(07-05-2018 06:11 PM)TigerBlue4Ever Wrote:  

(07-05-2018 04:43 PM)Marc Mensa Wrote:  

(07-05-2018 04:20 PM)TechRocks Wrote:  

(07-05-2018 04:17 PM)Marc Mensa Wrote:  

(07-05-2018 04:14 PM)TechRocks Wrote:  Yeah, 90% of that was to cover undocumented democrats pouring across the border.

another miss

Yeah, ya got me. I forget they're all eligible for gubmint handouts and don't need to actually worlk.

got any more racial quips in your repertoire? I'm sure there is more from where that came.

TR nailed your hypocritical ass to the wall, I'll wait around to watch you try and squirm your way out of it. Isn't 'poke' rinds just all around bad optics for someone who's playing the race card?

let me indulge with the following preface.....

(07-05-2018 06:23 PM)Claw Wrote:  I'm not worried. Businesses don't exist to grow payrolls. They exist to grow profits. Let's see how that goes.

that's the way capitalism functions, eh?

it's pretty simple...

how it's accomplished is not so easy once the LOD hits.....

emerging is easy......competitive enviro??? ....not so much unless you have 'savvy'....

(07-05-2018 06:23 PM)Claw Wrote:  I'm not worried. Businesses don't exist to grow payrolls. They exist to grow profits. Let's see how that goes.

Indeed.

In the oilfield service industry, we always teetered between having too many employees and not having enough. After listening to a few employees complain about the workload and why we weren't adding more bodies, I explained that my choice was between working my ass off and putting up with all the troubles of running a business, or simply selling it and putting the money in the bank. If I could earn the same, or better, by putting the money in the bank, what need was there to put with all the grief?

They got the message and moral improved.

213,000 added in June. Once again, BEYOND expectations.

Of course, the employment rate increased to 4.0% so expect the liberals to use a statistic that isn't even tabulated correctly because all they have are lies, damn lies, and statistics.

The jobs report this morning says unemployment rose from 3.8% to 4%. Bad new? Hardly. The reason the rate went up is because 600,000 people re-entered the job market looking for jobs. The jobs report for last month was strong. 213K jobs were added, far more than predicted.

The best news about the jobs report this morning was that 36,000 jobs in manufacturing jobs were added. American manufacturing was given up for dead by Obama, well not Trump. Manufacturing is growing in this country and that is great news. Also the economy is growing, but not adding inflation into the mix.

https://finance.yahoo.com/news/live-june...24822.html

great job growth with little inflation. Not bad at all.

(07-06-2018 08:42 AM)fsquid Wrote:  great job growth with little inflation. Not bad at all.

I agree; however, it don't think inflation is what we need to be worried about, at least not now. The elephant in the room is the yield curve possibly inverting soon. Part of that is driven by the booming economy, or our reaction to that booming economy.

(07-06-2018 09:28 AM)VA49er Wrote:  

(07-06-2018 08:42 AM)fsquid Wrote:  great job growth with little inflation. Not bad at all.

I agree; however, it don't think inflation is what we need to be worried about, at least not now. The elephant in the room is the yield curve possibly inverting soon. Part of that is driven by the booming economy, or our reaction to that booming economy.

I was thinking from a Fed perspective. It shows that the economy isn't "too hot"