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Originally Posted by Rochard
I disagree. We've been calculating unemployment the same way for decades. Even if it's completely inaccurate, it's consistent and a fair judge of the economy and how jobs are doing.
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correct it was always AN ASSUMPTION based on phone interviews.
every goverment can include or exclude groups (like longterm unemployed what already gave up to seek a job).
in THAT point trump was NOT wrong when he said that the real numbers are MUCH higher.
but the funny part is that he is using the fucking SAME wrong calculation now and tries to tell people that the numbers are any better.
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If that's not good enough, we can use new jobs created... Which we can pin point to the exact number. Those numbers for December just came out. (Unemployment remained the same.) Trump failed produce more jobs than Obama - period. In 2017, we had 1.84 million new jobs created. In Obama's list year, we had 2.09 million jobs created. In fact, Obama created more jobs than Trump in 2014, 2015, and 2016. So much for being a jobs president.
So he failed on his promise to create "more jobs".
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true - because the relevance of new created jobs has to be seen in relation to jobs he have destroyed or made their creation impossible.
alone the decision to leave the paris climate pact killed MILLIONS of possible new jobs or created them somewhere else.
its lack of credibility and mind changes has also helped to ensure that countries that have so far renounced certain productions because of good trade relations with the usa revise it. The US export market is largely made up of foreign branches but not of genuine export goods.
the exit from TPP pushed the world fastes growing economies COMPLETELY in the hands of China. USA is still a huge and important market for them but the importance is getting smaller and smaller every day because the US import industry needs china more as the other way round.
the point is that you can not see this effects fast. economy is always a mirror where you can see the past and not the future.
i totally agree with you that trump and his team of clowns was the worst what could ever happen to USA - but the best what could ever happen to him because he will be fine at the end when america will suffer.