Under Pres Donald BOOM BOOM Ttump, unemployment falls to ZERO

[SyKoKo]

Yipeeee

 

[phrodeau]

https://cdn.meme.am/instances/45590158.jpg

 

[Parminderjeet]

Yipeeee

You must have read it wrong, that's his approval rating.

 

[phrodeau]

The taco truck is hiring.

 

[phrodeau]

Last March, Obama created 215,000 new jobs. This March, Trump created 98,000 new jobs.

I guess he needs to approve a lot more pipelines, hm.

 

[SyKoKo]

Sore Lou Zar CuntClinton and Belinda Obama Bots are out in full farce

 

[phrodeau]

98,000 is pathetic. Could mean another recession. Honey badger is an idiot.

 

[SyKoKo]

Vote CuntClinton polls close 2019

 

[Comentarista82]

unemployment

will never fall to zero. I remember this question from my economics classes, and basically there will always be (under the best free-market principles and minimal government) about 4-5% unemployment because that allows for workers to remain mobile and switch jobs where they need/want to.

Of course, the current unemployment rate isn't what the BLS reports and even the U6 number isn't even close. That's a farce since the calculation got modified when Clinton was in office to leave out workers no longer looking.

 

[Tristyn]

Vote CuntClinton polls close 2019

Bernie in 2020

 

[SyKoKo]

Bernie in 2020

yup, old rich white guy and a thief of a FAT WIFE

 

[THECPKID]

will never fall to zero. I remember this question from my economics classes, and basically there will always be (under the best free-market principles and minimal government) about 4-5% unemployment because that allows for workers to remain mobile and switch jobs where they need/want to.

Of course, the current unemployment rate isn't what the BLS reports and even the U6 number isn't even close. That's a farce since the calculation got modified when Clinton was in office to leave out workers no longer looking.

Right answer And if it feel below 4% wages would increase leading to inflation

 

[THECPKID]

Bernie in 2020

He'll be 79 yrs old

 

[4est_4est_Gump]

Right answer And if it feel below 4% wages would increase leading to inflation

Wrong.

Inflation is a product of central banking.

The only way that employment goes under 4% is that demand, at the current price, drives producers to hire more minimum wage workers, and we all know that cannot happen because minimum wage workers are not productive.

 

[THECPKID]

Wrong.

Inflation is a product of central banking.

The only way that employment goes under 4% is that demand, at the current price, drives producers to hire more minimum wage workers, and we all know that cannot happen because minimum wage workers are not productive.

..but if there's shortage of skilled labor, employers must offer more benifits and pass the costs onto their customers - infation

 

[4est_4est_Gump]

A shortage of "skilled labor" is pretty rare and does not produce inflation, as you point out, it raises costs, but the consumer usually pays the cost and cuts spending in another area or searches out an alternative good, or doesn't make a purchase at all, relieving the producer of the pressure to take on more "skilled labor."

The only creator of real inflation is the central bank and government policy. Government, in its zeal to buy votes, trades out currency backed by a real, solid commodity and replaces it with fiat money backed by our good and full faith in the government. As we saw with President Obama, those closest to the inflation, banks and Wall Street did very well by getting the new dollars first, but the rest of us, were being paid in dollars worth less than before while producers, knowing that the money is worth less raised prices in anticipation of the higher costs of future raw material.

 

[RoryN]

[Spamming, bumping multiple threads in order to flood the forum, posting same content to multiple locations, or screen-stretching to disrupt the forum is prohibited per our forum guidelines.] - Last Warning Already Given

 

[RobDownSouth]

22 million unemployed now.

THIS thread didn't age well.

164 million total employment in Feb 2020
142 million total employment in Apr 2020

"That's less than two percent!" - Conager
"All this excitement over a hoax virus!" - AJ
"We need to get America working again so my welfare check is not interrupted" -BoBo

 

[Hugh_Essay]

Trump made boom boom in his bed.

 

[Stewart_Pidd]

https://i.imgflip.com/3ww3i3.jpg

 

[RobDownSouth]

put another way: every single job created in the eight years of the Obama administration has now disappeared in the past two months of the Trump administration.

SAD

#MAGA

 

[great lover]

put another way: every single job created in the eight years of the Obama administration has now disappeared in the past two months of the Trump administration.

SAD

#MAGA

It is not Trump's fault!

 

[teeAhee]

put another way: every single job created in the eight years of the Obama administration has now disappeared in the past two months of the Trump administration.

SAD

#MAGA

Blame China/DUMZ

 

[Adre]

It is not Trump's fault!

Nothing ever is! “I take no responsibility.”

 

[Adre]

Blame China/DUMZ

Blame China?


"China has been working very hard to contain the Coronavirus," Trump tweeted on January 24, "The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!"