Unemployment Drops To 3.6%, Payrolls Up 263,000, Showing Economy Remains Strong

Just when democrats think things couldn't possibly get worse for them in their resistance of Donald Trump, the Labor Department reports record low unemployment - again. We haven't seen such good numbers since 1969!

Meanwhile, democrats are scrambling to find a way to discredit the AG, the president, the Constitution, the Electoral College, the justice system, and of course the American people - especially Trump supporters.

While the country celebrates another win, democrats are in fear for their political lives.

Are you celebrating today?

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Subsumedpat · 36-40, M

@Budwick I don't understand are you saying I lied or Ray Dailo the guy who did the video, and sidestepped the last great recession by predicting it lied. Perhaps you did not have the 30 minutes to understand how the economy works, here it is again in case you missed it.

[youtube=https://www.youtube.com/watch?v=PHe0bXAIuk0]

Budwick · 70-79, M

@Subsumedpat I got economics training in college.
You got yours on YouTube.

If you consider disagreement as lies - so be it.

Subsumedpat · 36-40, M

@Budwick So if you went to Economics in college you should know who Ray Dalio is. He runs the largest hedge fund in the world, accurately predicted the last great recession and amassed over 18 billion dollars thinking like he does but your economics education knows better, I bet you did not even watch the short video.

Budwick · 70-79, M

@Subsumedpat Ray Dalio is a socialist. He's a billionaire bitching about income inequality.

Hedge Funds are platforms to gamble with investors money. Hedge funds [b][big]caused [/big][/b]the 2008 financial crisis by adding too much risk to the banking system.

Subsumedpat · 36-40, M

Not really, hedge funds simply took advantage of the bad decisions of others in order to make money for their clients. The problem in 2008 simply put was the real estate bubble created by the large banks creating their own hedge funds. Something that had been illegal until a Republican Congress and a Democratic President revoked the Glass-Steagall Act (revoked in 1999). As a result, banks put pressure on their mortgage departments to lend to anyone and everyone till the bubble burst.

None of that has anything to do with the accuracy of, or lack of, that video I showed you. The economy still runs in cycles and started the expansion phase of the next cycle before Trump threw his had in the ring, so Trump had nothing to do with it. The only thing we learn from history is that we don't learn from history applies here.

Budwick · 70-79, M

@Subsumedpat OK - you stick with the crooked hedge fund asshole.

Subsumedpat · 36-40, M

@Budwick OK well I will leave you alone but with one last thing point, typically I have noticed that when a person is unable to articulate why a position is correct the lower themselves to name calling instead.

Budwick · 70-79, M

@Subsumedpat Really? That's been your experience?
Interesting.
My experience has been that those that refuse to see the forest for all the trees, have an agenda.