Quote:
Originally Posted by whell
The raw job add numbers have never told the whole story.
http://money.cnn.com/2016/11/04/news...s-under-obama/
The U.S. has had the longest streak of job growth under Obama. For 73 straight months, the U.S. has added jobs. But as CNNMoney has pointed out before, the total job gains under Obama are far fewer than under Presidents Reagan and Clinton. The question is, how good are those jobs?
All the net job gains under President Obama have been in the private sector. Government jobs have actually declined by 341,000 since February 2009 (the first full month Obama was in office). That said, the government jobs that were lost were all at the state and local level.
The bottom line is: Almost all of the job gains under President Obama have been in so-called service jobs, such as those in Silicon Valley and consulting. Others are the low-end jobs, toiling in stores and restaurants.
Brusuelas found that 47% of the jobs created since January 2010 (he argues that's when you start to see the effects of Obama's policies) have been in the high-wage category.
...and those Silicon Valley folks continue to lobby for increased immigration. Lots of articles out there about how a good chunk of those Silicon Valley jobs have gone to "foreign born" workers.
Good for them, I guess, but it suggests that whatever recovery in jobs we may behaving is not necessarily benefiting those who were working in decent paying jobs before the "great recession". So the idea that this jobs growth is "good news for main street" probably rings hollow to the folks on main street. |
Meanwhile Republican'ts stymied any policies, such as infrastructure spending that would've helped. Lot's of good paying blue collar jobs in infrastructure but since it would've been a feather in this president's cap they refused to even give it a vote.
Face it Whell, your party of no puts itself ahead of what's good for the country. Every. Time.
11-05-2016, 12:51 PM
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