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Started By
Message
re: Unemployment rate drops to 4.1%.
Posted on 11/3/17 at 9:09 am to Homesick Tiger
Posted on 11/3/17 at 9:09 am to Homesick Tiger
quote:
See the difference. If you're being honest here, I don't remember the "participation rate" mantra being used against him in Obama's first year. Do you?
I wasn't on this board in his first year.
Also, the unemployment rate was rising in Obama's first year, so your entire point isn't really applicable here.
0
Posted on 11/3/17 at 9:18 am to RIPMachoMan
quote:
I am genuinely interested in which slashed regulation(s) caused unemployment to be higher... Any help in providing that?
quote:
"The results are substantial: new regulatory burdens are a fraction of those established under President Obama's first six months; overall regulatory volume has slowed to historically low levels; and a number of notable deregulatory measures have been initiated," said AAF's Dan Goldbeck.
The report reviewed the first 200 days of regulatory actions by the Obama and Trump administration:
Total final rule costs: $24.4 billion for Obama vs. $1.2 billion for Trump.
Annual final rule costs: $4.2 billion for Obama vs. $378 million for Trump.
Paperwork burden: 6,803,249 hours for Obama vs. 848,239 for Trump.
"Compared to the Obama administration, the Trump administration has imposed: 1/20th of the lifetime costs, 1/11th of the annual costs, and 1/8th of the paperwork. With nearly 6 million fewer paperwork burden hours, that amounts to the workload savings of roughly 3,000 full-time employees," said the AAF report.
LINK
Posted on 11/3/17 at 9:22 am to Homesick Tiger
quote:
See the difference. If you're being honest here, I don't remember the "participation rate" mantra being used against him in Obama's first year. Do you?
The biggest theme at the time was debunking the admin's justification for the Stimulus package.
Remember this graph posted and updated almost every month:
Posted on 11/3/17 at 9:33 am to GumboPot
quote:
The results are substantial: new regulatory burdens are a fraction of those established under President Obama's first six months
well that's a shitty and low bar
have burdens been reduced, or are they just growing more slowly?
Posted on 11/3/17 at 9:36 am to GumboPot
My fondest memory of all that was the fake districts the Stimulus was going to do projects in. 
Posted on 11/3/17 at 9:46 am to GetCocky11
quote:Just curious to know, does this include only US citizens, or is this also tracking those here who are on visas, have green cards or are undocumented? I am not clear on that.
Labor force participation rate goes down to 62.7%
Posted on 11/3/17 at 9:48 am to HubbaBubba
quote:
Just curious to know, does this include only US citizens, or is this also tracking those here who are on visas, have green cards or are undocumented? I am not clear on that.
Good question. I'm wondering if this is a function of HB1 visas expiring and the admin not reupping the HB1 numbers?
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