Unemployment trends were downward late in Obama's presidency as the economy cycled out of recession...a very weak recovery thanks to massive regulation and over taxation...all these trends have continued and accelerated under President Trump in dramatic fashion. Further, wages-GDP-manufacturing jobs-stock markets had all stagnated under the oppressive Obama regulatory state. Critically, the Trump boom has most impacted those at the lower and middle portions of the economic spectrum...farm workers and manufacturing jobs have come back from the dead.
Dramatic Improvement: (Nearly a 40% decrease in Black unemployment)/b]
Black unemployment rate in March 2017 = 8.4%
Black unemployment rate in Nov 2019 = 5.1%
Dramatic Improvement: (Nearly a 50% decrease in Hispanic employment)
Hispanic unemployment rate in January 2017 = 5.9%
Hispanic unemployment rate in November 2019 = 3.1%
Dramatic Improvement: (Nearly a 50% increase in wages)
Non supervisory/Production wages in October 2017 = 2.16%
Non supervisory/Production wages in October 2019 =3.14%
Dramatic Improvement: (Nearly a 50% increase in domestic oil production)
US oil Production on election day November 2016 = 8699
US oil Production as of November 2019 = 12,900
Dramatic rise in the Dow Markets:
Dow Jones as of election day in November 2016 = 17,888
Dow Jones as of November 2019 = 28,267
Now, if you want to continue making the absurd argument that this nation has not seen dramatic economic growth in nearly every aspect...feel free to continue being absurd and counter-factual. Most fair minded observers can see how ridiculous that position is.
"weak"..."oppressive" = Obama's economic growth
"dramatic..."fair-minded?" = Trump's economic growth.
I give Trump all the credit in the world for not messing up the gains that started under Obama.
He has even grown the deficit at a higher rate, and I wish to credit him for that as well.
