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| Weak jobs report for February means a rough spring and summer ahead. |
The U.S. economy was expecting at least 180,000 positions to be added for the month. February's job report signaled a weak payroll.
This was a big blow to an economy Donald J. Trump was touting constantly on social media.
Non-farm payrolls in January, however, were upwardly revised to 311,000, from 304,000 previously.
The labor force participation rate remains unchanged. It's 63.2%.
That quickly dropped the current NASDAQ and Dow Jones rate today. That also puts a dent in a week where Trump is still regrouping his strategy.
Trump is still favored highly among Republicans. His current job approval is 47% in most polls.
About 94% of Republicans support Trump's policies no matter what.
Last week, Trump and North Korea's leader Kim Jong-un couldn't reach an agreement on the nuclear program. Trump headed home embarrassed and deflated. The former attorney for Trump, Michael Cohen testified multiple times at Congress. He also sued the imbecile for unpaid loans.
The New Yorker released a damaging report about how Trump makes policy decisions. He takes the nonsense of Fox News agitators and uses it as a platform to push an agenda.
Paul Manafort was sentenced to federal time out and Trump is signaling for a pardon. Roger Stone may be placed in the federal time out for continuing his social media presence despite being told to clam up.
So in order to take away the distractions, he would rather have America worked up over Rep. Ilhan Omar (D-MN) criticizing Israel. He can make the bogus claims that she's anti-Semitic.
Those die-hard Trump supporters will say that his leadership is successful. All the while, they find that their average wages are stalling.
Food prices, energy prices, rent, city services and college education have risen over the past year.
Real Reason To Why Unemployment Rate Stays The Way It Is!
There are 104 million active body people not working in the United States. The examples of why they're not working.
1. DEAD
2. BORN
3. IN PRISON
4. IN PRIMARY SCHOOL
5. IN MIDDLE SCHOOL
6. IN HIGH SCHOOL
7. IN COLLEGE NOT LOOKING
8. VOLUNTEER
9. DISABLED
10. STAY AT HOME PARENT
11. RETIRED
12. QUIT ON THEIR OWN
13. NOT HIRING QUALIFIED
14. NATURAL DISASTERS
15. ACTIVE MILITARY
16. NOT HIRING TOO QUALIFIED
17. LAID OFF
18. FIRED FROM THE JOB
19. DESTRUCTION TO FACILITY
20. OUTSOURCING
21. IMMIGRANTS TOO AFRAID OF BEING DETAINED BY I.C.E.
22. SHAMED BY SOCIAL MEDIA
Let me remind you, that Trump and Republicans believe austerity is the key to a strong economy and job market. The Republicans are not in control of the House of Representatives. The Democrats now control the House and will push for an agenda that Trump will likely oppose. Republicans will continue to pass ridiculous laws that hurt the working class and middle class.
The Jobs and Tax Cut Act has added trillions of dollars of debt to the economy. The results of the tax cuts haven't produced the stability. It's still considered a very unpopular law.
Trump is destroying the economy. I won't say anything positive about him. Regardless of what happens, this is short-term success.
I believe in less than three years, Trump and Republicans will once again throw us into another recession. If the Democrats take control of the White House in 2020, we're already prepared to hear the loudest voices on the right blame the Democratic president for the mess Republicans created.
I wonder how trolls feed themselves in this economy?
from Journal de La Reyna (World News Today) https://ift.tt/2TnUE6e
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