US ECONOMY News and Discussion Thread

[The Outsider]

I've said this before, but for one he hasn't been in office long enough to significantly effect the economy. For another he hadn't done a single thing regarding economics until the budget in December.

Look at the state of business next year and you'll see whether or not Trump is hurting business.

Cool story. But where did I give him credit? I said he bullshits alot and doesn't always do what he says.

You clowns can't help yourself. It's pathetic. Do you guys whine about Trump in real life also? Or is this just your outlet?

It's only a few more years. You'll be ok.

Nah, in real life I'm an ultra-religious neo-con.

[RedLeader]

Forbes richest 2018


1 Jeff Bezos $112bn (first to appear on list w/ 12-figure fortune)
2 Bill Gates $90bn
3 Warren Buffett $84bn
4 Bernard Arnault $72bn
5 Mark Zuckerberg $71bn
6 Amancio Ortega $70bn
7 Carlos Slim Helu $67.1bn
8 Koch brothers $60bn each
10 Larry Ellison $58.5bn

[mdb1958]

Forbes richest 2018


1 Jeff Bezos $112bn (first to appear on list w/ 12-figure fortune)
2 Bill Gates $90bn
3 Warren Buffett $84bn
4 Bernard Arnault $72bn
5 Mark Zuckerberg $71bn
6 Amancio Ortega $70bn
7 Carlos Slim Helu $67.1bn
8 Koch brothers $60bn each
10 Larry Ellison $58.5bn

Hey Google! How much does amazon buy from alibaba?

[RedLeader]

[The Outsider]

That artwork is pretty hilarious.

[RedLeader]

The U.S. added a robust 313,000 jobs in February, far exceeding the 200,000 predicted by a Reuters survey of economists. Unemployment stayed at 4.1%, while wage growth grew 2.6% year-over-year — slightly below the expected 2.8%. Increased labor-force participation may be contributing to stagnant wages, says Bloomberg; that figure rose to 63%.

[Zarniwoop]

That’s great news all around, particularly the part about labor participation increasing.

In addition Jan and Dec job numbers were revised up

[bucfanclw]

I especially like how wage growth is dropping even though all the news was about how companies were increasing pay in response to tax cuts. In fact, while Trump was complaining on the campaign trail about how bad the economy was doing, we had larger job growth matched with 4% wage growth.

MAGA indeed.

[RedLeader]

I especially like how wage growth is dropping even though all the news was about how companies were increasing pay in response to tax cuts. In fact, while Trump was complaining on the campaign trail about how bad the economy was doing, we had larger job growth matched with 4% wage growth.

MAGA indeed.

Meh... At least you seem to be moving on from,

“Trump hasn’t done ANYTHING to affect this economy”...

to

“Trump isn’t doing ENOUGH to affect the economy!”...

lol.



Progress...

[bucfanclw]

I especially like how wage growth is dropping even though all the news was about how companies were increasing pay in response to tax cuts. In fact, while Trump was complaining on the campaign trail about how bad the economy was doing, we had larger job growth matched with 4% wage growth.

MAGA indeed.

Meh... At least you seem to be moving on from,

“Trump hasn’t done ANYTHING to affect this economy”...

to

“Trump isn’t doing ENOUGH to affect the economy!”...

lol.



Progress...

And you're admitting the economy was doing well under Obama... progress.

[RedLeader]

Meh... At least you seem to be moving on from,

“Trump hasn’t done ANYTHING to affect this economy”...

to

“Trump isn’t doing ENOUGH to affect the economy!”...

lol.



Progress...

And you're admitting the economy was doing well under Obama... progress.

Ummmm. Okay lil guy. Whatever you need to tell yourself. Lol.

[RedLeader]

Black unemployment falls to second-lowest level on record in February


The unemployment rate for black Americans fell back down to an historic low in February, after spiking up in January.

http://www.washingtonexaminer.com/black ... le/2651148

[The Outsider]

I'm giving the credit solely to Black History Month.

[Zarniwoop]

Aliens

[Buc2]

Aliens

[RedLeader]

Haha.. I'm sure Hollywood will try to take credit for it somewhere... lol



#blackpanther

[Zarniwoop]

Well they are creating lots of jobs by hiring lots and lots of lawyers and publicists recently

[RedLeader]

A Wall Street Journal chart on US labor participation rates.



"The overall rise and its drivers were positive elements of Friday’s strong jobs report.

Continued broad-based increases would boost both the demand and supply side of the economy; and they would also entail important social benefits. "

[RedLeader]

California lost 9,000 business HQs and expansions, mostly to Texas, 7-year study says

Roughly 9,000 California companies moved their headquarters or diverted projects to out-of-state locations in the last seven years, and Dallas-Fort Worth has been a prime beneficiary of the Golden State’s “hostile” business environment.

https://www.bizjournals.com/dallas/blog ... MkZA%3D%3D

[Buc2]

California lost 9,000 business HQs and expansions, mostly to Texas, 7-year study says

Roughly 9,000 California companies moved their headquarters or diverted projects to out-of-state locations in the last seven years, and Dallas-Fort Worth has been a prime beneficiary of the Golden State’s “hostile” business environment.

https://www.bizjournals.com/dallas/blog ... MkZA%3D%3D

It’s typical for companies leaving California to experience operating cost savings of 20 up to 35 percent, Vranich said.

[bucfanclw]

An article from 2015 is "News" now?

[Buc2]

An article from 2015 is "News" now?

The year matters? You read it back then? Did things get better, or do we need to find a 9 year study?

[deltbucs]

An article from 2015 is "News" now?

LOL!!

[bucfanclw]

An article from 2015 is "News" now?

The year matters? You read it back then? Did things get better, or do we need to find a 9 year study?

Well considering the job creation, GDP growth, and income growth rates in California are some of the best in the nation, I'd say they're doing just fine. The 9000 businesses accounted for less than 7% of businesses based in California and is not a net figure. Businesses move all the time. Some moved TO California. But every few months I see this article brought up by conservatives that love to hate on California as their sole proof that it's supposedly a terrible place to run your business.

[The Outsider]

1 trillion added to the deficit by the Trump admin in just 14 months! #winning #fiscalresponsibility

[Mountaineer Buc]

Parent company of Winn-Dixie files Chapter 11

Toys R Us to close all stores.

[Buc2]

Without offsetting cuts, we all knew that tax plan would increase the deficit. While I'm not surprised by that, I must ask, where are the offsetting cuts needed to make this, at the least, net zero? I mostly blame Congress.

[Zarniwoop]

Without offsetting cuts, we all knew that tax plan would increase the deficit. While I'm not surprised by that, I must ask, where are the offsetting cuts needed to make this, at the least, net zero? I blame Congress.

I blame everyone. Everyone has a hand in this. The President, Congress. Voters.

We are all showing time and time again we don’t care.

[Buc2]

Without offsetting cuts, we all knew that tax plan would increase the deficit. While I'm not surprised by that, I must ask, where are the offsetting cuts needed to make this, at the least, net zero? I blame Congress.

I blame everyone. Everyone has a hand in this. The President, Congress. Voters.

We are all showing time and time again we don’t care.

I edited to say I mostly blame Congress, but you beat me to it. But, yeah...there's blame to lay at the feet of many.

[The Outsider]

All I'm saying is that if people want to give Trump credit for good things in the economy they should also give him responsibility for the bad.

Of course it's mostly the legislature when it boils down to it. I'd be surprised if Donny knew enough about economics to even have an original thought on the matter.