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I think the effect of the tarriffs will be felt in a few months
Its doing well thanks to Obama.
Then stop dissing it.
I just love that. According to WCH, the Great Recession was because of Clinton policies -- skipped over two Bush terms and ended up on Obama's lap. Bush and the GOP, who were heavily deregulating finance, are blameless.
No one was blameless but, Clinton got that ball rolling.
https://www.investors.com/politics/...ill-not-tax-cuts-caused-the-financial-crisis/
Love that.
Encouraging economic outlooks bad for Democrats.
Global Economic Prospects
But the Left leaning media and their sycophants keeps posting any bit of negative news it can find.
No one was blameless but, Clinton got that ball rolling.
https://www.investors.com/politics/...ill-not-tax-cuts-caused-the-financial-crisis/
Love that.
All things considered we probably should not panic until we see more of a trend in jobs growth, wage growth, etc.
Where are all the jobs that the corporate tax cuts were going to produce that we were told were imminent and were going to be big and beautiful?
The US economy added 103,000 jobs in March, slower than previous months and well below expectations.
Economists had predicted 185,000 jobs.
Unemployment was 4.1%, remaining at its lowest since 2000.
Wages grew 2.7% from a year ago, in line with expectations.
More here:
US job growth slowed in March
That's not what she said.First you start a thread saying women weren't being raped migrating...
Yes sometimes they are revised. For instance the OP said previous months were revised.j-mac said:now you attack jobs numbers that you know will be revised....you're on a roll today tres, not a good one though...
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Where are all the jobs that the corporate tax cuts were going to produce that we were told were imminent and were going to be big and beautiful?
The US economy added 103,000 jobs in March, slower than previous months and well below expectations.
Economists had predicted 185,000 jobs.
Unemployment was 4.1%, remaining at its lowest since 2000.
Wages grew 2.7% from a year ago, in line with expectations.
More here:
US job growth slowed in March
Labor Force Statistics from the Current Population Survey
Original Data Value
Series Id: LNS12000000
Seasonally Adjusted
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Years: 2008 to 2018
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
2011 139250 139394 139639 139586 139624 139384 139524 139942 140183 140368 140826 140902
2012 141584 141858 142036 141899 142206 142391 142292 142291 143044 143431 143333 143330
2013 143292 143362 143316 143635 143882 143999 144264 144326 144418 143537 144479 144778
2014 145122 145161 145673 145680 145825 146267 146401 146522 146752 147411 147391 147597
2015 148113 148100 148175 148505 148788 148806 148830 149136 148810 149254 149486 150135
2016 150576 151005 151229 150978 151048 151164 151484 151687 151815 151939 152126 152233
2017 152076 152511 153064 153161 152892 153250 153511 153471 154324 153846 153917 154021
2018 154430 155215 155178
Where are all the jobs that the corporate tax cuts were going to produce that we were told were imminent and were going to be big and beautiful?
The US economy added 103,000 jobs in March, slower than previous months and well below expectations.
Economists had predicted 185,000 jobs.
Unemployment was 4.1%, remaining at its lowest since 2000.
Wages grew 2.7% from a year ago, in line with expectations.
More here:
US job growth slowed in March
More that businesses are staffed at the level they need to be at now. Before Trump business was operating a low, steady level. The 4.1% is high, but with a bottomless supply of illegal labor, I'm surprised it's not higher.
All you on the left can do is hope that earnings don't increase, and they have to lay off workers again. Other than that, you on the left are pretty well stuck with an improving economy. I guess you can run on a "return to the Obama years". But you are almost there. Larry Ellison - head of the DNC - is now out there pimping a guaranteed income, "and it's all paid for by the other guy!" Is this a great country or what?!
We have plenty of historical evidence that proves that business and corporation employment relies heavily on the consumer market. It is not about tax-cuts.
We can safely declare this today, because of the Great Recession. If cutting taxes to the wealthy and to corporations was supposed to create jobs, then we should have been drowning in jobs in 2010. Instead, we saw that wealthy elite and their corporations cut jobs and lay off workers; and we saw the banks seize small businesses and homes as they hoarded the money they were supposed to push down. We know that at the time, corporate America was sitting on almost $2 billion in uninvested cash. And when corporations today, like WalMart or Apple praise the corporate tax-cut and offer a petty bonus to employees (while laying off Americans), we can clearly see the BS. They could have done this before the cut. A sudden bonus, in the immediate wake of a tax-cut bill, should be obvious to us. All Reaganomics did was create the 1%. And nothing beats the 1% like the .1%!
Our economy is basically at full employment. Anyone not employed today is essentially unemployable. The two people I recently hired werent sitting home watching tv, they simply quit there existing job and can to work for me. A better number to check the health of the economy is wage growth.
Employment and wage growth goes up and down monthly. I'm not concerned about a down month or an up month. I'm concerned about our current economic policies since last December and where we are headed.
You can relax. Presidents don't have the power to destroy, or save, the American economy.
Well, that's the general understanding, but it is not completely true. Rolling back environment laws to increase oil drilling does increase Wall Street investment. Pushing a GOP heavy Washington to massively cut taxes does increase Wall Street investments. Signing off on a massive increase in spending, which contradicts massive tax-cuts, will affect the economy. Trade tariffs do increase prices. This is Trumps doing. He, as the President, gets to own the economic results of leading this charge.
:lamo
Are you ****ing serious?
From (January 20th) 2009 until 2017, the narrative among conservatives was that every single 100k monthly employment gain was fake, let alone the 200k/300k months. Nearly 17 million full time jobs were created during the Obama administration.
Do you remember the nature of your participation in many of these threads?
I do.
:yt
Where are all the jobs that the corporate tax cuts were going to produce that we were told were imminent and were going to be big and beautiful?
The US economy added 103,000 jobs in March, slower than previous months and well below expectations.
Economists had predicted 185,000 jobs.
Unemployment was 4.1%, remaining at its lowest since 2000.
Wages grew 2.7% from a year ago, in line with expectations.
More here:
US job growth slowed in March
I believe there is FINALLY some small bit of realization within the business community that Trump is actually bad for business. When chaos rules & chaos is all you have to offer then that will get people's attention, and that point looks to finally be realized by some. Voter remorse is a bitch ........
Here are those jobs!!
In addition, Part time jobs for economic reasons are 1 million less, discouraged workers is less than 450k, and wages are up. Looks to me like 2.6 million more employed than when Obama left office. Wonder who those people are going to support
My God, no one in the business community thinks that Trump policies are bad for business or the economy.
Leftist Democrats are going insane right now because the success of Trump is clear and easy to compare to the failure of Obama.
I actually hope Trump's successor is a hard core Leftist. The economy nosediving and another Obama style era of pessimism and dispare will go a long way toward ending that destructive ideology forever.
Your numbers are a lot easier to understand in graphic form
View attachment 67231344
(Oops, forgot the actual page link to All employees, thousands, total nonfarm, seasonally adjustedthe actual page link as a separate entry.)
That graph looks sort of "flatish" from 2011 onward to me but I am sure that you will point out the massive upsurge that the BLS is deliberately hiding so as to make Mr. Trump look bad.
The total for 2016 is 2204 units. The total for 2017 is 2188 units. 2188 is 99.2740% of 2204. The difference in "job creation" between the last year of Mr. Obama's term and the first year of Mr. Trump's term is 0.7260% (and NOT in favour of Mr. Trump).
You might also find the BLS data on Employed full time (persons who usually work 35 hours or more) interesting.
View attachment 67231345
You might not notice it unless someone points it out to you, so I will point it out to you, but that graph looks remarkably like a statistical straight line from 2011 onward.
However, I have no doubt that you will show everyone how the BLS has deliberately published false data for seven years to conceal the fact that the entire 15,000(ish) units were all added after January 2017.
Labor Force Statistics from the Current Population Survey
Original Data Value
Series Id: LNS12000000
Seasonally Adjusted
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Years: 2008 to 2018
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
2011 139250 139394 139639 139586 139624 139384 139524 139942 140183 140368 140826 140902
2012 141584 141858 142036 141899 142206 142391 142292 142291 143044 143431 143333 143330
2013 143292 143362 143316 143635 143882 143999 144264 144326 144418 143537 144479 144778
2014 145122 145161 145673 145680 145825 146267 146401 146522 146752 147411 147391 147597
2015 148113 148100 148175 148505 148788 148806 148830 149136 148810 149254 149486 150135
2016 150576 151005 151229 150978 151048 151164 151484 151687 151815 151939 152126 152233
2017 152076 152511 153064 153161 152892 153250 153511 153471 154324 153846 153917 154021
2018 154430 155215 155178
Our economy is basically at full employment. Anyone not employed today is essentially unemployable. The two people I recently hired werent sitting home watching tv, they simply quit there existing job and can to work for me. A better number to check the health of the economy is wage growth.
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