March Job reports crushes ecpectations!!!
Comments
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Even FOX is trying to give the credit to Daddy for this jobs report. Good luck the rest of the way, ladies.
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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.
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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.
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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.
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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….
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If your adjustments are always in one direction, your model needs to be examined.
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I think they actually revised February numbers slightly upward after the December/January revision bloodbaths.
Regardless we are losing badly on the following:- inflation
- MFG jobs
- Gdp/Fed spending
- PSFTE
- Energy/grocery costs
- New home construction/purchases
- CPI
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We've done poorly on manufacturing jobs for 50 years
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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?
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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?
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My thoughts are the fed won’t cut rates this year and that tells you everything you need to know about inflation
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Wrong again little guy. Germany does it.
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German manufacturing is also a considerably smaller share of the German economy than it was in the recent past.
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Im correct Bill. You're living in fantasy land if you think we can manufacture in the US while offering the same prices. Tell me mathematically how that works out. You can't just make lower costs out of thin air bro. I'd love to see you back up your mouth with facts that you've researched that makes this possible.
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You can manufacture with better trade agreements and politicians who actually put US needs first.
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We have no manufacturing and higher prices
Good job morons
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German manufacturing is still about 18.5% of GDP. US is 10.3. It can be done. Globalists just don't like it and hot shots like Al Bundy's dog think it's passe.
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If we had free trade, then I'd listen. But we don't. If a US company steals a Chinese patent then it will get its ass sued off in the US. If a Chinese company steals a US patent or trademark it generally has very little US assets. Suing in the US accomplishes nothing including trying to get the Chinese to show up in US court. On the other hand, suing in China is generally a lost cause. You would think that an employee like Buck who allegedly works for Amazon would be aware of the massive amounts of stolen patented and trademark Chinese stuff that Amazon sells. Amazon sort of tries to keep it honest but you knock one knockoff off, the Chinese manufacturer just changes the name and keeps selling on Amazon. Same with eBay. The Euros totally freaked when Trump demanded that its high tariffs on US goods be equivalent to US tariffs.
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Take it up with the BLS. I realize you only read MSN for news. They are super reliable after all.
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Lol US oil producers can never compete at $50 a barrel potd!
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”ecpectations”
Spaz was so fired up to rush to the Tug and post this non-news that he forgot how to spell and didn’t even notice it during the edit period.
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Germany is also Putin’s cockholster for how much cheap energy they purchase from Vlad as we spend NATO dollars protecting Germany from … Vlad.
Thanks for the reminder.
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You don't understand what a confidence interval is but want a mathematics explanation. OK!
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Can't run a mill without timber. Obviously, the laid off employees need to buy some Nvidia stock with their unemployment and pre-buy their Sugar Bowl tickets. Green gaia religionists take some more scalps from people they hate. Freezing in the dark is good for planet. Nukes and LNG are bad. Chicom coal is something we don't want to talk about.
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Democrats are destroying the middle class and small businesses.
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It's funny when allegedly educated people claim a prosperous middle class is the inevitable result of reduced taxes, small government and minimal regulation.
It's an ahistorical worldview.
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buck is a huge fag
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H finds that the middle class prospers when small LLCs and S-Corps are taxed more by Democrats and even forcibly closed by Democrats as part of an election fraud plan that was laughably obvious, yet when you own the jurisdictions where complaints can be filed, those Democrats disbar your attorneys and harass/bankrupt the complainants.
Piece of shit.
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So government created the middle class then?