Political discussions about everything
By snakeoil
#96106
http://www.factcheck.org/2017/09/video- ... job-boast/" onclick="window.open(this.href);return false;
During his first speech to the U.N. General Assembly, the president took credit for “creating job growth the likes of which our country has not seen in a very long time.” That’s wrong.

In fact, the nation has now experienced positive job growth for 83 straight months, dating to early 2010, and job gains have been fewer in the first seven months under Trump than they were during the same time frame in each of the previous four years, according to the Bureau of Labor Statistics.

The economy added 1,189,000 net new jobs since Trump took office in January. That’s slightly fewer than the 1,375,000 jobs added in the preceding seven months.

It’s also fewer jobs than were added during the same time period of 2016 (1,422,000), 2015 (1,547,000), 2014 (1,734,000) and 2013 (1,384,000).
I'm losing track of the lies of this guy. Was that lie number 100,229,922 or was it more?
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By RealJustme
#96107
https://wsj.com/wsjusnovember17/?tracki ... 05154940:s Donald Trump has already produced arguably the greatest economic results in American history. You might have missed that in the media. But here are the facts. 

First, Trump’s remarkable stock market performance. The DOW has risen almost 25% since Election Day. That’s an increase of over 4,300 points in about 11 months. That’s the biggest increase in that period of time in the history of the stock market.

The S&P 500 has passed $20 trillion in value for the first time in history.
President Trump is also the only President in history to oversee two nine-day or longer stock rallies (where new highs are reached each day). Included in that record is the 12-day rally ending on February 28th- matching the all-time record set by President Reagan in 1987. 

Since the election of President Trump, the stock market has hit 63 closing highs, with 46 since Trump’s inauguration. On the other hand, Obama had exactly -0- stock market highs in his first four years in office. 
In total President Trump has added over $5 trillion to the U.S. economy since his election. Remarkable. That’s called star power. That’s real hope and change.

Trump’s GDP. As I’ve always argued, GDP is a far more important economic indicator than the stock market. GDP is hard evidence of how “mom and pop” are doing on Main Street. Under Obama, America suffered the eight worst consecutive GDP years in history. Obama’s eight-year GDP average was 1.3%- the exact same GDP number as the period of the Great Depression.
According to the Bureau of Economic Analysis, U.S. GDP has now been adjusted to a remarkable 3.1% growth in the second quarter (Trump’s first full quarter as president). That’s almost THREE TIMES HIGHER than Obama’s average GDP over his two terms. 

That grew our total U.S. GDP to almost $20 trillion- the highest GDP in history.
Trump’s  jobs explosion. President Trump added 1.33 million jobs from January through September versus Obama’s record of losing 4.59 million jobs in that same first nine months. Remarkable.

But the latest jobs report just came out on Friday. According to the Bureau of Labor Household Survey, the number of employed Americans increased by an amazing 906,000 for the month of September. But that’s not even the highlight.
Remember that almost every single job created in eight years under Obama was a crappy, low-wage, part-time job. Well under President Trump last month, full-time jobs (the kind we all want and need) increased by 935,000- the most in one month in the 21st century.

And President Trump is doing it without spending record sums of taxpayer money. Trump added $400 billion (a two percent increase) to the US debt since January. In the same time period, President Obama added $1.3 trillion debt (a 12% increase). That’s almost $1 trillion more than Trump.

THIS ECONOMY IS "TRUMP STRONG."

By snakeoil
#96116
https://www.wsj.com/articles/u-s-hiring ... 1501849959" onclick="window.open(this.href);return false;
During his first speech to the U.N. General Assembly, the president took credit for “creating job growth the likes of which our country has not seen in a very long time.” That’s wrong.

In fact, the nation has now experienced positive job growth for 83 straight months, dating to early 2010, and job gains have been fewer in the first seven months under Trump than they were during the same time frame in each of the previous four years, according to the Bureau of Labor Statistics.

Notice it says 83 straight months.

The economy added 1,189,000 net new jobs since Trump took office in January. That’s slightly fewer than the 1,375,000 jobs added in the preceding seven months.

It’s also fewer jobs than were added during the same time period of 2016 (1,422,000), 2015 (1,547,000), 2014 (1,734,000) and 2013 (1,384,000).
In case you glossed over the article:
posting in July a record 82nd straight month of job creation and an unemployment rate at a 16-year low, despite slow growth in output.
the record stretch of monthly hiring is equivalent to six years and 10 months, almost three years longer than the second-best
despite slow growth in output.
Despite slow growth? That doesn't sound like a turn-around.
Economic growth has been stuck stubbornly near a 2% annual rate, the weakest expansion in output since World War II
Wow, this is a Trump turn-around?

Further down the article:
The monthly pace of hiring has averaged 184,000 this year. That is remarkably consistent with the monthly pace of 187,000 during President Barack Obama’s last year in office, despite the starkly different views of economic policy espoused by the two men.
“It’s not Trump,” Ms. Zentner said, noting that regulatory changes often take years to enact and filter through the economy.

She sees different forces at play extending the jobs upturn.
“What we’re seeing is the culmination of years of easy monetary policy, improved corporate earnings and stronger global growth,” she said.
By sillydaddy
#96128
"...changes often take years to enact and filter through the economy.
Good reason to give President Trump a second term... :o
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By namngulfvet
#96129
The Wall Street Journal Snake. the same lame Ass Wall Street Journal that keeps polling its own staff and telling us Trumps poll ratings are in the toilet. that Wall Street Journal ???

ROFLMAO arent you just the smart one.. :lol: :lol: :lol: :lol: :lol: :lol: :lol: .
By johnforbes
#96148
Wall Street Journal has changed a lot in recent years.

It is a globalist, open borders, pro-illegal immigration, anti-Trump paper.

I still read it, but you have to know what it is.
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