Warren Zevon Posted January 27, 2020 Posted January 27, 2020 1 minute ago, Tiberius said: Pandemic fears roiling stock market! Like any other day the market has next to nothing to do with the President.
Tiberius Posted January 27, 2020 Posted January 27, 2020 Just now, Gary Busey said: Like any other day the market has next to nothing to do with the President. And this is proof, unless Trump's deep state has been spreading the corona virus.
RochesterRob Posted January 27, 2020 Posted January 27, 2020 12 minutes ago, Tiberius said: And this is proof, unless Trump's deep state has been spreading the corona virus. The Trump economy will not be doing anything for you if you don't get a move on to talking about Sanders unless you don't care about your Soros paycheck. 15 minutes ago, Gary Busey said: Like any other day the market has next to nothing to do with the President. Normally, this would be true but the market did react to Trump's election. People who just casually want to pooh on Trump need to consider what the reaction will be to the markets and in the process their investment plans if Sanders or Warren are successful.
3rdnlng Posted January 27, 2020 Posted January 27, 2020 21 minutes ago, RochesterRob said: The Trump economy will not be doing anything for you if you don't get a move on to talking about Sanders unless you don't care about your Soros paycheck. Normally, this would be true but the market did react to Trump's election. People who just casually want to pooh on Trump need to consider what the reaction will be to the markets and in the process their investment plans if Sanders or Warren are successful. Whatcha mean? Sanders will arrange for us to receive foreign aid from Cuba or Warren will do weekly rain dances to help out our farmers. Besides, a robust stock market only helps the truly wealthy and oppresses the masses.
Tiberius Posted January 31, 2020 Posted January 31, 2020 All this government red ink and we don't even get to 3% GDP ? 1
3rdnlng Posted January 31, 2020 Posted January 31, 2020 On top of that we can't even throw for 300 yards in a game. 4
Foxx Posted February 4, 2020 Posted February 4, 2020 https://twitter.com/SecGeneScalia/status/1224750310465396736 3
keepthefaith Posted February 4, 2020 Posted February 4, 2020 On 1/28/2020 at 10:12 AM, Deranged Rhino said: Donald, how about we create less debt as well? 7
Koko78 Posted February 4, 2020 Posted February 4, 2020 1 hour ago, keepthefaith said: Donald, how about we create less debt as well? Pfft, what fun is there to be had if we can't spend like drunken sailors? 1 1
GG Posted February 5, 2020 Author Posted February 5, 2020 45 minutes ago, Deranged Rhino said: This is not good news, which is why I hate any reports on surpluses and deficits, without comments on the composition. Trade deficit declined because imports declined, not because exports grew. Exports also declined, BTW. 1
Deranged Rhino Posted February 5, 2020 Posted February 5, 2020 1 minute ago, GG said: This is not good news, which is why I hate any reports on surpluses and deficits, without comments on the composition. Trade deficit declined because imports declined, not because exports grew. Exports also declined, BTW. Appreciate your insight as always (especially on subjects I'm in no way read up on)
B-Man Posted February 5, 2020 Posted February 5, 2020 Private payrolls soar in January, the best monthly gain in nearly 5 years. Record economic optimism under Trump, better than Reagan, Clinton, Obama. . 1
B-Man Posted February 6, 2020 Posted February 6, 2020 China to cut tariffs in half on $75 billion of U.S. goods. . 1
transplantbillsfan Posted February 7, 2020 Posted February 7, 2020 https://amp.cnn.com/cnn/2020/02/06/economy/trump-obama-jobs-comparison/index.html During Trump's first 35 months in office, the US economy has gained 6.69 million jobs. But during a comparable 35-month period at the end of Obama's tenure, employers added 7.96 million jobs, or 19%, more than what has been added since Trump took office. The average monthly gain so far under Trump is 191,000 jobs. During the last 35 months under Obama, employers were adding an average of 227,000 jobs a month. ... And Trump's job record is not unique. A gain of more than 6.7 million jobs during a 35-month period has been common during the 80 years that the Labor Department has counted jobs. There are hundreds of overlapping 35-month periods of better growth on record. At this point in his first and only term, Jimmy Carter had enjoyed a gain of about 10 million jobs. Employers added 8.5 million jobs during the first 35 months of Bill Clinton's term and 7.6 million jobs during the first 35 months of Lyndon Johnson's tenure, even though the labor force at that time was less than half the size of what it is today.
Nanker Posted February 7, 2020 Posted February 7, 2020 Nearly 95% of Obama Era Job Growth were part time or contract workers. "The research by economists Lawrence Katz of Harvard University and Alan Krueger at Princeton University shows that the proportion of workers throughout the U.S., during the Obama era, who were working in these kinds of temporary jobs, increased from 10.7% of the population to 15.8%. Krueger, a former chairman of the White House Council of Economic Advisers, was surprised by the finding. The disappearance of conventional full-time work, 9 a.m. to 5 p.m. work, has hit every demographic. “Workers seeking full-time, steady work have lost,” said Krueger. Under Obama, 1 million fewer workers, overall, are working than before the beginning of the Great Recession." Obama's record on manufacturing jobs was very weak. "Obama's White House Press Secretary Josh Earnest said that 805,000 manufacturing jobs have been created since President Barack Obama has been in office. In fact, there has been a net loss of 303,000 manufacturing jobs since January 2009. Manufacturing employment was 12,258,000 in October 2016, according to the most recent estimates from the U.S. Bureau of Labor Statistics. That’s down 303,000 from the number employed in January 2009, the same month that Obama was sworn in as president. To make his point, Earnest just ignored all of the job losses that occurred during the first 13 months of Obama’s presidency." https://www.forbes.com/sites/chuckdevore/2018/10/16/the-trump-manufacturing-jobs-boom-10-times-obamas-over-21-months/#52b86c845850 1 1
3rdnlng Posted February 7, 2020 Posted February 7, 2020 People can go around and around about different statistics to try and prove their point. The one statistic that indicates the strength of the economy is wage growth. Wage growth is based on supply and demand and supersedes every other statistic. 1
Buffalo_Gal Posted February 7, 2020 Posted February 7, 2020 January adds a much stronger-than-expected 225,000 jobs, with a boost from warm weather * Nonfarm payrolls surged 225,000 for the month, well above Wall Street estimates for a 158,000 gain. [due to the weather]* Average hourly earnings rose 3.1% over a year ago to $28.44, ahead of estimates for 3% growth. </snip> 1 1
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