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Author Topic: Economy keeps roaring in 2020  (Read 24 times)
jdv
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You talk the talk....


« on: February 07, 2020, 03:08:37 PM »

IN NEWS that's sure to make democrats sad, the economy shows no signs of slowing down as 2020 ticks away. 

The US added a much stronger then expected 225,000 jobs in January & wages rose over 3%, while the labor force participation hits 63.4%, the highest of this recovery so far. 
Even the NY Times admitting that black Americans are seeing their first wage increases "in a decade," a silent acknowledgment of just how bad Barry was for blacks.

And that's just the news from today.

All this as a poll from last week indicates that Americans have the most confidence in the economy since the original STAR WARS was released -  74% of Americans believe they will be better off in a year, the highest percent since 1977, according to a new @Gallup poll. 

That same poll showed that 90% of Americans are satisfied with their lives, the highest ranking....

Ever.  65% of those polled indicated that they are "very satisfied," which also marks a new high.

Winning - ain't it great?

https://www.cnbc.com/2020/02/07/us-nonfarm-payrolls-january-2019.html

https://finance.yahoo.com/news/u-jobs-top-estimates-225-133001952.html

https://twitchy.com/gregp-3534/2020/02/05/nancy-pelosis-terrible-week-just-got-a-whole-lot-worse-as-in-this-is-how-trump-wins-reelection-in-november-worse/

https://www.breitbart.com/economy/2020/02/07/nyt-black-workers-wages-are-finally-rising-after-decade-of-stagnation/
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Plissken
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you have my sympathies


« Reply #1 on: February 07, 2020, 03:54:15 PM »

I wonder how this coronavirus will affect the economy. It could have a dire outcome for some major supply chains hindering economic growth, but that may actually help increase wages and job growth within the U.S.

The Dow is down a few hundred points today, gold's knocking on 1600, and bitcoin's heading back up to 10000.
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jdv
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You talk the talk....


« Reply #2 on: February 07, 2020, 04:25:06 PM »

I know that at least one lens from Panasonic has delayed shipped because the plant where its made has been shuttered due to the plague.
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