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former9thward

(31,965 posts)

20. I don't vote for people based on the economy.

Fri Jul 5, 2019, 03:52 PM

Jul 2019

The economy is far bigger than anything a president can do. Warren Buffet, who is a Democrat, said in 2016 it did not make any difference who won as far as the economy was concerned. It was going to do fine no matter who was elected. I agree with him.

Warren Buffett: Trump? Hillary? Doesn’t matter, we’ll be fine

Warren Buffett is not worried about who becomes the next president of the United States.

“That won’t be the main problem” for Berkshire Hathaway, Buffett said at the company’s annual shareholders meeting, adding the company will “do fine” whether Democratic front-runner Hillary Clinton or Republican candidate Donald Trump win the November elections.

Buffett has been an outspoken supporter of Clinton, and has spoken approvingly about the campaign message of her Democratic challenger, Vermont Senator Bernie Sanders. In February, the Oracle dismissed the doom and gloom of the current election cycle, saying U.S. citizens have a bright future ahead.

https://www.cnbc.com/2016/04/30/warren-buffett-trump-hillary-doesnt-matter-well-be-fine.html

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Hiring rebounds as U.S. economy adds 224,000 jobs in June;unemployment rate inched up to 3.7 percent [View all] BumRushDaShow Jul 2019 OP

What kind of jobs? JustAnotherGen Jul 2019 #1

When Obama had these numbers of jobs created reported in a month BumRushDaShow Jul 2019 #2

It all depends on what was "projected". 150k can seem "robust" if you were only expecting 100k oldsoftie Jul 2019 #21

Unfortunately back then BumRushDaShow Jul 2019 #25

Yes, January through June, only 172,000/mo average. February thru June, only 144,000/mo average progree Jul 2019 #30

It is what it is. former9thward Jul 2019 #3

Exactly JustAnotherGen Jul 2019 #4

Trump adds jobs and the unemployment goes up........... Bengus81 Jul 2019 #8

"The economy has not changed." Then why elect Trump? Yavin4 Jul 2019 #14

I don't vote for people based on the economy. former9thward Jul 2019 #20

But most people dont realize that. The president/Congress can easily do much more harm oldsoftie Jul 2019 #22

Just a reminder: maddogesq Jul 2019 #5

The job numbers are seasonally adjusted, as is the unemployment rate and most of the others progree Jul 2019 #6

In other Junes, exactly as posters expected. angstlessk Jul 2019 #7

Hostile media effect. Igel Jul 2019 #11

It's summer. We always have better jobs numbers secondwind Jul 2019 #9

I haven't noticed that before. Could be. They are seasonally adjusted numbers progree Jul 2019 #10

Good morning. Thanks for the thread. Links to earlier reports: mahatmakanejeeves Jul 2019 #12

TGIF BumRushDaShow Jul 2019 #13

Here's a good analysis over at 538. maddogesq Jul 2019 #15

These jobs cost Americans $416,666 per job every year to create Politicub Jul 2019 #16

Thank You for the eye opening statistics. BlueIdaho Jul 2019 #17

The pace of lay-offs in a recession will be faster than job growth is today. Politicub Jul 2019 #18

Thats only if you assume that trump created those jobs. No one in govt cares about the debt. oldsoftie Jul 2019 #23

Good point. I guess it would be more accurate to say, assuming if the tax cut Politicub Jul 2019 #27

BLS: Payroll employment increases by 224,000 in June; unemployment rate changes little at 3.7% mahatmakanejeeves Jul 2019 #19

Kids are out of school in June... zanana1 Jul 2019 #24

The job numbers are seasonally adjusted, so months with extra seasonal hiring are adjusted downward progree Jul 2019 #28

We are due for a downturn Cary Jul 2019 #26

Trump Is Falling Almost 1 Million Jobs Short Vs. Obama (actually 810,000) progree Jul 2019 #29