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The Trump Economy


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WITH ALACRITY: How Trump Turned Around Obama’s Anemic Economy.

 

GDP growth is an abstraction. What people actually feel are jobs and “job security”—are they afraid of losing their job in the near future? And here, it could be argued, Republicans have an even better argument. Not only is unemployment down to 4 percent, but most Americans believe the U.S. economy is improving. In fact, the job market is so hot that, for the first time ever recorded, there are more job openings than unemployed workers to take them.

 

That feeling is buoyed by stories about employers dropping requirements for college degrees. According to at least one analysis, the share of job postings requiring a college degree is falling as employers struggle to find workers to fill open jobs. Some businesses are even hiring job seekers who fail the drug test, making drug treatment part of the employee package. That’s a job market that’s growing, not shrinking.

 

As President Trump tweeted, “Private business investment has surged from 1.8 percent the year BEFORE I came into office to 9.4 percent this year — that means JOBS, JOBS, JOBS!”

 

 

 

I had been assured by some very smart people, around 2009 or so, that business climate is a myth.

 

 

 

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the psychology of recession came into our lives during the fun in the 1970s

 

as well the media never gives credit to the GOP for anything good, nor chides the Dems for anything bad on their watches

 

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3 hours ago, B-Man said:

WITH ALACRITY: How Trump Turned Around Obama’s Anemic Economy.

 

GDP growth is an abstraction. What people actually feel are jobs and “job security”—are they afraid of losing their job in the near future? And here, it could be argued, Republicans have an even better argument. Not only is unemployment down to 4 percent, but most Americans believe the U.S. economy is improving. In fact, the job market is so hot that, for the first time ever recorded, there are more job openings than unemployed workers to take them.

 

That feeling is buoyed by stories about employers dropping requirements for college degrees. According to at least one analysis, the share of job postings requiring a college degree is falling as employers struggle to find workers to fill open jobs. Some businesses are even hiring job seekers who fail the drug test, making drug treatment part of the employee package. That’s a job market that’s growing, not shrinking.

 

As President Trump tweeted, “Private business investment has surged from 1.8 percent the year BEFORE I came into office to 9.4 percent this year — that means JOBS, JOBS, JOBS!”

 

 

 

I had been assured by some very smart people, around 2009 or so, that business climate is a myth.

 

 

 

.

Now THAT's a Climate Change I can endorse! :thumbsup:

 

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3 hours ago, LABillzFan said:

WSJ Reports US Workers Get Biggest Pay Increase in Nearly A Decade

 

In all fairness, it shouldn't have been hard given how poorly the Obama economy hurt minorities, but low unemployment and higher wages is good news for everyone, and if you don't agree, then I think we know where you stand.

 

Tis just trifling breadcrumbs. Away with thee, peasant.

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33 minutes ago, Koko78 said:

 

Tis just trifling breadcrumbs. Away with thee, peasant.

 

No, we've moved on from that to "It's all going to be nullified by tariffs."

 

Really, you'd think someone on the Hill would have the great good sense to say "Obama spent eight years stabilizing the economy and giving employers the breathing room necessary to strengthen their financial positions.  It's because of his efforts that employers have the financial strength and stability to afford to hire new help and pay increased salaries."  It would still be bull ****...but it would be significantly more ambiguous bull **** that more people would believe.

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Taxi driver, not even asked, went on a monologue about how he is beating the thriving stock market 

 

bad sign when it gets to this level, haven’t heard this stuff since just before NASDAQ cratered 

 

 

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6 hours ago, row_33 said:

Taxi driver, not even asked, went on a monologue about how he is beating the thriving stock market 

 

bad sign when it gets to this level, haven’t heard this stuff since just before NASDAQ cratered 

 

 

 

Did you respond "Are you talkin' to me?"

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10 minutes ago, DC Tom said:

 

Did you respond "Are you talkin' to me?"

 

i just nod and smile and say "thank you" to anything strangers say to me in Toronto

 

i'm huge enough of a monster to not have to worry about them getting physical or violent

 

 

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2 minutes ago, row_33 said:

 

i just nod and smile and say "thank you" to anything strangers say to me in Toronto

 

i'm huge enough of a monster to not have to worry about them getting physical or violent

 

 

I'm not huge by any means. I just perfected the crazy eyes look.

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14 minutes ago, westside said:

I like the drooling strategy when riding the subway. You put drooling with crazy eyes, that's a winning combination!!

 

sitting there with your eyes rolled to the season while you pass through a set of prayer beads seems a good one

 

the best part of the Toronto subway is NOBODY will publicly complain about the real hassles, fortunately not that big a deal....

 

 

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Just now, Buffalo_Gal said:

U.S. Payrolls Rise 157,000 While Wage Gains Hold at 2.7%
But revisions from May and June added 59,000 jobs
Unemployment rate slips back to 3.9%
The participation rate remains at 62.9%
A broad measure of unemployment fell to 7.5% in July, the lowest level since 2001

 

Yes, but it's all fake because of tariffs and it will come crashing down and Trump will prove himself to be a Nazi.

 

Or something like that.

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There are plenty of legitimate cases to be made against Donald Trump’s economic policies. This … is not one of them:

DNC Chair Tom Perez statement on new 3.9% unemployment numbers out today: “Donald Trump’s reckless policies continue to hurt millions of hardworking families."

 

 

OK, we’re no economic geniuses like Alexandria Ocasio-Cortez or anything, but we’re pretty sure Tom Perez’s argument makes no sense.

 

 

 

wait-what_new.jpg

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9 minutes ago, B-Man said:

RASMUSSEN: Voters More Likely to Credit Trump for Economy Over Obama.

 

 

 

Weird how Obama didn’t get his Recovery Summer until he’d been out of office for a year and a half.

 

.

 

he did about 75% of his best and shrugged and walked away self-satisfied over the nothing he accomplished

 

 

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1 hour ago, B-Man said:

RASMUSSEN: Voters More Likely to Credit Trump for Economy Over Obama.

 

 

 

Weird how Obama didn’t get his Recovery Summer until he’d been out of office for a year and a half.

 

.

 

50% of voters credit Trump with the economy.

 

40% are basically screaming "You didn't build that!  Somebody else made it happen..."  Go figure.

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The latest Employment Situation Report from the Bureau of Labor Statistics shows new manufacturing jobs being added at a seasonally adjusted annual rate of 2.6 percent in July, a yearly employment growth figure not seen in the sector since 1984 — and the biggest monthly gains since 1994.
 

“After creating an average of 17,000 jobs per month in 2017, over the first seven months of 2018, manufacturers have added an average of 28,000 jobs per month.  These 2018 employment gains are on track to be the highest average monthly increase since 1994,” according to a White House statement based on data compiled by the Bureau of Labor Statistics (BLS).


There is more at this link:  New Manufacturing Jobs Coming at Hottest Annual Pace Since Reagan

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On 8/6/2018 at 12:19 PM, B-Man said:

Political Cartoons by Gary Varvel

So stupid. You will see. Standing and boasting about the business cycle is a double edged sword. Notice Trump isn't boasting about the stock market anymore? Look what happened to Hoover who declared and end to poverty. But you are a total idiot, so carry on. 

 

 

Just need to point out that Turkey, which is in trouble, is now drawing the ire of Trump who is putting tariffs on them. So a country which has 25% of its debts in US dollars is going down and Trump is helping out go down! Brilliant! What could go wrong. 

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19 minutes ago, Tiberius said:

So stupid. You will see. Standing and boasting about the business cycle is a double edged sword. Notice Trump isn't boasting about the stock market anymore? Look what happened to Hoover who declared and end to poverty. But you are a total idiot, so carry on. 

 

 

Just need to point out that Turkey, which is in trouble, is now drawing the ire of Trump who is putting tariffs on them. So a country which has 25% of its debts in US dollars is going down and Trump is helping out go down! Brilliant! What could go wrong. 

 

In my best Donal Trump - !@#$ Turkey!

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2 hours ago, B-Man said:

 

Breaking News: Economists are no longer to be trusted, and Liz Peek looked at someone in a manner which upset them 25 years ago, and must never be published again.

 

#resist

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