Political discussions about everything
By snakeoil
#98323
Our "very stable genius" is touting his record on jobs for his base. Let's look at how he really stacks up.

http://money.cnn.com/2017/08/04/news/ec ... -vs-obama/" onclick="window.open(this.href);return false;
The most recent Labor Department data shows there were 5.7 million unfilled job openings -- close to the record number since it started keeping track in 2000.

The odds have become much better for people looking for work. Nearly twice as many people are quitting jobs as are being laid off or fired -- a sign of a strong labor market.

Trump's record of 1.1 million jobs in six months is less than the 1.2 million added during the same period a year ago under Obama. It essentially matches the first six months of Obama's second term, when 1.1 million jobs were added.

Related: Is the unemployment rate too low?

The economy lost 515,000 jobs during the first six months of George W. Bush's tenure, in 2001, when the country was falling into a recession. But by the first six months of his second term, employers added 1.5 million jobs, outpacing Trump's six-month total.

President Bill Clinton's six-month totals were 1.3 million jobs added in his first term (in 1993) and 1.7 million in his second term (in 1997).

Trump's figures could still improve: The readings for June and July are still preliminary, and other months could be revised, too.
Realjustme...Please note that I give the source of my quotes. That is the law.
By johnforbes
#98324
Snakeoil, if you have any military service, you know that you don't serve just for members of your own party. You serve for everybody.

Democrat politicians used to do that, which is why blue collar workers were usually Democrats. But modern Democrats scorn blue collar Americans. Arrogant Barry said they cling to "guns and religion" and are not as sophisticated as super-bright people such as him.

Because of Obama's minimal vocational history, the base case for him as president was his BA from Columbia and his JD from Harvard.

His SAT and LSAT scores remain secret, even after his presidency.

I disagree with Chuck Schumer on almost every issue, but he got a perfect score on his college boards, so he is a very bright fellow. If you are a politician and have great test scores, you do not hide them.

Trump took a million dollar loan from his father and turned it into multiple billions, then he became president with the RNC against him, the DNC against him, and the media against him. That does sound like genius.

I'd love to become a billionaire. So would you. But we are not. Obama isn't either. Hillary, for all her corruption, isn't either.

As to jobs, the importance of this is NOT just Trump's base.

With black home ownership at, or near, record levels, and with minority wages rising, Trump becomes the best friend many of his political enemies have ever had.
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By RealJustme
#98328
Realjustme...Please note that I give the source of my quotes. That is the law.
It would have been more believable had you left your source off. Chris Isidore of CNN :lol: :lol: :lol:
By Clownkicker
#98334
"With black home ownership at, or near, record levels, and with minority wages rising, Trump becomes the best friend many of his political enemies have ever had."-johnfibs

If that's even true, which I doubt, blacks would have gotten there under Obama, not just because of Trump.
Such a thing doesn't happen in one year, dummy.
User avatar
By RealJustme
#98340
Such a thing doesn't happen in one year, dummy.
Trump is setting a lot of firsts! No one ever thought it possible for the DOW to go up 5,000 points in just one year. Now one thought ISIS could be annihilated in one year. No one thought tax reform could take place in just one year. No one but Trump thought those were possible!

Trump is the man, MAGA dudes, MAGA.
By snakeoil
#98341
Trump is setting a lot of firsts!
From Realjustme

Remember my prediction from January 21,2017? I predicted that Trump.the "very stable genius," would never finish his first (only) term, he would either be impeached of die of some mysterious illness. He just might be the first President to go to jail directly from the White House.
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By RealJustme
#98342
[quote][He just might be the first President to go to jail directly from the White House./quote]

Trump could punch Hillary in the face and nothing would happened to him. Over half of Americans would applaud and his support would go up. The dude is Teflon, so dream on about him ever being punished for "anything" That fact drives you litards crazy, just as his atonishing success as President has.
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By namngulfvet
#98343
CNN REALLY! :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
User avatar
By namngulfvet
#98344
Face it Trump has done more for this country in one year then Ojackass did in 8.. The stock market keeps breaking records daily. jobs are flowing back in thanks to lower taxes and pissy ass job killing regulations gone . Face it Elk you messiah Ojackass was and is a total failure
By snakeoil
#98362
http://www.wisebread.com/why-does-the-s ... p-going-up" onclick="window.open(this.href);return false;
Many people were taken by surprise when the stock market reached new highs after the 2016 election, with the Dow Jones industrial average (DJIA) breaking 20,000. But the recent record highs are only the latest in a long trend of stock market growth extending back well over 100 years.

The average rate of return for the DJIA since 1896 is about 7 percent when adjusted for inflation. Looking at a broader representation of the overall stock market, the average rate of return for the Standard & Poor's (S&P) 500 index since it's inception in 1928 is about 10 percent per year.

Of course, if you pay attention to the stock market, you know that stocks do not move steadily up all the time. Sometimes there are sudden market declines, such as the crash of 1929 that led to the Great Depression, or the 2008 collapse that led to the Great Recession. Sometimes there are long periods of market stagnation when stock prices do not go up much at all, such as during the 1970s. But over time, the long-term trend has been that stock values keep on pushing up, even after setbacks, and routinely go on to break record highs.

What makes stock values keep going higher and higher?
Investors think stocks will go up

Investors who decide to put money into the stock market select individual stocks and stock funds based on the financial performance of the businesses in the portfolio. Ultimately, investors weigh the potential for a stock to go up versus the risk that it will go down during their investment window.

Sometimes "irrational exuberance" seems to play a big role in driving stock prices. In a hot housing market, investors will pay essentially any price to buy a property if they are confident the price will go up, even if the price is not rational. Investors sometimes buy stock for the same reason — simply because they think someone else will pay more for it when they want to sell and they don't want to miss an opportunity to make a big gain. In some extreme cases, such as hot initial public offerings (IPOs), stock valuation seems to be driven by speculation without much solid financial basis.
Businesses have figured out how to make products for less

One way that businesses have become more valuable, and therefore garnered higher stock valuation, is by increasing productivity and efficiency. If a business can produce its goods and services at a lower cost, higher profits can be achieved.

Businesses boost their efficiency by using automation, optimizing product designs and reuse, and merging or partnering with other companies with complementary resources and capabilities. The continuous effort by businesses to reduce their costs and run their business more efficiently keeps driving stock prices up over time.
Fancy new products (with higher profit margins)

Innovation and technological advances result in new products with higher profit margins than established products. Consumers will pay a premium to get the latest technology and newest capabilities. When a new type of product is launched, there is a window of time when little or no competition is available in the market. This is why the introduction of new products keeps driving stock values up.
Growing consumerism

In the old days, it was common for people to grow their own food, make their own clothes, and craft other household items such as soap and even furniture. When people were more self-sufficient and made most things for themselves, opportunities for businesses to sell products to customers at a profit was limited.

Fast forward to today. The population has increased significantly, and most people buy products instead of making things themselves. As the number of consumers grows, and the demand by consumers for more and more products increases, so does profit for businesses that make and sell products.
Why did stocks unexpectedly go up after Trump was elected?

After an initial tumble in stock futures following the 2016 election, the stock market rallied during the following months and hit a record high, with the DJIA reaching 20,000 for the first time ever on January 25, 2017. Why did the stock market go up after the election of an unpredictable new leader?

Markets typically react negatively to uncertainty, and that is what happened when the S&P 500 and DJIA market futures fell around 4 percent on the night of the election. But soon, stock prices started rising again. Investors apparently feel that the new president will follow traditional Republican strategies of lowering taxes on businesses and reducing environmental, safety, and consumer protection regulations, resulting in higher potential profits. Also, the possibility of increased military spending and spending on huge infrastructure projects raises expectations for short-term economic growth among investors.
Will the stock market keep going up?

Stepping back and looking at the potential for stock market growth over the coming decades, the elements for continued stock market growth seem to be forthcoming.

New levels of automation promise to drive productivity and reduce the cost to produce and deliver products to consumers. Technical innovations such as renewable energy, virtual reality, augmented reality, and medical breakthroughs appear poised to result in highly profitable new products. New consumers are likely to enter the marketplace as developing economies grow, increasing overall demand for manufactured products and driving business profits higher.
By johnforbes
#98363
The anti-Trump NY Times has nevertheless paused to acknowledge Trump's undeniably positive effect on the economy.

Yes indeed, black home ownership is at -- or near (these things are not simple to measure) -- record levels, and this happened quickly.

Wages for blacks and for Hispanic citizens have risen, and if the US secures the border the middle class might against exist.
By Clownkicker
#98368
"Yes indeed, black home ownership is at -- or near (these things are not simple to measure) -- record levels, and this happened quickly."-joyhnfibs

Once again johnforbes is completely wrong in his unsupported pronouncements.
That's what you get for listening to Trump lie to you, johnny. And you admitted that you didn't bother to check on it. You just swallow Trump's myriad whoppers whole.
Or as namandgulf would say, "You just pulled that out of Trump's ass."

"The U.S. Census finds that the black homeownership rate peaked during 2004, when 49.7 percent of black households owned homes (the rate for all races that year reached 69.2 percent, also a modern record). The black homeownership rate stayed in similar territory until the recession, when it dropped to the mid-40s.

This year: 42.7 percent in the first quarter, 42.3 percent in the second and 42 percent in the third. That's an uptick from last year but far from a record. Quarterly rates this year for the total U.S. population: 63.6 percent, 63.7 percent and 63.9 percent."-FOXbusiness-Dec. 9, 2017
http://www.foxbusiness.com/markets/2017 ... trade.html

So as we see, black homeownership is actually dropping slowly under Trump and it is far off its peak of 2004.
By Intrepid
#98369
Some people can find a **** for every silver lining.
But they nevertheless will be happy to join in on the prosperity even as they bitch, deny and complain about it's source.

Just the elimination of thousands of burdensome and deliberately restrictive regulations are a godsend to the economy. Look up the massive housecleaning the EPA has undergone in the past year. If you left your sprinkler on over night and had a damp spot in your back yard the Feds could have declared it a "Wetland" and taken control of it from you.

And that's really not much of an exaggeration.
By Intrepid
#98370
Apparently Comrade Homo Sambo AssClown Loser Marxist Tool had his home foreclosed on and was tossed into the street.
So now he claims black home ownership is down by one.
By johnforbes
#98375
Come on, Clown, you know better than to use the notoriously defective census data.

Heck, the census even counts (or tries to) illegals.

This is interesting, though, because Democrats really don't care at all about poor blacks or poor Hispanics.

Modern Dems are elites.

They couldn't care less about helping blacks buy homes, helping poor legal Hispanics buy homes, etc.
By Intrepid
#98378
In fact, they prefer minorities stay in public housing, under control and easily accessed any time a mob is needed for a riot.
By Clownkicker
#98383
johnforbes makes a fool of himself once again by reprimanding me for thinking something is true based on 'defective' data, but then he himself believes something based on no data whatsoever. :lol:

And he actually sees that as a reasonable basis for a belief system and rational debate.
He feels it must be true, he wants it to be true, his handlers told him it's true, so it's true to him.

But this does completely support the AssClown Loser Tool Insipid's assertion that conservatives cant' grasp facts and reason, and so just feel things instead.
My AssClown Slack-jawed Punk Bitch Urinal Insipid thanks you for the support, johnny. :lol: :lol: :lol: :lol: :lol: :lol:
By johnforbes
#98384
No, what I said was that black home ownership was at, or near, record highs.

I made that statement because it is true.

Heck, Obama's sycophants are now so frantic that they are reduced -- like Barry himself -- to claiming this is somehow Obama's economy which is booming.

Wrong; Obama added 9 trillion to debt, left with 43 million on food stamps, 12 million illegals, open borders, lies about Benghazi, and top "justice" and "law enforcement" officials conspiring to protect Hillary and frame Trump.
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By RealJustme
#98395
Even libtards are starting to acknowledge Trump rescued America. It only took a year to turn them completely around, hard cold facts are really hard to keep denying. Good for them. To the libtards that have seen the light, MAGA dudes, MAGA.
By Intrepid
#98396
The more Trump's policies succeed the more unhinged and hysterical we may expect losers like Comrade Homo Sambo AssClown Loser Marxist Tool to become.

As evidenced by the non sequitar silly ass word game he tried just above there.

Now pound the arms of your wheel chair you crippled punk bitch.
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