Economics Thread

sturg33 said:
I wouldnt count these chickens.

Unemployment is still 13%. And I think corporations are just beginning in layoffs.

Still better news than feared but our economy is not good right now... thanks for the anti science lockdowns
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Nobody woild say 13% is good but this is still with our biggest cities effectively closed.

Once they open up because there is no evidence to keep them closed the jobs numbers will be fantastic in June.
 
What this report does show is that additional stimulus is not needed. Let the markets take care of themselves as they always should.

Bring manufacturing from.china now back to North America. Find a way to restrict the largest corporations strangling small business.

We will be living in a 20 year economic boom the likes of which the world has never seen.
 
thethe said:
I'm guessing at least 5 regular posters on this board are upset with the may jobs report. Probabaly 10.
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Could you provide an example of anyone being mad about a good economy here? All I remember is bitching and moaning from you about Obama tremendously improving the economy after the Bush crash in 2008. Funny how Reagan had a economic crash at the end of his 2 terms. Clinton had a crash at the end of his 8 years. Bush had a crash at the end of his 2 terms. Trump had the biggest crash after only 3. But lets give the guy who brought us 10 years of economic boom a little credit and the guy who came along at the tail end the credit. If Obama ran through as much debt as Trump the economy would have been much better in the short term. Trumps defecit spending will outpace 8 years of Obama in 4 years.... but Trump is the conservative..
 
April numbers also revised downward so even better news.

Dems tried really hard to tank the economy.

**** them!!!
 
Lol you voted for Obama, but I am the leftist. Lol. Cant blame you for not wanting that piece of **** John McCain.



Dow Jones up 28% through 3 years for Trump. 62% for Obama. S&P 500 up 30% through 3 years of Trump and up 70% after 3 years of Obama. You wouldnt know that with the fake news you subscribe to.
 
There is also the matter of Trump being 30 trillion over budget. No one has ever seen debt spending like this and that was BEFORE the virus bailouts.
 
What is the point of paying taxes at this point? We've gone full MMT now as it is.

By the way, billionaires have increased the wealth by $568B this year. Dont ever let them tell you this is capitalism. Its not

[Tw]1268867918814679040[/tw]
 
Ragnarok Lobster
@eclecticbrotha

2.5 million jobs were not ADDED in May.

2.5 million jobs were RESTORED in May.
 
msstate7 said:
The expected report was much worse than the actual report. All Americans should be thrilled.

Do you think if a Democrat president was in office we would've avoided a shutdown/unemployment?
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I want to think they're just trolling. But you can't ever tell. TDS is a hell of an affliction.
 
msstate7 said:
The expected report was much worse than the actual report. All Americans should be thrilled.

Do you think if a Democrat president was in office we would've avoided a shutdown/unemployment?
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I think if a Democrat was President he would be held responsible for anything bad that happens because that's how it works. January 21sy 2021 all the Republicans on this board switch to everything is the Presidents fault. Let's see how that prediction works out.
 
MrShwag said:
I want to think they're just trolling. But you can't ever tell. TDS is a hell of an affliction.
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I am just holding Donny accountable to the standards he set when critisizing previous Presidents. Let me quote the impeached one "Leadership. Whatever happens, you are responsible. If it doesnt happen. You are responsible"



Keep it up though. I am going to spend the next 4 years using all your stupid talking points back on you when Biden wins. Me thinks your opinions will drastically change January 21st 2021.
 
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Whats going to happen come October when all markets are at new highs and unemployment is back under 5%?
 
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