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Who is Trump's "base"? People who always vote Republican (about 30% - and similar to the 30% who always vote Democrat) or people who will vote for Trump because the Democratic front-runners are all worse?
Trump's base are those that are gaga over Trump the demagogue as opposed to voting for him because you are a Republican and Trump was the Republican candidate.
You can pick any point in our history when we were thought to have a great economy and somebody will be able to find things about that economy that sucked. Everything is not always good, ever. I do know that everyone i know who actually wants a job is employed. Some have even been able to switch jobs at will for the last couple of years since jobs are there to be had. Now some of those only work 32 hrs a week, not because the hours are not there to work 40 but because of the requirement to provide health insurance at that point.
Ironically that requirement is forcing people who would be working 40 hrs a week without insurance to work 32 hrs a week without insurance. Even with that if there is enough need for workers which cannot be filled companies will have to start giving benefits again. People forget Companies didn't give benefits to be nice back in the day they did so to attract and keep good workers. No Government push involved.
Ironically that requirement is forcing people who would be working 40 hrs a week without insurance to work 32 hrs a week without insurance. Even with that if there is enough need for workers which cannot be filled companies will have to start giving benefits again. People forget Companies didn't give benefits to be nice back in the day they did so to attract and keep good workers. No Government push involved.
This is why unemployment shouldn't get below 4%. When it does, workers have the upper hand and make more demands on pay and benefits. Companies have to give in which lowers their profits and dampens the economy. And since workers are making more money, they are willing to pay more for goods which makes inflation rise. Too low of unemployment ends up back-firing. This is why the Fed is cautious about over-stimulating the economy.
You can pick any point in our history when we were thought to have a great economy and somebody will be able to find things about that economy that sucked. Everything is not always good, ever. I do know that everyone i know who actually wants a job is employed. Some have even been able to switch jobs at will for the last couple of years since jobs are there to be had. Now some of those only work 32 hrs a week, not because the hours are not there to work 40 but because of the requirement to provide health insurance at that point.
Ironically that requirement is forcing people who would be working 40 hrs a week without insurance to work 32 hrs a week without insurance. Even with that if there is enough need for workers which cannot be filled companies will have to start giving benefits again. People forget Companies didn't give benefits to be nice back in the day they did so to attract and keep good workers. No Government push involved.
I am happy to hear that you know folks who are in a good place career wise. But the reality is, today's economy requires some people to work multiple jobs to make ends meet whereas not too long ago, people could earn a decent living working just one full time position.
The reality remains that the labor force participation rate is lower today than it was during the recession and prior to the recession. The reality remains that wage growth for most Americans has been stagnant. Also, the rate of job creation has slowed in 2019.
You bring up the insurance mandate. Donald Trump had two years with a Republican Congress to repeal the employer mandate, and he failed to do so.
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Originally Posted by TwoByFour
This is why unemployment shouldn't get below 4%. When it does, workers have the upper hand and make more demands on pay and benefits. Companies have to give in which lowers their profits and dampens the economy. And since workers are making more money, they are willing to pay more for goods which makes inflation rise. Too low of unemployment ends up back-firing. This is why the Fed is cautious about over-stimulating the economy.
The official unemployment rate reported doesn't include those who are working part time for economic reasons and those who have given up looking for work. The U6 rate, which years ago was the official unemployment rate, takes into consideration these factors for those who work part time for economic reasons or gave up looking for work up to one year. The U6 rate today is 6.90%. That's a long way from 4% and doesn't even include the long term underemployed and unemployed.
As to the Federal Reserve, how is keeping the funds rate below 3% for over a decade not over stimulating?
Not only has the Federal Reserve kept interest rates artificially low for over a decade, they've completed three rounds of quantitative easing and have now increased it's balanced sheet in a fourth unofficial round over the past few weeks. Quantitative easing is a fancy way of saying inflation. So the Federal Reserve is creating inflation, not people earning too much. In fact, the problem is that people are spending too much and earning too little.
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Originally Posted by Myghost
What I want to know is how do they explain all of his obvious lies?
Something crazy with the real estate/housing market around my area, not many people buying houses right now, but at the same time, we have like 500K 'custom home builders',all of which are busy as can be, throwing up new subdivisions left and right!! Maybe they need to step back, start having their crews work 3 day work weeks instead of 5.
It kind of reminds me of Coke and Pepsi delivery drivers, they come in usually once or twice per week to deliver to our stores, now they are talking about coming MORE...but Ive had to tell the driver the last few times, we DO NOT need half the stuff you deliver...but it always seems like they want to cram as much as possible on us, its like they dont realize we arent selling THAT much of their product!?
When Joe Sixpack turns on his tv everyday he is bombarded with stories about how the economy is about to collapse.
I’ve got to be honest here, even as a Trump supporter, the constant lies from the media are so pervasive and persistent that they eventually cause you to start almost believing them. Manipulation is a real thing and you have to be determined to not fall victim to it.
Most people are not smart enough or independent enough to not fall for it.
Then, they stop buying goods and services out of fear.
Guess what happens next?
But you buy into Trumps lies and manipulation. Why is that?
When Joe Sixpack turns on his tv everyday he is bombarded with stories about how the economy is about to collapse.
I’ve got to be honest here, even as a Trump supporter, the constant lies from the media are so pervasive and persistent that they eventually cause you to start almost believing them. Manipulation is a real thing and you have to be determined to not fall victim to it.
Most people are not smart enough or independent enough to not fall for it.
Then, they stop buying goods and services out of fear.
His supporters don't care about anything bad he does and many do not know all of the bad things he does because they don't watch any news that reports it. Which is why he still has close to 90% approval in the Republican party. Some know and don't care espcially the rich who are saving millions or billions on taxes. They don't care about what he does they just like what he says at rallis and how he makes them feel, it's about feeling not actions.
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