Awful jobs numbers come out

[Spamature]

u

When unemployment is 3+% Americans that will work have jobs now...…..of course it's going to be lower

It as almost this low when your hero Dubya blew up the boom economy he inherited from Clinton with his incompetence.

...………..why don't you get a JOB?

Says Mr. 127,948.

Deplorable !

 

[now_what]

Nope. NOTHING is worse than Obama's DEPRESSION NUMBERS unemployment figures. He was the worst thing to hit this economy since FDR.
And Trump inherited the worst clusterfuck since Reagan inherited the Carter disaster.

Fake news. Maybe during his first term from the mess he inherited, but there was more improvement to unemployment in his second term that what trump has improved to date. Fact.

 

[Spamature]

Nope. Nothing is worse than Obama's depression numbers unemployment figures. He was the worst thing to hit this economy since FDR.
And Trump inherited the worst clusterfuck since Reagan inherited the Carter disaster.

Actually at the same time in his presidency Obama's May 2011 number was better than Trump May number 2019.



Under Carter over 10 jobs were created in his single 4 yr term only a half million less than Reagan's best 4 yrs.

https://en.wikipedia.org/wiki/Jobs_created_during_U.S._presidential_terms

 

[Deleted member 21794]

Wall Street fatcats were gleeful over news that Trump was pressuring the Fed to lower interest rates - the very opposite of what is done when the economy is supposedly doing well. The fatcats don’t care much about the cruddy jobs numbers - they only care about whether Trump will stuff more money into their pockets.

Wages are up 3.1%. Good for America. Bad for you.

 

[Constitutional Sheepdog]

I told you "fake news" ..................

And you would be correct

 

[Constitutional Sheepdog]

Actually at the same time in his presidency Obama's May 2011 number was better than Trump May number 2019.


View attachment 43122
Under Carter over 10 jobs were created in his single 4 yr term only a half million less than Reagan's best 4 yrs.

https://en.wikipedia.org/wiki/Jobs_created_during_U.S._presidential_terms

It's so freaking funny that we saw no signs of a good economy
No construction nor manufacturing. Hell, even obama said those jobs were never coming back.

 

[Constitutional Sheepdog]

Obama pretty much did do nothing his first year in office, besides rubber-stamp the stimulus package put together when Bush was president. Are you saying the stimulus prolonged the downturn?

Shove ready jobs that weren't shovel ready
https://www.forbes.com/sites/markhendrickson/2016/08/26/debunking-government-stimulus/#269436f54554

 

[Nostra]

Wages are up 3.1%. Good for America. Bad for you.

What are you saying,,,,,,,,unemployment payments are not tied to wage increases for productive members of society?

 

[Bugsy McGurk]

Don’t remember you saying that when Obama was president. Were u complaining about 0% interest rates?

Of course not. The Fed did what was economically wise when we were crawling out of GWB’s economic abyss - they reduced interest rates. But Trump inherited Obama’s ever-growing economy. There’s no sound economic reason to reduce rates under existing economic conditions.

 

[Spamature]

It's so freaking funny that we saw no signs of a good economy
No construction nor manufacturing. Hell, even obama said those jobs were never coming back.

You didn't want to see it. When the numbers came in you wingers lied to yourselves and said the books were cooked because you refuse the truth. Now when Trump came close to maintaining Obama's numbers you suddenly believed in all that you had called a lie the year before.

They aren't coming back to the levels they were before your boy Mitt pioneered outsourcing US manufacturing in the early 90's.

Look for yourself.

It would take 50 yrs to bring all those jobs back at this rate. But by then they wouldn't even exist. The work would be done by automation.

 

[Dino]

Of course not. The Fed did what was economically wise when we were crawling out of GWB’s economic abyss - they reduced interest rates. But Trump inherited Obama’s ever-growing economy. There’s no sound economic reason to reduce rates under existing economic conditions.

Umm yeah, didn’t that rate stay without increase for seven years? Correct me if I’m wrong. When was the last Fed increase before Dec 2015?

 

[Raoul_Luke]

The number of jobs in the economy, like the unemployment rate, has certain inherent weaknesses:

https://www.zerohedge.com/news/2019-06-06/examining-discrepancy-between-jobs-and-employment

I would suggest the better measure of the "job" picture is the index of aggregate weekly hours:

https://alfred.stlouisfed.org/series?seid=CEU0500000016&utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=alfred

As we can all see from the chart, when Obama left office, the index was essentially unchanged from the pre-recession level. It has exceeded that level almost the entire time since Trump was elected (barely). To be sure, however, neither's record on employment is worth touting.

 

[reason10]

Actually at the same time in his presidency Obama's May 2011 number was better than Trump May number 2019.


View attachment 43122
Under Carter over 10 jobs were created in his single 4 yr term only a half million less than Reagan's best 4 yrs.

https://en.wikipedia.org/wiki/Jobs_created_during_U.S._presidential_terms

Like I said many times, any ignorant fuq can create a chart.

 

[Bugsy McGurk]

Umm yeah, didn’t that rate stay without increase for seven years? Correct me if I’m wrong. When was the last Fed increase before Dec 2015?

Yup. Here’s a history of the rates and the explanations...

https://www.thebalance.com/fed-funds-rate-history-highs-lows-3306135

The rates did stay low as we crawled out of GWB’s epic economic collapse. And again, there’s no principled reason to lower them now.

 

[Dawg]

It as almost this low when your hero Dubya blew up the boom economy he inherited from Clinton with his incompetence.



Says Mr. 127,948.

Deplorable !

Is there a Russian translator in the house or whatever language that is to translate?

I'm 68 years young boy going on 69, I don't need work unless I wish to.

Yes, your English is damn Deplorable.

Slicks left office in a recession and his CRA blew up the economy.

 

[Nostra]

It as almost this low when your hero Dubya blew up the boom economy he inherited from Clinton with his incompetence.



Says Mr. 127,948.

Deplorable !

Slick handed Bush an economy going into recession from the dot.com bust.

 

[Dino]

Yup. Here’s a history of the rates and the explanations...

https://www.thebalance.com/fed-funds-rate-history-highs-lows-3306135

The rates did stay low as we crawled out of GWB’s epic economic collapse. And again, there’s no principled reason to lower them now.

Yeah so it took the magic man Obama 7 years to fix Bush’s sluggish economy.
You’re hilarious. Certifiable and shameless, but still good for comic relief.

 

[Spamature]

Slick handed Bush an economy going into recession from the dot.com bust.

He had a paper recession with the dot com bubble. He ended up turning the economy into Chernobyl by the time fled the capitol.

 

[Spamature]

Yeah so it took the magic man Obama 7 years to fix Bush’s sluggish economy.
You’re hilarious. Certifiable and shameless, but still good for comic relief.

Yeah with your homies in the GOP plotting sabotage on a daily basis. Remember that time your entire party voted against a SS payroll tax cut just to add to Americans suffering and spite Obama.

The people that call SS socialist Ponzi scheme were fighting against temporarily cutting the tax.

Now that is hypocrisy in action and a real determination to hurt Obama through the people.

 

[Dawg]

Yeah with your homies in the GOP plotting sabotage on a daily basis. Remember that time your entire party voted against a SS payroll tax cut just to add to Americans suffering and spite Obama.

The people that call SS socialist Ponzi scheme were fighting against temporarily cutting the tax.

Now that is hypocrisy in action and a real determination to hurt Obama through the people.

"homies"...………..sounds hoodish

LMFAO, R's didn't work against Barry O as D's have for Trump...………..btw: boy, dem/libs controlled BOTH hoses last 2 years of Bush and first 2 years of Barry O, wtf did they do ther than lose 1000+ seats?