Jobs have increased for each month for many, many years, dating back to the beginning of the end of the recession in about 2010-2011. So it's no big news to say jobs increased in a specific month. It is estimated that job growth should be at least 150,000 in an expanding economy. Unemployment actually rose last month to 3.6%. Delaying the recession? The fact that you are expecting a recession at some point in the not too distant future is not good news, delayed or notIn 2010 employment had no where to go but up. But when you have unemployment at a fifty year low and you are still creating even more jobs that's amazing.
There have been some progress on immigration under Trump which is why I don't give him an "F". Just because someone comes up to our borders and asks for asylum does not mean that person should be granted asylum. Trump just approved a plan limiting refugees to 18,000 in 2020. This year it was 30,000. Under Obama it was 85,000. Trump has made it very clear who he wants to enter our country -- white, educated, English-speaking people with high-level job skills. Forget our country's long history of accepting those who REALLY need what our country can offer. Then we can move on to Trump's travel bans, which have discriminated against Muslims. Then we can talk about "the wall" which most people in this country oppose and when Trump could not get funding through Congress, he went through the back door and "stole" money from funded projects in order to fund the wall. A wall that people can cut through with a simple reciprocating saw.
I am slightly to the left of center politically. I am not Socialist and most definitely not Marxist. I believe in the balance of power in the federal government and do not like it when the POTUS, the House and the Senate are controlled by one party. The only socialistic policy I see being pushed by those on the "far left" (Sanders or Warren) is Medicare For All. IF it was financially feasible I would support it 100%. No one is close to pushing for government takeover of private business which is REAL socialism. This is simply fear-mongering by Trump and his supporters. Originally Posted by SpeedRacerXXX
The way this came about though is destructive, in my opinion. It's happening by delaying an otherwise inevitable recession because of running huge deficits and stimulating the economy with tax cuts and low interest rates.
I point it out because the Fed is the author of this policy, and the reason is that they are pulling out all the stops to prevent Warren or the other Dems from being elected.
Unlike Hilary and Obama, Trump was not the darling of Wall Street, and Wall Street did not previously support him -- they supported Hilary.
But now that Warren and Buttigieg are the alternatives Wall Street is delaying the recession so Trump will be elected again.
And that is why I've made this prediction.
Because if the recession came now Trump would lose.