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U.S. Jobless Claims Plunge to Lowest Weekly Tally Since 1973

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On 1/18/2018 at 5:44 PM, spookyturtle said:

What has the trend been for the past 4 years?

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http://www.thegatewaypundit.com/2018/01/here-it-is-complete-list-of-president-trumps-miraculous-accomplishments-his-first-year-in-office/

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https://www.cnbc.com/2018/01/23/j-p-morgan-to-spend-20-billion-after-tax-cuts-on-jobs-branches.html

JP Morgan Chase to build 400 new branches, raise wages because of the tax cut

  • Some 22,000 workers will get hourly pay hikes of between $15 and $18.
  • Chase plans to increase branches by nearly 8 percent with 400 new locations.
  • The bank will also boost small business lending and charitable giving.
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https://www.washingtonpost.com/news/wonk/wp/2017/03/10/19-times-trump-called-the-jobs-numbers-fake-before-they-made-him-look-good/?utm_term=.37e5dbd0f95e

 

This is my favorite part of this whole unemployment business.

 

Have we changed the way we measure unemployment since Trump complained about it being fake? Or are they just suddenly magically accurate now?

 

Honestly I think the real number is far far higher. I've heard 20%. Even 25%. One person told me 40%

 

I think we have 40% unemployment right now.

Edited by bcking
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7 minutes ago, bcking said:

https://www.washingtonpost.com/news/wonk/wp/2017/03/10/19-times-trump-called-the-jobs-numbers-fake-before-they-made-him-look-good/?utm_term=.37e5dbd0f95e

 

This is my favorite part of this whole unemployment business.

 

Have we changed the way we measure unemployment since Trump complained about it being fake? Or are they just suddenly magically accurate now?

 

Honestly I think the real number is far far higher. I've heard 20%. Even 25%. One person told me 40%

 

I think we have 40% unemployment right now.

I heard 100%, or is that just Democrat wishful thinking?  It is interesting as to how the mainstream media ignored the other numbers to make one president look good, but the other president doesn't get the same treatment.  No media bias....Right?

Edited by Bill & Katya

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1 minute ago, Bill & Katya said:

I heard 100%, or is that just Democrat wishful thinking?

I'm using the same sources Trump used during his campaign.

 

I ask again -

 

Have we changed how we calculate the number? Why is it suddenly accurate when it wasn't before? What changed?

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1 minute ago, bcking said:

I'm using the same sources Trump used during his campaign.

 

I ask again -

 

Have we changed how we calculate the number? Why is it suddenly accurate when it wasn't before? What changed?

It is called political flip-flopping.  Kind of like what Chuck Schumer did yesterday.  Still didn't answer my question.

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5 minutes ago, Bill & Katya said:

It is called political flip-flopping.  Kind of like what Chuck Schumer did yesterday.  Still didn't answer my question.

Which question? The "wishful thinking" question? You'd have to ask your source that told you 100%. I haven't heard that.

 

10 minutes ago, Bill & Katya said:

I heard 100%, or is that just Democrat wishful thinking?  It is interesting as to how the mainstream media ignored the other numbers to make one president look good, but the other president doesn't get the same treatment.  No media bias....Right?

Just to be clear the "other numbers" are what exactly? The numbers that Trump made up when he said 20%? 

 

It should be pretty obvious why they would be ignored... I don't see any mainstream media outlets touting them now that he is President though. Is CNN reporting unemployment in the teens right now? 

 

The only group that seems to be "flip flopping" on this issue are Trump and his supporters. They claim horrible unemployment rates until Trump takes office then suddenly those same numbers look great. 

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4 minutes ago, bcking said:

Which question? The "wishful thinking" question? You'd have to ask your source that told you 100%. I haven't heard that.

 

Just to be clear the "other numbers" are what exactly? The numbers that Trump made up when he said 20%? 

 

It should be pretty obvious why they would be ignored... I don't see any mainstream media outlets touting them now that he is President though. Is CNN reporting unemployment in the teens right now? 

 

The only group that seems to be "flip flopping" on this issue are Trump and his supporters. They claim horrible unemployment rates until Trump takes office then suddenly those same numbers look great. 

Politicians lie and change their minds.  I thought you knew that?  As to my question, yes, aren't the Dems wanting everyone to be dependent on the government?

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1 minute ago, Bill & Katya said:

Politicians lie and change their minds.  I thought you knew that?  As to my question, yes, aren't the Dems wanting everyone to be dependent on the government?

I don't speak for "the Dems" but I don't recall reading anything that suggests that they want everyone to be dependent. I also don't recall reading anyone claiming unemployment is or should be 100%.

 

I do know that. I'm just pointing it out in this instance because it is relevant to the original topic. Trump and his fans are celebrating numbers using the very same methods that Trump once claimed was bogus.  It's called being hypocritical. 

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1 minute ago, bcking said:

I don't speak for "the Dems" but I don't recall reading anything that suggests that they want everyone to be dependent. I also don't recall reading anyone claiming unemployment is or should be 100%.

 

I do know that. I'm just pointing it out in this instance because it is relevant to the original topic. Trump and his fans are celebrating numbers using the very same methods that Trump once claimed was bogus.  It's called being hypocritical. 

Sure, what else do you expect? 

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3 minutes ago, Bill & Katya said:

Sure, what else do you expect? 

I don't expect anything more from Trump. It's pretty par for the course when it comes to how he behaves and what he says.

 

It's always worth pointing out a hypocrite though. President, fanboy or otherwise.

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More winning

 

https://www.cnbc.com/2018/01/25/home-depot-bonuses-heres-what-workers-will-receive.html

Home Depot bonuses: Here's what workers will receive

  • Home Depot's bonus payments will be determined based on a person's length of service, similar to Walmart's strategy.
  • The payouts range from $200 at minimum to up to $1,000 for all hourly employees in the U.S.
  • Home Depot joins a growing list of corporations using new tax benefits to invest in their workers.
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On 1/23/2018 at 1:09 PM, bcking said:

I'm using the same sources Trump used during his campaign.

 

I ask again -

 

Have we changed how we calculate the number? Why is it suddenly accurate when it wasn't before? What changed?

To my knowledge, the only time the numbers were changed (or more accurately, how unemployment was defined), was under Obama.  Not sure why that change happened, but it discounted a LOT of unemployed folks and falsely lowered the unemployment rates. 

 

I look at the worst ones given, and add another 1.5-2% to them, because there are people who quit or are fired and never go to an unemployment office to “be counted”.

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