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Boogiemack

(1,406 posts)
Wed Sep 30, 2020, 06:04 AM Sep 2020

When will the Dems give themselves the credit they deserve for low unemployment rates?

Trump claims to his own. Obama/Biden admin lowered unemployment rates by a min of 4.6 points from the time they entered and from the highest point caused by the recession they inherited. The biggest drop in unemployment under Trump was 1.9-2.1 points. When Trump came into office unemployment was 5.6 When Obama came into office unemployment was 9.8 and went to 10.2 because of the recession.

Stocks increased more under Obama and are now at record highs because the real economy for working Americans is so bad that there is little to no disposable income for many and more people put money into stocks when interest rates are so low. Rates are so low to pump up the economy. Also, stocks are thriving from our 401K investments that could blow up overnight from one more major catastrophe or from another hit of corruption like ENRON,

Dem can fight harder with the facts and I am sure the Biden will in another debate forum.

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When will the Dems give themselves the credit they deserve for low unemployment rates? (Original Post) Boogiemack Sep 2020 OP
Unemployment wasn't 5.6 % when Trump took office it was 4.7% nt doc03 Sep 2020 #1
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