Obviously SR is still dreaming of a US with the criminal Hillary in the white house.

The US has a stock market based on (1) the profits from lower labor costs by producing offshore the goods and services corporations sell to Americans, destroying American middle class and the tax base of cities and states, (2) the use of corporate profits for buying back the corporations’ stock, and by borrowing to buy back stock, thus decapitalizing the corporations in order to support stock prices, managerial bonuses and shareholder capital gains, and (3) Quantitative Easing (QE) which pumped trillions of dollars into US financial markets, thus pushing up the prices of financial assets.

The increase in inequality of incomes in the US is the consequence of economic policy to support the New York Banks, which has meant supporting the prices of the bad assets on their balance sheets.

The 3.5% unemployment rate results from not counting unemployment. If you are unemployed, but have not searched for a job in the last 4 weeks, your unemployment is not considered counted. If you have looked for a job for a year without success and have become long-term discouraged, you are not even counted as being a member of the work force. So how can you be unemployed?

Job growth is a fiction. Increasingly jobs are not jobs. American companies hire through agencies and cycle people in and out as needed. The jobs at which a person worked for decades with medical coverage and a retirement pension are gone.

What America has is an economy stagnating in debt with a growing amount of consumer income diverted to the service of debt. It is the fault of corporations moving middle class jobs offshore and filling many that remain in the US with lower paid foreigners on work visas. It is the fault of the Fed policy of saving the banks rather than the economy.  It is the fault of the policy of supporting aggregate demand by substituting consumer debt for the missing growth in consumer income.  This is a huge problem, and a president alone cannot correct it.

US unemployment is really 23%, stunning really when you consider the implications.

Now let's get this straight SR:

"the rest of the world" agrees with you that the ONLY way to evaluate an economy is via GDP

AND

even though your assertions about Russian collusion were shown to be utterly wrong and mine utterly correct you were victorious in that discussion!!

Quite the fantasy world you've created for yourself there SR.

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Meanwhile back in the real world, things just keep getting better for the US and Trump. New wage numbers show the lowest paid with out-sized increases, Jobless claims lowest in 50 years.
Meanwhile US rivals are in disarray. The world is waking up to China and no longer giving it a pass on human rights and trade cheating. And the virus is crippling their economy.
Russia is so stricken that they couldn't even afford to cut oil production to support oil prices through the virus crisis. Germany and therefore the EU are barely avoiding recession.

And as all this goes on the Democrats can't even hold a minor vote without corruption and cock-up

US unemployment is really 23%, stunning really when you consider the implications.
Galen,
How many of these are unemployable due to the affects of drug abuse & lack of discipline ?

When a Highly ranked Christian minister/conservative politician of our own Christian lobby comes out on last night's drum and in lockstep with the Christian lobby in the US and agrees with them that Trump is a pathological liar and a narcissist, Etc. And that most of the speech was more of the same? One is inclined to believe him.

The economy is a debt-funded house of cards! When the current President goes the true numbers will be known including how much tax Trump has avoided, which as you all know, is a criminal offence in the US!

But by then, a six-time bankrupt, Mr Trump will be in Russia and with the bulk of his ill-gotten gains! Russia has no extradition treaty with any nation who could arrest a no longer protected by the robes of office, Mr Trump and make him face the folk he has deceived so cruelly or for his other alleged offences?

As far as Christians go, runner, is like that private on a passing out parade whose mummy comments, look Jonny is the only one in step.
Alan B.

Al B

God Al. That's one I had a serious laugh at. Speken like a true Democrat ay!
Have you thought of "Tea for Two" with Hillary?

Dan