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U.S. Added 266,000 Jobs in November; Unemployment at 3.5%

RabidAlpaca said:
So then you give half of the credit for this "so much better economy" to the Democrats for their role in Congress? Just be honest, you're wearing rose colored goggles. It's also quite hilarious how you're making up nonsensical rules trying to cut off years of his presidency to make the growth seem less immense.
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Oh, my, so desperate to give credit to Democrats ignoring that first of all I WAS a Democrat, a JFK Democrat and have voted for more Democrats than you probably have voted Republican. Would be happy to give Democrats credit when they deserve it so tell me what policies they supported or initiated that generated the results we have generated prior to 2014 when Republicans took over the Congress or since January 2018 when Democrats took the House?
 
American said:
I accepts your surrender.
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I didn't surrender. I told you reality supported me. Did you even bother to read before posting something stupid?

One of these days I'm going to read a post which is honest and I'm just not going to know what to do.
 
Conservative said:
Oh, my, so desperate to give credit to Democrats ignoring that first of all I WAS a Democrat, a JFK Democrat and have voted for more Democrats than you probably have voted Republican.
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Being a Democrat is utterly meaningless, especially if it was before Nixon. Being a JFK Democrat is about as relevant as saying "I was an Lincoln Republican".

Would be happy to give Democrats credit when they deserve it so tell me what policies they supported or initiated that generated the results we have generated prior to 2014 when Republicans took over the Congress or since January 2018 when Democrats took the House?
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What have Republicans done since 2001? Tell me which policy has benefited you.
 
MTAtech said:
Is that what happened? Republicans (and some here) claimed that the ACA caused employers to pull back full-time employees and replace them with part-time employees -- but that's opposite of what the data (e.g. facts) show us. Under Obama, full-time employment increased while part-time decreased.

fredgraph.png


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Elections determine who has power not who is right.
 
pinqy said:
And multiplying a thousandth of a percent by a thousand gives you one percent. Why did you want to show one percent?
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Because according to his math 200,000,000 is one percent of the US population. Seems a little high, don't you think?
 
Jack Hays said:
Because according to his math 200,000,000 is one percent of the US population. Seems a little high, don't you think?
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You seem to be missing the substance of my comment... but then again, thats what people do when they dont have a real argument.
 
Debt based economic growth is going to bite us in the ass later in time and will stifle any real recovery and to add MMT is a fool's errand..
 
Threegoofs said:
You seem to be missing the substance of my comment... but then again, thats what people do when they dont have a real argument.
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I really don't care about whatever substance you thought you conveyed. Your innumeracy made the rest not credible.
 
RabidAlpaca said:
It was well under 14 in October 2007. It's always interesting how you don't care about the Republicans who crashed the market but only complain that "the recovery was too slow" when the market outperformed Trump's current performance by quite a bit. Over 21k when Obama left office.



Sure, I'd agree it is. But it's an objective fact that Obama had 8 consecutive years of solid growth and the conservatives complained simply because it was a Democrat. They pretend everything magically changed in January 2017, the economy changed on a dime and was suddenly good after sucking for so long.
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Its not an objective fact.

Obama GDP graph.jpg

Now, I haven't sourced this...YET. Do you have a legitimate criticism of this graph before I reveal the source?

Secondly Republicans didn't crash the market, greed did, lots and lots of greed.

Last, I would say the employment issue alone is better, employment opportunities and income are up, and the minority numbers are the best ever recorded. We still have a lot of things we could do better; Wal-Mart and Amazon are slowly trying to wipe everything else out while paying terrible wages. Bernie is right, that should change.
 
Great news!
Last summer we were promised a recession. So far so good! :)
 
OpportunityCost said:
Its not an objective fact.

View attachment 67269660

Now, I haven't sourced this...YET. Do you have a legitimate criticism of this graph before I reveal the source?

Secondly Republicans didn't crash the market, greed did, lots and lots of greed.

Last, I would say the employment issue alone is better, employment opportunities and income are up, and the minority numbers are the best ever recorded. We still have a lot of things we could do better; Wal-Mart and Amazon are slowly trying to wipe everything else out while paying terrible wages. Bernie is right, that should change.
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Your chart is quarters, not years, so yes it's an objective fact that he had 8 consecutive years of positive growth. I also don't see any big uptick when Trump took office. Thanks for further proving I was right.
 
Conservative said:
Yes, the stock market went over 14k in October 2007 and went to a little over 18k on election day 2016 a 4k change, it is up over 10k since that election day, a going away gift to Obama? LOL

Obama had 4 straight years of trillion dollar deficits, Trump has been in office three years, two budget years and won't come close and there is a difference, Obama's deficits came with almost zero interest rate charges to the debt service, Trump had 7 interest rate raises in his first two years in office affecting mandatory expenses. In addition the tax cuts put more money into the pockets of the American taxpayers which weren't there under Obama.

Thanks I will continue to educate people like you so thank you!
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Yes, the stock market went over 14k in October 2007 and went to a little over 18k on election day 2016 a 4k change, it is up over 10k since that election day, a going away gift to Obama? LOL
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Big deal



What Goes up must come down. I'm not the one that has a Hard on for the stock market(LOL).

Obama
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There ya go again.. Obama this and Obama that(Rolling eyes)


Did you know that there are more people now not Paying a Fed income tax under Trump?

How does it feel?
 
Re: U.S. Adds 266,000 Jobs in November

Phys251 said:
First of all, it's "were," not "we're." Dumb typos make a bad point look even worse. ;)

Second, Obama's recovery plan helped get the recovery going. That and TARP (which Bush signed into law) saved us from the worst. I am sure you studied these sorts of things in your economics class. :)
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Don't you just hate it when a poster edits your words for no other reason than to change the meaning and then presents them as if they have not been changed?
 
Dans La Lune said:
Being a Democrat is utterly meaningless, especially if it was before Nixon. Being a JFK Democrat is about as relevant as saying "I was an Lincoln Republican".



What have Republicans done since 2001? Tell me which policy has benefited you.
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Tax cuts, regulation reform and returning power to the states. That is what JFK did but apparently you aren't up on your history. Never expected any taxpayer to fund my personal responsibility items, why have you?
 
Luther said:
Big deal



What Goes up must come down. I'm not the one that has a Hard on for the stock market(LOL).



There ya go again.. Obama this and Obama that(Rolling eyes)


Did you know that there are more people now not Paying a Fed income tax under Trump?

How does it feel?
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That is the point, those who claim that the tax cuts only went to the rich ignore the fact that approximately 50% of income earners pay ZERO federal income taxes so how do you give a tax cut to someone who does't pay FIT? I couldn't care less what anyone else earns or pays in taxes, the Democratic Party is the party of class envy and jealousy in spite of the fact that their candidates are multi millionaires who benefited from the economy they want to destroy now with massive social spending

The Trump economy feels great especially to the 6.5 million new jobs created since Trump took office and all actual taxpayers keeping more of what they earn. State and Local revenue is setting records and more money going into infrastructure.

Big Deal??? Yes, 401k growth is a big deal, job creation a big deal, keeping more of your money is a big deal, infrastructure spending is a big deal, trillion dollar growth in GDP is a big deal. Record and historic low African American unemployment is a big deal. Why don' you tell me what is so great about today's Democratic Party
 
Re: U.S. Adds 266,000 Jobs in November

code1211 said:
Don't you just hate it when a poster edits your words for no other reason than to change the meaning and then presents them as if they have not been changed?
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Most people such as yourself who suffer from TDS feel entitled not to be held accountable for their words. :)
 
Conservative said:
Enjoy the video. It is obvious to me that you have no understanding of leadership nor apparently can explain how the economic results have been obtained. Pro growth economic policies including the tax cuts and regulation cuts along with the elimination of Obama anti growth EO's were entirely Trump with the support of a Republican Congress. Steady growth to you was meager at best and coming off what was called the worst recession in American history was a disaster

How do you explain the stock market reaction to the 2016 elections, a going away party for Obama?

WATCH VIDEO: Fake News Media Has Been Thunderstruck! | Republican News Watch
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Stock market reaction? You mean the sudden dip in 2019 that was a reaction to his tariffs (taxes)?
 
Dittohead not! said:
27,904.68 −4.92 (0.018%)
Dec 10, 12:05 PM EST ·
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So, 19k to 27.9k in three years is a problem for you? You really have no understanding of investing, do you? Biggest trade deal in history just past the House and of course this all is due to Pelosi and has nothing to do with Trump?
 
Dittohead not! said:
27,904.68 −4.92 (0.018%)
Dec 10, 12:05 PM EST ·
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Markets are currently being juiced by an unofficial form of quantitative easing. Such monetary stimulus is sure to show up in liquid asset markets, i.e. top-rated U.S. dollar denominated equities and fixed incomes. Economic growth is being driven by deficits and easing a.k.a. fiscal and monetary stimulus! The unemployment rate currently sits at 3.6% and deficit growth is likely to push us to $1.1 trillion for FY 2020 while the 10-year Treasury trades south of 2%. Very similar to the 2011-2015 trend other than a most striking difference: the deficits fell dramatically.

Big government conservatism at it's finest. :lol:
 
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