This won’t last much longer once the tariff retaliations start hitting.
Bearing in mind that the country just took out a historically massive credit card loan in the form of tax cuts for the rich, these numbers are terrible and spell deficits bankruptcy. The economy is a disaster, period.
Ah, the good old reliable AP - Not until paragraph six do we see
Some economists remain concerned
How long before the incoming tweet from His Orangeness taking credit for this?
No mention of the fact that Trump tipped off the market an hour before releasing the numbers that good news was coming. A perfect scenario for insider trading. But it’s ok—norms, blah blah blah, not technically illegal, Mr Trump’s actions raised some eyebrows but, go back to what you were doing.
Almost as if what comes out of the Oval Office is nothing but a sideshow to reality.
Amazing.
What’s that about the calm before the storm?
Yes it’s good on the front end, but employing a half-assed Keynesian stimulus geared to the 1% in the midst of such an economic expansion is beyond foolish. The backend of huge ongoing deficits will most certainly come back and bite us bigly.
My main concern is, given this stupidity, that I can see a downturn that will be worse than the Great Recession.
Enjoy it while we can.
He tweeted about it before the report was released.
The economy has reached a permanently high plateau.
Anyone giving President Obama any credit for this economic expansion will be Tweeted.
“U.S. Gains 223K Jobs, 9-Year Economic Expansion Stays On Track”
Thanks for adding the italicized to the headline, TPM. This part must not be forgotten or ignored.
The headline on the AP website …
“US gains 223K jobs; unemployment at 18-year low of 3.8 pct.”
Makes it easier for Trump to take credit.
Thank you Obama.
“9-year economic expansion?” No way!! Fake news!!!
Didn’t the “14-month” expansion begin on January 20, 2017? That’s the reason why the crowds at Trumps inauguration numbered fewer than Obama’s. Americans couldn’t make it to D.C. because they were inundated with offers of high-paying jobs with lavish benefits.
Yet even with unemployment at an 18-year low, wage growth has been chronically sluggish in most industries, leaving many Americans still struggling to pay bills, particularly as inflation has ticked up. Still, companies are starting to pay more to lure workers from other companies, a trend that could lead to broader pay gains in coming months.
Wow! Budget deficits stimulate the economy! But it matters whose names are on the checks. Rump is busy destroying and downgrading what little mechanisms there ever were, to help American workers get their fair share of it all. Right now, my big tax cut goes straight into the gas tank and then some. That’s whose name is ultimately on the check.
Thanks, I hadn’t seen that story. Another pathetic attempt for attention; he really is a three-year old. “Look at me, Ma!”
" Deep state employers hiring people just to make Obama’s economy look good " …
THANK YOU!! This exact quote has been rattling around in my head for the last year, but keep forgetting to comment on it, or don’t know which thread to put it in. Thank you, thank you, thank you.
As you can tell, I completely agree!!!
Thank you, President Obama.
May I humbly suggest the headline be mildly changed to: ‘Obama’s 9-year Economic Expansion Stays on Track’ ???