Friday, May 22, 2020

Debunking Randy Shipley's anti-Trump Argument of August 2019 Part 10

Randy Shipley: Oh and by the way - Job growth in Trump's first 29 months was 800,000 less than the previous 29 months [REPEAT POINT]

This statement is misleading. The job growth rate has been steady since it dipped in 2009/2010. This means that even if there were fewer jobs created now than before... The fact of the matter is that more jobs are being created, and more people are employed now than when Obama was in the White House. Unemployment rates have gone down at record levels, and worker participation in the market has gone up at levels not seen over the past few decades.

Bottom line, more people are working now than the number of people working when the last president was in office. 

Randy Shipley: regardless how you want to spin this decrease in job growth it is a fact. [REPEAT POINT]

Again:

According to an August 2, 2019, New York Times report, the growth rate slowed but remained solid... With 164,000 jobs added in July. Get that? "Added". Job growth is still job growth. When the liberal New York Times calls it "stable", it works against your attempt to downplay it.

These numbers will fluctuate on a by month basis, just as they've done under Obama, Bush, Clinton, etc. The fact that you'd zero in on "job growth down" speaks volumes of your animosity against President Trump... Which is driving your responses on this thread and elsewhere.

[As of September 2019] Did we have job growth after President Trump took office? YES [   ] NO [   ]

[As of September 2019] Has unemployment gone down since President Trump took office? YES [   ] NO [   ]

[As of September 2019] Has unemployment gone down for minority groups since President Trump took office? YES [   ] No [   ]

Copy and paste these three questions to your reply. Put an "X" in the box that represents your reply. Spare me any additional thoughts that you'd want to add to your response.

Randy Shipley: And regardless how you spin it, 

That's not spin, but fact. You conveniently ignored the drop in deficit long before the Democrat Congress contributed to raising it. More on that later.

Randy Shipley: the annual deficit has gone up under Trump and is continuing to rise, after Obama reduced the annual deficit from $1.4T in 2009 to $665B in 2017. Trump has now increased it to an estimated deficit to $960B and will start topping $1T in 2020 [REPEAT POINT]

Again, you're confusing debt with the deficit. Deficits and surpluses have everything to do with whether the government is spending more or less than what it receives. Even if we have a surplus, we still have the debt. We still had the national debt under President Clinton, despite the surpluses that we had.

The deficit declined from 2004 to 2007, even with both the ongoing Iraq and Afghanistan wars.  It wasn't until 2007 that the deficit climbed again. Keep in mind that it's Congress, not the President, who is in charge of the budget. Congressional action dictates whether we end up with surpluses or deficits. The Democrats won in 2006 and took both houses of Congress starting in 2007. Notice that it was in 2007 that the deficit started to shoot up.

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