Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

Individual #1 - Worse job record ever recorded in US history.

0 views
Skip to first unread message

Willie Whittaker is a Putin Cock Sucker

unread,
Oct 25, 2022, 9:22:47 AM10/25/22
to

U.S. To Owe More Than The Size Of Its Economy For The 1st Time In 75 Years

The federal government's accumulated debt burden is
projected to be larger than the overall economy next year for the first
time since 1946. Debt is expected to reach an all-time high of 107% of
gross domestic product in 2023.

Federal deficit in Trump’s final year: $3.3 trillion.


Individual #1 - Worse job record ever recorded in US history.

Individual #1 has become the first President on record — going back to
President Harry Truman — to leave the White House with fewer jobs than
when he started.

Government records of monthly jobs numbers go back to 1939, the middle
of Franklin D. Roosevelt’s administration.

20.6 million continuing claims in the last week of November, according
to the most recent data. The Labor Department notes that the number of
claims may be larger than the total number of people receiving benefits.


...

IMPOTUS ECONOMY


-----------
1. 20 million lost jobs.
2. $3.5 Trillion PER YEAR new debt. ($1.2 trillion Before COVID)
3. $8 billion worth of jobs outsourced and sent overseas.
4. Doubled Balance of trade deficit.
5. $54 billion increase in trade debt just with China.
6. Life expectancy dropped by 1.5 years.
7. Exports in the US fell by 6.9%, while the rest of the world increased
by 11.2%
8. The last week of the Trump admin. 886,000 people filed for unemployment

The Biden Economy:

1. Record Job Creation

+ 536,000 new jobs in February
+ 785,000 new jobs in March
+ 269,000 new jobs in April
+ 614,000 new jobs in May
+ 938,000 new jobs in June
+ 1,091,000 jobs in July
+ 483,000 new jobs in August
+ 312,000 new jobs in September
+ 531,000 New Jobs in October.
+ 210,000 New Jobs in November

Average Job Creation by President:

Obama (2013-2016) = 213,000
Trump (2017-2020) = 184,000
Biden (Feb-Oct) = 620,000

+ Trump created 4.5 million jobs in the first Two Years.
+ Biden created 5.8 million jobs in the first 10 months.

10/21/2021 - Jobless claims to new low - 290,000

2. Jobless claims lowest in 52 years.

Oct 2020 = 762,000
Oct 2021 = 199,000

3. U.S. government deficit down 17 percent from same period a year ago.


WASHINGTON (AP) - The U.S. budget deficit totaled $356.4 billion in the
first two months of the budget year, down 17% from the same period a
year ago.
3. Record Stock Market Gain.

+ The stock market is up 3,681 points or 11.8% since Biden took office.

+ For comparison, the stock market FELL 846 during the last year Trump
was in office.

+ The stock market has broken records 45 days since Biden took office.

Feb 5,8,10,12,16,17,24
Mar 10,11,12,15,17,26,29
Apr 6,7,8,9,15,16,
May 5,6,7
Jul 2,9,12,23,26
Aug 6, 10, 11, 12, 13, 16,
Oct 20,22, 25, 26, 29)
Nov 1,2,3,4,5,8

4. Record GDP Growth. The 1st quarter GDP Growth is up 6.4%.

For comparison, highest increase under Trump was 3%, less than half Biden's.

2017 = 2.3
2018 = 3.0
2019 = 2.2
2020 = -3.5
Average = 1.0%

5. Record Personal Income Growth. Personal Income grew 21.1% in March.
This is the largest increase in 62 years.

1
0 new messages