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How does it feel to be wrong every time you type? Wages grew 4.89% in may 0f 2018 over the same month in 2017. Hourly wages grew to a record high of $22.62 in June of 2018. If you want to do your homework, these numbers are from the SSA.gov and from tradeeconomics.Unfortunately wages have been going down.
The only thing keeping them as high as they are now are one time bonuses from the tax cuts for corporations and billionaires.
The speculation there is new workers are entering the market and people my age have been retiring.
So is GDP sustainable at 4.1% if wages are dropping?
well you'd have to forgive us - they usually don't do that.No, what CNN reported was that this was the best growth since 2014."GDP fails to reach 5 percent. Another Trump fail. Where are the good old days with Barack? Boo hoo!"
Second-quarter GDP jumps 4.1% for best pace in nearly four years
They reported the news.
Good job Obama!! He did the best thing for the economy that he could have possibly done on Jan 20th, 2017. Get the fuck out of here!
Unfortunately
What does that have anything to do with these numbers? Sounds like you’re upset gdp was high? Strange post.Numbers just released. Last quarter was 2%.
During the Obama years, GDP passed 4.1% four times.
How is it different now?
You mean if we elected another Democrat.I'm sure we can, till we elect another Democrat.Very nice. Now we have to sustain it for a bit.
Says a dude unhappy with 4.0 gdp!You mean if we elected another Democrat.I'm sure we can, till we elect another Democrat.Very nice. Now we have to sustain it for a bit.
Historically, we know what happens to the economy when Republicans run it. It fails and we go into recession.
All the times the Obama economy passed 4% the economy wasn't supercharged with unsustainable tax breaks. And massive quick orders of farm goods hoping to cash in before tariffs take effect.What does that have anything to do with these numbers? Sounds like you’re upset gdp was high? Strange post.Numbers just released. Last quarter was 2%.
During the Obama years, GDP passed 4.1% four times.
How is it different now?
Read my last post.Says a dude unhappy with 4.0 gdp!You mean if we elected another Democrat.I'm sure we can, till we elect another Democrat.Very nice. Now we have to sustain it for a bit.
Historically, we know what happens to the economy when Republicans run it. It fails and we go into recession.
We just finished eight years of history with a demoloser and not one year of 3.0 gdp growth first time on record.
Did obammy make a year of 3.0 growth? That is the targetAll the times the Obama economy passed 4% the economy wasn't supercharged with unsustainable tax breaks. And massive quick orders of farm goods hoping to cash in before tariffs take effect.What does that have anything to do with these numbers? Sounds like you’re upset gdp was high? Strange post.Numbers just released. Last quarter was 2%.
During the Obama years, GDP passed 4.1% four times.
How is it different now?
Trump says job growth will continue when we have more open jobs than unemployed. Clearly, more unfilled jobs doesn't really qualify as job growth.
And people's wages haven't actually gone up. There have been bonuses which is NOT the same as increased salary.
So this quarter is actually the fifth highest if you include the Obama years.
Trump could actually give good news even if he didn't lie or mislead.
I did, hence mine!Read my last post.Says a dude unhappy with 4.0 gdp!You mean if we elected another Democrat.I'm sure we can, till we elect another Democrat.Very nice. Now we have to sustain it for a bit.
Historically, we know what happens to the economy when Republicans run it. It fails and we go into recession.
We just finished eight years of history with a demoloser and not one year of 3.0 gdp growth first time on record.
The operative word being target.Did obammy make a year of 3.0 growth? That is the targetAll the times the Obama economy passed 4% the economy wasn't supercharged with unsustainable tax breaks. And massive quick orders of farm goods hoping to cash in before tariffs take effect.What does that have anything to do with these numbers? Sounds like you’re upset gdp was high? Strange post.Numbers just released. Last quarter was 2%.
During the Obama years, GDP passed 4.1% four times.
How is it different now?
Trump says job growth will continue when we have more open jobs than unemployed. Clearly, more unfilled jobs doesn't really qualify as job growth.
And people's wages haven't actually gone up. There have been bonuses which is NOT the same as increased salary.
So this quarter is actually the fifth highest if you include the Obama years.
Trump could actually give good news even if he didn't lie or mislead.
I wasn't interested in joining Deltrex's propaganda circle jerk mods, but thanks for your efforts.Economic growth hits 4.1 percent for second quarter, highest for Trump
Consumer spending up 4% in the second qtr, but I don't recall what the figure was for the first qtr.
I wonder what wages are for the year so far.
We're not going to see 4% regularly, but if the gdp can grow at 3%, and if the gop would stop increasing spending (hah) this could work out.
Consumer spending and wages will play of the Fed's mind. As will increasing govt spending.
Tariffs remain the biggest question imo. I don't think a modest rise in interest rates to 3% will kill growth
yes the GDP is high. i hope it's valid.What does that have anything to do with these numbers? Sounds like you’re upset gdp was high? Strange post.Numbers just released. Last quarter was 2%.
During the Obama years, GDP passed 4.1% four times.
How is it different now?
Unfortunately wages have been going down.
The only thing keeping them as high as they are now are one time bonuses from the tax cuts for corporations and billionaires.
The speculation there is new workers are entering the market and people my age have been retiring.
So is GDP sustainable at 4.1% if wages are dropping?
