Job Creation under Trump - the reality (my Twitter thread)

[NewJeffCT]

If anybody is on Twitter, I would appreciate a Like and/or a RT as I need a little amplification to hopefully overcome my current Search Suggestion Ban (aka Shadowban) - Thanks! (And, yes I intentionally called Reagan a "former" Republican icon)

Link to tweet

Thread unrolled here:

Donald Trump claims to be a great "jobs" president and cites 6 million jobs created since he became president. This is a lie. The following are the facts: 1) Most economists agree that the US economy needs to create around 175,000 jobs/month to keep up with population growth 1/6

2) Under Donald Trump, the economy has actually created 5,400,000 jobs per the BLS in his 28 months in office. That is slightly less than 193,000 jobs per month. A little above average, or mediocre. Now, let us compare him to some previous presidents: 2/6

In his last 28 months in office, the economy created 6,112,000 jobs under Obama. That averages out to a nice solid 218,300 jobs per month. So, job creation has decreased by over 25,000 jobs/month under Donny Dollhands compared to Obama. Trump < Obama 3/6

Going further back, in the first 28 months of the Clinton presidency, the economy created an excellent 7.3 million jobs, or 259,200 jobs per month. In his last 28 months as president, former Republican icon Ronald Reagan's economy created an excellent 7.2 million jobs 4/6

or a very nice 258,100 jobs per month. Both Reagan and Clinton did it with smaller populations as well. If you want really great jobs numbers, in the first 28 months of his presidency, the economy under Jimmy Carter created an astounding 8.7 million jobs, 311,700 per month 5/6

The reality is that job creation and job growth under Donny Dollhands has been rather mediocre, unlike what Donny and his surrogates in the media claim. #WeakTrump 6/6

[Snarkoleptic]

1. Steve Rattner does some solid analysis for MSNBC

Here's a Tweet that demonstrates that job creation has slowed since Trump took office.

Link to tweet

And that chart was before the lackluster jobs report for May was posted.

Link to tweet

[NewJeffCT]

5. good graph

the Trump "line" is clearly below the Obama line

[gratuitous]

8. Uh, Mr. Rattner?

You ask whether Americans will recognize that Trump's record lags behind Obama's record for job creation. I can think of one way that could happen; is there any way you could get this information to be aired on your network or any of its cable shows? Because that would really help the public know the truth based on actual facts, rather than just taking the unsupported word of a serial liar.

[Dennis Donovan]

2. Company's are buying their stock back instead of spending on R&D

https://www.democraticunderground.com/100212201458



I'm sure there's a similar graph on hiring.

[NewJeffCT]

3. Thanks

good statistic as well.

[world wide wally]

4. There is also the factor that people once earning in triple figures are now earning about $12/ hour

driving a bus or bussing tables. Ask college graduates what they are doing for work.
We're going to need more restaurants.

[mopinko]

6. boomers are taking big pay cuts as they get old.

my ex had a really excellent job, and made crazy money for a company that was swimming in money.
corporate changes left him looking for a job at 58.

he did get one, and one he wanted because it was right in his wheel house. he is getting less than half his old salary. at a place w an even longer history of swimming in money. w relevant, very high level, uncommon knowledge.

so, yeah, wage deflation is happening.

[NewJeffCT]

7. That is certainly a factor as well

that's something that's going to hit my generation soon as well (I'm 52 now) - potential for losing a fairly good and fairly stable job, and then having to replace it with something making quite a bit less and without benefits and/or paid vacation.

[NewJeffCT]

9. kicking

for the afternoon crowd