The reality of the situation is that business owners always feel more comfortable when the Republicans are in power. It is totally irrational because the GOP inevitably drives the economic car into the ditch of recession, but it is true.
Uhhhh, you might want to check your headline regarding that reference to 2.6%.
I had that same reaction. Headline says 2.6 percent, then “The influx of new workers kept the unemployment rate unchanged at 4.1 percent.” Which is it?
Exactly. The fact that TPM hasn’t fixed the headline means that perhaps no one at TPM is minding the store.
It’s a good report. Better than expected.
Wages growth was not as high as expected which eases inflation fears.
The Trump economy officially began in February when he lined up both a budget and tax rates. In Jan, he had the tax rates but the budget was still an Obama one.
My view/observation is that it always takes about a year for bad GOP economic/budget policies to demonstrate a negative impact. I think a key marking point will be when we see Q1 and Q2 government receipts vs. outlays. If the debt explosion is as bad as some project, then you could see an acceleration of the impact in the economy.
The Labor Department said wage gains, meanwhile, fell from January to 2.6 percent year-over-year.
So, all the money is pouring into the pockets of investors and ownership. Keep voting for Republicans, suckers. Just wait for that “trickle down.”
Interesting.
Nothing changed on my end except the cost of gas, food, electric.
Which needless to say, WENT UP BIGTIME.
I have mixed emotions; it’s certainly good on its face, but as most people here would be aware, this is really a continuation of the economy that trumpster inherited. And then that leads to his unfair anointment of having created the conditions for it.
Which also leads the vile republicans to continue in their horrible economic policies that will exacerbate the next eventual downturn, but also will have left us with less tools to mitigate the ensuing damage.
If this keeps up, the Dems are doomed…
The negative impact of Trumponomics will not be felt until after the mid-terms…
“Trickle Down” is what the .01% call it when they piss on your head and tell you it’s “raining tax cuts”.
Well as Trae Crowder said last night on Bill Maher - it’s all been supposedly trickling down since about Reagan and the people who really need it haven’t seen one thin dime of it.
I’m not worried.
Thanks Obama!
So where is all the damage from all the closures and layoffs of the last several months? Carrier and all the rest that took their tax cuts and bought out thousands of jobs. Carrier in Indy is already shut down, so how do we have a net gain of 313k when taking all the RIF’s into account?