Trump Effect: U.S. Economy Added 256,000 Jobs In December, Unemployment Rate Fell

Mortgages are mostly responsive to the 10 year treasury rate, less the fed prime rate.

The 10 year treasury rate is not coming down because everyone expect Trump’s policies to cause inflation.
I expect it will be the (I say justified) excuse needed for two reconciliation packages instead of one large one.....Tax cuts in the second one.....Biden's inflation is just too sticky.
 
I expect it will be the (I say justified) excuse needed for two reconciliation packages instead of one large one.....Tax cuts in the second one.....Biden's inflation is just too sticky.
Inflation came down. The only reason the 10 year treasury rate is high is because people fear Trump’s inflation.

Tax cuts are inflationary. So are a lot of Trump’s policies.

The people with money know this.
 
Inflation came down. The only reason the 10 year treasury rate is high is because people fear Trump’s inflation.

Tax cuts are inflationary. So are a lot of Trump’s policies.

The people with money know this.
Thank goodness you were not my retirement planner.
 
"Trump Effect: U.S. Economy Added 256,000 Jobs In December, Unemployment Rate Fell
Employers in the United States added 256,000 workers to their payrolls in November, the Department of Labor said Friday, and the unemployment rate declined to 4.1 percent.

Economists had been expecting 153,000 jobs and an unemployment rate unchanged at 4.2 percent. The prior month’s jobs figure was revised down to 212,000 from 227,000.

Most of the job creation in December came from the private sector, which added 223,000 workers. Economists had forecast just 130,000 private sector jobs.

The figures are seasonally adjusted."





As predicted, a Trump victory is a shot in the arm for the US economy. Democrats are going to be so sad over America's recovery from four years of Bidenomics.
That's like when Trump tried taking credit for Obama's Veterans stuff :auiqs.jpg::auiqs.jpg::auiqs.jpg:
 
Sorry, that Trump election bump...is almost gone. :)
Here we go again. A Democrat again leaves Trump in a good economic climate (as Obama did in 2017)...not as great as the first time, but still pretty good given the state of things when Trump left in 2021.

Who wants to take bets on how long it takes Skippy to **** things up? :auiqs.jpg:
Love your 'logic' here. 0bama gets credit for the economy when Trump went in, that Trump markedly improved, Yet. Trump doesn't get credit for the great economy he passed on to Biden. The economy is worse now than when Biden took over, but somehow Biden gets credit for a 'good' economy' now? Huh?
 
Love your 'logic' here. 0bama gets credit for the economy when Trump went in, that Trump markedly improved, Yet. Trump doesn't get credit for the great economy he passed on to Biden. The economy is worse now than when Biden took over, but somehow Biden gets credit for a 'good' economy' now? Huh?
Problem being… Trump DIDN’T “pass on a great economy” idiot.

He passed on an economy that was still struggling with the worst pandemic in a hundred years
 
"Trump Effect: U.S. Economy Added 256,000 Jobs In December, Unemployment Rate Fell
Employers in the United States added 256,000 workers to their payrolls in November, the Department of Labor said Friday, and the unemployment rate declined to 4.1 percent.

Economists had been expecting 153,000 jobs and an unemployment rate unchanged at 4.2 percent. The prior month’s jobs figure was revised down to 212,000 from 227,000.

Most of the job creation in December came from the private sector, which added 223,000 workers. Economists had forecast just 130,000 private sector jobs.

The figures are seasonally adjusted."





As predicted, a Trump victory is a shot in the arm for the US economy. Democrats are going to be so sad over America's recovery from four years of Bidenomics.
Too bad the fat blob was not president...
 
Love your 'logic' here. 0bama gets credit for the economy when Trump went in, that Trump markedly improved, Yet. Trump doesn't get credit for the great economy he passed on to Biden. The economy is worse now than when Biden took over, but somehow Biden gets credit for a 'good' economy' now? Huh?
The economy tanked in 2020.
 
The economy tanked in 2020.
Stock market was at an all time high when Trump left office in 2021. Inflation rate was a modest 1.2% in 2020. The son of a ***** Biden took it to stratospheric heights in 2021.
 
Problem being… Trump DIDN’T “pass on a great economy” idiot.

He passed on an economy that was still struggling with the worst pandemic in a hundred years
Stock market was at an all time high when Trump left office in 2021. Inflation rate was a modest 1.2% in 2020. The son of a ***** Biden took it to stratospheric heights in 2021.
 
Stock market was at an all time high when Trump left office in 2021. Inflation rate was modest in 2020. The son of a ***** Biden took it to stratospheric heights.
All it took was running the printing presses day and night and injecting trillions of dollars into the economy in 2020.

We paid the price with the inflation that came later.
 
Stock market was at an all time high when Trump left office in 2021. Inflation rate was modest in 2020. The son of a ***** Biden took it to stratospheric heights.
On Jan 21,2021 the Dow Jones was at 31,188.38

Dow Jones Price From Jan 20 2020 To Jan 20 2024​

1738247070873.webp
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The closing price for the Dow Jones Industrial Average (DJI) between January 20, 2020 and January 20, 2024 was $37,863.80, on January 19, 2024.
 
Stock market was at an all time high when Trump left office in 2021. Inflation rate was a modest 1.2% in 2020. The son of a ***** Biden took it to stratospheric heights in 2021.
The country was just short of closed down when Trump left office.

Stop trying to gas light ya ******* idiot
 
The country was just short of closed down when Trump left office.

Stop trying to gas light ya ******* idiot
Democrats were the ones who closed it down in NY and CA. Couple that with the son of a ***** Biden who paid people to stay home and smoke pot for well over a year. That's what gave us the stratospheric inflation.
 
15th post
Yes. An all time high at that point. Thank you for illustrating my point with your graph.
Historically, the United States Stock Market Index reached an all time high of 6099.97 in December of 2024. United States Stock Market Index - data, forecasts, historical chart - was last updated on January 22 of 2025.

United States Stock Market Index - Chart - Historical Data - News​

 
Democrats were the ones who closed it down in NY and CA. Couple that with the son of a ***** Biden who paid people to stay home and smoke pot for well over a year. That's what gave us the stratospheric inflation.
I only gotz da free monies from Trump. Checks with his name written on them, what a novelty.
 
Democrats were the ones who closed it down in NY and CA. Couple that with the son of a ***** Biden who paid people to stay home and smoke pot for well over a year. That's what gave us the stratospheric inflation.
Just stop. Your lame attempts at trying to change history as failing
 
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