Biggest reason for economic “turnaround” is a bunch of people who were pretending the economy was worse than it was are now pretending it’s better than it is.
Here's a graph of unemployment starting in 2009. Do you see a big turnaround in 2017?pic.twitter.com/VRnecAocnN
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Yes, I do when you look at the numbers before 2016 through Obama years, they’re horrific.
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Under 5%, which the US hit in 2015, isn't horrific at all. Latest is 4%. Hard to say 5% is horrific and 4% is great. And the most important metric for evaluation is the trend. It's been steadily down since the Great Recession. The downward rate barely changed.
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Obama also inherited a recession economy, which when you have a low base you have no where to go but up, especially when you create false employment which adds to spending & GDP. Which he did.
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