Originally posted by ROC181
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Obama had the unique disadvantage of taking office in the midst of the worst financial crisis since the Great Depression. More than 4 million jobs were lost in his first year in office, on top of the 4 million lost in George W. Bush’s final year.
Bush’s eight years were marked by 2 recessions, including one that began two months after he took office in 2001.....which explains why job creation on his watch was by far the worst of any post-war administration.
As a result, Obama inherited an economy in free-fall. The unemployment rate peaked at 10.2% in October 2009 during the recession and 8.7 million jobs were lost from early 2007 and 2010....but it started falling steadily in 2011 and that trend continued for the rest of the Obama presidency. Under Obama's 8 years the economy gained a net 11.6 million jobs. The unemployment rate dropped to below the historical norm. Compare that to what Trump inherited from Obama. You can do your own commentary on the Bureau of Labor statistics on the graph below.
Yes Trump is a New Yorker. No he doesn't talk like a New Yorker. On the whole New Yorkers don't like him.....and he doesn't like New York because of it. His business record speaks for itself....he has bankrupted everything he has touched.
To say that China's economic rise coincided with Biden's time in the senate in the 80's that looked favourably on China is the longest bow to draw. You should note that the Republicans controlled the senate during the entire time of Ronald Reagan's 1981 to 1989 presidency
President Xi, like Putin, haven't congratulated Biden yet. You could be mistaken into believing they are hoping Trump may have the election reversed? After all..... https://www.youtube.com/watch?v=wuAHz4i3_x8
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