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| Another weak jobs report. |
Donald J. Trump and Republicans aren't touting the jobs report because they know the writing is on the wall. It's not good.
You're telling me that for the 50 states, the District of Columbia, and the five U.S. territories, those 136,000 jobs were spread across. A population of 335.6 million.
Right.
Jobs are on the line: The service industry. Kmart, Sears, Forever 21, Kroger, Walmart are laying people off and closing up locations.
Kroger and Walmart will survive.
Also the strike with GM is affecting the global impact of vehicle sales.
Many companies are filing for bankruptcy and closing up locations.
Unemployment drops to its lowest since 1969. Do you believe it?
Unemployment rate heads to 3.5 percent.
The weak jobs reports has forecasters predicting a recession is coming.
There got to be at least 164 million Americans not working a current time. So that means the jobs are either not paying well enough, folks are retiring or folks are dead.
We have over a lot of candidates running for the Democratic nomination. No candidate has emerged as a viable candidate to take on Trump. Impeachment talk is on the table. Trump's presidency is on the line.
Those die-hard Trump supporters will say that his leadership is successful. All the while, they find that their average wages are stalling. Many of these Trump supporters probably lost their jobs. Some are probably losing their homes due to flooding, wildfires and foreclosure.
Food prices, energy prices, rent, city services and college education have risen.
Real Reason To Why Unemployment Rate Stays The Way It Is!
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
Let me remind you, that Trump and Republicans believe austerity is the key to a strong economy and job market. The Republicans are not in control of the House of Representatives. The Democrats now control the House and will push for an agenda that Trump will likely oppose. Republicans in the Senate will continue to pass ridiculous laws that hurt the working class and middle class. They are already streamlining federal judges that could rollback years of progress.
The inept Senate leadership of Mitch McConnell is slowly getting covered. He is leading our country into the abyss. The Senate is delaying legislation on sensible gun reform. McConnell and many Republicans are fearful of the NRA and white gun owners. They clearly are ignoring the rest of America being fed up with these constant mass shootings.
Trump and Republicans believe that trickle down economics (i.e. free market capitalism) is helping Americans. Really, it's making people work harder and we're not seeing the benefits of it. So far private equity firms are buying corporations and piling on debt. These corporations can't sustain the debt and are forced to declare bankruptcy and eventually liquidation. Many of our nation's largest companies and start-ups have equity firms investing in them. When the firms want their money, they're going to get their money.
With Republicans trying to dismantle the Affordable Care Act, many of Trump's die hard supporters are going to get a culture shock when they find out their health coverage from their employer is terminated it because they are no longer forced to provide it. Or they'll keep hours lower to keep people from obtaining health insurance.
The Jobs and Tax Cut Act has added trillions of dollars of debt to the economy. The results of the tax cuts haven't produced the stability. It's still considered a very unpopular law.
Trump is destroying the economy. I won't say anything positive about him. Regardless of what happens, this is short-term success.
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