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Economy and Jobs are growing MUCH faster than anyone (except me!) expected.

Posted on 7/8/20 at 10:04 am
Posted by Seldom Seen
Member since Feb 2016
40500 posts
Posted on 7/8/20 at 10:04 am
LINK
quote:

Donald J. Trump
@realDonaldTrump
1h

Economy and Jobs are growing MUCH faster than anyone (except me!) expected. Job growth is biggest in history. China Virus Mortality Rate is among the LOWEST of any country. Shaping up for a good third quarter, and a great next year! NASDAQ at new record high, 401k’s way up!!!!
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89634 posts
Posted on 7/8/20 at 10:07 am to
I mean, he's not wrong. The underlying economy was surprisingly strong to rebound like this.

If we can just keep the Dem and weak Republican (looking really hard at you, Governor Abbott) governors from cutting off their noses to spite the faces, should be a strong run to the holiday season.

V-shaped recovery, baby!
Posted by Champagne
Already Conquered USA.
Member since Oct 2007
48546 posts
Posted on 7/8/20 at 10:16 am to
Sounds good to me. My fellow Americans deserve it. They do NOT deserve to be ruled over by Democrats. Democrats are MARXIST.
Posted by FooManChoo
Member since Dec 2012
41797 posts
Posted on 7/8/20 at 10:17 am to
And yet the left will focus on "China Virus". It's awesome.
Posted by NIH
Member since Aug 2008
112756 posts
Posted on 7/8/20 at 10:23 am to
Democrats: We need more of Muh shutdowns
Posted by redneck hippie
Stillwater
Member since Dec 2008
5603 posts
Posted on 7/8/20 at 10:25 am to
what industry are y'all in?
I'm on the front lines of the industrial supply industry. Sales are not back by any stretch. We are about to extend partial and total furloughs through August. Boss called this morning and said we missed planned budget in June by 35%. July not looking better.

I guess service industry may be recovering. Of course oil prices are to blame also.
Posted by 56lsu
jackson mich
Member since Dec 2005
7441 posts
Posted on 7/8/20 at 10:45 am to
how many people are on unemployment, how many only have min. wage part time jobs.
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 7/8/20 at 10:46 am to
If the economy was good than rates wouldn't be near zero and the fed wouldn't be buying up worthless assets.

We're in the last quarter of the this financial system i.e. cycle, enjoy it while it lasts.
This post was edited on 7/8/20 at 10:48 am
Posted by NoMansLand
Member since Jun 2017
1038 posts
Posted on 7/8/20 at 10:54 am to
So why is Trump supporting another round of stimulus checks? Sounds like he would support laissez faire at this point?
LINK
This post was edited on 7/8/20 at 10:55 am
Posted by deltaland
Member since Mar 2011
90907 posts
Posted on 7/8/20 at 11:31 am to
It did rebound sooner but I was reading article that there are many signs that the recovery is about to flatline rather than keep recovering.

Probably should pump the breaks for now with UE still at 11% and business shuttering left and right. It will be a long and painful recovery
Posted by teebro
laf
Member since Jul 2009
681 posts
Posted on 7/8/20 at 11:50 am to
The Zephyr is currently running with 9 passenger cars, up from 8! this Zephyr rail car growth, to those in the know, is a sure sign of vigorous economic growth.
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