Economy almost at full employment

Thing1 said:
I know the market is due for a correction, but I also think the economy is in pretty decent shape as of today. It's at least in a place that we can build on, and headed in the right direction overall.

I hope that Trump can be a little bit more innovative and think ahead. The whole idea of bringing back jobs that don't really exist anymore could waste a lot of time. While the government's role is limited overall, they can guide a vision for how we can adapt and help move toward the job market of the future.
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You don't get out much do you?
 
Sailor said:
It is the perception and confidence that is driving this. Businesses are hiring in anticipation of tax breaks, less regulation, etc. They feel much more comfortable in doing so than the last 8 years or so.
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It's not that significant an uptick from what was being added over the past few years under Obama - it certainly isn't significant enough to credit much of what Trump has done.

We're now at 4.4%. A year ago, Trump was portraying 4.7% is disastrous.
 
Thing1 said:
It's not that significant an uptick from what was being added over the past few years under Obama - it certainly isn't significant enough to credit much of what Trump has done.

We're now at 4.4%. A year ago, Trump was portraying 4.7% is disastrous.
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At the risk of sounding partisan (which I am not) the upticks towards the end of Obama's term was because of just that. Businesses knew he was leaving. New blood and all that. Happens quite frequently towards the end of any two term President and the beginning term of the new President.
 
Thing1 said:
Maybe a small influence, but you'd have to show me the policies that he implemented that would have that kind of rapid effect. Generally, any Presidential action wouldn't have that kind of immediate impact.
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The economy picked up immediately with his election.....thats undeniable...
It wasn't 'policy' so much as attitude.....
As Obamacare disappears, tax reform gets passed, illegals get deported, the border gets secured, the swamp gets drained
and the mantra of putting America first it will only get better....
 
NOVA said:
The economy picked up immediately with his election.....thats undeniable...
It wasn't 'policy' so much as attitude.....
As Obamacare disappears, tax reform gets passed, illegals get deported, the border gets secured, the swamp gets drained
and the mantra of putting America first it will only get better....
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The stock market tripled under Obama, and 15 million jobs created.
 
Thing1 said:
The stock market tripled under Obama, and 15 million jobs created.
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The market went up because of quantitative easing (devaluation of the dollar). In other words, the same widget trades for more dollars if the value of the dollar declines. In reality, the Obama Administration stole a percentage of value from anyone with a bank account, or even if you had cash under your mattress. Only a liberal would celebrate grand theft from an entire population of people.

With regards to jobs "created", false as well. For every new job one or more were eliminated. The proof is right here in FedCo data: https://data.bls.gov/timeseries/LNS11300000

LNS11300000


The graph doesn't show up here but click on the link and educate yourself. The labor participation rate was flat before Obama, declined every year under his watch, then went flat again after he was gone.
 
Right said:
The market went up because of quantitative easing (devaluation of the dollar). In other words, the same widget trades for more dollars if the value of the dollar declines. In reality, the Obama Administration stole a percentage of value from anyone with a bank account, or even if you had cash under your mattress. Only a liberal would celebrate grand theft from an entire population of people.

With regards to jobs "created", false as well. For every new job one or more were eliminated. The proof is right here in FedCo data: https://data.bls.gov/timeseries/LNS11300000

LNS11300000
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If Trump does even half of what Obama did for the economy, both he & you will be calling it the greatest prosperity EVAH.
 
Right said:
Can't dispute my facts with a cogent argument I see. Big surprise. lol
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The market went up because people were hiring. And 15 million jobs were created because people were hiring. The stimulus did what it was supposed to do: it was never supposed to get America back to full employment. It was supposed to stop the downward spiral that the last disaster of a Republican President created.

You can't downplay what happened under Obama, and think the newest jobs report is AMAZING. Because Obama averaged 200,000 jobs created a month. And the stock market tripled on his watch.

You like apples, Right?
 
Thing1 said:
The market went up because people were hiring. And 15 million jobs were created because people were hiring. The stimulus did what it was supposed to do: it was never supposed to get America back to full employment. It was supposed to stop the downward spiral that the last disaster of a Republican President created.

You can't downplay what happened under Obama, and think the newest jobs report is AMAZING. Because Obama averaged 200,000 jobs created a month. And the stock market tripled on his watch.

You like apples, Right?
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Again, your argument has no sources, and conflicts with the data from FedCo's own statistics. It's simply a repeat of the nonsense that you wrote before. lol
 
Right said:
Again, your argument has no sources, and conflicts with the data from FedCo's own statistics. It's simply a repeat of the nonsense that you wrote before. lol
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No sources?

You've heard of the CBO, right?

You've heard of the Dow Jones Average, right?

Do you dispute that the stock market tripled? Do you dispute that 15 million jobs were created?

You didn't answer my question about the apples.
 
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