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Unemployment numbers reported today have risen beyond what people expected. The market has had a brutal September now that the sugar high of Trump's stock market has worn off with no more stimulus. Once again, Trump fails to understand the basic concept that you cannot fix the economy until you fix the spread of COVID. So what will Trump run now that the economy and his favorite talking point - the stock market - appear to be collapsing right before the election? He'll run on 200,000 deaths? What else does he have left at this point?
If it is weakening, and it really isn't, it is due to democrat Governors, and the Media instilling fear and continuing these idiot lock downs and draconian restrictions of business and travel.
Unemployment numbers reported today have risen beyond what people expected. The market has had a brutal September now that the sugar high of Trump's stock market has worn off with no more stimulus. Once again, Trump fails to understand the basic concept that you cannot fix the economy until you fix the spread of COVID. So what will Trump run now that the economy and his favorite talking point - the stock market - appear to be collapsing right before the election? He'll run on 200,000 deaths? What else does he have left at this point?
Trump has nothing to do with this. You , I and every other American are the ones responsible to stop the spread. And we are the ones that have gotten it to this point.
My wife works in Finance and is on pace to have one of the best years she's had in her 30 year career. Last year was a record for her, and so was the one before that. We both are worried though as we get closer to the election, things will become more volatile for sure. And if Biden wins...we will just cringe and hope for the best.
Unemployment numbers reported today have risen beyond what people expected. The market has had a brutal September now that the sugar high of Trump's stock market has worn off with no more stimulus. Once again, Trump fails to understand the basic concept that you cannot fix the economy until you fix the spread of COVID. So what will Trump run now that the economy and his favorite talking point - the stock market - appear to be collapsing right before the election? He'll run on 200,000 deaths? What else does he have left at this point?
Thank goodness!!! This is a great news for the democrats!
As long as they can take down Trump, who cares if millions of Americans are suffering. To hell with them.
Unemployment numbers reported today have risen beyond what people expected. The market has had a brutal September now that the sugar high of Trump's stock market has worn off with no more stimulus. Once again, Trump fails to understand the basic concept that you cannot fix the economy until you fix the spread of COVID. So what will Trump run now that the economy and his favorite talking point - the stock market - appear to be collapsing right before the election? He'll run on 200,000 deaths? What else does he have left at this point?
Same thing he does about all the other messes he has made: lie about it. The right wing media will not fact check him and his base will believe it.
The jobs report for September is still not in, and the one for August, unemployment fell 1.8% with 1.4 million new jobs created. Stock market? Not that concerned as I think it will rebound after Trump is re-elected. Spread of COVID 19? I think most people are over that now and realize that with the update on deaths being less than 10,000 actually having the CAUSE of COVID 19, the threat amounted to "crying wolf". Kids are back in school here, maybe 5 cases total in all the schools, and in-person classes seeing more and more students.
What does Trump have left: dropping unemployment, new job creation, much lower death count for COVID 19 since deaths had 2.5+ health conditions, and many were not even tested to see if they had COVID 19, only IF THEY MIGHT HAVE IT (to bring in additional funding through CARES $50,000 or Medicare 20% premium with testing maybe at best 30% accurate). As the facts the many things that Trump has accomplished during his 4 years as POTUS, a list to long to print here but widely available on the internet.
Add to that the incoherent Biden running against Trump, and the Dems supporting violence and promising that no matter what they will challenge the results of the election.
The economy is doing quite well all things considered.
After the election the blue states will open back up, and the economy will recover even quicker.
That of course assumes the President Trump is reelected.
In the unlikely event Biden wins, the economy will going back into recession.
The economy in October will be the key. I think a lot of furloughed workers may be permanent job loses. Universal Studios Florida is seeing a drop in attendance and had to furlough workers, despite reopening. Sports arenas, stadiums and music halls haven't had too many events, so people like me who work these events have less money. With a number of offices going work at home,, many businesses like 7-11's, coffee shops, etc. actually see some decrease in foot traffic during the morning rush. The question is when are the furloughed workers going to know it is permanent and how sustained it is.
Status:
"Smartened up and walked away!"
(set 29 days ago)
11,800 posts, read 5,801,446 times
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Quote:
Originally Posted by fibonacci
Where? In Trumplandia?
If it weren't for the Democratic govs keeping things locked down - there wouldn't be so much unemployment in places like NY State. Cuomo wants the Feds to pay for all his blunders - ain't gonna happen.
There are jobs all over the place in Western New York - up until now - people wouldn't take them because they were making more sitting on their butts. I personally know a person who worked 15 hrs a week part time - who made more on unemployment with the additional $600 a week who wouldn't even cosider taking another job and they didn't have to as the state isn't checking.
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