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Old January 6th, 2018, 12:59 PM   #1
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Latest economic data from Fox News

I love this. Even Fox sees that the, like really smart Republican President's economic policies are already slowing down the great job creation that Obama caused.



https://twitter.com/FoxNewsResearch/...77919779663873
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Old January 6th, 2018, 01:01 PM   #2
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Originally Posted by Tweet by the like, really smart guy
Today's job report is not a good sign & we could be facing another recession. No real job growth. We need over 300K new jobs a month.

12:49 PM - 7 Dec 2012
https://twitter.com/realdonaldtrump/...52838675746816
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Old January 6th, 2018, 02:55 PM   #3
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Originally Posted by RNG View Post
I love this. Even Fox sees that the, like really smart Republican President's economic policies are already slowing down the great job creation that Obama caused.



https://twitter.com/FoxNewsResearch/...77919779663873
this is where Fox news, and people that don't study data fail.

you see there were 171,000 new jobs gained/month This is based on the U3 not the U6...

You see RNG if you go look for a full time Chemist Job, and you get a part time Fry dropping job.. according to the U3 you are FULLY EMPLOYED.

The U6 would count you as MARGINALLY employed

Since Trump became President and deregulated, the U6 dropped from 9.4 to 8.1

what is 1.3% of 150,000,000 (that is how many people were upsized from Part time to Full time).

Obama's 186,000/month on average 93,000 were part time jobs. THAT IS THE DIFFERENCE in Trumponomics and Obamanomics

Trump understands you cannot SURVIVE on part time wages.
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Old January 6th, 2018, 03:21 PM   #4
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Three consecutive quarters of 3% or higher growth, something not seen since 2004.
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Old January 7th, 2018, 02:31 PM   #5
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I love this. Even Fox sees that the, like really smart Republican President's economic policies are already slowing down the great job creation that Obama caused.



https://twitter.com/FoxNewsResearch/...77919779663873
That's a huge improvement over the amount of the drop from 2015 to 2016.

Last edited by Libertine; January 7th, 2018 at 03:14 PM.
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Old January 7th, 2018, 03:29 PM   #6
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That's a huge improvement over the amount of the drop from 2015 to 2016.
It also makes Trump's first year the worst since 2010.
Weren't you touting it as the best ever?
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Old January 7th, 2018, 05:11 PM   #7
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Of course I wasn't touting it as the best year ever, but it is getting better, the rate of decline slowed.
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Old January 8th, 2018, 12:45 AM   #8
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The gray line is U3 the official unemployment rate.

The Brown line is U5 which includes discouraged workers and other marginally attached workers.

The blue line is U6 workers who are currently marginal (part time) but want full time employment.

Looking at the chart what I see is, since Sept 2011 there has been steady progress in ALL of the numbers. Every number today is a continuation of the trends that started in 2011.

U6 is no different. At it's worst there was a 7 point spread between U3 and U6. Starting with the trend in 2011, that number has steadily dropped. As the entire job market has improved. So have the number of people switching from part to full time.

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Last edited by BubbaJones; January 8th, 2018 at 01:08 AM.
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Old January 8th, 2018, 03:10 AM   #9
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Of course I wasn't touting it as the best year ever, but it is getting better, the rate of decline slowed.
A look at the numbers shows a continuation, not a shift in trend.

Want to see what a shift in trend looks like, check out 2008-2010, that's a turnaround.
What we see here is a year with no major legislation going into effect, minor changes in some regulations but no serious changes, just a continuation of a recovery now in it's 8th year.
On the major points, no new coal burning plants planned, retirement of coal burning plants still on schedule. No new steel mills planned, layoffs for steel workers coming.
The only thing that is accelerating is the purchase of American companies by foreign interests.
Oh, and the National Debt is set to soar at the fastest rate ever...
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Old January 9th, 2018, 05:45 AM   #10
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A look at the numbers shows a continuation, not a shift in trend.

Want to see what a shift in trend looks like, check out 2008-2010, that's a turnaround.
What we see here is a year with no major legislation going into effect, minor changes in some regulations but no serious changes, just a continuation of a recovery now in it's 8th year.
On the major points, no new coal burning plants planned, retirement of coal burning plants still on schedule. No new steel mills planned, layoffs for steel workers coming.
The only thing that is accelerating is the purchase of American companies by foreign interests.
Oh, and the National Debt is set to soar at the fastest rate ever...
There is an inflection point in that data, it peaked in 2014 and steadily declined after that.

The national debt went up by $1,400 trillion in 2016, but only increased by $700 billion in 2017, that is a decline in the rate of debt accumulation, not an increase.
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