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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
01-14-2021, 04:27 PM
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#1
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Registered User
Join Date: Jul 2004
Posts: 10,306
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TRUMP, on the economy before the pandemic: “We had the best numbers for African Americans on employment and unemployment in history ... best everything.” — Fox News interview Wednesday
THE FACTS: True on unemployment. Not true by a long shot on “everything” in the economy.
Black unemployment reached a record low during the Trump administration, 5.4% in August, as the longest economic expansion in history pressed ahead.
Most of the progress came when Barack Obama was president: Black unemployment dropped from a recession high of 16.8% in March 2010 to 7.8% in January 2017. Improvement continued under Trump until the pandemic. Black unemployment reached 16.8% in May, compared with 13.3% for the overall population.
Not all economic measures improved for African Americans under Trump before the pandemic. A black household earned median income of $41,361 in 2018, the latest data available. That’s below a 2000 peak of $43,380, according to the Census Bureau.
More broadly, there were multiple signs before the pandemic that the racial wealth gap had been worsening.
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01-14-2021, 04:59 PM
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#2
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,657
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Quote:
Originally Posted by PaulS
TRUMP, on the economy before the pandemic: “We had the best numbers for African Americans on employment and unemployment in history ... best everything.” — Fox News interview Wednesday
THE FACTS: True on unemployment. Not true by a long shot on “everything” in the economy.
Black unemployment reached a record low during the Trump administration, 5.4% in August, as the longest economic expansion in history pressed ahead.
Most of the progress came when Barack Obama was president: Black unemployment dropped from a recession high of 16.8% in March 2010 to 7.8% in January 2017. Improvement continued under Trump until the pandemic. Black unemployment reached 16.8% in May, compared with 13.3% for the overall population.
Not all economic measures improved for African Americans under Trump before the pandemic. A black household earned median income of $41,361 in 2018, the latest data available. That’s below a 2000 peak of $43,380, according to the Census Bureau.
More broadly, there were multiple signs before the pandemic that the racial wealth gap had been worsening.
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What! Wait how can that be, Jim keeps telling us Trump is the best thing for blacks since Lincoln?
I love Don Jr. getting sh*t on Twitter for his 2026 tweet saying Dear Clinton’s you know what’s deplorable, getting impeached. Twice the fun back at you!
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01-14-2021, 05:20 PM
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#3
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Registered User
Join Date: Dec 2002
Posts: 8,718
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Quote:
Originally Posted by Got Stripers
I love Don Jr. getting sh*t on Twitter for his 2026 tweet
Twice the fun back at you!
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Peg hid the glasses again didn’t she?
Posted from my iPhone/Mobile device
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PRO CHOICE REPUBLICAN
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01-14-2021, 05:33 PM
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#4
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,657
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Quote:
Originally Posted by Sea Dangles
Peg hid the glasses again didn’t she?
Posted from my iPhone/Mobile device
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I feel for you, does your comprehension fail routinely, sorry I didn’t reach for my glasses; I understand simple things are hard to grasp for you.
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01-14-2021, 06:35 PM
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#5
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by PaulS
TRUMP, on the economy before the pandemic: “We had the best numbers for African Americans on employment and unemployment in history ... best everything.” — Fox News interview Wednesday
THE FACTS: True on unemployment. Not true by a long shot on “everything” in the economy.
Black unemployment reached a record low during the Trump administration, 5.4% in August, as the longest economic expansion in history pressed ahead.
Most of the progress came when Barack Obama was president: Black unemployment dropped from a recession high of 16.8% in March 2010 to 7.8% in January 2017. Improvement continued under Trump until the pandemic. Black unemployment reached 16.8% in May, compared with 13.3% for the overall population.
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So you are giving Obama credit for the unemployment rate returning to normal levels after a recession?
Posted from my iPhone/Mobile device
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