Ready for some fake job numbers? Trump installs his Yes-Man in BLS

[Dr. Phosphorous]

That the same CBO that's full of career democrats?

No....do better.

I can't "debate" your MAGA religious beliefs. What goes through your deranged MAGA mind can't be debated.

 

[Delldude]

No....do better.

Meh..... proven biased.

 

[Dr. Phosphorous]

After 4-years of a real idiot, Trump looks "brilliant" by comparison. He can even do real "wide-ranging" press conferences.

No, he doesn't. Your $300b profit is just your silly little MAGA wet dream. And Trump is also going to cause runaway inflation with these stupid ******* tariffs.

CBO said the BBB would have a $380b annual deficit. Compare that to Biden's $1.85T annual deficits.
Tariffs are at least $300b a year, so that almost balances.
Add ib the DOGE $190b annual savings, if congress acts.
Add in the Fed cutting rates, where a 1% cut nets $300b saved in interest on the debt.
Add in the CBO's assumed 1.8% GDP, where 3% GDP is more likely, and tax revenue increases
When the dust settles Trump should net a $500b surplus.

Provide a link. I ain't believing your MAGA bullshit lies.

Tariffs don't cause inflation.

Wrong again. Any reputable economist will tell you that inflation is a likely outcome of this.

You were probably saying Biden's inflation was "transitory" at 9%.

That was caused by Covid.....another reason smart people didn't vote for Trump again.

 

[AntonToo]

A strong dollar is conservative policy. Printing money is what democrats like Biden do.

But what about the facts?

Fed balance sheet expoded under Trump, and overall contracted under Biden.

Why is it your think your rhetoric is so often contradicted by facts?

 

[Clipper]

We were treated to fake BLS numbers for four years, numbnutz.

Your I.Q. is fake. Prove your accusation.

 

[Delldude]

But what about the facts?

Fed balance sheet expoded under Trump, and overall contracted under Biden.

Why is it your think your rhetoric is so often contradicted by facts?

You don't think all that COVID freebie monies had anything to do with the 'exploding' balance sheet do you?

 

[AntonToo]

You don't think all that COVID freebie monies had anything to do with the 'exploding' balance sheet do you?

I suggest you go read up about the difference between fiscal and monetary policy.

 

[Delldude]

I suggest you go read up about the difference between fiscal and monetary policy.

They had to move debt and assets for COVID payouts.

 

[AntonToo]

They had to move debt and assets for COVID payouts.

Wrong again, 2020 Covid payouts under Trump were fundamentally a FISCAL POLICY, financed by increasing national debt. Thats why we had ~4 Trillion dollar deficit in FY 2020.

Fed assets were expanded untill 2022 to prop up economy during economic standstill and increased unemploymentby. All done by the same guy Trump nominated in 2019 - Powel.

These stories about how "printing money" is something that Democrats, not Republicans do is just a stupid fantasy with no relation to reality.

 

[Delldude]

Wrong again, 2020 Covid payouts under Trump were fundamentally a FISCAL POLICY, financed by increasing national debt.

And affects the balance sheet.

 

[AntonToo]

And affects the balance sheet.

Maybe only as a temporary held i-o-u note, fundamentally government still owes that money to whoever holds the bonds and must pay it out at some point.

Here are the Fed balance components and you can see expansion in every category during Covid.

 

[Delldude]

Maybe only as a temporary held i-o-u note, fundamentally government still owes that money to whoever holds the bonds and must pay it out at some point.

And they sell bonds to raise cash to run the country.
Affects the balance sheet.

 

[AntonToo]

And they sell bonds to raise cash to run the country.
Affects the balance sheet.

"they" are Treasury.

Treasury sells the bonds, not Fed.

Fed at times buys up, and times off-loads those notes.

Fundamentally government still owes that money to note holders and it is overall known as NATIONAL DEBT.

 

[Delldude]

"they" are Treasury.

Treasury sells the bonds, not Fed.

Fed at times buys up, and times off-loads those notes.

Fundamentally government still owes that money to note holders and it is overall known as NATIONAL DEBT.

All of which inevitably affect the balance sheet.

 

[berg80]

U.S. equity futures moved higher on Wednesday as traders reacted to the release of the delayed January jobs report.

S&P 500 futures rose 0.4%, while Nasdaq 100 futures gained 0.5%. Futures tied to the Dow Jones Industrial Average advanced 204 points, or 0.4%.

Stock futures received a boost after the Bureau of Labor Statistics’ January nonfarm payrolls report — which had been delayed due to a partial government shutdown that ended on Feb. 3 — showed job growth of 130,000 last month. Economists polled by Dow Jones had called for a gain of 55,000. The latest figure also marked a sizable increase from December, whose growth was revised downward to 48,000.

Dow futures rise 200 points after a much better-than-expected January jobs report: Live updates

Traders reacted to the release of the delayed January jobs report, which showed a gain of 130,000 on the month.

www.cnbc.com

They must be using the same calculator trump uses to come up with all those other fudged numbers.

 

[Cellblock2429]

No, he doesn't. Your $300b profit is just your silly little MAGA wet dream. And Trump is also going to cause runaway inflation with these stupid ******* tariffs.



Provide a link. I ain't believing your MAGA bullshit lies.


Wrong again. Any reputable economist will tell you that inflation is a likely outcome of this.



That was caused by Covid.....another reason smart people didn't vote for Trump again.

/------/ Cry harder, Libtard. And you damn well believe those numbers, because if they dropped, you'd be throwing a block party.

 

[Frankenstein]

/------/ Cry harder, Libtard. And you damn well believe those numbers, because if they dropped, you'd be throwing a block party.

Yes, Americas downfall would make him ecstatic!

 

[Frankenstein]

No....do better.

I can't "debate" your MAGA religious beliefs. What goes through your deranged MAGA mind can't be debated.

so you will be moving along then right? it's really about you not being able to handle the truth

 

[berg80]

The trump guy who put out the phony jobs numbers forgot the market is looking for confirmation of another rate cut. So while the Dow was initially up 300 on the phony news (job growth good for the economy) it is now down 150 (job growth not good for rate cuts).

 

[Edgetho]

You wonder why dimocrap scum are so irredeemably stupid?



This is who guides the typical dimocrap scum through life, the DISGUSTING FILTH.

dimocrap FILTH wake up in the morning, turn on the DISGUSTING FILTH and dont turn it off until they're asleep. Many of them leave it on for subliminal instruction in their sleep.

dimocraps aren't just scum, every one of them is, ESPECIALLY the voters. But they're stupid, mindless, have no imagination at all, dishonest in the extreme and all they do it look to the DISGUSTING FILTH to validate their sick beliefs. And the DISGUSTING FILTH is more than eager to do so.

There is no hope for dimocrap SCUM or any of their institutions. They must be destroyed. Burned to the ground. With as many of their disciples as possible.

They're just not worth saving or trying to reform or educate. They really are that stupid and that despicable