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8 hours ago, NATUREBOY98 said:

Who’s the closet socialist that keeps liking Barry’s post? Come out man. Living a lie isn’t healthy. While I disagree with 99% of Barry’s post, I commend him for being who he is. 

It's smells like another one of his fake profiles that he created just so someone imaginary could agree with him cuz no one else ever does. 

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8 hours ago, NATUREBOY98 said:

Who’s the closet socialist that keeps liking Barry’s post? Come out man. Living a lie isn’t healthy. While I disagree with 99% of Barry’s post, I commend him for being who he is. 

That's just it though, he's really not who he is with all those fakes so commending him is really not in order. 

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312,000 Jobs Added In December, Manufacturing Growing 714% Faster Under Trump Than Obama

 
Chuck DeVore
Chuck DeVore Contributor
Policy
Texas Public Policy Foundation VP and former California legislator
 
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President Donald Trump talks with reporters after signing the tax bill and continuing resolution to... [+] fund the government, in the Oval Office of the White House, Friday, Dec. 22, 2017, in Washington. (AP Photo/Evan Vucci)

President Donald Trump talks with reporters after signing the tax bill and continuing resolution to... [+]

ASSOCIATED PRESS

The U.S. Bureau of Labor Statistics released its December jobs report Friday morning, showing nonfarm employment was up by 312,000, stronger than analysts expected.

The impressive jobs number, along with the Fed signaling patience on rate hikes, shook the stock market loose from its doldrums, with the Dow posting a 747-point gain.

With the December jobs number, President Trump now has two full years of economic performance to compare with his predecessor, President Obama. The two biggest statistical standouts are:

Today In: Industry

 

 

Looking at jobs added over the 24 months through this December and comparing that with the last two years of the Obama Administration is illuminating—both for the pace of employment expansion in the late stage of a business cycle, as well as for the composition of the jobs added.

PROMOTED

Employment (seasonally adjusted) 2015-2016 Jobs Added and Rate/ Obama 2017-2018 Jobs Added and Rate / Trump
Nonfarm 5,056,000 / 3.6% 4,826,000 / 3.3%
Private Sector 4,699,000 / 4.0% 4,727,000 / 3.8%
Manufacturing 60,000 / 0.5% 491,000 / 4.0%
Government 357,000 / 1.6% 99,000 / 0.4%

At first glance, the overall employment numbers look comparable, with a little more than 5 million net nonfarm jobs added in the last two years of the Obama Administration compared to more than 4.8 million jobs in the first two years of President Trump’s term.

But, recall that the official unemployment rate in January 2015 was 5.7%, close to what many economists thought at the time was full employment. Some of these economic experts warned that President Trump’s tax cut and reform would quickly overheat the labor market, causing a round of inflation with little long-term benefit to workers. Instead, millions of Americans rejoined the labor force, with the official unemployment rate declining to 3.9% by December 2018.

Stated in overall numbers, 8.9 million people who wanted work were out of work in January 2015, and that went down to 7.5 million people in the last full month of Obama’s presidency. This month, that number was further reduced to just under 6.3 million people.

The number of Americans working part-time for economic reasons—meaning, they would prefer to work full-time if they could—stood at 6.8 million in January 2015, declining to 5.6 million in December 2016 and even further to just over 4.6 million people in December 2018.

Looking at manufacturing, the government report noted that 32,000 jobs were added in December with 19,000 of the gain being in the durable goods component. In 2018, manufacturing employment increased by 284,000 with some three quarters of the gain over the year being in durable goods manufacturing, an indication that President’s Trump’s policies are likely causing a shift of manufacturing back to American soil.

This is remarkable due to the widespread belief that it wasn’t possible—President Obama himself said in June 2016 that manufacturing jobs “are just not going to come back,” and New York Times columnist and economist Paul Krugman claimed on November 25, 2016, “Nothing policy can do will bring back those lost jobs. The service sector is the future of work; but nobody wants to hear it.

The tax cuts President Trump signed into law in December 2017 were no doubt key to the sustained rise in job growth. But, perhaps even more important for manufacturing, a sector of the economy typically subject to more government red tape than the service industry, have been the Trump Administration’s deregulatory efforts.

According to the federal government’s own rule-making tracking system, the Trump Administration has implemented 2.7 significant deregulatory actions for every one added through October of last year, for a net regulatory savings of $33 billion. As this is the federal government’s own accounting, the projected savings likely understate the real world effect, as new regulations along with regulatory uncertainty, act to dissuade investment and hiring.

The employment results are clear: in the last two years of President Obama’s administration, our elites declared manufacturing dead while government added six times the jobs the number of jobs our factories added; while in two years of President Trump’s economic policies, our factories have added five times more employees than government. This is the formula for a stronger, more prosperous America.

(Note: The federal data cited in this article is subject to revision, all data was accurate at the time it was posted.) 

Chuck DeVore is Vice President of National Initiatives at the Texas Public Policy Foundation. He was a California Assemblyman and is a Lt. Colonel in the U.S. Army Retir...

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https://www.forbes.com/sites/chuckdevore/2019/01/04/312000-jobs-added-in-december-manufacturing-growing-714-faster-under-trump-than-obama/#2b6fa4415b50

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12 hours ago, NightStar11 said:

The info posted by "Barry" is patently false propaganda from liberal Yahoo. His sources are always either Yahoo , ABC, or NBC. Liberals don't wanna admit that Trump's economy is great while Obama's was dismal. 

Yup.  They can’t stand the fact America is prospering.  I have an impossible time understanding that.

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As more and more farmers are headed toward bankruptcy and crushing debt....

https://www.yahoo.com/finance/news/trumps-farmer-bailout-trade-war-125117923.html

Yahoo Finance

Farmer: Trump's $28 billion bailout isn't worth the trade war

Adriana Belmonte
Adriana BelmonteAssociate Editor
Yahoo Finance
 
 
 
 
 
 
 
 
 
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The U.S. Department of Agriculture (USDA) has approved $28 billion in market facilitation payments to American farmers to offset negative effects of the U.S.-China trade war, with about $19 billion paid out through the end of 2019 and the rest coming this year.

And according to Hope Pjesky, a rancher and wheat farmer from Oklahoma, not only has that amount not been enough for most farmers — it wasn’t even worth it.

“After all that’s happened with trade recently, I don’t think those will continue in future years,” Pjesky said on Yahoo Finance’s On the Move. “And I don’t think that most farmers really thought that it was worth it. It wasn’t. I know the big overall number looks huge to people, but it really wasn’t enough to help most people.” 

Farmer Isabel Milligan drives a tractor as she weeds and transplants crops on the farm in Amagansett, New York, U.S., July 11, 2019. (Photo: REUTERS/Lindsay Morris)
Farmer Isabel Milligan drives a tractor as she weeds and transplants crops on the farm in Amagansett, New York, U.S., July 11, 2019. (Photo: REUTERS/Lindsay Morris)

Overall, according to an analysis by NPR, about 100,000 individuals collected roughly 70% of the payments through July 2019. The payments are reportedly based on production, so bigger farms get more money.

“We did get some of the farm aid, but it really wasn’t enough to help very much in either year of it,” Pjesky said. “The first year it was so much for each bushel of wheat that we produced, and it was a very small amount. And then the second year, it was a per-county payment, and I believe ours was $20 or $22 per acre, which is very small as far as what the costs are going into producing the product that we produce.”

A report from Bloomberg noted that the USDA’s calculations “likely overstates the conflict’s financial impact on most other farm products, though for a few commodities it may understate the true impact.”

‘If the government doesn’t pay us, we’re done’

Farm bankruptcies are up 24% in 2019. (Photo: American Farm Bureau)
Farm bankruptcies are up 24% in 2019. (Photo: American Farm Bureau)

Meanwhile, farm debt is at record-high levels as the trade war continues. Chapter 12 farm bankruptcies increased by 24% from 2018 to 2019, and is at its highest level since 2011. The American Farm Bureau is projecting that farm debt will have reached $416 billion for 2019. 

Although soybean farmers have arguably been hit hardest by the trade war, other parts of agriculture have also taken heavy blows. Dairy farmers, particularly in Wisconsin, are on the brink of an existential crisis, while wheat farmers have been losing their Chinese customers to countries like Russia. 

So as 2020 hits full swing, American farmers are increasingly reliant on a government bailout while business deteriorates further amid the ongoing trade war.

"If the government doesn't pay us, we're done," North Dakota farmer Justin Sherlock recently told Reuters.

Adriana is an associate editor for Yahoo Finance. She can be reached at [email protected]. Follow her on Twitter @adrianambells.

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43 minutes ago, BarryLaverty said:

Well, this is a new one, from good ol' ex con Jim Bakker, he of Jim and Tammy Faye fame. Turns out that you have to love and forgive Trump or you aren't actually a Christian. Interesting...

https://www.yahoo.com/news/jim-bakker-trump-saved-054130880.html

None of the above are Christians by God's definition of a Christian in the New Testament........however, Christians are told to forgive if we expect to be forgiven..........

Matthew 6:14-15 English Standard Version (ESV)

14 For if you forgive others their trespasses, your heavenly Father will also forgive

you, 15 but if you do not forgive others their trespasses, neither will your Father forgive your trespasses.

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11 hours ago, BarryLaverty said:

Well, this is a new one, from good ol' ex con Jim Bakker, he of Jim and Tammy Faye fame. Turns out that you have to love and forgive Trump or you aren't actually a Christian. Interesting...

https://www.yahoo.com/news/jim-bakker-trump-saved-054130880.html

Actually we are told to love and forgive all men.  So just because they singled out President Trump is irrelevant.  

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10 hours ago, WestHardinfan1 said:

None of the above are Christians by God's definition of a Christian in the New Testament........however, Christians are told to forgive if we expect to be forgiven..........

Matthew 6:14-15 English Standard Version (ESV)

14 For if you forgive others their trespasses, your heavenly Father will also forgive

you, 15 but if you do not forgive others their trespasses, neither will your Father forgive your trespasses.

Also the second greatest of all commandments is :  

Matthew 22:36-40 New International Version (NIV)

36 “Teacher, which is the greatest commandment in the Law?”

37 Jesus replied: “‘Love the Lord your God with all your heart and with all your soul and with all your mind.’[a] 38 This is the first and greatest commandment. 39 And the second is like it: ‘Love your neighbor as yourself.’[b] 40 All the Law and the Prophets hang on these two commandments.”

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