The "Booming" Trump economy

[AndyC]

Originally Posted by mostpost

......In the meantime, the stock market continues to soar. The rich get richer while the middle class continues to tread water.

So the government and union pensions don't benefit from a rising stock market? Or do only the rich get government or union pensions?

[Actor]

Originally Posted by mostpost

Most of those jobs were in the computer and auto industries. You remember the Auto industry.

How many were at McDonalds and Pizza Hut?

[fast4522]

Originally Posted by mostpost

Most of those jobs were in the computer and auto industries. You remember the Auto industry. The one that Obama saved even as Republicans were saying "Let it fail."

The coal industry that Trump promised to resurrect? That industry gained 45 jobs a month. Wow!!!!!!!

You remind me of that Michael Wolff character, very moronic and got the Dr Evil look.

[Clocker]

Originally Posted by reckless

While Obama was president, Ford Motor said they were leaving the USA for Mexico, remember?

Then president-elect Donald J. Trump put some muscle on Ford soon after his America-saving election. He reminded them it would be a bad business decision to ship jobs to Mexico; also threatening to add a tariff on all Mexico-made cars shipped back to the USA ... then viola! ... Ford crawls back home and announces a change in plans.

I just love all you common sense deniers, Trump bashers and revisionists ... one of a kind. Ignorant to the end and never in doubt.

Ford threw Trump a bone on that one for some good PR and then turned around and did what they wanted to anyway.

Ford Motor Co. announced Tuesday it has scrubbed plans to build a new $1.6 billion assembly plant in Mexico, a project that had been spotlighted by then-candidate Donald Trump, especially after Ford said it would move small car production from the U.S. into that new factory.

But while the move is being hailed by some as a victory for the president-elect, a closer look at the announcement, made by senior Ford executives at a suburban Detroit assembly plant, did not actually reverse the central decision the automaker announced last April.

Small car production, such as the compact Focus model, will still move to Mexico, just into an existing Ford plant in Hermosillo.

I don't remember hearing about that other plant at the time. I guess Ford was keeping a low profile.

https://www.nbcnews.com/business/aut...uction-n702761

[barahona44]

Meanwhile,back at the ranch, the Canadians, under the leadership of that Neanderthal hard right prime minister Justin Trudeau announced the addition of 79,000 jobs in December (equivalent to the U.S. adding 695,000 jobs) bringing the Great White North to its lowest unemployment rate since 1976.

Canada - so tired of winning.

http://www.cbc.ca/beta/news/business...mber-1.4474326

[mostpost]

Originally Posted by upthecreek

https://www.washingtonpost.com/news/...ery-very-good/

I could not access that article without a Washington Post subscription, but I did see enough to know that while the headline says very, very good, the start of the article says "pretty good"

I also learned enough indirectly to know the article said very, very good compared to the first year of his predecessors, but not compared to recent trends.

What does Bump mean by predecessors? If he means Obama and Bush, well duh. Obama's first year was the middle of the worst recession in 80 years and Bush is Bush.

If we look at Trump's predecessors since Kennedy in 1961, we find that Trump stands right in the middle; behind Carter, Clinton, Nixon and Bush I, ahead of Kennedy, Reagan, Bush II and Obama.

in my previous post I detailed how Trump's job numbers compare with the past six years of the Obama administration. Short answer; they are not good.

[chrisl]

Originally Posted by barahona44

Meanwhile,back at the ranch, the Canadians, under the leadership of that Neanderthal hard right prime minister Justin Trudeau announced the addition of 79,000 jobs in December (equivalent to the U.S. adding 695,000 jobs) bringing the Great White North to its lowest unemployment rate since 1976.

Canada - so tired of winning.

http://www.cbc.ca/beta/news/business...mber-1.4474326

And you can thank the good USA., for Canada's success.

[Lemon Drop Husker]

Originally Posted by mostpost

in my previous post I detailed how Trump's job numbers compare with the past six years of the Obama administration. Short answer; they are not good.

His jobs numbers are the best in a single year since your family of choice Clinton.

Lowest black unemployment rate in the entire history of the country.

DOW over 25K DJIA not far behind

Over a million people getting $1k and $2k checks as bonuses due to the "Armageddon" tax cut.

Keep spreading doom and gloom. If you were a stock broker, you would have jumped off a roof 8 months ago.

[fast4522]

Originally Posted by mostpost

I could not access that article without a Washington Post subscription, but I did see enough to know that while the headline says very, very good, the start of the article says "pretty good"

I also learned enough indirectly to know the article said very, very good compared to the first year of his predecessors, but not compared to recent trends.

What does Bump mean by predecessors? If he means Obama and Bush, well duh. Obama's first year was the middle of the worst recession in 80 years and Bush is Bush.

If we look at Trump's predecessors since Kennedy in 1961, we find that Trump stands right in the middle; behind Carter, Clinton, Nixon and Bush I, ahead of Kennedy, Reagan, Bush II and Obama.

in my previous post I detailed how Trump's job numbers compare with the past six years of the Obama administration. Short answer; they are not good.

You should be honest with yourself, not only today but your always way out of your depth. It seems like I hated Barack Hussein Obama when in fact it was nothing personal with him and we just hated you and your kind. The core of it we just do not want to pay like no moneys at all for your leftest causes. All I can say is you folks wanted civil war, you got it at the ballot box. A clueless guy like yourself just can't understand half of the country has had it up to our eyeballs with your crap and we intend to destroy you folks in several elections. Should my BS turn into reality I expect we'll still be kicking around here to more than rub it in.

[JustRalph]

Originally Posted by upthecreek

https://twitter.com/FoxNews/status/949335710783324160

This is huge! Not McDonalds jobs......

[mostpost]

Originally Posted by Lemon Drop Husker

His jobs numbers are the best in a single year since your family of choice Clinton.

No, they not. Six years during the Obama administration and two years during the Bush Administration had better jobs numbers than Trump in 2017. By the way, in case you don't realize it, Jobs numbers are the number of jobs created; not the unemployment percentage.

I don't know where you are getting your numbers from. Mine come from the Bureau of Labor Statistics.

[Clocker]

This discussion of presidential job creation is nonsense. Presidents don't create jobs. Administrations don't create jobs. Congress doesn't create jobs.

Businesses create jobs. The administration and the Congress and many other factors contribute to an economic and political environment that does or doesn't encourage job creation by businesses.

The Obama administration did not contribute to a business environment that encouraged job creation. The actual number of jobs created sounds good, but are quite low in reality and in a historical context. Coming off a recession, the numbers should have been much higher. Jobs were created at a rate much lower than normal, and a major factor was uncertainty about government regulation, including ObamaCare, "bail-outs", taxes, EPA regulation, etc. Unemployment numbers under Obama were also improved on the face of things by record low work force participation rates.

From Forbes:

On almost every measure examined, the 2009-15 recovery since the recession ended in June of 2009 has been the meekest in more than 50 years.

https://www.forbes.com/sites/stevemo.../#452641d42aea

Job growth under Trump cannot yet be judged. Until the tax cut, the administration and Congress did little in a positive way to actually stimulate the economy. The impact of the tax cut will be seen over the next year. The economic environment was improved simply by the fact that Hillary lost. The inaction of Trump and Congress on such measures as tariffs, NAFTA, etc., was also a positive, as were regulation cuts by Trump's executive orders.

[davew]

Originally Posted by AndyC

So the government and union pensions don't benefit from a rising stock market? Or do only the rich get government or union pensions?

Most is probably just hoping his retirement lammers are still available until he dies.

[Actor]

Originally Posted by Lemon Drop Husker

DOW over 25K DJIA not far behind

DJIA stands for Dow Jones Industrial Average. Right?

Aren't the DOW and the DJIA the same thing?

[Actor]

Originally Posted by davew

Most is probably just hoping his retirement lammers are still available until he dies.

"lammers" ???