Grokmaster (02-07-2020), Truth Detector (02-07-2020), USFREEDOM911 (02-07-2020)
Employers added 225,000 jobs. Forecasters had expected a gain of about 164,000.
https://www.nytimes.com/2020/02/07/b...bs-report.html
January 2020 Manufacturing ISM®
https://www.nytimes.com/2020/02/07/b...bs-report.html
PMI® at 50.9%
GDP Growing at 2.4%
Grokmaster (02-07-2020), Truth Detector (02-07-2020), USFREEDOM911 (02-07-2020)
PMI®
Manufacturing expanded in January, as the PMI® registered 50.9 percent, an increase of 3.1 percentage points from the seasonally adjusted December reading of 47.8 percent.
“The PMI® expanded in January after contracting for five straight months. Four of the big six industries expanded, compared with two in December. Six of the PMI®’s 10 subindexes recorded expansion, a marked improvement from the final months of 2019,” says Fiore. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.
https://www.instituteforsupplymanage...gROB.cfm?SSO=1
Grokmaster (02-07-2020), Truth Detector (02-07-2020), USFREEDOM911 (02-07-2020)
Democrats consider that a bad thing. It means less and less dependency upon the government and less votes they can buy using taxpayer money.
Obama had good growth, from retraction to expansion. Obama starting with a Bush recession, stock market and real estate collapse, and finished with expansion, growth and high RE prices. Why are you crowing?
Employment levels were Obama's only bad macro indicator and he did improve them, so you should focus on truth instead of lies. People aren't stupid just because you are.
Truth Detector (02-07-2020), USFREEDOM911 (02-07-2020)
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
dukkha (02-07-2020)
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
Try looking at the jobs that are becoming more available before you celebrate. It's called a livable wage for a reason.
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
When Obama was President, he claimed jobs were being created and unemployment was going down. At the same time during his presidency, use of social welfare (food stamps) was going up.
In 2013, which was during Obama's 2nd term, food stamp use hit a record 47.6 million and had been steadily climbing. At the same time, unemployment was stated to have dropped from a high of 10% in 2009 to 6.7% in 2013. That either means unemployment wasn't declining or the jobs Obama claimed credit for having created were so shitty and paid so little, he was only concerned about the quantity and not about the quality.
GDP under Obama:
2009 01 -4.42
2009 02 -1.5747
2009 03 1.4644
2009 04 4.4665
2009 Average = -.01595%
2010 01 1.5480%
2010 02 3.7394%
2010 03 2.9816%
2010 04 2.0228%
2010 Average = 2.57295%
2011 01 -.9583%
2011 02 2.8907%
2011 03 -.1111%
2011 04 4.7184%
2011 Average = 1.6349%
2012 01 3.1689%
2012 02 1.7319%
2012 03 0.5409%
2012 04 0.4563%
2012 Average = 1.4745%
2013 01 3.5900%
2013 02 0.4945%
2013 03 3.1707%
2013 04 3.2314%
2013 Average = 2.6216%
2014 01 -1.0033%
2014 02 5.1106%
2014 03 4.9240%
2014 04 1.9008%
2014 Average = 2.7256%
2015 01 3.3317%
2015 02 3.3395%
2015 03 0.9639%
2015 04 0.4002%
2015 Average = 2.0088%
2016 01 1.5476%
2016 02 2.2817%
2016 03 1.9254%
2016 04 1.7618%
2016 Average = 1.8791%
Obamunism Average = 1.8033%
http://www.economagic.com/em-cgi/dat...ar/rgdp-qtrchg
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
You mean like the jobs Obama was claiming to have created in the million while millions more were going on food stamps?
In 2013, 47.6 million were on food stamps.
In 2013, Obama was claiming an unemployment rate of 6.7%, a drop from the 10% that existed 4 years earlier.
How does unemployment drop by 1/3, as claimed, yet food stamp use go up by 1/3 at the same time?
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
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