Payrolls smash estimates with gain of 250,000, wage gains pass 3% for first time since recession

Discussion in 'Economics & Trade' started by US Conservative, Nov 2, 2018.

  1. US Conservative

    US Conservative Well-Known Member Past Donor

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    That was a very impactful ad.

    Trump seems to want to keep it going...
     
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  2. GraspingforPeace

    GraspingforPeace Well-Known Member

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  3. Marine1

    Marine1 Well-Known Member Past Donor

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    What the NY Times isn't saying is the difference in the type of jobs. The Democrats were praising Obama's job growth of 12 million jobs, what they failed to point out is over 90% of those jobs were in the service industry and thousands of those were part time jobs. A full 77% of all the jobs created in 2013 were part time. With over 300,000 manufacturing jobs lost. Those are not the kind of jobs created under Trump's policies. No comparison at all.
     
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  4. Zorro

    Zorro Well-Known Member

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    I cherry picked nothing, I used every single day in Trump's presidency. The facts are clear and undeniable. Trump's performing better on the Federal Debt that Obama did, even while he has doubled GDP growth with the sharpest year over year wage spike in nearly a decade.

    Trump's off to one hell of a start, let the man work!
     
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  5. US Conservative

    US Conservative Well-Known Member Past Donor

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  6. ronv

    ronv Well-Known Member

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  7. 61falcon

    61falcon Well-Known Member

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    USA ranks 41st in the world for home ownership behind Russia China and India among others??
     
  8. US Conservative

    US Conservative Well-Known Member Past Donor

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    Lol.
     
  9. ronv

    ronv Well-Known Member

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  10. ronv

    ronv Well-Known Member

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    The nation’s second-largest automaker hasn’t yet revealed how many workers will be affected. But a report by Morgan Stanley estimated that as many as 12 percent of the company’s 202,000 workers worldwide could be cut, NBC reported.

    Layoffs will center on Ford’s 70,000-strong white-collar workforce as part of what the company is calling a “redesign” of its staff in an ongoing $22.5 billion reorganization, according to NBC.
     
  11. freakonature

    freakonature Well-Known Member

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    The slope of the trend line on most economic indicators are higher under Trump. Rewriting history to give Obama economic management credit isn't supported by the numbers.
     
  12. GraspingforPeace

    GraspingforPeace Well-Known Member

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    Yes, like the automotive industry as well.
     
  13. FreshAir

    FreshAir Well-Known Member Past Donor

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    by the logic the debt has hit all time highs under Trump too

    the fact is, the numbers improved under Obama and Obama passed off a better economy then the one that was passed on to him - I just hope Trump does the same
     
    Last edited: Nov 4, 2018
  14. freakonature

    freakonature Well-Known Member

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    The bank payoff, stimulus and auto restructuring was all atrocious. Bush and Obama blew it.
     
  15. FreshAir

    FreshAir Well-Known Member Past Donor

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    India is gonna become the next USA, they are stealing all the IT and customer service type jobs, so they will be the Information Society in the world... American Corps sold American out on the cheap, American is no longer gonna be the information Society

    I do not even think Trump gets the national security risk implications this is to our society to give India so much control of our information

    if India loses it's internet connection with the USA or they intentionally shut it down, we are at their mercy
     
    Last edited: Nov 4, 2018
  16. FreshAir

    FreshAir Well-Known Member Past Donor

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    the Trump economy is coming, I feel sorry for the next generation

    [​IMG]
     
    Last edited: Nov 4, 2018
  17. Robert

    Robert Well-Known Member Past Donor

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    That is debatable but commentary does not impute to truth. No matter the opinion maker.

    The banks actually did not use the money. Banks were under assault and the Bush admin believed a transfusion of cash would keep the public confidence up. And it worked. Banks claimed to be strong and not need that cash. I would not say Obama blew it other than he signed into law Dodd Frank and the ACA. That was a blunder.
     
  18. Robert

    Robert Well-Known Member Past Donor

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    i know Software engineers who work down the hall and explain things we Americans get wrong. They allege that the India on American TV is not the true India.

    They do not seem about to catch the plane back to India though.
     
  19. Robert

    Robert Well-Known Member Past Donor

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    That is like saying Jimmy Connors passed along a better game of Tennis. Silly when you know how the US Government actually works.

    Where did posters get this notion the president has an economy? Where did they learn a president manages an economy? I believe it came from FDR but that was pure nonsense than and now.
     
  20. Zorro

    Zorro Well-Known Member

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  21. Draco

    Draco Well-Known Member

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    Then why did Obama say what Trump is doing would be impossible?

    Why did the choir change from saying the economy sucked, to saying it is now Obama’s economy?

    Trump is doin VERY welll with the economy, so much that Dems have changed tactics around it, knowing it to be true that the economy is better now than the last eight years.

    Watching you guys flip scrips constantly is just proof that it’s bugging you
     
  22. FreshAir

    FreshAir Well-Known Member Past Donor

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    what did Trump do to change the good economic trend Obama passed him? nothing as the trend is the same as was passed on to him

    I just hope Trump doesn't reverse it like Bush did
     
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  23. struth

    struth Well-Known Member

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    We just can't give Trump a Dem Congress, that's what happened to Bush. Remember tomorrow, to vote the Dems out
     
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  24. Robert

    Robert Well-Known Member Past Donor

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    What makes you think Obama passed anything along?

    Why not credit the head of the Federal Reserve or black magic? Bush reversed nothing. Bush lacked the tools to do that.
     
  25. Talon

    Talon Well-Known Member Past Donor

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    Trump lowered taxes, reduced regulations and brought a pro-business/pro-private sector attitude to the White House.

    The economic trend Trump inherited from Obama sucked - that's why Trump is president and the woman who pledged to continue Obama's failed economic policies is home writing books about how she lost the election. GDP growth in 2016 was an abysmal 1.49%, and that lousy figure was a paltry .01% higher than the average annual GDP growth rate under Obama - 1.48%.

    What you laughably call a "good economic trend" was the fourth worst of any and every president in U.S. history.

    Trump has already reversed Obama's failed performance and record, thank goodness. This year the U.S. economy is poised to reach 3% annual GDP growth for the first time since 2005. Who was president back then?

    It surely wasn't Obama. Since economists started keeping track of GDP data the ANSWERnik in Chief is the only president to fail to preside over a single year of 3% GDP growth during his entire time in office.

    [​IMG]
     
    Last edited: Nov 5, 2018
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