THANKS OBAMA?

The truth is, Trump has so far done little to contribute to the declines in unemployment among blacks and Hispanics—those declines are more a reflection of the sound economic policy of the past decade.
In truth, neither Trump nor Republicans can take much credit for the small amount of improvement that has occurred. According to research from the Federal Reserve, a slight narrowing of this gap, and an improvement in the unemployment rate for blacks and Hispanics, is precisely what is expected after a period of prolonged economic growth. The United States is in the midst of one of the longest stretches of job creation in modern history. And most of that economic growth has been presided over by President Obama, and his appointee for Fed chair, Janet Yellen (whom Trump declined to reappoint).

theatlantic.com/business/archive/2018/01/trump-black-hispanic-unemployment/549932/

Other urls found in this thread:

theatlantic.com
youtube.com/watch?v=uhY9Zxv1-oo
cnbc.com/2018/01/05/black-unemployment-rate-falls-to-record-low.html
heritage.org/budget-and-spending/report/obama-budget-raises-taxes-and-doubles-the-national-debt
speaker.gov/general/five-years-obama-presidency-slow-economic-growth-rising-prices-newnormal
youtu.be/W2rphOihpEo
politico.com/interactives/2017/obama-hezbollah-drug-trafficking-investigation/
twitter.com/NSFWRedditGif

>theatlantic.com

Stopped reading this liberal clickbait shit right there

I agree, they do not deserve applause, but Trump does

>Trump takes office
>Makes changes to the economy
>T... thanks Obama

????
there are more niggers at work than ever

youtube.com/watch?v=uhY9Zxv1-oo

NYT posted that the demand for employees is so high, that some places are hiring people who are in jail.

Crazy.

Yeah, some of them don't just riot and commit crime.

cnbc.com/2018/01/05/black-unemployment-rate-falls-to-record-low.html

Let me explain this process in such a way that your simple mind can understand. The employment figures can be directly correlated to two things: the demand for workers by companies and the supply of workers (by the working class, for example).

Trump's immigration policy is simple: kick out all illegals and prevent any and all immigration from coming. If you suddenly kick out every illegal immigrant living in the US, you would suddenly find their jobs to be empty, in need of someone else to fill them. You essentially created a job by removing someone who had that job previously but wasn't contributing to the tax base (local and federal) because they were illegal.

In short, he kicked out people who had jobs, which left those jobs open for legal Americans to apply for them. Very simple concept.

>Blacks get jobs
>Still bitch about Trump and demand Democrat rule
Why the fuck do they even complain about anymore when they get jobs, standards are lower for them to enter a college than any other race and get more recognition for existing than any other race ??

Yeah, no shit. But that is what makes it so funny. They literally have no ground to stand on now and anything Trump did has to be connected to Obama actually accomplishing it.

Condescending jew.

People will flip it against Trump in some way.

The way I see it, people were finding it harder to hate Obama, than like Trump.

These are small steps and I'm impressed people are actually reporting that unemployment is dropping, stocks and markets are rising, etc.

Because they are fucking stupid.

>everything good is bad
We have always been at war with Eurasia

>ALL FAILURES ARE DUE TO WHITE REPUBLICANS, WHETHER IN POWER OR NOT
>ALL SUCCESS IS DUE TO NIGGER JESUS, WHETHER IN POWER OR NOT

He's actually doing a lot, he's throwing out all the illegals who game the system and collect benefits, thus bringing UP the employment rate :)

blacks dont want jobs though. they want more handouts so they dont have to work

7 more years of this shit, glorious!

Local wally world full of spics and niggers. They all just got a raise and a bonus nationwide. Ask some about Trump, zero negative comments.

Must be hard for libtard media to continue their anti-Trump narrative when theres no one on their side.

Obama did not take responsibility for the economy for his entire presidency!

Obama could only get employment gains by hiring more government workers, while under President Trump, manufacturing jobs are multiplying.

President Trump doing away with job-killing EPA regulations has been a big reason the economy is booming. And Obama's GDP was always weak on his watch.

>more handouts

Honestly, we really don't have much in terms of hand outs. You become homeless or dead if you don't work....... Do we live in the same country?

Oh I thought you were one of those leftist shills trying to convince Sup Forums that Trump's successes were due to Obama's incessant spending policies.

>hose declines are more a reflection of the sound economic policy of the past decade.

Which 'sound economic policy' was that OP?

>"Fuck you w*hite boi! Stop opressing us! We demand equality!"
>"What is this? Jobs ? Education ? A month dedicated to us ? Fuck that shit, nigga! Gimme dem jibs, you racist cracka!"
And they still ask themselves why they are in such a bad state and everybody hates them.

Lefties are not bright enough to think for themselves...why is it President Obama had record number of Americans on Food Stamps, and welfare is on the way down under Trump?

You do know that homelessness was exploding under Obama, while home ownership went down...but Obama's economics were positive?

You lefties are taught what to think, instead of how to think.

This isn't entirely true.

We do have assisted living and monthly federal income for those who are below the poverty line. (And Medicaid for the poor)

Well, I don't think it is anything Trump actually did. I think it is just like the more hopeful effect of him in office over Obama. Think the market and job market is more of belief based type of bullshit. If people are more hopeful they invest ect ect

Think everyone just secretly despised the country being led by a nigger

Uh huh...and there were record number of Americans not even participating in the workforce under Obama.

More people are working under President Trump already, as unemployment claims are lessening...and due to Trump's tax bill, more people have incentive to work by getting more of their own money back.

the actual economists agree that the job increase is because of trump and the expectation that he will and has already reduced Obama crap. It is trumps win dems are just scared because they left blacks in misery indefinetly to get their votes indefinetly. If their situation gets better under trump what do you think will happen? At best they don't vote anymore at worst they vote republican.
This scares democrats and their PR department/mainstream media. This is what is behind it no matter how good it looks they can and will never admit it because it would lose them the black community.

Oh but he did...to be redundant for your benefit, when he rolled back job-killing EPA regulations, manufacturing and construction grew, instantly.

And now there are rumblings about not enough niggers in the tech industry, so they'll soon bend over backwards to change that.. its gonna keep dropping and they'll keep making excuses

What growth? Obama never had positive growth, in all 8 years of his presidency growth was less than inflation. Sage

Speaking of minorities...President Trump has already done more economically for niggers and beaners, than King Nigger himself. Black and Hispanic unemployment are at historic lows, as Obama wanted to keep them on food stamps.

But Trump is seeing positive growth and black unemployment is down so I'd see that as a win.

Obama didn't have positive growth since it never was a priority. He really shirked a lot of his duties onto whitey.

>"Black and Hispanic Unemployment Rates Don't Deserve Applause"
We should pray a meteor falls on these faggots.

>be me hispanic
>working in demolition and remodel company
>there's like 50+ of us working
>all are undocumented
Do they know illegals work under the table right?

name?

SOMEONE EXPLAIN THIS.

If Trump is orange according to liberals that means he is the best colored President in U.S. History.

#DTS
#STB

Obama BTHO!


SVM (you already know)

literally, this. they don't do any critical thinking. just parroting leftist bullshit they're surrounded with and grew up in.

You can't fix what breaks itself

jews

If more people are back in the workfforce, it would stand to reason that some of those are black people in the workforce.

We know how Obama cooked the books on unemployment numbers...he counted government jobs and part time jobs as a net gain, and also americans that were laid off then hired back was also acounted as a gain! Again...food stamp recipients were at an all-time high under Prez Barry. you can only qualify for that if you dont have a pot to piss in.

if unemployment was so low under Obama, why did homeownership drop considerably? How does homelessness go up if the job market is strong?

Learn how to think, instead of being told what to think.

only problem is there seems to have been an actual steady decline under Obama

and no real sudden trump surge.

Lol wtf did he do his whole first term?

So if this is all Obama, then everything good under Obama must have been Bush's fault.

Obama's GDP was always weak on his watch.

- heritage.org/budget-and-spending/report/obama-budget-raises-taxes-and-doubles-the-national-debt

> When he released his new budget proposal on February 1, President Barack Obama asserted that the government "simply cannot continue to spend as if deficits don't have consequences; as if waste doesn't matter; as if the hard-earned tax dollars of the American people can be treated like Monopoly money; as if we can ignore this challenge for another generation

>Yet the President's new budget does exactly that-- raising taxes by $3 trillion and federal spending by $1.6 trillion over the next ten years. If enacted, this budget would increase the 2010 deficit to more than $1.5 trillion, and leave a deficit of more than $1 trillion even after an assumed return to peace and prosperity. Overall, the President's budget would double the national debtover the next decade

>President Obama has harshly criticized the $3.3 trillion in budget deficits accumulated in eight years under President Bush. Yet President Obama is now proposing to borrow $7.6 trillion during what would be his own eight years in the White House. In fact, President Obama would add more to the national debt than every other President in American history from George Washington through George W. Bush combined.

- speaker.gov/general/five-years-obama-presidency-slow-economic-growth-rising-prices-newnormal

>Five years into the Obama presidency, economic “growth is slowing, and there still aren’t nearly enough new jobs to employ the almost 12 million people seeking work,” says the WPost.

>The “share of Americans who work part-time for economic reasons, meaning they can’t find full-time jobs or because their hours have been cut, is 78 percent higher than in December 2007, when the 18-month recession began,” says Bloomberg News – some economists say OCare “exacerbates the trend,” making it harder for small businesses to hire.

>1 year vs 8
+1 for shitposting though user.

Waited for accomodative monetary policy to do its thing.

The Atlantic article is not completely wrong, in that Fed policy is almost entirely to credit for this lengthy boom, but what they're failing to mention is Yellin simply continued policy as established by Bernanke, who was appointed by Bush, and Jerome Powell is not going to do anything different that Yellin or Bernanke did. So, sure, Trump's not really totally influencing that, but neither did Obama in any way at all.

The big impact Trump is having and will continue to have is managing labor oversupply, often called "immigration" by lay people. He's been shrinking the labor pool from the fucking day he took office, which is placing inflationary pressure on wages; i.e., real wage growth is happening for the first time since the 70s. And if they get the cuts they want to legal immigration, we're gonna see a lot more of the same.

fake news - you, like the atlantic, have no rudimentary understanding of the economy, yellen's 0% interest rates or qe 2 & 3 did to prop up the economy during Obama's terms. You are dumb as shit to believe that crap so fuck off loser.

Not to mention double the national debt with a single president.
Is it really hard to have a stable economy when you pump 4 trillion into the stock markets, and another 5 trillion on "Infrastructure"
Obamas whole economy was just printed.

What the fuck do you mean? Where the fuck do you live? I love in s town filled with niggers who won't work a full week or make more money so they don't lose their handouts. Learn something faggot.

American citizens who pay taxes and spend locally are getting jobs over illegal immigrants who work for pennies, pay no taxes and send their money to their corrupt countries! This is outrageous!

k.. keep us posted youtu.be/W2rphOihpEo

Sup Forums said black people don't work so how is unemployment 7%? Doesn't that mean 93% of blacks have jobs?

Maybe untold millions of spics shouldn't have shown up to compete with niggers over a handful of low skill jobs that even now are being lost to automation. Thanks, Obama and Every 20th Century President.

hanks Obama for helping to Destroy American Values and Lives Colluding with Muslim Terrorists.

He did more harm to the Black Community than can be ever realized or imagined.

Obama Hate America, make that hates the Human Race.

politico.com/interactives/2017/obama-hezbollah-drug-trafficking-investigation/

(((they're))) just panicking that Trump's support among blacks has doubled, hence all the MUH RACISM that occurred over the weekend. That Jew Schumer went on some late night show and said Trump could "prove himself" to not be racist by keeping DACA. What a bunch of fucking snakes.

Hey op do the world a favor and kill yourself

>the black and Hispanic unemployment rates don't deserve applause
the following article will then be
>here's why we need to keep importining millions of low skilled workers to america
it baffles me how they are allowed to double speak like this and hardly anyone will call them out.

this
why can't rural and suburban retards understand this simple concept?

(((federal Reserve)))