Posted on 12/06/2016 9:48:52 AM PST by SeekAndFind
Most under reported Economic stat is Labor Participation Rate. This Gives you a better sense of Un-Employment as it counts the able bodied worker who gave up looking. It is hitting historic lows at 62.7%
I am curious when you look at this and Unemployment how many “employed” workers are working 2-3 Part Time jobs, or making half their Marketable Salary and thrilled to be working.
We have a very stagnant economy right now. Not horrible, but not awesome either. I believe with Trump’s roll back of Taxes on Corporations and People and also important Regulations - Things could really heat up & the Stock Market knows this as Stock Prices are all about future earnings.
One quarter’s data (albeit questionably), does not a trend make.
5.56mm
In other words, even the current anemic real median household income figure probably overstates the case due to under estimating inflation. I`m also curious as to whether various forms of wellfare payments count towards household income. If so, then that would be another reason for viewing these statistics as overstating the case.
Kek means “lol” as in I’m laughing at the author of this ridiculous piece.
It’s a pro Trump meme :)
If the electorate believed this, HRC would have one. The bulk of American just didn’t see a robust recovery.
Also, DU is not very good at actually being funny...
Typical liberal media. Just like they blamed Bush for anything bad that happened during Obama’s entire eight years. They will try to give Obama credit for anything good that happens during Trump’s eight years...
especially when the cost of groceries has doubled over that time
agreed
And if you believe that one I’ve got some government unemployment number to sell you.
Same here. Since 2014.
"So, except for that thing that happened just after 10 PM, how was your evening at the theatre, Mrs. Lincoln?"
GDP growth is the best overall indicator of economic health. Lots of the other numbers can be (and are, clearly in some cases, being) fudged. Expect the household median income numbers to be "adjusted" sometime during the first quarter, for example. The GDP itself was also "mysteriously" boosted for the third quarter; expect that one to be "adjusted" as well, as it has been (downward) several times during this fake presidency.
So, Chris advances the latest fake narrative in a fake column. He should go back to his fake news channel. Why was he given a forum in a business publication (other than Business Insider?)
Correction: he can’t go back to his fake news channel, because he’s also a fake Chris Matthews.
That’s just Jim Jones koolaid sh!t right there.
Thanks :)
Chris Matthews needs to be locked up.
He’s a delusional liar.
Working Americans voted for President Donald Trump because they were so thrilled with Barack Hussein that they wanted Trump’s version of continuing that economy? Really? Or are they so stupid they didn’t understand how wonderful not having a job really was? Either way, that sounds like more fake news.
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