The Official "Making America Great Again" Thread

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Re: The Official "Making America Great Again" Thread

Postby CID1990 » Thu May 02, 2019 4:57 am

mainejeff wrote:JSO is right. This economic expansion started under Obama and has continued under Trump. Thankfully Trump told the Fed to stop raising interest rates as that could have stalled everything. I give both men credit where credit is due.

:coffee:


I wouldn’t know if he’s right or not... I stopped reading his posts sometime around 2015


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Re: The Official

Postby mainejeff » Thu May 02, 2019 5:04 am

CID1990 wrote:
mainejeff wrote:JSO is right. This economic expansion started under Obama and has continued under Trump. Thankfully Trump told the Fed to stop raising interest rates as that could have stalled everything. I give both men credit where credit is due.

:coffee:


I wouldn’t know if he’s right or not... I stopped reading his posts sometime around 2015


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Re: The Official "Making America Great Again" Thread

Postby CAA Flagship » Fri May 03, 2019 6:02 am

3.6

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Re: The Official "Making America Great Again" Thread

Postby AZGrizFan » Fri May 03, 2019 7:22 am

JohnStOnge wrote:
Just stop. This was not an indication that "things were bad before the Dear Leader took over and now they're SO much better." It's another number associated with an economic recovery that is now about 10 years long.


Take your own advice, John, and just stop. You are WAY out of your depth when it comes to economics.
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Re: The Official "Making America Great Again" Thread

Postby CID1990 » Fri May 03, 2019 10:16 am

With the latest jobs report, unemployment in the US is at its lowest in 49 years.

I believe Johnson was President
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Re: The Official

Postby GannonFan » Fri May 03, 2019 10:44 am

CID1990 wrote:With the latest jobs report, unemployment in the US is at its lowest in 49 years.

I believe Johnson was President


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Re: The Official

Postby BDKJMU » Fri May 03, 2019 10:45 am

CID1990 wrote:With the latest jobs report, unemployment in the US is at its lowest in 49 years.

I believe Johnson was President

Yep.

“WASHINGTON (AP) — U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and now anticipate strong customer demand.

The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop reflected a rise in the number of people who stopped looking for work. Average hourly pay rose 3.2% from 12 months earlier, a healthy increase that matched the increase in March....”
https://apnews.com/8a603c0717d44e9a9edca5f342129685

Cue JSO in 3, 2, 1...but Trump!

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Re: The Official "Making America Great Again" Thread

Postby Ibanez » Fri May 03, 2019 10:53 am

It isn't Governments job to create jobs.

It's their job to get out of the way.
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Re: The Official

Postby Ibanez » Fri May 03, 2019 10:56 am

BDKJMU wrote:
CID1990 wrote:With the latest jobs report, unemployment in the US is at its lowest in 49 years.

I believe Johnson was President

Yep.

“WASHINGTON (AP) — U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and now anticipate strong customer demand.

The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop reflected a rise in the number of people who stopped looking for work. Average hourly pay rose 3.2% from 12 months earlier, a healthy increase that matched the increase in March....”
https://apnews.com/8a603c0717d44e9a9edca5f342129685

Cue JSO in 3, 2, 1...but Trump!

Those are good numbers.

I wonder what your reaction was when unemployment began dropping under Obama. It went from 9.9% to 4.9% under Obama. I'm sure you hailed Obama as you do Trump. :coffee:
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Re: The Official "Making America Great Again" Thread

Postby BDKJMU » Fri May 03, 2019 11:14 am

The U.S. Stock Market Can’t Stop, Won’t Stop Its Endless Rally

The U.S. stock market in 2019 has exploded, with the S&P 500 index rising 18 percent and the total market adding about $5 trillion in value.....”
https://www.bloombergquint.com/bq-blue- ... less-rally
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Re: The Official "Making America Great Again" Thread

Postby css75 » Fri May 03, 2019 3:33 pm

Ibanez wrote:
BDKJMU wrote:Yep.

“WASHINGTON (AP) — U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and now anticipate strong customer demand.

The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop reflected a rise in the number of people who stopped looking for work. Average hourly pay rose 3.2% from 12 months earlier, a healthy increase that matched the increase in March....”
https://apnews.com/8a603c0717d44e9a9edca5f342129685

Cue JSO in 3, 2, 1...but Trump!

Those are good numbers.

I wonder what your reaction was when unemployment began dropping under Obama. It went from 9.9% to 4.9% under Obama. I'm sure you hailed Obama as you do Trump. :coffee:


A lot of Obama’s jobs were government jobs which do not help the economy.


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Re: The Official "Making America Great Again" Thread

Postby BDKJMU » Fri May 03, 2019 3:49 pm

Lowest Hispanic unemployment rate...EVER!

Lowest female unemployment rate since 1953..

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Re: The Official "Making America Great Again" Thread

Postby AZGrizFan » Fri May 03, 2019 6:21 pm

BDKJMU wrote:Lowest Hispanic unemployment rate...EVER!

Lowest female unemployment rate since 1953..


Nothing to see here. Move along. :rofl: :rofl:
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Re: The Official

Postby JohnStOnge » Fri May 03, 2019 6:26 pm

CID1990 wrote:With the latest jobs report, unemployment in the US is at its lowest in 49 years.

I believe Johnson was President


And so we have the continuation of the trend indicated in this graph at the Bureau of Labor Statistics web site:

Image

If you go to the page where the image is, at https://data.bls.gov/timeseries/lns14000000, you can see in the table under the graph that the rate peaked in October, 2009, and has been in a generally declining trend since. It had declined from the 10% peak in October, 2009 by 5.3 percentage points to 4.7% in January, 2017, when Trump took office. Since then it has declined by another 1.1 percentage points to where it is now.

Same old same old. Nobody who is just looking at data without knowledge of who was President when would say it indicates something changed around the end of 2016 or the beginning of 2017 to change things. The only change in "direction" indicated by that graph happened back in 2009.

That's just the objective truth. I don't see how people can argue with the observation.
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Re: The Official "Making America Great Again" Thread

Postby JohnStOnge » Fri May 03, 2019 6:36 pm

Below is a good graph on job creation. You can generate it by going to https://tradingeconomics.com/united-sta ... m-payrolls, clicking on the "10Y" button under the graph, then using the drop down menu just to the left of the "Compare" button to select "Candlestick." It shows the monthly job increase/decrease numbers as points. And you can see that, again, the only change in direction any objective person would see just looking at the data occurred back around late 2009 or early 2010. That's when things "leveled off" after rising from the depths of the great recession. Again: No objective person just looking at those data would say that something happened around the end of 2016 or the beginning of 2017 to change things. No objective person would say those data suggest that the initial estimate of 263,000 reported for April, 2019, (which is included as the last point to the right on the graph) is particularly remarkable. It's consistent with the range of variation expressed since things leveled off back around the end of 2009 and the beginning of 2010. Honestly I don't see how anybody can seriously argue with what I'm telling you guys. It's another area where it is fair to say that Trump hasn't screwed things up. But it is NOT accurate to say there has been an improvement associated with his tenure.

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Re: The Official

Postby AZGrizFan » Fri May 03, 2019 7:00 pm

JohnStOnge wrote:
CID1990 wrote:With the latest jobs report, unemployment in the US is at its lowest in 49 years.

I believe Johnson was President


And so we have the continuation of the trend indicated in this graph at the Bureau of Labor Statistics web site:

Image

If you go to the page where the image is, at https://data.bls.gov/timeseries/lns14000000, you can see in the table under the graph that the rate peaked in October, 2009, and has been in a generally declining trend since. It had declined from the 10% peak in October, 2009 by 5.3 percentage points to 4.7% in January, 2017, when Trump took office. Since then it has declined by another 1.1 percentage points to where it is now.

Same old same old. Nobody who is just looking at data without knowledge of who was President when would say it indicates something changed around the end of 2016 or the beginning of 2017 to change things. The only change in "direction" indicated by that graph happened back in 2009.

That's just the objective truth. I don't see how people can argue with the observation.


Yes. A continuation into an area NEVER BEFORE SEEN IN OUR LIFETIMES. You don’t find that the least bit impressive? If it was so fucking easy, how come NO president in the last 49 years (including Obama) had been able to do it prior to Trump? Lowest African American unemployment ever. Lowest Hispanic unemployment ever. Lowest female unemployment ever.
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Re: The Official

Postby JohnStOnge » Fri May 03, 2019 7:10 pm

AZGrizFan wrote:
JohnStOnge wrote:
And so we have the continuation of the trend indicated in this graph at the Bureau of Labor Statistics web site:

Image

If you go to the page where the image is, at https://data.bls.gov/timeseries/lns14000000, you can see in the table under the graph that the rate peaked in October, 2009, and has been in a generally declining trend since. It had declined from the 10% peak in October, 2009 by 5.3 percentage points to 4.7% in January, 2017, when Trump took office. Since then it has declined by another 1.1 percentage points to where it is now.

Same old same old. Nobody who is just looking at data without knowledge of who was President when would say it indicates something changed around the end of 2016 or the beginning of 2017 to change things. The only change in "direction" indicated by that graph happened back in 2009.

That's just the objective truth. I don't see how people can argue with the observation.


Yes. A continuation into an area NEVER BEFORE SEEN IN OUR LIFETIMES. You don’t find that the least bit impressive? If it was so **** easy, how come NO president in the last 49 years (including Obama) had been able to do it prior to Trump? Lowest African American unemployment ever. Lowest Hispanic unemployment ever. Lowest female unemployment ever.


You can huff and puff all you want. There is no way just looking at the data would lead one to think something changed in the trend around the end of 2016 and the beginning of 2017. Again: Anybody just looking at the data would say there was a change around the end of 2009 and the beginning of 2010. That's when the trend changed from an increasing unemployment rate to a decreasing rate. Then a downward trend started that has continued through this point. There is not the SLIGHTEST indication that the trend changed around the time Trump took office.
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Re: The Official

Postby kalm » Fri May 03, 2019 7:30 pm

JohnStOnge wrote:
AZGrizFan wrote:
Yes. A continuation into an area NEVER BEFORE SEEN IN OUR LIFETIMES. You don’t find that the least bit impressive? If it was so **** easy, how come NO president in the last 49 years (including Obama) had been able to do it prior to Trump? Lowest African American unemployment ever. Lowest Hispanic unemployment ever. Lowest female unemployment ever.


You can huff and puff all you want. There is no way just looking at the data would lead one to think something changed in the trend around the end of 2016 and the beginning of 2017. Again: Anybody just looking at the data would say there was a change around the end of 2009 and the beginning of 2010. That's when the trend changed from an increasing unemployment rate to a decreasing rate. Then a downward trend started that has continued through this point. There is not the SLIGHTEST indication that the trend changed around the time Trump took office.


How are the deficits looking under Trump?
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Re: The Official "Making America Great Again" Thread

Postby ALPHAGRIZ1 » Fri May 03, 2019 7:35 pm

Nobody cares about deficits.

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Re: The Official "Making America Great Again" Thread

Postby Ibanez » Fri May 03, 2019 7:48 pm

css75 wrote:
Ibanez wrote:Those are good numbers.

I wonder what your reaction was when unemployment began dropping under Obama. It went from 9.9% to 4.9% under Obama. I'm sure you hailed Obama as you do Trump. :coffee:


A lot of Obama’s jobs were government jobs which do not help the economy.


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People having jobs and paying taxes isn’t helpful? Sounds like partisan bullshit


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The Official "Making America Great Again" Thread

Postby CID1990 » Fri May 03, 2019 8:02 pm

All I said was that unemployment was at a 50 year low.

Chizz previously said that deregulation was driving it. (spoiler: true)

Ibanez said government just needs to get out of the way (deregulation).

I didn’t think it was rocket science but apparently it is for some.


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Re: The Official

Postby kalm » Fri May 03, 2019 8:25 pm

ALPHAGRIZ1 wrote:Nobody cares about deficits until a Democrat is in office again.

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Re: RE: Re: The Official

Postby UNI88 » Fri May 03, 2019 8:48 pm

kalm wrote:
ALPHAGRIZ1 wrote:Nobody cares about deficits until a Democrat is in office again.

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Partially true. Democrats care about deficits caused by tax cuts and/or military spending and Republicans care about deficits caused by social service programs.

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Re: RE: Re: The Official

Postby kalm » Fri May 03, 2019 9:13 pm

UNI88 wrote:
kalm wrote:
Partially true. Democrats care about deficits caused by tax cuts and/or military spending and Republicans care about deficits caused by social service programs.

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Yep. They are a choice we make.
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Re: The Official

Postby AZGrizFan » Sat May 04, 2019 9:37 am

Ibanez wrote:
css75 wrote:
A lot of Obama’s jobs were government jobs which do not help the economy.


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People having jobs and paying taxes isn’t helpful? Sounds like partisan bullshit


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