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Replies: 16
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CU Medallion [73569]
TigerPulse: 100%
Posts: 78044
Joined: 11/30/98
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Unemployment 3.7%!!!!!!
Oct 5, 2018, 8:41 AM
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I don't care who you are, you gotta give props. Lowest in almost 50 yrs.
MAGA!
3.2.1.......??
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Heisman Winner [137651]
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Joined: 10/22/00
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Just phenomenal.
Oct 5, 2018, 8:44 AM
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How'd he do it?
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CU Medallion [73569]
TigerPulse: 100%
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Joined: 11/30/98
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Since you asked
Oct 5, 2018, 8:50 AM
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Tax cuts for bidnesses
Getting rid of regulations
Using that magic wand Obama mentioned to bring back manufacturing jobs
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Legend [15730]
TigerPulse: 100%
Posts: 17364
Joined: 2/1/99
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The current job situation does make Obama’s “magic wand” comment
Oct 5, 2018, 9:08 AM
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look pretty embarrassing. As if Obama couldn’t imagine a scenario where this could be accomplished.
Again, like or hate Trump, you can point to key policy decisions of this administration as reasons that the job market is so good. What Obama policies can you point to?
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Oculus Spirit [97634]
TigerPulse: 100%
Posts: 64771
Joined: 7/13/02
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Watch for it. It's. Coming.
Oct 5, 2018, 9:31 AM
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Inflation.
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CU Medallion [73569]
TigerPulse: 100%
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there's a price to pay for increidble booming ecoomy
Oct 5, 2018, 10:04 AM
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I'd rather have inflation rather than 8% unemployment, no jobs, low GDP, etc....
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Oculus Spirit [80920]
TigerPulse: 100%
Posts: 56009
Joined: 9/13/04
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Will there be inflation if there is no increases in wages?
Oct 5, 2018, 10:09 AM
[ in reply to Watch for it. It's. Coming. ] |
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Because there is no appreciable increase in wages.
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All-In [31822]
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Joined: 11/22/03
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I think more details are needed for a full picture....
Oct 5, 2018, 9:03 AM
[ in reply to Just phenomenal. ] |
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- It's a valid point that we've been in a recovery since the peak of the economic crash in 2009/2010. (I would argue that recovery was way to slow and shallow due to poor policies, but that's another subject)
- The unemployment rate change since Trump assumed office is still dang impressive. All due to his policies? no In large part due to his policies? yeah, probably
- The labor participation rate fell steadily during Obama's term...buy about 3 pts...or 4.5%. Meaning that the reference point for the drop in unemployment is not in equiv terms...or better said, true unemployment was worse than was being reported. In contrast, the labor participation rate has remained effectively constant during Trump's term.
Bottom line IMO...like him or hate him...Trump and the Congressional GOP deserves a good bit of credit for the current economy.
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Legend [15492]
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Joined: 12/10/14
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Re: I think more details are needed for a full picture....
Oct 5, 2018, 5:48 PM
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I would agree that the GOP deserves a lot of credit. Remember, Trump made it clear that he would sign anything that came to his desk.
The trend is a trend, it will end and whomever it happens to end on will pay the political price.
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110%er [6101]
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Heisman Winner [137651]
TigerPulse: 100%
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Right, because regulations serve no purpose whatsoever,
Oct 5, 2018, 11:09 AM
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and we should remove all of them immediately.
Signed, 2008 Housing Bubble
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110%er [6101]
TigerPulse: 85%
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Joined: 11/1/11
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Re: Right, because regulations serve no purpose whatsoever,
Oct 5, 2018, 11:14 AM
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The chart shows "new" regulations, not regulations that were eliminated.
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All-In [31822]
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Heisman Winner [137651]
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Oh, I know, I was just going with the insinuation.
Oct 5, 2018, 12:12 PM
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Regulations are a hindrance on the economy. Except when they save it from itself. It's akin to thwarting a terrorist attack. Apprehend suspect with cargo truck full of explosives? Newsworthy. Suspect destroys entire building and kills 240 people? About a thousand times more newsworthy.
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Legend [15492]
TigerPulse: 100%
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Joined: 12/10/14
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Re: This sure helped...
Oct 5, 2018, 5:50 PM
[ in reply to This sure helped... ] |
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Lol, I like a chart that has no information on it.
Gee, look at the pretty columns...
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Legend [17999]
TigerPulse: 100%
Posts: 30143
Joined: 9/9/06
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96 straight months of adding jobs!***
Oct 5, 2018, 2:12 PM
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Oculus Spirit [93582]
TigerPulse: 100%
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Joined: 12/25/09
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That's because everyone is working two jobs.
Oct 5, 2018, 3:12 PM
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Dunce!
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