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The Trump Economy


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#321 Chef Jim

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Posted 17 April 2017 - 03:05 PM

Who cares if they are idiots if they spending money? You ok man?

 

God you're dense.  I was calling them idiots and nothing more.  You can read right? 



#322 Tiberius

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Posted 17 April 2017 - 05:18 PM

God you're dense.  I was calling them idiots and nothing more.  You can read right?


ya right. Dishonest

#323 Chef Jim

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Posted 17 April 2017 - 05:55 PM

ya right. Dishonest

 

No you're dense.  Honest.   :thumbsup:



#324 grinreaper

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Posted 20 April 2017 - 08:02 PM

http://thehill.com/r...ted-86b-in-regs

 

President Trump has saved taxpayers more than $86 billion in regulatory costs during his first three months in the White House, according to a new study from a conservative group.

The American Action Forum (AAF) points to several Obama-era regulations that Trump has either rolled back on his own or with the help of Republican lawmakers using the Congressional Review Act (CRA).

This includes the Education Department’s school accountability standards, the Environmental Protection Agency’s waters of the United States rule and the so-called “blacklisting” rule for government contractors.

 

These are just a few examples mentioned in the report. Since taking office, Trump and Congress have repealed 13 rules with the CRA. The CRA allows lawmakers to overturn recent rules they disapprove of with a simple majority in Congress, and send the action to the president for his signature.

“Just as there are fiscal costs for new significant rules, there can be savings from repealing old rules through comprehensive regulatory reform,” said Sam Batkins, director of regulatory policy at the AAF.



#325 Tiberius

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Posted 21 April 2017 - 06:32 AM

http://thehill.com/r...ted-86b-in-regs
 
President Trump has saved taxpayers more than $86 billion in regulatory costs during his first three months in the White House, according to a new study from a conservative group.
The American Action Forum (AAF) points to several Obama-era regulations that Trump has either rolled back on his own or with the help of Republican lawmakers using the Congressional Review Act (CRA).
This includes the Education Department’s school accountability standards, the Environmental Protection Agency’s waters of the United States rule and the so-called “blacklisting” rule for government contractors.

 

These are just a few examples mentioned in the report. Since taking office, Trump and Congress have repealed 13 rules with the CRA. The CRA allows lawmakers to overturn recent rules they disapprove of with a simple majority in Congress, and send the action to the president for his signature.
“Just as there are fiscal costs for new significant rules, there can be savings from repealing old rules through comprehensive regulatory reform,” said Sam Batkins, director of regulatory policy at the AAF.


Fake news

Trump probably spends more on weekend vacations than that anyway

#326 TPS

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Posted 21 April 2017 - 07:23 AM

Wonder who amongst us is less confident now than before the election. 

I'm currently less confident in the stock market. Trump needs to enact a major economic policy change or the bubble will burst. Fiddling with regulations and tweeting about companies ain't going to cut it. Nero needs to get off the golf course and use his early good will to get something passed.

#327 row_33

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Posted 21 April 2017 - 08:51 AM

I'm currently less confident in the stock market. Trump needs to enact a major economic policy change or the bubble will burst. Fiddling with regulations and tweeting about companies ain't going to cut it. Nero needs to get off the golf course and use his early good will to get something passed.

 

Every 5 or so years the market players take their cut of the profits made by the rise, causing it all to fall accordingly.

 

Nothing wrong with this, they are fully entitled.

 

And every time the media screams its a total surprise and the world is coming to an end.

 

A few times I've mentioned this to senior citizens and they put everything into $$$ just before the market "collapsed" due to the players taking their cut of profits. One saved $400,000 from this.

 

Nothing new really, but the media will turn it into the Apocalypse when it happens.



#328 grinreaper

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Posted 21 April 2017 - 08:54 AM

Fake news

Trump probably spends more on weekend vacations than that anyway

This was a very ignorant response------------------even for you.



#329 row_33

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Posted 21 April 2017 - 08:55 AM

This was a very ignorant response------------------even for you.

 

Typical he would use bitter envy to make a comment. 



#330 TPS

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Posted 21 April 2017 - 10:30 AM

 
Every 5 or so years the market players take their cut of the profits made by the rise, causing it all to fall accordingly.
 
Nothing wrong with this, they are fully entitled.
 
And every time the media screams its a total surprise and the world is coming to an end.
 
A few times I've mentioned this to senior citizens and they put everything into $$$ just before the market "collapsed" due to the players taking their cut of profits. One saved $400,000 from this.
 
Nothing new really, but the media will turn it into the Apocalypse when it happens.

yes. My point is prices were filled with optimism from his election, and now they need some substance to keep going. Barring that, its profit taking time.

#331 B-Man

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Posted 21 April 2017 - 11:09 AM

Nobody Works in One in Five U.S. Families
by Ali Meyer

 

Original Article

 

No family member was employed in 16,069,000 U.S. families in 2016, or 19.6 percent of families, according to newly released data from the Bureau of Labor Statistics. The number of families with nobody employed increased by roughly 19,000 from 2015 to 2016



#332 Tiberius

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Posted 21 April 2017 - 11:14 AM

Nobody Works in One in Five U.S. Families
by Ali Meyer

 

Original Article

 

No family member was employed in 16,069,000 U.S. families in 2016, or 19.6 percent of families, according to newly released data from the Bureau of Labor Statistics. The number of families with nobody employed increased by roughly 19,000 from 2015 to 2016

 

 

"The fact that 20 percent of families don’t have anyone working demonstrates that the labor market still has weaknesses," Ortiz said. "But the problem isn’t the number of available jobs."

 

 

Yet the immigrants keep coming and finding work. 


#333 gatorbait

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Posted 21 April 2017 - 11:59 AM

"The number of families with no workers has remained relatively steady since 1995, when the bureau began compiling the data."

"There are currently 5.7 million job openings, millions of which pay roughly $50,000 or more per year," he said. "Policymakers need to address the skills gap that is preventing these unemployed families from seizing these available good jobs."

I wish they would do a follow-up study and figure out how these families are getting by. Are they in between jobs? Living off of benefits? Running illegitimate businesses out of their house? Living off of family inheritance and trusts? Are they already retired? Dealing drugs? So many factors here to consider. Still, one-in-five was a surprise to me. Something needs to be done to get them working and paying taxes.

#334 Doc Brown

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Posted 21 April 2017 - 05:04 PM

Nobody Works in One in Five U.S. Families
by Ali Meyer

 

Original Article

 

No family member was employed in 16,069,000 U.S. families in 2016, or 19.6 percent of families, according to newly released data from the Bureau of Labor Statistics. The number of families with nobody employed increased by roughly 19,000 from 2015 to 2016

 

I actually am surprised it's not more considering the percentage is close to what it was in 1995 (19.6% to 18.9%).  



#335 TPS

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Posted 21 April 2017 - 05:40 PM

It would be good to know what % is due to retiring. The baby boomers retiring has a significant impact.

#336 GG

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Posted 21 April 2017 - 07:20 PM

yes. My point is prices were filled with optimism from his election, and now they need some substance to keep going. Barring that, its profit taking time.

 

Yup.



#337 /dev/null

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Posted 21 April 2017 - 10:37 PM

It would be good to know what % is due to retiring. The baby boomers retiring has a significant impact.

And what % of those retiring are offset by the % entering the workforce



#338 GG

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Posted 22 April 2017 - 08:53 AM

And what % of those retiring are offset by the % entering the workforce

 

Unfortunately, right now the demographics are upside down, coupled with zero prospect for immigration reform.



#339 TPS

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Posted 22 April 2017 - 11:06 AM

And what % of those retiring are offset by the % entering the workforce

as I posted in the past my generation has a significant impact on the stats. Part, not all, of the decline in the employment/pop ratio is due to this, as is the data I responded to--the demographic retiring is bigger than the current demo entering the workforce.

As An aside, as GG noted about the crackdown on immigrants, it's surprising we haven't seen greater improvement in wages.

#340 baskin

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Posted 22 April 2017 - 12:06 PM

Nobody Works in One in Five U.S. Families
by Ali Meyer
 


Original Article
 
No family member was employed in 16,069,000 U.S. families in 2016, or 19.6 percent of families, according to newly released data from the Bureau of Labor Statistics. The number of families with nobody employed increased by roughly 19,000 from 2015 to 2016


So what is Trump doing about it?