Remember That "Great" TRUMPCO Economy?????

Phoenix68

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Mar 12, 2022
Messages
17,204
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SO DOES HISTORY!!!!!
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The Obama Recovery Is About To Make Trump Look Good!!!
March 10, 2017
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"Presidunce Trump has inherited (as usual) an economy that set a record Friday with 77 consecutive months of job growth, or, as put it, a “mess.”

In Trump’s first full month in office, the economy added 235,000 jobs, the unemployment rate ticked down to 4.7 percent, and wage growth picked up a little to hit 2.8 percent over the past year. The U.S. economy might not quite be great again, but it’s on its way — and it has been for a long time. Indeed, as you can see below, this is the same recovery we’ve had for almost eight years: slow and steady growth, averaging somewhere around 180,000 and 200,000 jobs a month over the past three years. This hasn't been enough to cut unemployment at anything but a gradual pace, but 77 months of a gradual pace can get you pretty far.

The
bad news for Spanky is that there isn’t much he can do to speed this up. Infrastructure spending would certainly help, but that's reportedly been pushed off for at least a year, and, given Republican priorities, might not happen at all. Tax cuts for the rich, meanwhile, don’t have much bang for the buck, stimulative-wise. Other than that, it’s not an exaggeration to say that the extent of his economic policymaking has been taking credit for business decisions that companies had already made, in some cases years ago. That might get a lot of retweets, but it won’t create any jobs."

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Werbung:
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SO DOES HISTORY!!!!!
.
.

The Obama Recovery Is About To Make Trump Look Good!!!
March 10, 2017
.
"Presidunce Trump has inherited (as usual) an economy that set a record Friday with 77 consecutive months of job growth, or, as put it, a “mess.”

In Trump’s first full month in office, the economy added 235,000 jobs, the unemployment rate ticked down to 4.7 percent, and wage growth picked up a little to hit 2.8 percent over the past year. The U.S. economy might not quite be great again, but it’s on its way — and it has been for a long time. Indeed, as you can see below, this is the same recovery we’ve had for almost eight years: slow and steady growth, averaging somewhere around 180,000 and 200,000 jobs a month over the past three years. This hasn't been enough to cut unemployment at anything but a gradual pace, but 77 months of a gradual pace can get you pretty far.

The
bad news for Spanky is that there isn’t much he can do to speed this up. Infrastructure spending would certainly help, but that's reportedly been pushed off for at least a year, and, given Republican priorities, might not happen at all. Tax cuts for the rich, meanwhile, don’t have much bang for the buck, stimulative-wise. Other than that, it’s not an exaggeration to say that the extent of his economic policymaking has been taking credit for business decisions that companies had already made, in some cases years ago. That might get a lot of retweets, but it won’t create any jobs."

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1715258323535.webp
 
"Job opportunities at the Port of Los Angeles are dwindling as Presidunce Spankys steep tariffs take a hit on global trade and a major economic engine for the regional economy.
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Nearly
half of the longshoremen who support operations at the port went without work over the last two weeks, Gene Seroka, executive director of the Port of Los Angeles, said in an interview.
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Trump’s tariffs have drastically stemmed the flow of goods into the U.S., driving down activity at the neighboring ports of L.A. and Long Beach, which collectively processed
more than 20 million 20-foot-long cargo units last year."
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trump-shrug-flickr-gage_skidmore-c[1].webp
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"Just more o' that Trump magic!!"
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"Job opportunities at the Port of Los Angeles are dwindling as Presidunce Spankys steep tariffs take a hit on global trade and a major economic engine for the regional economy.
.
Nearly
half of the longshoremen who support operations at the port went without work over the last two weeks, Gene Seroka, executive director of the Port of Los Angeles, said in an interview.
.
Trump’s tariffs have drastically stemmed the flow of goods into the U.S., driving down activity at the neighboring ports of L.A. and Long Beach, which collectively processed
more than 20 million 20-foot-long cargo units last year."
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View attachment 20757
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"Just more o' that Trump magic!!"
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Democrats are outraged that Trump is shutting down the leftist, liberal, corrupt democrat gravy-train robbery of the US Treasury that has been a staple of big leftist liberal government corruption for decades..
 
"The U.S. labor market is showing further signs of weakening as the pace of layoffs has picked up over the past four weeks, payrolls processing firm ADP reported Tuesday.
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Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said as part of a running update it has been providing. That’s an acceleration from the 2,500 jobs a week lost in the last update a week ago."
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ac40828ee87f4517685700f6b8426f2d06-19-Donald-Trump-shrug.rsquare.w330[1].webp
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"I don't know nothin' about that."
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Werbung:
"The U.S. labor market is showing further signs of weakening as the pace of layoffs has picked up over the past four weeks, payrolls processing firm ADP reported Tuesday.
.

Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said as part of a running update it has been providing. That’s an acceleration from the 2,500 jobs a week lost in the last update a week ago."
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View attachment 26720
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"I don't know nothin' about that."
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New Report: Rising National Debt Will Cause Significant Damage to the U.S. Economy​

 
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