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US unemployment rate lowest since 1969

Conservative said:
Again, never took civics did you? The Democrats gave Obama the stimulus he wanted almost day one so how is 2009 the Bush economy? Bush never had a budget for 2009 so how is that the Bush economy. When you say Bush lost millions of jobs what do these numbers tell you. Why such loyalty to an ideology promoted by Obama? Inheriting employment of 142, signing a stimulus for shovel ready jobs in February and seeing employment drop 3-4 million during the next two years isn't a successful economic policy
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Who the hell are you responding to, I don't think I've said anything like this.
 
I do enjoy a Conservative being bitch slapped with the truth:lamo
 
OlNate said:
I know...that uninterrupted trajectory that was started under Obama is totally bogus... :lol:

Just playin' with you, Con, happy Friday.
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So as long as it goes up Obama gets credit? So if we actually follow that trend it goes back a really long ways. Like before America.
 
yankintx said:
I do enjoy a Conservative being bitch slapped with the truth:lamo
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Yep always great to see the opinion of someone who won't engage in debate showing support for the radical left robots
 
Conservative said:
Whoa, do you understand what the trade deficit does to GDP thus U.S. businesses and the American people. Please stop buying what you are told and do some research, the deficit in 2018 is made up mostly of entitlement spending growth mandated and over 500 billion in debt service on the debt Trump inherited. I am concerned about debt service in 10 years as well as currently it is the 4th largest budget item and rising with rising interest rates. Trump only controls so much of the budget and has proposed a lower budget than Obama's last budget, that is all trump can do. The GDP Growth has to do the rest and reducing the trade deficit is helping that

And oh, by the way new hires are helping boost federal revenue as is the GOP tax cut boosting excise tax revenues at the federal and state levels. as well as sales tax revenue in the states.
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New hires will help the tax revenue. They will in not come near offsetting the reduction of revenue from the tax cuts.

You are factually correct. The budget he proposed is less than Obama's last budget. 1.3% less. https://www.whitehouse.gov/wp-content/uploads/2018/02/budget-fy2019.pdf -- go to page 145. This is from the Trump administration.

Talk about buying what you are told. Did you look at the numbers, or did you just listen to Fox tell you it was a better net number? His proposed budget is $15billion less. His tax cuts are $1-$2.3 TRILLION in less revenue (figures are different depending on who is reporting, of course). If he got his budget passed, using the conservative Fox figures of the lost revenue from the tax cuts of just $1TRILLION, the budget would offset just 1.5% of the lost revenue. In his ideal world, he is destroying our future with the deficit.

And because of the tax cuts, inflation will likely rise, interest will therefore likely rise, increasing our future burden.

And yes, I understand that the deficit is awful. Are you aware that, since the tariffs, our deficit has INCREASED? As every economist predicted it would? Tariffs don't solve deficits. They are inefficient. And they have the added bonus of discouraging our relationship with our allies.

So Trump's economy, in short:
Pro's: Booming economy today (low unemployment, rising wages - and predicted to rise even more)

Con's: Increased trade deficit due to tariffs, similar budgeted spending, significantly lower revenue, significantly higher deficit spending, predicted increased inflation, predicted increased interest, resulting in predicted significantly higher future debt service.

The question for you: the economy was red hot when he took office (no, not due to Obama, so please don't deflect and make this about him). His adjustments have made it white hot. Did we need to go from red-hot, to white-hot, at the cost of our future?

No.

Trump is not doing us any favors, but he sure is making himself look good today. By the time this is a problem, he'll be out of office and think himself a hero.

We needed Trump's policies at the bottom of the economy, in 2008. Now that we're at the top of the business cycle, we should be saving for a rainy day (which WILL inevitably come). Instead, we're just spending even more and earning less at the federal level.
 
Conservative said:
Good then it doesn't pertain to you, glad to see someone truly independent and not buying rhetoric while ignoring results in context.
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I hope you had fun defeating that strawman.
 
Conservative said:
Exactly the trajectory matters to you a lot more than context because you don't live in this country thus aren't affected by the results being generated. I surely imagine how happy all those part time for economic reasons have to be under employed yet be part of that booming Obama economy
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My friend, you are in no position to lecture MTAtech. You cherry pick for partisan reasons as bad as anyone else. :lol:

Prove me wrong, and state your gratitude for Obama handing Trump a trajectory he can build on. Then I'll know you care about "results" and "statistics". But if you're too partisan to at least give credit where credit is due, per the actual statistics, why should anyone believe your analysis of those statistics in any other direction?
 
Aberration said:
So as long as it goes up Obama gets credit? So if we actually follow that trend it goes back a really long ways. Like before America.
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lmao...no.

Take a statistics course real quick, then we'll continue this conversation. ;)
 
Conservative said:
Noticed that all you do is post rhetoric and opinions never data supporting your point of view.
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No, I do all time you just ignore them.

Job creation through September:
2014: 2,192,000 - Obama
2015: 1,863,000 - Obama
2016: 1,852,000 - Obama
2017: 1,526,000 - Trump's first year.
2018: 1,875,000 - Trump with his tax cuts.

So Trump needed to jack up the deficit just to match the numbers Obama had his last three years while reducing the deficit.

Conservative said:
When you take employment down from 142 million down to 138 million it is easier to get those jobs back than create new ones like Trump has done but that reality escapes you.
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Umm... What were you saying about posting rhetoric and opinion that's not supported by data?

Conservative said:
Keep ignoring the February 2009 stimulus results and what happened to employment during 2009-2010-2011
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2008: -707,000 - Bush
2009: -277,000 - Obama takes office, passes the stimulus package, the recession ends in June of that year.
2010: +584,000 - Obama
2011: +1,535,000 - Obama
2012: +1,625,000 - Obama
2013: +1,777,000 - Obama


So In Just Obama's second year in office after being handed the single worst economy since the Great Depression by Bush, he had us back growing more jobs than Trump did in his first year despite Trump being handed a phenomenal economy by Obama.

Conservative said:
and keep ignoring the 9.3 trillion debt Obama added
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Bush added that debt.

110520_debt.jpg

Conservative said:
amazing how those reduced deficits still added 9.3 trillion to the debt.
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Right, see when you're handed skyrocketing deficits thanks to plummeting economy, two wars, and idiotic tax cuts from the Republican president before you it turns out it can take a couple years to get all that **** heading back in the right direction. It wasn't until 2011 and 2012 that Obama was finally able to bring the wars Bush started to a close and to end the Bush tax cuts. From that point forward as the economy just kept getting better and better the deficit naturally fell due to increased tax revenues from more people working.

Conservative said:
Do taxpayers pay debt service on the deficits or the debt?
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The Debt, but we still have that debt, except now instead of using the strong economic growth to pay down that debt like Obama and Hillary wanted to do Republicans are unnecessarily creating more debt because they need to create a short-term economic bubble in order to convince millions of idiots that they did something to improve the economy. They're just hoping this bubble lasts long enough to try and get them through the 2020 elections just like Bush used it to get through 2004. Of course, it's only a matter of time before we all pay for the disgustingly reckless policies of Trump just like we did with Bush in 2007.
 
fredmertzz said:
New hires will help the tax revenue. They will in not come near offsetting the reduction of revenue from the tax cuts.

You are factually correct. The budget he proposed is less than Obama's last budget. 1.3% less. https://www.whitehouse.gov/wp-content/uploads/2018/02/budget-fy2019.pdf -- go to page 145. This is from the Trump administration.

Talk about buying what you are told. Did you look at the numbers, or did you just listen to Fox tell you it was a better net number? His proposed budget is $15billion less. His tax cuts are $1-$2.3 TRILLION in less revenue (figures are different depending on who is reporting, of course). If he got his budget passed, using the conservative Fox figures of the lost revenue from the tax cuts of just $1TRILLION, the budget would offset just 1.5% of the lost revenue. In his ideal world, he is destroying our future with the deficit.

And because of the tax cuts, inflation will likely rise, interest will therefore likely rise, increasing our future burden.

And yes, I understand that the deficit is awful. Are you aware that, since the tariffs, our deficit has INCREASED? As every economist predicted it would? Tariffs don't solve deficits. They are inefficient. And they have the added bonus of discouraging our relationship with our allies.

So Trump's economy, in short:
Pro's: Booming economy today (low unemployment, rising wages - and predicted to rise even more)

Con's: Increased trade deficit due to tariffs, similar budgeted spending, significantly lower revenue, significantly higher deficit spending, predicted increased inflation, predicted increased interest, resulting in predicted significantly higher future debt service.

The question for you: the economy was red hot when he took office (no, not due to Obama, so please don't deflect and make this about him). His adjustments have made it white hot. Did we need to go from red-hot, to white-hot, at the cost of our future?

No.

Trump is not doing us any favors, but he sure is making himself look good today. By the time this is a problem, he'll be out of office and think himself a hero.

We needed Trump's policies at the bottom of the economy, in 2008. Now that we're at the top of the business cycle, we should be saving for a rainy day (which WILL inevitably come). Instead, we're just spending even more and earning less at the federal level.
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Not only am I factually correct on the budget I am also factually correct on the personal income tax revenue growth WITH tax cuts. how does growing FIT revenue lead to higher deficits?

Sorry but the reality is Obama's economy was a disaster and I posted the results in context showing why never to be refuted by supporters. Putting America first truly bothers a lot of people, not me. Hard to claim we weren't near the bottom when trump took office with 1.2% GDP growth and basic economic malaise.

Trade deficits mean more imports than exports and that gap is closing, tariffs hurt other countries a lot worse than this one and most countries know that as most country rely on exports to divert from the reality that govt. spending in those countries is the largest component of their GDP.

I will continue to celebrate success not focus on the negatives of the past or negative projections of the future
 
Conservative said:
I do have fun kicking the crap out of the radical left with data, logic, and common sense
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Even when you were kicking the crap out of straw and air?

Still fun?
 
OlNate said:
My friend, you are in no position to lecture MTAtech. You cherry pick for partisan reasons as bad as anyone else. :lol:

Prove me wrong, and state your gratitude for Obama handing Trump a trajectory he can build on. Then I'll know you care about "results" and "statistics". But if you're too partisan to at least give credit where credit is due, per the actual statistics, why should anyone believe your analysis of those statistics in any other direction?
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So again bls.gov, bea.gov and treasury.org are partisan sites and thus aren't credible? sorry but someone from Canada doesn't have a clue.


I have posted that Obama trajectory which you have yet to refute, 2.9 to 1.6 to 1.2% obviously in the liberal world is an upward trajectory. Seems like trends matter more than context to you and yet you have posted no trends in context? I do care about results, results like part time employees now working full time, result like GDP growth exceeding 3% this fiscal year. and then there is the trend in debt growing from 10.6 trillion when Obama took office to 20 trillion when he left. Those trends seem positive to you?
 
MrWonka said:
No, I do all time you just ignore them.

Job creation through September:
2014: 2,192,000 - Obama
2015: 1,863,000 - Obama
2016: 1,852,000 - Obama
2017: 1,526,000 - Trump's first year.
2018: 1,875,000 - Trump with his tax cuts.

So Trump needed to jack up the deficit just to match the numbers Obama had his last three years while reducing the deficit.


Umm... What were you saying about posting rhetoric and opinion that's not supported by data?



2008: -707,000 - Bush
2009: -277,000 - Obama takes office, passes the stimulus package, the recession ends in June of that year.
2010: +584,000 - Obama
2011: +1,535,000 - Obama
2012: +1,625,000 - Obama
2013: +1,777,000 - Obama


So In Just Obama's second year in office after being handed the single worst economy since the Great Depression by Bush, he had us back growing more jobs than Trump did in his first year despite Trump being handed a phenomenal economy by Obama.


Bush added that debt.

View attachment 67241621


Right, see when you're handed skyrocketing deficits thanks to plummeting economy, two wars, and idiotic tax cuts from the Republican president before you it turns out it can take a couple years to get all that **** heading back in the right direction. It wasn't until 2011 and 2012 that Obama was finally able to bring the wars Bush started to a close and to end the Bush tax cuts. From that point forward as the economy just kept getting better and better the deficit naturally fell due to increased tax revenues from more people working.


The Debt, but we still have that debt, except now instead of using the strong economic growth to pay down that debt like Obama and Hillary wanted to do Republicans are unnecessarily creating more debt because they need to create a short-term economic bubble in order to convince millions of idiots that they did something to improve the economy. They're just hoping this bubble lasts long enough to try and get them through the 2020 elections just like Bush used it to get through 2004. Of course, it's only a matter of time before we all pay for the disgustingly reckless policies of Trump just like we did with Bush in 2007.
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OMG, what the hell is wrong with you people, if employment goes from 142 million down to 138 why is 138 the base and not the 142 million? Why isn't the 146 million pre recession numbers the base? Such partisan bull****

As for your chart, projected doesn't mean actual, post the actual?

Then what accounting program tells you that tax cuts are an expense?

Have you ever looked at the budget of the U.S.? Any idea what debt service is? Do we pay debt service on the debt or the deficits?

What a waste of time you people are, truly bullheaded and indoctrinated. What is it about liberalism that creates this kind of loyalty? You may be one of the most poorly informed members in this forum, the wars were paid for by yearly budgets and are part of the 10.6 trillion Obama inherited. Budgets are yearly not cumulative
 
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The Mark said:
Even when you were kicking the crap out of straw and air?

Still fun?
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Guess I never looked at people like MTA and Mr. Wonka or any of the other Obama supporters are straw and air but rather very poorly informed and educated radical supporters incapable of competing in a private sector economy so they have to destroy it
 
Conservative said:
Guess I never looked at people like MTA and Mr. Wonka or any of the other Obama supporters are straw and air but rather very poorly informed and educated radical supporters incapable of competing in a private sector economy so they have to destroy it
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Sure, sure.

I mean, I have no idea who you're talking about, but sure.

Yet they weren't around when you showed up this time, so it must have been a strawman you were attacking.
 
Conservative said:
I will continue to celebrate success not focus on the negatives of the past or negative projections of the future
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This, is exactly, what is concerning. Who cares about what this will do to the future - the eventual costs. Let's celebrate Trump today!

Let's ignore the past delta figures that Trump inherited. Let's just look at the EXACT same delta figures on these relevant statistics and celebrate and give Trump credit for it!

If you ignore the past AND ignore the future, then sure: Trump is great. But I refuse to be this short-sighted.
 
MrWonka said:
No, I do all time you just ignore them.

Job creation through September:
2014: 2,192,000 - Obama
2015: 1,863,000 - Obama
2016: 1,852,000 - Obama
2017: 1,526,000 - Trump's first year.
2018: 1,875,000 - Trump with his tax cuts.

So Trump needed to jack up the deficit just to match the numbers Obama had his last three years while reducing the deficit.


Umm... What were you saying about posting rhetoric and opinion that's not supported by data?



2008: -707,000 - Bush
2009: -277,000 - Obama takes office, passes the stimulus package, the recession ends in June of that year.
2010: +584,000 - Obama
2011: +1,535,000 - Obama
2012: +1,625,000 - Obama
2013: +1,777,000 - Obama


So In Just Obama's second year in office after being handed the single worst economy since the Great Depression by Bush, he had us back growing more jobs than Trump did in his first year despite Trump being handed a phenomenal economy by Obama.


Bush added that debt.

View attachment 67241621


Right, see when you're handed skyrocketing deficits thanks to plummeting economy, two wars, and idiotic tax cuts from the Republican president before you it turns out it can take a couple years to get all that **** heading back in the right direction. It wasn't until 2011 and 2012 that Obama was finally able to bring the wars Bush started to a close and to end the Bush tax cuts. From that point forward as the economy just kept getting better and better the deficit naturally fell due to increased tax revenues from more people working.


The Debt, but we still have that debt, except now instead of using the strong economic growth to pay down that debt like Obama and Hillary wanted to do Republicans are unnecessarily creating more debt because they need to create a short-term economic bubble in order to convince millions of idiots that they did something to improve the economy. They're just hoping this bubble lasts long enough to try and get them through the 2020 elections just like Bush used it to get through 2004. Of course, it's only a matter of time before we all pay for the disgustingly reckless policies of Trump just like we did with Bush in 2007.
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Very nice factual post. Of course the ALT Right will not agree. They believe in fiction, not facts.
 
1751Texan said:
The Stock market had a correction yesterday in reaction to the fed announcing another rate increase.

Clearly investors in the bond markets want a higher return for money borrowed to the US government to pay on the debt.

Inflation is not that hot to where the Fed has to increase rates, so all indication is that bond markets want a higher return for carrying US debt. There goes higher interest rates for credit cards and home mortgages.
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The rate increase is due more to the inflation rate and how hot the economy is right now vs the debt.
The rates increases are expected as the economy continues to surge forward and grow.
The inflation rate is within expected parameters for a healthy growing economy and the FED is doing early control.
 
The Mark said:
Sure, sure.

I mean, I have no idea who you're talking about, but sure.

Yet they weren't around when you showed up this time, so it must have been a strawman you were attacking.
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Then you aren't paying attention nor are you even trying to verify my data. As I have stated over and over again, prove the data that I post is wrong and I will leave this forum permanently leaving it to the leftwing radicals
 
Conservative said:
Then you aren't paying attention nor are you even trying to verify my data. As I have stated over and over again, prove the data that I post is wrong and I will leave this forum permanently leaving it to the leftwing radicals
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That wasn't my point.

My point was that your argument and data was not applicable to the post you responded to, and thus you must have been attacking some creation or assumption of your own mind.
 
MrWonka said:
No, I do all time you just ignore them.

Job creation through September:
2014: 2,192,000 - Obama
2015: 1,863,000 - Obama
2016: 1,852,000 - Obama
2017: 1,526,000 - Trump's first year.
2018: 1,875,000 - Trump with his tax cuts.

So Trump needed to jack up the deficit just to match the numbers Obama had his last three years while reducing the deficit.


Umm... What were you saying about posting rhetoric and opinion that's not supported by data?



2008: -707,000 - Bush
2009: -277,000 - Obama takes office, passes the stimulus package, the recession ends in June of that year.
2010: +584,000 - Obama
2011: +1,535,000 - Obama
2012: +1,625,000 - Obama
2013: +1,777,000 - Obama


So In Just Obama's second year in office after being handed the single worst economy since the Great Depression by Bush, he had us back growing more jobs than Trump did in his first year despite Trump being handed a phenomenal economy by Obama.


Bush added that debt.

View attachment 67241621


Right, see when you're handed skyrocketing deficits thanks to plummeting economy, two wars, and idiotic tax cuts from the Republican president before you it turns out it can take a couple years to get all that **** heading back in the right direction. It wasn't until 2011 and 2012 that Obama was finally able to bring the wars Bush started to a close and to end the Bush tax cuts. From that point forward as the economy just kept getting better and better the deficit naturally fell due to increased tax revenues from more people working.


The Debt, but we still have that debt, except now instead of using the strong economic growth to pay down that debt like Obama and Hillary wanted to do Republicans are unnecessarily creating more debt because they need to create a short-term economic bubble in order to convince millions of idiots that they did something to improve the economy. They're just hoping this bubble lasts long enough to try and get them through the 2020 elections just like Bush used it to get through 2004. Of course, it's only a matter of time before we all pay for the disgustingly reckless policies of Trump just like we did with Bush in 2007.
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Do you have this post copied onto some document as it is used by you and refuted by me many times over. Why don't you use Verifiable official data to support your claims and put that data into context? Pretty chart but irrelevant as tax cuts have grown federal revenue thus cannot cause deficits. Budgets are yearly and not cumulative and whether on budget or off budget doesn't matter still part of the yearly deficit. Tax cuts aren't an expense
 
Conservative said:
So again bls.gov, bea.gov and treasury.org are partisan sites and thus aren't credible? sorry but someone from Canada doesn't have a clue.


I have posted that Obama trajectory which you have yet to refute, 2.9 to 1.6 to 1.2% obviously in the liberal world is an upward trajectory. Seems like trends matter more than context to you and yet you have posted no trends in context? I do care about results, results like part time employees now working full time, result like GDP growth exceeding 3% this fiscal year. and then there is the trend in debt growing from 10.6 trillion when Obama took office to 20 trillion when he left. Those trends seem positive to you?
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Yes, we have a totally different understanding of statistics up here.... :roll: Good grief, but some of the stuff that you type belongs in the funny pages.

Your amateur analysis is entertaining and all, but the problem with analysis is that there's no room for both partisanship and accuracy - you get one or the other. And sometimes it sucks, because that thing you were really excited about tends to be get deflated in the face of prioritization of accuracy.

Anyway...as I said, I'm just playing with you. I know you'll never see things except how you want to, so we might as well have fun, in lieu of honest analysis, amirite? ;)
 
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