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NAFFFFFTA

Why do you want him to do so much worse than Obama ? Under his administration more than 25 million have been added to the non-farm seasonally adjusted payroll number:

https://data.bls.gov/pdq/SurveyOutputServlet?request_action=wh&graph_name=CE_cesbref1

To get this straight, Reagan adding 16 million jobs was a great victory and a vindication for Reaganomics and Trump adding 16 million would be a great performance.

Too late to edit the post to hide my stupidity :o

Why do you want him to do no better than Obama ? Under his administration more than 15 million have been added to the non-farm seasonally adjusted payroll number:

https://data.bls.gov/pdq/SurveyOutputServlet?request_action=wh&graph_name=CE_cesbref1

To get this straight, Reagan adding 16 million jobs was a great victory and a vindication for Reaganomics and Trump adding 16 million would be a great performance.

OTOH Obama adding 15 million is a damning indictment of his "terrible" economic policies which are "destroying the economy"
 
You really can't figure it out can you?

I'll explain. NAFTA was not good for many in this country. Republicans were for it including me. Democrats were against it, they were correct.

The left used to be against this. It has decimated our manufacturing base, which was predicted, all to make a few rich men even richer. But of course the leftists here are for it now.

You mean you are for it because Democrats are against it even though they were correct and even though they were for it? But Trump is against it because even though he must be for it, like you?
 
The left used to be against this. It has decimated our manufacturing base, which was predicted, all to make a few rich men even richer. But of course the leftists here are for it now.

Which is one of the things that made it easier for Russia to swing voters to Trump.

As someone who has always been against these unfair, unbalanced, and unjust "trade deals", I find myself in a very uncomfortable place when an unelected usurper psuedo-President actually advocates a policy I agree with.
 
Too late to edit the post to hide my stupidity :o

Why do you want him to do no better than Obama ? Under his administration more than 15 million have been added to the non-farm seasonally adjusted payroll number:

https://data.bls.gov/pdq/SurveyOutputServlet?request_action=wh&graph_name=CE_cesbref1

To get this straight, Reagan adding 16 million jobs was a great victory and a vindication for Reaganomics and Trump adding 16 million would be a great performance.

OTOH Obama adding 15 million is a damning indictment of his "terrible" economic policies which are "destroying the economy"

As always, those numbers are misleading, once you get into the details. What KIND of jobs? Full/part time? Decent/minimum wage? Benefits?

Taking a computer engineer and turning him into a Starbucks barrista does not represent economic progress.
 
As always, those numbers are misleading, once you get into the details. What KIND of jobs? Full/part time? Decent/minimum wage? Benefits?

Taking a computer engineer and turning him into a Starbucks barrista does not represent economic progress.
Has there really been much of that going on in the last eight years?

There's always a burger-flipping component of the economy, supported by the custom of the better-off. There can hardly be fifteen million more such jobs without any more better-paid jobs being created.
 
Which is one of the things that made it easier for Russia to swing voters to Trump.

As someone who has always been against these unfair, unbalanced, and unjust "trade deals", I find myself in a very uncomfortable place when an unelected usurper psuedo-President actually advocates a policy I agree with.
The increasing concentration of wealth has been a global phaenomenon since 1979 and the arrival of Thatcher-Reaganism. Keynes was declared dead : long live monetarism. It has nothing to do with "unfair" free trade, and everything to do with the creation of a rentier economy.
 
As always, those numbers are misleading, once you get into the details. What KIND of jobs? Full/part time? Decent/minimum wage? Benefits?

Taking a computer engineer and turning him into a Starbucks barrista does not represent economic progress.

If it is for productivity reasons, it is absolutely progress.

Suppose the output before trade was one computer program. If after trade we have one program and one latte that is growth....Growth we were not getting in the first scenario.
 
I think it was a case of a Hostile Takeover,but, yeah, they supported him, now they have to deal with him.

They backed him to the hilt. Maybe not during the primaries, in which it is customary for in-party fighting, but afterwards, just about everyone has sucked up to him.
 
Has there really been much of that going on in the last eight years?

Yes. Most of the so-called "recovery" from the Meltdown was this sort of "downgrading" of jobs.

There's always a burger-flipping component of the economy, supported by the custom of the better-off. There can hardly be fifteen million more such jobs without any more better-paid jobs being created.

http://articles.latimes.com/2012/sep/01/business/la-fi-low-paying-jobs-20120901

http://www.huffingtonpost.com/2013/05/13/low-paying-jobs_n_3266737.html


http://blogs.marketwatch.com/capito...ed-in-this-recovery-are-low-wage-study-finds/

http://www.usnews.com/news/articles...ew-york-millennials-languish-in-low-wage-jobs

This is a continuation of a long-term trend, this joke is from the early 00s. I remember it being told back in the mid 90s.

slide_10.jpg
 
If it is for productivity reasons, it is absolutely progress.

Suppose the output before trade was one computer program. If after trade we have one program and one latte that is growth....Growth we were not getting in the first scenario.

Tell that to the computer programmer, who probably was forced to train his own H1B replacement.
 
Trump ran over them. They were like rabbits in the headlights.

They endorsed him and backed him. This was voluntary behaviour on their part, so they are responsible for him and I hope nobody forgets it when Trump's idiocy becomes undeniable. I hope nobody will be taken in by their claims that they were against him all along. But they will be.
 
Yes. Most of the so-called "recovery" from the Meltdown was this sort of "downgrading" of jobs.
I still think it unlikely that there are fewer computer engineers employed in the US than eight years ago, just after the 2007-8 crash.

This is a continuation of a long-term trend, this joke is from the early 00s. I remember it being told back in the mid 90s.
A trend not confined to the US and the NAFTA area. You perhaps also remember the MBA orthodoxy of the 80's and 90's : Flatten the hierarchy. There began the hollowing out of the middle classes, a process that continues. The nature of employment has changed pretty radically in the last decade, so any job creation was going to show this pattern. NAFTA notwithstanding.
 
They endorsed him and backed him. This was voluntary behaviour on their part, so they are responsible for him and I hope nobody forgets it when Trump's idiocy becomes undeniable. I hope nobody will be taken in by their claims that they were against him all along. But they will be.
A lot of them were explicitly against him before they were for him. That argument always works, doesn't it?
 

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