Wow — today’s jobs report

[davidallen]

Last 50 years from the bureau of labor statistics.

Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over

From: https://data.bls.gov/pdq/SurveyOutputServlet


I kind of get your point, and do not fully disagree, but there were multiple recessions during the last 50 years without the same or similar trends as the past 10 years. There is a clear, albeit slight, trend back upwards, though. Economics are not my thing, so I will gladly admit ignorance at the intracacies, but I am good and trend data.

Hadn't looked at late 60's that would be interesting... Thanks for broadening the view!

 

[JohnVoight]

It’s not very complicated.

Historically, the greater the recession the greater recovery. The recovery after the Great Recession was one of the slowest on record with Obama’s meddling economic czars and fundamental transformation (aka more bueacracy and regulation).

Trump lowered taxes and removed regulations. A more free market approach.

Eventually there will be another recession. We’re being told all economic data indicate continued strong growth for a while. But then again I don’t remember those same economists signaling anything to worry about before the bottom fell out in 2008. Who knows.

 

[davidallen]

It’s not very complicated.

Historically, the greater the recession the greater recovery. The recovery after the Great Recession was one of the slowest on record with Obama’s meddling economic czars and fundamental transformation (aka more bueacracy and regulation).

Trump lowered taxes and removed regulations. A more free market approach.

Eventually there will be another recession. We’re being told all economic data indicate continued strong growth for a while. But then again I don’t remember those same economists signaling anything to worry about before the bottom fell out in 2008. Who knows.

Funny, despite all that "meddling" the job growth rate was higher under Obama than the past 17 months. Given your simple explanation, how can that be?

The Jobs Recovery: A Longer View https://nyti.ms/2LRRKz5

 

[NZ Poke]

 

[JohnVoight]

Funny, despite all that "meddling" the job growth rate was higher under Obama than the past 17 months. Given your simple explanation, how can that be?

The Jobs Recovery: A Longer View https://nyti.ms/2LRRKz5

Interest rates rates were kept artificially low for just about the entirety of Obama’s presidency to achieve a paltry average annual GDP of 1.9% by my calculations (Source: CNN via Bureau of Economic Analysis http://money.cnn.com/gallery/news/economy/2017/01/06/obama-economy-10-charts-final/3.html ). Which added $10T to the national debt. I like this economy better.

 

[davidallen]

Interest rates rates were kept artificially low for just about the entirety of Obama’s presidency to achieve a paltry average annual GDP of 1.9% by my calculations (Source: CNN via Bureau of Economic Analysis http://money.cnn.com/gallery/news/economy/2017/01/06/obama-economy-10-charts-final/3.html ). Which added $10T to the national debt. I like this economy better.

You like higher rates of debt? Didn't see you as the unfettered spending type.

 

[NZ Poke]

We like #Small-Businesses doing excellent. Small businesses are the engine of our economy.


@davidallen -- remember when progressives led occupy Wall Street less than 10 years ago? What changed?


Fresh data:

Source: https://www.advisorperspectives.com...f-small-businesses-experiencing-profit-growth

 

[davidallen]

Stop dancing and expound a bit on BK as strategy... You are getting close, just not quite there. Maybe talk a bit about factors that go into pricing it into the micro rather than macro.

@CBradSmith - will take your silence here as conceding the point. Thanks for playing...

 

[CBradSmith]

@CBradSmith - will take your silence here as conceding the point. Thanks for playing...

Ignorant assumption.

Edit: Not ignorant. You're simply operating from a position of weakness and therefore posturing; throwing up a feint. Who the hell knows why. You don't strike me as fragile, but maybe you are.

 

[JohnVoight]

You like higher rates of debt? Didn't see you as the unfettered spending type.

If you’re referring to the massive spending bill Trump signed I think it’s the worst decision he’s made. With a figurative, but maybe literal gun to his head I’m sure.

I think the national debt explosion is morally wrong and indicative of our 24 hr media cycle culture. Whereas China thinks in 50 and 100 year increments.

As we all know, once an entitlement is given it’s political suicide to take it away (read my lips) so I struggle to see a way out of it with the current crop of politicians.

 

[JimmyBob]

As we all know, once an entitlement is given it’s political suicide to take it away (read my lips) so I struggle to see a way out of it with the current crop of politicians.

Gutless on both sides; only a debt crisis will force any meaningful action.

 

[davidallen]

Ignorant assumption.

Edit: Not ignorant. You're simply operating from a position of weakness and therefore posturing; throwing up a feint. Who the hell knows why. You don't strike me as fragile, but maybe you are.

So your gonna stick to serial BKer===business acumen?

 

[CBradSmith]

So your gonna stick to serial BKer===business acumen?

You gonna stick to playing stupid as fuk?

 

[anon_xl72qcu5isp39]

You gonna stick to playing stupid as fuk?

I think he deserves a response to that beyond your usual ad hominem attack.

 

[Ponca Dan]

It’s not very complicated.

Historically, the greater the recession the greater recovery. The recovery after the Great Recession was one of the slowest on record with Obama’s meddling economic czars and fundamental transformation (aka more bueacracy and regulation).

Trump lowered taxes and removed regulations. A more free market approach.

Eventually there will be another recession. We’re being told all economic data indicate continued strong growth for a while. But then again I don’t remember those same economists signaling anything to worry about before the bottom fell out in 2008. Who knows.

Virtually every free market economist on the planet signaled concerns leading up to the recession, especially the economists from the Austrian school

 

[Ponca Dan]

Virtually every free market economist on the planet signaled concerns leading up to the recession, especially the economists from the Austrian school

Ironically the same economists are the ones issuing concerns over Trump’s protectionist policies. Unfortunately they are being ignored by the interventionists just like they were back then.

 

[CBradSmith]

I think he deserves a response to that beyond your usual ad hominem attack.

Calm your tits Sys. Color me shocked that you feel that way. He's been reduced to arguing in the same manner you do... Stupidly. Disingenuously.

The issue is his lack of understanding of BK as a normal, accepted, predictable, and priced for event in business.

You can read this thread. If you tried to use "how many BKs again?" as some kind of evidence of the lack of Trump's business acumen, I'd presume you retarded as well.

But you, he, some others .... are literally detached from reality right now in varying degrees. Someday, hopefully, you'll rejoin the normal folks here on earth.

 

[Alpha Poke]

 

[Rdcldad]

View embedded media

libtards nightmare begins


maga bitches

 

[Rdcldad]

View embedded media

davetard

just take a step back and read this statement again

the jab at healthcare costs are the cherry on top

this brainiac is what you vote for and who you want dictating our countries policies?

while crocheting vagina hats is the only way you read pelosis tweet with a straight face

 

[davidallen]

You gonna stick to playing stupid as fuk?

Disappointed. Bad decision on your part as it is abundantly clear you know better.

 

[davidallen]

You gonna stick to playing stupid as fuk?

Let me simplify the question for you - what risk premium would get applied for the same project with a backer with say 3 previous BKs v. one with none?

 

[CBradSmith]

Let me simplify the question for you - what risk premium would get applied for the same project with a backer with say 3 previous BKs v. one with none?

You've made no statement other than implying it's shortsighted (I guess) to surmise Trump has a level (even a high level) of business acumen due to BKs.

As is, you're wrong.

Go ahead and make your straightforward case. I'm not here to dance.

 

[anon_xl72qcu5isp39]

You've made no statement other than implying it's shortsighted (I guess) to surmise Trump has a level (even a high level) of business acumen due to BKs.

As is, you're wrong.

Go ahead and make your straightforward case. I'm not here to dance.

Were you in private business and assumed risk and created jobs and ate what you killed, you might have a different take. I understand the perspective that bankruptcy is just another business strategy if you have been stall fed your whole life.

 

[CBradSmith]

Were you in private business and assumed risk and created jobs and ate what you killed, you might have a different take. I understand the perspective that bankruptcy is just another business strategy if you have been stall fed your whole life.

It's not a "strategy" Sys, it's a tool.

Your attitude sucks. Less judginess, more facts.

 

[Alpha Poke]

It's not a "strategy" Sys, it's a tool.

Your attitude sucks. Less cvntiness, more facts.

 

[NZ Poke]

Were you in private business and assumed risk and created jobs and ate what you killed, you might have a different take. I understand the perspective that bankruptcy is just another business strategy if you have been stall fed your whole life.

Hence, below.

Doesn’t that make you happy?


Remember when “supporting local businesses” and “buying local” was important to the left?


What changed?

Source: https://www.advisorperspectives.com...f-small-businesses-experiencing-profit-growth

 

[anon_xl72qcu5isp39]

It's not a "strategy" Sys, it's a tool.

Your attitude sucks. Less judginess, more facts.

Exactly what I'm talking about.

Do you know whether he can find an american lender?

 

[CBradSmith]

Exactly what I'm talking about.

Do you know whether he can find an american lender?

I'm not certain you do know "exactly" what you're talking about.

I'm not certain you're doing anything other than doing the Derangement dance.

Less dancing, more facts.

 

[JimmyBob]

I'm not certain you do know "exactly" what you're talking about.

I'm not certain you're doing anything other than doing the Derangement dance.

Less dancing, more facts.

You're too kind; he was/is/always be a yammering magpie spewing TDS ala:

 

[davidallen]

It's not a "strategy" Sys, it's a tool.

Your attitude sucks. Less judginess, more facts.

It is a tool, especially effective when not used. Once used it has consequences. What might those consequences be?

 

[anon_xl72qcu5isp39]

 

[Alpha Poke]

Do you know whether he can find an american lender?

This is pure gold. Good lerd, you really are bunking with toon.

 

[CBradSmith]

It is a tool, especially effective when not used. Once used it has consequences. What might those consequences be?

Less dancing, David.

 

[CBradSmith]

This is pure gold. Good lerd, you really are bunking with toon.