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Reports of protests are overblown. A few incidents around the country, but nothing major.

5 (45.5%)

A few major incidents in capitals, but nothing much in DC.

5 (45.5%)

A major incident in DC, but nothing much around the country.

0 (0%)

More than 10 capitals have major upheavals, but nothing much in DC.

0 (0%)

A major incident in DC plus more than 10 capitals with significant upheavals.

1 (9.1%)

More than half the capitals around the country have problems with protesters, but DC is quiet.

0 (0%)

DC has major problems, while more than half the capitals around the country also have considerable trouble with protesters.

0 (0%)

Huge disruption to the day.

0 (0%)

Total Members Voted: 9

Voting closed: January 19, 2021, 10:49:21 PM

[Hairy Lime]

News Item
 
WASHINGTON—U.S. employers hired at a solid clip in October, showing the job market remains strong even in the face of labor strikes and trade disputes.

The economy added 128,000 jobs in October, the Labor Department reported Friday. Job creation in September and August was revised up by a net 95,000. The jobless rate ticked up to 3.6% last month from 3.5% in September. The prior month’s reading was the lowest rate since December 1969.

Meanwhile, wage gains continued to outpace inflation. Average hourly earnings climbed 3% from October 2018.Yes

And yet job growth in the 33 months of the Trump administration continues to lag, by over a million jobs, the job growth over the last 33 months of the Obama administration.

Uh huh. LOL.

Laugh away. According to the Bureau of Labor Statistics,  from February 17 to October 19, 6.25 million jobs created. From May 14 through January 17, 7.38 million jobs created. And that disparity is going to grow. Numbers are numbers.

[REDSTATEWARD]

News Item
 
WASHINGTON—U.S. employers hired at a solid clip in October, showing the job market remains strong even in the face of labor strikes and trade disputes.

The economy added 128,000 jobs in October, the Labor Department reported Friday. Job creation in September and August was revised up by a net 95,000. The jobless rate ticked up to 3.6% last month from 3.5% in September. The prior month’s reading was the lowest rate since December 1969.

Meanwhile, wage gains continued to outpace inflation. Average hourly earnings climbed 3% from October 2018.Yes

And yet job growth in the 33 months of the Trump administration continues to lag, by over a million jobs, the job growth over the last 33 months of the Obama administration.

Uh huh. LOL.

Laugh away. According to the Bureau of Labor Statistics,  from February 17 to October 19, 6.25 million jobs created. From May 14 through January 17, 7.38 million jobs created. And that disparity is going to grow. Numbers are numbers.

I’m guessing that none of the dem hopefuls will try a campaign theme that “economic times were better under Obama”.
Not with the country now at near full employment and companies begging for employees to fill newly created jobs.

[NeedsAdjustments]

I’m guessing that none of the dem hopefuls will try a campaign theme that “economic times were better under Obama”.

They will argue, and have, that Trump’s economy has benefitted from a continuity from Obama’s.  And that argument also happens to be the truth.  Obama put us on the right path, and the best you could say about Trump before he started an unnecessary and unfocused trade war with China was that he didn’t fuck it up.

[barton]

The real numbers that conservatives shy away from is the trillion dollar deficits we are running.  Eventually, debt maintenance becomes the bulk of government spending.  Think of the improvements in infrastructure, public education, fostering innovation, etc. we could have had with the over 300 billion we paid this FY in debt services. 

https://www.reuters.com/article/us-usa-economy-budget/u-s-governments-annual-budget-deficit-largest-since-2012-idUSKBN1X426T

It is the first time since the early 1980s that the budget gap has widened over four consecutive years. The figures reflect the second full budget year under U.S. President Donald Trump, a Republican, and come at a time when the country has an expanding tax base with moderate economic growth and an unemployment rate currently near a 50-year low.

The annual budget deficit had been reduced to $585 billion by the end of former President Barack Obama’s second term in 2016 and Republicans in Congress during that time criticized Obama, a Democrat, for not reducing it further.

“This is an administration that came in talking about reducing the deficit and over their term in office, they’ve quite frankly been increasing,” said Bill Hoagland, Senior Vice President at the Bipartisan Policy Center. “We normally reduce deficits in times of growth.”

The economy grew 2.9% in 2018 but activity is slowing as the stimulus from the $1.5 trillion tax cut package fades and the prolonged U.S-China trade war weighs on business investment.

There was higher spending on defense, healthcare and social security programs, the data showed. The United States has an ageing population and economists have warned that the cost of mandatory spending on Social Security and Medicare as well as federal retirement programs for the elderly will be fiscally unsustainable.

Earlier this year the U.S. Congress passed a two-year budget deal backed by Trump that would increase federal spending on defense and other domestic programs.

Some of the widening of the deficit came from more spending on interest payments on the national debt. Borrowing has increased over the past year.

[REDSTATEWARD]

I’m guessing that none of the dem hopefuls will try a campaign theme that “economic times were better under Obama”.

They will argue, and have, that Trump’s economy has benefitted from a continuity from Obama’s.  And that argument also happens to be the truth.  Obama put us on the right path, and the best you could say about Trump before he started an unnecessary and unfocused trade war with China was that he didn’t fuck it up.

I’m not a fan of tariffs and trade wars as executed by Trump. That’s why I didnt vote for him.
In reality they have held down the growth that would be much higher due to the tax cuts and rollbacks of Obama’s regulatory overkill.

[oilcan]

Wow, he did it again.  Skipped right over the harrowing debt service situation that Bart just posted.  That's because he would have to admit that tax cuts really didn't help with the national debt.  Or business investment.  And have to admit that this year's deficit is nearly double what Obama had gotten it down to in his final year.  And that he himself criticized Obama for not lowering it further.

The intellectually dishonest survive by never responding to facts that don't fit their limited worldview. 

[oilcan]

But Morrison offered an opening for Republicans by saying that he did not believe anything illegal was discussed in the call between Trump and Ukrainian President Volodymyr Zelensky.
That offered the GOP a rare chance to pounce on testimony from the closed-door depositions to boost Trump's case.
"Mr. Morrison's testimony was very damaging to the Democrats' narrative," said Rep. Mark Meadows, a North Carolina Republican, who is one of Trump's strongest supporters.

B-but, I though the closed door, supersecret, Soviet-style inquiry was keeping Republicans from hearing all that testimony and they were only being allowed to hear biased leaks blah blah blah....

[NeedsAdjustments]

https://www.newsweek.com/fox-news-judge-proof-trump-impeachment-inquiry-undisputed-1469212

Fox News' Judge Andrew Napolitano said that the proof of President Donald Trump's potentially impeachable offenses is largely undisputed and that congressional Republicans have no credible line of defense to protect him.

"Their defense of the president has addressed process, not proof," Napolitano wrote. "The proof is largely undisputed, except by the president himself. It consists of admissions, testimony and documents, which show that Trump sought to induce the government of Ukraine to become involved in the 2020 presidential election."

He added that it's a "mouthful of facts to swallow in one bite, but the legal implications are straightforward and profound."

Well said.

[NeedsAdjustments]

I’m guessing that none of the dem hopefuls will try a campaign theme that “economic times were better under Obama”.

They will argue, and have, that Trump’s economy has benefitted from a continuity from Obama’s.  And that argument also happens to be the truth.  Obama put us on the right path, and the best you could say about Trump before he started an unnecessary and unfocused trade war with China was that he didn’t fuck it up.

I’m not a fan of tariffs and trade wars as executed by Trump. That’s why I didnt vote for him.
In reality they have held down the growth that would be much higher due to the tax cuts and rollbacks of Obama’s regulatory overkill.

Its certainly possible that without the trade war the Fed wouldn't feel the need to cut rates to keep the economy afloat.  They have said as much.  Beyond that, hard to say where we would be.  "Much higher" certainly relative.

As for the rollbacks of regulations, well as I posted our air quality is measurably worse, which is leading to more sickness and death.  So there is that.  And it hasn't led to a comeback of the coal industry, while manufacturing in general is hurting.  So...hard to see the benefit of regulatory rollbacks in an economy that is being juiced by government and consumer spending.

[REDSTATEWARD]

I’m guessing that none of the dem hopefuls will try a campaign theme that “economic times were better under Obama”.

They will argue, and have, that Trump’s economy has benefitted from a continuity from Obama’s.  And that argument also happens to be the truth.  Obama put us on the right path, and the best you could say about Trump before he started an unnecessary and unfocused trade war with China was that he didn’t fuck it up.

I’m not a fan of tariffs and trade wars as executed by Trump. That’s why I didnt vote for him.
In reality they have held down the growth that would be much higher due to the tax cuts and rollbacks of Obama’s regulatory overkill.

Its certainly possible that without the trade war the Fed wouldn't feel the need to cut rates to keep the economy afloat.  They have said as much.  Beyond that, hard to say where we would be.  "Much higher" certainly relative.

As for the rollbacks of regulations, well as I posted our air quality is measurably worse, which is leading to more sickness and death.  So there is that.  And it hasn't led to a comeback of the coal industry, while manufacturing in general is hurting.  So...hard to see the benefit of regulatory rollbacks in an economy that is being juiced by government and consumer spending.

LOL
More consumer spending due to decreased taxes, wage increases, and more jobs bringing more people out of unemployment.
The National Federation of Independent Business (NFIB)finds that 60% of surveyed firms hired or tried to hire during October, a monthly increase of three percentage points. Future hiring plans increased as well. “A seasonally-adjusted net 18 percent plan to create new jobs, up 1 point,reports Chief NFIB Chief Economist William  Dunkelberg. He adds that the limited supply of workers is naturally forcing employers to raise wages to satisfy their demand for labor


As wages rise more and more workers will leave the sidelines to fill the created jobs

[facilitatorn]

Trump farm failures is probably the biggest impact the misadministration has had on the economy, eclipsing the boom in concentration camps, and the legal fees of crooked republicans and the fake first family (first fake family).

[NeedsAdjustments]

More consumer spending due to decreased taxes, wage increases, and more jobs bringing more people out of unemployment.

We were talking about regulatory rollbacks.

The role that tax cuts targeted primarily to the already wealthy and corporations play in increased consumer spending would be limited, if there is any at all.
The role played by job increase trends that were started and more effective under Obama on what little wage increases we are seeing has been explained to you here, by me.  Glad you now see it.

What role regulatory rollbacks play in any of that is hard to see, though as stated the contribution those rollbacks have had in a shittier and more unhealthy environment that has led to more sickness and death is measurable and established.

[facilitatorn]

Job growth in late stage health and hospice care and of course the mortuary business. A fine trade off for trump’s massive losses in farming and manufacturing.

[REDSTATEWARD]

More consumer spending due to decreased taxes, wage increases, and more jobs bringing more people out of unemployment.

We were talking about regulatory rollbacks.

I was talking about the improved economy thanks to decreased taxes and bureaucratic red tape imposed by unnecessary regulations.

The role that tax cuts targeted primarily to the already wealthy and corporations play in increased consumer spending would be limited, if there is any at all.

obviously not since consumer spending is a driving force in the improving economy.

The role played by job increase trends that were started and more effective under Obama on what little wage increases we are seeing has been explained to you here, by me.  Glad you now see it.

I can see you are blind to what has happened. We now have record employment, and more jobs than workers able to fill them. A situation that increasing wages will help to correct.

What role regulatory rollbacks play in any of that is hard to see, though as stated the contribution those rollbacks have had in a shittier and more unhealthy environment that has led to more sickness and death is measurable and established.

LOL I can see why Impeachment is your more favored topic.
Good luck with that.

[facilitatorn]

Trump is letting Red put concrete into the food supply? No surprise there.