Jump to content
270soft Forum
Sign in to follow this  
HonestAbe

Encouraging Economic News

Recommended Posts

Doesn't matter what side of the isle you cozy up to, this is great news for Americans at large.  

 

New York (CNN Business)The US labor market keeps getting stronger.

Employers added 263,000 jobs in April, another surprisingly strong month of hiring. Economists surveyed by Refinitiv expected the economy to add only 185,000 jobs last month.
The unemployment rate fell to 3.6%, the lowest level since December 1969.
Indications of strength of the labor market could be found throughout the report. The average hourly wage was up 3.2% compared to a year ago, well above the 1.9% rise in prices, meaning real gains in the paychecks of average workers.

Share this post


Link to post
Share on other sites
12 minutes ago, HonestAbe said:

Doesn't matter what side of the isle you cozy up to, this is great news for Americans at large.  

 

New York (CNN Business)The US labor market keeps getting stronger.

Employers added 263,000 jobs in April, another surprisingly strong month of hiring. Economists surveyed by Refinitiv expected the economy to add only 185,000 jobs last month.
The unemployment rate fell to 3.6%, the lowest level since December 1969.
Indications of strength of the labor market could be found throughout the report. The average hourly wage was up 3.2% compared to a year ago, well above the 1.9% rise in prices, meaning real gains in the paychecks of average workers.

I still don't think this guarantees a Trump reelection. Despite continued good news regarding the economy, Trump struggles to get his approval rating out of the low 40s and a very recent poll found that 55% of voters said they won't vote for him. He's his own personal Vietnam, and he will lose as long as the challenger has at least a 51% approval rating. He won't be facing Clinton in 2020. 

Most Democrats credit Obama with helping Trump's strong economy, a valid argument. Additionally, few voters believe a Democrat is going to upset a surging economy once they defeat Trump in 2020. 

Share this post


Link to post
Share on other sites
37 minutes ago, vcczar said:

I still don't think this guarantees a Trump reelection. Despite continued good news regarding the economy, Trump struggles to get his approval rating out of the low 40s and a very recent poll found that 55% of voters said they won't vote for him. He's his own personal Vietnam, and he will lose as long as the challenger has at least a 51% approval rating. He won't be facing Clinton in 2020. 

Most Democrats credit Obama with helping Trump's strong economy, a valid argument. Additionally, few voters believe a Democrat is going to upset a surging economy once they defeat Trump in 2020. 

We are at 100 straight months of an improving economy, only a truly partisan person doesn't give Obama at least partial credit for our improving economy (if not the lion's share) 

Just as Bush 41 should get shared credit for the surplus budgets of the 90's and not just Clinton.  

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

×
×
  • Create New...