Article

2019-01-05 Economy

156,945,000: 2018 Ends With Record Employment; Participation Rate Hits Trump-Era High

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Posted by Besoeker 2019-01-05 03:25|| || Front Page|| [9 views ] Top

#1 Might be record LEGAL employment, i.e. colonists de-colonising.

Of course as the wages of average legally employed person improved the establishment welfare state (AKA the fed) will raise rates at this "harmful" inflation, when they ignored the actual harmful inflation occurring in land affordability.

Posted by Bright Pebbles 2019-01-05 07:06|| 2019-01-05 07:06|| Front Page Top

#2 As interest rates rise higher the ponzi scheme of borrowing is in danger of collapsing. 'The Fed' provides a useful function as relief valve and insider trading agent.

As 'The Fed' announces rate hikes, the market sells off, usually at a high. As 'The Fed' backs off the proposed rate hike, the market springs back with a massive 'buy'....usually at a low.

Do you suppose the same people 'selling off' are also buying ?

Posted by Besoeker 2019-01-05 07:20|| 2019-01-05 07:20|| Front Page Top

#3 I'd say there's a fair few leaks that get traded on and when the leaky Fed person leaves the job they get a sinecure in a non-job from a economically rentier firm.

Posted by Bright Pebbles 2019-01-05 12:03|| 2019-01-05 12:03|| Front Page Top

#4 Unfortunately, recent events show that pocket book issues are not the determining factor that they once were.

Otherwise, Romney would have won in 2012, and the GOP would not have lost this House.

Now, the response to that might be "Well, the GOP threw the House and Romney sucked."

All true, but it buttresses my point.

Having a good economy is not enough to win any more.

With one significant exception, most population groups in this country voted by identity.

And no amount of rah-rah about the economy, unemployment or the stock market will change that fact.

Posted by charger 2019-01-05 13:50|| 2019-01-05 13:50|| Front Page Top

#5 Regarding pocket book issues got Trump elected. They will get him reelected when the time comes. Getting more in your paycheck is a great thing but actually having a job after possibly years is a great thing.

Posted by ruprecht 2019-01-05 14:58|| 2019-01-05 14:58|| Front Page Top

#6 Sadly getting free stuff without having to lift a finger is also, for far, far, too many; a 'great thing'.

Posted by CrazyFool 2019-01-05 15:26|| 2019-01-05 15:26|| Front Page Top

#7 Black unemployment was at (allegedly) record lows, but the Dems still won 90% of the black vote in 2018.

http://www.pewresearch.org/fact-tank/2018/11/08/the-2018-midterm-vote-divisions-by-race-gender-education/

The economy was in a de facto depression in 2012 and Obama won re-election.

If the state of the economy is the only or main factor in how people vote, then how do we explain those numbers?

Posted by charger 2019-01-05 17:45|| 2019-01-05 17:45|| Front Page Top

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