Trump signs "RIGHT TO TRY" into Law. An eight-year-old boy who helped inspire federal legislation giving the terminally-ill the 'Right to Try' experimental drugs stole the show on Wednesday at a bill signing event. The boy, Indiana's Jordan McLinn, left his wheelchair to stand at the president's side as Donald Trump inked his name to the legislation McLinn suffers from Duchenne Muscular Dystrophy (DMD) and helped inspire the bill in Indiana that VP Mike Pence signed when he was governor
The problem is Donald Trump has no credibility on this issue to be given the benefit of the doubt. It's not like he's never mocked anyone before.lol If Trump didn't call people names all the time or criticize their physical appearance, maybe he'd get a pass. But when you're an asshole most of the time, it's a good bet you're an asshole ALL of the time. Even if we were to take Trump at his word and he didn't remember a reporter he'd met a dozen times was disabled, it showed incredible insensitivity for Trump to move his arms in that manner referring to a disabled reporter. Considering Trump says he has the 'best memory', I think he knew who he was making fun of.
Who's happy? Let me guess...lol. Anyone? (I sure am!) Black unemployment rate hits a record low CNN.com By Paul R. La Monica June 1, 2018: 11:52 AM ET The black unemployment rate fell to 5.9% in May — the lowest since the government started keeping track in 1972. It's a notoriously volatile number, but the trend is clear: This economy is strong, and everyone is reaping the rewards. "The jobs market is firing on all pistons. It is benefiting all workers," said Tony Bedikian, head of global markets at Citizens Bank. "There are more jobs to be had for all Americans." As the overall unemployment rate continues to fall — the lowest since 2000 — it's also shrinking the gap between black and white unemployment. It is the narrowest on record. Black unemployment dropped sharply last month, down from 6.6% in April. The gap between black and white unemployment shrank to 2.4 percentage points, the first time on record it's been less than 3 points. The figures were part of a jobs report Friday that showed overall unemployment at 3.8%. That was a clear sign that the economy is strong — and that there are opportunities for just about everyone. More:... http://money.cnn.com/2018/06/01/news/economy/black-unemployment-rate-record-low/index.html
And yet the LFPR (Labor Force Participation Rate) is still at the same level it was in the 2nd half of 2013, https://data.bls.gov/timeseries/LNS11300000 So I ask again, why do you believe the stats now, but did not want to give President Obama ANY credit for cutting the unemployment rate in half during his term? What we are seeing now is a result of aggressive policies by the Fed for the last 9 years finally paying off. Are you aware that the Fed is STILL buying billions of dollars of long term government bonds EVERY month? And are STILL buying non performing assets on wall street to stabilize the markets? In other words the economy is STILL not standing on its own two feet, and even an econ 101 student could tell you the positive signs we are seeing have NOTHING TO DO WITH TRUMP.
So ypu know better than economic experts? "Nothing to do with Trump". Yet, you say the historic lows we are witnessing "had EVERYTHING to do with Obama"? Please. Which is it? Let me guess, the spikes in unemployment during Obama had "everything to do with Bush". Right? During Obama's first year, unemployment spiked to almost 10% and remained there for 3 years. THAT'S when l complained. lm talking about real life during that time, Loki. I saw for myself the lack of jobs. You didn't have to worry because you were always financially set with your firm, but for any of us regular people who struggled for years to make ends meet, we knew the truth. Finding a second job (which l needed), was HARD. Now.....my inbox is full daily with multiple jobs (ironically, l don't need the 2nd job anymore), whereas before, l got a couple of hits maybe once every 3 days. I even read that there are now more jobs available than people to fill them. Are you mad at that? You really should stop complaining that currently under Trump, unemployment and black unemployment continues to lower. (trust me, if it was raising, l'd be complaining). It's not a good look.
Bliss, unemployment wasn't at 10% for 4 years under Obama. https://data.bls.gov/timeseries/LNS14000000 We had 6 straight years of positive job growth under Obama leading right into the Trump administration. Trump is just riding the wave. He's done nothing legislatively to improve job growth. Job growth was good before Trump signed the trillion + dollar tax cut for the one-percent, and it's continued since.
I was going to respond with more FACTS, but Boba already beat me to it. The unemployment rate dropped after Obama was in office for about 3-4 years, in other words enough time for his (and more importantly the Fed) actions to actually have an effect (as the overwhelming majority of economist will tell you). Trump has simply not been in office long enough for any of his policies (if you can name one) to have an effect on the unemployment rate, but the Fed has been acting for going on 9 years now. Bliss you have no formal education (if im wrong please correct me) or experience on complex financial/economic topics, I have an MBA and have worked in the financial markets for decades now, when I talk its based on facts not on hating Trump or loving Obama.
I never said it was 4 years, and never said it was 10%. l said almost, in his first 3 years. Here is the proof. https://data.bls.gov/timeseries/LNS14000000 FACTS.
If you are really interested in real facts and analysis, here are a couple of good links, that clearly spell out and support what im saying (see...real economist agree with me) https://www.forbes.com/sites/chuckj...card-one-year-post-inauguration/#15d3216c6b67 https://www.washingtonpost.com/news...is-better-than-obamas/?utm_term=.10eaba936c2f
The chart you posted (glad you are finally paying attention to and believing the BLS) supports what I have been saying all along, it takes a while, usually at least one term, for presidential policies, and again more importantly the Feds policies, to truly have an effect on an economy. Obama had the unique disadvantage of taking office in the midst of the worst financial crisis since the Great Depression. More than 4 million jobs were lost in his first year in office, on top of the 4 million lost in George W. Bush’s final year. So Obama was handed an economy that was losing about 400,000 jobs each month! Of course no one person can turn those numbers around in just a year or two, thats just not how an economy works, even with the historic and aggressive intervention of the fed, (dropping the FFR to .25% a historic low). Think of the economy like an aircraft carrier, those things cant just turn on a dime and reverse course, its a very slow process of slowing in one direction and then very slowly turning. Below is a handy chart to see what a fantastic job President Obama did (some bad but mostly outstanding) on the economy in the face of historic challenges... https://www.factcheck.org/2017/09/obamas-final-numbers/
Second link seems fair. (enough) First is a little dated as it was created back in January, 2018, using December 2017 snd prior figures. Here are more recent numbers: Job growth surged in May 2018 https://www.politico.com/story/2018/06/01/economy-job-growth-may-616319 Trump Scoreboard shows fastest jobs growth of his presidency By Steve Goldstein Published: Mar 9, 2018 11:53 am ET https://www.marketwatch.com/story/t...test-jobs-growth-of-his-presidency-2018-03-09
I've seen that chart already (earlier today). Bush dealt with not one, but 2 recessions during his Presidency, so yes, employment is affected. I'm aware that Obama's first year wasn't easy and gave him that space (criticism wise) when his unemployment numbers surged so high. But second and third years, there was nary an improvement. So l had every reason to complain. Trumps continued down spiral of unemployment numbers in his first 500 days is spectacular. No one should be knocking it. Having said that, this article is fair snd balanced and gives Obama fair credit as well as appreciating the current trend under Trump. https://www.npr.org/2017/01/07/508600239/what-kind-of-jobs-president-has-obama-been-in-8-charts
Instead of posting stories about random economic indicators, how about you provide examples of actual policies implemented by the Administration that had effects on the economy that were separate from the prevailing trends that existed when Obama left office. Shit, I can give you plenty of examples of policy decisions that they're making to fuck black America in the ass: https://www.independent.co.uk/news/...markup-congressional-review-act-a8362596.html https://www.politico.com/story/2018/05/08/hud-lawsuit-fair-housing-rule-573254 https://www.cnn.com/2017/05/12/politics/sessions-criminal-charging-memo/index.html https://www.newyorker.com/news/news-desk/jeff-sessions-and-the-resurgence-of-civil-asset-forfeiture http://thehill.com/regulation/382574-devos-review-of-racial-bias-guidance-stirs-controversy https://www.wsj.com/articles/devos-...s-that-omit-minorities-performance-1520427600 Maybe you can do a better job of making your case?
Good and fair link, did you not really understand my aircraft carrier analogy? For you to be upset and complain in year 2 and 3 of Obama's term is completely unreasonable. Look at the chart below to see when the GDP finally started to bounce back, no surprise its towards the end of Obama's first term. If you wanted to complain about someone's performance blame the complete lack of oversight in the lending markets that began under Clinton and proliferated under Bush for the DIRE circumstances that Obama inherited day one. It was damn near a minor miracle that things were finally turning around and heading the right direction after his first term. "The financial crisis that began in the US housing market had turned, by August 2007, into a full-blown global credit crunch that plunged countries around the world into recession. In the US, the economic downturn was the deepest since 1945 and the longest since the Great Depression." https://www.ft.com/content/c8d1d150-7869-11e7-a3e8-60495fe6ca71
Its easy for you to cite "unreasonable" because again, you're set. Many people not privileged, needed a first or second job. There were real-life ramifications. In any event, I'm sincerely glad he was able to eventually lower it and that it's continuing on that path.
The great depression took at least ten years to get out of. He did this in less time. You don't go from 9% unemployment to 4% in 1 year. It took at least 2 years to get us to the great recession if you don't want to count the 01/2001 spot. I mean if someone blows up a bridge do you really expect for people to fix the bridge at the same time it takes to blow it up? Source: https://data.bls.gov/pdq/SurveyOutputServlet
I can understand what you are saying, that you needed a job or two and the economy was trashed and was not recovering fast enough to change your circumstances at the time. Still the economic realities of that time where historic and no one man or administration was going to turn it around quick and easy. I have posted the video below before, it is the best and I mean THE best, concise 30 min video on how to understand the economy, I have ever come across. I encourage all to watch it. Lastly while i worked and sacrificed and risked more than most to get where I am, I too was affected by the 2007-08 economic crisis, some of my real estate holdings only regained their value in the last couple of years, maintaining said properties in an uncertain market was not fun at all. In addition, the stress of having to make payroll for my employees when many clients were defaulting or struggling with payments led to some stressful times as well, so while I was fortunate to have employment and keep building my firm, that time was not all wine and roses for anybody, so that "privilege" you mention above does not come easy.
