Discussion in 'Latest Political News and Current Events' started by Arkady, Apr 20, 2017.
You should pray that you can someday grasp reality.
You need Jesus.
I wish I'd realized it at the time. The smart play was to buy, then ride the bounce associated with expected investment tax cuts. I basically just kept to my usual dollar cost averaging approach, which made sense based on the false assumptions I had at the time (an opening bell crash followed by uncertainty), but it missed a buying opportunity.
So far, the average job creation rate under Trump is lower than the average in any of Obama's last six years in office.
Indeed. Those of us not suffering from the delusions of the Clinton campaign bought steel, oil, and lumber.
AGAIN Jobs were leaving companies were moving they stopped because of Trump. not obama.
Again, net job creation since trump took office is actually down from what it had been averaging for years under Obama. I know that doesn't line up with what Fox News ordered you to believe, but that is what the numbers show so far.
Doesn't matter it has been proven jobs companies that we're going to leave the country are staying now all because of President Trump
Even if that were true, it would obviously be just part of the equation. Imagine a scenario where 1000 jobs that would have been outsourced aren't, because of Trump's policies, but 3000 jobs that would have been created aren't created for the same reason. That would be 2000 fewer jobs, net.
That's why the sane way to analyze it isn't by focusing narrowly on a few PR stunts, but instead on the wider impact. It's still too early to have a clear view of that, but the data from Trump's first months show net job creation averaging a lower level than we saw in any year since 2010. Maybe it'll turn around. With his plan for massive deficit spending, we'll certainly have short term stimulus on our side. But, for now, the results have been a bit of a letdown relative to what we'd grown used to for years.
Well, the good news is you'll have another shot at Hillary in 2020.
There is no if ands or buts about it it's true because of President Trump those companies did not leave as planned have a good day sinner
I assume not.
You didn't address the point at all. Whether or not those particular jobs were saved, it's a question of what the net impact was. I assume you'd understand the concept if we just switched the parties. For example, imagine if instead of the Obama era being a time with a record-long run of job creation, it was instead a time when jobs were destroyed. And picture if I kept pointing out that, notwithstanding that big picture reality, Obama had saved some jobs at GM with his bailout. Presumably, you'd see that even if it were true he'd saved some jobs, if the net change was job losses across the broader economy, that's the more important thing.
Since when does facts have to be discussed. All you have to do it is accept those facts and that's on you
Yes, all you have to do is accept the fact that average job creation on Trump's watch has been lower than average job creation in any year since 2010. Are you able to do that?
Yes, remember @Arkady's Law of Job Creation: (98,000 jobs/month in 2017 = so-so) < (38,000 jobs/month in 2016 = good news)
Trump has added 58 million jobs since the election...what are you faking about?
Only a moron would accept that...Oh wait it's you. That explains everything.
No, apparently you've forgotten already. I was looking at the full job report in each case. In one case the mediocre job creation numbers were paired with rising hours, suggesting that a lull in hiring had resulted in unmet demand, which in turn suggested there'd be a strong bounce back the next month. Tjat ended up being correct -- there was an EXTREMELY strong rebound the next month. In the other case, mediocre hiring hadn't resulted in rising hours, suggesting that the lower hiring figure was more than enough to match the demand increase, so it wasn't as clear we'd have a big bounce-back when employers caught up to unmet demand. I'm still hopeful April's going to look better than March, but that's not supported by the jobs report for March, it's just supported by the longer term pattern.
Trump has only been in office since January 20. So, 2/3 of January is in Obama's column, leaving Trump with, at best, two and a half months on record (not counting April, which we don't have the jobs numbers for). Even if we credit Trump with 1/3 of January, he has presided over 317,000 jobs being created. I don't have a clue where you get the 58 million figure. There are currently 145,858,000 jobs. The last time there were 58 million fewer than that was 1978.
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