Only 20,000 Jobs Added in Feb. (state, claim, income, million)

[DoniDanko]

Originally Posted by EDnurse

That’s rather a rather childish view devoid of all logic.

Oh, btw, Trump IS a career politician as he’s always been a crook like the rest of them.

It's a veiw based on facts. You see it on display in the mainstream media, Liberal politicians, by liberals on this forum, on social media, and from what I've personally seen my daily life.

What is devoid of all logic is you claiming a man 72 year old man who has only held a political position for almost 3 years is a career politician...

[craigiri]

Originally Posted by BajanYankee

That's a circle they've had an awfully difficult time squaring. Along with the fact that..

Educated voters lean Democratic and highly educated voters even more so.

Blue states contribute more in tax revenues than Red states.

The Special Counsel investigation was started by a Trump appointee.

75% plus of Venture Capital in the USA - CA, NY and MA.

Kind of says it all.

[TKO]

Originally Posted by DoniDanko

No, I think they hate Trump and wish for him to fail even if the US is hurt in the long run. Of Trump succeeds at anything, there's less of a chance Liberals will be able to get him out of office. Less of a chance career politicians keep their power and position...

You'd be wrong. We want to minimize the damage he's clearly and undeniably doing. And we have to ignore the clown Corp on the right who think he walks on water.

[craigiri]

Just about all forecasts are getting lower and lower.

Just imagine all the people who hoped to make even the norm (8%) or a minimum (6% or 5%) making only 2 or 3!

"Jeremy Grantham, an investor credited with predicting the 2000 and 2008 downturns, told CNBC on Thursday that investors should get inured to lackluster returns in the stock market for the next two decades, after a century of handsome gains.

“In the last 100 years, we’re used to delivering perhaps 6%,” but the U.S. market will be delivering real returns of about 2% or 3% on average over next 20 years, the value investor and co-founder of Boston-based asset manager GMO told CNBC in a rare interview."

I guess it's time to for me to buy more dividend paying stocks and REITS and T-Bills.

[ditchoc]

Stores closing this year

Sears and Kmart – 78 stores.
Toys R Us – 735 stores.
Starbucks – 150 stores closing in 2019.
H&R Block – 400 locations.
Kroger – 14 stores.
Lord & Taylor – Up to 10 stores.
Subway – 500 restaurants.
Bon-Ton – 256 stores
Payless - 800 stores
Gymboree - 800 stores
Ascena - 250 stores

Gap, J.C. Penney, and Victoria’s Secret announced they would be closing more than 300 stores combined.

I hate to guess how many jobs that is that will be lost.

Many of these stores prime source of merchandise was China which is also having issues with it its economy.

I can't help but wonder how much Trumps tariff war has to do with this and if the result is possibly a world wide recession.

[Fleet]

Originally Posted by Ponderosa

Then the GOP put a supercharger on it in the form of a tax cut for the rich and took off at high speed without checking the tires. Result: ???

Once again (and I am getting tired of repeating this), it was a tax cut for 80% of tax payers, not just for "the rich."

[EDnurse]

Originally Posted by DoniDanko

No, I think they hate Trump and wish for him to fail even if the US is hurt in the long run. Of Trump succeeds at anything, there's less of a chance Liberals will be able to get him out of office. Less of a chance career politicians keep their power and position...

Originally Posted by Rakin

Yeah we do. Most people make themselves more valuable and go get better jobs.

Those MW McJobs are for teens and others just starting out like you and I did when we were 16.

Raising that wage causes wage inflation.

Hmm

I’m seeing more and more older adults working retail. They’re the ones helping out customers while the young ones are doing the bare minimum.

Inflation can also be caused by tax cuts...but the Fed is at the ready with interest rate increases.

[greywar]

Originally Posted by Fleet

Once again (and I am getting tired of repeating this), it was a tax cut for 80% of tax payers, not just for "the rich."

When the majority of that 80% got a trivial amount.....and watched the national debt go up by thousands per taxpayer....and the richest 1% got breaks of far far more.....


At best you can argue that they put their tax benefit on the credit card. IE Heres $50 extra in your pocket....and another $900 in debt. While the richest were handed millions extra.

[EDnurse]

Originally Posted by Fleet

Once again (and I am getting tired of repeating this), it was a tax cut for 80% of tax payers, not just for "the rich."

Please don’t regurgitate the party line. A lot of us know better and won’t buy it.

I know way too many people who did just about the same as previous years and some had to pay more.

[GotHereQuickAsICould]

Originally Posted by Fleet

Once again (and I am getting tired of repeating this), it was a tax cut for 80% of tax payers, not just for "the rich."

If you are tired of repeating this lie, you could always stop.

Corporations and the wealthy got huge and permanent tax cuts.

Others got small, temporary tax cuts, and not everyone got those. Depends on how your deductions worked out under the new rules.

Republicans claimed the tax cuts would pay for themselves by way of economic growth. Seems that was unrealistic. Trickle down still doesn't work. What a surprise.