"In towns where workers are scarce, employers are boosting pay and perks and stepping up recruiting—all while trying to avoid raising prices.
What will happen when the U.S. unemployment rate falls below 4 percent, which is expected to occur by this summer?"
https://www.bloomberg.com/news/feat...record-low-unemployment-looks-like-in-america
What will happen? Democrats will flip out and trip all over themselves trying to somehow credit Obama. LAFF
I find your closing line curious. You seem to have realized the weakness in your position. That's important. It's the first part of the trial tactic called "taking the sting out" of bad evidence you know that the other side will produce.
The problem is that you have managed to **** up employment of that tactic. You see, saying "[haha, they're going to show that I'm full of ****]" is
not how you take the sting out. You have to actually do something to try to show why the evidence is not so bad. If you cannot do that, then you elicit it to make yourself look open and honest, but otherwise avoid it until you can deal with it. What you do not do is mock them over the fact that they're about to kick your ass.
Here is "somehow" crediting "Obama":
Now, in reality, we call that evidence. It has stayed in that rough vicinity. It is apparently still 4.1%. I'm too lazy to dig up the graphs.
I'll also note: in no way does Obama deserve full credit. But neither does Trump. Trump cannot be credited with anything more than a DOW kick resulting from giving cash flush corporations a tax cut, thereby boosting stock buy-backs and similar stock price supports. And, then there was some deregulation orders - many are tied up in court because of problems with compliance with congress's Administrative Procedure Act - but those too are only going to effect a short term stock price bump
if they are perceived at lowering business marginal costs, hence marginal profits.
Whatever caused that massive decline in the unemployment rate under Obama, it caused the same in 2018. Trump's stuff is going to take some time to come online, like all such complicated legislation in a complicated world economy does.
Extra credit: does anyone want to find out wither KLATTU criticized the decline in unemployment rate under Obama by talking about supposed "real unemployment", which takes into account the absolute number of people not working but not the reason why?
:lol:
(Edit: Below this "lol" emoticon, there is a graph in grey with a red line. I think it might have been one of those "real unemployment" distractors but I"m not sure. I linked the wrong graph. I removed the link from my post but it won't go away. What the hell? Does anyone know how to make it go away? Can a mod make it go away? It seems a fault in the software. It's happened before. Once the image was posted via URL, it gets permanently stuck in the post, unless the post is entirely deleted.)
