Friday, August 03, 2018

Pool Party!

Trump has a job number that is positive (sort of).
Donald J. Trump heads to his Trump Bedminister Golf Course in New Jersey for his vacation. The House of Representatives begin their annual Summer recess. The Senate may be working for an additional 10-20 days before taking off for their summer recess. In order to force Democrats to confirm nominations including Supreme Court candidate Brett Kavanaugh, Mitch McConnell is ordering a shorten recess.

The employment rate goes down. The unemployment rate falls to 3.9 percent

The Labor Department on Friday released its hiring and unemployment figures for July. It gives us a look into how the Trump economy is working.

Given that many retail companies are closing, Trump and his minions seriously believe America's jobs are coming back and he credits the "achievements of his Jobs and Tax Cut Act" for the success.

Mind you that 157,000 jobs isn't a lot. We live in a country of 334 million Americans.

How is 157,000 jobs going to be distributed across the 50 states, the District of Columbia and the five U.S. territories where residents live?

Americans are having trouble finding permanent work. Companies are struggling to find qualified workers willing to find the right job.

American workers' average hourly paychecks grew tepidly from the previous month and are up just 2.7% compared to the same time last year. During previous expansions, wages have grown at a faster pace. Economists' maintain that wages will rise as economy drains remaining slack from the labor market and businesses' pay more to retain workers.

Although the July hiring number fell below economists' expectations, the government revised the previous months' job gains by an additional 59,000. With revisions, job gains have averaged 224,000 a month over the past three months.

Real Reason To Why Unemployment Rate Stays The Way It Is! There are 104 million active body people not working in the United States.

1. DEAD

2. BORN

3. IN PRISON

4. IN PRIMARY SCHOOL

5. IN MIDDLE SCHOOL

6. IN HIGH SCHOOL

7. IN COLLEGE NOT LOOKING

8. VOLUNTEER

9. DISABLED 

10. STAY AT HOME PARENT

11. RETIRED

12. QUIT ON THEIR OWN

13. NOT HIRING QUALIFIED

14. NATURAL DISASTERS

15. ACTIVE MILITARY 

16. NOT HIRING TOO QUALIFIED

17. LAID OFF

18. FIRED FROM THE JOB

19. DESTRUCTION TO FACILITY

20. OUTSOURCING

21. IMMIGRANTS TOO AFRAID OF BEING DETAINED BY I.C.E.

22. SHAMED BY SOCIAL MEDIA

So if you actually believe that Trump is doing good, you're wrong. We are going to see the economy tank in three years. The inept leader rollback of regulations, these tariffs, saying these ridiculous comments and pushing for tax cuts are going to hurt us all in the long term.

Most Americans believe Trump is dishonest and a racist. That's not good. People are saying that Republicans are overreaching. This could hurt their chances to hold onto Congress.

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