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Old 08-03-2017, 12:36 PM  
Prison Bitch Prison Bitch is offline
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Atlanta Fed confirms: the "Trump Boom" is here

During his nomination speech, God-Emperor said "I alone can fix it". Turns out, he was right:


#BUSINESS NEWS BREAKING
AUGUST 3, 2017 / 11:30 AM / 2 HOURS AGO
Atlanta Fed estimates U.S. third-quarter GDP growing at 4.0 percent



NEW YORK (Reuters) - The U.S. economy is on track to expand at a 4.0 percent annualized pace in the third quarter with inventory investment contributing 1.12 percentage points to growth, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday.

http://www.reuters.com/article/us-us...KBN1AJ2E8?il=0
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Old 08-05-2017, 03:37 AM   #76
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It's true. His base isn't going away. The economic gains this country is making will only further embolden them and add additional support to his campaign from people who were on the fence.

The only liberal response is going to be some discount Hillary propped up by further claims of racism and social justice pandering, and that already failed once.
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Old 08-05-2017, 09:02 AM   #77
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Old 08-05-2017, 02:06 PM   #78
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Old 08-05-2017, 02:56 PM   #79
Lex Luthor Lex Luthor is offline
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Quote:
Originally Posted by Prison Bitch View Post
During his nomination speech, God-Emperor said "I alone can fix it". Turns out, he was right:
When GDP goes up during the first year of a Presidency, is it because the brand new President has magically fixed it?

If that's the case, maybe you should rethink your hatred for Trump's predecessor.

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Tonight, Trump accused the press of “making up sources.” John Miller, John Barron, and David Dennison had no comment.
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Old 08-05-2017, 04:48 PM   #80
Prison Bitch Prison Bitch is offline
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Ok. I'll play: Obummer lost 4.3M (!) jobs between Jan 20 2009 and the end of the year:
http://mollysmiddleamerica.blogspot....ffice.html?m=1
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Old 08-09-2017, 09:25 PM   #81
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I saw the other day on CNBC that there are now more job openings in the US than any other time since they started keeping the stats 17 years ago.

#BUSINESS NEWSAUGUST 8, 2017 / 7:35 AM / A DAY AGO
U.S. job openings at record high; labor market tightening

https://www.reuters.com/article/us-u...-idUSKBN1AO1OP

WASHINGTON (Reuters) - U.S. job openings jumped to a record high in June, outpacing hiring, the latest indication that companies are having trouble finding qualified workers.

The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department on Tuesday also underscored labor market strength that will likely encourage the Federal Reserve to continue tightening monetary policy despite benign inflation and concerns about consumer spending.

"Companies are running out of workers to hire to do the job or even train to do the work, and this is a ticking time bomb for economic growth," said Chris Rupkey, chief economist at MUFG in New York. "Today's JOLTS data bring a September meeting balance sheet unwind announcement a little closer to reality."

JOLTS, is one of the job market metrics on Fed Chair Janet Yellen's so-called dashboard. Economists expect the U.S. central bank will announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its next policy meeting in September.

Tame inflation and worries about consumer spending amid tepid wage growth and faltering motor vehicle sales, however, suggest the Fed will delay raising interest rates again until December. It has increased borrowing costs twice this year.

Job openings, a measure of labor demand, increased by 461,000 to a seasonally adjusted 6.2 million. That was the highest level since the data series started in December 2000 and pushed the job openings rate up two-tenths of a percentage point to a near one-year high of 4.0 percent.

The monthly increase in job openings was the largest since July 2015. The surge in job openings was almost broad-based.

There were 179,000 additional vacancies in the professional and business services industries. The health care and social assistance sector had 125,000 more job openings and construction companies had an additional 62,000 unfilled positions. In June, job openings were concentrated in the Midwest and West regions.

SKILLS MISMATCH

The ratio of job openings to unemployment hit a 16-year high. Hiring was little changed at 5.4 million in June, leaving the hiring rate steady at 3.7 percent.

The gap between job openings and hiring points to a skills mismatch, which was also corroborated by a separate report on Tuesday from the National Federation of Independent Business.

The NFIB survey showed job openings at a 16-year high in July. Small businesses cited a lack of skills as the main reason for the vacancies. Others also blamed "unreasonable" wage expectations, attitude, appearance as well as drug addiction for disqualification of job seekers.

Economists are optimistic that tightening labor market conditions will spur faster wage growth. Annual wage growth has struggled to break above 2.5 percent, contributing to inflation persistently running below the Fed's 2 percent target.

"The JOLTS report continues what has been a reasonably strong run for the labor market data, and we expect continued improvement in the job market to keep upward pressure on wages," said Daniel Silver, an economist at JPMorgan in New York.

Other details of the JOLTS report were mixed. About 3.1 million Americans voluntarily quit their jobs in June, down from 3.2 million in May. As a result, the quits rate, which the Fed looks at as a measure of job market confidence, dipped to 2.1 percent from 2.2 percent in May.

Layoffs rose 28,000 to 1.7 million in June, lifting the layoffs rate one-tenth of a percentage point to 1.2 percent.

"Layoff rates are historically low. But the recent increase may be worth watching," said Jed Kolko, chief economist for job site Indeed in San Francisco.
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Old 08-09-2017, 10:44 PM   #82
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Yup... "Would you like fries with that?"
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Old 08-09-2017, 10:47 PM   #83
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Yup... "Would you like fries with that?"
No, that was Obama.
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Old 08-09-2017, 10:50 PM   #84
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No, that was Obama.
Says you...
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Old 08-09-2017, 11:17 PM   #85
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2 of my sons are self employed. One has a medical supply business with a global market and hires low skilled people. The other has a service business and he hires technicians at a pretty high salary.

Both are having trouble finding people to work. Either they are too lazy and want to remain in mommy's basement or don't have the skills required.

There are plenty of jobs available although not too many that pay a lot but require no skills.
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Old 08-10-2017, 07:41 AM   #86
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When employers talk about "skills gap" i call bullshit.


It's called Training. Every company in world history has trained their workers. Americans are unique in expecting pre-trained workers..
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Old 08-30-2017, 09:18 AM   #87
Prison Bitch Prison Bitch is offline
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GDP revised up for Q2 today, 2.7% now at 3.0%


GDPNow forecasting even larger Q3 at 3.4%


So much goddamn winning.
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Old 08-30-2017, 09:31 AM   #88
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I am literally in a comatose state from all the winning.
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Old 08-30-2017, 09:40 AM   #89
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Originally Posted by Prison Bitch View Post
GDP revised up for Q2 today, 2.7% now at 3.0%


GDPNow forecasting even larger Q3 at 3.4%


So much goddamn winning.
Thanks, Obama economy.

These numbers under Obama were called "shitty."
I guess Trumpsters have changed their minds.
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Old 08-30-2017, 10:08 AM   #90
Prison Bitch Prison Bitch is offline
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Thanks, Obama economy.

These numbers under Obama were called "shitty."
I guess Trumpsters have changed their minds.
We can all agree things are going great right now, whomever you want to credit.



So: if Libs wanna rock this boat and create a mass disruption by impeaching Trump, they'd be putting Party ahead of Country. Why would they do that Cosmo?
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