Is this still Obama's economy? Just trying to keep track


And what does that tell you?

It should tell you that obviously the jobs available are shit or they would be largely filled.

It's common knowledge that for the last 10 years or so (thanks to the Fed mostly) the wealth gap is widening...fast.

That means lots of money to the wealthy, a shrinking middle class and lots of shitty, service jobs for the lower classes.

Both Obama and Trump are to blame for this situation...as both of them have encouraged (Trump has practically begged) the Fed to overstimulate the economy more and more.

The last time the U.S. economy was on reasonably, solid ground was in the 1990's. It's been a cheap-debt, house-of-cards ever since 2001...getting worse almost every year.

Anyone who says the economy is great is a macroeconomic ignoramus.
 

And what does that tell you?

It should tell you that obviously the jobs available are shit or they would be largely filled.

It's common knowledge that for the last 10 years or so (thanks to the Fed mostly) the wealth gap is widening...fast.

That means lots of money to the wealthy, a shrinking middle class and lots of shitty, service jobs for the lower classes.

Both Obama and Trump are to blame for this situation...as both of them have encouraged (Trump has practically begged) the Fed to overstimulate the economy more and more.

The last time the U.S. economy was on reasonably, solid ground was in the 1990's. It's been a cheap-debt, house-of-cards ever since 2001...getting worse almost every year.

Anyone who says the economy is great is a macroeconomic ignoramus.

We will NEVER be the great country we once were, the middle class is being reduced to the lowest common denominator, which is the core of socialism. You say that belongs to Trump, but on Earth it belongs to:

1. Huge monopolies soaking up resources, such as Amazon. He's a leftist
2. Globalization. Leftist policy
3. Open immigration. Leftest policy
4. Tech. and internet. Primarily controlled by leftists
5. Shitty education. Primarily controlled by leftists
6. Too many people, taxes and entitlements
 
Yes, As there are no real changes to laws. Great Douche is getting a free ride on Super Great Obama work.
But go DrumpF, ADD more taxes on Americans called, tariffs.
 
Someone needs to tell Trump that our economy is a giant bubble and he is blindly running around with a pin.
 
Someone needs to tell Trump that our economy is a giant bubble and he is blindly running around with a pin.

Right? Because this is Obama's economy, only thing Trump is good for is a burst. Progs R super smart.
 
It never has been the "previous president's" economy after two years nut maybe the angry hysterical left changed the rules.
 
Someone needs to tell Trump that our economy is a giant bubble and he is blindly running around with a pin.

Right? Because this is Obama's economy, only thing Trump is good for is a burst. Progs R super smart.
It's far enough along that when Trump brings it all down by introducing too many shocks to the system even the most deluded will have difficulty blaming it on anyone else.
 

And what does that tell you?

It should tell you that obviously the jobs available are shit or they would be largely filled.
Unsurprisingly, that's not correct.

In a new report, the Washington State Auditor found that good jobs in the skilled trades are going begging because students are being almost universally steered to bachelor's degrees.

Among other things, the Washington auditor recommended that career guidance — including choices that require less than four years in college — start as early as the seventh grade.

"There is an emphasis on the four-year university track" in high schools, said Chris Cortines, who co-authored the report. Yet, nationwide, three out of 10 high school grads who go to four-year public universities haven't earned degrees within six years, according to the National Student Clearinghouse. At four-year private colleges, that number is more than 1 in 5.

"Being more aware of other types of options may be exactly what they need," Cortines said. In spite of a perception "that college is the sole path for everybody," he said, "when you look at the types of wages that apprenticeships and other career areas pay and the fact that you do not pay four years of tuition and you're paid while you learn, these other paths really need some additional consideration."

And it's not just in Washington state.

Seventy-percent of construction companies nationwide are having trouble finding qualified workers, according to the Associated General Contractors of America; in Washington, the proportion is 80 percent.

There are already more trade jobs like carpentry, electrical, plumbing, sheet-metal work and pipe-fitting than Washingtonians to fill them, the state auditor reports. Many pay more than the state's average annual wage of $54,000.

...

In a quest for prestige and rankings, and to bolster real-estate values, high schools also like to emphasize the number of their graduates who go on to four-year colleges and universities.

Jessica Bruce followed that path, enrolling in community college after high school for one main reason: because she was recruited to play fast-pitch softball. "I was still trying to figure out what I wanted to do with my life," she said.

Now, she's an apprentice ironworker, making $32.42 an hour, or more than $60,000 a year, while continuing her training. At 5-foot-2, "I can run with the big boys," she said, laughing.

As for whether anyone looks down on her for not having a bachelor's degree, Bruce doesn't particularly care.

"The misconception," she said, "is that we don't make as much money."

And then she laughed again.
$60K a year as an apprentice is not a shit job...unless you don't know what the hell you're talking about, of course.
 

And what does that tell you?

It should tell you that obviously the jobs available are shit or they would be largely filled.

It's common knowledge that for the last 10 years or so (thanks to the Fed mostly) the wealth gap is widening...fast.

That means lots of money to the wealthy, a shrinking middle class and lots of shitty, service jobs for the lower classes.

Both Obama and Trump are to blame for this situation...as both of them have encouraged (Trump has practically begged) the Fed to overstimulate the economy more and more.

The last time the U.S. economy was on reasonably, solid ground was in the 1990's. It's been a cheap-debt, house-of-cards ever since 2001...getting worse almost every year.

Anyone who says the economy is great is a macroeconomic ignoramus.
I didn't think Obama HAD an economy.
 
should we look at the charts?
Show us what you have, Dan
SPX-Barchart-Interactive-Chart-06-08-2019.png

nothing but increased volatility since Your guy took over.
 

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