Holy crap we got a Kruggles sighting! He's been even more elusive than Governor Ralph KKKoonman Northam (D-VA)...
Most American workers log in far more than 40 hours a week. FORTUNE, U.S. Workers Put in Staggeringly More Hours Than Europeans Do BY MICHAL ADDADY, October 18, 2016. https://fortune.com/2016/10/18/americans-work-hours-europeans/
Markets were up 1100 points in the last 4 days. The coronavirus news on MSM still has some fearful. Taking some profits after a rally is almost a sure bet no matter what the news. Notice more defensive stocks and utilities are up, also predictable. Transports are holding. We are about 1/2 way through earning season with around 68% beating estimates. Markets will remain volatile until the virus scare is over. This is just a small blip today. We had a 3% correction a couple weeks ago that was expected to be between 5-10%. Markets are still up for the week and will probably continue with more upside next week. When valuations and P/E ratios are as high as they are and with the NASDAQ at record highs, there is always some money taken off the table. Also, February is typically one of the slowest months of the year yet we rallied from a pullback at the end of Jan.
I'm sure someone has already addressed this..... but your statement is an oxymoron. If government hinders job growth, then by in itself, government can also not hinder growth (easing regulations etc.), allowing for greater private growth and more employment opportunities.
It’s almost predictable what the left will say the reason is. Check out what Noble Prize winner world economist Paul Krugman said about Trump 3 years ago. One of the nation’s leading doomsayers has been the New York Times’ perpetually mistaken Paul Krugman, who warned shortly after the 2016 election that Trump’s victory would trigger a global recession “with no end in sight.” We could file that under “post-election hysteria,” but as late as April of this year he was still telling crowds that the bond-market signals predicted “a pretty good chance of a recession sometime in the next year or so.” And he has kept this going all year:
We will now pause as our political Left methodically tell us that Obama Built That while then insisting that those numbers are also fictional in nature and that therefore instead somehow Trump actually Demolished That. Just because they are mutually exclusive logic structures doesn't mean that a party loyalist Dem Party member won't whole-heartedly embrace them and argue for each of them with equal fervor.
The Presidency always have greater impact when it comes to economics because of policy making, Trump's moves really improve the economy, but I have doubt with the protectionism for so much of it will alienate us from global economy which is really the main source of revenue.
We've been at full employment for a couple of years now and were are STILL adding 225K!! That is amazing!!! The LFPR ticked up a little meaning people are reentering the workforce to become taxpayers instead of government expense. The left can't stand it.
How are the trends on job growth significantly and objectively different under Trump than they were under Obama. Been asking this for years without an answer. Thoughts?
Pretty sure most economic indicators had started their upturn even while Dems controlled Congress and the WH.
I agree he isn't making up the numbers . . . but Trump and others called those same numbers made-up when Obama was in office. Trump and his followers are the ones being inconsistent on this one.
I seem to remember Obama saying something like "those jobs aren't coming back." Surely all these news jobs must have something to do with green energy.
Those jobs were coming back even while he was in office. Try paying attention to facts instead of quotes, as difficult as the thought of looking at actual economic trends may be for Trump supporters.
Says here Obama's job growth in January 2015 was under 200,000. https://data.bls.gov/timeseries/ces0000000001?output_view=net_1mth Still waiting on that yield curve inversion to hit.
The facts are that the jobs didn't come back under Obama and Obama said they weren't coming back. Don't try to credit Obama with Trump's success.