS math that shows only jobs added (mostly non-skilled entry-level crap) and ignores losses by writing off the growing number from the workforce...thus the lower denominator (you!) are rendered nonexistent and therefore unimportant and not worth mentioning.  The only people making out in the Obama years were the cronies and parasites...everybody else got royally f**ked and were told to like it or you're a f**king racist!

Sadly, the sh*t they tossed might not fall on them...it could all blow up on Trump...if he's stymied by progs and pubbies there won't be a second chance to even push back the expiration date...
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