How about not trying to compare this economy to Obama's unless you first do the leg work and compute the percent difference in fed funds rate between the two economies. The difference is stratospheric. Dont believe me? Calculate the % increase and post it.

Also,
The wage increase under Trumps economy is real, and affects ALL tiers of workers, but has mostly increased for low to middle wage workers.

The small amount of wage increase under Obama all went to upper income earners.

Jobs under Obama were part time, low wage jobs.

Job creation under Trump has been in manufacturing and construction, to the point where there are still worker shortages for open positions.

One of Greenspan's big bugs back in the 1980's had to do with low unemployment (higher than today, but below the previously accepted 'full employment' rate) which should have lead to price increases (especially wages) but it didn't... this was 'blamed' on technological improvements and efficiencies, mostly of the internet, but also robotics. While this still does continue, the employment rate has continued to meaningfully drop (around 50% of the previous 'full employment' rate) and while there still remains opportunities for automation, they low hanging fruit is done... (sometimes literally)... especially in that the 'new' economy includes lots of 'picked by hand' businesses who wouldn't automate because that is their model.

(10-04-2019 03:17 PM)Redwingtom Wrote:  Not that it matters, but did you see that trump yet again broke the law and tweeted about the latest numbers before he was legally allowed to?

No, this will not be in the articles of impeachment, but just another example of an idiot who doesn't think any laws apply to him. I wonder if he was trying to deflect from something???

Sad.

Besides, these numbers are clearly fake. That's what donny always told us when the last guy was president, right?

Well sh*t.. Between you, Nancy, and Schiffy, Trump will be impeached in no time eh Comrade?