Odd. This doesn’t LOOK like an America in decline

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(AP)

According to this morning’s jobs report, the last before election day of 2016, the unemployment rate has fallen to 4.9 percent, below the point that economists traditionally consider full employment.  Last month, according to the Bureau of Labor Statistics, the economy added another 161,000 jobs, and updated numbers for the previous two months added an additional 44,000.

Overall, we’ve added almost 10 million jobs in the last four years, and almost 15 million in the last seven years. In fact, we’ve added jobs for every single month dating back to October of 2010, a total of 72 months of consecutive job growth, the longest such stretch in U.S. history, and there’s no sign of the trend stopping. The tighter job market is also producing wage increases for workers, with average pay rising at a rate of 2.8 percent over the past year, according to the BLS.

Late last month, the Commerce Department also announced healthy third-quarter GDP growth of 2.9 percent, continuing to outpace growth in other western industrialized economies. In September, the Census Bureau reported a 5.2 percent increase in median household income from 2014 to 2015, the single largest annual increase since we began keeping the statistic in 1968. The poverty rate fell significantly as well, the largest annual drop since 1999.

Now think back to where we were four years ago, and the political debate that we heard at the time. In 2012, Mitt Romney called the Obama administration “the most anti-investment, anti-jobs, anti-growth administration we’ve seen in a long, long time,” and promised that if he were elected, he would implement policies to bring unemployment down to 6 percent by the end of his four-year term.

Under Obama we hit that goal in less than two years, and then just kept on going.

Four years ago, Romney and his fellow Republicans warned that inflation would soon balloon, driving up the cost of living and driving down the value of the dollar. Today, inflation remains a quite sedate 1.5 percent, and the dollar index is up 21 percent from November 2012.  Prognosticators such as Newt Gingrich were warning that Obama would soon push the price of gasoline to $10 a gallon.  The national average is now $2.23.

What else you want?

The percentage of Americans without health insurance had been rising steadily since 1975. Since 2010, it has  dropped from 16.3 percent to just 9 percent, the lowest rate in U.S. history. And while Obama’s “socialist” policies — including his insistence on raising tax rates for the wealthy and keeping a tighter rein on Wall Street gamblers — were supposed to devastate the stock market, the Dow is up 37 percent from four years ago, up 171 percent since March of 2009.

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(AP)

But the truth is, these numbers just provide statistical confirmation of what you are probably witnessing with your own eyes. You used to see lines of desperate people at job fairs stretching out the door and around the block; now you see help-wanted signs everywhere you go. You used to see abandoned construction projects; now you see construction cranes working furiously. You used to cringe when you got your 401k statement in the mail; now you open it and smile.

Do we still face economic challenges? Of course we do. That will never not be the case.  Some of those longer-term challenges were discussed here just yesterday. As Americans, we’re all in this together, and while the overall economy looks strong, large swaths of rural and small-town America are still struggling, as are many without a college degree. An economic transformation is underway that we haven’t yet figured out how to handle, and that remains true.

But it also remains true that we have recovered well from the largest financial collapse in more than 80 years. We have six million more Americans working today than we did before the crash of 2008-2009, and those pitching voters a picture of America in decline have no idea what they’re talking about.

 

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1283 comments
Eye wonder
Eye wonder

Nate Silver now forecasting an 80% chance of Hillary win!!!

Eye wonder
Eye wonder

Sure, td, whatever you say. You are so easy to play.

Eye wonder
Eye wonder

Heh heh. You fell for it hook, line and sinker, tiny dog, and it was a page taken straight outta your playbook.

td1234
td1234

@Eye wonder I did not fall for anything. I had already looked at 538. I just called you out for lying. 

td1234
td1234

The Dems sure seem to be worried about PA and MI for some reason. 


Philadelphia having a transit strike and black voter turnout being down may be some of the reason. 

breckenridge
breckenridge

@td1234 

Yes, things could get very disorderly in Philly.

Time to call out the Home Guard.

Donnie_Pinko
Donnie_Pinko

.. I believe in a future, where evolution has eliminated all of the deplorables.

Probably easier to be patient and allow their habits to remove them from concern. 

-

A tendency is expressed in these statements that you might want to police yourselves on, liberals. 

Just a friendly suggestion.

JamVet
JamVet

 Of the countless things to be impressed by, to me, Drumpf's most impressive accomplishment has been the sheer sacrifice he has made for America!

-Unlike the cowards John McCain and the Khan family - 

What a hero!

What a man!

What an American!

Make America Puke Again!

Tµrd/Pence 2016!

breckenridge
breckenridge

Johnny Reb will you be posting more bogus data today, and then slinking off when the garbage you post gets smacked down?


Rebel Rebel, you've torn your dress


Rebel Rebel, your face is a mess.

td1234
td1234

"A Democratic presidential elector in Washington state says he will not vote for Hillary Clinton.

Former Bernie Sanders delegate Robert Satiacum told ABC News Friday night that the Democratic presidential candidate's stance on the environment clashed with his Native American heritage. "I will not vote for Hillary Clinton," he told ABC News. "I will not write her name. I will not. I will not."

The member of the Puyallup Tribe in the Evergreen State says he believes Clinton lied about using a private email server, calling it a "heinous act of stupidity."

"She has done nothing remarkable as Secretary of State or as the senator of New York," he continued. "She's bought and paid for ... I just can't get behind her. There's no character there."

He added, "Maybe I'll vote Mickey Mouse. In all seriousness, maybe I should vote for Bozo the Clown."


http://abcnews.go.com/Politics/democratic-presidential-elector-vote-hillary-clinton/story?id=43319247

breckenridge
breckenridge

@td1234 

And former president George H W Bush, along with thousands and thousands and thousands of other republicans, will not vote for Trump. 


Next.

honested
honested

@td1234 

That's nice.

The number of straws available must be shrinking rapidly.

But please, continue to support those who would violate their Constitutional Obligation. It is so representative of the modern republiklan.

td1234
td1234

@honested @td1234 There is nothing in the actual Constitution saying how electors must vote. That is all about state law. 

honested
honested

@td1234 @honested 

Yes, and we have one party in this country that has no interest in the will of the people now don't we?

td1234
td1234

@honested @td1234 Will of which people. We are a 50/50 country so someones "will" is going to be ignored. 

honested
honested

@td1234 @honested 

No worries.

Most of the other '50' are just waiting on the reaper.


Maybe education would help so the educable portion of that '50' would come to understand:

Human rights are greater than property rights.

'Life' does not begin at conception.

The south did not win the Civil War.

The Constitution precludes the church from interfering with the STATE.

The ACA helps the deplorables more than the others.

for starters.

JamVet
JamVet

Did Drumpf ever get his STDs under control?

(Maybe that is what his honorary Purple Hearts are for...)


JamVet
JamVet

It is, to me, surprising that reb has fallen so deeply in love with the drumpf pig...

td1234
td1234

So there are a couple polls out today showing that Trump is doubling the Black vote that Romney received in several key swing states. 

honested
honested

@td1234 

Well, an increase from 'one' to 'two' is plausible.

honested
honested

@td1234 @honested 

If we are talking about total number of Black votes in a given state, you may be on to something.

breckenridge
breckenridge

Following game five of the World Series last Sunday night, Lance Wallnau delivered a prophetic word that despite the victory by the Chicago Cubs that night, the Cleveland Indians would win the World Series because Donald Trump had been forced to cancel a rally in Chicago earlier this year because of protests.

There was spiritual significance to the World Series, Wallnau explained, as Cleveland had hosted the Republican National Convention this year while Chicago was home to President Obama and so, when Cleveland won the series, it would be a prophetic sign that Trump would win the election.

After the Cubs game seven victory, Wallnau changed his prophecy to predict a Trump victory.

 Wallnau declared that the result of the World Series shows that the “curse” over America is breaking and “a fresh wind is blowing,” meaning that the church’s “long-standing losing streak” is coming to an end.

 “If Trump goes into the White House, he’ll be 70 when he’s inaugurated,” Wallnau said, which is significant because “70 is the number of Jubilee” and “70 is exactly the number of years since Israel became a nation."

Regardless, he prophesied that the Cubs’ victory means that 2016 is “going to be the year of God reversing the curse … God pouring out his spirit.”

Keep up the good work Lance.

PaulinNH
PaulinNH

@breckenridge  70 is exactly the number of years since Israel became a nation 

ROFL - Wallnau's math is almost as good as his prophecy.  Ben-Gurion's declaration of the State of Israel occurred on May 14th 1948.  For the mathematically challenged that would NOT be exactly 70 years ago.

JohnnyReb
JohnnyReb

Hillary has a commercial running where cherry picked comments including some profanity from Trump remarks at rallies is played against children viewing the TV.

Yesterday, Hillary had a rally where Jay Z repeatedly dropped the N-word and F-bomb.

More Hillary hypocrisy and lies. 

honested
honested

@JohnnyReb 

How is calling chump out for being the anti-American pig he is 'hypocrisy'?

I get that you don't like Hillary (and probably don't like Jay Z), who cares?

Kamchak
Kamchak

@JohnnyReb 

you wouldn't get it

It's really not that mysterious.

Just sayin'.

PaulinNH
PaulinNH

@JohnnyReb  Hillary has a commercial running where cherry picked comments including some profanity from Trump remarks

"Cherry picked comments"  LOL.  Hillary could have run all of them, but that would have taken about 1 h. 

MaryElizabethSings
MaryElizabethSings

See "Blue Velvet" - a David Lynch movie, starring Isabella Rossellini, for which she was nominated for an Academy Award.


As you watch it, think of the underbelly of America and how the Trump supporters are essentially showing us what they are about and who they are.  This is America at its worst.  This has got to change.  These people cannot represent what America is.


Vote for Hillary Clinton.

JohnnyReb
JohnnyReb

@MaryElizabethSings MES most Trump supporters are the very backbone of the nation.

Sure we have some loons, but so does your side.

MaryElizabethSings
MaryElizabethSings

@Donnie_Pinko @MaryElizabethSings


Biker Trump supporters whose tagline is "Lock her up; lock her up" are traveling en masse on their big bikes to various polling places with their guns and headgear including dark glasses in order to intimidate black people, Latino people, and others who plan to vote for Hillary.


I call those people the underbelly of America.  What they are doing is illegal in terms of voter intimidation.  Does this shock you?  It does not shock me.  This is exactly the kind of fascist mentality that Trump has promoted.  These are Americans, and I call them the American "underbelly," including their leader, Donald Trump.

td1234
td1234

@MaryElizabethSings @JohnnyReb You were a teacher all you life and you do not understand that it is the average hard working American citizen that is the backbone of the country? These are the Trump supporters. 

Kamchak
Kamchak

@MaryElizabethSings 

See "Blue Velvet"

Saw it when it came out.

A dreadful and depressing film with a young Kyle McLachlan.

He still can't act.

MaryElizabethSings
MaryElizabethSings

It was depressing because of the presence of the "underbelly" of American society and their lack of spiritual understanding. David Lynch simply held up a symbolic mirror through hyberbolic symbolism to their corrupted souls.

MaryElizabethSings
MaryElizabethSings

@Kamchak @MaryElizabethSings 

Underbelly of American society.  KKK.  Lynchings of innocent black men underneath a pristine, innocent and sometimes naive white South.  Ugly.  Morally corrupt.  Always depressing to look at.  Lynch looked.  And spoke artistically.
  The South's and America's underbelly caught on film as the corrupted soul gone wild.  Predictive of today?