Donald Trumpet blew his own horn again last week, loudly as usual. The presumptive-president-elect was claiming victory (again) after what can only be described as a mediocre performance, at best.
Trump says he "saved 1000 jobs" at a plant in Indiana, but he conveniently neglected to mention that another 1300 jobs at that same company are still headed to Mexico. Plus, it's not really 1000, it's much closer to 800. So that means that 500 jobs are temporarily staying home, but there is no binding agreement that keeps those jobs permanently in the United States. The original plan to move those operations was not scheduled for completion until 2019, so we won't really know for years whether they even stayed or not. And it only cost millions of dollars of Hoosier taxes to complete this "deal". We wrote about the whole fiasco here.
This latest episode of "Trump in Wonderland" raises a comparison between Barack Obama and this dramatic Batman-to-the-rescue story from Indianapolis. After all, if saving 500, or even 1000 jobs is so impressive, then how well has Obama been doing these last eight years?
How does Trump compare to Obama on the jobs problem?
Has Obama ever "saved" 500-1000 jobs before?
This is actually an easy question to answer. A quick look at the FACTS shows that Trump couldn't carry Obama's jockstrap when it comes to job creation and/or retention.
The Obama Administration has "created" more than 11-million jobs over the past eight years. That works out to an average of nearly 4,000 per DAY.
There were 161,000 jobs added to the United States economy in October, 2016. That's an average of more than 5,000 per DAY.
There were 156,000 jobs added to the United States economy in September, 2016. That's an average of more than 5,000 per DAY.
The job gains itemized above are just a glimpse into the overall national economic picture. A detailed summary of job gains and losses over the past years can be found here.
Overall, the official Unemployment Rate dropped from about 10% (where George Bush left it) when Obama took office, to less than 5% now (4.6%). After a bumpy first two years, those numbers have been on a gradual downward slide during the entirety of the Obama Administration.
Trump was squawking like a goose about his great "jobs victory",
but it pales in comparison to what Obama has been doing
on a regular basis for years.
The Carrier deal is just another example of Donald
blowing his Trumpet about Donald.
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