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Possumpoint
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Has a Slide Begun?
Apr 7th, 2017 at 9:24am
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Jobs report is in for March 2017 and 98,000 new hires are reported versus an expected 175-180 thousand. New files for unemployment benefits for March rose in mid-month but fell late in the month.

Be interesting to hear how Spicer spins this. Best guess, they will revert to blaming Obama.
  

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Rathbone
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Re: Has a Slide Begun?
Reply #1 - Apr 7th, 2017 at 12:57pm
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Possumpoint wrote on Apr 7th, 2017 at 9:24am:
Jobs report is in for March 2017 and 98,000 new hires are reported versus an expected 175-180 thousand. New files for unemployment benefits for March rose in mid-month but fell late in the month.

Be interesting to hear how Spicer spins this. Best guess, they will revert to blaming Obama.


Why would that be unfair to blame Obama in light of what I have read on the political forum where some are saying any improvement was due to Obama. The claim then was that he isn't in office long enough to be taking credit?
  
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Possumpoint
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Re: Has a Slide Begun?
Reply #2 - Apr 7th, 2017 at 2:43pm
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Further investigation shows two different numbers being quoted for the month of March. ADP is claiming 263K jobs added yet the Breau of Labor Statics is stating 98k jobs added. One looks very good the other not. Which one to believe. Knowing how Trump is, he'll claim credit for the bigger one or blame Obama for the smaller one.

My opinion is Trump is yet to do anything but run his mouth in regards to affecting jobs. Blame Obama for nearly doubling the national debt in 8 years without job growth to show for it. Job growth and economic growth have been nearly stagnant. The biggest group of consumers have shrunk and therefore consumption has flatlined. Retail sales are in a tailspin.

Bottom line I've been trying to point out is that this debt based economy is about to implode.

  

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