Posted on 03/05/2021 11:45:01 AM PST by E. Pluribus Unum
The U.S. economy is out-performing expectations on almost every front.
Friday’s release of the employment situation in the U.S. is just the latest data point showing that the U.S. economy is growing at a much faster pace than anticipated. The economy added 379,000 jobs in February, the Department of Labor said. January’s figure, which was initially reported as a very weak 49,000, was revised up to 166,000. Combined with smaller job losses in December, it’s clear the labor market is in far better shape than forecast.
It’s not just jobs. Factory orders rose by 2.6 percent in January, topping the estimate for a 2 percent rise. December was revised up from 1.1 percent to 1.6 percent. Construction spending grew by 1.7 percent in January and an upwardly revised 1.1 percent in December. It’s up 5.8 percent for the year.
The Institute for Supply Management’s manufacturing index points to better growth than expected. Retail sales are rising.
In short, the economic picture has failed to live up to the “dark winter” that President Joe Biden said America was facing.
(Excerpt) Read more at breitbart.com ...
I don’t trust our GDP numbers.
I don’t trust our employed or unemployed numbers.
Did you watch that video floating around here showing Wilshire
Boulevard.
Large and small businesses boarded up. Homeless seemingly
everywhere. Trash on the streets, even with homeless not
present.
It looked post apocalyptic.
I’m with you in the area of thinking we’re not getting the
straight scoop.
I didn’t trust the numbers under Trump either. I’m not blaming
him, but I think he was being lied to also.
The deep state folks seem to be playing some kind of a game
of Monopoly where nobody wins but China.
This nation has ceased to exist in many ways.
Democrats thought they were going to have an easy time pumping air into a flat tire again and they were looking forward to it too. Sorry, but the tire was already reinflated.
Democrats thought they were going to have an easy time pumping air into a flat tire again and they were looking forward to it too. Sorry, but the tire was already reinflated.
I personally have zero problem with “electric cars”, electric planes, or anything else. I would readily buy one on its own merits.
What I have a problem with is people telling me I need to compromise and buy a vehicle that can only go a third of the distance I would go in a gas powered car, and to do even that I can’t have the AC or heating running, and the car is half more expensive and my tax dollars are propping it up too, all because we have only 11.4 more years until the world ends due to global warming!
Yeah, I pretty much agree with that right now.
In three years some of these cars will be going 500 to 1000
miles on a charge.
Some of them will be charging up in 15 minutes or less.
Beyond that, upkeep will be a lot less also.
If you toss in automated driving, they’re saying it will
reduce a lot of accidents, save lives, save insurance companies
a lot of money. We’ll have lowered insurance payments.
Look, I don’t buy into all of this. I have heard some pretty
good presentations on what is happening.
Academically speaking, there is one hell of a lot of potential
here.
Leaving Los Angeles and powering up in Texas sounds pretty good
to me.
Lets face it. They are going to jack up the cost of gasoline to between $5-$10 bucks per gallon.
There’s not much we can do about it.
Note the date and times of these reports over the next few months. Give Harris and Biden’s policies about a year to tank the economy and they and the lapdog press will claim it the Trump recession.
I have always felt that some kind of breakthrough with room temperature superconductors was going to kick off the revolution that is waiting in so many fields when that happens...such as batteries and electronics.
I love driving on my own, but I am also pulling for automated driving, because when I reach that age where I won’t be allowed to drive...
I think the technology is there to do it right now, it is the implementation that is problematic. And yeah...imagine driving to or from work at a nearly constant speed, reading a book (or snoozing) and the car, communicating with all cars around it, only slows nearly imperceptibly to allow one to pass in front and one behind as you zoom through a crowded intersection.
Heck, I can see that. But I want to be able to drive independently, too. Perhaps on a roadway that allows it. I dont’ know.
I don't trust official stats, but I saw local businesses grow, new startups, housing construction, and the consumer lines before Corvid struck. Other than the TDS people, even some Dems had to admit it was the best economy in decades. Of course, they didn't give Trump any credit. It was due to Obambi policies. What a crock.
I and others here have enumerated all the policies of Trump that increased jobs and the economy. I'm sure you know what he did.
Ask these enviro-weenies to look around just where they're sitting and see how much is made of plastic. As I sit here in my office, my computer, printer, modem, router, desk lamp, headphones, cord connectors, telephone, glasses, etc., consist in part of plastic. That's a short list.
“... than anyone thought”?
People were Thinking? No they weren’t. Anyone with an independent thought and a mind free of hate could see Trumps was going to succeed at this way beyond what the haters ‘felt’
Exactly.
Leftists are such dumbasses.
The same people who demonize corporations as they sit in a Starbucks, wearing their stupid branded Nikes, texting on their Apple iPhones, over a Verizon network, run on Cisco and Microsoft before they jump in their Toyotas and drive away on highways built by large construction companies...
I had to stop taking them seriously years ago, and only regard them as thieves and enemies.
Sheesh.
He’s only been in for a little over a month. It’s going to take time for the damage to ripple through the system
I’m with you on that.
I could see using it if I were traveling long distance.
May get there locally, but I don’t see that as easily.
Of course the accidents happen 25 miles from home generally.
I do, and I’m not trying to downplay what he did.
His business acumen really paid off. It was after the COVID-19
situation and the claims that everything was basically alright.
We’re only six weeks since Trump left office, and that Whilshire
example was a long time coming. Can’t tell me we’re healthy
economically.
Look, it would have been a lot worse if not for Trump, and Biden
is about to make that very clear.
Trump has my respect for holding things together as much as he
did considering what the Democrats were willing to sign on to
with ANTIFA, BLM, and other.
A person blind in one eye and barely able to see out of other one could see that Trump’s economy was the best in two generations.
Of course. They always do. They’ll run it into the ground, the Republicans will lift it and same crap, different day!
ONLY... I detest the GOPe ‘do not offend the leftist’ or we’ll lose our cushy seats.
I’m thru with them. I want my Donald back and a new party! If only....sigh.
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