Payrolls increase by nearly 1.4 million as the unemployment rate tumbles

[KenH]

“Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4% as the U.S. economy continued to climb its way out of the pandemic downturn.”

Payrolls increase by nearly 1.4 million as the unemployment rate tumbles

 

[KenH]

 

[canadyjd]

Another win for the stable genius

peace to you

 

[Salty]

Another win for the stable genius

Excuse my ignorance - what is a stable genius

 

[carpro]

“Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4% as the U.S. economy continued to climb its way out of the pandemic downturn.”

Payrolls increase by nearly 1.4 million as the unemployment rate tumbles

Shhhh.....

 

[canadyjd]

Excuse my ignorance - what is a stable genius

Stable genius=POT:S

Right after he took office, liberal media ran many stories attacking his mental condition. “Experts” were interviewed claiming he was unstable and not very smart.

In typical POT:S fashion, he said it was fake news, not only that, his mental condition was just fine, not only that, he was a genius... a “very stable genius”.

Their heads exploded and I’m still laughing.

peace to you

 

[KenH]

Shhhh.....

I couldn't care less about any political implications, if any. It is good news to share.

 

[carpro]

I couldn't care less about any political implications, if any. It is good news to share.

It is good news. That's why I was surprised to see CNBC report it so positively..

Here's how CNN reports it:

"US adds 1.4 million jobs in August, but is still down 11.5 million jobs since Covid hit" and...

"The US job market is gradually recovering from the pandemic lockdown shock"


Gotta minimize it somehow.

 

[InTheLight]

It is good news. That's why I was surprised to see CNBC report it so positively..

I've found CNBC to be pretty fair to this administration on economic news.

 

[Scott Downey]

The Fed concedes that Trump was right all along
Chew on that for a while, and Biden is (snip) (wrong)

Varney: Biden spouting nonsense on the Trump economy

He wants to get rid of gasoline, also total nonsense. One way they can do that is price it to death with very high taxation.

 

[KenH]

Chew on that for a while

This new inflation policy is very, very concerning for those of us living on a fixed income, a group which is growing more and more each day as Baby Boomers retire. If inflation averages 2% a year, then that is a 22% drop in the purchasing power of the dollar in just 10 years. So a $3,000 a month pension would effectively become a $2,340 a month pension in just 10 years.

 

[Reynolds]

“Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4% as the U.S. economy continued to climb its way out of the pandemic downturn.”

Payrolls increase by nearly 1.4 million as the unemployment rate tumbles

Despite the Democrats best efforts to wreck our economy.

 

[Reynolds]

This new inflation policy is very, very concerning for those of us living on a fixed income, a group which is growing more and more each day as Baby Boomers retire. If inflation averages 2% a year, then that is a 22% drop in the purchasing power of the dollar in just 10 years. So a $3,000 a month pension would effectively become a $2,340 a month pension in just 10 years.

I agree. Inflation will destroy our economy long term. Both patties spending like drunken sailors.

 

[Earth Wind and Fire]

“Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4% as the U.S. economy continued to climb its way out of the pandemic downturn.”

Payrolls increase by nearly 1.4 million as the unemployment rate tumbles

Where are the jobs?

 

[Earth Wind and Fire]

Excuse my ignorance - what is a stable genius

Ahhhh haaaaa .... they are referring to the creep in the WH.

 

[Earth Wind and Fire]

I agree. Inflation will destroy our economy long term. Both patties spending like drunken sailors.

Agree... so where does the money come from?

 

[KenH]

so where does the money come from?

This would be a good starting point for you to look for answers to your monetary system questions.

https://newworldeconomics.com//wp-content/uploads/2019/12/GTMP-ed4-eBook-1.pdf

 

[Earth Wind and Fire]

This would be a good starting point for you to look for answers to your monetary system questions.

https://newworldeconomics.com//wp-content/uploads/2019/12/GTMP-ed4-eBook-1.pdf

So you want me to read 304 pages of a PDF! Really!!

 

[KenH]

So you want me to read 304 pages of a PDF!

Or you could just search for answers to your questions. For instance, a search of the term "paper money" returns 23 items. Just hit CTRL-F and type what you are searching for.

 

[Earth Wind and Fire]

Or you could just search for answers to your questions. For instance, a search of the term "paper money" returns 23 items. Just hit CTRL-F and type what you are searching for.

I have an economics background thank you. My school is very much in line with Milton Friedman’s free market economy. I’m very much opposed to “too big to fail” economic structures.