Unemployment at an 18 year low

[Jim in CT]

Originally Posted by PaulS

While Apple said that they were adding $100 M to stock buybacks bc of the tax law they never said that the 20K new jobs where as a result of the law.

ANYTHING to promote Trump regardless of facts.

I can't refute that, Apple didn't specifically say that the 20,000 new jobs were only because of the tax overhaul. But the jobs, I believe, were included in the same announcement as bringing back 250B in cash, and paying a tax of 38B. We do know, those moves are a result of the tax overhaul.

Apple also gave $2,500 bonuses to most of it's 85,000 employees. But let's not talk about that.

I am sorry that the economy is doing so well, Paul. It must eat at you and Spence.

[PaulS]

Originally Posted by Jim in CT

I am sorry that the economy is doing so well, Paul. It must eat at you and Spence.

Why would you make that up? You're smart enough to know that is not true.

If the attached chart didn't have dates on it would you be able to tell where Pres. Trump was elected?

[Jim in CT]

Originally Posted by PaulS

Why would you make that up? You're smart enough to know that is not true.

If the attached chart didn't have dates on it would you be able to tell where Pres. Trump was elected?

"Why would you make that up? You're smart enough to know that is not true."

I believe it to be true. When you constantly deflect and water down every bid of economic good news because you hate the guy at the helm, it's a reasonable conclusion.

"If the attached chart didn't have dates on it would you be able to tell where Pres. Trump was elected"

So you're saying that unemployment trends that existed under Obama, would be expected to stay the same under a new POTUS? How about when unemployment hit zero, would that downward trend be expected to continue? Or are there a ton of moving pieces that effect such thing?

The economy is better than when Trump took office, and most of us have a bit more money in our pockets, and our retirement accounts are up since he got sworn in, and the companies we work for and have shares in, are more profitable and valuable. .

[PaulS]

Originally Posted by Jim in CT

"Why would you make that up? You're smart enough to know that is not true."

I believe it to be true. When you constantly deflect and water down every bid of economic good news because you hate the guy at the helm, it's a reasonable conclusion. I hate the guy for what he says and how he acts. That has been prob. 90% of my criticism in this forum about him.

"If the attached chart didn't have dates on it would you be able to tell where Pres. Trump was elected"

So you're saying that unemployment trends that existed under Obama, would be expected to stay the same under a new POTUS? What I'm sayings is that w/o the dates you can't tell where Pres. Trump was elected so it appears that the overall trend is basically the same. Pres. Trump or Pres Obama - the empl. rate trend hasn't changed much How about when unemployment hit zero, would that downward trend be expected to continue? Or are there a ton of moving pieces that effect such thing?

The economy is better than when Trump took office, and most of us have a bit more money in our pockets, and our retirement accounts are up since he got sworn in, and the companies we work for and have shares in, are more profitable and valuable. .

Agreed, the economy has gotten better under Trump but we'll never know where it would be under Obama.

[Jim in CT]

Originally Posted by PaulS

Agreed, the economy has gotten better under Trump but we'll never know where it would be under Obama.

"I hate the guy for what he says and how he acts"

Could not agree more. I also hated the way Obama acted and hated most of what he said (though he was not nearly as crass of vulgar as Trump). Been a long time since I was proud of a POTUS.

"w/o the dates you can't tell where Pres. Trump was elected so it appears that the overall trend is basically the same. Pres. Trump or Pres Obama - the empl. rate trend hasn't changed much "

That's true. But Trump has to get some credit for doing something to allow that trend to continue. Obama didn't do anything that would lead anyone to expect that the trend would continue on its own.

"the economy has gotten better under Trump but we'll never know where it would be under Obama"

True, we can't know what the economy would look like if Obama or Hilary were in there. We don't know what it would look like had Romney won. All we know, is where it was when Obama left, and we know that by most honest measures, it's better now.

I also know that my take home pay is $250 higher per month. Many, many people saw similar results. We know that's because of tax overhaul. It's been a good thing for my family. Obama would never have signed it, never.

[Pete F.]

Originally Posted by Jim in CT

"I hate the guy for what he says and how he acts"

Could not agree more. I also hated the way Obama acted and hated most of what he said (though he was not nearly as crass of vulgar as Trump). Been a long time since I was proud of a POTUS.
Not perhaps Nixon, there is a good chance this one is following in his shoes

"w/o the dates you can't tell where Pres. Trump was elected so it appears that the overall trend is basically the same. Pres. Trump or Pres Obama - the empl. rate trend hasn't changed much "

That's true. But Trump has to get some credit for doing something to allow that trend to continue. Obama didn't do anything that would lead anyone to expect that the trend would continue on its own.
We would gladly give him some credit, but he has already given himself more than his fair share.

"the economy has gotten better under Trump but we'll never know where it would be under Obama"

True, we can't know what the economy would look like if Obama or Hilary were in there. We don't know what it would look like had Romney won. All we know, is where it was when Obama left, and we know that by most honest measures, it's better now.
It's on the same plane that it was before Obama left, no matter what Kellyanne, Sarah and Sean say. It's not the most, greatest, best, or whatever simple superlative of the moment

I also know that my take home pay is $250 higher per month. Many, many people saw similar results. We know that's because of tax overhaul. It's been a good thing for my family. Obama would never have signed it, never.

Perhaps a good thing for your family currently, but I am assuming you want your children to live in the future in a growing vibrant economy.
Your odds just dropped according to many economists, though you can find a few that think it will be rosy. Some also say the world is flat, and that Obama was not born here.

[Jim in CT]

Originally Posted by Pete F.

Perhaps a good thing for your family currently, but I am assuming you want your children to live in the future in a growing vibrant economy.
Your odds just dropped according to many economists, though you can find a few that think it will be rosy. Some also say the world is flat, and that Obama was not born here.

"Perhaps a good thing for your family currently"

A good thing for a lot of families, currently. No "perhaps" about it.

"I am assuming you want your children to live in the future in a growing vibrant economy."

I do. Is that less likely today, than it was in Obama's last day? If so, how so?

"Your odds just dropped according to many economists"

Who? Paul Krugman, who said that the US economy would not survive a Trump presidency?

"Some also say the world is flat, and that Obama was not born here"

I don't say either of these two things. But I can say that Obama helped light a fire under the horribly sick US economy he inherited, and I can say that Trump has poured rocket fuel on that fire. And he did it in a way that helps my take-home pay, in a way that Obama never ever did.

[wdmso]

Originally Posted by Jim in CT

I can't refute that, Apple didn't specifically say that the 20,000 new jobs were only because of the tax overhaul. But the jobs, I believe, were included in the same announcement as bringing back 250B in cash, and paying a tax of 38B. We do know, those moves are a result of the tax overhaul.

Apple also gave $2,500 bonuses to most of it's 85,000 employees. But let's not talk about that.

I am sorry that the economy is doing so well, Paul. It must eat at you and Spence.

Apple is giving its employees $2,500 bonuses in restricted stock units yet again another example from what i can find hasn't happened ..



ITS been said before.. suddenly now all the governments data is spot on .. no one here isn't saying the economy is is not doing well ,, we just disagree that the avg American is some how in a much better place just because Orange Julius is in office .. which is factually inaccurate

[scottw]

Originally Posted by wdmso

Apple is giving its employees $2,500 bonuses in restricted stock units yet again another example from what i can find hasn't happened ..

wait...so...Apple is giving bonuses or isn't giving bonuses?

[scottw]

Originally Posted by wdmso

we just disagree that the avg American is some how in a much better place just because Orange Julius is in office .. which is factually inaccurate

based on what?....and define "avg American"