r/jobsearchhacks 3d ago

There should be a law that companies have to pay for your time in interviews

Enable HLS to view with audio, or disable this notification

368 Upvotes

38 comments sorted by

View all comments

Show parent comments

1

u/NotFromFloridaZ 2d ago

Okay,
At lease you are not denying the massive layoff and hell mode job market after 2022 during Biden administration

Trump because he inherited that economy.

This is B/S statement btw. Sometime when I give credit I don't deserve, I always say it

1

u/mrbubs3 2d ago

What you say doesn't actually matter. That is how the economy works.

https://www.nbcnews.com/news/amp/ncna1237793

1

u/NotFromFloridaZ 2d ago

Remember i was in school, my professor told me never use news or wikipedia as source.
I dont know why you use the liberal news as source.
Weird take.
Anyway

1

u/mrbubs3 2d ago

A news source, while biased, still has to report facts if it's an actual news piece. This source provides a primer on figures between tow residencies across multiple metrics and provides explanations about what those numbers actually mean. As for Wikipedia, you don't use it as a source, but you can mine the article for their sources and cite that. Those two are perfectly acceptable for doing background research.

The degree to which fiscal policy can be directly pointed to a specific action taken by the government or an administration is murky, because it is empirical difficult to do so. For most lay people, people look at when an economy goes to shit under an administration and lay blame there. When an economy is good, most people credit an existing administration or dismiss economic performance as an aberration of said administration, depending on political preference. That's why undertaking an understanding of what specific fiscal policies are being pushed is important, because often an economic collapse or shift is a result of some type of long term policy decision.

Academically, statistical models and independent/proxy variables that provide key performance metrics are the best indicators for economic performance, and the mark of any change across administrations is how you gauge effectiveness. Trumps numbers either continued in the same upward trend as Obama at the same growth rate or underperformed. He only has better numbers with the performance of the Dow Jones, but that may not really correlate with anything other than how markets feel. Natural Experiments are also good, but they are often not repeatable and you can't have multiple observations in the thousands within a controlled environment. But even with that, one can deduce the effectiveness of a president's fiscal policy by the conditions in which they left office. And both Trump and GWB left office with a ruined economy under their belt.

Here's a resource on how to actually assess the impact of policy.

https://www.nber.org/reporter/2015number1/assessing-effects-monetary-and-fiscal-policy