On 11/15/2024 11:10 AM, Mitchell Holman wrote:
> AlleyCat <katt@gmail.com> wrote in
> news:MPG.41a11fb339c47aee98b145@news.eternal-september.org:
>
>>
>> On Fri, 15 Nov 2024 14:37:16 +0000, Mitchell Holman says...
>>
>>> 3 companies preparing to raise prices
>>
>> So, nothing any different than the past 4 years.
>>
>> Gotcha.
>>
>> Funny, how he did that 8 years ago and we prospered.
>
>
>
>
> Trump's Economy:
>
>
> The economy lost 2.9 million jobs.
>
> The unemployment rate increased by 1.6
> percentage points to 6.3%.

*Up until* Trump *fucked up* and *bungled* the pandemic response, the economy
did well under Trump. Of course, that was *only* the continuation of the booming
Obama economy. Employment continued to grow and unemployment continued to fall
at more or less the same rates they had been for *seven* years under Obama.

Employment
Employed Unemployment participation
_(thousands)_ _rate_ _rate_

Feb 2017 152,528 4.7 63.0
Feb 2020 158,759 3.5 63.4
Mar 2020 155,772 4.4 62.7 [start of Trump debacle]

March, of course, is the beginning of Trump's *cratering* of the economy.

Now lets look at Biden's record to date.

Employment
Employed Unemployment participation
_(thousands)_ _rate_ _rate_

Feb 2021 150,239 6.2 61.4
Oct 2024 161,496 4.1 62.6

Note that there are 2.7 *million* more jobs at the end of October of this year
than there were in Trump's *best* month, February 2020, before Trump *cratered*
the economy.

No, I'm not giving "cites" for the numbers. You can look them up yourself. To
find the numbers for any month, e.g. February 2017, you do a search on
"employment situation February 2017" and click on the BLS link that pops up.
That's how you do it.

>
> The international trade deficit Trump
> promised to reduce went up.

Trade deficits are meaningless. Trump is a fucking idiot for thinking it's
important and a bigger fucking idiot for promising to reduce it.

All the rest of your points below are excellent.

>
> The number of people lacking health
> insurance rose by 3 million.
>
> The federal debt held by the public
> went up, from $14.4 trillion to
> $21.6 trillion.
>
> Illegal immigration increased.
>
> Coal production declined 26.5%,
> and coal-mining jobs dropped by
> 16.7%.
>
> The murder rate last year rose to
> the highest level since 1997.
>
> He ended his presidency with an economy
> that had 2.9 million fewer jobs than when
> he started — becoming the first president
> in modern times to experience a net loss
> of jobs over his time in office.
>
> When Trump left office, there were 154,000
> fewer people employed in manufacturing than
> when he became president.
>
> The real GDP declined 3.4% in 2020 from
> the previous year. It was the largest
> drop since 1947
>
> Murders and aggravated assaults shot up
> dramatically under Trump, while most other
> types of crime declined.
>
> Illegal border crossings, as measured by
> apprehensions at the Southwest border,
> were 14.7% higher in Trump’s final year
> in office compared with the last full year
> before he was sworn in.
>
>
> https://www.factcheck.org/2021/10/trumps-final-numbers/
>
>