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Old 12-08-2017, 09:15 AM
 
6,785 posts, read 1,706,562 times
Reputation: 3960

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Quote:
Originally Posted by Enigma777 View Post
Did you even read the article?

The point was we don't need the tax cuts and donor gifts that Trump is handing out.

He's jacking up the deficit for no reason.

"....painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing...
A big part of the optimism by business and wall street is because of the assumption of future tax cuts. You have to be proactive. Just to say things are good now so lets do nothing is foolish.

I am not a Trump voter but that is just common sense.

Business is not the enemy nor should it be the fed's ATM.
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Old 12-08-2017, 09:16 AM
 
Location: Kansas City, MISSOURI
8,844 posts, read 2,629,435 times
Reputation: 6767
Quote:
Originally Posted by Winterfall8324 View Post
...Now manufacturing and wages are exploding with back to back 3% + growth...
I just found a chart showing wages:
https://www.marketwatch.com/story/wa...ort-2017-12-08

Image of relevance is the one entitled "Average Hourly Earnings of All Employees: Total Private"

Notice it is showing some deceleration since the beginning of the year.
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Old 12-08-2017, 09:18 AM
 
3,509 posts, read 3,012,057 times
Reputation: 3436
Quote:
Originally Posted by Winterfall8324 View Post
What, 31k manufacturing jobs have been added, doesn’t that make you proud as an American?
Can you cite the actual breakdown by industry of these "manufacturing jobs?" Most of the job openings that I see locally are in the service sector.
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Old 12-08-2017, 09:19 AM
 
Location: Boston
7,418 posts, read 2,158,702 times
Reputation: 5256
Quote:
Originally Posted by James Bond 007 View Post
BREAKING NEWS TO TRUMP CULTISTS: Through November, average jobs added per month are 174,182.

That is the lowest since 2010's 88,417.


Data is here: https://data.bls.gov/timeseries/CES0..._view=net_1mth
You can download the spreadsheet and calculate the numbers yourself if you don't believe me.
that because unemployment is 3% duh
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Old 12-08-2017, 09:21 AM
 
Location: Boston
7,418 posts, read 2,158,702 times
Reputation: 5256
Quote:
Originally Posted by James Bond 007 View Post
BREAKING NEWS TO TRUMP CULTISTS: Through November, average jobs added per month are 174,182.

That is the lowest since 2010's 88,417.


Data is here: https://data.bls.gov/timeseries/CES0..._view=net_1mth
You can download the spreadsheet and calculate the numbers yourself if you don't believe me.
that because unemployment is less than 4% now... duh
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Old 12-08-2017, 09:21 AM
 
18,042 posts, read 10,254,953 times
Reputation: 13143
Quote:
Originally Posted by Winterfall8324 View Post
What, 31k manufacturing jobs have been added, doesn’t that make you proud as an American?
Big pride....best pride.......yuuuge pride:

https://www.forbes.com/sites/laureng.../#7252bcbe713c

12 Companies Laying Off the Most Workers in 2017 - 24/7 Wall St.


The actual unemployment rate:
https://www.thebalance.com/what-is-t...t-rate-3306198

9.4%

Last edited by BruSan; 12-08-2017 at 09:30 AM..
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Old 12-08-2017, 09:21 AM
 
15,253 posts, read 7,778,295 times
Reputation: 7899
I'm always routing for a good economy.

However, I'll note, as did the article - what is the basis for the corporate tax rates being decreased so much if everything is so great....

Like the old Arsenio comment...

Things that make you go hmmmmmm......
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Old 12-08-2017, 09:26 AM
 
Location: Kansas City, MISSOURI
8,844 posts, read 2,629,435 times
Reputation: 6767
Quote:
Originally Posted by skeddy View Post
that because unemployment is less than 4% now... duh
The unemployment rate is 4.1%.

And it is true you're not going to get big payroll gains when there are so few workers left who are unemployed, the OP's thread title was "JOBS and MANUFACTURING EXPLOSION" which is misleading since the "jobs" part of the title is hardly "exploding".
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Old 12-08-2017, 09:28 AM
 
Location: Charlotte NC
11,712 posts, read 9,322,537 times
Reputation: 5226
Quote:
Originally Posted by WilliamSmyth View Post
From the linked article.

Employment growth has averaged 174,000 jobs per month this year, down from the average monthly gain of 187,000 in 2016.

I don't want to see the economy fail; its great that we are at or near full employment. I do find it interesting how the current weaker jobs reports are now being praised when better results during Obama administration were criticized.
lmao.. these same folks would use those numbers to show Obama was a failure when he was in office. Now it's BOOM!!!
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Old 12-08-2017, 09:29 AM
Status: "Nothing" (set 15 days ago)
 
Location: Manchester NH
9,318 posts, read 2,558,649 times
Reputation: 2489
Quote:
Originally Posted by James Bond 007 View Post
The unemployment rate is 4.1%.

And it is true you're not going to get big payroll gains when there are so few workers left who are unemployed, the OP's thread title was "JOBS and MANUFACTURING EXPLOSION" which is misleading since the "jobs" part of the title is hardly "exploding".
287k jobs seems pretty impressive to me.
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