Record 157,005,000 Employed; 19th Record of Trump Era

Nearly 95% of all new jobs during Obama era were part-time, or contract

https://www.investing.com/news/econ...ing-obama-era-part-time,-contract-work-449057

A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.

 

I just refuted this with the official BLS data lol. Why do you think you can get away with making things up?

Try this. Tell us which line on the graph is higher. Part time or full time?




I’ll keep refuting that bullshit as many times as you need me to.

 

The "recovery" and "rescue" for those insiders who were "too-big-to-fail" was engineered not by anybody but the FEDERAL RESERVE SYSTEM. In August, 2007, the Fed took complete, total control over all the important parts of the economy, and, for better or worse, has been trying to re-inflate a gigantic "fraud balloon" in the economy ever since.

In one way, it has been spectacularly successful -- but at a terrible price. Now, as a result of buying up all this toxic, highly-overvalued crap that littered the country in the aftermath of the the so-called "Great Recession", this central bank cartel has a balance sheet of FIVE TRILLION DOLLARS. They desperately need on-paper-'growth' through INFLATION, but instead, it looks like the Fed is actually going to CUT interest rates this month instead of going on with trying to achieve a Federal Funds Rate of at least 5%... where it should be! This is madness, and there's no way that "W" Bush, "Messiah" Obama, or Donald Trump can take credit for anything except bowing down to the 'almighty-god' Federal Reserve combine!

But even Trump is promoting this madness of demanding an interest rate CUT this year, and that is the exact opposite of what we need if we are ever going to get our economy off of the Fed's crutches and really, BACK ON ITS OWN FEET for the first time in well over a decade! All we have now is a dangerously unbalanced, totally manipulated mess instead of a free market economy!

 

Indeed you can repeat your bullshit as many times as you'd like to

 

From 2009-2012 according to your graph, part-time.

 

I gave you the official data. It shows your post is made up nonsense. Lol

 

So you can’t read a graph either. Lol

 

Aside from a chuckle, you gave me nothing

 

Why make things up? People can actually follow the thread. You were given the official BLS data. It shows your claim was complete bullshit.

 

What you and this article fail to mention is that the study you and they are referencing was actually started 4 years before Obama even took office.

 

And it’s conclusion is incorrect, based on BLS data.



The ability trumpers have to look at official verified data and then conclude it says the exact opposite of what it actually says is amazing.

 

What? You haven't heard of alternative facts? How else can they keep "winning bigly"?

 

Annual temporary and contract staffing employment in the United States from 2000 to 2017 (in millions)

https://www.statista.com/statistics/220682/us-total-annual-temporary-employment/

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What do you think about nationalizing the Fed?

 

afaik there's no illegal aliens on the Fed yet, but that ain't such a bad idea.

 

NOTE: Most temporary/contract employment are non-permanent FULL-TIME.

 

Perhaps. But the study specifically reference Obama era. Which started with Obama being erected into the White House.

 

Sure would be great if Democrats would finally learn that it is the private sector that stimulates growth and not the government.

We are halfway there. Investment has been made to grow the economy, now time to gut spending. Well the Democrats allow that to happen? So far, it appears they want to resort to tax and spend which slows the economy and is the status quo that has lead to decades of deficit spending.

 

These two factors are extremely tied together.

Government spending with high taxes = slowing economy

Government loosens regulations and reduces tax = growing economy

When the public sector bottomed out, no amount of tax cuts was sufficient to save us from a depression. I agree, too a degree that government needed to spend to stabilize. After that, the government needs to back off and let the economic engine build. That is where we are at. However, we can't keep spending more than we have hampering the private sector. We need to reduce government spending and size to keep things moving forward.

 

I’m guessing not exactly career minded. 2 jobs doing what?

 

It will never happen. It should be completely abolished, but that won't happen, either.

Liberal Democrats under Woodrow Wilson put this economic tyranny on our backs 106 years ago, and we'll never be rid of it now. Things are so far gone that even if we did get rid of it, at this point that abolishment alone would cause an economic collapse. It's like having a terminal disease you cannot get rid of.

We're all up there now, high in the air, floating along in the Fed's gigantic "fraud balloon", and we have to keep on floating along -- or else crash to the ground. It's much the same in Europe, where the European Central Bank does essentially the same thing. BTW, they've decided to have Christine Lagarde, formerly of the International Monetary Fund, running the ECB. That tells us MUCH....

Only two major countries in the world do not allow dominance of their economies by a central banking cartel -- Russia, and China....

. "I threatened ours with DISEMBOWELMENT!"

 

Quote: Sure would be great if Democrats would finally learn that it is the private sector that stimulates growth and "NOT THE GOVERNMENT""

Nonsense!

The Tax Cuts and Jobs Act of 2017 is an economic stimulus.

 

When you got Fed chronic wasting disease you got to live with it until death.

 

It is impossible for the government to grow the economy.

This is basic economics.

The dollars the government has to use to provide growth are either collected from the private sector, in turn reducing the private sectors investment, or deficit spending which ultimately has to be paid back by the private sector.

Take into account government inefficiencies, and every dollar the government spends to stimulate results in some fraction of a dollar in actual growth.

Anybody who thinks government has the ability to create growth doesnt understand simple economics.

 

Quote: It is impossible for the government to grow the economy

What???????

The government basically has three expenditures;

1. Transfer payments
2. Procurement of goods and services
3. Salaries

......and all of the above increases the GDP

1. TRANSFER PAYMENTS, which is a sum of money Uncle Sam disburses in people's pockets. Current annual payments; $3.158 trillion, growing at a rate of 5.7%, thus, faster than the economy.

Question: How said $3.158 trillion Uncle Sam disburses in people's pockets grow the economy?

Answer; Because a huge chunk of said $3.158 trillion buys goods and services

Source; Government current transfer payments

https://fred.stlouisfed.org/series/A084RC1Q027SBEA