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Thread: Trump did not boom the economy. Here is the proof.

  1. #31
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    TheLiquidGuy's Avatar Senior Member
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    Quote Originally Posted by Tahuyaman View Post
    During the Obama era wages were flat.
    That's not true. Obama's wage growth was anything but flat.
    You've been lied to. Is it that hard to imagine that Trump (or some of his media supporters) would lie?
    Take a look at this chart from the Bureau of Labour Statistics.
    It shows that the average weekly earnings in 1982-84 dollars since the 60s to present.
    You can see --yet again-- that Trump did not do anything special. He just continued the trend that was there during his predecessor's reign. Again not saying that Obama > Trump. I am saying Obama = Trump (as far as wage growth goes).

    bls-average-weekly-earnings1.jpg
    I showed you a chart showing real wage growth a few posts back. It showed that RWG is erratic for both Obama and Trump.
    Take a look at that to.

    The jobs created were low skilled jobs which only supplemented a primary income. Millions of people just tuned out of the jobs market.
    Do you have evidence? Or is this just someone's speculation?


    Those people are now returning because they can.
    Again, do you have any data to show this? Please post it if you can.

  2. #32
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    Quote Originally Posted by Tahuyaman View Post
    During the Obama era wages were flat.
    That's not true. Obama's wage growth was anything but flat.
    You've been lied to. Is it that hard to imagine that Trump (or some of his media supporters) would lie?
    Take a look at this chart from the Bureau of Labour Statistics.
    It shows that the average weekly earnings in 1982-84 dollars since the 60s to present.
    You can see --yet again-- that Trump did not do anything special. He just continued the trend that was there during his predecessor's reign. Again not saying that Obama > Trump. I am saying Obama = Trump (as far as wage growth goes).

    Attachment 27409
    I showed you a chart showing real wage growth a few posts back. It showed that RWG is erratic for both Obama and Trump.
    Take a look at that to.

    The jobs created were low skilled jobs which only supplemented a primary income. Millions of people just tuned out of the jobs market.
    Do you have evidence? Or is this just someone's speculation?


    Those people are now returning because they can.
    Again, do you have any data to show this? Please post it if you can.

  3. #33
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    Quote Originally Posted by Tahuyaman View Post
    During the Obama era wages were flat.
    That's not true. Obama's wage growth was anything but flat.

    You've been lied to. Is it that hard to imagine that Trump (or some of his media supporters) would lie?


    Take a look at this chart from the Bureau of Labour Statistics.


    It shows that the average weekly earnings in 1982-84 dollars since the 60s to present.


    You can see --yet again-- that Trump did not do anything special. He just continued the trend that was there during his predecessor's reign. Again not saying that Obama > Trump. I am saying Obama = Trump (as far as wage growth goes).

    bls-average-weekly-earnings1.jpg
    I showed you a chart showing real wage growth a few posts back. It showed that RWG is erratic for both Obama and Trump.
    Take a look at that too.

    The jobs created were low skilled jobs which only supplemented a primary income. Millions of people just tuned out of the jobs market.
    Do you have evidence? Or is this just someone's speculation?

    Those people are now returning because they can.
    Again, do you have any data to show this? Please post it if you can.

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  5. #34
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    Quote Originally Posted by Chris View Post
    Let me clarofy, though, I do not atribute anything ecoonomically positive to any President. Never made sense to me that any President can lay claim to being responsible for that, for negatives, yes, positives, no.
    The truth is that I am actually with you on that. But since pundits and partisans will always claim credit even when not due, I am just playing the game using their rules.

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    Quote Originally Posted by TheLiquidGuy View Post
    The truth is that I am actually with you on that. But since pundits and partisans will always claim credit even when not due, I am just playing the game using their rules.
    Yea, I don't like games,take too long to learn and waste too much time.
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

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    Tahuyaman's Avatar Senior Member
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    Quote Originally Posted by TheLiquidGuy View Post
    That's not true. Obama's wage growth was anything but flat.

    You've been lied to. Is it that hard to imagine that Trump (or some of his media supporters) would lie?


    Take a look at this chart from the Bureau of Labour Statistics.


    It shows that the average weekly earnings in 1982-84 dollars since the 60s to present.


    You can see --yet again-- that Trump did not do anything special. He just continued the trend that was there during his predecessor's reign. Again not saying that Obama > Trump. I am saying Obama = Trump (as far as wage growth goes).

    Attachment 27410
    I showed you a chart showing real wage growth a few posts back. It showed that RWG is erratic for both Obama and Trump.
    Take a look at that too.

    The jobs created were low skilled jobs which only supplemented a primary income. Millions of people just tuned out of the jobs market.
    Do you have evidence? Or is this just someone's speculation?

    Those people are now returning because they can.
    Again, do you have any data to show this? Please post it if you can.
    Wage growth during the Obama era was experienced by people at the top. Not the working class. wage growth is now benefiting the working class.

  8. #37
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    Quote Originally Posted by Collateral Damage View Post
    Wages up another 3% year over year according to the Department of Labor. Unemployment up a tick to 3.6%. That is not Obama's economy.
    It might be true that it's not Obama's economy. But then it's not Trump's either

    Take a look at this chart from the Bureau of Labour Statistics.


    It shows that the average weekly earnings in 1982-84 dollars since the 60s to present.


    You can see --yet again-- that Trump did not do anything special. He just continued the trend that was there during his predecessor's reign. Again not saying that Obama > Trump. I am saying Obama = Trump (as far as wage growth goes).


    Attachment 27411

    Obama's economy was sluggish coming back, and stayed sluggish.
    A lot of people keep saying that on TV, Newspapers, and online. Trump's economy is waaay better they say.
    But I have never seen that assertion quantified. In fact none of the data I have offered in this thread seems to support that.
    If Obama's economy was sluggish, then you must say the same of Trump. The numbers I have shown throughout this thread bear that out.


    Trump has many flaws to be sure, but one cannot say that Obama had any economic influence at this point.
    Actually, I would go further. I would say people give too much credit/blame presidents in general. This thread is basically an academic exercise. You can't credit Trump with the booming economy any more than you can Obama. That leaves us with a President who is as you say, flawed (heavily, heavily, heavily flawed) and has no redeeming qualities. So why keep him there? Wouldn't you like to finally change the subject from politics? Vote him out and we can. The guy floods our life for four years. That's more than enough.
    Last edited by TheLiquidGuy; 11-11-2019 at 09:09 PM.

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    Quote Originally Posted by Tahuyaman View Post
    Wage growth during the Obama era was experienced by people at the top. Not the working class. wage growth is now benefiting the working class.
    Did you read the title of the graph I showed you? it is tracking wages of "non supervisory" employees.

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    Quote Originally Posted by TheLiquidGuy View Post
    Did you read the title of the graph I showed you? it is tracking wages of "non supervisory" employees.
    That's contrary to the reality of those times. One of the biggest complaints of the economic performance during the Obama era was the lack of wage growth experience by the working class.


    Now that people are finally experiencing that wage growth we will do two things. One, give credit to Obama for today and second, re-write the history of the past.

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    Employment numbers growth under Obama was largely due to increase in part time workers. under Trump they are now able to work full time. Also the numbers could only go up after the economy crash in 2008-2009 which the dems purposely created.

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