Jobs

[SectionC3]

Lots created under the Biden administration.  Market is going up.  Inflation forecasts going down.  Looks pretty good to me.  So good that MAGA has yet to come up with a marginally believable hoax as to why it’s bad. 

[John from Riverside]

1 minute ago, SectionC3 said:

Lots created under the Biden administration.  Market is going up.  Inflation forecasts going down.  Looks pretty good to me.  So good that MAGA has yet to come up with a marginally believable hoax as to why it’s bad. 

They’re willing to buy anything as long as it matches their feelings, so that’s not a problem
 

The problem comes at the ballot box because they have convinced enough people that voting is a waste of time now they’re gonna try to tell you vote, but it might be stolen that is going to eat itself

[LeviF]

“Line went up guys, that means that your grocery bill is lying to you!”

[ExiledInIllinois]

3 hours ago, LeviF said:

“Line went up guys, that means that your grocery bill is lying to you!”

And waistlines should be going down!

 

Ain't that a good thing! 

5 hours ago, SectionC3 said:

Lots created under the Biden administration.  Market is going up.  Inflation forecasts going down.  Looks pretty good to me.  So good that MAGA has yet to come up with a marginally believable hoax as to why it’s bad. 

[BillsFanNC]

Hoax

[Tommy Callahan]

 

[SectionC3]

13 hours ago, LeviF said:

“Line went up guys, that means that your grocery bill is lying to you!”

That's capitalism, sorry to say.  

[LeviF]

6 minutes ago, SectionC3 said:

That's capitalism, sorry to say.  

Capitalism is when you let in unlimited third worlders and print shitloads of money to drive down everyone else’s buying power. 

[SectionC3]

7 hours ago, LeviF said:

Capitalism is when you let in unlimited third worlders and print shitloads of money to drive down everyone else’s buying power. 

Sounds an awful lot like the Trump administration.  He never got his border control plans enacted, lots of work for the printing machines, and an exploding national debt.  

[LeviF]

1 hour ago, SectionC3 said:

Sounds an awful lot like every  administration since the 60s.  He never got his border control plans enacted, lots of work for the printing machines, and an exploding national debt.  

Fixed it for you. And that’s because of legislation. 

[Precision]

Per the BLS roughly 25% of all job growth was through workers added to federal government payrolls.  A trend that is not only unsustainable but irresponsible given the current $1.5 trillion-dollar federal deficit.  Additionally, 28,000 workers were added last month due to the end of the UAW strike.  The remaining of last month's job additions were primarily in health care and leisure/hospitality.

 

U.S. Bureau of Labor Statistics - Employment Situation Summary, December 8, 2023

• "Government employment increased by 49,000 in November, in line with the average monthly gain of 55,000 over the prior 12 months."
• "Employment in manufacturing rose by 28,000 in November, reflecting an increase of 30,000 in motor vehicles and parts as workers returned from a strike. Employment in manufacturing has shown little net change over the year."

• "Health care added 77,000 jobs, above the average monthly gain of 54,000 over the prior 12 months. Over the month, job gains continued in ambulatory health care services (+36,000), hospitals (+24,000), and nursing and residential care facilities (+17,000)."

• "Employment in leisure and hospitality continued to trend up (+40,000), almost entirely in food services and drinking places. Leisure and hospitality had added an average of 51,000 jobs per month over the prior 12 months."

 

Median household income adjusted for inflation is still down from $79,890 in 2020 to $76,588 as of October 2023.     

 

 

 

 

 

[KDIGGZ]

10 hours ago, SectionC3 said:

That's capitalism, sorry to say.  

Oof this comment shows you have little understanding of economics and how the Fed printing money results in inflation (hidden tax on everyone). Please read "The Creature from Jekyll Island."

On 12/8/2023 at 7:42 PM, SectionC3 said:

Lots created under the Biden administration.  Market is going up.  Inflation forecasts going down.  Looks pretty good to me.  So good that MAGA has yet to come up with a marginally believable hoax as to why it’s bad. 

[SectionC3]

2 hours ago, KDIGGZ said:

Oof this comment shows you have little understanding of economics and how the Fed printing money results in inflation (hidden tax on everyone). Please read "The Creature from Jekyll Island."

I’m the one who doesn’t understand?  The fed always prints money.  Always.  Look it up.  It’s hardly a Biden administration issue.  And the idea that we wouldn’t have inflation after a year of pent up demand and limited supply (thank you, Trump,  for mangling the pandemic) is deluded.  Inflation unfortunately was sticky because it turns out people really need a lot of those

stickier items (like food) and in free market United States economy the federal government couldn’t command price corrections, 

[KDIGGZ]

9 hours ago, SectionC3 said:

I’m the one who doesn’t understand?  The fed always prints money.  Always.  Look it up.  It’s hardly a Biden administration issue.  And the idea that we wouldn’t have inflation after a year of pent up demand and limited supply (thank you, Trump,  for mangling the pandemic) is deluded.  Inflation unfortunately was sticky because it turns out people really need a lot of those

stickier items (like food) and in free market United States economy the federal government couldn’t command price corrections, 

That's incorrect and you would know that if you had an economics degree (like I do) or read that book I suggested (great book you will like it). This is not a political discussion. I'm not a Trump supporter and this is bigger than either party.

 

Long story short, one of the greatest economists in history proved what you said is not true and won the Nobel prize in economics for it. Because we live in a country where we print our own money on demand, the normal rules of a free market economy do not apply when it comes to inflation.

 

Milton Friedman: 

"Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” Of course, we all know the driver of the quantity of money is government spending priorities, and recently the government has been spending more than ever in history!

 

CNN and the White House (in lock-step like a state run media) will say it's a number of factors including pandemic, supply issues, Russia, energy, greedy businesses etc. Friedman - "But none of them produce inflation for the very simple reason that neither the businessman, nor the trade union, nor the housewife has a printing press in their basement on which they can turn out those green pieces of paper we call money."

 

Our politicians have little incentive to not spend ridiculous amounts of money and fund foreign wars. Their supporters praise them for it. Both sides have done it, but under Joe we have never seen anything like this. Socialism is expensive and the only solution they have had is to print more money to pay for it. Thus INFLATION. Every time they pass a "save the environment" bill that has nothing to do with the environment and has a million other spends added to it, you are the one paying for it through inflation! It's not a win. We all lose...

[BillStime]

Can’t help but laugh at these nutters talking about job growth. 
 

 

 

[TSOL]

26 minutes ago, BillStime said:

Can’t help but laugh at these nutters talking about job growth. 
 

 

 

 

 

You realize that nobody takes your phoney baloney job chart seriously because you guys lie about everything. Even basic sh1t like a person's gender. 

 

You Dems are so fake it's really just gross 

[SectionC3]

2 hours ago, KDIGGZ said:

That's incorrect and you would know that if you had an economics degree (like I do) or read that book I suggested (great book you will like it). This is not a political discussion. I'm not a Trump supporter and this is bigger than either party.

 

Long story short, one of the greatest economists in history proved what you said is not true and won the Nobel prize in economics for it. Because we live in a country where we print our own money on demand, the normal rules of a free market economy do not apply when it comes to inflation.

 

Milton Friedman: 

"Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” Of course, we all know the driver of the quantity of money is government spending priorities, and recently the government has been spending more than ever in history!

 

CNN and the White House (in lock-step like a state run media) will say it's a number of factors including pandemic, supply issues, Russia, energy, greedy businesses etc. Friedman - "But none of them produce inflation for the very simple reason that neither the businessman, nor the trade union, nor the housewife has a printing press in their basement on which they can turn out those green pieces of paper we call money."

 

Our politicians have little incentive to not spend ridiculous amounts of money and fund foreign wars. Their supporters praise them for it. Both sides have done it, but under Joe we have never seen anything like this. Socialism is expensive and the only solution they have had is to print more money to pay for it. Thus INFLATION. Every time they pass a "save the environment" bill that has nothing to do with the environment and has a million other spends added to it, you are the one paying for it through inflation! It's not a win. We all lose...

You should know with that economics degree that Friedman actually believed that persistent inflation is a printing phenomenon.  He also believed that supply issues could cause short term inflation.  And, of course, he was dead long before the pandemic, which is a black swan in many ways, including in its effect upon supply and demand. 

[TSOL]

9 minutes ago, SectionC3 said:

You should know with that economics degree that Friedman actually believed that persistent inflation is a printing phenomenon.  He also believed that supply issues could cause short term inflation.  And, of course, he was dead long before the pandemic, which is a black swan in many ways, including in its effect upon supply and demand. 

 

 

Hoax.

 

Milking that pandemic data to make excuses for glass joe's DOA economy 

[BillStime]

1 hour ago, TSOL said:

 

 

You realize that nobody takes your phoney baloney job chart seriously because you guys lie about everything. Even basic sh1t like a person's gender. 

 

You Dems are so fake it's really just gross 

Then, prove it wrong cupcake 

[TSOL]

23 minutes ago, BillStime said:

Then, prove it wrong cupcake 

 

 

I don't have to, you're a proven liar 

[BillStime]

13 minutes ago, TSOL said:

 

 

I don't have to, you're a proven liar 

Hoax 

[Tommy Callahan]

 

[T master]

On 12/8/2023 at 6:42 PM, SectionC3 said:

Lots created under the Biden administration.  Market is going up.  Inflation forecasts going down.  Looks pretty good to me.  So good that MAGA has yet to come up with a marginally believable hoax as to why it’s bad. 

 

If inflation is going down then why are Housing costs up which makes taxes per house go up , Gas costs are up, Grocery costs are up, Tires are up, Cost of vehicles are up, Restaurants have to raise their prices on food because food cost is up . Use to go to walmart & would always spend $100 still do the same thing i just get a lot less bags for the same $100 .

 

You don't need to be anywhere near anything to do with MAGA all's you need is a little common sense to see that things are so much better !! 🙄

[The Frankish Reich]

40 minutes ago, B-Man said:

 

 

TRUTH.

 

 

LESS THAN MEETS THE EYE: Just One More Hyped Up Jobs Report.

 

Peter [Schiff] pointed out that the ADP private payroll data released earlier in the week came out worse than expected. So, who are you going to believe?

 

The estimate for the ADP report was 123,000 new private sector jobs and the number came in at 103,000. Inside that number, the economy lost 15,000 manufacturing jobs.

Those are good jobs.

 

Those are the productive jobs that we need, and they have higher pay. Probably, the people who lost those manufacturing jobs, well, maybe they got a couple of part-time jobs working in a restaurant or in a hotel, or doing something to replace the paycheck that they lost. But they need two or three jobs, and that’s the story of this so-called strong labor market — people replacing good jobs with multiple bad jobs.”

 

The ADP report also showed a drop in leisure and hospitality jobs. That sector has driven recent job growth.

 

Plus: “Of the 199,000 jobs the BLS claims the economy created, about 24% were auto workers and motion picture workers returning to their jobs after strikes.”

 

Those aren't "created jobs.

 

 

https://schiffgold.com/peters-podcast/peter-schiff-just-one-more-hyped-up-jobs-report/

 

 

.

So B Man is sitting in his recliner listening to talk radio and buying the gold Peter Schiff pimps. 

Let me guess: in his My Slippers by My Pillow.

[Tommy Callahan]

2 minutes ago, The Frankish Reich said:

So B Man is sitting in his recliner listening to talk radio and buying the gold Peter Schiff pimps. 

Let me guess: in his My Slippers by My Pillow.

attacking the messenger cause the fact is we lost 15K manufacturing jobs. 

cant argue the fact.

 

 

[TSOL]

5 hours ago, Tommy Callahan said:

attacking the messenger cause the fact is we lost 15K manufacturing jobs. 

cant argue the fact.

 

 

 

 

Listen to Frank, he's smart. He can tell you how to make Christmas dinner for $7 dollars per person. 

 

That's bidenomics 

Edited December 13, 2023 by TSOL
Sp

[Tommy Callahan]

 

[Tommy Callahan]

 

[Tommy Callahan]

 

[Tommy Callahan]

 

[Tommy Callahan]

 

[Tommy Callahan]

 

[BillStime]

 

[Tommy Callahan]

 

[Tommy Callahan]

 

[US Egg]

The jobs the Left don’t want filled:

 

The Democratic attitude towards cops is:

[Tiberius]

1 minute ago, US Egg said:

The jobs the Left don’t want filled:

 

The Democratic attitude towards cops is:

Small town cops? That’s Dems fault? 
 

 

[US Egg]

Of course, the LW mantra is it’s the cops fault.

[Tiberius]

34 minutes ago, US Egg said:

Of course, the LW mantra is it’s the cops fault.

It's a tough job, not surprised in this market they are having trouble finding people 

[Tommy Callahan]