Unemployment at an 18 year low

[Jim in CT]

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

[spence]

Originally Posted by Jim in CT

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.

[Jim in CT]

Originally Posted by spence

Here ya go Jim.

What did they say?

[Jim in CT]

Originally Posted by spence

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.

[Pete F.]

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

[Jim in CT]

Originally Posted by Pete F.

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.

[Duke41]

SEE TRUMP RUINED THE COUNTRY. JUST LIKE THE DEM SAID HE WOULD>

[spence]

Looks like the unemployment rate dropped because of people leaving the workforce not getting jobs...
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by spence

Looks like the unemployment rate dropped because of people leaving the workforce not getting jobs...
Posted from my iPhone/Mobile device

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.

[wdmso]

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

[The Dad Fisherman]

Originally Posted by wdmso

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.
Posted from my iPhone/Mobile device

[wdmso]

Originally Posted by The Dad Fisherman

In the spirit of keeping on topic, I edited your post to point out all relevant content.
Posted from my iPhone/Mobile device

love how you are unable or unwilling to see the big picture a 4 cent increase in wages as irrelevant .

[detbuch]

Originally Posted by wdmso

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?

[Jim in CT]

Originally Posted by detbuch

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.

[Jim in CT]

Originally Posted by wdmso

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.

[Nebe]

Originally Posted by Jim in CT

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!!!!

[Sea Dangles]

I guess the 3,000,000+ Americans who received tax cut bonuses don't count either.
Posted from my iPhone/Mobile device

[spence]

Originally Posted by Sea Dangles

I guess the 3,000,000+ Americans who received tax cut bonuses don't count either.
Posted from my iPhone/Mobile device

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

[detbuch]

Originally Posted by spence

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

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."

[Jim in CT]

Originally Posted by spence

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.

[Sea Dangles]

It adds up Jeff
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Sea Dangles

It adds up Jeff
Posted from my iPhone/Mobile device

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.

[wdmso]

Originally Posted by Jim in CT

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.

and none of it has happened yet.. Apple did not specify the types of jobs that will be part of it its hiring push, such as if the majority will be sales staff at its various Apple stores or if they will be software engineers or technical workers. it matters


Comcast "Roberts also announced that the Company expects to spend well in excess of $50 billion over the next five years investing in infrastructure to radically improve and extend our broadband plant and capacity, and our television, film and theme park offerings," the company added.

But those that take a closer look at Comcast's finances will find that's something that would have occurred anyway.

they planned to do anyway, then claim it was all only possible thanks to Trump and you fall for it PS wages are not up I forgot they are by 4 cents

[Jim in CT]

Originally Posted by wdmso

and none of it has happened yet.. Apple did not specify the types of jobs that will be part of it its hiring push, such as if the majority will be sales staff at its various Apple stores or if they will be software engineers or technical workers. it matters


Comcast "Roberts also announced that the Company expects to spend well in excess of $50 billion over the next five years investing in infrastructure to radically improve and extend our broadband plant and capacity, and our television, film and theme park offerings," the company added.

But those that take a closer look at Comcast's finances will find that's something that would have occurred anyway.

they planned to do anyway, then claim it was all only possible thanks to Trump and you fall for it PS wages are not up I forgot they are by 4 cents

"and none of it has happened yet"

Tax rates are down, bonuses have been paid, minimum wages have been raised at a lot of places. If you are referring to Apple, no you are correct, they haven't hired 20,000 new people yet. Perhaps that kind of growth takes time to think through and to plan diligently.

"Apple did not specify the types of jobs that will be part of it its hiring push, such as if the majority will be sales staff at its various Apple stores or if they will be software engineers or technical workers. it matters "

Of course it matters. But it's still 20,000 new jobs that didn't exist before. ANYTHING to deflect from the fact that the tax overhaul already did more than Obama's stimulus.

"they (Comcast) planned to do anyway, then claim it was all only possible thanks to Trump "

So the company that owns NBC and MSNBC, the company that signs Rachael Maddow's paychecks, is lying to make Trump look good. That's what you expect me to believe? That just makes ALL KINDS of sense. Please, tell us more about the insider financial information of Comcast. Obviously you are so well-informed...

"PS wages are not up "

Net wages, which are what matter, are up.

[PaulS]

[QUOTE=Jim in CT;1142264
Of course it matters. But it's still 20,000 new jobs that didn't exist before. ANYTHING to deflect from the fact that the tax overhaul already did more than Obama's stimulus.

[/QUOTE]

While Apple said that they were adding $100 M to stock buybacks bc of the tax law they never said that the 20K new jobs where as a result of the law.

ANYTHING to promote Trump regardless of facts.

[spence]

Originally Posted by Sea Dangles

It adds up Jeff
Posted from my iPhone/Mobile device

Maybe it will help offset the increased healthcare costs under Trumpcare. Or perhaps the social services cuts.
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by spence

Maybe it will help offset the increased healthcare costs under Trumpcare. Or perhaps the social services cuts.
Posted from my iPhone/Mobile device

What happened to healthcare costs from 2009 - 2016? Did they go down by 2500 a year for the average family, as some idiot promised they would?

[detbuch]

Originally Posted by spence

Maybe it will help offset the social services cuts.
Posted from my iPhone/Mobile device

Social services should be state and local responsibilities, not federal . . . that is if actual, original, constitutional text is applied. The federal budget (oops, there is no federal budget) would be way, far, smaller, and federal taxes would shrink, if Congress and the Court were bound by the original text.

[Pete F.]

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

[detbuch]

Originally Posted by Pete F.

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

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.")