---President Elect Musk and Convicted Felon Donald J Trump---

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Comments

  • shecky
    shecky San Francisco Posts: 2,721
    shecky said:
    Wouldn't it all be so much simpler if you guys just found a candidate that could beat President Trump? I hear that Hillary and Gavin Newsom are both anxiously waiting in the wings! Ha ha ha! =)
    Narrator- "The current Democratic candidate literally defeated Trump four years ago. Shecky and millions like him refuse to believe it happened."
    Oh, there's no doubt it really happened. And we're all suffering for it every day! 
  • The Juggler
    The Juggler Posts: 49,597
    edited June 2024
    2023
    shecky said:
    shecky said:
    Wouldn't it all be so much simpler if you guys just found a candidate that could beat President Trump? I hear that Hillary and Gavin Newsom are both anxiously waiting in the wings! Ha ha ha! =)
    Narrator- "The current Democratic candidate literally defeated Trump four years ago. Shecky and millions like him refuse to believe it happened."
    Oh, there's no doubt it really happened. And we're all suffering for it every day! 
    272,000 jobs created last month. Low unemployment. Most of us are not suffering like we were four years ago. 

    But sorry to hear things are not going well for you, Sheck. Hang in there bud. Hopefully you can pull yourself up by the bootstraps. 
    Post edited by The Juggler on
    www.myspace.com
  • Merkin Baller
    Merkin Baller Posts: 12,791
    shecky said:
    shecky said:
    Wouldn't it all be so much simpler if you guys just found a candidate that could beat President Trump? I hear that Hillary and Gavin Newsom are both anxiously waiting in the wings! Ha ha ha! =)
    Narrator- "The current Democratic candidate literally defeated Trump four years ago. Shecky and millions like him refuse to believe it happened."
    Oh, there's no doubt it really happened. And we're all suffering for it every day! 
    272,000 jobs created last month. Low unemployment. Most of us are not suffering like we were four years ago. 

    But sorry to hear things are not going well for you, Sheck. Hang in there bud. Hopefully you can pull yourself up by the bootstraps. 
    🤣🤣🤣
  • shecky
    shecky San Francisco Posts: 2,721
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
  • shecky
    shecky San Francisco Posts: 2,721
    shecky said:
    Wouldn't it all be so much simpler if you guys just found a candidate that could beat President Trump? I hear that Hillary and Gavin Newsom are both anxiously waiting in the wings! Ha ha ha! =)
    And this is what exemplifies what is wrong with ‘Murica. That tens of millions of ‘Muricans who would rather have a piece of shit POTUS in POOTWH because it’s the best the repub party can come up with, an abject failure of a human being. That they would rather live under authoritarianism than share with the “other”, despite how good things are under Brandon, despite everything they know, or probably don’t know due to ignorance, or just “owning the libs.” Fuck women, fuck immigrants, fuck the environment and most certainly fuck everyone who doesn’t look and pray like me. ‘Murica deserves everything it’s going to get and then some when POOTWH gets re-elected. And you, general you, thought the BLM and George Floyd unrest was bad?
    Well, you are correct about one thing. President Donald Trump is definitely going to be re-elected.
  • mickeyrat
    mickeyrat Posts: 44,450
    shecky said:
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
    you recall we were on lockdown this time 4 years ago. and some 350,000 people had yet to die.

    remember the thing? over by easter?

    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Halifax2TheMax
    Halifax2TheMax Posts: 42,258
    2023
    shecky said:
    shecky said:
    Wouldn't it all be so much simpler if you guys just found a candidate that could beat President Trump? I hear that Hillary and Gavin Newsom are both anxiously waiting in the wings! Ha ha ha! =)
    Narrator- "The current Democratic candidate literally defeated Trump four years ago. Shecky and millions like him refuse to believe it happened."
    Oh, there's no doubt it really happened. And we're all suffering for it every day! 
    272,000 jobs created last month. Low unemployment. Most of us are not suffering like we were four years ago. 

    But sorry to hear things are not going well for you, Sheck. Hang in there bud. Hopefully you can pull yourself up by the bootstraps. 
    🤣🤣🤣
    And here’s the thing, while everyone seems to be pissing and moaning about inflation, which has come down from 9+ % points to 2% or so, average wages are up 4.1%, unemployment below 5%, etc. the economic numbers for airport travel, travel and leisure, dining out, are all in great growth numbers. So either it’s “inflation” or it’s Hunter’s laptop and the “other.”

    Like I’ve said, you’re watching a slow swirl.

    shecky said:
    shecky said:
    Wouldn't it all be so much simpler if you guys just found a candidate that could beat President Trump? I hear that Hillary and Gavin Newsom are both anxiously waiting in the wings! Ha ha ha! =)
    And this is what exemplifies what is wrong with ‘Murica. That tens of millions of ‘Muricans who would rather have a piece of shit POTUS in POOTWH because it’s the best the repub party can come up with, an abject failure of a human being. That they would rather live under authoritarianism than share with the “other”, despite how good things are under Brandon, despite everything they know, or probably don’t know due to ignorance, or just “owning the libs.” Fuck women, fuck immigrants, fuck the environment and most certainly fuck everyone who doesn’t look and pray like me. ‘Murica deserves everything it’s going to get and then some when POOTWH gets re-elected. And you, general you, thought the BLM and George Floyd unrest was bad?
    Well, you are correct about one thing. President Donald Trump is definitely going to be re-elected.
    Your posts give you away, you should have said, “former President POOTWH is going to be re-elected.” You don’t think he lost.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • The Juggler
    The Juggler Posts: 49,597
    2023
    shecky said:
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
    I am sorry that things are not good for you right now, sheck. That is too bad. 
    www.myspace.com
  • Halifax2TheMax
    Halifax2TheMax Posts: 42,258
    edited June 2024
    2023
    shecky said:
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
    What’s delusional is believing in POOTWH’s grotesquere of continuing Ronny Raygun’s trickle down economics and believing it’s going to transform your rural, small town into a shangra la of wealth and prosperity. From Letter From An American:

    But supply-side economics never produced the results its supporters promised. What it did do was move money out of the hands of ordinary Americans into the hands of the very wealthy. Economists estimate that between 1981 and 2021, more than $50 trillion dollars moved from the bottom 90% of Americans to the top 1%.

    So, if I did my maths properly, that means that during this time approximately 3,300,000 ‘Muricans, received approximately $166,000,000 each, give or take. I know how I did during those years personally, both in wages and retirement benefits, as well as stock market earnings, and oddly enough, I always, without fail, did better under dem administrations and congresses. Weird, I know.
    Post edited by Halifax2TheMax on
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  • Halifax2TheMax
    Halifax2TheMax Posts: 42,258
    edited June 2024
    2023
    These people aren’t going away when POOTWH goes away. And, careful what you wish for Scheck.

    A battle-tested D.C. bureaucrat and self-described Christian nationalist is drawing up detailed plans for a sweeping expansion of presidential power in a second Trump administration. Russ Vought, who served as the former president’sbudget chief, calls his political strategy for razing long-standing guardrails “radical constitutionalism.”

    He has helped craft proposals for Donald Trump to deploy the military to quash civil unrest, seize more control over the Justice Department and assert the power to withhold congressional appropriations — and that’s just on Trump’s first day back in office.

    Vought, 48, is poised to steer this agenda from an influential perch in the White House, potentially as Trump’s chief of staff, according to some people involved in discussions about a second term who spoke on the condition of anonymity to describe private conversations.

    Since Trump left office, Vought has led the Center for Renewing America, part of a network of conservative advocacy groups staffed by former and potentially future Trump administration officials. Vought’s rise is a reminder that if Trump is reelected, he has said he will surround himself with loyalists eager to carry out his wishes, even if they violate traditional norms against executive overreach.

    “We are living in a post-Constitutional time,” Vought wrote in a seminal 2022 essay, which argued that the left has corrupted the nation’s laws and institutions. Last week, after a jury convicted Trump of falsifying business records, Vought tweeted: “Do not tell me that we are living under the Constitution.”

    Vought aims to harness what he calls the “woke and weaponized” bureaucracy that stymied the former president by stocking federal agencies with hardcore disciples who would wage culture wars on abortion and immigration. The proposals championed by Vought and other Trump allies to fundamentally reset the balance of power would represent a historic shift — one they see as a needed corrective.

    “The president has to be able to drive the bureaucracy instead of being trapped by it,” said Newt Gingrich, the former House speaker who led the GOP’s 1994 takeover of Congress.

    Vought did not respond to interview requests and a detailed list of questions from The Washington Post. This account of his plans for Trump’s potential first day back in office and the rest of a second term comes from interviews with people involved in the planning, a review of Vought’s public remarks and writings, and Center for Renewing America correspondence obtained by The Post.

    The Trump campaign has distanced itself from the extensive planning. Campaign managers Susie Wiles and Chris LaCivita said in a statement, “Unless a message is coming directly from President Trump or an authorized member of his campaign team, no aspect of future presidential staffing or policy announcements should be deemed official.”

    But in a sign of Vought’s status as a key adviser, Trump and the Republican National Committee last month named him policy director for the 2024 platform committee — giving him a chance to push a party that did not adopt a platform in 2020 further to the right. Trump personally blessed Vought’s agenda at a Mar-a-Lago fundraiser for his group and saidVought would “do a great job in continuing our quest to make America great again.”

    Some of Vought’srecommendations, such as bucking the Justice Department’s tradition of political independence, have long percolated in the conservative movement. But he is taking a harder line — and seeking to empower a presidential nominee who has openly vowed “retribution,” alarming some fellow conservatives who recall fighting against big government alongside Vought long before Trump’s election.

    “I am concerned that he is willing to embrace an ends-justify-the-means mentality,” said Marc Short, formerly chief of staff to Vice President Mike Pence, who has said he won’t endorse Trump. Vought, Short added, is embracing “tactics of growing government and using the levers of power in the federal bureaucracy to fight our political opponents.”

    Vought’s long career as a staffer in Congress and at federal agencies has made him an asset to Project 2025, an initiative led by the Heritage Foundation, a conservative think tank, to lay the groundwork for a second Trump term. Vought wrote the chapter on the executive office of the president in Project 2025’s 920-page blueprint, and he is developing its playbook for the first 180 days, according to the people involved in the effort.

    “We’re going to plant the flags now,” Vought told Trump’s former strategist, Stephen K. Bannon, on his far-right podcast. “It becomes a new governing consensus of the Republican Party.”

    From fiscal hawk to MAGA warrior

    Vought was raised in Trumbull, Conn., the son of an electrician and a teacher and the youngest of seven children. Brought up in what he has characterized as a “very strong, Bible-preaching, Bible-teaching church,” he attended Christian camps every summer. He received a bachelor’s degree from Wheaton College, an evangelical Christian school in Illinois, and headed to Capitol Hill near the end of the Clinton administration.

    Continues 

    https://www.washingtonpost.com/politics/2024/06/08/russ-vought-trump-second-term-radical-constitutional/

    Post edited by Halifax2TheMax on
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • mrussel1
    mrussel1 Posts: 30,882
    shecky said:
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
    I am sorry that things are not good for you right now, sheck. That is too bad. 
    Here's thing Juggler.  Capitalism creates winners and losers.  Not everyone can be successful.  Otherwise we are just communists.  So for all of us that have had a great run, particularly in the job and stock market, there will be a few that lose out.  That's the nature of our system.  So @Shecky has had a tough go of it.  It's unfortunate, but we do have social programs to even the playing field a bit and him through the tough times.  Thankfully.  
  • shecky
    shecky San Francisco Posts: 2,721
    shecky said:
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
    I am sorry that things are not good for you right now, sheck. That is too bad. 
    No worries - January 20, 2025 will be here before you know it! Until then, as long as if I can continue to afford my $100.00 weekly donation to President Donald Trump's TRUMP NATIONAL COMMITEE JFC, I'm fine!
  • Halifax2TheMax
    Halifax2TheMax Posts: 42,258
    2023
    shecky said:
    shecky said:
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
    I am sorry that things are not good for you right now, sheck. That is too bad. 
    No worries - January 20, 2025 will be here before you know it! Until then, as long as if I can continue to afford my $100.00 weekly donation to President Donald Trump's TRUMP NATIONAL COMMITEE JFC, I'm fine!
    Pics of recurring charges on a credit card or bank statement or it ain’t happening.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • mrussel1
    mrussel1 Posts: 30,882
    shecky said:
    shecky said:
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
    I am sorry that things are not good for you right now, sheck. That is too bad. 
    No worries - January 20, 2025 will be here before you know it! Until then, as long as if I can continue to afford my $100.00 weekly donation to President Donald Trump's TRUMP NATIONAL COMMITEE JFC, I'm fine!
    God,  I hope this is true.  We figured you were the mark,  but holy cow. 
  • shecky
    shecky San Francisco Posts: 2,721

  • Go Beavers
    Go Beavers Posts: 9,561
    shecky said:
    Like I said, "I think I'll wait for a thorough invesitgation to be conducted before I reach an opinion."
    And republicans have been maintaining their opinions that Trump is not guilty after every investigation. Their is no wait and see. 
  • gimmesometruth27
    gimmesometruth27 St. Fuckin Louis Posts: 24,118
    2023
    mrussel1 said:
    shecky said:
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
    I am sorry that things are not good for you right now, sheck. That is too bad. 
    Here's thing Juggler.  Capitalism creates winners and losers.  Not everyone can be successful.  Otherwise we are just communists.  So for all of us that have had a great run, particularly in the job and stock market, there will be a few that lose out.  That's the nature of our system.  So @Shecky has had a tough go of it.  It's unfortunate, but we do have social programs to even the playing field a bit and him through the tough times.  Thankfully.  
    yeah but those programs can be considered "socialist", and shecky's party don't like that very much.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • Halifax2TheMax
    Halifax2TheMax Posts: 42,258
    2023
    shecky said:

    The clown has emerged from the car and is speaking in ties!


    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • shecky
    shecky San Francisco Posts: 2,721

    LARRY KUDLOW: 'Look under the hood' of Biden's May jobs report and you'll see the problem

    Unemployment rate rose to 4%

    By Larry Kudlow FOXBusiness

    If you're going to buy a pre-owned, used car like so many people have to do nowadays, you can't just be impressed by a shiny new paint job. 

    Instead, you've got to look under the hood. You've got to check out the engine, the oil, battery, brake fluid and spark plugs. 

    Well, today's release of the May jobs report is much the same. The shiny, new paint job was a significant 272,000 increase. Although nearly half of that was government and government-related jobs, that's what the nonfarm payrolls showed. However, when you lift up the hood, what you see is an incredible 408,000 job loss from the household survey

    US JOB GROWTH JUMPS BY 272K IN MAY WHILE UNEMPLOYMENT UNEXPECTEDLY RISES

    So what's the difference between the two? Well, the payroll establishment survey is mostly larger, established companies where the Bureau of Labor Statistics dials up the human resources department and gets a job headcount, but for the household survey, the BLS mainly calls families and individuals to ask if they are employed or not. 

    Traditionally, the household survey is more heavily weighted toward small businesses, and actually over the past year has produced only a tiny 31,000 increase in jobs. Now, additionally, under the hood, the civilian labor force shrunk by 250,000 and as a consequence, the unemployment rate notched up to 4%. And another key indicator of the labor force is the employment-to-population ratio, which fell slightly in May to 60.1%. 

    Now aside, the late, great labor economist Ed Lazear, former CEA chair, longtime professor at Stanford University, Ed Lazear always pointed to the employment-population ratio as the single best indicator of labor market strength or weakness. He was, by the way, a dear friend and mentor of mine. 

    Now, during the Trump years, the employment population ratio reached 61.1% — that's 1% higher than today's number. However, going further back, the peak in that ratio was 64.6% in May of 2000. So, the point here is more people ought to be working. 

    And my guess is, among the many complexities of the job story, both federal and state governments more and more are offering overly generous benefits not to work, but there is more concern with these job numbers. 

    Once again, full-time jobs fell 605,000 in May. This is not a monthly problem — this is a long-playing record. It's mirror image: Part-time jobs gained 286,000. So if full-timers are plunging and part-timers are surging, that cannot be a healthy economic sign. Additionally, in just May alone, 414,000 immigrants, both legal and illegal, gained jobs, while 663,000 native-born Americans lost jobs. This discouraging pattern has been going on for quite some time, but the trend line has accelerated significantly during the Biden years. 

    Now, in terms of the ongoing Biden affordability crisis, if you call through the numbers over the past 12 months, the combination of average hourly earnings — that's wages — for production people — working folks — that times, hours worked, you get a proxy for their income, and that income number comes to only 3.4% increase, which is about the same as the consumer price index, which means they're not getting ahead of the ongoing inflation. 

    Indeed, over Biden's entire term, real wages have fallen while all these prices have exploded. 

    So when you look at all these car parts under the hood, frankly, I think folks are going to buy a much better model: one that has lower taxes, deregulation and drill, baby, drill. We'll have to find a car that suits all that.

  • The Juggler
    The Juggler Posts: 49,597
    2023
    mrussel1 said:
    shecky said:
    "Most of us are not suffering like we were four years ago." Ha ha ha! Dude, you are delusional.
    I am sorry that things are not good for you right now, sheck. That is too bad. 
    Here's thing Juggler.  Capitalism creates winners and losers.  Not everyone can be successful.  Otherwise we are just communists.  So for all of us that have had a great run, particularly in the job and stock market, there will be a few that lose out.  That's the nature of our system.  So @Shecky has had a tough go of it.  It's unfortunate, but we do have social programs to even the playing field a bit and him through the tough times.  Thankfully.  
    It sounds like he thinks Donald Trump will solve all of his problems. A true conservative, that shecky. 
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