Boom! Where’s Your Recession Now?

[Brain357]

And that labor force participation rate that Trump used to talk about all the time? Yeah it's still really low like it was under Obama....

 

[DigitalDrifter]

Best job #'s in all of our lives.

 

[Terri4Trump]

Best job #'s in all of our lives.

God Bless Donald Trump

 

[Terri4Trump]

 

[ph3iron]

Boom! Where’s Your Recession Now?
Boom! Where’s Your Recession Now?

RUSH: Wait a minute! Wait a minute! What the heck’s going on? I thought we were headed for a recession. We were gonna have a recession. I mean, as recently as May and June, we were headed into a recession. Remember that? It was the consensus of all the financial experts in the media. They said, “Buckle up. A recession is coming.” Well, it sure doesn’t feel like that to me, folks.

JOHNNY DONOVAN: And now, from sunny South Florida, it’s Open Line Friday!

RUSH: “U.S. Jobs Trounce Forecasts: 266,000 New Jobs.” The aforementioned experts — themselves dripping with hatred — predicted 180,000 jobs. It’s 266,000 jobs created. The economy is roaring. We have a 50-year low unemployment, 3.5% — a 50-year low. More black men have jobs than ever before. The African-American approval rating for Donald Trump is hovering in the 34 to 35% range. Audio sound bite number 3, Jim Cramer CNBC this morning.

CRAMER: Cable, CNN, MSN, what do they cover? Number 16, 16th, is positive economic news. All the rest of ’em are negative! So you know what’s going on here. People don’t want to say good things, and this is the best number I’ve ever seen in my life! … When we win the trade war — which you know we’re gonna win now because we have the better numbers — then they’re going to have to put the jobs here. That’s what they’re going to have to do. We’re not even talking about that yet. In the end, the Chinese are gonna have to put the jobs here. Because this thing is… The president can walk away from the table with this number. You can’t contradict these are the best numbers of our lives. It doesn’t matter whether you hate him or like him, these are real numbers!

RUSH: There is nothing comparable to this, folks: 3.5% unemployment, a 50-year low, African-Americans with more jobs than they’ve ever had before — expressed as a percentage and in real per capita numbers. Wage growth is commensurate with the job creation. What Cramer’s talking about there with the ChiComs… I addressed this yesterday. The trade deals that we have had with the ChiComs for the last few decades literally added up to the greatest transfer of wealth out of the American middle class. It went to China.

ME: Once again, time proves the Democrats to be liars, and Trump to be a winner.

Nice cherry picking.
So what's the overall growth?
6% promised?
Any idea why the con created fewer jobs in his first 2 years than Obama did in his last 2?

 

[ph3iron]

Did you notice how he avoided talking about GDP growth rate? Why do you think that is?

I see how you avoid the truth of the thread. We have the lowest unemployment in 50 years and a booming economy and moron idiots like you try to talk it down.
I see that you avoid the fact that he is quoting CNBC

Booming economy? But GDP growth isn’t any higher than under Obama. How can you call it a booming economy when GDP growth is below 3%?

Trump used to call that type of economic growth “pathetic”. What changed?

Are you intentionally lying or just ignorant? YOU'RE WRONG.

Wrong about what?

Click on the link. Interestingly enough I tell you PROGS over and over again the lower the drop the higher the climb, well the graph proves it. There was more growth to give naturally under Obama, yet it continues to climb under Trump.

It did under Obama.
At least the con hasn't screwed things up

 

[Nostra]

I see how you avoid the truth of the thread. We have the lowest unemployment in 50 years and a booming economy and moron idiots like you try to talk it down.
I see that you avoid the fact that he is quoting CNBC

Unemployment is low because Baby Boomers are retiring at a rate of 360,000 a month. There aren't enough new workers to replace them.

Economic and wage growth, on the other hand, are kind of limp.

Wrong.

U.S. Wage Growth, for Second Quarter 2019, Accelerated to 4 Percent Over the Year

 

[BluesLegend]

Boom! Where’s Your Recession Now?

But but but we need a recession to defeat Trump in 2020

 

[Thinker101]

I see how you avoid the truth of the thread. We have the lowest unemployment in 50 years and a booming economy and moron idiots like you try to talk it down.
I see that you avoid the fact that he is quoting CNBC

Unemployment is low because Baby Boomers are retiring at a rate of 360,000 a month. There aren't enough new workers to replace them.

Economic and wage growth, on the other hand, are kind of limp.

And they all retired in the last 3 months? Dumbass.

 

[Terri4Trump]

Boom! Where’s Your Recession Now?
Boom! Where’s Your Recession Now?

RUSH: Wait a minute! Wait a minute! What the heck’s going on? I thought we were headed for a recession. We were gonna have a recession. I mean, as recently as May and June, we were headed into a recession. Remember that? It was the consensus of all the financial experts in the media. They said, “Buckle up. A recession is coming.” Well, it sure doesn’t feel like that to me, folks.

JOHNNY DONOVAN: And now, from sunny South Florida, it’s Open Line Friday!

RUSH: “U.S. Jobs Trounce Forecasts: 266,000 New Jobs.” The aforementioned experts — themselves dripping with hatred — predicted 180,000 jobs. It’s 266,000 jobs created. The economy is roaring. We have a 50-year low unemployment, 3.5% — a 50-year low. More black men have jobs than ever before. The African-American approval rating for Donald Trump is hovering in the 34 to 35% range. Audio sound bite number 3, Jim Cramer CNBC this morning.

CRAMER: Cable, CNN, MSN, what do they cover? Number 16, 16th, is positive economic news. All the rest of ’em are negative! So you know what’s going on here. People don’t want to say good things, and this is the best number I’ve ever seen in my life! … When we win the trade war — which you know we’re gonna win now because we have the better numbers — then they’re going to have to put the jobs here. That’s what they’re going to have to do. We’re not even talking about that yet. In the end, the Chinese are gonna have to put the jobs here. Because this thing is… The president can walk away from the table with this number. You can’t contradict these are the best numbers of our lives. It doesn’t matter whether you hate him or like him, these are real numbers!

RUSH: There is nothing comparable to this, folks: 3.5% unemployment, a 50-year low, African-Americans with more jobs than they’ve ever had before — expressed as a percentage and in real per capita numbers. Wage growth is commensurate with the job creation. What Cramer’s talking about there with the ChiComs… I addressed this yesterday. The trade deals that we have had with the ChiComs for the last few decades literally added up to the greatest transfer of wealth out of the American middle class. It went to China.

ME: Once again, time proves the Democrats to be liars, and Trump to be a winner.

It is agreed then: The Left has once again been proven to be liars

 

[Terri4Trump]

Boom! Where’s Your Recession Now?
Boom! Where’s Your Recession Now?

RUSH: Wait a minute! Wait a minute! What the heck’s going on? I thought we were headed for a recession. We were gonna have a recession. I mean, as recently as May and June, we were headed into a recession. Remember that? It was the consensus of all the financial experts in the media. They said, “Buckle up. A recession is coming.” Well, it sure doesn’t feel like that to me, folks.

JOHNNY DONOVAN: And now, from sunny South Florida, it’s Open Line Friday!

RUSH: “U.S. Jobs Trounce Forecasts: 266,000 New Jobs.” The aforementioned experts — themselves dripping with hatred — predicted 180,000 jobs. It’s 266,000 jobs created. The economy is roaring. We have a 50-year low unemployment, 3.5% — a 50-year low. More black men have jobs than ever before. The African-American approval rating for Donald Trump is hovering in the 34 to 35% range. Audio sound bite number 3, Jim Cramer CNBC this morning.

CRAMER: Cable, CNN, MSN, what do they cover? Number 16, 16th, is positive economic news. All the rest of ’em are negative! So you know what’s going on here. People don’t want to say good things, and this is the best number I’ve ever seen in my life! … When we win the trade war — which you know we’re gonna win now because we have the better numbers — then they’re going to have to put the jobs here. That’s what they’re going to have to do. We’re not even talking about that yet. In the end, the Chinese are gonna have to put the jobs here. Because this thing is… The president can walk away from the table with this number. You can’t contradict these are the best numbers of our lives. It doesn’t matter whether you hate him or like him, these are real numbers!

RUSH: There is nothing comparable to this, folks: 3.5% unemployment, a 50-year low, African-Americans with more jobs than they’ve ever had before — expressed as a percentage and in real per capita numbers. Wage growth is commensurate with the job creation. What Cramer’s talking about there with the ChiComs… I addressed this yesterday. The trade deals that we have had with the ChiComs for the last few decades literally added up to the greatest transfer of wealth out of the American middle class. It went to China.

ME: Once again, time proves the Democrats to be liars, and Trump to be a winner.

 

[Ken Mac]

I see how you avoid the truth of the thread. We have the lowest unemployment in 50 years and a booming economy and moron idiots like you try to talk it down.
I see that you avoid the fact that he is quoting CNBC

Unemployment is low because Baby Boomers are retiring at a rate of 360,000 a month. There aren't enough new workers to replace them.

Economic and wage growth, on the other hand, are kind of limp.

Wage growth is limp?

United States Wages and Salaries Growth | 2019 | Data | Chart | Calendar

 

[JustAGuy1]

Boom! Where’s Your Recession Now?
Boom! Where’s Your Recession Now?

RUSH: Wait a minute! Wait a minute! What the heck’s going on? I thought we were headed for a recession. We were gonna have a recession. I mean, as recently as May and June, we were headed into a recession. Remember that? It was the consensus of all the financial experts in the media. They said, “Buckle up. A recession is coming.” Well, it sure doesn’t feel like that to me, folks.

JOHNNY DONOVAN: And now, from sunny South Florida, it’s Open Line Friday!

RUSH: “U.S. Jobs Trounce Forecasts: 266,000 New Jobs.” The aforementioned experts — themselves dripping with hatred — predicted 180,000 jobs. It’s 266,000 jobs created. The economy is roaring. We have a 50-year low unemployment, 3.5% — a 50-year low. More black men have jobs than ever before. The African-American approval rating for Donald Trump is hovering in the 34 to 35% range. Audio sound bite number 3, Jim Cramer CNBC this morning.

CRAMER: Cable, CNN, MSN, what do they cover? Number 16, 16th, is positive economic news. All the rest of ’em are negative! So you know what’s going on here. People don’t want to say good things, and this is the best number I’ve ever seen in my life! … When we win the trade war — which you know we’re gonna win now because we have the better numbers — then they’re going to have to put the jobs here. That’s what they’re going to have to do. We’re not even talking about that yet. In the end, the Chinese are gonna have to put the jobs here. Because this thing is… The president can walk away from the table with this number. You can’t contradict these are the best numbers of our lives. It doesn’t matter whether you hate him or like him, these are real numbers!

RUSH: There is nothing comparable to this, folks: 3.5% unemployment, a 50-year low, African-Americans with more jobs than they’ve ever had before — expressed as a percentage and in real per capita numbers. Wage growth is commensurate with the job creation. What Cramer’s talking about there with the ChiComs… I addressed this yesterday. The trade deals that we have had with the ChiComs for the last few decades literally added up to the greatest transfer of wealth out of the American middle class. It went to China.

ME: Once again, time proves the Democrats to be liars, and Trump to be a winner.

Unfortunately it's hiding behind MASSIVE QE.

 

[Crepitus]

Where’s Your Recession Now?

Same place it was yesterday, in the near future.

A drug-addled loser like Rush Limbaugh don't know shit about economics, BTW.

 

[colfax_m]

Where’s Your Recession Now?

Same place it was yesterday, in the near future.

A drug-addled loser like Rush Limbaugh don't know shit about economics, BTW.

Don’t worry. Larry Kudlow, the man who said that everyone was wrong to predict a recession in 2008, is super sure that everything is fine.

 

[Terri4Trump]

Don’t worry. Larry Kudlow, the man who said that everyone was wrong to predict a recession in 2008, is super sure that everything is fine.

Kudlow knows more than your stupid ass does

 

[colfax_m]

Don’t worry. Larry Kudlow, the man who said that everyone was wrong to predict a recession in 2008, is super sure that everything is fine.

Kudlow knows more than your stupid ass does

Didn't say I know more than him, but I'm not director of the national economic council. Do you have anything to say about Larry Kudlow's MASSIVE failure?

 

[skews13]

Boom! Where’s Your Recession Now?
Boom! Where’s Your Recession Now?

RUSH: Wait a minute! Wait a minute! What the heck’s going on? I thought we were headed for a recession. We were gonna have a recession. I mean, as recently as May and June, we were headed into a recession. Remember that? It was the consensus of all the financial experts in the media. They said, “Buckle up. A recession is coming.” Well, it sure doesn’t feel like that to me, folks.

JOHNNY DONOVAN: And now, from sunny South Florida, it’s Open Line Friday!

RUSH: “U.S. Jobs Trounce Forecasts: 266,000 New Jobs.” The aforementioned experts — themselves dripping with hatred — predicted 180,000 jobs. It’s 266,000 jobs created. The economy is roaring. We have a 50-year low unemployment, 3.5% — a 50-year low. More black men have jobs than ever before. The African-American approval rating for Donald Trump is hovering in the 34 to 35% range. Audio sound bite number 3, Jim Cramer CNBC this morning.

CRAMER: Cable, CNN, MSN, what do they cover? Number 16, 16th, is positive economic news. All the rest of ’em are negative! So you know what’s going on here. People don’t want to say good things, and this is the best number I’ve ever seen in my life! … When we win the trade war — which you know we’re gonna win now because we have the better numbers — then they’re going to have to put the jobs here. That’s what they’re going to have to do. We’re not even talking about that yet. In the end, the Chinese are gonna have to put the jobs here. Because this thing is… The president can walk away from the table with this number. You can’t contradict these are the best numbers of our lives. It doesn’t matter whether you hate him or like him, these are real numbers!

RUSH: There is nothing comparable to this, folks: 3.5% unemployment, a 50-year low, African-Americans with more jobs than they’ve ever had before — expressed as a percentage and in real per capita numbers. Wage growth is commensurate with the job creation. What Cramer’s talking about there with the ChiComs… I addressed this yesterday. The trade deals that we have had with the ChiComs for the last few decades literally added up to the greatest transfer of wealth out of the American middle class. It went to China.

ME: Once again, time proves the Democrats to be liars, and Trump to be a winner.

Does it now?

Ahead of this morning’s jobs report, most projections pointed to growth in November in the ballpark of 180,000, in part because of the effects of the General Motors strike. It looks like those expectations understated matters.

The Bureau of Labor Statistics reported this morning that the economy added 266,000 jobs last month, while the unemployment rate inched down a little to 3.5%. Fortunately, the revisions from September and October were also revised up, adding 41,000 jobs from previous reporting.

These are, to be sure, very encouraging figures, though as the New York Times noted this morning, ahead of the report’s release, the jump in hiring “will not be as big as the report’s totals might suggest. Nearly 50,000 striking workers at General Motors returned to their jobs last month. Their six-week walkout meant that they were not included in the government’s October surveys. Diane Swonk, chief economist at the accounting firm Grant Thornton, said the job creation numbers could be further inflated by another 12,000 workers at auto suppliers and related businesses, who were also not working because of the G.M. strike and have now been rehired.”

Still, even accounting for the GM angle, November’s job report is very encouraging and points to a healthy, stable job market.

As for the political implications, Donald Trump has now been in office for 34 full months – February 2017 through November 2019 – and in that time, the economy has created 6.56 million jobs. In the 34 months preceding Trump’s presidency – April 2014 to January 2017 – the economy created 7.71 million jobs.

As regular readers know, some have asked what would happen if we looked at the same numbers, but assigned the job totals from January 2017 to Trump, even though Obama was president for most of the month. On balance, I think that paints a misleading picture, but it doesn’t change the underlying dynamic: if we applied jobs from January 2017 to Trump and compared the last 35 months to the previous 35 months, job totals still slowed from 7.88 million to 6.81 million.

The White House, meanwhile, believes we should actually start the clock for Trump at November 2016 – the month of the Republican’s election – and apply the jobs created during the final months of the Obama era to the current Republican president. But that still doesn’t help: if we compare the last 37 months to the previous 37 months, job totals slowed from 8.23 million to 7.19 million.

Trump continues to tell the world that he’s overseeing the strongest domestic job growth in American history, which is plainly false. What’s more, the White House has not yet offered an explanation for why job growth has slowed since Trump took office.

Above you’ll find the chart I run every month, showing monthly changes in total jobs since the start of the Great Recession. The image makes a distinction: red columns point to monthly changes under the Bush and Trump administrations, while blue columns point to monthly job changes under the Obama administration.

 

[Terri4Trump]

Does it now?

Obama created part time worthless jobs. Trump is bringing back real jobs.

Obama inflated false growth with stimulus and healthcare subsidies.

Trump is bringing back real growth.

You are an imbecile and an idiot tossing around charts that you don't have the first clue about

Nearly 95% of all new jobs during Obama era were part-time, or contract

 

[Terri4Trump]

vNearly 95% of all new jobs during Obama era were part-time, or contract
Nearly 95% of all new jobs during Obama era were part-time, or contract

Investing.com -- A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.

The study shows that the jobs were temporary, contract positions, or part-time "gig" jobs in a variety of fields.

Female workers suffered most heavily in this economy, as work in traditionally feminine fields, like education and medicine, declined during the era.

The research by economists Lawrence Katz of Harvard University and Alan Krueger at Princeton University shows that the proportion of workers throughout the U.S., during the Obama era, who were working in these kinds of temporary jobs, increased from 10.7% of the population to 15.8%.

Krueger, a former chairman of the White House Council of Economic Advisers, was surprised by the finding.

The disappearance of conventional full-time work, 9 a.m. to 5 p.m. work, has hit every demographic. “Workers seeking full-time, steady work have lost,” said Krueger.

Under Obama, 1 million fewer workers, overall, are working than before the beginning of the Great Recession.

The outgoing president believes his administration was a net positive for workers, however.

"Since I signed Obamacare into law (in 2010), our businesses have added more than 15 million new jobs," said Obama, during his farewell press conference last Friday, covered by Investing.com.

ME: A little information for the lying Democrat bitches in this forum who try to say that Obama created as many jobs as Trump. Obama created worthless shit jobs that could not even support a single person. Trump is bringing back real jobs, manufacturing jobs, and an economic boom