Economist Peter Morici on President Trump's task force focused on reviving the economy

He will. And he’ll do it without taking a salary. And Alzheimer Joe is not electable.

What makes the Masked Manatee “electable”?

Priebus cannot say he wasn’t warned. Just a month before the inauguration, he had been invited to lunch by Barack Obama’s outgoing chief of staff, Denis McDonough. Following the example of a memorable breakfast hosted eight years earlier by George W. Bush’s chief Josh Bolten—when 12 former White House chiefs had come to give advice to Obama’s incoming chief, Rahm Emanuel—McDonough was joined by 10 chiefs, Republicans and Democrats, in his West Wing office. And as they gathered around a long table, none doubted the enormity of the challenge facing Priebus. “We wanted to help Reince in any way we could,” said Jack Watson, who served President Jimmy Carter. “But I don’t think there was a chief in the room that thought he was going to be able to do the job, given Trump as his president.” Most of the former chiefs believed Trump was intellectually and temperamentally unfit for office—and few thought Priebus could rein him in or tell him hard truths. “We were thinking, God bless him. Godspeed. Good luck,” said Watson. “But he doesn’t have a prayer.”

Have you got a link for that?

I bet not.

Shall we take a look at the data?

Let’s start with employment…

Obama 2 averaged 219,000 per month…

Not including recent events, was Grifty’s monthly average higher or lower ?

( we will assume that the Ordinal Property applies)

What people fail to recognize is that not everyone will be able to return to work as when business begins again it will not be at the same level. People will be behind on bills and the focus will not be on consuming.

May take a year to recover unless a democrat is elected in the WH and the country will likely enter a recession.

Wave 2? How about a resumption of infections as we hav not reached herd immunity. Possibilities a mutating virus becomes not as infectious.

When the economy is opened back up, EVERY working household will empty out. People will be glad as hell to show up for their jobs and they’ll be glad as hell to go out to a restaurant or a bar. They’ll have stimulus check money so they won’t be so far behind in the bills.

Unless President Trump does something stupid and doesn’t open the economy at all (and that’s not likely to happen) there will be no recession, the economy will be back at full force by September at the latest and Democrats will have to look to voter fraud in order to win elections and keep their jobs. They will not have anything to run on.

I totally agree! He has way too many problems. He doesn’t even know at times, where he even is. Imagine him in North Korea - and he thinks he is talking in South Korea? Lol (it was a point that I was making.)

Let’s start with employment…

Obama 2 averaged 219,000 per month…

Not including recent events, was Grifty’s monthly average higher or lower ?

( we will assume that the Ordinal Property applies)

Obama did NOT average that many jobs in eight years. Let’s look at FACTS, backed up by a reliable source.

https://www.investors.com/politics/editorials/obama-trump-booming-economy/

For eight years, President Obama presided over the worst economic recovery in modern times. For six years, he blamed Republicans in Congress for thwarting his spending agenda and hampering growth. In his last two years in office, he claimed that 2% growth was the best we could hope for. And in his last year in office, while the economy was again stalling out, Obama claimed that Trump’s tax cuts and deregulation would only make things worse.

But now that we’re in the midst of a booming economy — which kicked in after Trump reversed almost all Obama’s economic policies — we’re supposed to believe that it’s Obama who deserves all the credit.

Yep. That’s precisely what Obama and his Amen Chorus in the press want us to believe.

That’s fab…

But it makes no reference to the data in question.

Facts don’t give a shit about Rush Limbaugh.

Can you explain why Grifty tells people that his father was born in Germany?

Does he not know who his father is?

Didn’t Obama say that his father was from Kenya?

Blockquote Barack Hussein Obama Sr. was a Kenyan senior governmental economist and the father of Barack Obama, the 44th president of the United States. He is a central figure of his son’s memoir, Dreams from My Father. Obama married in 1954 and had two children with his first wife, Kezia

What does this have to do with Grifty insisting that his father was born in Germany?

Since the last time I did this calculation, BLS has revised the data…

Obama 2 now averaged 214,00 per month.

Grifty’s unprecedented economy?

188,333…

Do we need to go over the Ordinal Property here, Deplorables?

IcebergSlim

14m

Since the last time I did this calculation, BLS has revised the data…

Obama 2 now averaged 214,00 per month.

Grifty’s unprecedented economy?

188,333…

fred.stlouisfed.org

All Employees, Total Nonfarm

All Employees, Total Nonfarm

Do we need to go over the Ordinal Property here, Deplorables?

Nope. Your sources are wrong. Obama had the worst job numbers in history.

https://www.dailywire.com/news/7-facts-show-obamas-economic-recovery-has-been-aaron-bandler

3. The most recent labor participation rate was 62.7 percent, with slightly more than 94.5 million Americans out of the work force. Back in September, the participation rate was 62.3 percent–the lowest in nearly 40 years.

Obama’s defenders argue that this is due to a record number of people retiring. This ignores the following key fact:

4. The number of jobs created under the Obama economy has not kept up with the working age population. Obama and Clinton have claimed that there have been nearly 15 million jobs in the private sector created under Obama, and if that number is taken at face value, it doesn’t quite come close to the growth of the working age population of 15.8 million at around the same time frame. But the job gap is likely worse than that.

According to Investor’s Business Daily ‘s John Merline, Obama and Clinton’s 15 million jobs number is based on the number of jobs created since February 2010, when the economy was at “rock bottom.” However, Merline writes that the metric for job growth is normally determined from the previous “jobs peak,” which was in January 2008. From that point, there has been an estimated 5.6 million increase in private-sector jobs while the working age population increased by over 20 million–creating a job gap of more than 14 million.

You’re wrong again.

How, exactly, can I be wrong about BLS data, from BLS?

Show me your source for nominal payroll count, and do your math…

Facts don’t give a shit what you’ve been convinced to believe…

Fred Trump Sr, (the Donald’s grandfather) was born in Germany. I know that fact threw you because the names are the same.

No…it threw you, apparently…

If the job is still there and the demand for the employe is there.

Thanks to our Governor, she decided to close ALL restaurants here in parts of Michigan. Where I live, only Drive-thru. Not many people here don’t even have cars. And the inside are closed. So, some place won’t take “Take Outs”.

Some are even “going out of business” here, because, no one is buying.

This is what our governors are giving us. We had one of the most robust economies in the country and today the place is a wreck.