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CNBC reported that the jobs report revealed a total of 223,000 nonfarm payroll jobs had been added over the past month, and the unemployment rate had dropped to 3.8 percent — the lowest since April 2000. These numbers beat estimates of only 188,000 new jobs and the unemployment rate holding steady at 3.9 percent.
Contrast that good news with the dire predictions offered up in 2016 by countless economic analysts and “experts,” who warned that Donald Trump’s tax, trade and regulatory policies would result in a horrendous economic downturn, potentially on par with the “Great Depression” of the 1930s.
More specifically, Townhall’s Guy Benson flashed back to the rather grim prediction by failed Democrat candidate Hillary Clinton during the third presidential debate of the 2016 election.
See her prediction of a dismal Trump economy around the 2:25 mark in the video below:
originally posted by: Lumenari
a reply to: xuenchen
I've always wondered about how a party that is supposedly intellectually and morally superior to us mere mortals just don't get economics.
Guns and ammo? Tax it and you will have less!!!
Soda consumption? Tax it and you will have less!!!
Carbon? Tax it and you will have less!!!
Jobs? Tax them and you will have.... more?
S&F...
originally posted by: toysforadults
a reply to: xuenchen
This is exactly the reason why I made my thread.
While you are out here with this partisan nonsense and the fake unemployment rate the labor force participation rate went down even though the numbers say we gained 2xx,000 jobs.
So your point is totally invalid and lacks depth of analysis in regards to how the actual market works.
originally posted by: toysforadults
a reply to: xuenchen
This is exactly the reason why I made my thread.
While you are out here with this partisan nonsense and the fake unemployment rate the labor force participation rate went down even though the numbers say we gained 2xx,000 jobs.
So your point is totally invalid and lacks depth of analysis in regards to how the actual market works.
originally posted by: M5xaz
a reply to: xuenchen
Uh-Oh.
There goes Hillary's BS about being the best, most qualified candidate for President, ever.
Incompetent idiot, both as SoS and as an economic forecaster.