Job numbers revised down bigly. Tax cuts didn’t really boost hiring
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. -
It was wigged!MikeDamone said: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. -
Eroding the middle class? You want to quantify that? I mean BO definitely hurt the middle class, that is backed up by facts.Gwad said:
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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Ha ha ha .........you are so desperate to see this economy tank. We are experiencing the highest fed revenues ever. Unemployment at an all time low. People are keeping more of their own money.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
You sad sack libs would rather see our country tank that have someone other than your candidate in the WH. How pathetic. -
You want to quantify that for us scotti or is this going to be something born of your world finance brilliance?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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The sky is always falling for the neverTrumpers like Scott and his ilk. It’s a bitch for them when the object of their deep hatred succeeds so much and that rage to find something negative keeps welling up from their gut.Bendintheriver said:
You want to quantify that for us scotti or is this going to be something born of your world finance brilliance?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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Jobs gains is but one component.RaceBannon said:Revenue up
Jobs up
Keep more of our money
Growth up
Yeah its horrible
Lies damn lies and statistics
Nobody believes you
The country is essentially operating at full employment right now. So, yeah, figures lie, liars figure.
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So he only created, what, 6 millions jobs since he was elected instead of 6.5 million (total non-farm payroll, https://www.bls.gov/web/empsit/compaes.txt) at a point where the economy is already at full employment?
Sounds horrible...
You have to love the shrillness of the orange-man-bad crowd around here, not to mention the selectivity of the data the media like to push. -
You’re right Race. The original jobs numbers were a lie. That’s the point of this thread. Also agree with you that it’s horrible.RaceBannon said:
Yeah its horrible
Lies damn lies and statistics -
Be sure to use the phrase "priming the pump"!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
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Well a trillion dollars for "shovel ready" jobs mostly went into the bank accounts of demorat congress critters like Nacy P. Steered millions into hubbies company. Many other examples. The dems are going to take our shit one way or another! You didn't earn that. build that or inherit that! It's ours!
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I'll wait for Bob to jump in and scream at you for lying.Sledog said:Well a trillion dollars for "shovel ready" jobs mostly went into the bank accounts of demorat congress critters like Nacy P. Steered millions into hubbies company. Many other examples. The dems are going to take our shit one way or another! You didn't earn that. build that or inherit that! It's ours!
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Why does a pathological liar like you Hondo pretend to care when other people lie?2001400ex said:
I'll wait for Bob to jump in and scream at you for lying.Sledog said:Well a trillion dollars for "shovel ready" jobs mostly went into the bank accounts of demorat congress critters like Nacy P. Steered millions into hubbies company. Many other examples. The dems are going to take our shit one way or another! You didn't earn that. build that or inherit that! It's ours!
Obama never once used the $2,500 savings comment on the insurance mandate bill. That was a campaign promise of single payer that he never followed through on.
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First, that quote of mine is factual. Second, you only care when you think liberals lie. You beat off when conservatives lie. HTHSFGbob said:
Why does a pathological liar like you Hondo pretend to care when other people lie?2001400ex said:
I'll wait for Bob to jump in and scream at you for lying.Sledog said:Well a trillion dollars for "shovel ready" jobs mostly went into the bank accounts of demorat congress critters like Nacy P. Steered millions into hubbies company. Many other examples. The dems are going to take our shit one way or another! You didn't earn that. build that or inherit that! It's ours!
Obama never once used the $2,500 savings comment on the insurance mandate bill. That was a campaign promise of single payer that he never followed through on. -
Fucking liar. Obama never campaigned on single payer and I already provided you a video from 2009 after Obama was elected President where he said Obamacare would save people on average $2,500 on their insurance premiums.2001400ex said:
First, that quote of mine is factual. Second, you only care when you think liberals lie. You beat off when conservatives lie. HTHSFGbob said:
Why does a pathological liar like you Hondo pretend to care when other people lie?2001400ex said:
I'll wait for Bob to jump in and scream at you for lying.Sledog said:Well a trillion dollars for "shovel ready" jobs mostly went into the bank accounts of demorat congress critters like Nacy P. Steered millions into hubbies company. Many other examples. The dems are going to take our shit one way or another! You didn't earn that. build that or inherit that! It's ours!
Obama never once used the $2,500 savings comment on the insurance mandate bill. That was a campaign promise of single payer that he never followed through on.
Hondo's defense of the fact that he is a pathological liars is that Conservatives lie too.
