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Friday, August 04, 2017

A jobs report Obama would envy

Ten months ago, President Obama was ecstatic. America added 161,000 jobs in October -- proving at long last that the 2009 recession was over.

Last month we added 209,000.



Here is the Obama administration spin on last October's employment situation report:
The economy added 161,000 jobs in October — well above the pace needed to maintain a low and stable unemployment rate — as the longest streak of total job growth on record continued. U.S. businesses have now added 15.5 million jobs since early 2010. Most importantly, average hourly earnings for private employees increased 2.8 percent over the last twelve months, the fastest twelve-month pace since the recovery began and much faster than the pace of inflation. In fact, real wages have grown faster over the current business cycle than in any since the early 1970s. Nevertheless, more work remains to continue to boost wage growth and to ensure that the benefits of the recovery are broadly shared, including increasing investment in infrastructure; implementing the high-standards Trans-Pacific Partnership; taking steps to spur competition to benefit consumers, workers, and entrepreneurs; and raising the minimum wage.
President Trump ended the Trans-Pacific Partnership. He's said we ought to abandon the federal minimum wage and let states set it.

President Trump and Congress junked 14 last-minute regulations by an Obama desperate to sabotage the incoming administration.

President Trump oversaw the rescinding of another 860 regulations that were aimed at blocking industry and economic growth.

In short, President Trump ended Obama's failed economic policies. In anticipation of this, companies began hiring beginning last November.

Now, 153,513,000 Americans have jobs.

Just 26,542,000 (one in six) are part-time.

When we elected Trump president, 151,925,000 Americans had jobs.

In the 10 months since we elected Trump president, America has added 1,588,000 jobs.

Those are full-time jobs, as the number of part-timers was 26,580,000 -- or 38,000 more than today.

To recap, since we elected President Trump, we have added 1,626,000 full-time jobs.




Caution: Readers occasionally may laugh out loud at the media as they read this account of Trump's election.

It is available on Kindle, and in paperback.



Caution: Readers occasionally may laugh out loud at the media as they read this account of Trump's nomination.

It is available on Kindle, and in paperback.

Autographed copies of both books are available by writing me at DonSurber@GMail.com

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18 comments:

  1. Great way to tout and twist numbers. So MSM of you Surber. Let’s see where the jobs are at a year from today. Of course, Pence will be president by then.
    The first six months of Obama’s second term: 1.1 million jobs added
    The last six months of Obama’s presidency: 1.1 million jobs added.
    The first six months for Clinton’s first term: 1.3 million jobs added
    The first six months for Clinton’s second term: 1.7 million jobs added
    The first six months for George W. second term: 1.5 million jobs added

    ReplyDelete
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    1. You lost me at Pence Will Be President. Not gonna happen in your wildest wet dream. More likely, your carcass will be swinging from the power pole at the top of my property. I'll sip my morning coffee as the buzzards have their breakfast. On you. Believe me, chucklehead, you and Mueller don't want to go down Coup Road. Bad shit happens there at night.

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    2. He's a Coward. you would catch him going up a Holler in broad daylight. heck he probably hasn't been out of his parents basement. in weeks...
      TG McCoy

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  2. Yay for the 8 years of The Summer Of RECOVERY!

    Oh, Anon, so certain and proud art thou that thou hast not appended thy name, nor even an assumed name, to thy post.

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    1. Yeah Sam...to quoth The Black Jesus hisself: "I guess those shovel ready jobs weren't so shovel ready." And the Libs laughed heartily. How much was the cost per job, Soetero, after the trillions you spent?

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    2. That old "shovel ready job" thing was phony, and they don't use shovels much anymore, either. They surveyed our main road here for over 20 years before finally rebuilding it. The job wasn't labor-intensive at all, either. The D-11 Cat dozer they used wasn't even the biggest one on the job, and the project only took a year.

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  3. Have to love those 300 new coal mining jobs last month. Only Trump can preach to the cult about how he is reviving an industry that has been heading toward obsolescence for years. But it is West Virginia, where even Trump can look intelligent.

    ReplyDelete
    Replies
    1. I looked it up, and those "green" jobs at wind farms pay about half of what people in our coal industry make here in Montana. Democrats hate the middle class. It's a big plus for our economy that the President isn't actively trying to destroy an industry like Obama did and Hillary would have.

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    2. Word, MK. Big Sky. Yeah my brother. Great Falls 65-80. WV was the closest thing I could find east of the Mississippi. Two big thumbs up on that comment also.

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    3. Coward Anon:
      We are shipping coal to Europe and Asia. who need it.
      this isn't fake news, TG McCoy

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    4. That may be 300 jobs in West Virginia, but a quick check shows they aren't the only ones hiring. Back in February (I know,, eons ago to libs) Alabama announced 200 jobs coming back in Brookwood coal (Warrior Met). Try not to keep the blinders on - its bigger than you.

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    5. Heading towards obsolescence? You mean being killed slowly by democrats, and ferociously by Obama. And guess what, those jobs didn't have to be subsidized by American tax dollars like the job creation that happened under Obama (and most of those jobs were part-time).

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  4. Obama wasn't much of a "job creator," he was excellent at "job transformation" though.

    He was godlike in his ability to take one full-time job that paid $50K/yr and transform it to 4 part-time jobs paying minimum wage.

    Then he called the result "job creation." The MSM all fell to their knees, put their faces on the ground and worshipped him for producing this miracle, while extolling his praises.

    Some rubes even fell for the phony messiah! Not surprisingly, their names are often "anonymous."

    ReplyDelete
    Replies
    1. Democrats and RINOs consider it "job creation" when they create one government job that then wipes out 3 private sector jobs. I remember the old cartoon where a Department of Agriculture bureaucrat is asked why he's crying. His answer: "My farmer died."

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  5. The trolls here and the media at large have one thing in common: success coming from DT bites hard. A master of the universe wrote me yesterday to say that 90% of the S&P companies reporting so far have improved year over year numbers by more than 6%, in both revenue and profit, and that the third and fourth quarters are looking good too. Most of this can be attributed to DTs capitalist sword slashing through Obama's Gordian knot of regulations with which he tried to bind business so there would be no growth at all on his hated sucessors' watch, low life that he was, is, and always will be. Under him, profit could only be achieved by firing people or making them part time. Now even Rat Bezos cannot hire enough soldiers to help fill vaults with gold to finance his war of the worlds on DT.
    pmd
    media delenda est

    ReplyDelete
    Replies
    1. I used to hate it when a President was given credit or blame for how the economy did. There are so many variables in an economy like ours that it seemed silly to blame one man. Then Obama came along and declared war on several important industries.

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    2. And so American cumulative retirement wealth is at all time high. Mueller's grand jury convenes, markets go down, less retirement money. No other way to explain it: Liberals detest success. They want you poor and dependent. They're malicious and detest this country too. They can all go to hell.

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