It's the Economy Stoopid

[Anonymous]

Retail sales in May up 15% after April's drop of 18%. Yep, market up again... OM good!

[Anonymous]

ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

[Anonymous]

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

LOL as the Sun Belt is closing down. Good luck with that.

Until there is a vaccine and unless the American public wakes up to wearing masks, washing hands and contact tracing, our schools are not going to fully re-open and our economy is not going to get back to where it was. How many more trillions in PPP and trump graft do you think we can tolerate before our economy totally collapses?

[Anonymous]

Anonymous wrote:

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

LOL as the Sun Belt is closing down. Good luck with that.

Until there is a vaccine and unless the American public wakes up to wearing masks, washing hands and contact tracing, our schools are not going to fully re-open and our economy is not going to get back to where it was. How many more trillions in PPP and trump graft do you think we can tolerate before our economy totally collapses?

But Trumpers will go out spread their money and germs until they’re placed in an ICU

[Anonymous]

AZ has implemented rationed care. How does an economy recover when that is happening?

[Anonymous]

Two months ago Trump and Birx predicted embers yet the left ignored and now using that as an excuse for great economic numbers...

[Anonymous]

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

False hope to Republicans.

Stop hoping this will all go away and DO SOMETHING to handle this virus.

[Anonymous]

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

1 million of those jobs are in leisure/hospitality. Good luck with that.

[Anonymous]

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

Historically, Octobers are absolute sh**shows. So, don’t count your chickens, or shares, as the case may be.

[Anonymous]

Second quarter economy was the best in 22 years. Heads are exploding all over the left.

https://www.cbsnews.com/news/stock-market-best-quarter-1998-coronavirus/

[Anonymous]

The economy is permanently altered. It's already baked in. Whomever wins in November is going to have a lot of problems because we will lose up to one third of the pre-virus jobs. It only doesn't look that bad yet because the Paycheck protection program has covered up a lot of the losses and lots of businesses are still trying to hold on. This is why the failure to coordinate shutdowns and reopenings, get the widespread adoption of masks happening, and get testing and tracing sorted is so devastating.


We had one shot to get out of this without major scarring. We failed and our leadership failed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Using Jim Carvilles own words, its the economy that will determine who is elected. Up until March the Economy was humming, dropped like a rock and mostly recovered. First it was RUSSSIA, then IMPEACHMENT, China Virus and now Race. All of those are distractions and by November the Economy will be determining factor.

It is the economy.

We have almost 20 million unemployed.
We have a -6.5% GDP growth (ie contraction)
We have trillions in new debt and deficit spending out the wazoo.

Yes, the stock market is up from its lows, but the stock market doesn't equal the economy.

And an unchecked pandemic that is taking at least 1,000 American lives every day.

Not to mention a willfully stupid, selfish populace that refuses to take basic precautions that will allow the economy to fully open and remain open.

If this generation of Americans had been alive in the 1940's, we would have lost the war and we'd all be Heil'ing the Reich.

[Anonymous]

Anonymous wrote:

Anonymous wrote:2.5 million new jobs in May vs concensus from the economists at -8 million.

Stock market at new highs

Lowest and cheapest debt ever

The fact that this is happening right now should prove to you, once and for all, how limited its relevance is.

True story. Only ~half of Americans own any stock and the majority of those people only own stock b/c of their employer sponsored retirement plans. IRA stocks don't mean sh*t to most Americans b/c they don't help you pay your bills.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:2.5 million new jobs in May vs concensus from the economists at -8 million.

Stock market at new highs

Lowest and cheapest debt ever

I think you missed the correction on that jobs report.

Negative, I think you missed the connection of our robust economy and the left's attempt to ignore it.

Hey Vlad, do you actually know any working class/middle class Americans? Either you're a Russian bot or rich, but either way you are definitely ignorant.

[Anonymous]

Anonymous wrote:Second quarter economy was the best in 22 years. Heads are exploding all over the left.

https://www.cbsnews.com/news/stock-market-best-quarter-1998-coronavirus/

Several key things. The stock market is not the economy. The market posted great gains "from the end of march", which was the point where it had taken a dive off the cliff. Market hasn't recovered to the pre-COVID levels.

"It's a rally built upon stimulus and vaccine optimism," Good luck with that.