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Posted

While the unemployment picture for black Americans is still higher than other demographic groups, it had never fallen below 7 percent since the Bureau of Labor Statistics began tracking the statistic in 1972. The rate for Hispanics is 4.5 percent, while whites are at 3.4 percent, and Asians stand at 2.7 percent.

Black unemployment rate tied record low (which also happened under the Trump administration back in May).

 

 

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Posted
On 12/9/2018 at 10:16 AM, Buffalo_Gal said:

While the unemployment picture for black Americans is still higher than other demographic groups, it had never fallen below 7 percent since the Bureau of Labor Statistics began tracking the statistic in 1972. The rate for Hispanics is 4.5 percent, while whites are at 3.4 percent, and Asians stand at 2.7 percent.

Black unemployment rate tied record low (which also happened under the Trump administration back in May).

 

 

 

Proof that Trump's a racist! By putting blacks (and other minorities) to work, he can control them by threats to the economy and their employment!

 

#IMPEACH #RESIST

Posted
On 12/9/2018 at 10:16 AM, Buffalo_Gal said:

While the unemployment picture for black Americans is still higher than other demographic groups, it had never fallen below 7 percent since the Bureau of Labor Statistics began tracking the statistic in 1972. The rate for Hispanics is 4.5 percent, while whites are at 3.4 percent, and Asians stand at 2.7 percent.

Black unemployment rate tied record low (which also happened under the Trump administration back in May).

 

 

not much comes out of Trumps mouth that I agree with..but his statement during the election cycle to African Americans that (paraphrasing here) " you have voted Democratic for 50 years and nothing has changed..vote for me what do you have to lose?"..was the one thing I agreed with 100%

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Posted

Job openings surged at U.S. factories in October.
 

The job opening rate for durable goods manufacturing hit 4 percent, the highest ever recorded in data going back to 2000, according to a report issued Monday by the Department of Labor. That’s an increase from 3.7 percent a month earlier.
 

The figures suggest that tariffs are not hurting U.S. manufacturers.

 

3.5 Million People Drop Off Food Stamps Under Trump
 

More than 3.5 million people have dropped off food stamps since President Donald Trump’s first full month in office, according to the latest data from the U.S. Department of Agriculture (USDA).
 

The most recent USDA data reveals that 38,577,141 Americans received benefits through the Supplemental Nutrition Assistance Program (SNAP)—otherwise known as the federal government program responsible for giving out food stamps—in September 2018.

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Posted
2 hours ago, Buffalo_Gal said:

Job openings surged at U.S. factories in October.
 

The job opening rate for durable goods manufacturing hit 4 percent, the highest ever recorded in data going back to 2000, according to a report issued Monday by the Department of Labor. That’s an increase from 3.7 percent a month earlier.
 

The figures suggest that tariffs are not hurting U.S. manufacturers.

 

3.5 Million People Drop Off Food Stamps Under Trump
 

More than 3.5 million people have dropped off food stamps since President Donald Trump’s first full month in office, according to the latest data from the U.S. Department of Agriculture (USDA).
 

The most recent USDA data reveals that 38,577,141 Americans received benefits through the Supplemental Nutrition Assistance Program (SNAP)—otherwise known as the federal government program responsible for giving out food stamps—in September 2018.

 

Praise be Obama!

Posted
7 hours ago, Buffalo_Gal said:



 

3.5 Million People Drop Off Food Stamps Under Trump
 

More than 3.5 million people have dropped off food stamps since President Donald Trump’s first full month in office, according to the latest data from the U.S. Department of Agriculture (USDA).
 

The most recent USDA data reveals that 38,577,141 Americans received benefits through the Supplemental Nutrition Assistance Program (SNAP)—otherwise known as the federal government program responsible for giving out food stamps—in September 2018.

Why is Trump kicking people off Food Stamps?

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Posted

I can’t believe this. Why I heard just today that Nancy Pelosi said that people are losing their jobs and it’s Trump’s fault for wanting to build a wall. 

Posted

Rebound: Jobless Claims Return to Near Record Lows
 

The labor market rebounded in the first week of December as the number of jobless claims plummetted.
The number of Americans applying for state unemployment benefits fell to 206,000. Economists had forecast around 225,000.

</snip>

The sharp drop in claims also suggests that the lower-than-expected job growth in November was not a signal of a cooling-off of hiring but an indication of the inability of businesses to find  workers in a tight labor market. Nonfarm payrolls rose by 155,000 jobs in November, below expectations and below the prior month’s 237,000. The unemployment rate held steady at 3.7 percent, a very low level.

</snip>

Posted

https://www.yahoo.com/finance/news/trump-tax-cuts-putting-america-203051912.html

 

Hard to know which one to believe..the economy is booming...or we are going to hell in a hand basket as Trump just juiced and economy that was already rolling, and the high from that sugar rush is coming crashing down now

 

The economy grew at a robust 4.2% in the second quarter, the highest level since 2014. But Moody’s Analytics predicts growth of just 2.9% for all of 2018, and 2019 as well. It will then fall to 0.9%, according to the forecasting firm. If so, economic growth under Trump would average just 2.2% per year, almost exactly the same as during President Obama’s second term.

 

The United States’ fiscal strength is set to gradually decline from 2019 onward,” Moody’s Analysts wrote in the report. “A persistent widening of fiscal deficits will push the federal debt and interest burdens to historic levels, which will ultimately weigh on the sovereign credit profile.”

 

 

Posted
5 minutes ago, plenzmd1 said:

“A persistent widening of fiscal deficits will push the federal debt and interest burdens to historic levels, which will ultimately weigh on the sovereign credit profile.”

 

 

 

I wonder what Ocasio-Cortez has to say about that?  ?

Posted
Just now, DC Tom said:

 

I wonder what Ocasio-Cortez has to say about that?  ?

do you really think she can comprehend the idea of a deficit? And the impacts? All someone else money

Posted
10 minutes ago, plenzmd1 said:

do you really think she can comprehend the idea of a deficit? And the impacts? All someone else money

It's pretty clear that most people here can't, so she's in good company...

?

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Posted
23 minutes ago, plenzmd1 said:

https://www.yahoo.com/finance/news/trump-tax-cuts-putting-america-203051912.html

 

Hard to know which one to believe..the economy is booming...or we are going to hell in a hand basket as Trump just juiced and economy that was already rolling, and the high from that sugar rush is coming crashing down now

 

The economy grew at a robust 4.2% in the second quarter, the highest level since 2014. But Moody’s Analytics predicts growth of just 2.9% for all of 2018, and 2019 as well. It will then fall to 0.9%, according to the forecasting firm. If so, economic growth under Trump would average just 2.2% per year, almost exactly the same as during President Obama’s second term.

 

The United States’ fiscal strength is set to gradually decline from 2019 onward,” Moody’s Analysts wrote in the report. “A persistent widening of fiscal deficits will push the federal debt and interest burdens to historic levels, which will ultimately weigh on the sovereign credit profile.”

 

 

 

He draws a lot of conclusions that aren't supported (it would help if he linked the report that he's referencing ...)

Posted
26 minutes ago, plenzmd1 said:

do you really think she can comprehend the idea of a deficit? And the impacts? All someone else money

 

Of course not.  That's why I want to hear her opinion.  It'll be hilarious.

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Posted
9 minutes ago, GG said:

 

He draws a lot of conclusions that aren't supported (it would help if he linked the report that he's referencing ...)

to be fair, believe those were the conclusions of Moody's, and the report i believe is a paid report., but i will endeavor to track it down!

Posted
3 minutes ago, plenzmd1 said:

to be fair, believe those were the conclusions of Moody's, and the report i believe is a paid report., but i will endeavor to track it down!

 

I have a stinking suspicion he's referring to a report released a while sago, not "recently"

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