Trump Economy creates 263,000 jobs in April, unemployment falls to 3.6%

[Mac1958]

As I point out regularly, economic data is virtually always mixed. Anyone who understands this stuff knows that.

I'm only thankful I'm not going through life hoping for the worst for my country, downplaying any good news, just because of politics. That must be awful. I'm happy to celebrate any good news.

And by the way, I have never claimed to be an expert. Not once. Ever.

So you're a liar, too.
.

So you never claimed that your profession is to manage portfolios for clients? Yes or no?
And would it be wrong to assume someone making that claim thinks they are an expert? Yes or no?

Since you usually run away from tough conversations - I will take you not answering the above questions as ‘yes’ to both of them.

And if you ARE managing portfolios for others and you are not an expert - then you should not be managing their portfolios.

Also I suggest you learn what words mean. To ‘lie’ means ‘to intend to deceive’. Since you do not know me and have no idea what my intent was - it is impossible to know whether I was lying or not.
That would make your statement potentially libellous.
Just sayin’.


And what good news? You are cherry picking. You praise the U-3 yet COMPLETELY ignore the negative numbers of the survey is based on.

You have to be macroeconically ignorant and/or delusional to call a loss of weekly revenues and a drop in total employed in the Household Survey as a ‘nice, nice, nice’ jobs report.

I never claimed to be an expert. You're a liar.

I'm happy to celebrate any good data. Data is always mixed.

You can continue to downplay it and hope for the worst. Not my problem.

Oh, and you're a liar.
.

LOL.

You know, when I first encountered you on this board? I thought you were bright and generally reasonable.

Now, the more you post - the more you seem weak, petty and desperate for attention.


And the fact you ran away from answering my two simple questions just further confirms that the answer to both are ‘yes’.


But - in future - I will be happy to no longer assume you have anything more then a slightly above-average knowledge on macroeconomic matters (which means - almost nothing as most people are virtually clueless on the economy).

Have a nice day.

You're a liar. Have a nice day.
.

LOL...my my...you are thin-skinned, aren’t you.

BTW - calling me a liar does not bother me in the slightest.
It just advertises the fact that you don’t even know what the word means. Which makes you look uneducated. Which makes me smile as you come across as OH SO WISE:CONDESCENDING (or at least - that is the persona you try to peddle).

I would find another insult if you are trying to ‘get my goat’.
But if you like ‘liar’? Please...continue and advertise your ignorance.

Have a wonderful day.

You too, thanks.
.

 

[TheProgressivePatriot]

Unemployment is two thirds lower than it was under Obama who had some rates OVER 10 per cent, well into two figures.

This is bad news for the libs, tanking the Triumphant Trump Economy and the Donald's tremendous Trumponomics program is becoming very urgent.

Perhaps so but only because T-Rump supporters are to stupid to understand that it is despite him and not because of anything that he has actually done.

A lot of people don't understand economics, doesn't make them stupid.

But the people did hear B. Hussein O, as well as liberal economic gurus like the Paul "El Doofus" Krugman and the evil Midget Robert Reich predict economic cataclysm during a Trump Presidency.

The lib predictions came to naught.

So they figure the current lib complaints about The Trumpster are bullshit too

We are two years into his presidency and he is riding the coat tails of his predecessor. It took George W. 8 years to destroy the economy with deregulation of the banks and mortgage lenders but destroy it he did. Trump will do the same.

 

[depotoo]

You sooo pray you are right. Lol

Unemployment is two thirds lower than it was under Obama who had some rates OVER 10 per cent, well into two figures.

This is bad news for the libs, tanking the Triumphant Trump Economy and the Donald's tremendous Trumponomics program is becoming very urgent.

Perhaps so but only because T-Rump supporters are to stupid to understand that it is despite him and not because of anything that he has actually done.

A lot of people don't understand economics, doesn't make them stupid.

But the people did hear B. Hussein O, as well as liberal economic gurus like the Paul "El Doofus" Krugman and the evil Midget Robert Reich predict economic cataclysm during a Trump Presidency.

The lib predictions came to naught.

So they figure the current lib complaints about The Trumpster are bullshit too

We are two years into his presidency and he is riding the coat tails of his predecessor. It took George W. 8 years to destroy the economy with deregulation of the banks and mortgage lenders but destroy it he did. Trump will do the same.

 

[Meister]

Unemployment is two thirds lower than it was under Obama who had some rates OVER 10 per cent, well into two figures.

This is bad news for the libs, tanking the Triumphant Trump Economy and the Donald's tremendous Trumponomics program is becoming very urgent.

Perhaps so but only because T-Rump supporters are to stupid to understand that it is despite him and not because of anything that he has actually done.

A lot of people don't understand economics, doesn't make them stupid.

But the people did hear B. Hussein O, as well as liberal economic gurus like the Paul "El Doofus" Krugman and the evil Midget Robert Reich predict economic cataclysm during a Trump Presidency.

The lib predictions came to naught.

So they figure the current lib complaints about The Trumpster are bullshit too

We are two years into his presidency and he is riding the coat tails of his predecessor. It took George W. 8 years to destroy the economy with deregulation of the banks and mortgage lenders but destroy it he did. Trump will do the same.

Real GDP growth, prog.

Dec 31, 2018 2.97%.......Trump
Dec 31, 2017 2.47%.......Trump
Dec 31, 2016 1.88%.......Obama
Dec 31, 2015 2.00%.......Obama

 

[The Purge]

The man is a fucking business GENIUS....Eat your heart out Surrender Monkey and ABNORMAL HATERS!

The economy generated a stronger than expected 263,000 new jobs in April, helping to drive down the unemployment rate to a 49-year low of 3.6%. The increase in new jobs easily topped the 217,000 MarketWatch forecast. The jobless rate slid from 3.8% in March to hit the lowest level since December 1969. The average wage paid to American workers rose 6 cents, or 0.2%, to $27.77 an hour. The 12-month rate of hourly wage gains was unchanged at 3.2%. Hours worked each week fell 0.1 hour in April to 34.4. The government revised the increase in new jobs in March to 189,000 from a preliminary 196,000. February's gain was raised to 56,000 from 33,000.

U.S. creates 263,000 jobs in April, unemployment falls to 3.6%

That this is happening on Trumps watch does not make it the Trump economy . This is despite Trump and his stupid trade wars.

Of course it does you fucking idiot just like it was the Surrender Monkeys before him....or W's when the shit hit the fan under The turdster!

 

[The Purge]

Unemployment is two thirds lower than it was under Obama who had some rates OVER 10 per cent, well into two figures.

This is bad news for the libs, tanking the Triumphant Trump Economy and the Donald's tremendous Trumponomics program is becoming very urgent.

Perhaps so but only because T-Rump supporters are to stupid to understand that it is despite him and not because of anything that he has actually done.

A lot of people don't understand economics, doesn't make them stupid.

But the people did hear B. Hussein O, as well as liberal economic gurus like the Paul "El Doofus" Krugman and the evil Midget Robert Reich predict economic cataclysm during a Trump Presidency.

The lib predictions came to naught.

So they figure the current lib complaints about The Trumpster are bullshit too

We are two years into his presidency and he is riding the coat tails of his predecessor. It took George W. 8 years to destroy the economy with deregulation of the banks and mortgage lenders but destroy it he did. Trump will do the same.

Real GDP growth, prog.

Dec 31, 2018 2.97%.......Trump
Dec 31, 2017 2.47%.......Trump
Dec 31, 2016 1.88%.......Obama
Dec 31, 2015 2.00%.......Obama

Trump Must have found his MAGIC WAND....ROTFLMFAO!!!!...the ABNORMALS continue to try and rewrite history!!!

 

[The Purge]

As I point out regularly, economic data is virtually always mixed. Anyone who understands this stuff knows that.

I'm only thankful I'm not going through life hoping for the worst for my country, downplaying any good news, just because of politics. That must be awful. I'm happy to celebrate any good news.

And by the way, I have never claimed to be an expert. Not once. Ever.

So you're a liar, too.
.

So you never claimed that your profession is to manage portfolios for clients? Yes or no?
And would it be wrong to assume someone making that claim thinks they are an expert? Yes or no?

Since you usually run away from tough conversations - I will take you not answering the above questions as ‘yes’ to both of them.

And if you ARE managing portfolios for others and you are not an expert - then you should not be managing their portfolios.

Also I suggest you learn what words mean. To ‘lie’ means ‘to intend to deceive’. Since you do not know me and have no idea what my intent was - it is impossible to know whether I was lying or not.
That would make your statement potentially libellous.
Just sayin’.


And what good news? You are cherry picking. You praise the U-3 yet COMPLETELY ignore the negative numbers of the survey is based on.

You have to be macroeconically ignorant and/or delusional to call a loss of weekly revenues and a drop in total employed in the Household Survey as a ‘nice, nice, nice’ jobs report.

I never claimed to be an expert. You're a liar.

I'm happy to celebrate any good data. Data is always mixed.

You can continue to downplay it and hope for the worst. Not my problem.

Oh, and you're a liar.
.

LOL.

You know, when I first encountered you on this board? I thought you were bright and generally reasonable.

Now, the more you post - the more you seem weak, petty and desperate for attention.


And the fact you ran away from answering my two simple questions just further confirms that the answer to both are ‘yes’.


But - in future - I will be happy to no longer assume you have anything more then a slightly above-average knowledge on macroeconomic matters (which means - almost nothing as most people are virtually clueless on the economy).

Have a nice day.

You're a liar. Have a nice day.
.

LOL...my my...you are thin-skinned, aren’t you.

BTW - calling me a liar does not bother me in the slightest.
It just advertises the fact that you don’t even know what the word means. Which makes you look uneducated. Which makes me smile as you come across as OH SO WISE/CONDESCENDING (or at least - that is the persona you seem to try to peddle).

I would find another insult if you are trying to ‘get my goat’.
But if you like ‘liar’? Please...continue and advertise your ignorance.

Have a wonderful day.

He is just letting Patriots know who you are...LOLOL!

 

[BuckToothMoron]

Those are good numbers to be sure, but It is very puzzling why the Fed has flipped their policy direction. Makes you wonder what they see and think beyond these numbers.

Despite all this growth, there is relatively no inflation. Money supply is nicely balanced with production of goods and services. In light of this, what would you have the Fed do otherwise?


US Unemployment Rate Falls to 3.6% – a 50 Year Low! 263,000 New Jobs In April – Trump Economy Is ON FIRE!

I’d have them prepare for a rainy day so to speak. When it comes manipulating the economy, the Fed can either increase money supply or lower rates. With rates already so low and the Fed balance sheet already bloated, if and when things turn south they won’t have any bullets in the chamber. Just think- if the Fed rate was where it is today in 2009, what would they do? Drop money from Helicopters I suppose.

 

[Zorro!]

Those are good numbers to be sure, but It is very puzzling why the Fed has flipped their policy direction. Makes you wonder what they see and think beyond these numbers.

Despite all this growth, there is relatively no inflation. Money supply is nicely balanced with production of goods and services. In light of this, what would you have the Fed do otherwise?


US Unemployment Rate Falls to 3.6% – a 50 Year Low! 263,000 New Jobs In April – Trump Economy Is ON FIRE!

I’d have them prepare for a rainy day so to speak. When it comes manipulating the economy, the Fed can either increase money supply or lower rates. With rates already so low and the Fed balance sheet already bloated, if and when things turn south they won’t have any bullets in the chamber. Just think- if the Fed rate was where it is today in 2009, what would they do? Drop money from Helicopters I suppose.

We have 3.2% real GDP growth with only 1.6% inflation which is well below the Fed's target of 2% so choice number 3 is keep their hands off what is working very well.

You want them to raise rates, to reduce growth, so they can lower rates to promote growth? I'm glad you aren't on the board!

They are doing just right, keep their damn hands off unless there is something that needs fixing. With 3.2% real GDP growth and sub 2% inflation, they don't need to do a damn thing.

As for their balance sheet, they have been selling it into the Trump boom for 2 years now.

If inflation picks up, they can sell off assets faster than their current $32B/month and bring inflation right back under control.

 

[rightwinger]

Trump getting rid of a lot of the regulations has strengthened our economy.

Have they? By how much?

One dollar? 10 Trillion? There is no way to know wtf we are talking about here without some sort of volume estimate.

By the way, unemployment is down to 3.6%
263,000 new jobs, inflation is at .9%, and wages up 3%.
Have a good day, anton.

ANY president Dem or Rep would be thrilled with those numbers.

Yet Trump having those numbers gets him 42 percent approval

We don't know what Trump's approval is because the liberal controlled media spin even this negative.

Unless we ask Rasmussen

 

[AntonToo]

Trump getting rid of a lot of the regulations has strengthened our economy.

Have they? By how much?

One dollar? 10 Trillion? There is no way to know wtf we are talking about here without some sort of volume estimate.

By the way, unemployment is down to 3.6%
263,000 new jobs, inflation is at .9%, and wages up 3%.
Have a good day, anton.

....ok retard, that does not AT ALL answer the question.

How different would these numbers be without Trump policies?

We had 2.9% GDP growth in 2015 just as we had in 2018, to listen to you thats not possible without Trump.

 

[Zorro!]

Trump getting rid of a lot of the regulations has strengthened our economy.

Have they? By how much?

One dollar? 10 Trillion? There is no way to know wtf we are talking about here without some sort of volume estimate.

By the way, unemployment is down to 3.6%
263,000 new jobs, inflation is at .9%, and wages up 3%.
Have a good day, anton.

....We had 2.9% GDP growth in 2015 just as we had in 2018, to listen to you thats not possible without Trump.

Obama's 2.9% in 2015 was followed Q1-16 growth of 1.6%
Trump's 2.9% growth in 2018 was followed by Q1-19 growth of 3.2% which is twice as good. Your question is easy enough to answer, but the first question you need to answer is:

"WHAT IS THE PURPOSE OF THE US ECONOMY?"

Once you know that answer you will understand why Trump continues to enjoy such amazing economic success with nearly inflation free growth rates, fifty percent higher than Obama's.

 

[Meister]

Trump getting rid of a lot of the regulations has strengthened our economy.

Have they? By how much?

One dollar? 10 Trillion? There is no way to know wtf we are talking about here without some sort of volume estimate.

By the way, unemployment is down to 3.6%
263,000 new jobs, inflation is at .9%, and wages up 3%.
Have a good day, anton.

....ok retard, that does not AT ALL answer the question.

How different would these numbers be without Trump policies?

We had 2.9% GDP growth in 2015 just as we had in 2018, to listen to you thats not possible without Trump.

Not sure who you're talking to when you say "retard", anton.
Let me ask you....how can this not be Trump's economy when he got rid of the Obama regulations?
Think about it before you answer.

Also, you might want to look at 'Real GDP' growth. It's more accurate than GDP growth.

Let me help you with that.
Real GDP growth, anton

Dec 31, 2018 2.97%.......Trump
Dec 31, 2017 2.47%.......Trump
Dec 31, 2016 1.88%.......Obama
Dec 31, 2015 2.00%.......Obama

Please don't get all emotional and call me names when you get done looking at those numbers.

 

[AntonToo]

Trump getting rid of a lot of the regulations has strengthened our economy.

Have they? By how much?

One dollar? 10 Trillion? There is no way to know wtf we are talking about here without some sort of volume estimate.

By the way, unemployment is down to 3.6%
263,000 new jobs, inflation is at .9%, and wages up 3%.
Have a good day, anton.

....ok retard, that does not AT ALL answer the question.

How different would these numbers be without Trump policies?

We had 2.9% GDP growth in 2015 just as we had in 2018, to listen to you thats not possible without Trump.

Not sure who you're talking to when you say "retard", anton.
Let me ask you....how can this not be Trump's economy when he got rid of the Obama regulations?
Think about it before you answer.

Also, you might want to look at 'Real GDP' growth. It's more accurate than GDP growth.

Let me help you with that.
Real GDP growth, anton

Dec 31, 2018 2.97%.......Trump
Dec 31, 2017 2.47%.......Trump
Dec 31, 2016 1.88%.......Obama
Dec 31, 2015 2.00%.......Obama

Please don't get all emotional and call me names when you get done looking at those numbers.

...please stop opening your mouth, you have NO IDEA what you are saying or why.

These are the annual basis REAL GDP growth numbers

And you still have not at all answered anything I said, because you obviously have trouble understanding the difference between mere correlations and what it takes to even begin to establish macroeconomic causations.

 

[my2¢]

The cherry on top: inflation so far has remained under control.

 

[AntonToo]

Trump getting rid of a lot of the regulations has strengthened our economy.

Have they? By how much?

One dollar? 10 Trillion? There is no way to know wtf we are talking about here without some sort of volume estimate.

By the way, unemployment is down to 3.6%
263,000 new jobs, inflation is at .9%, and wages up 3%.
Have a good day, anton.

....We had 2.9% GDP growth in 2015 just as we had in 2018, to listen to you thats not possible without Trump.

Obama's 2.9% in 2015 was followed Q1-16 growth of 1.6%
Trump's 2.9% growth in 2018 was followed by Q1-19 growth of 3.2% which is twice as good. Your question is easy enough to answer, but the first question you need to answer is:

"WHAT IS THE PURPOSE OF THE US ECONOMY?"

Once you know that answer you will understand why Trump continues to enjoy such amazing economic success with nearly inflation free growth rates, fifty percent higher than Obama's.

...clearly you don't understand how much a single Q of growth is worth in historical context.

Yes economy is doing good so far with Trump, but it has done well under Obama as well, which you rightwingers could never admit. And oh by the way, that was without a 1.5Trillion dollar tax-cutting stimulus and what is shaping up to be trillion dollar deficits during the good times.

 

[Zorro!]

Trump getting rid of a lot of the regulations has strengthened our economy.

Have they? By how much?

One dollar? 10 Trillion? There is no way to know wtf we are talking about here without some sort of volume estimate.

By the way, unemployment is down to 3.6%
263,000 new jobs, inflation is at .9%, and wages up 3%.
Have a good day, anton.

....We had 2.9% GDP growth in 2015 just as we had in 2018, to listen to you thats not possible without Trump.

Obama's 2.9% in 2015 was followed Q1-16 growth of 1.6%
Trump's 2.9% growth in 2018 was followed by Q1-19 growth of 3.2% which is twice as good. Your question is easy enough to answer, but the first question you need to answer is:

"WHAT IS THE PURPOSE OF THE US ECONOMY?"

Once you know that answer you will understand why Trump continues to enjoy such amazing economic success with nearly inflation free growth rates, fifty percent higher than Obama's.

...Yes economy is doing good so far with Trump, but it has done well under Obama...

Trump's first full 8 quarters are 50% better than Obama's.

...by the way, that was without a 1.5Trillion dollar tax-cutting stimulus and what shaping up to be trillion dollar deficits...

Despite 50% higher GDP growth rates and several interest rate hikes by the Fed, Trump has run up LESS debt than Obama did over the same time period at the end of Obama's presidency.

Trump has been President for 833 days and the Federal debt has increased by
$2,080,195,217,284.10 during that time.

Over Obama's final 833 days, he ran the debt up $2,088,824,525,722.20. So Trump is better on this measure in nominal terms and significantly better on an inflation adjusted basis.

Debt to the Penny (Daily History Search Application)

The differences between Obama's failed approach and Trump's successful approach will become clear as soon as you figure out the answer to this question:

"WHAT IS THE PURPOSE OF THE US ECONOMY?"

 

[Jitss617]

3.6 percent unemployment

Why isn’t Trump more popular?

99% of the media is fake news

99 percent of what comes out of Trumps mouth is fake

Like what name something?

Like what name something?

Another incoherent sentence from Jitss617.

Deflected

 

[Meister]

Trump getting rid of a lot of the regulations has strengthened our economy.

Have they? By how much?

One dollar? 10 Trillion? There is no way to know wtf we are talking about here without some sort of volume estimate.

By the way, unemployment is down to 3.6%
263,000 new jobs, inflation is at .9%, and wages up 3%.
Have a good day, anton.

....ok retard, that does not AT ALL answer the question.

How different would these numbers be without Trump policies?

We had 2.9% GDP growth in 2015 just as we had in 2018, to listen to you thats not possible without Trump.

Not sure who you're talking to when you say "retard", anton.
Let me ask you....how can this not be Trump's economy when he got rid of the Obama regulations?
Think about it before you answer.

Also, you might want to look at 'Real GDP' growth. It's more accurate than GDP growth.

Let me help you with that.
Real GDP growth, anton

Dec 31, 2018 2.97%.......Trump
Dec 31, 2017 2.47%.......Trump
Dec 31, 2016 1.88%.......Obama
Dec 31, 2015 2.00%.......Obama

Please don't get all emotional and call me names when you get done looking at those numbers.

...please stop opening your mouth, you have NO IDEA what you are saying or why.

These are the annual basis REAL GDP growth numbers

And you still have not at all answered anything I said, because you obviously have trouble understanding the difference between mere correlations and what it takes to even begin to establish macroeconomic causations.

You must be in your 20's or 30's thinking you have it all figured out.

US Real GDP Growth Rate by Year

Dec 31, 2018 2.97%
Dec 31, 2017 2.47%
Dec 31, 2016 1.88%
Dec 31, 2015 2.00%
Dec 31, 2014 2.70%
Dec 31, 2013 2.61%
Dec 31, 2012 1.47%
Dec 31, 2011 1.61%
Dec 31, 2010 2.57%
Dec 31, 2009 0.18%

I'll go with an economic source over your political source any day...especially Fact Check.

Please note the 2% rate in 2015 and then the 1.88% in 2016, showing a weakening economy
under the pressures from Obama's regulations.

Now.....for you sonny....Go Pound Sand!

 

[Jitss617]

3.6 percent unemployment

Why isn’t Trump more popular?

99% of the media is fake news

99 percent of what comes out of Trumps mouth is fake