Bad news for Democrats: Stocks record high - Employment 1/2 Century High

The last time employment was as good as it is now, the Archies, Johnny Cash, The 5th Dimension, Sly and the Family Stone, The Temptations, Marvin Gaye, Elvis, and the Beatles were releasing America's top listened to songs.

The stock market has never been nearly this good.

The economy hasn't been this good in decades.

Democrats will drop Ford like they dropped Camera Hogg when the next squirrel runs by to detract from Trump's record of MAGA.

It's not going to get any better, because Democrats aren't going to get any less desperate.

It's important for people that want America to be better to remain focused on the goal of a prosperous America, and not be led down a rabbit hole by Democrats.

 

Massive lines form for another Trump MAGA rally.

 

MAGA.

 

The more Drumpf takes credit for the the current economy, the more he will be held responsible if anything bad happens with the economy within the next 2 years. The more you boast about how great things are, the more you better be right in the future.

 

Who do you think should get credit and why?

 

I disagree that employment is at an all time high. It is at an all time high because of the factors we chose to measure unemployment. Only when we get the labor participation rate back up where it should be will I be satisfied.

 

Well actually new unemployment claims are at a 49 year low.

 

Very true. Nobody actually fixed the easy credit of the 2008 crash, it will happen again it's just a matter of when.

If the economy looks like it does now in 2020 its very hard to see Trump losing. Incumbency is a big factor and he remains higher in approval ratings than the day he was elected (if only marginally)

 

Are you saying we need to credit the clown who told us our best days are behind us and that we have to get used to a new normal? This clown?

Obama to Trump: 'What magic wand do you have?'


President Obama hit presumptive GOP presidential nominee Donald Trump for not detailing the ways in which he plans to accomplish certain goals.

During a PBS town hall that aired Wednesday, Obama referenced Trump's promise to bring back jobs to the United States when talking about manufacturing.

“Well, how exactly are you going to do that? What exactly are you going to do? There’s no answer to it," Obama said.

"He just says, 'Well, I’m going to negotiate a better deal.' Well, what, how exactly are you going to negotiate that? What magic wand do you have? And usually the answer is, he doesn’t have an answer.”




http://thehill.com/blogs/blog-briefing-room/news/281936-obama-to-trump-what-magic-wand-do-you-have

 

All that means is that we have a lot of people who are no longer looking for work. The one question we have not answered or even asked is "Why are they no longer looking for work?"

 

I'm not trying to take away the importance of Trump's economic policies, but there's a problem with "unemployment" numbers. The key data is EMPLOYMENT. These are still statistical estimates.

The Bureau of Labor Statistics began and formulated its surveys back in the 1940s when most women stayed at home. The key question on the survey is, if not employed, did you seek employment during the previous week? If the individual did not, or even worked an hour in your family business in the last week, then you are NOT counted as unemployed.

And doing it that way doesn't consider the number of those employed. Therefore, employment numbers are far more important than unemployment numbers.

Steve

 

Labor Participation is going back up.

You didn't know this?

 

Between 2009 and 2013, approximately six million additional Americans stopped working or stopped looking for work. That is three percent of our adult population. Why?

 

It dropped between July and August. It is at the same level it was in Feb 2015. All it has done is bounced around a little bit within the margin for error.

 

Sadly for Democrats you are incorrect.

Confidence is at a multi-decade high.
Actual employment is at a multi-decade high.

MAGA is the Democrats' biggest nightmare.

 

My guess is that according to the Bureau of Labor Statistics, there are an estimated 27 million legal and illegal immigrants in our workforce. That's 17 percent of the estimated ENTIRE WORKFORCE. That didn't happen overnight. But 6 million citizens would have likely been displaced from their jobs during that 4 to 5 years.

There's NO EXCUSE for that many immigrants in our workforce coming out of a severe recession.

But we also know that wages have stagnated for many years.

Steve

 

Where am I wrong? The labor participation rate dropped about three percent between 2009 and 2013. It has not recovered.

The economy is generally good. However there is something fundamentally different when we have that many people leave the work force and do not return. We have not even tried to answer that very fundamental question.

 

Woooo Hoooo, a great time to be American. Americans everywhere can see how hard President Trump is working on behalf of all Americans. They also see the dirty dems and how they are trying their dirty tricks again with trumps SC pick. They reallly believe there is a blue wave coming and thwir tricks will be worth it. I believe dirty dems are in for a bigly surprise. Big Time.

 

Sounds like an Obama apologist ANGRY because nobody but Kool-aid drinking leftists BELIEVE that today's roaring economy has got anything to do with Barack Obama. If that does not reflect reality then leftists need to really, REALLY work on their public relations game; because it totally sucks with the average citizen.

 

Yes the economic news is good. The Demos have been trying their damnest to cover it over with their Lame Stream Propaganda machine. They actually think they can hide the good economic news from the people. Its not working.

 

Civilian labor force participation rate in the United States from 1990 to 2017

https://www.statista.com/statistics/191734/us-civilian-labor-force-participation-rate-since-1990/


According to this chart. Labor Participation is up from what it was in 2016, 2015, and just a slight bit up over 2013s numbers.

 

Like I said above, wages have stagnated for many years. Why go back to work again for crappy wages when people can draw welfare or some form of government assistance?

When Trump gets the economy roaring again, and illegal immigrants out of the workforce, then things should return to normal.

EMPLOYMENT is the key number to follow. Not unemployment.

Steve

 

Now, if anyone can point out the time on the curve when Trump took office from looking at the data? I can't either.

In reality, LFPR started going up again in 2013. Back then, of course, unemployment rates didn't matter, it was all LFPR for the Obama haters. Now, it is a different story.

 

The "due to aging" crap is BS!

That downward curve began when bad trade deals kicked in, and U.S. companies began moving outside the U.S.

Steve

 

You mean when US corporations discovered that they could make a lot more money by using Asian labor instead of US labor? Yet, those same corporations just got a huge tax break as reward.