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313 k jobs created in Feb.

Spamature

Spamature

President
JOB CREATION NUMBERS pretty much the same for the last 8 yrs.

latest_numbers_CES0000000001_2008_2018_all_period_M02_net_1mth.gif

LABOR PARTICIPATION RATE pretty much unchanged for the last 4 1/2 yrs.

latest_numbers_LNS11300000_2012_2018_all_period_M02_data.gif


The Trump economy continues to move forward pretty much just like the economy has to last half decade.

Only now half to the country isn't trying to sow doubt in the economy by claiming the numbers are fraudulent , and half the legislature isn't attempting to sabotage it.
 
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Drumcollie said:
What Trump hasn't destroyed the economy?
Click to expand...

It's only been a year. It took him longer than that to bankrupt and destroy his casinos and airlines. What makes you think he could do it to the entire US economy faster than he could do it to his own businesses ?
 
Spamature said:
JOB CREATION NUMBERS pretty much the same for the last 8 yrs.

latest_numbers_CES0000000001_2008_2018_all_period_M02_net_1mth.gif

LABOR PARTICIPATION RATE pretty much unchanged for the last 4 1/2 yrs.

latest_numbers_LNS11300000_2012_2018_all_period_M02_data.gif


The Trump economy continues to move forward pretty much just like the economy has to last half decade.

Only now half to the country isn't trying to sow doubt in the economy by claiming the numbers are fraudulent , and half the legislature isn't attempting to sabotage it.
Click to expand...
The lack of interest in labor participation rates since Trump took office is telling. For years, as we set record after record for consecutive months of job creation, Republicans would obediently try to disqualify it by pointing to labor participation rates. Yet now those rates apparently don't matter.
 
Arkady said:
The lack of interest in labor participation rates since Trump took office is telling. For years, as we set record after record for consecutive months of job creation, Republicans would obediently try to disqualify it by pointing to labor participation rates. Yet now those rates apparently don't matter.
Click to expand...

To me it just reinforces what I see in the right. It doesn't matter that Trump and Obama's numbers are no different because that's not how they judge people. It matters to them that Trump and Obama themselves are different. One of "those people" is a failure even if he out performs one of the "good people". They needed something to grab on to shun and punish Obama for being Obama and the LFPR was the only tangible thing they could find at the time. Then they made up the difference with their "feelings" about him.
 
Spamature said:
JOB CREATION NUMBERS pretty much the same for the last 8 yrs.

latest_numbers_CES0000000001_2008_2018_all_period_M02_net_1mth.gif

LABOR PARTICIPATION RATE pretty much unchanged for the last 4 1/2 yrs.

latest_numbers_LNS11300000_2012_2018_all_period_M02_data.gif


The Trump economy continues to move forward pretty much just like the economy has to last half decade.

Only now half to the country isn't trying to sow doubt in the economy by claiming the numbers are fraudulent , and half the legislature isn't attempting to sabotage it.
Click to expand...
What are those charts? they read as if they are January to January to January over 8 years, what is that telling you? It certainly doesn't paint the picture you painted in your post. The Trump economy began October 1st, so it is only five months old and you don't have a chart showing the last five months. Also, 313K jobs for February was not the norm for the past five years, 313K jobs in February is pretty damn good.

Participation rates move at a snail's pace, so if they are up even a tiny, those overall indicators are kicking Obama's ass... but it has only been five months! I think the real story is the GDP, which grew at a dismal 1.5% during the Obama years (better than entering another recession)... I think Trump economy is growing at a 3% rate so far. It's really too early to make that comparison; let's finish a fiscal year, at least.
 
Days said:
What are those charts? they read as if they are January to January to January over 8 years, what is that telling you? It certainly doesn't paint the picture you painted in your post. The Trump economy began October 1st, so it is only five months old and you don't have a chart showing the last five months. Also, 313K jobs for February was not the norm for the past five years, 313K jobs in February is pretty damn good.

Participation rates move at a snail's pace, so if they are up even a tiny, those overall indicators are kicking Obama's ass... but it has only been five months! I think the real story is the GDP, which grew at a dismal 1.5% during the Obama years (better than entering another recession)... I think Trump economy is growing at a 3% rate so far. It's really too early to make that comparison; let's finish a fiscal year, at least.
Click to expand...

They are the BLS charts. LFPR has been higher than it is right now

Here they are for the time period in the graph.
upload_2018-3-9_19-0-50.png
Let's not forget as it has been noted by others that our deficit will nearly double in this coming fiscal year. So dumping that kind of cash into the economy has to juice it up. Let's just hope it we are doing a Thelma and Louise; hitting the gas and holding hands as we fly over the edge.
 
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Spamature said:
They are the BLS charts. LFPR has been higher than it is right now

Here they are for the time period in the graph.
View attachment 38724
Let's not forget as it has been noted by others that our deficit will nearly double in this coming fiscal year. So dumping that kind of cash into the economy has to juice it up. Let's just hope it we are doing a Thelma and Louise; hitting the gas and holding hands as we fly over the edge.
Click to expand...
Winter BLS numbers are "seasonally adjusted" ... you don't know if they are for real or not until the Spring numbers come in. We probably only picked up 60K jobs in February, but that's opposed to the normal loss of 250K jobs for that month. It's just too early to know what a Trump economy is going to look like.

The tax cuts are classic supply side strategy... he's trying to capitalize on an upswing. It should work for the first year, but after that, we need to see some new types of industry creation, I continue to doubt it is possible to win back the manufacturing we lost under Bush, but we are building a lot of high tech, it might be a tad early for the jobs they will eventually create as the machinery gets older and needs a lot more maintenance. I think the basic plan is to get another push in high tech capitalization, then collect the increase on the Obama era high tech. What that will cost us in deficits will depend on how successful the new growth is.

It's not a cliff. Nothing like the cliff we flew over under Bush. I'm guessing we are looking at something like a 3.5% GDP growth under Trump, with moderate deficits. It won't "make America Great again" but it will get Trump re elected. The guy might not be very good at politics, but he has a solid economic plan, basically, he's playing it safe. Obama would have done the same thing if he hadn't walked into a buzz saw economy. I think Obama did pretty good, given the circumstances. I liked the bailouts. Things could be a whole lot worse right now than they are... that isn't to say we are burning up the track, but don't expect that; just be happy we are not in a major recession.
 
Days said:
What are those charts? they read as if they are January to January to January over 8 years, what is that telling you? It certainly doesn't paint the picture you painted in your post. The Trump economy began October 1st, so it is only five months old and you don't have a chart showing the last five months. Also, 313K jobs for February was not the norm for the past five years, 313K jobs in February is pretty damn good.

Participation rates move at a snail's pace, so if they are up even a tiny, those overall indicators are kicking Obama's ass... but it has only been five months! I think the real story is the GDP, which grew at a dismal 1.5% during the Obama years (better than entering another recession)... I think Trump economy is growing at a 3% rate so far. It's really too early to make that comparison; let's finish a fiscal year, at least.
Click to expand...
26,000 of those new jobs are in government...
 
Spamature said:
No. This is the Trump economy. If it were the Obama economy you'd be bitching and moaning about it. That's really the only thing that has changed.
Click to expand...

Precisely.

It is quite remarkable how the Obama era record streak of jobs growth and economic growth, continuing into the Trump era, was acknowledged only when Trump took office.

A good an example of any of right wingers’ rank hypocrisy and dishonesty.
 
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