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Old 01-05-2018, 08:32 AM
 
Location: Phoenix, AZ
15,154 posts, read 11,632,034 times
Reputation: 8625

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Quote:
Originally Posted by James Bond 007 View Post
But ... but ... I thought the economy was supposed to BOOM under Trump!

Job growth slows to a six-year low in Trump’s first year

If this is true, then why are you complaining? You sound quite pleased with this so called info..I mean, isn't that the goal of leftists? The entire destruction of America is a small price to pay as long as it makes Trump look bad? its pretty sad when you wish for such things...
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Old 01-05-2018, 08:32 AM
 
Location: Phoenix
30,394 posts, read 19,191,759 times
Reputation: 26297
Quote:
Originally Posted by James Bond 007 View Post
Then why is it worse when we have both a republican congress and president? You're almost admitting that divided power produces the best results.
Divided power does produce better results. Nothing better than government gridlock for the economy.
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Old 01-05-2018, 08:32 AM
 
3,346 posts, read 1,270,555 times
Reputation: 3174
Quote:
Originally Posted by Wapasha View Post
During the eight years of the 0bama presidency, part-time employment remained historically high, and economic growth remained historically low, what is so difficult to understand about that? This is not some Jedi mind trick, it's a fact.
We went from losing 750,000 jobs a month under Bush to gaining millions a year under Obama.
This is not some Jedi mind trick, it's a fact!
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Old 01-05-2018, 08:34 AM
 
Location: Alameda, CA
7,605 posts, read 4,849,003 times
Reputation: 1438
Quote:
Originally Posted by Wapasha View Post
During the eight years of the 0bama presidency, part-time employment remained historically high, and economic growth remained historically low, what is so difficult to understand about that? This is not some Jedi mind trick, it's a fact.
Number of part time workers for economic reasons in of December. Number in millions of workers.

Dec 08 8.0
Dec 09 9.0
Dec 10 8.9
Dec 11 8.1
Dec 12 7.9
Dec 13 7.8
Dec 14 6.8
Dec 15 6.0
Dec 16 5.5
Dec 17 4.9
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Old 01-05-2018, 08:38 AM
 
Location: Kansas City, MISSOURI
20,872 posts, read 9,554,916 times
Reputation: 15598
Quote:
Originally Posted by Tall Traveler View Post
Divided power does produce better results. Nothing better than government gridlock for the economy.
To a some extent I actually agree. But that also goes to show that the tax cuts or stimulus of any kind will have little to no effect, since doing nothing seems to produce an optimal result! The fanboys of the tax cuts are going to be sorely disappointed when, after some time, they have no apparent effect.
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Old 01-05-2018, 08:38 AM
 
Location: Wisconsin
37,981 posts, read 22,172,656 times
Reputation: 13811
Quote:
Originally Posted by James Bond 007 View Post
I already responded to you.
Responded with silliness.

Besides cutting thousands of federal regulations, and giving people a more positive economic outlook, what has Trump been able to do in his first year of office, to affect the economy? He did sign a new tax bill, but it has barely gone into effect yet.

Even 0bama was not able to pass the ACA his first year in office, and he had a super majority in Congress. Trump has 51 Republicans, hardly the 60 vote majority that 0bama enjoyed.

For better or worse, US job growth is measured by the U3 unemployment figure. The U3 was 4.8% when Trump took office, it is now at 4.1%. As more and more people become employed, fewer and fewer people will be out of work, which translates to fewer people looking for work.

Apparently, unemployment can drop to 1.1% under Trump, and you'd still complain that not as many people are looking for work, as there were when unemployment was at 8%.
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Old 01-05-2018, 08:39 AM
 
693 posts, read 357,636 times
Reputation: 395
Quote:
Originally Posted by Wapasha View Post
During the eight years of the 0bama presidency, part-time employment remained historically high, and economic growth remained historically low, what is so difficult to understand about that? This is not some Jedi mind trick, it's a fact.

Don't lie. There was indeed economic growth under Obama, with several times (8x in quarterly periods, not yearly) the GDP hitting 3%.
When Obama took office, the GDP was in the NEGATIVES. If there was no growth, we'd still be at around those low numbers.
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Old 01-05-2018, 08:41 AM
 
Location: Kansas City, MISSOURI
20,872 posts, read 9,554,916 times
Reputation: 15598
Quote:
Originally Posted by ELOrocks17 View Post
If this is true, then why are you complaining? You sound quite pleased with this so called info..I mean, isn't that the goal of leftists? The entire destruction of America is a small price to pay as long as it makes Trump look bad? its pretty sad when you wish for such things...
Please read post #40, which explains my position on the whole matter. It has nothing to do with cheering or not cheering the news, it has everything to do with the ridiculous predictions and expecations of Trump and his fans. I am not cheering the news, I am cheering the Trump fans and their predictions looking stupid.
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Old 01-05-2018, 08:42 AM
 
Location: Alameda, CA
7,605 posts, read 4,849,003 times
Reputation: 1438
Quote:
Originally Posted by Wapasha View Post
Responded with silliness.

Besides cutting thousands of federal regulations, and giving people a more positive economic outlook, what has Trump been able to do in his first year of office, to affect the economy? He did sign a new tax bill, but it has barely gone into effect yet.

Even 0bama was not able to pass the ACA his first year in office, and he had a super majority in Congress. Trump has 51 Republicans, hardly the 60 vote majority that 0bama enjoyed.

For better or worse, US job growth is measured by the U3 unemployment figure. The U3 was 4.8% when Trump took office, it is now at 4.1%. As more and more people become employed, fewer and fewer people will be out of work, which translates to fewer people looking for work.

Apparently, unemployment can drop to 1.1% under Trump, and you'd still complain that not as many people are looking for work, as there were when unemployment was at 8%.
Democrats had a super majority for like 6 weeks.
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Old 01-05-2018, 08:45 AM
 
Location: Wisconsin
37,981 posts, read 22,172,656 times
Reputation: 13811
Quote:
Originally Posted by James Bond 007 View Post
To a some extent I actually agree. But that also goes to show that the tax cuts or stimulus of any kind will have little to no effect, since doing nothing seems to produce an optimal result! The fanboys of the tax cuts are going to be sorely disappointed when, after some time, they have no apparent effect.
Because of this new tax bill the President signed, German investors will invest billions more dollars into US businesses. Doesn't it stand to reason that with billions of new dollars coming into the USA, that this might translate into a positive economic impact, as in new jobs, better paying jobs, and maybe more full-time jobs?

Germans Fear Tax Cut Will Spur US Investment and Growth

German investment in the US is expected to rise by €39 billion because of lower US corporate taxes.
While Americans are anxiously awaiting full details of the tax bill now being finalized in Congress, German economists are warning that the changes sought by President Donald Trump mean that significant amounts of new investment and jobs will shift from Europe to the United States.

“The tax competition will have a new dimension,” said Christoph Spengel, chairman of the corporate tax department at the University of Mannheim. Mr. Spengel, who is also a research associate at the Center for European Economic Research, and a group of tax experts at the university have done a detailed comparison of the two countries’ tax systems and published a report under the heading, “Germany loses out in US tax reform.”
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