Orangeburst
Attention all Planets of the Solar Federation
- Joined
- Jun 19, 2008
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Per FactCheck.org: During Barack Obama's presidency:
Your posts never include anything of substance. You never support your claims with any facts or data.
- The economy gained a net of 11.6 million jobs (an 8.7% increase). The unemployment rate dropped from 7.8% in January of 2009 to 4.7% in January of 2017. It is currently at 3.6%.
- Average weekly earnings for all workers were up 4% after inflation. The gain was 3-7% for just production and non-supervisory employees.
- After-tax corporate profits also set records, as did stock prices. The S&P 500 index rose 166%.
- Home prices rose 20%.
You need to be careful when citing percentage statistics as they need to be relative. Obama started with such poor metrics an increase could look good on paper as these metrics were so far in the gutter. @AM64 could better answer it as he can better articulate, but example:
One increases from a 100 to 150. 50% growth
One increase from 150 to 210. 40% growth but has a better net.
Job participation rates, full time vs part time jobs, etc could also account for differences.
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