And by the way, the jobs increase is only 225,000. Still good, but the 266k includes 41k GM workers coming back after a strike.
mobiusptc: Cratic3947: mobiusptc: Cratic3947:We just had an amazing job report. Why would you think we are heading recession?
and He won’t, so no reason to ask such a question…
Dems need to make deficit reduction proposals… The deficit and debt is another failure of the last 30 years of politicians. Just like the rise of fascist China and wage stagnation, housing crash etc…
You never said that when better job reports were released October 2010 and later…
I’m not sure Obama had one this good… Even with the Fed printing money for him…
Wrong.
oct 2010, Jan 2012, feb 2012(only 4k less), feb 2013, nov 2013, april 2014, june 2014, sep 2014, nove 2014, april, 2015, may 2015, july 2015, october 2015, dec 2015, jun 2016, july 2016,
all beat november 2019 and every single one of those month we had threads about cooked numbers
And by the way, the jobs increase is only 225,000. Still good, but the 266k includes 41k GM workers coming back after a strike.
that must be the nuance.
Recession around the corner? That’s quite the fantasy.
Trump may not be very bright but he’s not dumb enough to destroy the US economy or our standing as a super power so this is all just one ridiculous fantasy.
Newest media talking point.
Generating revenue is not the same as generating an actual profit or tax revenue.
Thanks for the vocabulary lesson, TW. I thought the “generate revenue” implicitly was referring to net increases in state revenue.
Samson_Corwell: komobu:There are two ways for the govt to get money, either take it through taxation or print more of it devaluing the currency. Both parties have been doing it for years.
That is incorrect. State-owned enterprises also generate revenue.
Such as and how please?
Temasek Holdings is owned by the Singaporean government and invests in multiple industries. Norway’s SWF gets savings returns on its holdings.
WuWei: Samson_Corwell: komobu:There are two ways for the govt to get money, either take it through taxation or print more of it devaluing the currency. Both parties have been doing it for years.
That is incorrect. State-owned enterprises also generate revenue.
Such as and how please?
Temasek Holdings is owned by the Singaporean government and invests in multiple industries. Norway’s SWF gets savings returns on its holdings.
Ah so, I thought you meant here.
The usual multiplier used be economists is 1.90, every dollar in public spending adds $1.90 to GDP. A dollar of aggregate demand is a dollar of aggregate demand.
It’s not hard to see how. Public spending on a school for example. The government spends the money but it doesn’t build the school. Architects, contractors, materials, those are all our purchased with those dollars and support private industry. Everything in the school from desks to books to pencil sharpeners, down to teachers salaries, it all gets spent on goods and services.
This will be offensive to some who can’t imagine this reality because of an ideological difference, but that’s how it works. Economies don’t particularly care where the dollar of aggregate demand comes from.
They also have operating costs and rarely turn a profit at least in this country.
We just had an amazing job report.
I love how 260kish jobs a month is now “amazing”
Dems need to make deficit reduction proposals…
Easy. Go back to the tax rates when Obama left office and the deficit was 50% less
The usual multiplier used be economists is 1.90, every dollar in public spending adds $1.90 to GDP. A dollar of aggregate demand is a dollar of aggregate demand.
It’s not hard to see how. Public spending on a school for example. The government spends the money but it doesn’t build the school. Architects, contractors, materials, those are all our purchased with those dollars and support private industry. Everything in the school from desks to books to pencil sharpeners, down to teachers salaries, it all gets spent on goods and services.
This will be offensive to some who can’t imagine this reality because of an ideological difference, but that’s how it works. Economies don’t particularly care where the dollar of aggregate demand comes from.
So trickle down?
I don’t disagree with you at all. My objection is two-fold: how the government gets the money to spend on projects outside of delegated authority, taking.
And the denial by libs that the same exact thing happens without the government.
And $1.90 is bull ■■■■■ A dollar is a dollar.
You never said that when better job reports were released October 2010 and later…
Link? Otherwise, you made that up.
So if we decouple from China, what happens to all that “debt”? Anything?
The derangement is so bad, they have to make up scenarios that aren’t going to happen just to keep posting about how hateful they feel on the inside.
That’s worth repeating.
The TDS is getting pathological.
Newest media talking point.
Newest?
They’ve been pumping recession fantasies since … Trump.
mobiusptc:You never said that when better job reports were released October 2010 and later…
Link? Otherwise, you made that up.
Already posted.
WildRose:Recession around the corner? That’s quite the fantasy.
Trump may not be very bright but he’s not dumb enough to destroy the US economy or our standing as a super power so this is all just one ridiculous fantasy.
Newest media talking point.
It;s some new nonsense nearly every day.
SixFoot:The derangement is so bad, they have to make up scenarios that aren’t going to happen just to keep posting about how hateful they feel on the inside.
That’s worth repeating.
The TDS is getting pathological.
It sure is.
So trickle down?
No. Trickle down is not synonymous with spending multipliers
The derangement is so bad, they have to make up scenarios that aren’t going to happen just to keep posting about how hateful they feel on the inside.
Were conservatives deranged when they were going on about faked books under Obama?