Thank you Donald Trump ... U.S. Manufacturing Gauge Contracts for First Time in Three Years

[sealybobo]

Andy, stop being a retard.

 

[sealybobo]

Donald Trump has screwed up the nicely rising economy Obama left him.

Donald Trump is losing the trade war with manufacturing and agriculture down.

The ISM manufacturing index is falling sharply. Export orders are falling sharply as Trump tramples brand America.

"A measure of export orders, a proxy of overseas demand, sank to 43.3, the lowest reading since April 2009 during the depths of the last recession."

US exports also declined by 2+% year on year and are probably heading lower as Donald Trump has disrupted the whole international trade system with tariffs on friends and enemies alike.

U.S. Manufacturing Gauge Contracts for First Time in Three Years

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.

The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

The data add to concern a broader U.S. recession is coming and may complicate the re-election chances of President Donald Trump, whose pledges to revive manufacturing have been a signature issue. At the same time, Trump’s escalating tariffs on imports from China have been a major reason behind factory weakness that threatens to spread to consumer spending, which accounts for about two-thirds of the world’s largest economy.

In the U.S. stock market, the ISM numbers torpedoed a morning rebound and left the S&P 500 poised for its worst loss in seven sessions, down as much as 1.2% to erase almost half of last week’s rally. The 10-year Treasury yield and the dollar fell.

Traders of fed funds futures boosted the amount of easing they expect from the U.S. central bank this year, following a July 31 quarter-point cut that was the first since 2008. For the next Fed decision on Sept. 18, investors increased bets on a half-point reduction but continued to lean toward a quarter-point cut.

“This piece of data is part of the puzzle that helps to push us into recession,” said Quincy Krosby, chief market strategist at Prudential Financial Inc. “The ramifications of the trade war show up in the euro zone, in Asia and now in the U.S. If the deterioration in the U.S. continues, it’s going to feed into the overall labor market.”

What Bloomberg’s Economists Say

“To be sure, economic anxiety related to tariffs and increasing trade tensions is extracting a significant toll on business confidence. However, there was limited direct evidence of tariffs creating upward price pressures or materials shortages in the details of the report. As such, the second-order impacts from the tariffs (i.e. confidence effects and currency appreciation) appear to be having the more substantial impact.”-- Carl Riccadonna, chief U.S. economist

Although manufacturing only makes up about 11% of the U.S. economy, there are concerns that entrenched weakness -- and any layoffs that may result -- could filter through to the rest of the economy and endanger the record-long expansion.

Transportation equipment was one of seven industries in the ISM report to report shrinking business activity last month. Automakers, which report their August sales on Wednesday, account for some of the slowdown. General Motors Co. has ceased production this year at a car plant in Ohio and transmission factory in Michigan, two of the four U.S. sites that it has said aren’t being allocated future product. Other automakers are reducing production shifts, including Nissan Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co.

Weakness in the automotive and electronics markets is also impacting 3M Co.’s bottom line. Sales and profit at the diversified manufacturer fell in the second quarter even as earnings topped expectations. At Caterpillar Inc., a slowdown in crude extraction from the Permian Basin, the largest U.S. oil patch, is reducing demand for machinery. What’s more, the equipment maker’s worldwide machine sales in June and July were up 4%, the slowest in two years.

Manufacturing is technically already in a recession in the U.S. with a Fed measure of output declining in two consecutive quarters. The malaise is consistent with developments in the sector around the world. By one measure, global factory activity has contracted for four straight months.

The ISM’s measure of new orders, which are tracked by some as a leading indicator of a downturn, declined to 47.2. It was the first time since December 2015 that the gauge fell below 50. ISM’s production gauge also sank below that mark, to 49.5 in August from 50.8.

Nothing you posted suggests that "he screwed up the whole economy!".

That said, I agree. Trade war bad. Trump needs to Drop it.

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

96,000 jobs? What did you guys say about Obama when he only added 200,000 jobs in a month? You said it wasn't good enough. Well, what do you say now hypocrites?

may have

Can you read your own post? May have? Maybe? Possibly?

So you have no real evidence at all, but maybe..... MAYBE.... this indicates a possible slow down in hiring?

You have nothing.
You can't use one data point, is not a trend. One single bad month, is not a long term decline.

And as it relates to Obama.... it's not that we said Obama's record was not good enough..... OBAMA HIMSELF indicated his record wasn't good enough.

According to Obama's very own numbers, his plan was terrible.

With the billions on billions spent, Obama's plan was supposed to cap unemployment from joblosses, at 8%.
Without the recovery plan, they said we would go up to 9%.

Instead WITH spending hundreds of billions, we went over 10%.

Based on Obama's own numbers, his plan failed and sucked terribly. That's not Republicans data... that's Obama's own data.

No maybe Andy

U.S. economic growth fell to a 2.1% annual rate in the second quarter — down from a 3.1% pace in the first three months of 2019, the Commerce Department said. But growth came in slightly stronger than many analysts had expected.

President Trump has targeted a growth rate of 3% or above, citing the Republican tax cuts passed in 2017. But some studies have found that the tax cuts passed have done little to boost growth, in part because most of the benefit went to wealthy people and corporations.

A 5.2% drop in exports — amid economic weakness in Europe and elsewhere as well as the U.S. trade war with China and other countries — contributed to the slowdown.

"Trade policy uncertainty weighs on companies," said Randy Kroszner, a former governor on the Federal Reserve Board. "They have to think about 'do I invest now do I invest later?' "

In addition to weaker exports, the Commerce Department cited a number of other factors for the slowdown, including drops in business investment and investments in commercial and residential real estate. But consumer spending jumped 4.3% in the second quarter and government spending surged 5%.

Thank god government spending surged 5% huh Andy? Imagine how shitty Trump's economy would be if government spending didn't SURGE! LOL

 

[Cellblock2429]

Donald Trump has screwed up the nicely rising economy Obama left him.

Donald Trump is losing the trade war with manufacturing and agriculture down.

The ISM manufacturing index is falling sharply. Export orders are falling sharply as Trump tramples brand America.

"A measure of export orders, a proxy of overseas demand, sank to 43.3, the lowest reading since April 2009 during the depths of the last recession."

US exports also declined by 2+% year on year and are probably heading lower as Donald Trump has disrupted the whole international trade system with tariffs on friends and enemies alike.

U.S. Manufacturing Gauge Contracts for First Time in Three Years

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.

The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

The data add to concern a broader U.S. recession is coming and may complicate the re-election chances of President Donald Trump, whose pledges to revive manufacturing have been a signature issue. At the same time, Trump’s escalating tariffs on imports from China have been a major reason behind factory weakness that threatens to spread to consumer spending, which accounts for about two-thirds of the world’s largest economy.

In the U.S. stock market, the ISM numbers torpedoed a morning rebound and left the S&P 500 poised for its worst loss in seven sessions, down as much as 1.2% to erase almost half of last week’s rally. The 10-year Treasury yield and the dollar fell.

Traders of fed funds futures boosted the amount of easing they expect from the U.S. central bank this year, following a July 31 quarter-point cut that was the first since 2008. For the next Fed decision on Sept. 18, investors increased bets on a half-point reduction but continued to lean toward a quarter-point cut.

“This piece of data is part of the puzzle that helps to push us into recession,” said Quincy Krosby, chief market strategist at Prudential Financial Inc. “The ramifications of the trade war show up in the euro zone, in Asia and now in the U.S. If the deterioration in the U.S. continues, it’s going to feed into the overall labor market.”

What Bloomberg’s Economists Say

“To be sure, economic anxiety related to tariffs and increasing trade tensions is extracting a significant toll on business confidence. However, there was limited direct evidence of tariffs creating upward price pressures or materials shortages in the details of the report. As such, the second-order impacts from the tariffs (i.e. confidence effects and currency appreciation) appear to be having the more substantial impact.”-- Carl Riccadonna, chief U.S. economist

Although manufacturing only makes up about 11% of the U.S. economy, there are concerns that entrenched weakness -- and any layoffs that may result -- could filter through to the rest of the economy and endanger the record-long expansion.

Transportation equipment was one of seven industries in the ISM report to report shrinking business activity last month. Automakers, which report their August sales on Wednesday, account for some of the slowdown. General Motors Co. has ceased production this year at a car plant in Ohio and transmission factory in Michigan, two of the four U.S. sites that it has said aren’t being allocated future product. Other automakers are reducing production shifts, including Nissan Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co.

Weakness in the automotive and electronics markets is also impacting 3M Co.’s bottom line. Sales and profit at the diversified manufacturer fell in the second quarter even as earnings topped expectations. At Caterpillar Inc., a slowdown in crude extraction from the Permian Basin, the largest U.S. oil patch, is reducing demand for machinery. What’s more, the equipment maker’s worldwide machine sales in June and July were up 4%, the slowest in two years.

Manufacturing is technically already in a recession in the U.S. with a Fed measure of output declining in two consecutive quarters. The malaise is consistent with developments in the sector around the world. By one measure, global factory activity has contracted for four straight months.

The ISM’s measure of new orders, which are tracked by some as a leading indicator of a downturn, declined to 47.2. It was the first time since December 2015 that the gauge fell below 50. ISM’s production gauge also sank below that mark, to 49.5 in August from 50.8.

Nothing you posted suggests that "he screwed up the whole economy!".

That said, I agree. Trade war bad. Trump needs to Drop it.

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

96,000 jobs? What did you guys say about Obama when he only added 200,000 jobs in a month? You said it wasn't good enough. Well, what do you say now hypocrites?

/—-/ In your twisted TDS, you seem to think there is an unlimited amount of jobs to fill. How many go unfilled because there aren’t enough qualified workers? Ever hear of job ghosting?
Workers are 'ghosting' interviews, blowing off work in a strong job market
At Carports & More, based in El Dorado Hills, California, nearly half of the 65 job candidates scheduled for interviews the past month didn’t show up.

At VoiceNation, an Atlanta area call center, a similar share of the 10 hires the company was making each month never came in to work.

 

[Denizen]

Donald Trump has screwed up the nicely rising economy Obama left him.

Donald Trump is losing the trade war with manufacturing and agriculture down.

The ISM manufacturing index is falling sharply. Export orders are falling sharply as Trump tramples brand America.

"A measure of export orders, a proxy of overseas demand, sank to 43.3, the lowest reading since April 2009 during the depths of the last recession."

US exports also declined by 2+% year on year and are probably heading lower as Donald Trump has disrupted the whole international trade system with tariffs on friends and enemies alike.

U.S. Manufacturing Gauge Contracts for First Time in Three Years

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.

The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

The data add to concern a broader U.S. recession is coming and may complicate the re-election chances of President Donald Trump, whose pledges to revive manufacturing have been a signature issue. At the same time, Trump’s escalating tariffs on imports from China have been a major reason behind factory weakness that threatens to spread to consumer spending, which accounts for about two-thirds of the world’s largest economy.

In the U.S. stock market, the ISM numbers torpedoed a morning rebound and left the S&P 500 poised for its worst loss in seven sessions, down as much as 1.2% to erase almost half of last week’s rally. The 10-year Treasury yield and the dollar fell.

Traders of fed funds futures boosted the amount of easing they expect from the U.S. central bank this year, following a July 31 quarter-point cut that was the first since 2008. For the next Fed decision on Sept. 18, investors increased bets on a half-point reduction but continued to lean toward a quarter-point cut.

“This piece of data is part of the puzzle that helps to push us into recession,” said Quincy Krosby, chief market strategist at Prudential Financial Inc. “The ramifications of the trade war show up in the euro zone, in Asia and now in the U.S. If the deterioration in the U.S. continues, it’s going to feed into the overall labor market.”

What Bloomberg’s Economists Say

“To be sure, economic anxiety related to tariffs and increasing trade tensions is extracting a significant toll on business confidence. However, there was limited direct evidence of tariffs creating upward price pressures or materials shortages in the details of the report. As such, the second-order impacts from the tariffs (i.e. confidence effects and currency appreciation) appear to be having the more substantial impact.”-- Carl Riccadonna, chief U.S. economist

Although manufacturing only makes up about 11% of the U.S. economy, there are concerns that entrenched weakness -- and any layoffs that may result -- could filter through to the rest of the economy and endanger the record-long expansion.

Transportation equipment was one of seven industries in the ISM report to report shrinking business activity last month. Automakers, which report their August sales on Wednesday, account for some of the slowdown. General Motors Co. has ceased production this year at a car plant in Ohio and transmission factory in Michigan, two of the four U.S. sites that it has said aren’t being allocated future product. Other automakers are reducing production shifts, including Nissan Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co.

Weakness in the automotive and electronics markets is also impacting 3M Co.’s bottom line. Sales and profit at the diversified manufacturer fell in the second quarter even as earnings topped expectations. At Caterpillar Inc., a slowdown in crude extraction from the Permian Basin, the largest U.S. oil patch, is reducing demand for machinery. What’s more, the equipment maker’s worldwide machine sales in June and July were up 4%, the slowest in two years.

Manufacturing is technically already in a recession in the U.S. with a Fed measure of output declining in two consecutive quarters. The malaise is consistent with developments in the sector around the world. By one measure, global factory activity has contracted for four straight months.

The ISM’s measure of new orders, which are tracked by some as a leading indicator of a downturn, declined to 47.2. It was the first time since December 2015 that the gauge fell below 50. ISM’s production gauge also sank below that mark, to 49.5 in August from 50.8.

Nothing you posted suggests that "he screwed up the whole economy!".

That said, I agree. Trade war bad. Trump needs to Drop it.

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

96,000 jobs? What did you guys say about Obama when he only added 200,000 jobs in a month? You said it wasn't good enough. Well, what do you say now hypocrites?

96,000 jobs is below that required to meet population growth. Even 130,000 is not enough to meet population growth.

 

[charwin95]

Yes China stop sending us your resources for really cheap. Oh and we want some of your pollution over here!

We are getting the pollution-and the cheap resources cost us more than we know. I'm buying American

You think we have pollution? Go visit China. Can’t breath there.

So your hatred for Trump is worth more than the environment? You want U.S. dollars supporting one of the biggest polluters in the world? Thanks for proving you really don't care about the environment and you are a tool. Because you only spew the latest talking point of the day.

I’m really very disappointed with Trump supporters like you that keep blabbering without understanding Trump garbage policy.
1. China is spending hundreds of $ billions trying to clean up their air by eliminating their coal industry. Trump policy went the other way promotes coal industry polluting the atmosphere just to get vote.

2. Trump is currently very busy dismantling Obama’s EPA legacy. Trump wants to pollute just for the heck of dismantling Obama’s legacy. Trump doesn’t believe smog is a bad for you.

In short Trump doesn’t give a rats ass about smog and environment. That’s a fact. Ask me ..... why do you think I hate Trump?

China has 15 coal power plants in operation. With 6 more under construction. So you lie as a usual liberal does.

Dude I don’t lie. I travel to China regularly just incase you don’t know.

China leading on world’s clean energy investment, says report | Carbon Brief

China Aims to Spend at Least $360 Billion on Renewable Energy by 2020

China Aims to Spend at Least $360 Billion on Renewable Energy by 2020

 

[Third Party]

Donald Trump has screwed up the nicely rising economy Obama left him.

Donald Trump is losing the trade war with manufacturing and agriculture down.

The ISM manufacturing index is falling sharply. Export orders are falling sharply as Trump tramples brand America.

"A measure of export orders, a proxy of overseas demand, sank to 43.3, the lowest reading since April 2009 during the depths of the last recession."

US exports also declined by 2+% year on year and are probably heading lower as Donald Trump has disrupted the whole international trade system with tariffs on friends and enemies alike.

U.S. Manufacturing Gauge Contracts for First Time in Three Years

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.

The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

The data add to concern a broader U.S. recession is coming and may complicate the re-election chances of President Donald Trump, whose pledges to revive manufacturing have been a signature issue. At the same time, Trump’s escalating tariffs on imports from China have been a major reason behind factory weakness that threatens to spread to consumer spending, which accounts for about two-thirds of the world’s largest economy.

In the U.S. stock market, the ISM numbers torpedoed a morning rebound and left the S&P 500 poised for its worst loss in seven sessions, down as much as 1.2% to erase almost half of last week’s rally. The 10-year Treasury yield and the dollar fell.

Traders of fed funds futures boosted the amount of easing they expect from the U.S. central bank this year, following a July 31 quarter-point cut that was the first since 2008. For the next Fed decision on Sept. 18, investors increased bets on a half-point reduction but continued to lean toward a quarter-point cut.

“This piece of data is part of the puzzle that helps to push us into recession,” said Quincy Krosby, chief market strategist at Prudential Financial Inc. “The ramifications of the trade war show up in the euro zone, in Asia and now in the U.S. If the deterioration in the U.S. continues, it’s going to feed into the overall labor market.”

What Bloomberg’s Economists Say

“To be sure, economic anxiety related to tariffs and increasing trade tensions is extracting a significant toll on business confidence. However, there was limited direct evidence of tariffs creating upward price pressures or materials shortages in the details of the report. As such, the second-order impacts from the tariffs (i.e. confidence effects and currency appreciation) appear to be having the more substantial impact.”-- Carl Riccadonna, chief U.S. economist

Although manufacturing only makes up about 11% of the U.S. economy, there are concerns that entrenched weakness -- and any layoffs that may result -- could filter through to the rest of the economy and endanger the record-long expansion.

Transportation equipment was one of seven industries in the ISM report to report shrinking business activity last month. Automakers, which report their August sales on Wednesday, account for some of the slowdown. General Motors Co. has ceased production this year at a car plant in Ohio and transmission factory in Michigan, two of the four U.S. sites that it has said aren’t being allocated future product. Other automakers are reducing production shifts, including Nissan Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co.

Weakness in the automotive and electronics markets is also impacting 3M Co.’s bottom line. Sales and profit at the diversified manufacturer fell in the second quarter even as earnings topped expectations. At Caterpillar Inc., a slowdown in crude extraction from the Permian Basin, the largest U.S. oil patch, is reducing demand for machinery. What’s more, the equipment maker’s worldwide machine sales in June and July were up 4%, the slowest in two years.

Manufacturing is technically already in a recession in the U.S. with a Fed measure of output declining in two consecutive quarters. The malaise is consistent with developments in the sector around the world. By one measure, global factory activity has contracted for four straight months.

The ISM’s measure of new orders, which are tracked by some as a leading indicator of a downturn, declined to 47.2. It was the first time since December 2015 that the gauge fell below 50. ISM’s production gauge also sank below that mark, to 49.5 in August from 50.8.

Nothing you posted suggests that "he screwed up the whole economy!".

That said, I agree. Trade war bad. Trump needs to Drop it.

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

96,000 jobs? What did you guys say about Obama when he only added 200,000 jobs in a month? You said it wasn't good enough. Well, what do you say now hypocrites?

Still a better economy than Obama ever had. It sounds like you hope the economy does badly so Trump does not get re-elected-is that true?

 

[Third Party]

Hey, you brought up China and Obama

I brought up Obama? I am looking at my copied post above, and do not see where I mentioned Obama. Must be some sort of glitch that affects your computer only.

The point is Obama policies and his record-setting number of oppressive job-killing regulations drove cpmpanies to move their manufacturing plants overseas. Barry was fine with this happening, telling Americans they were gone for good, never coming back, and to accept this as the new norm.
This much is true.

He was wrong. President Trump refused to accept companies leaving and American jobs disappearing. He took a broom to Obama policies / regulations, wiping out a ton of them.

Jobs aren't coming back? You just contradicted yourself - you even admitted that jobs were created from companies bringing back manufacturing to the US.

Snowflakes, as usual, attempted to lay claim to Trump's success by claiming it was Barry's...but, as pointed out, Barties policies and regulations drove manufacturing to leave, and he made no effort to bring companies / jobs back. So the attempted claim that Barry did anything to result in the strong economy and low unemployment we have is based on BS.

Your pathetic flip-flopping, contradictions, and childish word play making you look like an ass does not change that.
Click to expand...
No, the jobs are not coming back. 73,000 over 8 years is basically the same as nothing in the big picture. you are like the guy telling the farmer..."what do you mean you need rain, it rained for 45 seconds yesterday".
Click to expand...

I wouldn't take credit for ANYTHING Obama did-not that there is anything worth it.Obama is in the rear view mirror-even Biden can't get him to show his face.

The problem is you don’t understand class. Racist whites just can’t see black people as classy people. Have you noticed that?

Obama was a dumpster diver until somebody pulled a My Fair Lady on him. A classy black would be Mike Tomlin, coach of the Steelers. No excuses, no explanations-words to live by for everybody. So no , did not see any racist whites at all-don't believe in them.

Party, you simply have to sober up, or something. You keep confusing my posts with somebody else's, probably Golfing Gator. I never admitted that Trump has ever done anything other than to make a total disaster of our economy.

Sorry you have no money, but I am doing great with this economy.

I'm doing great too but I was doing great before Trump.

And Trump's trade war is hurting manufacturing. Manufacturing is our most vital/important industry and Trump's fucking with it.

Working back from January 2017, Obama’s last month in office, there had been 6.423 million jobs added or 221,000 per month. The difference for the 29 months is 810,000 more jobs or 27,000 more per month than Trump.

So for me, Trump giveth, and Trump taketh away. I'd rather he just go away.

I was not doing great under Obama and neither was anybody I knew. So you were one of the few lucky ones.

 

[Third Party]

We are getting the pollution-and the cheap resources cost us more than we know. I'm buying American

You think we have pollution? Go visit China. Can’t breath there.

So your hatred for Trump is worth more than the environment? You want U.S. dollars supporting one of the biggest polluters in the world? Thanks for proving you really don't care about the environment and you are a tool. Because you only spew the latest talking point of the day.

I’m really very disappointed with Trump supporters like you that keep blabbering without understanding Trump garbage policy.
1. China is spending hundreds of $ billions trying to clean up their air by eliminating their coal industry. Trump policy went the other way promotes coal industry polluting the atmosphere just to get vote.

2. Trump is currently very busy dismantling Obama’s EPA legacy. Trump wants to pollute just for the heck of dismantling Obama’s legacy. Trump doesn’t believe smog is a bad for you.

In short Trump doesn’t give a rats ass about smog and environment. That’s a fact. Ask me ..... why do you think I hate Trump?

China has 15 coal power plants in operation. With 6 more under construction. So you lie as a usual liberal does.

Dude I don’t lie. I travel to China regularly just incase you don’t know.

China leading on world’s clean energy investment, says report | Carbon Brief

China Aims to Spend at Least $360 Billion on Renewable Energy by 2020

China Aims to Spend at Least $360 Billion on Renewable Energy by 2020

All this but they are the dirtiest place? Something doesn't add up

 

[charwin95]

I am flat out amazed that Trumpettes have not figured out that China is not going to give an inch, as long as Trump is president.

And they did under Obama? Where, building aircraft islands?

Do you even know what you are talking about, and what it has to do with this thread?

Hey, you brought up China and Obama

I brought up Obama? I am looking at my copied post above, and do not see where I mentioned Obama. Must be some sort of glitch that affects your computer only.

*** The point is Obama policies and his record-setting number of oppressive job-killing regulations drove cpmpanies to move their manufacturing plants overseas. Barry was fine with this happening, telling Americans they were gone for good, never coming back, and to accept this as the new norm.
This much is true.
]

***Can you please specify what are Obama’s policies and job killings regulations that drove manufacturing plants overseas?

I’m not sure where you are getting your information but under Trump jobs are still going overseas at record high.





Rust Belt jobs are still going overseas. The impact could be felt for generations.

Under Trump, US jobs are moving overseas even faster than before

Under Trump, US jobs are moving overseas even faster than before
By Tim FernholzDecember 1, 2017
“We’re just shipping company after company after company is leaving this country and leaving jobs behind,” president Donald Trump said on the campaign trail last year. “And I’m going to get it stopped.”

 

[sealybobo]

Donald Trump has screwed up the nicely rising economy Obama left him.

Donald Trump is losing the trade war with manufacturing and agriculture down.

The ISM manufacturing index is falling sharply. Export orders are falling sharply as Trump tramples brand America.

"A measure of export orders, a proxy of overseas demand, sank to 43.3, the lowest reading since April 2009 during the depths of the last recession."

US exports also declined by 2+% year on year and are probably heading lower as Donald Trump has disrupted the whole international trade system with tariffs on friends and enemies alike.

U.S. Manufacturing Gauge Contracts for First Time in Three Years

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.

The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

The data add to concern a broader U.S. recession is coming and may complicate the re-election chances of President Donald Trump, whose pledges to revive manufacturing have been a signature issue. At the same time, Trump’s escalating tariffs on imports from China have been a major reason behind factory weakness that threatens to spread to consumer spending, which accounts for about two-thirds of the world’s largest economy.

In the U.S. stock market, the ISM numbers torpedoed a morning rebound and left the S&P 500 poised for its worst loss in seven sessions, down as much as 1.2% to erase almost half of last week’s rally. The 10-year Treasury yield and the dollar fell.

Traders of fed funds futures boosted the amount of easing they expect from the U.S. central bank this year, following a July 31 quarter-point cut that was the first since 2008. For the next Fed decision on Sept. 18, investors increased bets on a half-point reduction but continued to lean toward a quarter-point cut.

“This piece of data is part of the puzzle that helps to push us into recession,” said Quincy Krosby, chief market strategist at Prudential Financial Inc. “The ramifications of the trade war show up in the euro zone, in Asia and now in the U.S. If the deterioration in the U.S. continues, it’s going to feed into the overall labor market.”

What Bloomberg’s Economists Say

“To be sure, economic anxiety related to tariffs and increasing trade tensions is extracting a significant toll on business confidence. However, there was limited direct evidence of tariffs creating upward price pressures or materials shortages in the details of the report. As such, the second-order impacts from the tariffs (i.e. confidence effects and currency appreciation) appear to be having the more substantial impact.”-- Carl Riccadonna, chief U.S. economist

Although manufacturing only makes up about 11% of the U.S. economy, there are concerns that entrenched weakness -- and any layoffs that may result -- could filter through to the rest of the economy and endanger the record-long expansion.

Transportation equipment was one of seven industries in the ISM report to report shrinking business activity last month. Automakers, which report their August sales on Wednesday, account for some of the slowdown. General Motors Co. has ceased production this year at a car plant in Ohio and transmission factory in Michigan, two of the four U.S. sites that it has said aren’t being allocated future product. Other automakers are reducing production shifts, including Nissan Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co.

Weakness in the automotive and electronics markets is also impacting 3M Co.’s bottom line. Sales and profit at the diversified manufacturer fell in the second quarter even as earnings topped expectations. At Caterpillar Inc., a slowdown in crude extraction from the Permian Basin, the largest U.S. oil patch, is reducing demand for machinery. What’s more, the equipment maker’s worldwide machine sales in June and July were up 4%, the slowest in two years.

Manufacturing is technically already in a recession in the U.S. with a Fed measure of output declining in two consecutive quarters. The malaise is consistent with developments in the sector around the world. By one measure, global factory activity has contracted for four straight months.

The ISM’s measure of new orders, which are tracked by some as a leading indicator of a downturn, declined to 47.2. It was the first time since December 2015 that the gauge fell below 50. ISM’s production gauge also sank below that mark, to 49.5 in August from 50.8.

Nothing you posted suggests that "he screwed up the whole economy!".

That said, I agree. Trade war bad. Trump needs to Drop it.

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

96,000 jobs? What did you guys say about Obama when he only added 200,000 jobs in a month? You said it wasn't good enough. Well, what do you say now hypocrites?

/—-/ In your twisted TDS, you seem to think there is an unlimited amount of jobs to fill. How many go unfilled because there aren’t enough qualified workers? Ever hear of job ghosting?
Workers are 'ghosting' interviews, blowing off work in a strong job market
At Carports & More, based in El Dorado Hills, California, nearly half of the 65 job candidates scheduled for interviews the past month didn’t show up.

At VoiceNation, an Atlanta area call center, a similar share of the 10 hires the company was making each month never came in to work.

Yea yea, I know your right wing spin. You could have spun the same way for Obama but you chose not to.

This is the only reason we throw the shit you said in 2007 back in your retarded faces.

 

[sealybobo]

Donald Trump has screwed up the nicely rising economy Obama left him.

Donald Trump is losing the trade war with manufacturing and agriculture down.

The ISM manufacturing index is falling sharply. Export orders are falling sharply as Trump tramples brand America.

"A measure of export orders, a proxy of overseas demand, sank to 43.3, the lowest reading since April 2009 during the depths of the last recession."

US exports also declined by 2+% year on year and are probably heading lower as Donald Trump has disrupted the whole international trade system with tariffs on friends and enemies alike.

U.S. Manufacturing Gauge Contracts for First Time in Three Years

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.

The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

The data add to concern a broader U.S. recession is coming and may complicate the re-election chances of President Donald Trump, whose pledges to revive manufacturing have been a signature issue. At the same time, Trump’s escalating tariffs on imports from China have been a major reason behind factory weakness that threatens to spread to consumer spending, which accounts for about two-thirds of the world’s largest economy.

In the U.S. stock market, the ISM numbers torpedoed a morning rebound and left the S&P 500 poised for its worst loss in seven sessions, down as much as 1.2% to erase almost half of last week’s rally. The 10-year Treasury yield and the dollar fell.

Traders of fed funds futures boosted the amount of easing they expect from the U.S. central bank this year, following a July 31 quarter-point cut that was the first since 2008. For the next Fed decision on Sept. 18, investors increased bets on a half-point reduction but continued to lean toward a quarter-point cut.

“This piece of data is part of the puzzle that helps to push us into recession,” said Quincy Krosby, chief market strategist at Prudential Financial Inc. “The ramifications of the trade war show up in the euro zone, in Asia and now in the U.S. If the deterioration in the U.S. continues, it’s going to feed into the overall labor market.”

What Bloomberg’s Economists Say

“To be sure, economic anxiety related to tariffs and increasing trade tensions is extracting a significant toll on business confidence. However, there was limited direct evidence of tariffs creating upward price pressures or materials shortages in the details of the report. As such, the second-order impacts from the tariffs (i.e. confidence effects and currency appreciation) appear to be having the more substantial impact.”-- Carl Riccadonna, chief U.S. economist

Although manufacturing only makes up about 11% of the U.S. economy, there are concerns that entrenched weakness -- and any layoffs that may result -- could filter through to the rest of the economy and endanger the record-long expansion.

Transportation equipment was one of seven industries in the ISM report to report shrinking business activity last month. Automakers, which report their August sales on Wednesday, account for some of the slowdown. General Motors Co. has ceased production this year at a car plant in Ohio and transmission factory in Michigan, two of the four U.S. sites that it has said aren’t being allocated future product. Other automakers are reducing production shifts, including Nissan Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co.

Weakness in the automotive and electronics markets is also impacting 3M Co.’s bottom line. Sales and profit at the diversified manufacturer fell in the second quarter even as earnings topped expectations. At Caterpillar Inc., a slowdown in crude extraction from the Permian Basin, the largest U.S. oil patch, is reducing demand for machinery. What’s more, the equipment maker’s worldwide machine sales in June and July were up 4%, the slowest in two years.

Manufacturing is technically already in a recession in the U.S. with a Fed measure of output declining in two consecutive quarters. The malaise is consistent with developments in the sector around the world. By one measure, global factory activity has contracted for four straight months.

The ISM’s measure of new orders, which are tracked by some as a leading indicator of a downturn, declined to 47.2. It was the first time since December 2015 that the gauge fell below 50. ISM’s production gauge also sank below that mark, to 49.5 in August from 50.8.

Nothing you posted suggests that "he screwed up the whole economy!".

That said, I agree. Trade war bad. Trump needs to Drop it.

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

96,000 jobs? What did you guys say about Obama when he only added 200,000 jobs in a month? You said it wasn't good enough. Well, what do you say now hypocrites?

Still a better economy than Obama ever had. It sounds like you hope the economy does badly so Trump does not get re-elected-is that true?

It's only better if Trump doesn't cause a recession

Oh, and WRONG!

Republicans Think Democrats Want A Recession. Polling Shows They Don’t.
Just 9% of Democrats hope the economy tanks, but a plurality of Americans are expecting a recession.

I think like Gore and Hillary, Trump should lose despite a good economy.

 

[charwin95]

You think we have pollution? Go visit China. Can’t breath there.

So your hatred for Trump is worth more than the environment? You want U.S. dollars supporting one of the biggest polluters in the world? Thanks for proving you really don't care about the environment and you are a tool. Because you only spew the latest talking point of the day.

I’m really very disappointed with Trump supporters like you that keep blabbering without understanding Trump garbage policy.
1. China is spending hundreds of $ billions trying to clean up their air by eliminating their coal industry. Trump policy went the other way promotes coal industry polluting the atmosphere just to get vote.

2. Trump is currently very busy dismantling Obama’s EPA legacy. Trump wants to pollute just for the heck of dismantling Obama’s legacy. Trump doesn’t believe smog is a bad for you.

In short Trump doesn’t give a rats ass about smog and environment. That’s a fact. Ask me ..... why do you think I hate Trump?

China has 15 coal power plants in operation. With 6 more under construction. So you lie as a usual liberal does.

Dude I don’t lie. I travel to China regularly just incase you don’t know.

China leading on world’s clean energy investment, says report | Carbon Brief

China Aims to Spend at Least $360 Billion on Renewable Energy by 2020

China Aims to Spend at Least $360 Billion on Renewable Energy by 2020

All this but they are the dirtiest place? Something doesn't add up

That is not the point dude. They have dirty air etc etc you are right. But they are spending more billions $ than anybody out pacing US in clean energy investment. Meaning trying to clean up their act.

You are just a Trump supporter. What do you know anyway?

 

[sealybobo]

I brought up Obama? I am looking at my copied post above, and do not see where I mentioned Obama. Must be some sort of glitch that affects your computer only.

The point is Obama policies and his record-setting number of oppressive job-killing regulations drove cpmpanies to move their manufacturing plants overseas. Barry was fine with this happening, telling Americans they were gone for good, never coming back, and to accept this as the new norm.
This much is true.

He was wrong. President Trump refused to accept companies leaving and American jobs disappearing. He took a broom to Obama policies / regulations, wiping out a ton of them.

Jobs aren't coming back? You just contradicted yourself - you even admitted that jobs were created from companies bringing back manufacturing to the US.

Snowflakes, as usual, attempted to lay claim to Trump's success by claiming it was Barry's...but, as pointed out, Barties policies and regulations drove manufacturing to leave, and he made no effort to bring companies / jobs back. So the attempted claim that Barry did anything to result in the strong economy and low unemployment we have is based on BS.

Your pathetic flip-flopping, contradictions, and childish word play making you look like an ass does not change that.
Click to expand...
No, the jobs are not coming back. 73,000 over 8 years is basically the same as nothing in the big picture. you are like the guy telling the farmer..."what do you mean you need rain, it rained for 45 seconds yesterday".
Click to expand...

The problem is you don’t understand class. Racist whites just can’t see black people as classy people. Have you noticed that?

Obama was a dumpster diver until somebody pulled a My Fair Lady on him. A classy black would be Mike Tomlin, coach of the Steelers. No excuses, no explanations-words to live by for everybody. So no , did not see any racist whites at all-don't believe in them.

Party, you simply have to sober up, or something. You keep confusing my posts with somebody else's, probably Golfing Gator. I never admitted that Trump has ever done anything other than to make a total disaster of our economy.

Sorry you have no money, but I am doing great with this economy.

I'm doing great too but I was doing great before Trump.

And Trump's trade war is hurting manufacturing. Manufacturing is our most vital/important industry and Trump's fucking with it.

Working back from January 2017, Obama’s last month in office, there had been 6.423 million jobs added or 221,000 per month. The difference for the 29 months is 810,000 more jobs or 27,000 more per month than Trump.

So for me, Trump giveth, and Trump taketh away. I'd rather he just go away.

I was not doing great under Obama and neither was anybody I knew. So you were one of the few lucky ones.

What industry are you in? I'm in manufacturing. I was hired in 2014 and got a raise in 2015. Then I got a raise in 2016. Then I got the biggest raise in 2017 because of my amazing sales in 2016. The economy was fine.

I would love to analyze all the people you knew that weren't doing well in 2016 but directly because of Trump are doing that much better.

And is it temporary? That tax break to everyone didn't grow the economy like Trump said it would. Suddenly things are back to how they were under Obama. Things are good but could be better.

And Obama didn't have to give the rich and corporations the biggest tax breaks in US history to achieve his goals. Sure he had to do a stimulus to get us out of the recession, so similar to Trump's tax breaks to try and achieve 5% growth, but Trump has fallen flat on his goals. And, was it worth it? Trump blew up the debt/deficit. Suddenly you cons don't care about that?

TRUMP'S TAX CUTS DIDN'T BENEFIT U.S. WORKERS, MADE RICH COMPANIES RICHER, ANALYSIS FINDS

Trump's tax cuts didn't benefit American workers, just made rich companies richer

 

[sealybobo]

I brought up Obama? I am looking at my copied post above, and do not see where I mentioned Obama. Must be some sort of glitch that affects your computer only.

The point is Obama policies and his record-setting number of oppressive job-killing regulations drove cpmpanies to move their manufacturing plants overseas. Barry was fine with this happening, telling Americans they were gone for good, never coming back, and to accept this as the new norm.
This much is true.

He was wrong. President Trump refused to accept companies leaving and American jobs disappearing. He took a broom to Obama policies / regulations, wiping out a ton of them.

Jobs aren't coming back? You just contradicted yourself - you even admitted that jobs were created from companies bringing back manufacturing to the US.

Snowflakes, as usual, attempted to lay claim to Trump's success by claiming it was Barry's...but, as pointed out, Barties policies and regulations drove manufacturing to leave, and he made no effort to bring companies / jobs back. So the attempted claim that Barry did anything to result in the strong economy and low unemployment we have is based on BS.

Your pathetic flip-flopping, contradictions, and childish word play making you look like an ass does not change that.
Click to expand...
No, the jobs are not coming back. 73,000 over 8 years is basically the same as nothing in the big picture. you are like the guy telling the farmer..."what do you mean you need rain, it rained for 45 seconds yesterday".
Click to expand...

The problem is you don’t understand class. Racist whites just can’t see black people as classy people. Have you noticed that?

Obama was a dumpster diver until somebody pulled a My Fair Lady on him. A classy black would be Mike Tomlin, coach of the Steelers. No excuses, no explanations-words to live by for everybody. So no , did not see any racist whites at all-don't believe in them.

Party, you simply have to sober up, or something. You keep confusing my posts with somebody else's, probably Golfing Gator. I never admitted that Trump has ever done anything other than to make a total disaster of our economy.

Sorry you have no money, but I am doing great with this economy.

I'm doing great too but I was doing great before Trump.

And Trump's trade war is hurting manufacturing. Manufacturing is our most vital/important industry and Trump's fucking with it.

Working back from January 2017, Obama’s last month in office, there had been 6.423 million jobs added or 221,000 per month. The difference for the 29 months is 810,000 more jobs or 27,000 more per month than Trump.

So for me, Trump giveth, and Trump taketh away. I'd rather he just go away.

I was not doing great under Obama and neither was anybody I knew. So you were one of the few lucky ones.

What were you doing for a living in 2016?

What are you doing for a living now?

I'm sure there are people who are doing better today than they were in 2015 just as I am but I sure as hell ain't crediting Trump.

Are you a coal miner?

EXCLUSIVE-Most U.S. states lost coal mining jobs in 2017 – data

 

[sealybobo]

 

[Cellblock2429]

Donald Trump has screwed up the nicely rising economy Obama left him.

Donald Trump is losing the trade war with manufacturing and agriculture down.

The ISM manufacturing index is falling sharply. Export orders are falling sharply as Trump tramples brand America.

"A measure of export orders, a proxy of overseas demand, sank to 43.3, the lowest reading since April 2009 during the depths of the last recession."

US exports also declined by 2+% year on year and are probably heading lower as Donald Trump has disrupted the whole international trade system with tariffs on friends and enemies alike.

U.S. Manufacturing Gauge Contracts for First Time in Three Years

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.

The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

The data add to concern a broader U.S. recession is coming and may complicate the re-election chances of President Donald Trump, whose pledges to revive manufacturing have been a signature issue. At the same time, Trump’s escalating tariffs on imports from China have been a major reason behind factory weakness that threatens to spread to consumer spending, which accounts for about two-thirds of the world’s largest economy.

In the U.S. stock market, the ISM numbers torpedoed a morning rebound and left the S&P 500 poised for its worst loss in seven sessions, down as much as 1.2% to erase almost half of last week’s rally. The 10-year Treasury yield and the dollar fell.

Traders of fed funds futures boosted the amount of easing they expect from the U.S. central bank this year, following a July 31 quarter-point cut that was the first since 2008. For the next Fed decision on Sept. 18, investors increased bets on a half-point reduction but continued to lean toward a quarter-point cut.

“This piece of data is part of the puzzle that helps to push us into recession,” said Quincy Krosby, chief market strategist at Prudential Financial Inc. “The ramifications of the trade war show up in the euro zone, in Asia and now in the U.S. If the deterioration in the U.S. continues, it’s going to feed into the overall labor market.”

What Bloomberg’s Economists Say

“To be sure, economic anxiety related to tariffs and increasing trade tensions is extracting a significant toll on business confidence. However, there was limited direct evidence of tariffs creating upward price pressures or materials shortages in the details of the report. As such, the second-order impacts from the tariffs (i.e. confidence effects and currency appreciation) appear to be having the more substantial impact.”-- Carl Riccadonna, chief U.S. economist

Although manufacturing only makes up about 11% of the U.S. economy, there are concerns that entrenched weakness -- and any layoffs that may result -- could filter through to the rest of the economy and endanger the record-long expansion.

Transportation equipment was one of seven industries in the ISM report to report shrinking business activity last month. Automakers, which report their August sales on Wednesday, account for some of the slowdown. General Motors Co. has ceased production this year at a car plant in Ohio and transmission factory in Michigan, two of the four U.S. sites that it has said aren’t being allocated future product. Other automakers are reducing production shifts, including Nissan Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co.

Weakness in the automotive and electronics markets is also impacting 3M Co.’s bottom line. Sales and profit at the diversified manufacturer fell in the second quarter even as earnings topped expectations. At Caterpillar Inc., a slowdown in crude extraction from the Permian Basin, the largest U.S. oil patch, is reducing demand for machinery. What’s more, the equipment maker’s worldwide machine sales in June and July were up 4%, the slowest in two years.

Manufacturing is technically already in a recession in the U.S. with a Fed measure of output declining in two consecutive quarters. The malaise is consistent with developments in the sector around the world. By one measure, global factory activity has contracted for four straight months.

The ISM’s measure of new orders, which are tracked by some as a leading indicator of a downturn, declined to 47.2. It was the first time since December 2015 that the gauge fell below 50. ISM’s production gauge also sank below that mark, to 49.5 in August from 50.8.

Nothing you posted suggests that "he screwed up the whole economy!".

That said, I agree. Trade war bad. Trump needs to Drop it.

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

96,000 jobs? What did you guys say about Obama when he only added 200,000 jobs in a month? You said it wasn't good enough. Well, what do you say now hypocrites?

/—-/ In your twisted TDS, you seem to think there is an unlimited amount of jobs to fill. How many go unfilled because there aren’t enough qualified workers? Ever hear of job ghosting?
Workers are 'ghosting' interviews, blowing off work in a strong job market
At Carports & More, based in El Dorado Hills, California, nearly half of the 65 job candidates scheduled for interviews the past month didn’t show up.

At VoiceNation, an Atlanta area call center, a similar share of the 10 hires the company was making each month never came in to work.

Yea yea, I know your right wing spin. You could have spun the same way for Obama but you chose not to.

This is the only reason we throw the shit you said in 2007 back in your retarded faces.

/—-/ So ghosting is just spin? Eager candidates line up for a limited number of jobs? That’s your spin? You can’t refute my source, can you?

 

[Third Party]

Donald Trump has screwed up the nicely rising economy Obama left him.

Donald Trump is losing the trade war with manufacturing and agriculture down.

The ISM manufacturing index is falling sharply. Export orders are falling sharply as Trump tramples brand America.

"A measure of export orders, a proxy of overseas demand, sank to 43.3, the lowest reading since April 2009 during the depths of the last recession."

US exports also declined by 2+% year on year and are probably heading lower as Donald Trump has disrupted the whole international trade system with tariffs on friends and enemies alike.

U.S. Manufacturing Gauge Contracts for First Time in Three Years

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.

The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

The data add to concern a broader U.S. recession is coming and may complicate the re-election chances of President Donald Trump, whose pledges to revive manufacturing have been a signature issue. At the same time, Trump’s escalating tariffs on imports from China have been a major reason behind factory weakness that threatens to spread to consumer spending, which accounts for about two-thirds of the world’s largest economy.

In the U.S. stock market, the ISM numbers torpedoed a morning rebound and left the S&P 500 poised for its worst loss in seven sessions, down as much as 1.2% to erase almost half of last week’s rally. The 10-year Treasury yield and the dollar fell.

Traders of fed funds futures boosted the amount of easing they expect from the U.S. central bank this year, following a July 31 quarter-point cut that was the first since 2008. For the next Fed decision on Sept. 18, investors increased bets on a half-point reduction but continued to lean toward a quarter-point cut.

“This piece of data is part of the puzzle that helps to push us into recession,” said Quincy Krosby, chief market strategist at Prudential Financial Inc. “The ramifications of the trade war show up in the euro zone, in Asia and now in the U.S. If the deterioration in the U.S. continues, it’s going to feed into the overall labor market.”

What Bloomberg’s Economists Say

“To be sure, economic anxiety related to tariffs and increasing trade tensions is extracting a significant toll on business confidence. However, there was limited direct evidence of tariffs creating upward price pressures or materials shortages in the details of the report. As such, the second-order impacts from the tariffs (i.e. confidence effects and currency appreciation) appear to be having the more substantial impact.”-- Carl Riccadonna, chief U.S. economist

Although manufacturing only makes up about 11% of the U.S. economy, there are concerns that entrenched weakness -- and any layoffs that may result -- could filter through to the rest of the economy and endanger the record-long expansion.

Transportation equipment was one of seven industries in the ISM report to report shrinking business activity last month. Automakers, which report their August sales on Wednesday, account for some of the slowdown. General Motors Co. has ceased production this year at a car plant in Ohio and transmission factory in Michigan, two of the four U.S. sites that it has said aren’t being allocated future product. Other automakers are reducing production shifts, including Nissan Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co.

Weakness in the automotive and electronics markets is also impacting 3M Co.’s bottom line. Sales and profit at the diversified manufacturer fell in the second quarter even as earnings topped expectations. At Caterpillar Inc., a slowdown in crude extraction from the Permian Basin, the largest U.S. oil patch, is reducing demand for machinery. What’s more, the equipment maker’s worldwide machine sales in June and July were up 4%, the slowest in two years.

Manufacturing is technically already in a recession in the U.S. with a Fed measure of output declining in two consecutive quarters. The malaise is consistent with developments in the sector around the world. By one measure, global factory activity has contracted for four straight months.

The ISM’s measure of new orders, which are tracked by some as a leading indicator of a downturn, declined to 47.2. It was the first time since December 2015 that the gauge fell below 50. ISM’s production gauge also sank below that mark, to 49.5 in August from 50.8.

Nothing you posted suggests that "he screwed up the whole economy!".

That said, I agree. Trade war bad. Trump needs to Drop it.

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

96,000 jobs? What did you guys say about Obama when he only added 200,000 jobs in a month? You said it wasn't good enough. Well, what do you say now hypocrites?

Still a better economy than Obama ever had. It sounds like you hope the economy does badly so Trump does not get re-elected-is that true?

It's only better if Trump doesn't cause a recession

Oh, and WRONG!

Republicans Think Democrats Want A Recession. Polling Shows They Don’t.
Just 9% of Democrats hope the economy tanks, but a plurality of Americans are expecting a recession.

I think like Gore and Hillary, Trump should lose despite a good economy.

You did not answer the question-good economy and Trump gets re-elected, or bad economy and Trump is beaten-which do YOU choose?

 

[Third Party]

The point is Obama policies and his record-setting number of oppressive job-killing regulations drove cpmpanies to move their manufacturing plants overseas. Barry was fine with this happening, telling Americans they were gone for good, never coming back, and to accept this as the new norm.
This much is true.

He was wrong. President Trump refused to accept companies leaving and American jobs disappearing. He took a broom to Obama policies / regulations, wiping out a ton of them.

Jobs aren't coming back? You just contradicted yourself - you even admitted that jobs were created from companies bringing back manufacturing to the US.

Snowflakes, as usual, attempted to lay claim to Trump's success by claiming it was Barry's...but, as pointed out, Barties policies and regulations drove manufacturing to leave, and he made no effort to bring companies / jobs back. So the attempted claim that Barry did anything to result in the strong economy and low unemployment we have is based on BS.

Your pathetic flip-flopping, contradictions, and childish word play making you look like an ass does not change that.
Click to expand...
No, the jobs are not coming back. 73,000 over 8 years is basically the same as nothing in the big picture. you are like the guy telling the farmer..."what do you mean you need rain, it rained for 45 seconds yesterday".
Click to expand...
Obama was a dumpster diver until somebody pulled a My Fair Lady on him. A classy black would be Mike Tomlin, coach of the Steelers. No excuses, no explanations-words to live by for everybody. So no , did not see any racist whites at all-don't believe in them.

Party, you simply have to sober up, or something. You keep confusing my posts with somebody else's, probably Golfing Gator. I never admitted that Trump has ever done anything other than to make a total disaster of our economy.

Sorry you have no money, but I am doing great with this economy.

I'm doing great too but I was doing great before Trump.

And Trump's trade war is hurting manufacturing. Manufacturing is our most vital/important industry and Trump's fucking with it.

Working back from January 2017, Obama’s last month in office, there had been 6.423 million jobs added or 221,000 per month. The difference for the 29 months is 810,000 more jobs or 27,000 more per month than Trump.

So for me, Trump giveth, and Trump taketh away. I'd rather he just go away.

I was not doing great under Obama and neither was anybody I knew. So you were one of the few lucky ones.

What were you doing for a living in 2016?

What are you doing for a living now?

I'm sure there are people who are doing better today than they were in 2015 just as I am but I sure as hell ain't crediting Trump.

Are you a coal miner?

EXCLUSIVE-Most U.S. states lost coal mining jobs in 2017 – data

The same thing I was doing under Bush, thru Obama, thru to Trump-no, I don't mine coal or oil

 

[Vandalshandle]

Do you even know what you are talking about, and what it has to do with this thread?

Hey, you brought up China and Obama

I brought up Obama? I am looking at my copied post above, and do not see where I mentioned Obama. Must be some sort of glitch that affects your computer only.

The point is Obama policies and his record-setting number of oppressive job-killing regulations drove cpmpanies to move their manufacturing plants overseas. Barry was fine with this happening, telling Americans they were gone for good, never coming back, and to accept this as the new norm.
This much is true.

He was wrong. President Trump refused to accept companies leaving and American jobs disappearing. He took a broom to Obama policies / regulations, wiping out a ton of them.

Jobs aren't coming back? You just contradicted yourself - you even admitted that jobs were created from companies bringing back manufacturing to the US.

Snowflakes, as usual, attempted to lay claim to Trump's success by claiming it was Barry's...but, as pointed out, Barties policies and regulations drove manufacturing to leave, and he made no effort to bring companies / jobs back. So the attempted claim that Barry did anything to result in the strong economy and low unemployment we have is based on BS.

Your pathetic flip-flopping, contradictions, and childish word play making you look like an ass does not change that.
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No, the jobs are not coming back. 73,000 over 8 years is basically the same as nothing in the big picture. you are like the guy telling the farmer..."what do you mean you need rain, it rained for 45 seconds yesterday".
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Trump is claiming credit for Obama's economy before he total wrecks it.

I wouldn't take credit for ANYTHING Obama did-not that there is anything worth it.Obama is in the rear view mirror-even Biden can't get him to show his face.

The problem is you don’t understand class. Racist whites just can’t see black people as classy people. Have you noticed that?

Obama was a dumpster diver until somebody pulled a My Fair Lady on him. A classy black would be Mike Tomlin, coach of the Steelers. No excuses, no explanations-words to live by for everybody. So no , did not see any racist whites at all-don't believe in them.

Party, you simply have to sober up, or something. You keep confusing my posts with somebody else's, probably Golfing Gator. I never admitted that Trump has ever done anything other than to make a total disaster of our economy.

Sorry you have no money, but I am doing great with this economy.

Really, guy. You should try to engage someone who is on your intellectual plane.

 

[Denizen]

Donald Trump has screwed up the nicely rising economy Obama left him.

Donald Trump is losing the trade war with manufacturing and agriculture down.

The ISM manufacturing index is falling sharply. Export orders are falling sharply as Trump tramples brand America.

"A measure of export orders, a proxy of overseas demand, sank to 43.3, the lowest reading since April 2009 during the depths of the last recession."

US exports also declined by 2+% year on year and are probably heading lower as Donald Trump has disrupted the whole international trade system with tariffs on friends and enemies alike.

U.S. Manufacturing Gauge Contracts for First Time in Three Years

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.

The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

The data add to concern a broader U.S. recession is coming and may complicate the re-election chances of President Donald Trump, whose pledges to revive manufacturing have been a signature issue. At the same time, Trump’s escalating tariffs on imports from China have been a major reason behind factory weakness that threatens to spread to consumer spending, which accounts for about two-thirds of the world’s largest economy.

In the U.S. stock market, the ISM numbers torpedoed a morning rebound and left the S&P 500 poised for its worst loss in seven sessions, down as much as 1.2% to erase almost half of last week’s rally. The 10-year Treasury yield and the dollar fell.

Traders of fed funds futures boosted the amount of easing they expect from the U.S. central bank this year, following a July 31 quarter-point cut that was the first since 2008. For the next Fed decision on Sept. 18, investors increased bets on a half-point reduction but continued to lean toward a quarter-point cut.

“This piece of data is part of the puzzle that helps to push us into recession,” said Quincy Krosby, chief market strategist at Prudential Financial Inc. “The ramifications of the trade war show up in the euro zone, in Asia and now in the U.S. If the deterioration in the U.S. continues, it’s going to feed into the overall labor market.”

What Bloomberg’s Economists Say

“To be sure, economic anxiety related to tariffs and increasing trade tensions is extracting a significant toll on business confidence. However, there was limited direct evidence of tariffs creating upward price pressures or materials shortages in the details of the report. As such, the second-order impacts from the tariffs (i.e. confidence effects and currency appreciation) appear to be having the more substantial impact.”-- Carl Riccadonna, chief U.S. economist

Although manufacturing only makes up about 11% of the U.S. economy, there are concerns that entrenched weakness -- and any layoffs that may result -- could filter through to the rest of the economy and endanger the record-long expansion.

Transportation equipment was one of seven industries in the ISM report to report shrinking business activity last month. Automakers, which report their August sales on Wednesday, account for some of the slowdown. General Motors Co. has ceased production this year at a car plant in Ohio and transmission factory in Michigan, two of the four U.S. sites that it has said aren’t being allocated future product. Other automakers are reducing production shifts, including Nissan Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co.

Weakness in the automotive and electronics markets is also impacting 3M Co.’s bottom line. Sales and profit at the diversified manufacturer fell in the second quarter even as earnings topped expectations. At Caterpillar Inc., a slowdown in crude extraction from the Permian Basin, the largest U.S. oil patch, is reducing demand for machinery. What’s more, the equipment maker’s worldwide machine sales in June and July were up 4%, the slowest in two years.

Manufacturing is technically already in a recession in the U.S. with a Fed measure of output declining in two consecutive quarters. The malaise is consistent with developments in the sector around the world. By one measure, global factory activity has contracted for four straight months.

The ISM’s measure of new orders, which are tracked by some as a leading indicator of a downturn, declined to 47.2. It was the first time since December 2015 that the gauge fell below 50. ISM’s production gauge also sank below that mark, to 49.5 in August from 50.8.

Nothing you posted suggests that "he screwed up the whole economy!".

That said, I agree. Trade war bad. Trump needs to Drop it.

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

96,000 jobs? What did you guys say about Obama when he only added 200,000 jobs in a month? You said it wasn't good enough. Well, what do you say now hypocrites?

Still a better economy than Obama ever had. It sounds like you hope the economy does badly so Trump does not get re-elected-is that true?

It's Obama's economy before Trump trashed trade and blew out the budget deficits and government debt.

The fate of the economy is in Trump's hands and I hope he gets run outta town beause my personal wealth is adversely affected by a bad US economy.