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Politics : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Mongo2116 who wrote (45121)12/4/2021 11:42:31 AM
From: Sdgla  Read Replies (1) | Respond to of 73657
 
November Jobs Report Massively Misses Expectations, 210k Added vs 535k Anticipated, Financial Media Confused
December 3, 2021 | Sundance | 158 Comments

The financial punditry class are befuddled, confused and perplexed. The Bureau of Labor and Statistics released the November jobs report [ data here] showing a six figure miss from expectations. Economists were expecting around 535,000 additional jobs; however, the U.S. added only 210,000 jobs according to the new data.

The situation itself is not that difficult to understand when you look at Main Street. However, so many of the professional punditry class are confused because they only focus on the Wall Street economy, their only prism of reference for the last several decades.

Americans are preparing, cutting back and hunkering down from the Hurricane that is Joe Biden’s inflation.

Inside the jobs numbers, you will note the areas where consumer spending contraction first hits: retail, luxury, leisure and hospitality, is the area where November employment was flat or jobs were lost. DUH!

The ‘retail sector‘ lost 20,000 jobs in November. Think about that. What usually happens in November? People are hired to handle holiday seasonal shopping…. but they weren’t… why not? The professional economic punditry cannot figure it out, so they avoid those questions entirely. Those questions hold the key to unlocking the understanding. Does the “pretending not to know things” ring familiar?

The damn jobs report is simply reflecting how Main Street USA workers, consumers, spenders and survivors live when gasoline, energy and food costs necessarily skyrocket. The November employment results are a reflection of the blue collar prepper mindset. This is not hard to figure out. As long as inflation continues to hit items that cannot be avoided, at a level that is two to five times the rate of wage growth, decisions are made that are based on checkbook economics.

The cognitive dissonance is quite remarkable look:

(more…)



To: Mongo2116 who wrote (45121)12/5/2021 11:39:52 AM
From: Sdgla1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (1) | Respond to of 73657
 
Trumps tax cuts benefitted the middle class working Americans most. #LGB !



To: Mongo2116 who wrote (45121)12/5/2021 3:33:13 PM
From: GROUND ZERO™3 Recommendations

Recommended By
AJ Muckenfus
Qualified Opinion
vixson

  Read Replies (1) | Respond to of 73657
 
Not some, not many, not most, but ALL the Planned Parenthood clinics, every last one of them, are located in poor black neighborhoods and most of the abortions done there are of black babies...

This is nothing more than planned infanticide of the black population, how can anyone say otherwise, that Planned Parenthood isn't racist against the black population...

The woman who founded Planned Parenthood, Margaret Sanger, was a know racist, why is anything different today???

She wanted to exterminate "lesser' humans...

And THIS is what the lunatic democrats are pushing, they put lipstick on black infant slaughter and call it "health care," who do they think they're kidding???

hli.org

GZ