Stocks Soar from Private Sector Job Growth in May, Growth is "rip roaring"

[nacixems]

funny how the left turns anything into "Bad" lol

Saw this on a post from a friend seems to sum up most of the active posters on MMO ..

Every Trump decision, statement, tweet, typo, grunt and belch provokes mass hysteria on the left. The man cant eat his waffles in the morning without some liberal accusing him of ushering in the death of mankind.
How can this country function when half of its citizens have decided that the president is an actual comic book super villain who has hatched a devious plan to annihilate the human civilization just for the hell of it? This is REALLY what they think. I cant even overstate their madness for humorous effect anymore.

Snowflakes.

[Deleted]

Perhaps the people who actually control the money?

Even when those controlling the money have only presented a conceptual plan of what they intend to do with it?

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funny how the left turns anything into "Bad" lol

Saw this on a post from a friend seems to sum up most of the active posters on MMO ..


Snowflakes.

Excellent contribution. Not even touching the actual topic at hand, but of course you need to express your opinion about something unrelated because you deserve to be heard.

Snowflakes indeed.

[TZucchini]

Snowflakes.

"How can this country function when half of its citizens have decided that the president is an actual" KENYAN MUSLIM COMING TO TAKE UR GUNS!

Yeah. There's definitely no hypocrisy in your friends statement.

[Deleted]

funny how the left turns anything into "Bad" lol

Saw this on a post from a friend seems to sum up most of the active posters on MMO ..

Snowflakes.

Well to be fair, he did replace a Kenyan, Muslim, terrorist, gay, cultural marxist, marxist, dictator, king, tyrant, globalist, socialists oh and he is the devil and anti-christ.

The bar was set high for how much one can actually accuse a president off.

[cubby]

I know this might trigger you but... https://i.redd.it/66cj2yr5hixy.png
Also leaving the Paris Accord

Yeah, most of that wasn't him specifically doing anything. Unless you can point actual evidence/facts backing up those claims, they'll just be that - more of Trump lies.

(obviously the SCOTUS appointment, paris accord, tpp, are his - but those aren't what any rational mind calls "accomplishments")

Just as a "for example" - listed on there are:

Unemployment - nothing Trump's done has affected it. That's inherited from last admin.
Reinvestment - still not Trump.
Budget surplus - really? That's adorable. Tell me you at least know Trump did nothing for that.
Stock market - nope.
Legislation - what bills?
Paris Accord - every nation is laughing at us for leaving it.

And my favorite:
Energy - as a heads up, the Dakota pipeline isn't finished yet, isn't using U.S. steel, and is already leaking.

If you are sincerely interested in actual "things Trump has done" check out this thread - an excellent summary of the disaster known as Drumpf. With citations.

I hope the truth doesn't trigger you.

[Vertigo X]

Energy - as a heads up, the Dakota pipeline isn't finished yet, isn't using U.S. steel, and is already leaking.

Not trying to derail just want to weigh in here since this topic keeps coming up. We're largely isolated from the rest of the country in ND. Our economy is boosted by oil and Canadians. The DAPL has already caused a minor boom here and it's been great.
The spill in question was contained and relatively small. It wasn't even near Standing Rock and it was due to a pump.
And I'm not sure if you can say it's not finished yet. Everything I've read says June 1 but I can't find anything too recent.

Edit: I should add that the DAPL is the only thing as a conservative I can really thank Trump for. Its critical to our economy at the moment. And the majority of the people in this region want it.

OT: This is just momentum tbh. Just like everyone is saying. But there have been reports predicting a continued rise into 2018.

[Hellrime]

What policies that Trump has passed can you point to that would promote job growth? Or could it be that Faux News is desperate to get their ratings up, and can't admit that the robust economy Obama handed over is still going strong?

Nah, it's Trump all those policies that he passed through Congress and implemented. Oh . . . wait.

The same could be asked of the people who touted Obama as the savior of mankind. Also, about Bush so don't even go there. Everyone equates job growth and a stabilizing economy to the sitting president, it really isn't anything new. The vast majority couldn't name one single policy that made it possible. I guarantee Republicans this time last year argued that same point in reverse "Name one policy of Obama's that affected job growth?", to which they were accused of being racists and zenophobes.

I don't like Trump, nor did I care for Obama, just pointing out the logical inconsistencies among those with biases.

[cubby]

Not trying to derail just want to weigh in here since this topic keeps coming up. We're largely isolated from the rest of the country in ND. Our economy is boosted by oil and Canadians. The DAPL has already caused a minor boom here and it's been great.
The spill in question was contained and relatively small. It wasn't even near Standing Rock and it was due to a pump.
And I'm not sure if you can say it's not finished yet. Everything I've read says June 1 but I can't find anything too recent.

Edit: I should add that the DAPL is the only thing as a conservative I can really thank Trump for. Its critical to our economy at the moment. And the majority of the people in this region want it.

OT: This is just momentum tbh. Just like everyone is saying. But there have been reports predicting a continued rise into 2018.

I'm not disagreeing with any of the economics boosts to your area - I'm glad to hear it. But the policy shift shat all over the Standing Rock people.

Momentum, btw, is still being carried with the Obama administration. Four months in office doesn't impact much, in anyone's administration.

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The same could be asked of the people who touted Obama as the savior of mankind. Also, about Bush so don't even go there. Everyone equates job growth and a stabilizing economy to the sitting president, it really isn't anything new. The vast majority couldn't name one single policy that made it possible. I guarantee Republicans this time last year argued that same point in reverse "Name one policy of Obama's that affected job growth?", to which they were accused of being racists and zenophobes.

I don't like Trump, nor did I care for Obama, just pointing out the logical inconsistencies among those with biases.

You points don't make any sense. "Last year" was all Obama's administration - if you can give credit to the President for job growth, Obama's the guy who gets it.

I can name a few policies off the top of my head that ("made it possible") saved jobs, grew the economy, and bolstered growth from Obama. Regardless, the President gets the kudos when it's up, and the shits when it's down. But you don't get kudos four months in.

Plus, and I'll say this again, Trump hasn't passed any policies or legislation.

Why is DAPL "critical" to our economy?

[Narwal]

Funny how you mention all that and provide no proof of the magical thing he has done.

He restricted the EPA.

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Momentum, btw, is still being carried with the Obama administration. Four months in office doesn't impact much, in anyone's administration.

When it comes to investment in companies stock, speculation is king. If you wait for the "good" to come about before investing, you've already missed your opportunity to profit, you're late to the game. This is why only 4 months in, businesses are booming, as investors have already made their bets on the Trump policy changes and put their money into these companies, which gives them the ability to grow, innovate, and produce.

The economy did improve under Obama. It's hard for it to not have, considering he picked up when the country was at it's lowest in 50 or 60 years? It's also clear, these businesses are very excited about Trumps policies. Even as CEO's decry Trump on some of his decisions, such as the Paris Agreement for which Green Energy companies dislike... their businesses continue to boom.

[Pterodactylus]

This is great news indeed. 80,000 MORE jobs were added in May than was expected, and investor confidence in the economy soared causing stocks to hit all time highs.

Dow Jones Industrial is now at 21,081 which is the highest in US history.

Looks like Mr. Trump's policies and his no-bullshit, get-things-done attitude has been great for all Americans seeing as how more Americans have jobs than ever before, and the stock market is the most bullish its been in years.

Source:

http://www.foxbusiness.com/markets/2...n-may-adp.html

But since he hasn't done anything, policy-wise, let's just say, "Thanks Obama."

[Gestopft]

1) People like you are amusing. You think wealthy people own all the stocks? Well, guess what - most stock brokers are hired by pension schemes who are trying to bring return on investment to their pensioners who are, as a matter of fact, average friggin' citizens. You just didn't follow the money far enough.
2) Nothing happened on Obama's second term. On his first term, the world markets crashed entirely.

1) Not all the stocks, but about 80% of the market's value is owned by the top 10% of households.
2) Not sure what this is supposed to mean. Are you disputing that the market's overall trend is upward? In any case, the stock market had the 3rd highest annualized growth rate since WW2 under Obama. The Dow went from 6.4k at the bottom of the financial crisis to over 18k before Trump was elected.

[Pterodactylus]

Today's report, unemployment is at 4.3%. This is as low as its ever been.

Only 138K jobs were added, economists expected 180K jobs so that's not good.

Whoops, thanks Trump. Heh

[Vertigo X]

I'm not disagreeing with any of the economics boosts to your area - I'm glad to hear it. But the policy shift shat all over the Standing Rock people.

This I have to disagree with. There were two lines already in place running parallel to the DAPL.


Its largely a money grab by the reservation.

But I really should stop derailing I'm sorry.

Momentum, btw, is still being carried with the Obama administration. Four months in office doesn't impact much, in anyone's administration.

I don't at all disagree with you here.

[NineSpine]

This I have to disagree with. There were two lines already in place running parallel to the DAPL.


Its largely a money grab by the reservation.

But I really should stop derailing I'm sorry.




I don't at all disagree with you here.

1. You are ignoring that the land the pipeline is on was illegally seized, in violation of the treaty, from the Sioux long before the pipeline was built, and the agreement was that since it was illegally seized and was too late to correct and give it all back, development on that land is supposed to be done with their interests in mind.

2. The main issue is the pipeline going through their water source, which is a threat to their lives.

[Jimmy Woods]

This is great news indeed. 80,000 MORE jobs were added in May than was expected, and investor confidence in the economy soared causing stocks to hit all time highs.

Dow Jones Industrial is now at 21,081 which is the highest in US history.

Looks like Mr. Trump's policies and his no-bullshit, get-things-done attitude has been great for all Americans seeing as how more Americans have jobs than ever before, and the stock market is the most bullish its been in years.

Source:

http://www.foxbusiness.com/markets/2...n-may-adp.html

#FAKENEWS!!!

When you can't trust Fox Business for business news. What has this world come to??!? I mean if the Trump admin was going to release or lie about the numbers a day early then usual you would've thought Trump would mention it during his big speech yesterday.

138,000 jobs is pretty bad. 140k*12 that's 1.68 million/year those are worse than Obama numbers bro.

I know this might trigger you but... https://i.redd.it/66cj2yr5hixy.png
Also leaving the Paris Accord

I love how all or most of those investments were made while Obama was president but Trump just announced them. GM has laid off 5000 employees since Trump won. $182B surplus in April?!? Need a source for that but during tax season so possible. I read yesterday from the WaPo that the government is lacking in the revenues, although they left out April, so maybe that's correct. $182 surplus during tax season after a month of $176B deficit though...

[cubby]

1. You are ignoring that the land the pipeline is on was illegally seized, in violation of the treaty, from the Sioux long before the pipeline was built, and the agreement was that since it was illegally seized and was too late to correct and give it all back, development on that land is supposed to be done with their interests in mind.

2. The main issue is the pipeline going through their water source, which is a threat to their lives.

This is also what I understood it to be. IIRC, there was also an issue with the original/current pipelines initially going through more affluent people's "back yard" and they sued to move it, but then somehow it's ok to go through someone else's water source.

[Novakhoro]

What policies that Trump has passed can you point to that would promote job growth? Or could it be that Faux News is desperate to get their ratings up, and can't admit that the robust economy Obama handed over is still going strong?

Nah, it's Trump all those policies that he passed through Congress and implemented. Oh . . . wait.

I can't find were FoxNews said it was because of Trump, in fact I didn't even see Trump mentioned in the link, it was just a report about the economy. Are you that desperate that you have to make shit up?

Oh no, its retarded

[Paulosio]

Correction, 80k new jobs OVER AND ABOVE the expected 185k jobs in May. So May added roughly 255k NEW JOBS which far exceeded expectations.

You say it far exceeded expectations... Wall Street Journal says it was less than expected. You say 255k new jobs were added. Wall Street Journal says "the US economy added 138k jobs in May".

Who do I believe ?

http://www.thedailybeast.com/us-empl...source=copyurl
http://www.wsj.com/livecoverage/may-...yment-analysis

[Eskendereya]

Baaaaahahaha the whole time it's been "it's Bush's fault" for all of Obama's failures in regards to the economy and his miserable %1 GDP growth and ever since Trump took office and rolled back all the business killing regulations and has promoted a pro-growth agenda the same people are trying to credit Obama for the economy starting to roll. Just laughable, what a coincidence that the economy started to take off right as Obama left office and Trump took over.

Thanks Trump! Good riddance Obama!

[Draco-Onis]

Baaaaahahaha the whole time it's been "it's Bush's fault" for all of Obama's failures in regards to the economy and his miserable %1 GDP growth and ever since Trump took office and rolled back all the business killing regulations and has promoted a pro-growth agenda the same people are trying to credit Obama for the economy starting to roll. Just laughable, what a coincidence that the economy started to take off right as Obama left office and Trump took over.

Thanks Trump! Good riddance Obama!

So the unemployment rate went from 24 - 42% to 4.3% thanks to Trump even though he has enacted no economic policies that have effected the economy


Man you Trump supporters do live in another reality.