1) **** off with the fake indignation. You know son of a ***** is just a generic insult.

3) we weren’t. But job growth was better.

1) You called my mom a *****. Seems clear to me. You seem angry. Need a safe space?

3) So why didn't the Fed raise the rates?

• At the current monthly rate, a total of just over 18 million jobs would be added over eight years. That’s better than the 11.6 million added under Obama.
• The unemployment rate. which was well below the historical norm when Trump took office — has continued to fall even lower, to the lowest point in 18 years. The rate was 4.8 percent when he was sworn in, and then fell to 3.8 percent in May.
• Another reason employment growth has slowed is a persistent shortage of workers. The number of unfilled job openings hit a new record of more than 6.8 million in April — the most in the more than 17 years the Bureau of Labor Statistics has been tracking them. In March, for the first time on record, the number of job openings exceeded the number of unemployed people looking for work, which was under 6.6 million.

• Manufacturing jobs increased rapidly under Trump.The number rose by 344,000 between Trump’s inauguration and June. That followed a net decrease of 192,000 under Obama. The increase under Trump amounts to 2.8 percent, even faster than the 2.2 percent increase in overall employment.
  

This is like blaming Obama for the recession. The recovery was lead by Obama. Everything good happening under Trump now is because Obama left the economy in great shape. Raising rates is not always a good thing.

Posted by bad_luck on 10/22/2018 2:38:00 PM (view original):
This is like blaming Obama for the recession. The recovery was lead by Obama. Everything good happening under Trump now is because Obama left the economy in great shape. Raising rates is not always a good thing.

#1) Nope. The recession was Bush's fault.
#2) Yes, it was but he spent to get us out of it.
#3) Everything good? Tax cuts were Obama's idea?
#4) If it were in great shape then the Fed would have raised rates at least once during his presidency. Did you miss the manufacturing jobs bullett? Was not in great shape.
#5) No. But it shows long term confidence more often than not. There was zero long term confidence according to the Fed during BHO's entire presidency.

I hear about 100,000 Texans are seeking to get into 17,000 seat arena to hear the President.
Popular President to say the least . . .

Posted by bad_luck on 10/22/2018 2:38:00 PM (view original):
This is like blaming Obama for the recession. The recovery was lead by Obama. Everything good happening under Trump now is because Obama left the economy in great shape. Raising rates is not always a good thing.

Typical BS by b_l: everything good that happened while Obama was POTUS was his doing, but everything bad that happened was because of what he inherited. However, everything good that has happened while Trump has been POTUS is because of Obama, but everything bad is because of Trump. GTFO you crazy dumbazz. Keep plugging the partisan garbage that is ruining this Country.

Posted by all3 on 10/22/2018 3:54:00 PM (view original):

Posted by bad_luck on 10/22/2018 2:38:00 PM (view original):
This is like blaming Obama for the recession. The recovery was lead by Obama. Everything good happening under Trump now is because Obama left the economy in great shape. Raising rates is not always a good thing.

Typical BS by b_l: everything good that happened while Obama was POTUS was his doing, but everything bad that happened was because of what he inherited. However, everything good that has happened while Trump has been POTUS is because of Obama, but everything bad is because of Trump. GTFO you crazy dumbazz. Keep plugging the partisan garbage that is ruining this Country.

100%

Posted by Tucker T's on 10/22/2018 3:04:00 PM (view original):

I hear about 100,000 Texans are seeking to get into 17,000 seat arena to hear the President.
Popular President to say the least . . .

LMAO!! texas! You're talking Texas!! The state with Lyin' (weasel) Rafael "Ted" Cruz??

There's some good folks in Texas............... but they's all dead.
The live ones are all insane fools.
All the smart ones brung their cows and emigrated to AZ in the 1800's.
We had to larn em.
Teach 'em to pee in an outhouse instead of all over themselves.................

Check out famous Scout and Indian fighter, and Great Arizonan Al Sieber's quote about Texans!!
Folks said Al was "...one of the greatest "scouts" the United States has ever seen. His truly remarkable skills were admired by all who knew him, Indian and white alike."
Google it for yourself.
Educate yourself if you dare.
Al spoke rather plainly and He knew all about Texans.
I don't put no stock in the reasoning of Texans........... per Al's warning!

Posted by cccp1014 on 10/22/2018 2:46:00 PM (view original):

Posted by bad_luck on 10/22/2018 2:38:00 PM (view original):
This is like blaming Obama for the recession. The recovery was lead by Obama. Everything good happening under Trump now is because Obama left the economy in great shape. Raising rates is not always a good thing.

#1) Nope. The recession was Bush's fault.
#2) Yes, it was but he spent to get us out of it.
#3) Everything good? Tax cuts were Obama's idea?
#4) If it were in great shape then the Fed would have raised rates at least once during his presidency. Did you miss the manufacturing jobs bullett? Was not in great shape.
#5) No. But it shows long term confidence more often than not. There was zero long term confidence according to the Fed during BHO's entire presidency.

This is really not difficult. Someone with just a basic understanding of macro-economics should be able to understand it. And you work at a bank so you should have a basic understanding of macro.

You have to spend when you are in a demand driven recession. The more the better. Why? Because normal consumers (businesses and people) aren't spending. At least not at a rate that will restart the economy. If you don't spend, you get a death spiral. This is not partisan. This is not liberal. This is, up until Obama took office, something that people on both sides of the aisle acknowledged. GWB put a stimulus package into place for this exact reason.

Regarding Trump's tax plan, there is pretty significant argument that his tax plan didn't do much for the economy because it was directed mostly towards people who already have a lot of money. So their spending habits didn't change.

Why would the fed have raised rates? The fed only raises rates if it is concerned that inflation might go up too fast. It's used to pump the brakes on an economy that is over-heating.

Trump or not, I wouldn't be surprised if we had a recession next year.

Obama inherited a struggling economy from Bush, much to do with the idiots from the Finance and Banking Committees, namely Barney Frank and Chris Dodd, who had their pockets lined from Freddie and Fannie, which were neck deep in the bad paper that resulted in the financial mess in Bush's 2nd term. Obama's economy struggled for much of his 2 terms. It wasn't until Trump was elected that investors began to put money back into the economy, betting on lower taxes and relaxed regulations. Announcement of tax cuts further inspired investment. The economy moved forward despite Obama's efforts, not because of them. People held back due to the high taxes, and stifling regulations on business and investment. The wealthy made money under Obama, but the rest of us saw slow job growth and stagnant wages. Obama can take credit for avoiding a complete capsizing of our economy. Zero interest rates, no significant wage and job growth were the best he could do. He even said it was the best it could be, that Trump would do no better. Many predicted Trump would give us a recession. You have to give Trump his due. Understand that forcing merchants to raise wages in a struggling economy brings layoffs. See Portland Maine as an example. When an economy thrives, jobs are scarce, employers fight over talent, bringing about wage growth. We are seeing that now. This is the difference between artificially stimulating an economy and one that brings about real growth.

What is lacking at this point is getting spending under control to achieve a balanced budget, reducing the debt, and addressing the future insolvency of Social Security.

As I have said before, tax revenue is higher now than before the tax cuts. More are paying in. Fewer are needing government assistance. But you can't eliminate deficits until spending is less than what's coming in. Closing some corporate tax loopholes should be included. Fatcats can afford to pay their fair share. They are getting plenty of incentive without them. I really think Trump will get this moving in the right direction as well...

There has been constant growth for some time. Obama gets credit for at least some of that. But the high taxes and stringent regulations hamstrung any major investment. People by and large sat on their money. Trump caused them to spend and invest. Businesses are expanding, modernizing. Adding workers. We had 20 years of stagnant wages. The middle class was shrinking. Those folks are now seeing a positive effect.

Black entrepreneurship is up 400% under Trump. And here's one for you, courtesy of USA Today:


The jobless rate for African-Americans age 16 to 19 fell from 20.1 percent to 19.3 percent last month, the lowest on records dating to 1972. Although monthly data can be volatile and the sharp decline could be partly reversed in coming months, black teenage unemployment has been trending down since peaking at 48.9 percent in 2010.

Posted by DoctorKz on 10/22/2018 9:11:00 PM (view original):
Obama inherited a struggling economy from Bush, much to do with the idiots from the Finance and Banking Committees, namely Barney Frank and Chris Dodd, who had their pockets lined from Freddie and Fannie, which were neck deep in the bad paper that resulted in the financial mess in Bush's 2nd term. Obama's economy struggled for much of his 2 terms. It wasn't until Trump was elected that investors began to put money back into the economy, betting on lower taxes and relaxed regulations. Announcement of tax cuts further inspired investment. The economy moved forward despite Obama's efforts, not because of them. People held back due to the high taxes, and stifling regulations on business and investment. The wealthy made money under Obama, but the rest of us saw slow job growth and stagnant wages. Obama can take credit for avoiding a complete capsizing of our economy. Zero interest rates, no significant wage and job growth were the best he could do. He even said it was the best it could be, that Trump would do no better. Many predicted Trump would give us a recession. You have to give Trump his due. Understand that forcing merchants to raise wages in a struggling economy brings layoffs. See Portland Maine as an example. When an economy thrives, jobs are scarce, employers fight over talent, bringing about wage growth. We are seeing that now. This is the difference between artificially stimulating an economy and one that brings about real growth.

What is lacking at this point is getting spending under control to achieve a balanced budget, reducing the debt, and addressing the future insolvency of Social Security.

As I have said before, tax revenue is higher now than before the tax cuts. More are paying in. Fewer are needing government assistance. But you can't eliminate deficits until spending is less than what's coming in. Closing some corporate tax loopholes should be included. Fatcats can afford to pay their fair share. They are getting plenty of incentive without them. I really think Trump will get this moving in the right direction as well...

Tax revenue is not higher.

I wasn't thrilled by Trump threatening tariffs and trade wars, but it looks like these were used to negotiate better trade deals. The new USMCA trade deal is a boon for auto workers, and farmers.

An increase in manufacturing here will add to wage growth. Those in menial jobs will have greater opportunity to find better paying jobs.

Posted by bad_luck on 10/22/2018 7:24:00 PM (view original):

Posted by cccp1014 on 10/22/2018 2:46:00 PM (view original):

Posted by bad_luck on 10/22/2018 2:38:00 PM (view original):
This is like blaming Obama for the recession. The recovery was lead by Obama. Everything good happening under Trump now is because Obama left the economy in great shape. Raising rates is not always a good thing.

#1) Nope. The recession was Bush's fault.
#2) Yes, it was but he spent to get us out of it.
#3) Everything good? Tax cuts were Obama's idea?
#4) If it were in great shape then the Fed would have raised rates at least once during his presidency. Did you miss the manufacturing jobs bullett? Was not in great shape.
#5) No. But it shows long term confidence more often than not. There was zero long term confidence according to the Fed during BHO's entire presidency.

This is really not difficult. Someone with just a basic understanding of macro-economics should be able to understand it. And you work at a bank so you should have a basic understanding of macro.

You have to spend when you are in a demand driven recession. The more the better. Why? Because normal consumers (businesses and people) aren't spending. At least not at a rate that will restart the economy. If you don't spend, you get a death spiral. This is not partisan. This is not liberal. This is, up until Obama took office, something that people on both sides of the aisle acknowledged. GWB put a stimulus package into place for this exact reason.

Regarding Trump's tax plan, there is pretty significant argument that his tax plan didn't do much for the economy because it was directed mostly towards people who already have a lot of money. So their spending habits didn't change.

Why would the fed have raised rates? The fed only raises rates if it is concerned that inflation might go up too fast. It's used to pump the brakes on an economy that is over-heating.

Trump or not, I wouldn't be surprised if we had a recession next year.

You are an idiot. Didn’t need to spend 10trl to boost the economy and Trumps plan significantly lowered the CORPORATE tax rate you f$ck head. Halting corporate inversions and allowing them to hire more, spend on CAPEX and R & D. I ve seen demand go way up since his election and business confidence at a high I have not seen since 1998. You dumbass.

If you look at when the tax bill passed, it’s not clear at all that an increase in tax receipts followed the bill’s passage. Because the Treasury report also includes month-by-month data, it’s possible to drill down to measure trends during more specific time periods.

For the three months of fiscal 2018 prior to the tax cut, individual income tax collections rose by 10.8 percent over the equivalent period from 2017. But the rise for the seven months after the tax cut was 6.7 percent.

And if you look at total tax collections from every category, rather than just individual income taxes, the picture is even worse. During the seven-month period after the tax bill passed, total receipts actually fell slightly compared to the equivalent period in 2017, by about a tenth of a percentage point.

Perhaps the most revealing comparison takes in the May-to-July period, because it excludes the spike in payments in April, when most Americans pay taxes on income generated in 2017, before the tax law was passed. During that period, individual income tax collections fell by about 1 percent compared to 2017.