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Putting the lie to the "economy is bordering on recession" narrative.
1 posted on 01/04/2019 6:03:16 AM PST by ScottinVA
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To: ScottinVA

This is so true.

In the past week, I know of three people who lost their jobs, and got a better one the VERY NEXT DAY.

In the past, the loss of a job meant weeks of unemployment (or even MONTHS), countless tuning up of resumes, on-line postings, vain attempts at networking, and general malaise.


51 posted on 01/04/2019 8:27:45 AM PST by left that other site (For America to have CONFIDENCE in our future, we must have PRIDE in our HISTORY... DJT)
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To: ScottinVA
Putting the lie to the "economy is bordering on recession" narrative

It also goes to show how the job market (America's real economy - production/consumption) is largely divorced from how the stock market (the economy of speculation) is doing.

The elites are wailing about a "recession" because the stock market is doing poorly. Back when the stock market actually represented investment in production, this would have mattered. Thanks to futures/derivatives trading combined with offshoring, there is little to no connection. The stock market could be doing well in times of mass unemployment, and conversely the market can crash when we have near full-employment.

52 posted on 01/04/2019 8:29:59 AM PST by ek_hornbeck
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To: ScottinVA
Probably a good time to impeach the president - right when many American's are starting to get back on there feet or see a raise in wages/salary for the first time in ages.

Do it democrats see what happens - they really are that stupid

58 posted on 01/04/2019 9:06:00 AM PST by datricker (Cut Taxes Repeal ACA Deport DACA - Americans First, Build the Wall, Lock her up MAGA!)
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To: ScottinVA

November saw its disappointing 155,000 original report revised up to 176,000, while October’s count went from 274,000 to 237,000, for a net gain of 58,000 from the previous tallies.
———
Looks like something is stated backwards.


61 posted on 01/04/2019 9:28:23 AM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: ScottinVA

Pelosi, Schumer: “Oh crap! It’s hard to knock Trump when he’s doing so well.”


65 posted on 01/04/2019 10:35:01 AM PST by From The Deer Stand
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To: ScottinVA

The anti-American media is trying to talk the country into a recession to defeat Trump just as they tried to talk it up during Obama to keep him in office.


72 posted on 01/04/2019 2:56:08 PM PST by Vaden (First they came for the Confederates... Next they came for Washington... Then they came...)
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To: ScottinVA

For some reason my IPhone “News” widget always includes articles from HuffPost Canada. Not sure why because they are anti-Trump 24/7. Anyways here in Canada if you rely on the Toronto Star, Globe and Mail, or HuffPo, you would never know the US economy was the rocket it is.


87 posted on 01/08/2019 10:52:37 AM PST by Sam Gamgee
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