US economy adds 353,000 jobs in January
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no. our increase in all things had zero to do with the world's economies. the far left took over and promised to be transformative creating the largest safety net in history. the stimulus and endless stays contributed significantly to where we are today. that was far left progressive policy under the guise of covid etc. i can only imagine where we'd be without manchin
it was just a cash cow give away pandering to the far left. what's more our draconian covid response wiht unneccessarily prolonged shutdowns and remote work contributed significantly as well. and make no mistake that too was policy
we needed someone who was competent and measured. it wasn't time to try and be transformative given the conditions. but that's biden. he's demonstrated over and over again that he has no idea what he's doing. or as manchin said perhaps it's just hte far far left people he has surrounded himself with who are calling the shots
America's real estate market could see a $1 trillion default wave as things turn 'very ugly,' billionaire CEO says
"It's going to be a very, very ugly market owning real estate over the next 18 months to two years," Cantor Fitzgerald chief Howard Lutnick said.www.businessinsider.com
Right or wrong, they chose to fight a recession. They got inflation. If we had done nothing and had a recession you would be mad. Many countries are in recession, or at least a downturn.
I have shown serious numbers that we have under built housing since 2008. That is a significant part of the problem.
jobs aren't the problem. people are working multiple jobs to get by. the cost of everything is the problem
Not touting Biden, but look at China, look at Germany, look at the UK, Russia. Heck, Iran has 40% inflation. Japan "likely returned to growth in the 4th quarter". We are beating, sometimes crushing almost every g20 country. I haven't looked to all of them, so someone might be doing better.
The president gets too much blame, and too much credit, on the economy. I am not saying Biden is doing miracles. I am saying the US is.
a significant part of the problem is also the draconian covid bs that gave rise to remote work that inflated housing costs as well. it's just been three really, really bad years of governance. joe biden has no idea what he's doing. it's as simple as that. and again i won't agree with you on fighting a recession. he came out and said he wants to create the largest safety net. left wing political agenda was the motivation and we're feeling the consequences
The beaches are outstanding. The water is beautiful. The water just never gets warm. Always cold.
1/5 of all jobs added in 2023 were in government.
Beautiful! We should all work for the government. Then everyone will have a job.
Beautiful! We should all work for the government. Then everyone will have a job.
In my area of Florida, a driver of home price escalation seems to be the well-off buying a second home to monetize ovia airbnb, VRBO, etc. or moving to a home with a mother-in-law suite to rent it out.
My neighborhood has 5 or so airbnb properties listed. Before last year it was always zero, to my knowledge.
My neighborhood has 5 or so airbnb properties listed. Before last year it was always zero, to my knowledge.
I mean, they are nice, but outstanding is a bit much. You nailed the problem with the water. Can only swim in the smaller lakes.
I try to avoid responding to you because of your frequent histrionics and argumenta ad nauseam, but I'll make an exception here.
Larry Kudlow, a guy who served in the Trump administration and knows exponentially more about economics than you, is willing to give the current administration props but you're not.
Your multiple-times-a-day "in spite of biden" mantra becomes more nonsensical the more you say it. Repeating the same BS over and over doesn't make it true.
I heard some guy describing it as a "legit laxative". 😆
this is rich from the guy who posts daily about trump and gets almost nothing right on this board. cites crime stats improving without even recognizing they aren't being reported. Normal posters like ranger and npt even call out your endless bs. You’re in league with hickory liking each other’s posts. That should be a wake up call. half the country has less than $500 in savings. credit card debt is at an all time high. People can’t afford rent. countless articles reflect the increase in everything attributed to this administration. the reality is that your obsession with all things discounting trump has colored your ability to live in reality. "the economy" wake up dude.
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I should have been more clear, the report I refer to did state private sector jobs, not jobs associated with the government. Government created jobs account for a large portion of new employment.
Hell my own father retired early to take a government job, paid him full time salary for a P/T job. He fished all the time, I told him he had 17 years on a gravy train.
In this report, for January, it was 36K out of 356K, or ~10%
Where the jobs are link:
https://www.cnn.com/business/live-n...y-02-02-24/h_3d28564c93ebc2a3f4c757d06ab4ce81
sectors with highest job growth:
#1 Education and health services
#2 Professional and business services
#3 Retail trade
#4 Government
#5 manufacturing
#6 transportation
the economy... here's reality. real terms. rent. not even to buy a new home with the exorbitant costs people can't even afford rent because all of these "jobs" you're so happy about as tdhoosier related are shit and don't pay enough to survive
Americans can't even afford rent
Americans are struggling to pay their rents this month, according to a new report from Harvard University's Joint Center for Housing Studies.
www.newsweek.com
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median home prices are well over $850K and all homes are on over 1.2 acres
Maybe you wouldn't fit in. People wear deordorant and tend to think.
Government Accounts for Nearly 25 Percent of All Job Gains in 2023
The following image explains how government jobs kept the economy humming and the unemployment rate low this year.
mishtalk.com
Once again, you're unable to refute anything I presented.
Shouldn't you be posting about more important things like what you're wearing today, where you're shopping, and what Bravo show you're binge-watching?
I read today we’re down 4 million full time jobs since this summer. I was surprised by the graph. The reality is life sucked for most people the past few years and it’s going to take a few years of real wage growth for people to recover.
I’ve posted multiple times with articles on how Americans are doing. Their debt. Where jobs are. Rents. You are trying to put lipstick on a pig. Go back to citing crime stats you get wrong.
You’re a hickory level poster. That’s why you two are back and forth on likes. That should be a wake up call. Normal posters like ranger and npt see your nonsense
Would love to continue the conversation (not really, actually) but I've gotta get back to work. You should try it (work) some time. You probably need to first tamp down the histrionics, though.
I think it depends on the economic indicator. Some are leading, some are lagging and some are coincident.
i think people have jobs, often two or three, but they don't pay enough to keep up with the new cost of everything so they are falling farther behind and putting more and more on credit. jobs are a positive thing, always, but they don't match the economic reality so many are facing
It tastes much better than most. Those of you needing prostate exams or colonoscopies should take note!
LOL, that's like panhandle poor. I wouldn't fit into that cesspool with a bunch of renters and people that can't spell deodorant.
delray to boca to lauderdale to miami got whacked by northeasterns coming down paying with cash to enjoy the free state of florida and get the F out of NY. made prices skyrocket
Nah I meant outstanding and I stand by it. Go stand on top of Sleeping Bear and take in the view.
Grand Haven, Saugatauk, Glen Arbor(sleeping bear) are all listed on various "best in the US". Just don't go in the winter unless you like punishment.
Does this mean that the economic benefits of Trump’s tax reforms ( which I believe the Democrats have left intact) are rolling into high gear and paying off?
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