Jobs, Jobs, Jobs. Or Not So Much.

@TBPInvictus here:

Trump’s fond of talking about jobs, jobs, jobs, and how they’re “pouring” back into the country and being created in record numbers.

Are they?

let’s look at the private sector job growth for the past 18 months (since Trump’s inauguration) versus the 18 months prior to that (Obama’s last 18 months). What do we see?

A picture is worth a thousand words, and this picture is a non-starter: 190k/month versus 190k/month. Despite massive deregulation, tax cuts (and a ballooning deficit), walking away from any number of treaties, various trade wars and tariffs. The net results over the following year and a half has been . . . no change.

I guess “Keep American Jobs The Exact Same it Was Under Obama” was too long to fit on a hat . . .

 

click for ginormous graphic

Source: FRED