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Old 03-06-2020, 06:51 AM
 
Location: Sonoran Desert
39,107 posts, read 51,328,001 times
Reputation: 28356

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Quote:
Originally Posted by MJJersey View Post
Great new job growth report out today! The economy is booming big time. The stock market hit is mostly due to falling travel and international related stocks due to coronavirus. Some is die to speculation based on the terrible DNC candidates.
Good number. Maybe fake, but irrelevant in light of recent developments in the global pandemic. You see what is going on in WA? Round trip flights to Seattle from Phoenix are 77 bucks - round trip! Nobody wants to go there, everybody there is in hiding. In a couple weeks it will be the same all over the US. It will be months before the economy recovers assuming the virus lets up and that is anyone's guess right now.

 
Old 03-06-2020, 06:54 AM
 
Location: New Jersey
16,912 posts, read 10,617,763 times
Reputation: 16440
Quote:
Originally Posted by jbtornado View Post
Facts and evidence? Its basically Biden now who's a known centrist.. Own the fact TRUMP is a terrible president!
No, Trump is a great president. The facts and evidence are in the jobs report and soaring market just before coronavirus and the Dem primaries.
 
Old 03-06-2020, 06:55 AM
 
1,881 posts, read 1,013,464 times
Reputation: 1551
I remember in 2000 and 2008 right before those bubbles popped that hirings were still going on in decent numbers even during the market slowdown.. The jobs will quickly be slowing in the next few months and layoffs will likely rise and when the economy turns around again the job numbers will lag.. This is very normal.. But the trumpies have to milk anything they see as they are getting more and more desperate now..
 
Old 03-06-2020, 06:56 AM
 
1,881 posts, read 1,013,464 times
Reputation: 1551
Quote:
Originally Posted by MJJersey View Post
No, Trump is a great president. The facts and evidence are in the jobs report and soaring market just before coronavirus and the Dem primaries.
Its called a bubble and stock buybacks... Again you won't take responsibility but will blame a Democrat not even in power on something
 
Old 03-06-2020, 06:57 AM
 
Location: the very edge of the continent
89,257 posts, read 44,992,944 times
Reputation: 13766
Quote:
Originally Posted by MJJersey View Post
Great new job growth report out today! The economy is booming big time. The stock market hit is mostly due to falling travel and international related stocks due to coronavirus. Some is die to speculation based on the terrible DNC candidates.
Yep. The tourism-related sector is taking a brutal beating (who wants to be trapped on a cruise ship with coronavirus-infected people for weeks on end?), and some corporations are having to regroup and totally revamp their supply chain to a more local non-compromised source in a relatively short period of time, which incurs costs but also provides new economic opportunities.

The huge jobs growth number is a very welcome sign!
 
Old 03-06-2020, 07:32 AM
 
Location: Sonoran Desert
39,107 posts, read 51,328,001 times
Reputation: 28356
Quote:
Originally Posted by InformedConsent View Post
Yep. The tourism-related sector is taking a brutal beating (who wants to be trapped on a cruise ship with coronavirus-infected people for weeks on end?), and some corporations are having to regroup and totally revamp their supply chain to a more local non-compromised source in a relatively short period of time, which incurs costs but also provides new economic opportunities.

The huge jobs growth number is a very welcome sign!
It's tourism right now but in a week or two it will be anything face to face and that is a huge part of the economy of the US. It is going to hit and hit hard and that is too bad, but it is going to happen. Plan accordingly.
 
Old 03-06-2020, 07:37 AM
 
11,404 posts, read 4,098,895 times
Reputation: 7852
You notice how the Trump supporters disappear or have excuses when the market is down one day, and then come out from their hiding places when the economy is back up the next day? Can't take credit for the good if you don't also own the bad.

The real answer here is that Trump has little influence over the stock market, and the instability and daily up & down caused by coronavirus is out of Trump's control. But Trump supporters disappeared when the market first crashed, but then they come back for the days when it bouncing back.

Most Trump supporters are dishonest people, which is unfortunate.
 
Old 03-06-2020, 07:44 AM
 
Location: Long Island
8,840 posts, read 4,815,897 times
Reputation: 6479
My company is canceling events left and right, even domestically. My son's school has also canceled all upcoming trips. I feel so badly for the kids who were looking forward to them. Tough times for the travel and hospitality industries.
 
Old 03-06-2020, 07:49 AM
 
Location: alexandria, VA
16,352 posts, read 8,116,424 times
Reputation: 9726
Quote:
Originally Posted by MJJersey View Post
Great new job growth report out today! The economy is booming big time. The stock market hit is mostly due to falling travel and international related stocks due to coronavirus. Some is die to speculation based on the terrible DNC candidates.
Absurd.
 
Old 03-06-2020, 07:54 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,366,393 times
Reputation: 7627
Quote:
Originally Posted by MJJersey View Post
No, Trump is a great president. The facts and evidence are in the jobs report and soaring market just before coronavirus and the Dem primaries.
Um, the jobs reports are fake remember? Trump said so himself many, many times before he became President - and so did many Rightwing folks on this very board.

https://www.washingtonpost.com/news/...him-look-good/

Ken
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