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No one is arguing whether Obama did well or not during his time in office. So I really wont even address the first part as it has no relevancy.
Trumps policies, as I already showed from the govt published data, had equivelant loss of work hours (and pay) as the USA, so while Trump certainly did a poor job handling the pandemic in many ways, plain and simple unemployment absolutely wasnt one them as the data very clearly shows.
Not to mention we know why... I get thatyyou want to hate Trump so much that you must blame 100% of bad metrics on him and 100% of good metrics on obama, but the reality is always more nuanced.
We know quite well, and its obvious basedon the nature of QE what its effects are.. QE results in a huge spike in employment rate, and the value of companies spike,a nd even economies recover very quickly int he short term.. this is why anyone would ever bother with QE at all... We also know the long term result of QE is massive inflation rates over long periods of time and ultimately a loss of the value accumulated in the short term.
Well thats what we saw, exactly what QE does, and it **is** trumps fault.. we saw the hugely accelerated spike in employment rates (record breaking even!) and no this isnt from obama who had at best a moderate employment rate increase, the rate was much much higher after trump initiated QE than obama ever reached. Also as expected we now see the tell tale long term inflation spike we are struggling to deal with.
Yea trump is to blame for the unemployment rate, it was a record, but its hardly a good thing he did...
