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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 05-04-2018, 10:48 AM   #1
Jim in CT
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Unemployment at an 18 year low

I am sure that CNN and MSNBC are telling their audiences the good news!!

https://www.cnbc.com/2018/05/04/non-...k&par=sharebar
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Old 05-04-2018, 11:17 AM   #2
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Originally Posted by Jim in CT View Post
I am sure that CNN and MSNBC are telling their audiences the good news!!

https://www.cnbc.com/2018/05/04/non-...k&par=sharebar
Here ya go Jim.
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Old 05-04-2018, 11:27 AM   #3
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Here ya go Jim.
What did they say?
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Old 05-04-2018, 11:31 AM   #4
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Trump claimed until he was elected that the unemployment rate was artificially low FAKE and that you needed to look at the Labor force participation rate.
I did, here is what it is since Trumps inauguration DROPPED
2017 62.9 62.9 63.0 62.9 62.7 62.8 62.9 62.9 63.0 62.7 62.7 62.7
2018 62.7 63.0 62.9 62.8

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Old 05-04-2018, 11:33 AM   #5
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Here ya go Jim.
I found the video and watched it, that blond girl in your photo was as fair as can be. Sincerely, fair as can be.
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Old 05-04-2018, 11:39 AM   #6
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Originally Posted by Pete F. View Post
Trump claimed until he was elected that the unemployment rate was artificially low FAKE and that you needed to look at the Labor force participation rate.
I did, here is what it is since Trumps inauguration DROPPED
2017 62.9 62.9 63.0 62.9 62.7 62.8 62.9 62.9 63.0 62.7 62.7 62.7
2018 62.7 63.0 62.9 62.8
If you want to convince me Trump is a jerk, you can save the effort, I agree with you.

I gave Obama credit dozens of times for bringing unemployment down, and for bringing the market up. He deserves credit for that.

The two men approached it in different ways. Trump gave most of us, a little bit more of our money to keep. I don't like the buy either. But my take home pay went up $250 a month, and we used that to buy a little camper that we all love. That's more than I got from 2009 - 2016, and my position is a common position, nothing special about me.

Unemployment is down, wages are up, ands workers get to keep a higher percentage of the higher wage. Higher wages means more tax revenue for the feds.
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Old 05-04-2018, 11:59 AM   #7
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SEE TRUMP RUINED THE COUNTRY. JUST LIKE THE DEM SAID HE WOULD>
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Old 05-05-2018, 08:05 AM   #8
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Looks like the unemployment rate dropped because of people leaving the workforce not getting jobs...
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Old 05-05-2018, 10:36 AM   #9
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Looks like the unemployment rate dropped because of people leaving the workforce not getting jobs...
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If that were true, you know more than the entire stock market, which shot up the second this came out.

The market liked it when unemployment dropped under Obama, and the market liked the numbers yesterday.
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Old 05-06-2018, 07:02 AM   #10
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yes un employment are at 2000 levels and its a good

There's little evidence that workers are benefiting from the big corporate tax cuts that took effect this year.

and heres the rub Average hourly earnings rose four cents in April,[/SIZE][/COLOR]

Gas prices will likely rise an average of 10 cents to 15 cents a gallon nationwide over the next couple of weeks, rich people dont care they can afforded it poor people dont drive who gets hit the Avg American whos wages have remained the same
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Old 05-06-2018, 09:40 AM   #11
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yes un employment are at 2000 levels and its a good
In the spirit of keeping on topic, I edited your post to point out all relevant content.
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Old 05-06-2018, 10:02 AM   #12
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Originally Posted by Jim in CT View Post
I am sure that CNN and MSNBC are telling their audiences the good news!!

https://www.cnbc.com/2018/05/04/non-...k&par=sharebar
Thanks Obama!!!!
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Old 05-06-2018, 01:04 PM   #13
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In the spirit of keeping on topic, I edited your post to point out all relevant content.
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love how you are unable or unwilling to see the big picture a 4 cent increase in wages as irrelevant .
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Old 05-06-2018, 03:42 PM   #14
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I guess the 3,000,000+ Americans who received tax cut bonuses don't count either.
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Old 05-06-2018, 04:03 PM   #15
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I guess the 3,000,000+ Americans who received tax cut bonuses don't count either.
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A few hundred bucks one time while many corporations rake in billions of extra profits every quarter? Yea so equitable.
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Old 05-06-2018, 06:33 PM   #16
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It adds up Jeff
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Old 05-06-2018, 08:32 PM   #17
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yes un employment are at 2000 levels and its a good

There's little evidence that workers are benefiting from the big corporate tax cuts that took effect this year.

and heres the rub Average hourly earnings rose four cents in April,[/SIZE][/COLOR]

Gas prices will likely rise an average of 10 cents to 15 cents a gallon nationwide over the next couple of weeks, rich people dont care they can afforded it poor people dont drive who gets hit the Avg American whos wages have remained the same
Are the average hourly earnings supposed to make us forget the lower tax rates?
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Old 05-06-2018, 08:38 PM   #18
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A few hundred bucks one time while many corporations rake in billions of extra profits every quarter? Yea so equitable.
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The tax plan wasn't about equity. The business tax cuts were about creating new jobs and making it more attractive for companies to create jobs in the US rather than overseas. And the workers would get to keep more of their wages. Any increase in wages, whatever that might be, would be an overall even greater boost to the so-called "economy."
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Old 05-06-2018, 09:13 PM   #19
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So in a growing economy, with a big deficit, we cut taxes with the hope that inflation will increase tax revenue to meet our expenditures.
Did my wife have some involvement in this plan, sometimes she tells me this didn’t cost anything because she saved that much on something else.
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Old 05-06-2018, 09:29 PM   #20
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Less people unemployed = less people dependent on government. More people working paying taxes adds to the tax base, not detracts from it. Therefore the beginning steps of recovering. It’s really just common sense as opposed to just being negative like so many pessimistic doubters are.
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Old 05-06-2018, 09:48 PM   #21
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So in a growing economy, with a big deficit, we cut taxes with the hope that inflation will increase tax revenue to meet our expenditures.
Did my wife have some involvement in this plan, sometimes she tells me this didn’t cost anything because she saved that much on something else.
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Deficits are caused by spending more than is earned or collected. Can you can figure out how to stop the federal government from spending more than it has? (You are not allowed to say that the answer is to force the federal government to abide by the Constitution as it was written and intended, because you believe the government can to do as it wishes by "interpretation.")
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Old 05-07-2018, 06:14 AM   #22
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love how you are unable or unwilling to see the big picture a 4 cent increase in wages as irrelevant .
In the context (Spence will help you) of the discussion it is completely irrelevant. We are discussing unemployment, not wages. You are just deflecting (Spence 101) from the topic at hand to add in some negativity.

Your 1st sentence WAS the only relevant statement you made, and you said it is a good thing.

It’s ok to agree, nobody will hold it against you.
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Old 05-07-2018, 07:42 AM   #23
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Really?
Does Trump have a new way of calculating, prior to being elected he claimed unemployment #s were FAKE
https://www.realclearpolitics.com/vi..._as_35_42.html
And once again he falsely claims a record
https://www.washingtonpost.com/news/...-a-record-low/
But luckily when he was fact checked by the FAKE news organization during the campaign, his claim was fake. So was it really fake or do we exist in an alternative universe now, where truth changes dependent on what Trump says
https://www.cnn.com/2016/02/12/polit...tic/index.html

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Old 05-07-2018, 08:00 AM   #24
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Really?
truth is relative so you are probably wrong....
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Old 05-07-2018, 08:10 AM   #25
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A few hundred bucks one time while many corporations rake in billions of extra profits every quarter? Yea so equitable.
Posted from my iPhone/Mobile device
Well as you well know, there are a huge number of Americans who have some exposure to the stock market (and many are not wealthy) so if companies are more profitable, that's good for most of us. Dividends and stock buybacks are good for shareholders. Most of us are shareholders in some way, via 401ks, IRAs, 529 plans, even pensions. True or false?

And what did Obama do, that put more money on the pockets of middle class Americans? In all honesty, I don't know that I know a single person who benefitted from the 750B stimulus plan.
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Old 05-07-2018, 08:13 AM   #26
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It adds up Jeff
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Apple alone is adding 20,000 jobs., and paying 38 billion in federal tax to bring back 250 billion in overseas cash.

Comcast is investing 50 billion in infastructure improvements.

None of that matters to these people, they hate Trump so much, they are literally, and I mean literally, blinded to everything else.

Unemployment is down, and wages are up. Those are good things. But you can't get a Trump hater to concede that.
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Old 05-07-2018, 08:16 AM   #27
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yes un employment are at 2000 levels and its a good

There's little evidence that workers are benefiting from the big corporate tax cuts that took effect this year.

and heres the rub Average hourly earnings rose four cents in April,[/SIZE][/COLOR]

Gas prices will likely rise an average of 10 cents to 15 cents a gallon nationwide over the next couple of weeks, rich people dont care they can afforded it poor people dont drive who gets hit the Avg American whos wages have remained the same
But the vast majority of us, are also seeing tax cuts, so net take-home pay, is increasing more than 4 cents an hour.
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Old 05-07-2018, 08:20 AM   #28
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So in a growing economy, with a big deficit, we cut taxes with the hope that inflation will increase tax revenue to meet our expenditures.
Did my wife have some involvement in this plan, sometimes she tells me this didn’t cost anything because she saved that much on something else.
Posted from my iPhone/Mobile device
It's amazing when I hear people who supported Obama, suddenly worried about deficits.

Yes, the downside of tax cuts is increased deficits. These tax cuts will have some stimulative effect (Apple alone is paying a one-time tax of 38 billion to bring 250 billion in cash back to the US), but it's unlikely that the cuts will pay for themselves. So we should look to cut wasteful (not vital) spending.

Obama added more to the debt that any POTUS ever, and not one cent of that spending went into my pocket. With Trump's new tax cuts, my net pay increased by about $250 a month. I'm barely upper middle-class, not anywhere near wealthy, so there are a lot of people like me who will similarly benefit.
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Old 05-07-2018, 08:21 AM   #29
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Are the average hourly earnings supposed to make us forget the lower tax rates?
No, the porn star is supposed to make us forget about lower tax rates.
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Old 05-07-2018, 08:56 AM   #30
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It's amazing when I hear people who supported Obama, suddenly worried about deficits.

Yes, the downside of tax cuts is increased deficits. These tax cuts will have some stimulative effect (Apple alone is paying a one-time tax of 38 billion to bring 250 billion in cash back to the US), but it's unlikely that the cuts will pay for themselves. So we should look to cut wasteful (not vital) spending.

Obama added more to the debt that any POTUS ever, and not one cent of that spending went into my pocket. With Trump's new tax cuts, my net pay increased by about $250 a month. I'm barely upper middle-class, not anywhere near wealthy, so there are a lot of people like me who will similarly benefit.
The supply sider deficit that started with Reagan
Continued under Bush
Went down under Clinton(hey, it went up but not as much as anyone else)
Went back up under Bush 2
Continued up under Obama
And now where is it going?

Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!

Niles: You have met “people”, haven’t you?

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