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Trump 2.0 Continues

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10 hours ago, PilotsWife said:

😂😂😂😂😂😂😂😂😂

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Speaking of Nancy Pelosi, her impeachment articles were just ripped up 😂😂😂

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1 hour ago, Jaydee said:

Speaking of Nancy Pelosi, her impeachment articles were just ripped up 😂😂😂

A witch with a capital B

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Private sector job growth blows past Wall Street's expectations in January with 291,000 added

Economists expected the private sector to add 156,000 jobs in January

 

Mild winter weather provided a significant boost to the January employment gain," Moody's chief economist Mark Zandi said in a statement. "The leisure and hospitality and construction industries in particular experienced an outsized increase in jobs."

Growth was spread across a swath of sectors, boosted by the services-providing sector, which accounted for 237,000 new positions created last month, while the goods-producing sector added 54,000.

In particular, construction posted a 47,000 bounce, the best monthly gain since April. The manufacturing sector expanded its payroll by 10,000. Education and health services also accounted for 70,000 jobs, while the leisure and hospitality sector added 96,000 to the total number.

Leisure and hospitality and construction are among the most sensitive industries to weather, Zandi said during a conference call with reporters.

HOUSING OUTLOOK 2020: A 'GOOD YEAR TO PURCHASE,' EXPERT SAYS

"My guess is that extracting from the vagaries of this data, and it goes beyond weather, underlying job growth is probably somewhere around half the size of the January gain, probably around 150,000 jobs." That estimate, he said, is stable enough to maintain a record-low level of unemployment.

Wednesday's report included a slight downward revision in December's numbers. The ADP Research Institute said the private sector added 199,000 two months ago, down from the 202,000 jobs initially reported.

https://www.foxbusiness.com/markets/private-sector-job-growth-adp-january

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"I think it was a new low. I wasn't sure if [Pelosi] was ripping up the speech, or ripping up the Constitution."

Vice President Mike Pence

 

Edited by Jaydee

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13 minutes ago, Jaydee said:

Private sector job growth blows past Wall Street's expectations in January with 291,000 added

Economists expected the private sector to add 156,000 jobs in January

 

Mild winter weather provided a significant boost to the January employment gain," Moody's chief economist Mark Zandi said in a statement. "The leisure and hospitality and construction industries in particular experienced an outsized increase in jobs."

Growth was spread across a swath of sectors, boosted by the services-providing sector, which accounted for 237,000 new positions created last month, while the goods-producing sector added 54,000.

In particular, construction posted a 47,000 bounce, the best monthly gain since April. The manufacturing sector expanded its payroll by 10,000. Education and health services also accounted for 70,000 jobs, while the leisure and hospitality sector added 96,000 to the total number.

Leisure and hospitality and construction are among the most sensitive industries to weather, Zandi said during a conference call with reporters.

HOUSING OUTLOOK 2020: A 'GOOD YEAR TO PURCHASE,' EXPERT SAYS

"My guess is that extracting from the vagaries of this data, and it goes beyond weather, underlying job growth is probably somewhere around half the size of the January gain, probably around 150,000 jobs." That estimate, he said, is stable enough to maintain a record-low level of unemployment.

Wednesday's report included a slight downward revision in December's numbers. The ADP Research Institute said the private sector added 199,000 two months ago, down from the 202,000 jobs initially reported.

https://www.foxbusiness.com/markets/private-sector-job-growth-adp-january

While you are correct in posting that the U.S. economy is creating jobs, you have to take the spin out of it and look at the actual figures.

Jobs are being created, but they are 'MC-Jobs'.  The most important sectors like mining, manufacturing, and transportation are losing big time.

Good for the corporations in getting more low wage work force, bad for the people who are being forced to work multiple jobs to afford to live.

https://www.bls.gov/web/empsit/ceshighlights.pdf

 

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16 hours ago, Wolfhunter said:

So how's that working for ya?.

Do you want to be right or do you want to win? Does California stand as a model to be emulated across the country?

After you (they/them) win, they can show all of us how it's done. But to get there, they have to appear sane. If the California model was working, and not teetering on the brink of the abyss, I might support some of their other initiatives.

So, if you are worried about fiscal responsibility, consider the cost of those things being floated by the 2020 contenders and don't fall into the trap of thinking the 1% will pay. How's that one been working for ya to date. I bet it's been about as effective as "trimming the fat."

The only question people should be asking themselves is "what am I willing to pay?" Not deciding is a decision to increase the debt. Wanting more while lowering taxes and STILL not being willing to pay has a similar effect. Try it at home. Life is short.... buy the boat.

PS. I actually found an author who shares my opinion:

https://peelerassociates.com/do-you-want-to-be-right-or-do-you-want-to-win/

How's it working?

Well, the stock markets are proving that the 1% is doing very well, and the job market is proving that the average joe now has to work more jobs to afford to live.

Just my opinion, the acquittal has shown through the stock markets that the 'ruling class' is happy because the path of less regulation is going to allow for more low wage jobs and the continued removal of regulations ensuring we have a clean environment to live and work in. Very profitable.

 

 

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6 minutes ago, deicer said:

While you are correct in posting that the U.S. economy is creating jobs, you have to take the spin out of it and look at the actual figures.

Jobs are being created, but they are 'MC-Jobs'.  The most important sectors like mining, manufacturing, and transportation are losing big time.

Good for the corporations in getting more low wage work force, bad for the people who are being forced to work multiple jobs to afford to live.

Sounds familiar.....Isn"t this the economic situation we have in Canada??? You defend Trudeau for the great handling of the economy [while our resource industry tanks] but rip Trump for the low wage economy...what is the difference???

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9 minutes ago, st27 said:

Sounds familiar.....Isn"t this the economic situation we have in Canada??? You defend Trudeau for the great handling of the economy [while our resource industry tanks] but rip Trump for the low wage economy...what is the difference???

You are correct.  The only difference is that Canada isn't accelerating down that path as fast as the U.S.  

Overall, we are doing much better by comparison.

https://www150.statcan.gc.ca/n1/daily-quotidien/191206/dq191206a-eng.htm

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https://thebeaverton.com/2020/02/us-senate-confirms-committing-crimes-not-illegal/

WASHINGTON – Senate Republicans have confirmed that the crimes committed by US President Donald Trump, including abuse of power and obstruction of Congress, were not illegal.

In a 53-47 vote, criminal bribery, fraud, and criminal conspiracy were declared as decent and predictable actions for any normal leader of a democracy.

Majority Leader Mitch McConnell explained that while attempting to bribe a Ukrainian leader to dig up dirt on your opponent may look bad, it’s perfectly safe in the eyes of partisan interests.

“These actions are good crimes, not bad crimes,” explained McConnell cracking a champagne bottle to celebrate the victory of senselessness over the rule of law. “These good crimes will continue to be legal for a President so long as he’s Donald Trump.”

The Senate also voted 52-48 to pardon Trump for any of his future crimes, which are expected throughout the 2020 election and possible second term.

“I’ve always wanted to live in a Hobbesian state of nature,” said Senator Lindsey Graham. “Now all of America gets to join me.”

The Senate washroom will now use the 229-year-old US Constitution as its toilet paper.

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32 minutes ago, deicer said:

Well, the stock markets are proving that the 1% is doing very well

You conveniently forget that your PENSION FUND  are also the main benefactors of the stock market performance

Edited by Jaydee
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6 minutes ago, Jaydee said:

You conveniently forget that your PENSION FUND  are also the main benefactors of the stock market performance

You're right, mine is.  I was the last of a generation though.

Ask anyone under the age of 40  how their pension is doing....

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38 minutes ago, deicer said:

Ask anyone under the age of 40  how their pension is doing....

Yes we know...it’s all Trumps fault...message received.

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49 minutes ago, Jaydee said:

it’s all Trumps fault

As is the pending sale of Alaska to the Russians and the melt down in Iowa. 

Edited by Wolfhunter
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And it's all such a huge and unexpected surprise.

Who could possibly have anticipated that this would turn out badly?

Edited by Wolfhunter

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5 hours ago, Jaydee said:

Yes we know...it’s all Trumps fault...message received.

No, no it isn't Trumps fault.

One has to go back to that other good republican, Ronald Regan.

It was him and his buddies Mulroney and Thatcher that put the globe on a trajectory to concentrate wealth like we have seen it happen.

Markets today are only doing good because Trump is continuing the hard work of enriching the 1%.

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16 minutes ago, deicer said:

No, no it isn't Trumps fault.

One has to go back to that other good republican, Ronald Regan.

It was him and his buddies Mulroney and Thatcher that put the globe on a trajectory to concentrate wealth like we have seen it happen.

Markets today are only doing good because Trump is continuing the hard work of enriching the 1%.

You forgot Abraham Lincoln, Franklin D. Roosevelt, George Washington and William Lyon Mackenzie King.

It’s scary to think you might actually believe what you just wrote.

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14 minutes ago, Jaydee said:

You forgot Abraham Lincoln, Franklin D. Roosevelt, George Washington and William Lyon Mackenzie King.

It’s scary to think you might actually believe what you just wrote.

Maybe you should go back and reread your history,,,,

Lincoln freed the slaves, Roosevelt created the New Deal, Washington created a 'free' country, and Mackenzie King overturned the tariffs which caused damage instituted by the conservative Bennett.

Things which benefit the people, unlike conservative policies.

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1 hour ago, deicer said:

it was him and his buddies Mulroney and Thatcher that put the globe on a trajectory to concentrate wealth like we have seen it happen.

 

1 hour ago, deicer said:

Maybe you should go back and reread your history,,,,

Indeed. 

The effects of the 1% go back in time. Marcus Crassus, Pompey Magnus, the Triumvirate and all of their cronies takes us back to  circa 55-58 BC. 

Slaves helped build the White House. George Washington, Thomas Jefferson, James Madison, James Monroe, Andrew Jackson( and others) owned slaves.

Surely there comes a time to move on. Maybe we can get JT to apologize.... that way we can all move past it. Since 58 BC politicians have been talking about making the 1% pay. I'm rooting for ya but (being retired and all), time is getting short. When do you see this happening?

 

 

 

Edited by Wolfhunter
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