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Job numbers revised down bigly. Tax cuts didn’t really boost hiring

GDS
GDS Member Posts: 1,470
in Tug Tavern
https://www.marketwatch.com/story/us-created-500000-fewer-jobs-since-2018-than-previously-reported-new-figures-show-2019-08-21


The newly revised figures indicate the economy didn’t get a huge boost last year from President Trump’s tax cuts and higher federal spending. They also signal the economy is a bit weaker than previously believed and could give the Federal Reserve even greater reason to cut interest rates in September.
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Comments

  • MikeDamone
    MikeDamone Member Posts: 37,781
    Good news for the HondoBros
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  • HHusky
    HHusky Member Posts: 24,525
    MikeDamone said:

    Good news for the HondoBros

    Keynesian stimulus should be saved for use in a bad economy. Pretty pointless, except that Race and blob saved an extra $100 they spent on weed.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,027 Founders Club
    How many jobs will the Biden tax hike bring?

    So fucking bitter over people keeping more of their money

    So upset the economy is good

    Kill yourselves
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  • SFGbob
    SFGbob Member Posts: 33,210
    As always O’Keefed there is nothing stopping you from writing a bigger check to the government right this very minute.

    If higher taxes are such a great idea start paying them now.
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  • GDS
    GDS Member Posts: 1,470
    MikeDamone said:

    Good news for the HondoBros

    Bad news for everyone unfortunately. The trump tax increase in the tariffs being paid for by middle class Americans probably partly to blame
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  • Gwad
    Gwad Member Posts: 2,855
    GDS said:

    MikeDamone said:

    Good news for the HondoBros

    Bad news for everyone unfortunately. The trump tax increase in the tariffs being paid for by middle class Americans probably partly to blame
    Yes eroding the middle class is a text book power play. Looks like Trump is just the same as all the blowhards that came before him.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,027 Founders Club
    Revenue up

    Jobs up

    Keep more of our money

    Growth up


    Yeah its horrible

    Lies damn lies and statistics

    Nobody believes you
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