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263,000 new jobs in September

Bugsy McGurk

President
It’s amazing. Even with the Fed attacking the economy through huge interest rate hikes, the jobs growth continues. Less than in prior months, but still a respectable number. Certainly far better than the massive job loss numbers we saw under GWB and Trump.

Can you say “Thanks President Biden”?

;-)

 

Boltlady

Mayor
It’s amazing. Even with the Fed attacking the economy through huge interest rate hikes, the jobs growth continues. Less than in prior months, but still a respectable number. Certainly far better than the massive job loss numbers we saw under GWB and Trump.

Can you say “Thanks President Biden”?

;-)

Would that people besides illegal aliens would be willing to work at those jobs.
 

RickWA

Senator
You’ve studied those 263,000 jobs, have you?

What a disgraceful hack.
Bugsy referring to others as “disgraceful”. Bugsy referring to others as “hack”. Bugsy referring to others as “disgraceful hack”.

Blithering, blinding, BLISTERING hypocrisy. This forum’s most awful, constant-DNC-knobgobbler knows no shame (and knows no protein satiety).
 

middleview

President
Supporting Member
Bugsy referring to others as “disgraceful”. Bugsy referring to others as “hack”. Bugsy referring to others as “disgraceful hack”.

Blithering, blinding, BLISTERING hypocrisy. This forum’s most awful, constant-DNC-knobgobbler knows no shame (and knows no protein satiety).
"knobgobbler"? Again with the homosexual fantasies?
 
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Bugsy McGurk

President
Bugsy referring to others as “disgraceful”. Bugsy referring to others as “hack”. Bugsy referring to others as “disgraceful hack”.

Blithering, blinding, BLISTERING hypocrisy. This forum’s most awful, constant-DNC-knobgobbler knows no shame (and knows no protein satiety).
That was even more boring than your usual boring, off-topic idiocy.
 

PNWest

America's BEST American: Impartial and Bipartisan
It’s amazing. Even with the Fed attacking the economy through huge interest rate hikes, the jobs growth continues. Less than in prior months, but still a respectable number. Certainly far better than the massive job loss numbers we saw under GWB and Trump.

Can you say “Thanks President Biden”?

;-)

To answer your question - I have a hard time doing that in anything other than a very sarcastic manner on a day when the stock market is down again by near 3%.

You do know that Joe Biden has managed to push the stock market into bear territory and with inflation included our buying power has lost somewhere around another 10 to 12 percent.

So if you want to cheerlead for a failed President you might want to do so on a day when the stock market is actually going to close higher than it did the day he took office and inflation wasn't at generational highs.
 

middleview

President
Supporting Member
To answer your question - I have a hard time doing that in anything other than a very sarcastic manner on a day when the stock market is down again by near 3%.

You do know that Joe Biden has managed to push the stock market into bear territory and with inflation included our buying power has lost somewhere around another 10 to 12 percent.

So if you want to cheerlead for a failed President you might want to do so on a day when the stock market is actually going to close higher than it did the day he took office and inflation wasn't at generational highs.
Measuring the success or failure of the president based on Wall Street is nuts. I have worked for brokerages and have seen how fund managers and large investors make decisions. It isn't based on the economy in most cases. It is based on expectations of what other investors might do or on software making predictions on winners and losers.
 

Bugsy McGurk

President
To answer your question - I have a hard time doing that in anything other than a very sarcastic manner on a day when the stock market is down again by near 3%.

You do know that Joe Biden has managed to push the stock market into bear territory and with inflation included our buying power has lost somewhere around another 10 to 12 percent.

So if you want to cheerlead for a failed President you might want to do so on a day when the stock market is actually going to close higher than it did the day he took office and inflation wasn't at generational highs.
The job numbers increase on up days in the market, and the same on down days in the market. Every day.

But, yes, the markets are taking a hit lately. The perceived “economic medicine” of Fed rate increases does that. Investors believe that the economic slowdown sought by the Fed will occur. The Fed should have done it’s rate raising early in the Trump era but Trump browbeat them into not doing it. He knew it would cause economic pain. So, it’s being done now. Responsible people are back in charge. And remarkably, job numbers are still very good.
 

Bugsy McGurk

President
Measuring the success or failure of the president based on Wall Street is nuts. I have worked for brokerages and have seen how fund managers and large investors make decisions. It isn't based on the economy in most cases. It is based on expectations of what other investors might do or on software making predictions on winners and losers.
It’s nothing more than a casino these days. All the “big boys” want is market volatility. They make money whether the markets go up or down. It’s not very rational.
 

Spamature

President
Bugsy referring to others as “disgraceful”. Bugsy referring to others as “hack”. Bugsy referring to others as “disgraceful hack”.

Blithering, blinding, BLISTERING hypocrisy. This forum’s most awful, constant-DNC-knobgobbler knows no shame (and knows no protein satiety).
You should widen your variety of bigoted attacks ?
Go after other minority groups instead of just gays.
But if you are more comfortable sticking close to home (so to speak) and commenting from a figurative men's room stall, then I guess that's understandable.
 

Spamature

President
It’s amazing. Even with the Fed attacking the economy through huge interest rate hikes, the jobs growth continues. Less than in prior months, but still a respectable number. Certainly far better than the massive job loss numbers we saw under GWB and Trump.

Can you say “Thanks President Biden”?

;-)

In the past 12 yrs total, Republican Presidents have created a grand total of negative 2.5 million jobs.

1665612840275.png
 

Raoul_Luke

I feel a bit lightheaded. Maybe you should drive.
Measuring the success or failure of the president based on Wall Street is nuts. I have worked for brokerages and have seen how fund managers and large investors make decisions. It isn't based on the economy in most cases. It is based on expectations of what other investors might do or on software making predictions on winners and losers.
None of whom/which are paying a bit of attention to the economy, apparently. You may have worked for brokerages, but you have no clue how investing is actually done.
 
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