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Old 03-06-2019, 07:40 AM   #2
JohnR
Certifiable Intertidal Anguiologist
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Join Date: Feb 2000
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The economy will always be due for a recession. Soon.

But 3%, after some rocky potholed roads, is pretty good. Particularly when many (cough Obama cough) considered 2% the new normal and we'd better get used to it.

Probably the biggest thing Trump did was nothing; NOT over regulating private industry. Yes we need regulation but Dems tend to over regulate.

Quote:
Looking at the national jobs numbers, the first two years of the Trump Administration compare favorably with the last two years of the Obama Administration, with the nation’s employers adding about 28,000 more private sector jobs under Trump than under Obama.


The huge difference is in the manufacturing sector—a vital part of the economy that, after the initial bounce back from the deep recession a decade ago, fell into the doldrums under Obama. So much so that the former president said that those jobs “.”



Yet in Trump’s first two years, manufacturing jobs have grown at a 714% faster rate than under Obama’s last two years.

A big reason for the sluggish manufacturing job growth of previous years was the burdensome regulatory climate under Obama. This is partly reflected in the jobs numbers as well when, during Obama’s last two years, government added six times the employees of manufacturing. But under Trump, five times more manufacturing jobs were added than government jobs.
https://www.forbes.com/sites/chuckde.../#5f0f2fd27665

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