Posted on 09/01/2017 5:06:06 AM PDT by Early2Rise
https://www.youtube.com/watch?v=tsvud_CTRuk
Peter Schiff discusses with Joe Rogan: Trump's praising of the jobs numbers he correctly dismissed as phony while a candidate.
Here's the 8 min segment of a much longer interview which can also be found on youtube (search "Peter Schiff Joe Rogan" to see the recent one and a 2014 version)
https://www.youtube.com/watch?v=Nay0smS4j9g
"Governments change, the lies stay the same"
Peter Schiff is a jackass and Trump-hater.
He voted for Trump!
I’m pretty sure he voted for Donald Trump last November.
Peter misses the “BIG” picture. The media extolled Obama’s success in bringing “down” the unemployment numbers.
Trump is merely using the same yardstick to stick it to the media.
Besides, the jobs numbers reported by the Onumbnuts administration WERE false. Provably cooked.
I'm just saying that I have heard nothing from Schiff but complaints about Trump (which he seems to be doing in this video).
Yet another in a long line of fools.
Not such a reversal at all by Trump.
Under President Obama, the unemployment rate fell simply because American citizens abandoned the search for good jobs. There was growth in the number of jobs, but this barely kept pace with the two million immigrants, legal and illegal, coming to America annually, and the demographic growth of the working-age population.
Under President Trump, the net flow of immigrants has virtually halted. The working-age population, in fact, is now declining. And yet, job growth still persists at more than two million per year and may, in fact, be accelerating. Yet the unemployment rate is barely budging? This is because the ridiculously inflated employment rate is becoming less and less inflated.
To oversimplify: Trump’s job growth is coming from Americans re-entering the work force; Obama’s was from immigrants taking American jobs as Americans left from despair.
How is it a reversal? Trump is clearly making some REAL progress. Consumer confidence, deregulation, and the potential of true tax cuts is boosting jobs.
NONE of that was present during Hussein’s seizure of power.
This seems to be apple and oranges, doesn’t it?
Peter lies. Trump has pointed out that he still thinks the numbers are flawed even though they have changed for the better. I’ve seen it on video.
It’s the methodology behind the government numbers that is flawed, not the fact that unemployment is lower.
Exactly! Trump was right to point out the problems with these measures. However the media ignored these rational points and kept touting Obamas purportedly “great” economic success using them. All trump is now doing is pointing out the hypocrisy by forcing them to measure his administration by the same yardstick. Notice how these metrics don’t matter anymore to the media. If obama was great, Trump is greater. They are in a box! Trump rightly should keep shoving these metrics in their face and when they balk, whip out all their wonderful articles defending them.
I got that. Just as I was not referring to Schiff being a jackass. That's a given. I was referring to the jist of the article.
If we wanted liberal BS we would have voted for liberal BS...
He voted for Trump!So? What does that prove?
So did Ryan and McConnell along with a lot of other open borders, globalist douche bags.
Clearly the labor participation rate has improved with Trump (from your graph)
Trump has changed our expectations which is an unheralded factor in economic growth
3.0% annual GDP growth is some unfamiliar territory lately
If that’s the case then fine, but I’m not so sure.
How is the WPR?
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