Skip to comments.Trump Lauds Job Numbers He Once Impugned
Posted on 03/11/2017 9:02:50 AM PST by PK1991
President Trump lauds job numbers he once impugned. He is now owns the bubble burst and resulting collapse with less than two months in office.
All your base are belong to us!
He is now owns M.A.G.A.!!!!!
What “bubble burst”? Surely the economy was doing splendidly while Obama was in office, once he picked up after Bush.
The unemployment rate is debatable but the but the new jobs are good.
Do you like cheese?
Worked for 8 years, because it is true.
It really is Bush's fault! He knew and still knows who and what Hussein is, and gladly handed the Republic over to him!
Your comment doesn’t make obvious sense.
But Trump was right that Barry’s jobs results were miserable. He is also right that the gains in jobs in his first month are a good step in the right direction. Schiff was too vague: Trump disputed the 4.8% number, not the monthly counts of new jobs.
Sure, there’s an adjustment coming in retail bricks and mortar and jobs. And interest rates are headed up. That doesn’t mean the economy is about to crash.
The economy will crash if Trump signs onto a bad Obamacare 2.0 bill and doesn’t get his tax plan passed. He should have proposed his tax cuts on day one, rather than let Congress shuffle it to the back of its priorities.
Okay, fine. What are the actual job numbers? Don’t make me click-bait video. Give us the numbers and compare them to Barky’s using the same criteria. Criterium? Criterii?
It’s not as much about the numbers. It’s the fact that these are full time “real work” jobs rather than part time, minimum wage, service jobs.
Spicer had a good response. He said something like “The president wanted me to tell you that they were phony then. Now they’re real as sh!t.” Lol.
Were the type of jobs in the announcement? I didn’t see that.
Where I work there are literally thousands of “contractors”
a’la Microsoft rules - work 12 months, off 3, to avoid the company having to pay benefits. We have oxymorons - permanent temps. Plus we exported departments to India/Phillipines and who knows where. You call the help desk and you get someone halfway around the world who frequently doesn’t understand the context in our words. I recently had to take my laptop home so I could talk to the help desk at 9:00 p.m. our time. It’s awful. I’d rather deal with Americans!
I guess I’m venting but the frustration is widespread.
We know the unemployment numbers were phony. We had to look at the labor participation rate.
So, that’s why I want to know. What is the labor participation rate doing? Its probably too early to see much change, since all the new investment they are talking about takes time to translate into actual employment. But that’s the number I’m watching.
The issue is that for 10 years the FED has been providing free money with 0 interest rates to bolster President Obama. When the numbers start to improve and inflation starts to take off a FED rate hike is likely to implode the stock market and the economy. Since we have interest rates so low already, what weapon does the FED have to fix it when the implosion occurs. Look at how much money has been printed in the last 10 years in comparison to historical numbers. By taking credit for these two month numbers, President Trump is taking ownership of an economy that is ready to hit the rocks. What goes up must come down. What goes up high must come down further.
Also the number of people on food stamps and other forms of welfare.
Big mistake - he should have shifted back to U6 on the first day he took office.
The Stock Market has always gone up and down. The fact that it was propped up using Sharia banking laws and printing money only goes to show the growth was as fake as Barky's birth certificate.
Time will tell what happens during Trump's Presidency, but at least it will be real.
We can either engage in hysteria or start edumacating the sheeple.
We know what The Fake News Media is going to do. What are you going to do?
Plan to ease air out of the bubble and transfer the air elsewhere rather than blowing more air into into the balloon. President Trump mentioned the problem with the FED money printing in the debates. The plan seems to be blow more air through infrastructure spending. Hopefully Hollywood/Goldman Sachs Steve Munuchin will make it work.
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