Winning! Dow Jumps after US adds 4.8 million workers back on the payroll
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CNN: Obama's job numbers continue to rise, despite Trumps efforts to kill the economy
for reference Obama's highest job improvement for an entire year in his second term was 2.7 million. For Obama's second term in office it's average job growth per year was 2.5 million a year
Trump added 4.8 million in one month
if you include Mets that means he adde 8 million in 2 months
the Trump recovery on track to be far better than the Obama recovery
keep tabs on it. And remember to meme
https://media.thedonald.win/thedonald/post/BMceYa87.jpeg
https://media.thedonald.win/thedonald/post/bBYj3DdQ.jpeg
To be fair though those 8 million jobs lost were artificial in the first place. We would have to compare before the coronavirus hit.
But if you give the stimulus and regulation changes so that the jobs are still there to reopen, that’s a plus in my book!
I'm still leery of calling the stimulus a good thing, though, since we devalued the dollar to do it...
Wonderful news for the country. Unfortunately for us in blue states this is very sad news cause this only means the covid media blitz will be 10 fold and the lock down will be more intense.
We will be severely punished for this development. Your sympathy is appreciated in advance
The beatings will continue until morale improves.
Obama also had a near zero percent interest rate to keep the economy barely alive. There’s also the talk of how most of those jobs were part time or contractor jobs - ones with zero health Benefits. https://www.investing.com/news/economy-news/nearly-95-of-all-job-growth-during-obama-era-part-time,-contract-work-449057
Good point. We were in a zero interest rate environment then as well
Also, all joking aside, as someone who works in finance: all of this is hand-waving as to causation in most cases, and it's extremely complicated. The president, in general, is less powerful with regard to domestic economics than most people believe, and some of our tailwind is structural.
The main things Trump is doing that influence this is picking a fight with China to get us out of the Prisoner's Dilemma situation we were in, and pushing up American wages (and possibly costs, but that is TBD), along with the R congress pushing through tax reform on corporate tax rates so US companies expand inside the US, not outside of it.
How much of that vs. natural growth is in the jobs reports? Who the fuck knows. But the point is don't over-assume and also always push on the margins where it helps, which is where I think Trump has performed best as president.
But but but but but but
CASES!!!!!!!!!!
CASES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
CASES!!!!!
A
S
E
S
foams at mouth
CASES
WERE ALL GONNA FUCKING DIE!!!!!!!!!!!!!!!!!!!!
wait what do you mean 0.05 mortality rate?
I don't think you heard me loud enough
C-A-S-E-S. What does that spell? CASES!!!!! NEW CASES!!!!!!!!
EVERYONE WHO GETS DIAGNOSED WITH A POSITIVE COVID 19 CASE IS IN A COUNTDOWN CLOCK TO IMMINENT DEATH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
We are all going to die. This was previously established. Dems say it will be
net neutralityclimate changegun ownersObamacare repealcovid 19reopening businesses that moves up the date.Friend I hate to correct you... but you forgot tax cuts...... they're the real killer mvp
Net neutrality enters the chat.
Oh my, you’re right! I must have had the volume turned down on the propaganda channel. Never again! We’re all in this together!
Hopefully this all means nobody is buying this "muh second wave" horse shit.
In California, there’s a bunch of people I’ve talked to while working at my retail job that says this coronavirus is bullshit. I had a 70-80ish year old lady say that this whole thing was a complete hoax and that it was all a ploy to oppress Americans. People hate the masks, and they hate being locked down. They just want it to be over with.
Anytime you see a lefty karen on facebook complaining about rising cases. Just ask "So what?". The only problem with rising cases would be if the death rate was still 3%. It's not. For people under 50 the death rate is .02%.
And dropping.
We even counted you as positive after you left the testing line. Just for everyones safety.
I just got back to work, yesterday. : )
Congrats friend!
SO MUCH DAMN WINNING! AMERICA BACK TO WORK NOW!!!
How did it feel? I spoke with someone on the phone who told me they were envious of me going in the office daily. They think the shutdown was nonsense now though they didn't then.
I'll be going back in a month. Have to wear a mask all damn day which sucks. I swear I'm going to cut a slit in it.
BEST JOBS PRESIDENT IN HISTORY
Both are WINS...the jobs AND the DOW/NASDAQ. Lot's of middle class folks have their 401K's in investments.
Mines only down about $5k even though the DOW is still down nearly 5k points. Bought a ton of large cap mutual funds at 22k. Once it recovers I'm probably gonna be up a ton.
Mine ain't even down because of all the shares I bought when the market was down! I've MADE money from my investments during this hoax! WINNING!
As if there's a choice any more. No company will do pensions any more because you actually have to run your business well and it creates unfunded liabilities so it is less likely for you to get bought out, which is the dream for a lot of them.
“Unexpectedly”
The good part even for Karens is that everyone’s in the market ( even if most people only are super conservative investing wise )
So for anyone to root against the markets is moronic
Something like 60 million Americans have 401k's. That's not "the 1%".
It doesn't matter if a small group of people are becoming insanely rich if the middle class is getting richer too.
What's with the people in this thread saying a rising stock market isn't a win? Sounding like a bunch of damn lefties...
^ this. A rising tide raises all ships! Yes the rich made more but I come from a dirt poor legal immigrant family. I’m now middle class and my 401k is getting fat thanks to our President. My boat is rising, not as fast but it sure ain’t sinking the way the Democrats want.
Can someone deport this cuck asap?
Too lazy to fix, but not too lazy to tell us you're too lazy to fix, see the problem here?
THE LAZY NOT TOO LAZYCEPTIONS.
That would make a great slogan for Trump, very accurate
Too true. nice retort!
Listen fat
I love how the comment describing exactly how the Fed can influence stock prices had been deleted by the mods
Come on. I'm invested in stocks. I bought qualcomm when it was way down. Made a fortune in just that already. Hell US steel was a great investment too. Just gotta understand what you are doing.
MAGA baby
Why is this shit even upvoted? Of course a rising stock market is a win... Jesus
I'm against pretty much any government involvement in the markets, so I'm with you there. However, to say a rising stock market in general isn't a win is pretty foolish. The entire future of the country rests on the stock market. My future rests on the stock market because my entire retirement savings is in the stock market.
What do you think would happen if the stock market dropped? You think these jobs gains would still continue? I think that's foolish.
Well, you did kind of say the "horseshit stock prices" wasn't winning...
"horseshit" stock prices are winning. my entire retirement is in the market.
No.
Heres hoping next week I can add to that number, got an interview next thursday.
Put your best foot forward, Pede! Good luck!
Praying for you buddy!
Thanks, very much appreciated and needed!
Rooting for you!
Biden: When I am elected president, I will repeal all jobs created by Trump.
Maxwell didn't kill herself.
Meanwhile Biden's VCR is still flashing 12:00
THE RIGHT STRIKES BACK WITH A WONDERFUL JOB REPORT AND THE ARREST OF GHISLAINE MAXWELL. TAKE DOWN THE PEDOS AND GLOBALISTS WITH LAW AND ORDER AND A GREAT ECONOMY!!!!!
This is awesome, Trump is a businessman.
However, aside from making the country richer he really does need to address the issues of the left going completely bonkers. Not just in terms of rioting but in terms of our corporations caving to them, we need laws about stopping this abuse of advertising. Advertising should be placed based on tiers of viewer numbers via a 3rd party company, they should have no power to take it away based on content. This is the biggest way they block free speech.
The companies would like this too, they don't want to lose access to customers but they are cowards.
But muh COVID
CNN: Here is why job growth is a symbol of white supremacy.
MSNBC: Job growth numbers is a win for Russia and Putin
And of course the gains get cut because of artificially inflated virus infection numbers in Florida. This is fucking insanity, you could die from having a fucking stick up your ass and they’d report you as dying from “complications related to COVID-19”
No wonder they want to shut everything down again. Trump is putting the economy back on track with a snap of his fingers
Wow I didn't realize hussein was back in office.
LOL STONKS GO BRRRRRRRR!!!!!!
eh, it only jumped 400 but at least it's a positive
On the brink of south african level white genocide, massive LGBT cases passing in supreme court, republicans conserving literally nothing? Can't stop winning😎
Let’s go!
I bought some mutual fund stock on RobinHood shortly after the pandemic arrived in America. Since then, I've made $120 by doing nothing more than not buying the panic hype.
CNN -"Trump forces people back to work despite Covid risks"!
Look even the new .win are creating jobs thanks to trump. We will keep winning right in to November!! Now bring back my rallies I'm fucking bored.
All the reddit investors are fuddled....”look at the jobs dummy.”
“But but but unemployment dragging effects...Q2 was expected to be a profit quarter.”
No bruh...the jobs never disappeared, Governments just prevented us from working. Nothing is wrong with the economy in a certain sense.
choo choo motherfucker
Was spiking but now dropping...they just have to do whatever to tank it.
Ohio:
LinkedIn via Pew today: "Why the job numbers are erroneous and wrong and you should feel bad".
This is a temporary spike. Cities, States, and other municipalities are going back to full lockdowns by the second. Even in deep red states it's happening. Retail and Food sales after spiking in June are dropping hard again in the last 7 days.
Sorry meant restaurant food sales with more insane bureaucrats forcing more closures.
USA is back, bitches!! 🇺🇸🇺🇸🇺🇸🇺🇸
Thanks Obama
10 million more workers to go!
Fauci: “Unfortunately, we’re going to institute Phase 2.3-1a.q - All businesses must cease operation unless given special license to resume by BLM.”
Magic Wand
Jobs are great and all but are those being hired making the same or more then all those that were fired or are companies fucking people on pay cause they know people are desperate for jobs?