WTF are you reading, Negative Nancy?
#4 | Posted by Spork at 2019-07-05 06:02 PM |
I think the question is to me, since you are quoting my excerpt. So first, you are confusing me with someone else - I am a Very Stable Positively Neutral CutiePie, not "Negative Nancy" (WTF did that come from? Infantile and infertile mind of Donald Trump?)
Second, all the info is in economic and business publications / websites - do a search, if you don't know what they are. You can try WSJ, Fox Business News if you believe them to be more credible on business and economy.
Third, this is from The Capitalist Tool itself - Forbes magazine, not some "liberal" blog, as you probably suspect I was using:
7/05/2019 12:05PM 45,400 views
Chuck Jones | Forbes Contributor
Trump Is Falling Almost 1 Million Jobs Short Vs. Obama
The U.S. Bureau of Labor announced that the economy added 224,000 jobs in June vs. expectations of 160,000 and May's revised result of 72,000. The 224,000 is still strong, but there were revisions to April and May that subtracted 11,000 people hired in those months and government employment added 33,000. Overall private payrolls added 191,000 employees.
Trump entered office on January 20, 2017, and starting with February 2017 he has been President for 29 months. Total job growth during that time has been 5.613 million or 194,000 per month with those results being helped by the tax cut.
Working back from January 2017, Obama's last month in office, there had been 6.423 million jobs added or 221,000 per month. The difference for the 29 months is 810,000 more jobs or 27,000 more per month than Trump.
Note that back in January this year the total difference was only 194,000, which means over the past five months it has increased by 616,000. And looking at the next six months with Obama's job numbers of 188,000 to 327,000 per month, the gap should only increase and cross 1 million.
Job growth is slowing down...
Not the best economy ever
The underlying economy is weaker than perceived when you look at March quarter's GDP numbers and railroad traffic taking a significant downward move over the past month. If the economy continues on this path it could enter a recession when few are forecasting one with one reliable indicator foreshadowing a downturn in the next 6 to 18 months. It could become a self-fulfilling prophecy as almost 70% of CFO's are predicting a recession by the end of 2020.