Almost all of those new government jobs are Net Negative to the deficit, too. The part-time private sector workers can look forward to having taxes raised one way or another, though.
I always knew Amazon employed a large number of idiots whose biggest contributions to the economy are as consumers because of their inflated salaries.. They sure aren’t learning much about how businesses operate, let alone a macro-economy.
Hope to see a resume come across with Amazon experience on it so I can pick their brain about what they learned at that job.
You guys have already reached the conclusion that the economy is awful. You're just now trying to nitpick the report and find evidence that what you've already concluded is true. I have to jump through like 20 hoops to reach your guys' conclusion. Cmon guys, dont deny it.
This is the reason im here at the tug. To call you out on your BS methods and teach you the proper way to analyze. See my NVDA pick below as a demonstration of that skillset and also a demonstration on how not to be a dipshit. EverettChris already concluded I must have colluded with NVDA insiders with ZERO evidence to support his dumb statement. Hey Chris, how's your investigation into me going? lolololol
I don’t think it’s awful, but it could be much better with new leadership like it was prior to Democrats in Dem states trying to destroy small businesses by declaring them as non-essential as the large corporations that donate massively to the UniParty stayed open and quickly grew.
It's interesting having lived through the guns and butter program of the dems and LBJ, followed by Dick Nixon's love of regulation and dealing with a tax and spend dem Congress resulting in wage and price controls (which worked as well as you would think they would), then Carter's stagflation I recognize a good economy when one showed up under Reagan. When you have collapsing mortgage rates, collapsing gasoline prices, real job creation with family wage full time jobs you could feel that it was "Morning in America" and the dems and the MSM stopped calling it Reaganomics. The feeling was similar with Clinton with a republican Congress. Today, the dems and the MSM have stopped with the Bidenomics because it's now a slur. With open borders, skyrocketing energy prices and the dem focus on DEI and trannies it is not "Morning in America". Buck has no idea what a healthy growing private sector economy actually feels like.
Trust me,I do know. When my effing net worth has quadrupled, thats a healthy private economy. It sounds like now everyone else on this board has a similar experience now (I had to beat it out of you guys). But then again, i'm not a dipshit.
Everyone on this board isn't exactly a representative of tens of million of private sector employees. Hope that helps. Like I said, I've been through a healthy growing economy and this isn't one.
Free trade agreements Bill. You could manufacture here in the US, but then you'd complain about the rising price of goods as a result. Which of those two things do you want?
Comments
Which would show a large full time position negative.
I'm for taking out all government spend/jobs from economic data by the way, or at least a with and without leading number on indicators.
Boy I have to jump through a ton of hoops to reach your conclusions that the jobs report was awful lol.
I cant wait to see how you guys react when the economy loses jobs overall rather than gains it across the board.
Almost all of those new government jobs are Net Negative to the deficit, too. The part-time private sector workers can look forward to having taxes raised one way or another, though.
Husky loves a part time economy.
like I’ve said. He’s a child.
I always knew Amazon employed a large number of idiots whose biggest contributions to the economy are as consumers because of their inflated salaries.. They sure aren’t learning much about how businesses operate, let alone a macro-economy.
Hope to see a resume come across with Amazon experience on it so I can pick their brain about what they learned at that job.
I'm a cross tab guy, you are not. To each their own.
Here's what's really happened on this thread.
You guys have already reached the conclusion that the economy is awful. You're just now trying to nitpick the report and find evidence that what you've already concluded is true. I have to jump through like 20 hoops to reach your guys' conclusion. Cmon guys, dont deny it.
This is the reason im here at the tug. To call you out on your BS methods and teach you the proper way to analyze. See my NVDA pick below as a demonstration of that skillset and also a demonstration on how not to be a dipshit. EverettChris already concluded I must have colluded with NVDA insiders with ZERO evidence to support his dumb statement. Hey Chris, how's your investigation into me going? lolololol
I don’t think it’s awful, but it could be much better with new leadership like it was prior to Democrats in Dem states trying to destroy small businesses by declaring them as non-essential as the large corporations that donate massively to the UniParty stayed open and quickly grew.
all in all it’s not a terrible report but there’s a lot of warts on those numbers which I’ve outlined.
get ready for at least 1 more IR hike….
There you go now you're talking. It's a good report. See we can find common ground when we put our minds to it.
Even FOX is trying to give the credit to Daddy for this jobs report. Good luck the rest of the way, ladies.
It's interesting having lived through the guns and butter program of the dems and LBJ, followed by Dick Nixon's love of regulation and dealing with a tax and spend dem Congress resulting in wage and price controls (which worked as well as you would think they would), then Carter's stagflation I recognize a good economy when one showed up under Reagan. When you have collapsing mortgage rates, collapsing gasoline prices, real job creation with family wage full time jobs you could feel that it was "Morning in America" and the dems and the MSM stopped calling it Reaganomics. The feeling was similar with Clinton with a republican Congress. Today, the dems and the MSM have stopped with the Bidenomics because it's now a slur. With open borders, skyrocketing energy prices and the dem focus on DEI and trannies it is not "Morning in America". Buck has no idea what a healthy growing private sector economy actually feels like.
Trust me,I do know. When my effing net worth has quadrupled, thats a healthy private economy. It sounds like now everyone else on this board has a similar experience now (I had to beat it out of you guys). But then again, i'm not a dipshit.
Everyone on this board isn't exactly a representative of tens of million of private sector employees. Hope that helps. Like I said, I've been through a healthy growing economy and this isn't one.
I’d wait for the revision in 30 days before dancing in the end zone.
While the numbers aren’t terrible, the underlying indicators do not resemble a healthy economy. A resilient economy? Maybe.
But zero MFG growth, and the entirety of gains being in government and part time employment do nothing to suggest that we are doing well.
Unless you think it’s a good thing to have a nation of federal employees and Uber drivers.
Watch the layoffs….
If your adjustments are always in one direction, your model needs to be examined.
I think they actually revised February numbers slightly upward after the December/January revision bloodbaths.
Regardless we are losing badly on the following:
We've done poorly on manufacturing jobs for 50 years
You guys said that about last month's report and the revision was upwards. Revisions work both ways yo.
On the inflation point, according to the latest report, wages grew 4.1 on an annual basis which means it outgrew inflation. Thoughts?
Free trade agreements Bill. You could manufacture here in the US, but then you'd complain about the rising price of goods as a result. Which of those two things do you want?