I think Trump is getting reelected
Just to be clear, when unemployment is this low (3.6%), it is NOT a good thing
This! A good unemployment number is what we had last year of Obama
I did some economics courses and I’m fully onboard with fk trump, but I don’t agree with the unemployment being “too low” this is only a bad thing for companies because wages will rise and they have to accept “less skilled” workers. But this is garbage because every human has value and to say it’s okay for some people who WANT a job to be unemployed simply because it’ll allow companies to keep wages lower is something else. Every person has a right to get money and live decently, not screwing over 5% because it makes life for companies better :)
Wrong. The 3.9 unemployment number is massively deflated by not counting part time workers and demotivated people. What people used to call unemployment is now called underemployment and the government doesn’t even track it. They say it’s about 9% but it’s really probably around 13%
It’s actually around 38%.
Could be, and I think % of working age adults who don’t have a job is even closer to 50%. Nobody really knows because our brilliant economists.
Don’t really care anymore. We are moving out of the US.
Where you off to? o.O
Somewhere in Southern Europe.
Of course Trump is faking the numbers. However, everyone, including Obama, fakes the numbers too. So, you can still compare apples with apples. Low employment is generally very good thing for the economy. More people in jobs = more demand = more sales = more money. It's a virtuous cycle. The risk with low employment is it can 'overheat' the economy and drive up inflation as there is more demand. However, inflation in the US is pretty low right now at 1.9%. You're good in a spot for now.
1.9% inflation is not “pretty low”. central banks target an inflation “just below” 2%, so this is on target.
Unfortunately dems spent last couple years blaming the loss on Russia rather than trying to understand why they really lost. Trump was caught saying he sexually assults women and still won. His supporters don't care about his conduct at all. Let's quit wasting time and focus on policies that can win (not going full sjw, for example)
💯 but unfortunately most democrats aren’t as wise as you. They are gonna keep focusing on the Mueller report, calling trump racist, and trying to get his tax returns instead of proposing some policies that people might give a fuck about
Not only is the economy firing on all cylinders, but the Democrats are about to be embroiled in a massive spying scandal. Maybe the biggest political scandal in the history of the country.
I’ll start stocking up on canned goods, then.
Why? The ones you stocked on after 2016 expired? Certainly you didn't have to use them ...
He’s getting re-elected because he’s faking the numbers? It’s obvious he’s faking them; with his terrible policies, no way the economy can grow like this
The president doesnt have as much control over the economy as people give them credit for
Yeah - plus even if the economy is growing, it’s likely due to Obama’s policies