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  • Originally posted by 1bad65 View Post
    Private payrolls grow by 234,000 in January, vs 185,000 expected: ADP/Moody's Analytics

    The new year got off to a strong start for job creation, with businesses adding 234,000 in January, according to a report Wednesday from ADP and Moody's Analytics.

    Economists surveyed by Reuters had been looking for private payrolls to grow by 185,000.

    Within that sector some of the better-paying industries showed solid gains: Trade, transportation and utilities led with 51,000, education and health services added 47,000 and professional and businesses services contributed 46,000. Leisure and hospitality services also grew by 46,000.

    On the goods-producing side, manufacturing added 12,000 jobs while construction saw 9,000 new hires despite the traditionally slow month for the industry.

    "The job market juggernaut marches on," Mark Zandi, chief economist at Moody's Analytics, said in a statement. "Given the strong January job gain, 2018 is on track to be the eighth consecutive year in which the economy creates over 2 million jobs. If it falls short, it is likely because businesses can't find workers to fill all the open job positions."


    Source, full story:
    https://www.cnbc.com/2018/01/31/priv...analytics.html
    Not sure why this is news when the same thing has been happening for 7 years and it would be more newsworthy if it didnt

    Of more concern is that the US missed its' GDP target for the December quarter by quite a significant amount

    Comment


    • Originally posted by BERNIE'S CORNER View Post
      Originally posted by Tomjas View Post
      Not sure why this is news when the same thing has been happening for 7 years and it would be more newsworthy if it didnt

      Of more concern is that the US missed its' GDP target for the December quarter by quite a significant amount
      These people just don't care anymore. This is the official acct of the office of the VP and he's campaigning on it. He has a personal account. At least Trump spews his BS from his personal account. They're gonna do whatever they want to do. Ethics be damned!


      Comment


      • Originally posted by Tomjas View Post
        Of more concern is that the US missed its' GDP target for the December quarter by quite a significant amount

        Also this just in


        Comment


        • Originally posted by Motorcity Cobra View Post
          Also this just in


          The CBO who underestimated the cost of Obamacare by HALF.

          Really??

          I didn't know anyone was still stupid enough to believe the CBO on economic projections anymore.

          Comment


          • Here's a word of advice I learned as a child.

            "Fool me once, shame on you. Fool me twice, shame on me."

            Comment


            • Originally posted by Motorcity Cobra View Post
              Also this just in



              Yeah but party before reality for these misfits.

              The cluelessness of this administration is on full display.

              History is watch’n and record’n on the daily.

              No way of sweep’n it under the carpet.

              Though feeble attempts are made daily.

              Comment


              • Originally posted by 1bad65 View Post
                The CBO who underestimated the cost of Obamacare by HALF.

                Really??

                I didn't know anyone was still stupid enough to believe the CBO on economic projections anymore.
                With less money projected to come in, the CBO now estimates that the special accounting measures Treasury has been using since December will be tapped out sometime in early March.

                Previously the agency had estimated Treasury's extraordinary measures would be exhausted in late March or early April.
                https://www.cnn.com/2018/01/31/polit...ter/index.html

                Earlier this month Mnuchun also congress to move the date up. Just a coincidence huh?

                U.S. Treasury Secretary Steven Mnuchin has asked Republican congressional leaders to raise the government’s borrowing authority by the end of February, according to two people familiar with the matter.

                The U.S. debt limit was suspended in September until Dec. 8. Mnuchin began using special accounting measures to stay below the ceiling since then and has said that Treasury could comfortably fund the government at least through January. The Congressional Budget Office estimated in November that the government won’t face a potential default until March or early April.

                https://www.bloomberg.com/news/artic...nd-of-february

                You literally have a topic saying you're getting paid more because of the tax cuts. If you're taxes are cut who is making up the difference in revenue? Remember, there weren't any spending cuts in the tax plan. So spending stays the same but revenue decreases. Basic math

                Comment


                • Originally posted by BERNIE'S CORNER View Post
                  Originally posted by Motorcity Cobra View Post
                  These people just don't care anymore. This is the official acct of the office of the VP and he's campaigning on it. He has a personal account. At least Trump spews his BS from his personal account. They're gonna do whatever they want to do. Ethics be damned!


                  Umm, Trump signed Russia sanctions bill in August:

                  Trump signs bill approving new sanctions against Russia

                  Washington (CNN)President Donald Trump signed into law Wednesday morning legislation that levies new sanctions against Russia and restricts Trump's own ability to ease sanctions in place against Moscow.

                  The bill is one of the first major pieces of legislation that was sent to Trump's desk, and it represents a rebuke of the President by giving Congress new veto power to block him from removing Russia sanctions.

                  The White House announced the signing shortly after 11 a.m. ET, saying the bill includes "a number of clearly unconstitutional provisions" that "purport to displace the President's exclusive constitutional authority to recognize foreign governments, including their territorial bounds."

                  Russia's Prime Minister Dmitry Medvedev reacted strongly to the bill's signing, saying it showed a "fully-fledged trade war (has been) declared against Russia" and that "the Trump administration demonstrated complete impotence, in the most humiliating manner, transferring executive powers to Congress."

                  [.....]
                  https://www.cnn.com/2017/08/02/polit...ill/index.html



                  Trump did not impose any further sanctions this week, but the ones already there are messing Russia up pretty badly.

                  He did however release a list of Putin's allies and Oligarchs...

                  US names Russian oligarchs in 'Putin list' but imposes no new sanctions


                  Washington (CNN)The US has released a sweeping list of prominent Russian business and political figures, in defiance of Moscow and implementing a Congressional law designed to punish Russia for election meddling.

                  The US Treasury report, published shortly before a midnight deadline, listed every senior member of the political administration at the Kremlin, and every Russian oligarch with a net worth of $1 billion or more.

                  Some of those named are already subject to US sanctions. But the administration stopped short of imposing any new punishments, saying the legislation was already doing its job. The report was "not a sanctions list," it said.

                  Instead, the Treasury report resembled an exercise in naming and shaming -- putting individuals on notice that they may be subject to sanctions in the future.

                  The list includes:
                  - 114 senior political figures with close ties to Russian President Vladimir Putin, including his chief spokesman, Dimitry Peskov, Foreign Minister Sergey Lavrov and Prime Minister Dimitry Medvedev.

                  - 96 oligarchs with a net worth of $1 billion or more, including the aluminum magnate Oleg Deripaska, Chelsea football club owner Roman Abramovich and the media and tech magnate Alisher Usmanov.

                  - The Treasury said the list was "based on objective criteria drawn from publicly available sources." The oligarchs' names matched exactly a list of 96 Russian billionaires compiled by Forbes magazine last year.
                  https://www.cnn.com/2018/01/29/polit...ons/index.html



                  In 2012, Russia was the 5th largest economy by GDP,

                  https://www.rt.com/business/russia-gdp-5th-largest-158/

                  In 2017 it fell to 11th place, and keeps on falling...

                  http://statisticstimes.com/economy/c...jected-gdp.php


                  So yeah, so much for your bullsh't rhetoric about Trump being Putin's puppet, dummies.

                  Comment


                  • Originally posted by Vlad_ View Post
                    Umm, Trump signed Russia sanctions bill in August:


                    https://www.cnn.com/2017/08/02/polit...ill/index.html



                    Trump did not impose any further sanctions this week, but the ones already there are messing Russia up pretty badly.

                    He did however release a list of Putin's allies and Oligarchs...



                    https://www.cnn.com/2018/01/29/polit...ons/index.html



                    In 2012, Russia was the 5th largest economy by GDP,

                    https://www.rt.com/business/russia-gdp-5th-largest-158/

                    In 2017 it fell to 11th place, and keeps on falling...

                    http://statisticstimes.com/economy/c...jected-gdp.php


                    So yeah, so much for your bullsh't rhetoric about Trump being Putin's puppet, dummies.
                    So in other words Trump is taking it easy on Russia? Ok, duly noted. On the same day CIA director said Russia is planning to do the same thing they did to get the sanctions imposed. But Trump is giving them a break. An that list of names means nothing when he said no action will be taken against them and if action is taken in the future it would be taken against non Russian actors. And that list was due as part of the bill he signed, hesitantly I might add. He released it 12 minutes before the midnight deadline. And after he'd already said those people wouldn't have any action taken against them

                    Comment


                    • Don’t know who you’re try’n to impress with the mumbo jumbo Igor.

                      Maybe you ought to try Russian or French next trip .....

                      Comment

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