Stunning 750000 new Private Sector jobs in September

Forum » Beenos Trumpet » Stunning 750000 new Private Sector jobs in September

Sep 30, 2020, 15:52

Under the Trump/Mnuchin economic leadership it’s taken 4 months to get back from a Covid induced 15% unemployment rate.....to a current 8%. 


It took Obama/Biden 34 months between 2009 to  January 2012 to get the unemployment rate down from a high of 10% to 8.4%.


What Trump/Mnuchin have achieved in mitigating the virus is epic....perhaps the most successful government economic intervention ever. Yet you won’t read one word about this in the mainstream media. 


One could sense Trump’s frustration with this tilted playing field in the debate.....Chris Wallace another swamp creature did his best to help Biden. The club is impressive, they all know what’s required of them.


But the numbers tell the story, the USA was very very lucky having the current economic team in place when the virus hit. They have done a stellar job.

Sep 30, 2020, 16:28

The US forced people to return to work, so its par for the course that they have had the highest death rates with less economic downturn.

It just depends on what you value the most, the stock market or lives. The economy can be rebuilt but lives can't 


Trump and Munch-kin inherited the fantastic economy from Obama. All Trump did was cut corporate tax and remove any environmental laws which made it easier for corporations to make more profit. Anyone could do this- it just takes fewer morals and ethics. 

Just because some people do not believe in climate change or pollution, does not make it so. 

Pushing too far right is pointless because it just ensures that the next election someone that is more left takes over. Everything Trump is done, is going to be erased with an undo button. 

Sep 30, 2020, 16:41

Let’s not go beyond your first sentence.....how did America force people back to work exactly?

Sep 30, 2020, 16:51




1 May 2020 - But Americans who refuse to return to work if they don't feel safe could be ... of the Defence Production Act to force meatpacking plants to reopen, those ... The Economic Policy Institute reported that for every 10 people who ...


Americans grapple with risking their health to return to work ...

abcnews.go.com › Business › story
2 May 2020 - As states reopen, workers are forced to choose between their health ... more people sick and killed in the name of 'getting Iowans back work,' ...

Sep 30, 2020, 17:55

"The US forced people to return to work, so its par for the course that they have had the highest death rates with less economic downturn."

Absolute and utter BS!!! The UK has an almost identical, but slightly higher death rate than the USA...and you lot live on a couple of small islands.


PS

I've plotted the stats for Cape Town from March till a month and a half ago and the different stages of lockdown had absolutely no significant influence on the data...but numbers is not for everyone I suppose...handy if you want to fool some people though...

PPS 

The areas in the US with the strictes lockdowns were hit the hardest.


Sep 30, 2020, 18:00

The economic situation is not even remotely comparable between the situation caused by the pandemic and the economic situation between 2009-2012.

The pandemic caused a sudden massive rise in unemployment in the US, but a huge number of these jobs losses where temporary and would always comeback as soon the restrictions where ease/lifted. Its a unique situation does that doesn't apply to 2009-2012.

You could argue if you wanted that Trump opening the economy back up as soon as he did likely resulted in more jobs coming back sooner than if the Democrats where in charge, but I don't believe you can just look at the handling of the pandemic purely from an economic prism you have to factor in the reason there was the restrictions in the first place, to preserve human life, you have to weigh the pro's and cons to the  public health and the economy, not just one or the other . Perhaps Donald Trump brought back 100,000-300,0000 thousand more jobs quicker than a Democrat administration would of and prevented thousands of job losses becoming permanent losses, perhaps a Democrat administration would have preserved 10,000-30,000 more lives and  perhaps they would have been able to get the pandemic under greater control by keeping restrictions in place for longer and thus being able to get the economy fully up and running quicker and in the long term lessen the economic damage of the pandemic to a greater degree.

Its just bizarre praising praising job growth when the job losses from the pandemic are still well in excess of the jobs recovered.

"Perhaps the most successful government economic intervention ever. Yet you won’t read one word about this in the mainstream media. "

You wouldn't read that in the mainstream media because its not true. Check around, there is a number of countries who's economies have held better than America's.

I think its going be a few years after the pandemic is over before we really know what countries handled it well and what countries didn't. The pandemic is still ongoing and there will be ups and downs.

"One could sense Trump’s frustration with this tilted playing field in the debate.....Chris Wallace another swamp creature did his best to help Biden. The club is impressive, they all know what’s required of them."

Trump's carry on during the debate where a demeaning to the office of the President. I'd be embarrassed to have that man as the political leader of my country. The funny thing about him interrupting Biden so much is that he didn't give Biden enough rope to hang himself. Most pundits are calling it a narrow win for Biden but few people will remember it for anything more than it being a disgrace to democracy.




Sep 30, 2020, 18:02

South Africa went into lockdown before they got the virus, so it was pointless, totally mistimed. 
It only got bad in mid-winter, after the lockdown was reduced. 


By death rate, I meant the number of deaths 200,000. 
If you are talking about the number of people that contract COVID vs those that die, 
this is harder to measure.
Many people have had COVID and never even realised it, so it was not reported. Some countries have not reported it correctly. No one will know what the true figures are. 

Maybe the world health organisation should let you plot the stats, using ANC data. 

By the way, lockdowns are highly effective- except for covidiots that ignore the rules. 
If everyone followed the rules, a quick effective lockdown reduces infections substantially. 

New Jersey and NewYork got hit first, and by the time the lockdown arrived- the damage was done. 
Treatment for Coronavirus improved rapidly since April, and the first places that got it were just unlucky. 
If Florida got hit at the same time as New York, the situation would be the same- without lockdowns. 

Only an imbecile would think that lockdowns actually increase infection rate. 
The more close human interaction, the faster the virus can spread to new hosts...

Sep 30, 2020, 18:46

"By death rate, I meant the number of deaths 200,000. "


That's deaths...you said death rates....and the only death rate to compare would be the deaths per total population...any other comparison would be pointless due to the unreasonable variations in sampling....so stop bullshitting.

Sep 30, 2020, 19:11

Context... I was comparing country approaches. 


Sep 30, 2020, 19:26

These idiots like sharktwit obviously missed the article showing that had the USA adopted the WHO  guidelines for counting Chinese Virus deaths like other countries did the death total would be 86, 000.

The numbskulls pay no attention to the big over counting problem. 

They take no note of the fact that countries using hydroxychloroquine have a 75% death rate. Neither do they factor in the huge death rate of old age home folk (estimated at one point as being as high as 43%) caused largely by 4 genocidal demonrat governors ORDERING  infected people back to the old age homes.

The fatality rate in the USA  has been reduced by 85%. Trump and his team have done a fantastic job.

The total deaths are way overstated. . But even if you take this fake figure as real the deaths per million people is better than many EU countries. 

Had China Joe been president the deaths would have reached 2 million. 

The guy on Bidens team fighting H1NI says they didn't have a clue what they were doing. When has this senile, corrupt sellout ever been good for America. NEVER! 

Sep 30, 2020, 19:43

"Context... I was comparing country approaches. "

BS, you were comparing total deaths OUT of context to deliberately skew the actual facts...you slant the facts like a true politician...why? You don't want to accept the actual facts. 

Sep 30, 2020, 21:01

You can compare the death rates per pop, the infection rates per pop or the deaths per infection. Those are all legitimate comparisons... total deaths are not a valid way  of comparing effectiveness.


But doing that ignores the culture and lifestyles in various countries. The US is the most mobile country on the planet, people crossing the continent and traveling huge distances to work and play. The US is also a free environment.....that makes it harder to impose disciplines, but it also means you get Apple,  Google and Tesla.


And the truth is this is a big city disease...and I’m guessing over 85% of deaths have occurred in Democratic counties....it was higher in Florida, a supposed Republican state but the disease attacked areas like Miami which are controlled by Democratic mayors,


As for the economic recovery....the two recessions are comparable. In fact the Great Recession was easier to handle because you weren’t fighting an elusive disease, it was rooted in financial institutions. Allowing Lehman to go under was a huge mistake perpetrated by Bush but the subsequent mistakes under Obama, worsened the crunch. Obama never had a financial clue and followed far too conservative a policy....hence the slowest recovery ever.


Trump does get it and forced through radical stimulus out of the box....hence the best recovery from an unemployment trough we have seen.

Oct 03, 2020, 05:14

Just for the record. The latest Economist  projections show the following GNP projections for 2020:

1 China plus 2%

2 USA minus 3.5%

3 Euro Zone minus 8%

4 UK > minus 10%.

The standard response to that is lives are more important than money. Sure...but the trade off with money is made all the time....we don’t throw infinite resources at saving lives.

So when the USA has outperformed Europe to the tune of 4.5% of GDP or roughly a $ 1 Trillion....it’s noteworthy. And one has to ask what Europe has gained....some lives it would appear based on deaths per million pop. But the US is more likely to declare a death Covid related....and is testing at a much higher rate than Europe.

If you look at excess deaths, the classical way of measuring epidemics the US is higher than Europe....17% vs12.4%. But the 10 lowest European numbers include Latvia, Finland, Slovenia, Estonia, Poland, the Czech Republic and Lithuania. The US is better than much of Western Europe and only Germany is markedly better.

So are those notional lives even real. I have my doubts. What is clear is the US economy has done massively better than Europe.

Oct 03, 2020, 15:20

"Just for the record. The latest Economist  projections show the following GNP projections for 2020:"

You got a link to that?

Oct 03, 2020, 16:48


Oct 03, 2020, 18:31

.

Oct 03, 2020, 20:26

Once more when cornered the "Lefties" refer or post a video/comment from their reliable media pals.

CNN, MSN, ABC, CBS, NYT, Washington Post, NY Times, and Politico.

Remember the "Lefties" cannot recall anything when placed under oath or refuse to answer as per their legal council and straight after that they appear on one of their TV networks and continue with their lies and smears that they would not make under oath.

The American Justice system has done nothing but produced criminal lawyers, protection for corrupt politicians to make false claims on the Senate and Congress floors without any form of censure or accountability and to enrich themselves.

Biden is reported to be worth over $12 million for being in Congress/ Senate for 47 years and earning 200 grand approximately a year for doing "SHIT". This works out to $9.4 million if he saved every dime he earned.

His son is worth millions after being tossed out of the Navy for drug use, marries his deceased's brothers wife, fathers a child with a stripper, and is hired as an executive by a Ukraine oil company and raises over $1.5 Billion dollars (for his company) from a Chinese company while on an official trip with VP Bidden to China.

Biden's brother was awarded a $6 Billion dollar contract by the Obama/Biden click for restoration work and house replacement to a Caribbean island after a storm.

It simple terms it does not work as the original fathers planned.

Corruption and criminal activity are out of hand and the honest common working families are burdened with the outcome of all this criminal activity.  

God Help America and all the honest hard-working patriotic Americans including President Donald Trump.

Oct 03, 2020, 23:16

Well said AJ....Trump hasn’t taken a penny from the State.....Obama and Biden got everything from the State,  directly and indirectly

Oct 03, 2020, 23:21

‘Unemployment claims surged‘......but the jobless rate dropped to 7.8%. So what’s the truth? Here:


‘Unemployment in September dipped to 7.9%, from 8.4% in August. The drop was driven primarily by people leaving the workforce — especially women. As a new school year began with many students still home, women left the workforce in September at four times the rate that men did.’

Women leaving the workforce to look after the kids locked at home by the Dems. You lefties keep seizing on headlines without understanding the underlying dynamics.


Oct 03, 2020, 23:28


Oct 03, 2020, 23:30

I can’t find the Economist article on the Internet, I read the magazine....but here are the OECD numbers which are quite close:


 
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