Sen. Manchin is just doing what he needs to get reelected in his state.
When it comes down the the point, isn't that what all politicians do?
Gotta keep that seat and all the benefits that come with it.
Sen. Manchin is just doing what he needs to get reelected in his state.
Bullshit
Complete bullshit, not even close
Steeltime's economic report - since the media nowadays never report anything about the economy. Well, anything other than facts about Russia's economy.
Unemployment
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The United States unemployment rate beat projections and fell to 3.9%, the third time it was under 4.0% in four months. The new normal? Seems to be.
Labor Participation Rate
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United States labor participation rate remained a steady 62.9% in July. The "new normal" reversed a long-time decline in the labor participation rate under Obama, which saw the participation rate fall from 66.2% when he took office to 62.7% his last month in office. Labor participation declined by 3.5% under Obama. Remember 21 telling us that was only because the population was getting older, the trend would not reverse, the economy would not and indeed could not see 4% or 5% GDP growth because we did not have enough potential employees?? Yeah, I remember that.
Wrong on all counts, 21.
The Types of Jobs - Full or Part-Time?
Good news here as well. Full-time employees as of July, 2017: 126 million. Full-time employees as of July, 2018: 129 million. That's more.
Part-time employees as of July, 2017: 27.6 million. Part-time employees as of July, 2017: 26.9 million. That's less.
https://www.bls.gov/web/empsit/cpseea06.htm
So what's happening is that the jobs added the past year under Trump are full-time jobs, not the bullshit part-time jobs Obama crowed about. Somebody tell Ocasio-Imbecile.
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Huh ... look at that. Full-time employment booming.
Oh, and to the "It's the great Barack Hussein who brought this about ..." - not so much. March 8, 2013 - four years into the "Obama recovery":
One of the more unsettling trends in this recovery has been the rise of part-time work. We are nowhere near recovering the jobs lost in the recession, and the track record looks even worse when you consider that so many of the jobs lost were full time, whereas so many of those gained have been part time.
Compared with December 2007, when the recession officially began, there are 5.8 million fewer Americans working full time. In that same period, there has been an increase of 2.8 million working part time. Part-time workers — defined as people who usually work fewer than 35 hours a week — are still a minority of the work force, but their share is growing.
https://economix.blogs.nytimes.com/2013/03/08/the-rise-of-part-time-work/
Look at that. Tibs bemoans the fact that Trump works 25 hours per week. He loved the fact that Barry worked 60 hours per week. Funny how full-time Barry oversaw the massive increase in part-time jobs, while part-time MAGA has led an explosion in full-time employment.
Pelosi must be crushed. Well, we in private industry who pay for all the **** are thrilled, but I mean, don't we just wish all of us had part-time jobs, relying on government largess, so that we could paint and write poetry??
Inflation
Hey, a booming economy, with increased labor participation, increased full-time employment, must be accompanied by increased inflation. Right? Not so much. During Trump's economy, inflation has remained between 1.8% and 2.4%. Barry's last year in office saw 2.2% inflation, with less economic growth - much less.
https://data.bls.gov/timeseries/CUUR0000SA0L1E?output_view=pct_12mths
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Home Ownership
A driving force in a healthy economy is home ownership. Increasing home ownership brings about construction jobs, and increased wealth to home owners. Home ownership is flourishing under Trump:
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Wow, would you look at that?? Boomin' Barry's economy saw home ownership of 62.9% in July, 2016 while that crazy MF'er Trump has completely ruined that by overseeing home ownership of ... 64.3% last month?!? Who'd a thunk it?
"The U.S. homeownership rate rose in 2017 for the first time in 13 years, driven by young buyers who overcame rising prices, tight supply and strict lending conditions to purchase their first homes.
https://www.wsj.com/articles/homeownership-rate-rises-in-2017-for-first-time-since-2004-1517334537
Wait, what?? The increase in home ownership is the product of YOUNG PEOPLE buying homes?? But I thought Trump hated the young. Well, not as much as the Mexicans, but still ... seems to refute that meme.
Median Income
Now here's where Boomin' Barry, hero of the poor and struggling, wins, right? I mean, he protected the poor, the downtrodden, so the data for median income under his watch MUST show that the median income consistently rose, since all he cared about was raising the poor from their homes. Well, apartments. Section 8 apartments and food stamps. So the data show ...
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Median income worse at the end of Boomin' Barry's 8 years than when he took office, while real median income is in fact actually ... well, booming under Trump. Inflation-adjusted median income now at an all-time high of $61,858, up over $1,200 since Trump took office.
Median income is a crucial barometer of economic growth, as it measures the 50% realm - half earn more, half earn less. Therefore, if the poor indeed get poorer, median income declines ... like it did under Boomin' Barry. When the poor get jobs, and get richers, median income increases - like it has under Trump.
Huh. I thought Trump hated the poor, particularly those Mexicans. And his economy seems to be benefiting them tremendously. The more you know ...
Manufacturing Jobs
Hey, remember when Boomin' Barry told manufacturing employees that "those jobs are not coming back," and that the workers should "go to school, learn new skills" - such as a degree in Vaginas and the Patriarchy or other such boomin' skills? Yeah, not so much:
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The projected manufacturing jobs for July, 2018 show a further increase, to 12.7 million manufacturing jobs. That is a massive increase over Boomin' Barry's low of 11.5 million as of 2010, and significantly better than his high level of 12.3 million as of December, 2016.
https://data.bls.gov/timeseries/CES3000000001
Oh, Barry, those jobs came back - despite you, and certainly more due to Trump than you ever expected.
Stock Market
I really don't need to post data for this, do I?? Whatever, here it is:
20,618 when Trump took office ... now 25,000.
https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart
So to sum up the Trump economy:
- Much lower unemployment, indeed record low among minorities.
- More full-time jobs, less part-time jobs.
- Increasing median income, i.e., the poor are benefiting
- More home ownership, spurred by young buyers.
- Low inflation.
- Booming stock market.
- More manufacturing jobs.
- More wealth.
I wish we were at a point in our history we could lean back and discuss economic performance after a strong Q2. Instead, we have a mob boss in the WH with people closest to him dropping like flies, being found - or pleading - guilty to federal crimes. Including crimes implicating the President himself. A President who's front and center of a DOJ/FBI special counsel inquiry dealing with conspiracy with a hostile nation and obstruction of justice. A President who routinely attacks the free press. A President who lies multiple times a day, each and every day. But yeah, the economic numbers look good, I'll give you that. That's all I got.Tibs, 21, elfie, Trog? What say you?
Tibs, you really need to be locked up in a metal institution and strapped down to gurney. You are ******* insane.
Tibs, You are ******* insane.
FOR IMMEDIATE RELEASE
Friday, August 24, 2018
Nineteen Foreign Nationals Charged for Voting in 2016 Election
Multiple Defendants Voted In More Than One Election
WILMINGTON, NC – Robert J. Higdon, Jr., United States Attorney for the Eastern District of North Carolina today announced that nineteen foreign nationals were charged with, among other crimes, voting by alien for their actions prior to and on November 8, 2016. A twentieth defendant was charged with aiding and abetting a fellow defendant in falsely claiming United States citizenship in order to register to vote.
A federal grand jury in Wilmington, North Carolina returned an Indictment charging the following foreign nationals with false claim of United States citizenship in order to register to vote, and voting by an alien:
The cases are being investigated under the newly created framework of the Document and Benefit Fraud Task Force (DBFTF) in the Eastern District of North Carolina lead by Immigration and Customs Enforcement - Homeland Security Investigations, and assisted by Enforcement Removal Operations, and the Department of State - Diplomatic Security Service. The investigation as to voting fraud is ongoing.
Makes you wonder if the abolish ICE bowel movement is about more than separating children from illegal senoritas.
Winning! Build The Wall
https://www.justice.gov/usao-ednc/pr/nineteen-foreign-nationals-charged-voting-2016-election
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.6 percent on August 24, up from 4.3 percent on August 16. After yesterday’s releases on new-home sales and costs from the U.S. Census Bureau, the nowcast of third-quarter real residential investment growth increased from -4.5 percent to -1.1 percent. After this morning’s advance durable manufacturing report from the Census Bureau, the nowcast of third-quarter real nonresidential equipment investment growth increased from 6.4 percent to 7.5 percent and the nowcast of the contribution of inventory investment to third-quarter real GDP growth increased from 1.92 percentage points to 2.03 percentage points.