Hiring by US businesses hits a record high

When you want to have a civil reasoned discussion let me know.

 

Since they are entitlements then, why on Earth am I not receiving my portion of my entitlement then. You know, since I paid my FICA tax out of my paycheck every month....

 

Learn to use the actual data - twice
And your chart is not previous 12 months average but quarter to quarter

Average previous 4 quarters

2009q4 -0.18%
2010q1 1.60%
2010q2 2.70%
2010q3 3.05%
2010q4 2.70%
2011q1 1.90%
2011q2 1.65%
2011q3 1.18%
2011q4 1.70%
2012q1 2.75%
2012q2 2.50%
2012q3 2.43%
2012q4 1.30%
2013q1 1.33%
2013q2 1.05%
2013q3 1.70%
2013q4 2.68%
2014q1 1.68%
2014q2 2.48%
2014q3 2.95%
2014q4 2.53%
2015q1 3.33%
2015q2 2.98%
2015q3 2.23%
2015q4 1.88%
2016q1 1.58%
2016q2 1.28%
2016q3 1.65%

 

Here is a different graph with the 3% line shown:
United States GDP Annual Growth Rate

As you can see there are 3 annual growth rates above 3% and one equal to 3% under Obama.

 

It is the ANNUAL rate quarter to quarter. IOW, the quarterly rate for the previous 4 quarters, and 4 quarters equal a full year.
United States GDP Annual Growth Rate

 

I asked 12 month period you are posting quarter to quarter, month to month is not necessarily quarter to quarter any more than year to year. That being said it appears to have occurred twice as I posted.

 

The national statistics look good on the surface, but the question is, who is benefiting from all these workers do? Are the jobs listed here providing a living wage? Or, are many of these new jobs part-time with no benefits for the workers themselves? No American has personal freedom if they have to work 2 or more jobs just to survive. Trump's economy is doing no one a favor other than the owners & CEOs if the jobs don't provide a living wage. I'm surprised American voters continue supporting any politician who continues working for big business, corporations & the super rich. Politicians who have been doing that for decades have led our country into the economic disparity we all live with now. I don't vote for those politicians anymore. I urge you to do the same.

 

That is just for that quarter not the previous twelve month period, I allowed previous 4 quarter numbers average and came up with two that hit or were over 3%.
And
"While Roskam’s claim is accurate when based on annual GDP growth figures between 2009 and 2016, there are other ways to look at the data, such as from one quarter to the same in the previous year. Doing so reveals economic growth has surpassed 3 percent during two periods of Obama’s presidency."
https://www.politifact.com/illinois/statements/2017/mar/16/peter-roskam/rep-roskam-gdp-growth-obama/

 

Well at least you admit you were wrong when you said Obama had no 12 month period of 3% GDP growth, even though it happened more times than you admit to.

 

Well there you go again. Your numbers compare 1 (ONE) quarter to 1 (ONE) quarter one year earlier. My ANNUAL chart compares ALL the previous 4 quarters for an ANNUAL rate by quarter.
United States GDP Annual Growth Rate

 

You should check into that. I get mine just like clockwork.

 

Nope... I don't qualify. Either not old enough for Social Security benefits or earn too much to qualify for Medicaid. You should also be aware that FICA does not pay for SCHIP, SNAP or the Child nutrition program. These programs are 100% funded through the federal government.

 

Real wages are rising as well.

New data shows our economy is even more robust than previously known and China is crumbling.

U.S. Factory Production Ramps Up While China Industrial Output Grinds to Slowest Since 2002
https://www.breitbart.com/asia/2019/06/14/industrial-production/

 

FAKE NEWS!

 

Which is not over a 12 month period, it is quarters compared to quarters at an extrapolated annual projection. I cited the numbers, it happened twice.

 

I never said he didn't so how could I be wrong? I have nothing to admit. Get your facts straight.

 

Whether our economy rises & China's shrinks is not really the issue--or shouldn't be. The real problem with capitalism is the competition. Competition creates a small number of winners & a large number of losers. Your post concentrates on winners & losers. We need an economic system that only creates winners.

 

What are you talking about?!? Seriously, competition & capitalism is the root of EVERY entrepreneur which gives every man, women and child (I owned a lawn mowing business as a kid) the chance to be a successful business person. Socialism creates a small number of winners & a large number of losers as there is no mechanism to create self wealth. Only the oligarchs succeed in a socialized system.

 

Like all the "winners" in venezuela digging through the trash?

 

Sometimes I wonder where you get your data - then I realize you have an endless source in Breitbarf.

US Manufacturing output rose 0.2 percent after a 0.5 percent decline in April

China’s industrial output growth slowed to a more than 17-year low of 5% in May, well below expectations, in the latest sign of weakening demand in the world’s second-largest economy as the United States ramps up trade pressure.
https://www.cnbc.com/2019/06/14/china-may-industrial-output-weakest-in-17-years.html

 

4 quarters ARE 12 months, playing the perpetual dumb act again.
And no it is NOT an extrapolated projection, it is the actual calculation of the last 4 quarters.
The numbers you cited were NOT annual numbers, your own quote stated they were comparing 1 (ONE) quarter to the SAME 1 (ONE) quarter one year earlier. This was already explained to you so you have no excuse for playing dumb.

 

We are seeing more manufacturing and hiring in the US, and China's is in decline.

Its a two point swing.

 

I suggest a blend of capitalism with socialism. That way you can utilize the best of both together, which is better than either alone.

 

We have that today...

 

Venezuela likes to call itself a "socialist" state. But during the Cold War ALL communist states liked to call themselves "socialist" as well, but they weren't. I sometimes think Americans must be the only people in the world to not know the difference between socialist & communist states, but they are NOT the same. Venezuela is actually a communist state, like Cuba. So it's not accurate to compare a true socialist state with Venezuela. Try some place like Sweden, or Denmark, or Norway for a more accurate comparison.