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Trump Lauds Job Numbers He Once Impugned
YouTube ^ | March 11, 2017 | Peter Schiff

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.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: economy; jobs; recession; trump
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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.
1 posted on 03/11/2017 9:02:50 AM PST by PK1991
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To: PK1991
He is now owns the bubble burst and resulting collapse with less than two months in office.

All your base are belong to us!

2 posted on 03/11/2017 9:04:12 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Texas Eagle

He is now owns M.A.G.A.!!!!!


3 posted on 03/11/2017 9:07:51 AM PST by Twinkie (DEMOCRAT PARTY & MSM ARE DEAD.)
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To: PK1991

What “bubble burst”? Surely the economy was doing splendidly while Obama was in office, once he picked up after Bush.


4 posted on 03/11/2017 9:08:03 AM PST by Cicero (Marcus Tullius)
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To: PK1991

The unemployment rate is debatable but the but the new jobs are good.


5 posted on 03/11/2017 9:08:30 AM PST by Aria (2017: Stay strong POTUS - the left lost control of trillions & will do anything to regain power.)
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To: PK1991

Do you like cheese?


6 posted on 03/11/2017 9:08:34 AM PST by glock rocks (... so much win!)
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To: PK1991
What happened to "It's Bush's Fault"?

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!

7 posted on 03/11/2017 9:09:16 AM PST by rawcatslyentist (TETELESTI Read em and weep Lucy! Yer times almost up.)
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To: PK1991

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.


8 posted on 03/11/2017 9:12:04 AM PST by 9YearLurker
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To: PK1991

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?


9 posted on 03/11/2017 9:13:50 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Aria

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.


10 posted on 03/11/2017 9:14:55 AM PST by Sacajaweau
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To: PK1991

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.


11 posted on 03/11/2017 9:15:11 AM PST by nhwingut (Trump Pence 16 - Blow Up DC)
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To: Sacajaweau

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.


12 posted on 03/11/2017 9:24:31 AM PST by Aria (2017: Stay strong POTUS - the left lost control of trillions & will do anything to regain power.)
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To: PK1991

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.


13 posted on 03/11/2017 9:24:57 AM PST by marron
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To: Texas Eagle

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.


14 posted on 03/11/2017 9:26:39 AM PST by PK1991
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To: marron

Also the number of people on food stamps and other forms of welfare.


15 posted on 03/11/2017 9:27:23 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: PK1991

Big mistake - he should have shifted back to U6 on the first day he took office.


16 posted on 03/11/2017 9:29:50 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: PK1991
What goes up must come down. What goes up high must come down further.

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?

17 posted on 03/11/2017 9:32:31 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: PK1991

IBTZ


18 posted on 03/11/2017 9:37:01 AM PST by right way right (May we remain sober over mere men, for God really is our one and only true hope.)
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To: PK1991
Obama never owned up to anything.
The reality of Obamas ‘FU America’ damage to this nation is what is going to come to a head here soon.
The guy was a total propped up affirmative action phony. The emperor with no clothes who has never been called on it until Trump.
19 posted on 03/11/2017 9:44:47 AM PST by right way right (May we remain sober over mere men, for God really is our one and only true hope.)
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To: Texas Eagle

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.


20 posted on 03/11/2017 9:54:10 AM PST by PK1991
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