Why was there virtually no interest? So you prefer malaise to growth? Fascinating.
China says its 2018 trade surplus with the US was the highest in more than a decade
- Thread starter Bill
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Why was there virtually no interest? So you prefer malaise to growth? Fascinating.
You all promised that wages would grow by $4,000-$9,000 if your Russia Tax Cut was passed.
Actual wage growth: $350.
So you were only off on your prediction by 87%-96%.
Apple etc. is down because of CHINA markets, not the USA.
US markets are strong all over - any slow down is because of globalmarkets -not the USA
Consumer spending was up like 6.4% last quarter compared to the previous year.
That's an incredible figure. I make my money off consumer sales and I had a banner year.
2018 was the slowest pace of job growth since 2011.
It's not like interest rates were increased by a substantial amount.
Inflation rose faster than wages for about 90% of workers last year.
Adolf_Twitler
Verified User
You're tunnel visioned- or basically you have your head up your shit tunnel.
SO, your argument is already lost in shit.
Pull your head out, and we can have an adult discussion on this!
Tim Cook said the policy you support is the cause of economic slowdown in China during his Q4 earnings report.
Irish Exit
Verified User
So you prefer record deficits in a rising interest rate market when most of the developed world will be cashing in bonds to buy depends undergarments for baby boomers in the not too distant future? Fascinating. I on the other hand, fairly often argue for less consumption.
The market is below where it was when the Russia Tax Cut started.
Oooops.....
U.S. economy added 312,000 jobs in December and wage growth gained steam, marking a strong finish to 2018
The U.S. economy added 312,000 jobs in December, smashing expectations for year-end growth, and wages rose 3.2 percent in the year since December 2017 after nearly a decade of tepid improvements, federal economists reported Friday.
Some 400,000 more people began looking for work last month, signaling that higher pay could be motivating Americans who were previously on the bench to start seeking better opportunities.
Altogether, 2018 was the best year for job creation since 2015. The economy added 2.6 million jobs, and the year closed with a slightly higher labor participation rate: 63.1 percent of Americans were working or looking for jobs in December, up from November’s 62.9 percent.
Bigger paychecks and better benefits are also inspiring people who work informally as caretakers, house fixers, website builders — freelance jobs that are often paid with cash — to seek more stable employment, said Michael Hicks, a labor economist at Ball State University in Indiana.
https://www.washingtonpost.com/busi...-growth-looks-riskier/?utm_term=.321a4061c040
I understand; your argument is moronic so instead, you have to cry like a little baby and stomp your feet.
Poor snowflake.
You know why? Because household debt is up 12% over the same period.
So people are going into debt to spend in the consumer economy.
So just like what happened with Bush and the Bush Tax Cuts at the beginning of the century, we are seeing consumer spending growth that almost directly correlates with consumer debt growth.
So you're growing the economy with debt.
I'm old enough to remember when you stapled teabags to your faces about that very thing.
give some cites.
I have no idea of this particular slice view - we now have more jobs then job seekers.
Record low unemployment etc. But the big thingis the quality -high paying jobs + wage growth
Fascinating; so during the Obama incurred malaise you wish to celebrate, the US didn't amass the largest deficits and accumulation of debt in its' entire history?
Less consumption equals less growth. Why do you want people to suffer?
1. No one believes you have a job.
2. Consumer spending is up because consumer debt is up. People don't have more money to spend because their wages grew (they haven't), but because they're using credit and debt to fund their spending. Which is exactly what happened 15 years ago.
The market has nothing to do with tax cuts or the economy you willful idiot. Only someone who is mentally retarded can keep making the same lame arguments over and over again expecting a different outcome.
