Impressed by Trump administration

• ptown_trojans_1

  

  New CIA guy joins the new SECDEF as saying they won't restart water boarding or enhanced interrogation techniques even if Trump requests.
  Good to see there.
• sleeper

  

  bases_loaded;1832487 wrote:So to be clear. It takes 7 years and 340-50 days before you start seeing job growth as President?

  We haven't seen job growth as good as the last 8 years since the Great Depression.
  
  Republicans still cry. I'd bet any amount of money we will see a Trump recession and R's will blame Obama.
• QuakerOats

  I know, job growth has been so great that the all-time record 47 million on welfare simply can't decide which job to take; it is so overwhelming.
• Automatik

  

  sleeper;1832511 wrote:We haven't seen job growth as good as the last 8 years since the Great Depression.
  
  Republicans still cry. I'd bet any amount of money we will see a Trump recession and R's will blame Obama.

  
  
  4 more years of incessant crying form the OC Trump contingent is a guarantee. I hope this site lasts that long.
• Heretic

  

  sleeper;1832511 wrote:We haven't seen job growth as good as the last 8 years since the Great Depression.
  
  Republicans still cry. I'd bet any amount of money we will see a Trump recession and R's will blame Obama.

  Bonus points if they're the same Rs who've banged the "HOW CAN YOU BLAME BUSH FOR OBAMA'S SHIT" bell for the last few years.
• like_that

  

  sleeper;1832511 wrote:We haven't seen job growth as good as the last 8 years since the Great Depression.
  
  Republicans still cry. I'd bet any amount of money we will see a Trump recession and R's will blame Obama.

  I still want to know why the welfare rate is as high as it is if so many jobs have been produced.
• gut

  Heretic;1832519 wrote:Bonus points if they're the same Rs who've banged the "HOW CAN YOU BLAME BUSH FOR OBAMA'S SHIT" bell for the last few years.

  Other than recessions tend to be unpredictably cyclical, it's usually 18-24 months for new policies of a POTUS to start having an impact.
  
  What's scary is that it's truly been a weak recovery, so more than a mild recession is going to be a real problem. And with interest rates still so low, you don't have bullets in the weapon that's been most effective in combating slowdowns.
• sleeper

  

  QuakerOats;1832517 wrote:I know, job growth has been so great that the all-time record 47 million on welfare simply can't decide which job to take; it is so overwhelming.

  Because wages are sticky and there hasn't been enough time for the labor market to adjust to the current demand for labor. Why go to work when you can't support your family on the wage it pays? I guess we should put those kids back in the womb because they can't afford to take care of them given their market wage.
  
  Costs have increased substantially but wages have not.
  
  Ohio has plenty of community colleges that teach Econ 101 for cheap. I suggest taking one.
• sleeper

  

  like_that;1832521 wrote:I still want to know why the welfare rate is as high as it is if so many jobs have been produced.

  Wages are sticky; living costs have increased.
  
  Econ 101.
• sleeper

  

  I'll also add with advances in technology, the demand for labor has decreased substantially over the past 8 years and will continue into the future.
  
  I have no faith in Trump addressing this issue. Much easier just to blame poor people for not working hard enough or pulling themselves up by the bootstraps to feed their families.
• gut

  sleeper;1832536 wrote:I'll also add with advances in technology, the demand for labor has decreased substantially over the past 8 years and will continue into the future.

  Not exactly. There's nothing special about the past 8 years vs. the prior 8. That's a long term trend, but doesn't explain the subpar recovery in jobs. Tepid growth leads to tepid job creation. Obama is one of those guys who could have used an Econ 101 class instead of Community Organizing 580.
• sleeper

  

  gut;1832542 wrote:Not exactly. There's nothing special about the past 8 years vs. the prior 8. That's a long term trend, but doesn't explain the subpar recovery in jobs. Tepid growth leads to tepid job creation. Obama is one of those guys who could have used an Econ 101 class instead of Community Organizing 580.

  Agreed there's nothing special about the last 8 years. What is Trump's plan to address a future job decay by better technology? Not everyone is able to be an engineer, computer scientists, doctor, lawyer etc.
  
  Especially when you consider Trump is anti-science and investing in new industries is the best way to put job creation on steroids. I don't see Trump creating an environment where clean energy, nano-tech, AI, stem cells, and other frontiers will be pursued. And no, lowering taxes for highly profitable corporations is not going to change anything other than to make the rich richer.
• like_that

  

  sleeper;1832534 wrote:Wages are sticky; living costs have increased.
  
  Econ 101.

  So legitimate jobs aren't being created where people are not dependent on the Government and your tax dollars? Got it. Also, once again jobs aren't an indicator of an economy's strength.
  
  Econ 101.
  
  
  You're trying too hard with the "I am moderately right leaning, but I want to show you all I am impartial and the rest of you are partisan hacks" act.
• sleeper

  

  like_that;1832546 wrote:So legitimate jobs aren't being created where people are not dependent on the Government and your tax dollars? Got it. Also, once again jobs aren't an indicator of an economy's strength.
  
  Econ 101.
  
  
  You're trying too hard with the "I am moderately right leaning, but I want to show you all I am impartial and the rest of you are partisan hacks" act.

  They are being created especially over the last 8 years since the Bush recession. Wages are sticky and costs are outstripping any of the wages being offered in the open market. Those wages will eventually push high enough to get people off welfare and into productive jobs but it takes time. I give Obama a lot of credit for the gains we've had recently and can only imagine if he didn't have obstructive R's in Congress how much better off the economy would be.
  
  Now we have Trump and a full R Congress. Something tells me job growth will flatten or drop in the next 4 years and we will have a Trump recession and wealth inequality will continue to widen.
• bases_loaded

  

  So why are all of these companies decided on day 2905 to relocate their factories here and not day...1 or even 1460?
• sleeper

  

  Anyways, Boat Shoes will like this one, but we need to have the government be an employer of last resort. Instead of paying people to sit on their butts and watch Oprah, put them to work on unskilled public projects and pay them a competitive wage. These projects can be as simple as painting, cleaning up river trash, mulching public parks, mowing grass, etc. There is a lot of unused human capital out there that would gladly exchange work for a competitive wage that the market is not currently able to supply.
  
  Win. Win.
• sleeper

  

  bases_loaded;1832552 wrote:So why are all of these companies decided on day 2905 to relocate their factories here and not day...1 or even 1460?

  Well the answer is quite simple; you read conservative news only that completely ignored all the companies investing in the US during Obama's term and now that an R is headed to office these are now highlighted in the bubble that you live in.
• sleeper

  

  like_that;1832546 wrote:So legitimate jobs aren't being created where people are not dependent on the Government and your tax dollars? Got it. Also, once again jobs aren't an indicator of an economy's strength.
  
  Econ 101.
  
  
  You're trying too hard with the "I am moderately right leaning, but I want to show you all I am impartial and the rest of you are partisan hacks" act.

  BTW, I'd love to see what your indicators are of an economy's strength.
  
  Almost every consensus metric is up since the Bush recession.
• like_that

  

  sleeper;1832553 wrote:Anyways, Boat Shoes will like this one, but we need to have the government be an employer of last resort. Instead of paying people to sit on their butts and watch Oprah, put them to work on unskilled public projects and pay them a competitive wage. These projects can be as simple as painting, cleaning up river trash, mulching public parks, mowing grass, etc. There is a lot of unused human capital out there that would gladly exchange work for a competitive wage that the market is not currently able to supply.
  
  Win. Win.

  This would be a good idea with welfare. Work for welfare. It's working out pretty well in Maine and they are lowering their welfare
• like_that

  

  sleeper;1832556 wrote:BTW, I'd love to see what your indicators are of an economy's strength.
  
  Almost every consensus metric is up since the Bush recession.

  Pretty simple. Creating desirable goods or services for consumers which in return makes them affordable and THEN can create jobs where people are not dependent on government assistance. Cuba was near 100% employment, tell me more about their strong economy.
  
  Also, sticky wages is a bullshit excuse considering the welfare rate has been high for the last 8 years thus an indicator that its been a very slow recovery for 8 years. When nearly 50% of our country isn't depending on government assistance then you can color me impressed. This goes for Trump and his protectionist approach that will allegedly create "jobs."
• like_that

  

  And perhaps those wages go up if healthcare costs didn't sky rocket?
• sleeper

  

  like_that;1832559 wrote:Pretty simple. Creating desirable goods or services for consumers which in return makes them affordable and THEN can create jobs where people are not dependent on government assistance. Cuba was near 100% employment, tell me more about their strong economy.
  
  Also, sticky wages is a bullshit excuse considering the welfare rate has been high for the last 8 years thus an indicator that its been a very slow recovery for 8 years. When nearly 50% of our country isn't depending on government assistance then you can color me impressed. This goes for Trump and his protectionist approach that will allegedly create "jobs."

  Oh, so no indicators. Got it.
  
  Stock market isn't an indicator either right? S&P is only up 232% since the Bush Recession.
  
  Also, your pretty simple isn't that simple. Maybe in the 1930's when we didn't have a global economy but you can create goods OUTSIDE of the country to supply the demand for goods at an affordable price in this country without creating jobs in return.
  But yeah, Cuba is a great analogy and is the exact same situation that the US is in. KAPPA.
  
  Sticky wages is not a bullshit excuse. It's reality. Let me know when you want to join reality.
• sleeper

  

  like_that;1832560 wrote:And perhaps those wages go up if healthcare costs didn't sky rocket?

  Demand is inelastic for healthcare. Hard not to pay whatever price it costs to keep yourself alive.
  
  But go on, blame Obama for that economic reality. Obamacare didn't go far enough and Trumpcare won't fix it either; we need single payer or bust.
• QuakerOats

  sleeper;1832531 wrote:Because wages are sticky and there hasn't been enough time for the labor market to adjust to the current demand for labor. Why go to work when you can't support your family on the wage it pays? I guess we should put those kids back in the womb because they can't afford to take care of them given their market wage.
  
  Costs have increased substantially but wages have not.
  
  Ohio has plenty of community colleges that teach Econ 101 for cheap. I suggest taking one.

  
  Funny, your BIG government's CPI says otherwise. In fact, outside of the skyrocketing prices of college and obamaKare (both ruled by liberals), most other items are benign. If you wish to defend BIG liberal government's welfare state, please proceed; micro or macroeconomics mean little to the 'redistributionists'.
• sleeper

  

  QuakerOats;1832570 wrote:Funny, your BIG government's CPI says otherwise. In fact, outside of the skyrocketing prices of college and obamaKare (both ruled by liberals), most other items are benign. If you wish to defend BIG liberal government's welfare state, please proceed; micro or macroeconomics mean little to the 'redistributionists'.

  CPI has risen 12.5% since Obama has taken office. Average household earnings have increased only 2.78% since the Bush recession of 2008. Do the math.
  
  Wages are sticky, costs have increased. Reality.