BREAKING: US adds fewer jobs than expected in September

3 years - 56 posts - Latest - RSS
OP: 3 Goods vs 7 No Goods
Thread: 50 Goods vs 129 No Goods

Political Science Rumors » Off Topic » Off Topic

BREAKING: US adds fewer jobs than expected in September

« Previous 123 Next »

Celia

"A PMI above 42.9 percent, over a period of time, generally indicates an expansion of the overall economy. Therefore, the September PMI indicates growth for the 125th consecutive month in the overall economy, and the second month of contraction following 35 straight months of growth in the manufacturing sector." - September 2019 Manufacturing ISM Report On Business.
Obama kited the US debt by $8.588 TRILLION - more than any other president - and ran record deficits (1st and 3rd HIGHEST EVER) that Trump has yet to match.
2009 -$1.632 trillion (2nd highest ever) - G.W. Bush's final FY
2010- $1.652 trillion (highest ever)
2011 -$1.229 trillion (6th highest ever)
2012 - $1.276 trillion (5th highest ever)
2013 - $672 billion
2014 - $1.086 trillion (8th highest ever)
2015 - $327 billion
2016 - $1.423 trillion (3rd highest ever)
2018 - $1.217 trillion (7th highest ever)
2019 - $1.314 trillion (4th highest ever)
Average GDP growth has been better than GDP growth under Obama, and far less variable.

Trump is presiding over the worst economic record in history.
If this is good then god help us when it turns bad. But great job squandering your country's future. In all fairness, people like you should probably be taxed to death.

Your hyperbole is exceeded only by your unfathomable stupidity and incredible ignorance.

3 years ago # QUOTE 1 YEA 1 NAY !
Gayle

An honest person would acknowledge that Obama had to deal with the costs of Bush's wars and Bush's financial crisis.

https://www.nytimes.com/2009/02/20/us/politics/20budget.html

But Celia is not an honest person, nor is his dear leader.

3 years ago # QUOTE 1 YEA 2 NAY !
Donalda

An honest person would acknowledge that Obama had to deal with the costs of Bush's wars and Bush's financial crisis.
https://www.nytimes.com/2009/02/20/us/politics/20budget.html
But Celia is not an honest person, nor is his dear leader.

Her name is Townhall troll. If you wanna know what she thinks, just turn on Fox and Friends.

3 years ago # QUOTE 0 YEA 2 NAY !
Nelson

An honest person would acknowledge that Obama had to deal with the costs of Bush's wars and Bush's financial crisis.
https://www.nytimes.com/2009/02/20/us/politics/20budget.html
But Celia is not an honest person, nor is his dear leader.

Exactly. Celia has to lie because any honest account would recognize that conservatives are economic poison.

3 years ago # QUOTE 0 YEA 2 NAY !
Donalda

https://www.gannett-cdn.com/presto/2019/05/27/PDTF/6fe09dd4-44eb-46f0-b8d8-4a3e024daa9b-052819ThompsonGangstersForWeb.jpg?width=520&height=390&fit=bounds&auto=webp

3 years ago # QUOTE 0 YEA 2 NAY !
Celia

Lowest unemployment in 50 years. Increasing labor force participation rate.
Thanks Obama! Don't forget the trillion dollar deficits, the looming global recession, the stagnant wages, and the decline in manufacturing. All trump!
Obama was no stranger to trillion dollar deficits. In fact, he ran up the two largest in world history, AFTER 2009.
Nearly three years of manufacturing growth followed by two months of mild manufacturing contraction as indicated by a survey does not equal an overall decline in manufacturing.
Hahaha, what a lame response! Obama inherited a 1.4 trillion dollar deficit, handed down by conservatives. Blaming for those deficits is just ridiculous. Trump in contrast has exploded the deficit for nothing.
Nope, sorry, manufacturing has been declining for more than a year.
Trade deficit is also considerably worse.
Growth has been mediocre but unlike Obama he inherited a growing economy.
I know the truth hurts, but trump is an economic failure. Too bad, so sad.
Nope, you're full of it.
There is NO, absolutely NO credible source that says "manufacturing has been declining for a year." What we do have is the ISM saying that manufacturing has seen growth for nearly three years, followed by two months of contraction.
"A PMI above 42.9 percent, over a period of time, generally indicates an expansion of the overall economy. Therefore, the September PMI indicates growth for the 125th consecutive month in the overall economy, and the second month of contraction following 35 straight months of growth in the manufacturing sector." - September 2019 Manufacturing ISM Report On Business.
Obama kited the US debt by $8.588 TRILLION - more than any other president - and ran record deficits (1st and 3rd HIGHEST EVER) that Trump has yet to match.
2009 -$1.632 trillion (2nd highest ever) - G.W. Bush's final FY
2010- $1.652 trillion (highest ever)
2011 -$1.229 trillion (6th highest ever)
2012 - $1.276 trillion (5th highest ever)
2013 - $672 billion
2014 - $1.086 trillion (8th highest ever)
2015 - $327 billion
2016 - $1.423 trillion (3rd highest ever)
2018 - $1.217 trillion (7th highest ever)
2019 - $1.314 trillion (4th highest ever)
Average GDP growth has been better than GDP growth under Obama, and far less variable.

Wooooow, you're just an amazing liar. No wonder you love trump, you lying liar.
Just look at the ISM (your own source). Manufacturing has been trending down for more than a year and is at its worst position in 30 years.
You've completely ignored the point that Obama INHERITED a massive deficit from conservatives. He then reduced it at the fastest rate in our history. 2016 deficit was around 500 billion, not 1.4 trillion (https://www.crfb.org/blogs/wrapping-2016-fiscal-year). Nice lie!
Now trump has more than doubled it in two years. All for no economic gain. Record trade deficit. Declining economic growth. Weak job growth. Plummeting manufacturing.
I guess this counts as the best right-wingers can do!

There is literally nowhere in the ISM report that says manufacturing has been trending down for a year. This is directly contradicted by the quote I posted.

Nor does it claim manufacturing is at its worst in 30 years. Again, this flies directly in the face of the quote I posted.

You on the other hand continue to make wholly unsupported claims.

You clearly can't tell the difference between annual deficits and the debt.

You're a liar. Not a big surprise that, you people lie about everything.

3 years ago # QUOTE 1 YEA 2 NAY !
Donalda

Blahhaaa blahhaaa blahaaa.

Great job on the trillion dollar deficits and the best GDP growth since 2015... lol

Trump has the worst economic record in history.

3 years ago # QUOTE 1 YEA 1 NAY !
Nelson

There is literally nowhere in the ISM report that says manufacturing has been trending down for a year. This is directly contradicted by the quote I posted.
Nor does it claim manufacturing is at its worst in 30 years. Again, this flies directly in the face of the quote I posted.
You on the other hand continue to make wholly unsupported claims.
You clearly can't tell the difference between annual deficits and the debt.
You're a liar. Not a big surprise that, you people lie about everything.

Poor baby doesn't like these mean facts!

ISM at its worst in 10 years: https://www.bloomberg.com/news/articles/2019-10-01/u-s-factory-gauge-sinks-to-10-year-low-as-employment-wobbles

Different measure has it worst in 30, but if you prefer the one saying 10, here you go.

Note no defense on deficits. You were caught in an outright lie on 2016. You have no response to fact that Obama reduced the deficit and trump has exploded the deficit.

No defense on weak job growth, record trade deficit, no wage growth, etc., etc.

You've got nothing and you know it. This is what conservatism always brings: decay and decline.

3 years ago # QUOTE 0 YEA 1 NAY !
Celia

Blahhaaa blahhaaa blahaaa.
Great job on the trillion dollar deficits and the best GDP growth since 2015... lol
Trump has the worst economic record in history.

Clearly not the case, but then again we've already established that you're dishonest and don't know anything about history.

3 years ago # QUOTE 1 YEA 2 NAY !
Donalda

Clearly not the case, but then again we've already established that you're dishonest and don't know anything about history.

We've established that Trump has the WORST economic record in history. Next!

3 years ago # QUOTE 1 YEA 2 NAY !
Nelson

Blahhaaa blahhaaa blahaaa.
Great job on the trillion dollar deficits and the best GDP growth since 2015... lol
Trump has the worst economic record in history.

Clearly not the case, but then again we've already established that you're dishonest and don't know anything about history.

Celia: please stop telling me facts! I'm begging you! I'm not the puppet! You're the puppet!

3 years ago # QUOTE 0 YEA 2 NAY !
Nelson

Clearly not the case, but then again we've already established that you're dishonest and don't know anything about history.

We've established that Trump has the WORST economic record in history. Next!

It's an interesting debate. Does trump have the worst economic record or was it W or Hoover? Three conservative stalwarts. What an amazing coincidence!

3 years ago # QUOTE 0 YEA 2 NAY !
Donalda

Clearly not the case, but then again we've already established that you're dishonest and don't know anything about history.
We've established that Trump has the WORST economic record in history. Next!

It's an interesting debate. Does trump have the worst economic record or was it W or Hoover? Three conservative stalwarts. What an amazing coincidence!

Relative to the conditions Trump inherited, his economic record is abysmal.

3 years ago # QUOTE 1 YEA 1 NAY !
Celia

There is literally nowhere in the ISM report that says manufacturing has been trending down for a year. This is directly contradicted by the quote I posted.
Nor does it claim manufacturing is at its worst in 30 years. Again, this flies directly in the face of the quote I posted.
You on the other hand continue to make wholly unsupported claims.
You clearly can't tell the difference between annual deficits and the debt.
You're a liar. Not a big surprise that, you people lie about everything.

Poor baby doesn't like these mean facts!
ISM at its worst in 10 years: https://www.bloomberg.com/news/articles/2019-10-01/u-s-factory-gauge-sinks-to-10-year-low-as-employment-wobbles
Different measure has it worst in 30, but if you prefer the one saying 10, here you go.
Note no defense on deficits. You were caught in an outright lie on 2016. You have no response to fact that Obama reduced the deficit and trump has exploded the deficit.
No defense on weak job growth, record trade deficit, no wage growth, etc., etc.
You've got nothing and you know it. This is what conservatism always brings: decay and decline.

You idiot, this is what the ISM report says:

"A PMI above 42.9 percent, over a period of time, generally indicates an expansion of the overall economy. Therefore, the September PMI indicates growth for the 125th consecutive month in the overall economy, and the second month of contraction following 35 straight months of growth in the manufacturing sector."

So let's get that straight:

The overall economy is still growing.

The September PMI is a second month of contraction FOLLOWING 35 MONTHS OF UNINTERRUPTED MANUFACTURING GROWTH.

https://www.instituteforsupplymanagement.org/ismreport/mfgrob.cfm?SSO=1

A paragraph from YOUR OWN (for the most part badly written and misleading article):

"The second straight reading below 50 -- the line separating expansion and contraction -- extends the drop from a 14-year high just over a year earlier and raised concern about a recession even after two straight interest-rate cuts from the Federal Reserve. Slowing global growth has damped demand for manufactured goods at home and abroad while trade policy uncertainty has disturbed supply chains and put hiring plans on hold."

3 years ago # QUOTE 1 YEA 2 NAY !
Nelson

There is literally nowhere in the ISM report that says manufacturing has been trending down for a year. This is directly contradicted by the quote I posted.
Nor does it claim manufacturing is at its worst in 30 years. Again, this flies directly in the face of the quote I posted.
You on the other hand continue to make wholly unsupported claims.
You clearly can't tell the difference between annual deficits and the debt.
You're a liar. Not a big surprise that, you people lie about everything.
Poor baby doesn't like these mean facts!
ISM at its worst in 10 years: https://www.bloomberg.com/news/articles/2019-10-01/u-s-factory-gauge-sinks-to-10-year-low-as-employment-wobbles
Different measure has it worst in 30, but if you prefer the one saying 10, here you go.
Note no defense on deficits. You were caught in an outright lie on 2016. You have no response to fact that Obama reduced the deficit and trump has exploded the deficit.
No defense on weak job growth, record trade deficit, no wage growth, etc., etc.
You've got nothing and you know it. This is what conservatism always brings: decay and decline.

You idiot, this is what the ISM report says:
"A PMI above 42.9 percent, over a period of time, generally indicates an expansion of the overall economy. Therefore, the September PMI indicates growth for the 125th consecutive month in the overall economy, and the second month of contraction following 35 straight months of growth in the manufacturing sector."
So let's get that straight:
The overall economy is still growing.
The September PMI is a second month of contraction FOLLOWING 35 MONTHS OF UNINTERRUPTED MANUFACTURING GROWTH.
https://www.instituteforsupplymanagement.org/ismreport/mfgrob.cfm?SSO=1
A paragraph from YOUR OWN (for the most part badly written and misleading article):
"The second straight reading below 50 -- the line separating expansion and contraction -- extends the drop from a 14-year high just over a year earlier and raised concern about a recession even after two straight interest-rate cuts from the Federal Reserve. Slowing global growth has damped demand for manufactured goods at home and abroad while trade policy uncertainty has disturbed supply chains and put hiring plans on hold."

Thanks for confirming this is a 10-year low in the ISM, exactly as I wrote! Really refreshing for you to admit that.

I wish you had the same honesty regarding your lie about the 2016 deficit. Or the trade deficit. Or the mediocre growth. Or...

3 years ago # QUOTE 0 YEA 1 NAY !
Nelson

ISM "raised concern about a recession even after two straight interest-rate cuts from the Federal Reserve. Slowing global growth has damped demand for manufactured goods at home and abroad while trade policy uncertainty has disturbed supply chains and put hiring plans on hold."

Hahahaha, this is what counts as a success for conservatives!

3 years ago # QUOTE 0 YEA 1 NAY !
Celia

There is literally nowhere in the ISM report that says manufacturing has been trending down for a year. This is directly contradicted by the quote I posted.
Nor does it claim manufacturing is at its worst in 30 years. Again, this flies directly in the face of the quote I posted.
You on the other hand continue to make wholly unsupported claims.
You clearly can't tell the difference between annual deficits and the debt.
You're a liar. Not a big surprise that, you people lie about everything.
Poor baby doesn't like these mean facts!
ISM at its worst in 10 years: https://www.bloomberg.com/news/articles/2019-10-01/u-s-factory-gauge-sinks-to-10-year-low-as-employment-wobbles
Different measure has it worst in 30, but if you prefer the one saying 10, here you go.
Note no defense on deficits. You were caught in an outright lie on 2016. You have no response to fact that Obama reduced the deficit and trump has exploded the deficit.
No defense on weak job growth, record trade deficit, no wage growth, etc., etc.
You've got nothing and you know it. This is what conservatism always brings: decay and decline.
You idiot, this is what the ISM report says:
"A PMI above 42.9 percent, over a period of time, generally indicates an expansion of the overall economy. Therefore, the September PMI indicates growth for the 125th consecutive month in the overall economy, and the second month of contraction following 35 straight months of growth in the manufacturing sector."
So let's get that straight:
The overall economy is still growing.
The September PMI is a second month of contraction FOLLOWING 35 MONTHS OF UNINTERRUPTED MANUFACTURING GROWTH.
https://www.instituteforsupplymanagement.org/ismreport/mfgrob.cfm?SSO=1
A paragraph from YOUR OWN (for the most part badly written and misleading article):
"The second straight reading below 50 -- the line separating expansion and contraction -- extends the drop from a 14-year high just over a year earlier and raised concern about a recession even after two straight interest-rate cuts from the Federal Reserve. Slowing global growth has damped demand for manufactured goods at home and abroad while trade policy uncertainty has disturbed supply chains and put hiring plans on hold."

Thanks for confirming this is a 10-year low in the ISM, exactly as I wrote! Really refreshing for you to admit that.
I wish you had the same honesty regarding your lie about the 2016 deficit. Or the trade deficit. Or the mediocre growth. Or...

BWAHAHA... You can't even tell the difference between the ISM - the organization that conducts the survey - and the PMI. Hint: the PMI is the score.

Do you even understand that it's not a measure of overall manufacturing activity but a survey indicating overall direction of manufacturing growth or contraction? Apparently not.

What a moron.

3 years ago # QUOTE 1 YEA 2 NAY !
Donalda

ISM "raised concern about a recession even after two straight interest-rate cuts from the Federal Reserve. Slowing global growth has damped demand for manufactured goods at home and abroad while trade policy uncertainty has disturbed supply chains and put hiring plans on hold."
Hahahaha, this is what counts as a success for conservatives!

Townhall troll has a penchant for citing sources that directly contradict his own assertions.

Classic PSR debate:

Townhall troll: California takes 11% of welfare funding
Opponent: California has 12% of the US population
Townhall troll: Oh, really? Well they still take more funding than anyone else!

3 years ago # QUOTE 0 YEA 2 NAY !
Glenna

Lowest unemployment in 50 years. Increasing labor force participation rate.
Only half of what you wrote is true.
According to the BLS both sentences are true:
BLS Reports Lowest Unemployment in 50 Years
https://www.shrm.org/resourcesandtools/hr-topics/talent-acquisition/pages/bls-hr-jobs-unemployment-april-2019.aspx
https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm
Labor force participation has been dropping for years. There is a slight uptick for women in the last two years, but it’s just a blip, and men are dropping like flies.

Look at the graph. That's total labor force participation, not just for women.

Brain surgeon detected.

3 years ago # QUOTE 0 YEA 2 NAY !
Celia

ISM "raised concern about a recession even after two straight interest-rate cuts from the Federal Reserve. Slowing global growth has damped demand for manufactured goods at home and abroad while trade policy uncertainty has disturbed supply chains and put hiring plans on hold."
Hahahaha, this is what counts as a success for conservatives!

Wow, laying slowing global growth at the feet of US domestic policy is really stupid.

3 years ago # QUOTE 1 YEA 3 NAY !

« Previous 123 Next »

BREAKING: US adds fewer jobs than expected in September

Reply »