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Job numbers revised down bigly. Tax cuts didn’t really boost hiring
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.
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.
Comments
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Good news for the HondoBros
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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.MikeDamone said:Good news for the HondoBros
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I saved around 20%. Did some remodeling around the old crackerbox I live in. Hired it all out.HHusky said:
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.MikeDamone said:Good news for the HondoBros
Keynesian stimulus should DIAFF. -
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 -
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. -
Bad news for everyone unfortunately. The trump tax increase in the tariffs being paid for by middle class Americans probably partly to blameMikeDamone said:Good news for the HondoBros
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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.GDS said:
Bad news for everyone unfortunately. The trump tax increase in the tariffs being paid for by middle class Americans probably partly to blameMikeDamone said:Good news for the HondoBros
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Revenue up
Jobs up
Keep more of our money
Growth up
Yeah its horrible
Lies damn lies and statistics
Nobody believes you -
Tariffs are a separate issue. Tax cuts were good. Tariffs, no. Fucking stupid. People who think a trade deficit is something that needs to be “solved” are fucking idiots. Rich countries have trade deficits. Poor countries have surpluses. Check the facts.GDS said:
Bad news for everyone unfortunately. The trump tax increase in the tariffs being paid for by middle class Americans probably partly to blameMikeDamone said:Good news for the HondoBros
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RaceBannon said:
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
I was hoping to have the government take more of my money. I’m sure they can spend it more wisely than I can. I just end up helping booze companies. Not fair.
