Friday, December 29, 2017

2017 Job Creation Was Not As Great As Trump Claims



Trump has bragged several times about what a great job of growing jobs his administration has done -- even though he did nothing to spur growth or job creation. As these charts from the Economic Policy Institute shows, 1) the economy was already heading in the right direction before Trump took office and 2) the average monthly job creation during 2017 was actually lower than in any of the previous six years under President Obama.

The top chart shows there is room for job creation to grow significantly. The bottom chart shows it has slowed under Trump. And now that his gigantic trickle-down giveaway to the rich and corporations has passed, and will soon be partially paid for by cuts to programs helping ordinary Americans, I'm betting the average monthly job creation looks even worse in 2018.

No comments:

Post a Comment

ANONYMOUS COMMENTS WILL NOT BE PUBLISHED. And neither will racist,homophobic, or misogynistic comments. I do not mind if you disagree, but make your case in a decent manner.