Yesterday, in conjunction with the absolutely amazing .............. horseshit that spewed out of his mouth justifying his decision to renege on our country's promise to all of the other countries in the world to work towards leaving an inhabitable planet for our progeny, he took the opportunity to throw some figures out there, suggesting he's had a huuuuuuuuge positive effect on our country's economy. Well, the figures he threw out there are true when isolated to the last three months, but don't smell as grandiose (mixing my metaphors) when placed in a larger context.
What d. j[ackass] said was:
"Before we discuss the Paris Accord, I'd like to begin with an update on our tremendous, absolutely tremendous economic progress since Election Day on November 8th. The economy has started to come back and very, very rapidly. We've added .......... more than a million private sector jobs."
First of all, why in hell do his handlers think they can claim responsibility for all positive economic news since election day? That is plain out stupid and meant only for stupid people to consume. Of course his handlers wrote "private sector" because this does not include government jobs at the local, state and federal levels.
CNNMoney tracks net jobs including private and public sector jobs (in other words, all jobs). Since the beginning of the year, there has been a net increase of 594,000 jobs. Well of course that begs the question, what about the other 406,000 jobs if there have been a million jobs added? And since he said "more than", then I'll take it a step further and ask, where's the other half million.
CNNMoney tracks net jobs including private and public sector jobs (in other words, all jobs). Since the beginning of the year, there has been a net increase of 594,000 jobs. Well of course that begs the question, what about the other 406,000 jobs if there have been a million jobs added? And since he said "more than", then I'll take it a step further and ask, where's the other half million.
Neither of these figures are wrong. They're both true. So what we, the 'consumers' of this information need to 'figure' out is what these numbers truly mean when taking in the meaning of each number in relation to the other. The figures don't lie, but the liars sure do figure.
Today is my day off, so I tuned into John King's show on CNN, Inside Politics with John King. He presented a graph titled Jobs Added. It measured job growth as reported by the government, from June of 2016 to May of 2017, one year. I've included a link to the video of the show so you can get a visual check on trump's oversold achievement. The segment starts at the 12:25 mark.
https://www.youtube.com/watch?v=coUQNvH0Jwo
Yes, jobs have continued to be added in the months since the inauguration, but the number of new jobs added per month pale in comparison to the months of January 2017 back to June of 2016. I also suggest that giving any administrator credit for any economic successes or failures four months into her or his term is like suggesting that the commander of an aircraft carrier says change course and it happens in four minutes. It simply doesn't work that way.
https://www.youtube.com/watch?v=coUQNvH0Jwo
Yes, jobs have continued to be added in the months since the inauguration, but the number of new jobs added per month pale in comparison to the months of January 2017 back to June of 2016. I also suggest that giving any administrator credit for any economic successes or failures four months into her or his term is like suggesting that the commander of an aircraft carrier says change course and it happens in four minutes. It simply doesn't work that way.
Lastly, I will point out that there was an open letter to trump in The Wall Street Journal, from many CEOs of major corporations, asking trump to remain committed to the Paris Climate Accord. Below, is a list of the companies whose CEOs signed the letter:
3M Company Allianz SE Bank of America Corp. BROAD Group
Campbell Soup Company Cargill Inc. Citigroup Inc. The Coca-Cola Company
Corning Incorporated Cummins Inc. Dana Incorporated The Dow Chemical Company
E.I. DuPont de Nemours & Company General Electric The Goldman Sachs Group, Inc.
Harris Corporation Johnson & Johnson JP Morgan Chase Kering
Morgan Stanley Newell Brands Inc. Pacific Gas and Electric Company
Procter & Gamble Company Royal DSM Salesforce Solvay
Tesla Inc. Unilever Virgin Group The Walt Disney Company
Although these are two separate subjects that I have brought forward today, he presented them at the same time, so I f eel free to combine them as well. The only way that I am able to tie them together is to note that in one of the fastest growing business and manufacturing sectors on the planet, clean energy, trump has just shot us in the collective foot. Without government support and subsidies in this industry that is just in its infancy, its groth will be stunted like an under nourished child.. The price will not be driven down due to economies of scale. I should say, we won't be the one's reaping the benefits of the economies of scale, China will, and they will have the lock on the next big thing. In the next four years China has pledged $360 billion (with a 'B') and 13 million jobs to clean energy. By reneging on the climate accord, trump has trumped us.
In closing, I need to note that as the chief liar, trump is the liar in chief. Today, I saw a picture that asked the question, 'what's the difference between trump and a sack of shit?' The answer was, 'the sack', but I beg to differ. The answer is not 'the sack', the answer is, 'the sack of shit doesn't lie'.
http://money.cnn.com/2017/06/01/news/economy/trump-1-million-private-sector-jobs-paris-speech/
https://hbr.org/2017/05/u-s-business-leaders-want-to-stay-in-the-paris-climate-accord
Campbell Soup Company Cargill Inc. Citigroup Inc. The Coca-Cola Company
Corning Incorporated Cummins Inc. Dana Incorporated The Dow Chemical Company
E.I. DuPont de Nemours & Company General Electric The Goldman Sachs Group, Inc.
Harris Corporation Johnson & Johnson JP Morgan Chase Kering
Morgan Stanley Newell Brands Inc. Pacific Gas and Electric Company
Procter & Gamble Company Royal DSM Salesforce Solvay
Tesla Inc. Unilever Virgin Group The Walt Disney Company
Although these are two separate subjects that I have brought forward today, he presented them at the same time, so I f eel free to combine them as well. The only way that I am able to tie them together is to note that in one of the fastest growing business and manufacturing sectors on the planet, clean energy, trump has just shot us in the collective foot. Without government support and subsidies in this industry that is just in its infancy, its groth will be stunted like an under nourished child.. The price will not be driven down due to economies of scale. I should say, we won't be the one's reaping the benefits of the economies of scale, China will, and they will have the lock on the next big thing. In the next four years China has pledged $360 billion (with a 'B') and 13 million jobs to clean energy. By reneging on the climate accord, trump has trumped us.
In closing, I need to note that as the chief liar, trump is the liar in chief. Today, I saw a picture that asked the question, 'what's the difference between trump and a sack of shit?' The answer was, 'the sack', but I beg to differ. The answer is not 'the sack', the answer is, 'the sack of shit doesn't lie'.
http://money.cnn.com/2017/06/01/news/economy/trump-1-million-private-sector-jobs-paris-speech/
https://hbr.org/2017/05/u-s-business-leaders-want-to-stay-in-the-paris-climate-accord
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