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Trump's Employment Numbers Are In - YouTube
Channel: The Young Turks
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>>DONALD TRUMP LIKES TO TALK TO
THE FACT, OR IN HIS IDEA, THE
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"FACT," THAT HE HAS INCREASED
JOBS IN THE UNITED STATES, HE'S
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A BIG JOB CREATOR AND IT'S
BECAUSE OF HIS POLICIES ON
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EITHER CUTTING TAXES OR TO
REGULATE IN THINGS.
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BUT IN
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REALITY IF YOU LOOK AT THE
NUMBERS, AND THIS IS ACCORDING
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TO THE BUREAU OF LABOR
STATISTICS, AND ALSO BLOOMBERG,
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2017 WAS THE YEAR THAT JOB
CREATION SLOWED CONSIDERABLY.
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IN
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FACT, TRUMP'S MUCH-HYPED JOB
BOOM WAS ACTUALLY THE WORST YEAR
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OF JOB CREATION SINCE 2011 AND
WE HAVE THE NUMBERS TO PROVE IT
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BUT CENK WILL DEFEND TRUMP BANK
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>>A LITTLE BIT.
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>>WE WILL GET TO THAT
IN
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A
SECOND.
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ACCORDING TO BLOOMBERG
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--
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>>IF YOU GO TO THE BUREAU OF
LABOR STATISTICS, THE NUMBER OF
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JOBS CREATED LAST YEAR WERE THE
FEWEST IN THE YEAR SINCE 2011,
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AND HERE IS A GRAPH TO KIND OF
SHOW YOU HOW THINGS PLAYED OUT
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THROUGHOUT THE YEAR. 2011 BEING
THE FIRST YEAR SHOWN ON THAT
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GRAPH, YOU CAN SEE THE DIP FROM
2014 TO 2017.
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EVEN FOX NEWS HAD
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TO ADMIT THAT THE JOBS CREATED
UNDER TRUMP'S PRESIDENCY WERE
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LACKLUSTER, OR THE NUMBER WAS
LACKLUSTER.
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THEIR TWEET SHOWS
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YEAR BY YEAR HOW MANY JOBS WERE
CREATED, 2017 WAS THE LOWEST
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NUMBER SINCE 2011.
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WITH THAT
SAID, YOU HAVE TO KEEP IN MIND
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THAT THE UNEMPLOYMENT RATE IS
EXTREMELY LOW SO CENK, THIS
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IS YOUR OPPORTUNITY TO JUMP IN.
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>>A COUPLE THINGS HERE.
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HE SAYS
HE'S NUMBER ONE WITH JOBS, IN
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TWEET AFTER TWEET, SOMETHING
ABOUT HOW GOD WILL BE AMAZED AT
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HOW MANY JOBS HE CREATES OR
SOMETHING.
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OKAY, IF YOU ARE THAT
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OVER THE TOP I GUESS YOU HAVE A
HIGHER HURDLE TO CLEAR AND HE
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DIDN'T CLEAR THAT HURDLE BECAUSE
CLINTON AND OBAMA, ETC., WERE
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BETTER ON AVERAGE.
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BUT TO BE
FAIR, AND THIS IS A FUNNY KIND
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OF BACKHANDED COMPLIMENT TO HIM,
OBAMA CREATED SO MANY JOBS THAT
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THERE AREN'T THAT MANY JOBS LEFT
TO CREATE.
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SO FOR EXAMPLE WE
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LOST ABOUT 8.7 MILLION JOBS
DURING THE RECESSION UNDER BUSH.
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OBAMA, AND AGAIN I'M JUST TRYING
TO BE FAIR, YOU LOSE ALL THOSE
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JOBS, THEN OBAMA ADDS ALL OF
THEM BACK, YOU GIVE HIM CREDIT
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FOR THAT, TREMENDOUS CREDIT, BUT
HE HAD TO ADD THEM BACK BECAUSE
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THERE WAS A RECESSION.
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THEN YOU
PUT A GRAIN OF SALT ON HOW MANY
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JOBS OBAMA ADDED BACK BUT HE DID
THE RIGHT THINGS AND GOT THEM
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BACK AND HE'S PART OF THAT
PUZZLE.
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NOW THE ON EMPLOYMENT
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RATE IS LOW ENOUGH THAT IT'S
HARDER TO BRING IT DOWN LOWER.
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SO TRUMP HAS ADDED JOBS, HE
HASN'T BEEN ABLE TO ADD AS MANY
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AS OBAMA, BUT HE DIDN'T START IN
AS BIG A HOLE AS OBAMA DID, HE
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STARTED IN PRETTY GOOD SHAPE.
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SO
IF YOU WERE BEING FAIR, IF TRUMP
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WAS BEING FAIR, HE WOULD SAY
OBAMA DID AN AMAZING JOB OF
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CREATING ALL THESE JOBS SO I
DIDN'T HAVE AS MANY JOBS TO BE
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ABLE TO CREATE BUT I
DID PUT A GOOD JOB.
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AND THAT WOULD BE FAIR.
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>>I ACTUALLY DON'T LIKE THE WAY
THAT THE DATA IS PRESENTED IN
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REFERENCE TO JOBS, BECAUSE WHAT
DOES IT MEAN, WE CREATED 2.06
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MILLION JOBS IN 2017?
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OKAY, WHAT
IS THE QUALITY OF THOSE JOBS?
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WILL IT PROVIDE A ROOF OVER YOUR
HEAD OR FOOD ON THE TABLE FOR
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YOUR FAMILY?
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I WISH THE
CONVERSATION FOCUSED ON THE
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QUALITY OF JOBS CREATED RATHER
THAN THERE WERE MILLIONS OF JOBS
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CREATED UNDER MY PRESIDENCY.
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I
DON'T CARE.
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THAT'S REALLY
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IRRELEVANT TO ME WHEN WE TALK
ABOUT THE WAGES AND HOW STAGNANT
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THEY HAVE BEEN, AND YES, WAGES
HAVE GONE UP SLIGHTLY, BUT THE
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MAIN WORD THERE IS SLIGHTLY.
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IT HASN'T KEPT UP WITH
INFLATION, AND THAT'S THE
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BIG ISSUE.
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>>I THINK HE'S TALKING ABOUT
CREATING JOBS FOR MORE
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MCDONALD'S WORKERS WHO MAKE HIS
FOOD.
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THERE ARE A WHOLE LOT MORE
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MCDONALD'S WORKERS.
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I COME HERE
TO MAKE MY COMMENTARY, I'M A
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STANDUP COMEDIAN, I'M NOT AN
EXPERT OR A POLITICAL PUNDIT,
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THAT'S WHAT THESE GUYS ARE HERE
FOR, BUT WHAT I WANT TO SAY
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ABOUT THIS IS THAT AS OBAMA WAS
A POLITICIAN, AND AS CORRUPT AND
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AS MESSED UP AS POLITICIANS ARE,
HE SEEMS TO BE THE BAR FOR
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DONALD TRUMP BECAUSE EVERYTHING
HE DOES IS IN COMPARISON TO WHAT
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OBAMA DID, AND OBAMA REALLY MADE
SUCH AN IMPRESSION.
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WHEN I SEE
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THOSE TWEETS WITH THE LETTER O,
IT'S LIKE AN OBSESSION WITH
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OBAMA AND UNDOING WHAT HE DID
BECAUSE HIS BASE HATES OBAMA
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BECAUSE HE WAS A BLACK MAN IN
THE WHITE HOUSE.
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BUT CAN YOU
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STOP TWEETING ABOUT OBAMA AND
EVERYTHING YOU DO IN COMPARISON
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TO WHAT OBAMA DID, AND JUST SET
YOUR OWN BAR AND YOUR OWN
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STANDARD BECAUSE IT'S
GETTING KIND OF OLD.
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EVEN THE PEOPLE WHO LOVE DONALD
TRUMP ARE GETTING TIRED
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ABOUT HEARING OF OBAMA.
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>>OR CAN YOU JUST STOP TWEETING?
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>>THAT'S AMBITIOUS.
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>>MICHAEL SHURE EARLIER MADE A
SIMILAR POINT, AND IT WAS THE
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ONE WHITE HOUSE CORRESPONDENTS
DINNER I WAS AT, WHEN OBAMA MADE
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FUN OF TRUMP.
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AND TRUMP WAS SO
MAD AT THAT.
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AND YOU KNOW THE
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RACIAL COMPONENTS TOO, LIKE, WHO
IS THIS GUY TO MAKE ONE OF ME?
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IT GOT UNDER HIS THIN SKIN.
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TO
THE SUBSTANCE OF THE JOBS ISSUE,
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ANA IS OVERWHELMINGLY RIGHT
HERE.
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AND BY THE WAY, IT'S FAIR
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TO CRITICIZE BOTH TRUMP AND
OBAMA.
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>>ANY PRESIDENT.
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>>IT'S NOT THAT JOBS CREATED ARE
IRRELEVANT, IT'S BETTER TO HAVE
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JOBS THAN NOT, BUT THE QUALITY
OF JOBS IS A NORMATIVELY
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IMPORTANT AND THE ONES THAT WERE
CREATED UNDER OBAMA WERE ALSO
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NOT VERY GOOD.
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THE ONES CREATED
UNDER TRUMP, ALL OF THESE ARE
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LOW-WAGE JOBS.
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AND IT'S NOT
BECAUSE OF OUR PRODUCTIVITY,
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AMERICAN WORKERS HAVE DONE A
FANTASTIC JOB, PRODUCTIVITY IS
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SKY HIGH AND HAS BEEN
THROUGHOUT.
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BUT IN 1978 WAGES
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FLATLINED, IF YOU LOOK AT THE
CHART IT'S LIKE THIS FOR
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PRODUCTIVITY, IT GOES JUST LIKE
THAT, SO YOU WERE DOING A
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WONDERFUL JOB, WORKING YOUR ASS
OFF, AND WAGES ARE GOING UP
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UNTIL 1978 AND THEN IT FLAT
LINES.
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THE SYSTEM IS RIGGED,
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THEY RIGGED IT BY MAKING SURE
THE MINIMUM WAGE STAYS LOW AND
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GIVING CORPORATIONS
MORE TAX CUTS.
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THAT'S THE MOST IMPORTANT PART
OF THIS FALLACY.
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>>I JUST CAME FROM A LITTLE
STEEL TOWN IN PENNSYLVANIA WHERE
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I WAS PERFORMING LAST WEEK, ALL
THOSE STEEL FACTORIES ARE
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CLOSED, AND THOSE PEOPLE REALLY
THINK HE'S GOING TO BRING THAT
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BACK.
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WE WERE TALKING TO THESE
PEOPLE, AND THEY REALLY THINK,
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THEY BELIEVE IN HIM, THAT HE
WILL CREATE THESE JOBS IN THEIR
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TOWN WILL BE BLOOMING AGAIN.
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AND
THAT'S THE SAD THING, IS THAT --
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>>AND WHEN THEY COME TO FIND
OUT THAT HE DIDN'T, THEY WILL BE
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PRETTY PISSED.
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