Tags
Today:
Biden-Harris HQ @BidenHQ
Trump in 2018: “You look at GDP at 3.2 percent, we’re doing so well… Nobody would have believed it”GDP just hit 4.9 percent under @JoeBiden.
[….]
8:42 AM · Oct 26, 2023
Heh.
26 Thursday Oct 2023
Posted social media
inTags
Today:
Biden-Harris HQ @BidenHQ
Trump in 2018: “You look at GDP at 3.2 percent, we’re doing so well… Nobody would have believed it”GDP just hit 4.9 percent under @JoeBiden.
[….]
8:42 AM · Oct 26, 2023
Heh.
27 Thursday Feb 2020
Posted Uncategorized
inTags
This afternoon:
Jim Sciutto @jimsciutto
The Dow closed down 1,191 points, or 4.4% – the worst one-day point drop in history. The index has lost 3,226 points this week.The S&P 500 finished down 4.4% – the worst one-day percentage drop since August 2011.
It was the sixth straight day of losses for the Dow & S&P
3:23 PM · Feb 27, 2020
Now what?
02 Friday Aug 2019
Posted social media
inTags
#socialism, 4th Congressional District, Bureau of labor Statistics, economy, gaslighting, jobs report, missouri, social media, Twitter, Vicky Hartzler
This morning from the U.S. Bureau of Labor Statistics:
Employment Situation Summary
THE EMPLOYMENT SITUATION — JULY 2019
Total nonfarm payroll employment rose by 164,000 in July, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today…
…The unemployment rate held at 3.7 percent in July, and the number of unemployed persons was little changed at 6.1 million…
…In July, 1.5 million persons were marginally attached to the labor force, essentially unchanged from a year earlier. (Data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey…
…Mining employment declined by 5,000 in July, after showing little net change in recent months…
…The change in total nonfarm payroll employment for May was revised down by 10,000 from +72,000 to +62,000, and the change for June was revised down by 31,000 from +224,000 to +193,000. With these revisions, employment gains in May and June combined were 41,000 less than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.) After revisions, job gains have averaged +140,000 per month over the last 3 months.
Didn’t someone go to coal country during the 2016 presidential campaign and tell people there that their mining jobs were coming back?
Meanwhile:
Rep. Vicky Hartzler @RepHartzler
Jobs Report just came out and it’s a good one! 364,000 new jobs created in July!! Unemployment rate is at 3.7%. The economy is humming and that means more money in the pockets of hard-working Americans. Keep taxes low. Reject #socialism.
10:41 AM · Aug 2, 2019
#SupportReadingComprehension
Some of the comments:
Cool. It is good to know you will reject price supports and subsidized crop insurance. You will oppose fed support for rural broadband — just another socialist scheme.
[….] P.S. @BLS_gov says only 164k new jobs were added. Thanks for lying to us, yet again. #SlickVick
If we’re to reject socialism, maybe you should lead from the front instead of from the rear.
Reject #gaslighting.
Numbers are wrong. Take care of Americans. No more having to work 2 and 3 jobs. Please if you are so against any form of socialism, quit driving , going to parks, don’t use the police, military, fire dept. the list goes on. These turned out to be some of the great things.
Reject socialism? By that statement you should be rejecting farm subsidies and bail out money. Do you reject #racism?
what are you talking about?
you’ve inflated the number by 200k and are one of the biggest proponents of socialism
06 Saturday Apr 2019
Posted social media
inTags
4th Congressional District, Donald Trump, economy, missouri, social media, Twitter, Vicky Hartzler
Yesterday, from Representative Vicky Hartzler (r):
Rep. Vicky Hartzler @RepHartzler
Good news! The economy continues to roar under @POTUS policies of lower taxes & less regulations. Jobs report shows 196,000 new jobs created last month and nearly full employment (3.8% unemployment)! It’s a new day in America!
8:38 AM – 5 Apr 2019
The responses, as always, are priceless:
Didn’t you say this exact same thing just before the 2008 GOP Great Recession?
We see what you did there.
Sycophant
No, really, it was a one word response.
I don’t want to hear about the economy until wages start rising. Everything else is just static. Tax cuts have done nothing but explode the deficit exactly as predicted. Way to go!
The only stat that matters to your constituents in #MO04 is whether they are better off.
Wages are stagnant.
Purchasing power hasn’t changed since the 1960s.
The economy is good for corporations (i.e. your donors), but not for the people of Missouri.
It’s almost like his predecessor had something to do with it …
You forgot to mention that our national deficit continues to grow.
How many people are living in poverty not being paid a liveable wage? That’s the real statistic I would like you to talk about
These posts are frustrating.
We averaged 200-300k jobs added every month under Obama, but all we heard from you was how it wasn’t enough. Now, under Trump, we get similar numbers and it’s a ‘roaring economy’, even though nothing has been done to address wages and health care.
Gee, if only there were open public town hall in the district so you could tell your U.S. Representative and hear her response to any follow up questions you may have.
Gross domestic product increased at a 2.2 percent annualized rate, the Commerce Department said on Thursday in its third reading of fourth-quarter GDP growth. That was down from the 2.6 percent pace estimated in February.
Your tripe on the shrinking US Economy is misleading.
Actual numbers!
Trying to distract from how you’ve thrown victims of stalking and domestic abuse under the bus for that sweet sweet NRA money?
There’s that, too.
Didn’t you know, Congresswoman? Low unemployment numbers really just mean that unemployed people have just stopped looking for work altogether.
I mean, that’s what your boss said it meant during Obama’s eight years, anyway.
That was then, this is now.
You don’t talk to economists very often do you? Let’s see how strong things are at the end of the year into 2020. It takes a long time for policies to affect such a large economy. The economy looks very similar to how it did at the end of 2007.
30 Monday Jul 2018
Posted social media
inTags
Barrack Obama, Donald Trump, economy, gaslighting, missouri, social media, Twitter, Vicky Hartzler
All in as a card carrying member of the MAGA cult.
…Gaslighting is a tactic in which a person or entity, in order to gain more power, makes a victim question their reality. It works much better than you may think. Anyone is susceptible to gaslighting, and it is a common technique of abusers, dictators, narcissists, and cult leaders. It is done slowly, so the victim doesn’t realize how much they’ve been brainwashed…
GDP growth touted as “historic” by Trump is anything but
….In fact, Mr. Trump didn’t inherit a fixer-upper economy.
The U.S. economy just entered its 10th year of growth, a recovery that began under President Barack Obama, who inherited the Great Recession. The data show that the falling unemployment rate and gains in home values reflect the duration of the recovery, rather than any major changes made since 2017 by the Trump administration.
While Mr. Trump praised the 4.1 percent annual growth rate in the second quarter, the economy exceeded that level four times during the Obama presidency: in 2009, 2011 and twice in 2014.
In purely numerical terms, a larger shift took place in the second quarter of 2014, when the economy went from contracting by 1 percent to growing at a rate of 5.1 percent….
This past weekend from Representative Vicky Hartzler (r):
Rep. Vicky Hartzler @RepHartzler
Great news yesterday at our economy grew by 4.1% last quarter! So much better than the abysmal growth we had for years under the Obama Administration. Jobs are coming back, paychecks are increasing, opportunity is reborn. It’s a new day! #MAGA #Hope #Jobs
8:54 AM – 28 Jul 2018
No, it’s not a new day.
Some of the responses:
Actually Vicky, in the 2nd quarter of 2014, the GDP grew by 5.1%.
Obama was the president at that time. 5.1 is larger than 4.1
“the economy exceeded that level (4.1%) four times during the Obama presidency: in 2009, 2011 and twice in 2014.”
We deserve a Rep who is familiar with the history of their own nation at least going back 9 years or so.
You are part of the problem, Vicky. Why does good news on the economy always have to be contrasted with the Obama administration? Oh, because the Liar in Chief says so in his hateful insecurity.
Btw, the Obama years hit 5% from time to time.
Each lie gets a little easier, huh Vicky.
Literally everything you said after that first sentence was false.
Wages = flat
That is a lie
Uhmmm….we hit 5% several times under the Obama administration. No need to lie to get your point across.
Who ARE you?
#Derp
Wages are not increasing and growth hit at least 4% several times in the Obama years. You consistently lie to suit your far right worldview and I’m embarrassed that you’re my rep in Congress. Stop trying to sell tax cuts for the rich as something good for average Americans.
The Chicago Times said that inflation increased slightly. The number of homeless grew in 2017 for the first time in a decade. Don’t worry. All these things are completely natural business fluctuations.
Obama had 3 that were higher than 4.1% and he didn’t go out bragging. Let’s start talking about the deficit that the GOP are blowing up. We just borrowed $12 billion from China to give welfare to our farmers because of Trumps tariffs. Trump filed bankruptcy 4 times.He’s brilliant
Wrong.
But who cares about him being a Russian puppet, immigrant children still not with their parents, and 3D printed plastic guns coming soon. You sicken me.
under Obama:
—5.1% Q2 2014
—4.9% Q3 2014
—4.7% Q4 2011
—4.5% Q4 2009I know the truth is hard for you, but maybe you should try lying about something this isn’t so easy to fact check.
Another lie from Missouri’s 4th district mouth piece. You could care less about the dismantling of our country! Sad-shame-pathetic!
You know this is a blatant lie, right? Is that the new playbook for the @GOP just lie and hope people are too dumb?
That appears to be their plan.
19 Tuesday Dec 2017
Posted Uncategorized
inHere, via The Turner Report, is GOP Rep. Vicky Hartzler’s statement on the tax sham being muscled through Congress right now:
The release of this final tax reform bill brings hard-working Missouri families one step closer to relief. I look forward to voting on the tax package next week and getting it to President Trump’s desk before Christmas, so that Americans will see their paychecks increase and more jobs come back from overseas.
I want you to read this carefully in order to appreciate how remarkable it is. Remarkable, I mean, in terms the number of lies that can be packed into a relatively short statement:
The Tax bill will bring relief to “hard-working” Missouri families: I suppose this is true insofar as it’s possible that some billionaires are hardworking. And these guys are going to have so much relief that they will, to paraphrase Trump, who will also make out like the proverbial bandit, get sick of being relieved. Others, we are told by tax experts who have reviewed the document, may or may not pay less and, of course, even these much smaller poor folks “cuts” will expire within 5-10 years. Many working and middle class families and some small businesses will pay more in taxes right away since crucial deductions have been “simplified” out of existence in order to pay for huge, permanent cuts for corporations – which will, incidentally, keep almost all of the loopholes that the elimination of which have in the past provided a rationale for lowering the corporate tax rate.
Americans will see their paychecks increase: Most economists agree with those who assert that if it hasn’t already happened, increasing the corporate bottom line via a huge tax cut isn’t going to make it happen. As The Washington Post notes, “wage growth has remained relatively sluggish over the past several years, even as corporate profits hover near all-time highs as a share of the economy, and the unemployment rate continues to fall to levels that economists normally associate with rapid increases in worker pay.” Expect the corporate tax windfalls to go straight into corporate stock buybacks and to wealthy stockholders.
Americans will see … more jobs come back from overseas. The tax scam bill would allow companies to repatriate profits on a one-time basis at a 15% rate, a strategy that has failed to stop offshoring in the past. Tax lawyer David Herzog reminds us in a New York Times op-ed that, “by instituting a tax holiday in 2004, the government signaled to companies that future untaxed profits could eventually be repatriated when the budget was in trouble.” That’s why corporations are now sitting on $2.5 billion dollars they’ve squirreled away in foreign countries, waiting on the next tax holiday – and, voila, here it is.Thank you Daddy Trump.
Nor, as an AP Fact check observes, does past experience indicate that repatriated profits have much of a positive effect on the economy, but rather go into shareholders pockets or to finance stock buybacks. Tax experts, as opposed to Rep. Hartzler who clearly is not, are nearly uniform in the considered opinion that “the legislation fails to eliminate long-standing incentives for companies to move overseas and, in some cases, may even increase them.”
Nevertheless, we can expect this disastrous, deficit busting bill to pass with unanimous Republican support today. Its passage will happen even though a majority of Americans, even those who will get a tax cut, have made it clear in polls that they know it stinks. If you are interested in why Republicans don’t care about their constituents needs and preferences, Steve Benen has done an excellent job of outlining the possible reasons for GOP disregard of public opinion in this case.
I personally think that Rep. Hartzler’s mendacity in trying to pass off a mess of spoiled pottage as caviar and champagne can give us a clue to at least one aspect of the GOP strategy. I expect that we’ll hear many variants of Hatzler’s fantastic stories tripping off the lips of our imaginative Republican congresspeople in the coming weeks.They’re so sure that the voters they need have been Foxized to the point that they can be told up is down and they’ll not only believe it, but will start walking on their hands. Republicans think we’re dumb, manipulable bozos who can be led by our noses straight off a cliff.
And maybe they’re right to be contemptuous of their voters. Just look at who is sitting in the White House.
08 Thursday Jan 2015
Posted Uncategorized
inSenator Claire McCaskill (D) ushers in the new era of bipartisanship in the United States Senate:
Claire McCaskill @clairecmc
Gimme a break.After fighting every measure that has allowed our economy to recover Senator McConnell has nerve to claim credit. 4:52 PM – 7 Jan 2015
We told you so.
13 Sunday Jul 2014
Posted Uncategorized
inPreviously:
Bureau of Labor Statistics – June jobs report (July 3, 2014)
Rep. Vicky Hartzler (r): the talking points must have arrived late (July 10, 2014)
Rep. Vicky Hartzler (r): doubling down on the spin (July 12, 2014)
Representative Vicky Hartzler (r) posted another “bon mot” on the economy via Twitter today:
Rep. Vicky Hartzler @RepHartzler
Not what you want to be reading with your morning coffee [….] 6:54 AM – 12 Jul 2014
It was accompanied by an illustration with a representation of a New York Times with a byline for Bunyamin [sic] Applebaum, a cup of coffee, a desk top computer (and assorted paraphernalia), and (maybe) some sort of tablet device on a table top off some sort.
Uh, if someone has a tablet, a desktop computer, and a cup of coffee at a desk do you think they’ll be reading an analog version of the newspaper at the same desk? Or would they probably access it on line? Just asking.
There was a response from a constituent a few hours later:
Bob Yates @OldDrum
@RepHartzler Why post photos that are lies? There is no Bunyamin Applebaum at the NY Times. Binyamin A. wrote no story like this 7/11. 9:07 AM – 12 Jul 2014
Representative Hartzler (r) responded in turn:
Rep. Vicky Hartzler @RepHartzler
@OldDrum [article link] 10:10 AM – 12 Jul 2014
Well, yes there is a Binyamin Appelbaum who is a reporter at the New York Times. And the article was actually dated June 11, 2014. Uh, that was a month ago. Maybe Representative Hartzler (r) still uses dial-up on a 1200 baud modem.
The punch line? Part of the caption for the Associated Press photo accompanying the New York Times article:
“…Some economists say the decline in government spending has hurt the recovery…”
Think about that for a second. Representative Hartzler (r) is utilizing a month old article in the New York Times to assist her in spinning criticism of the current state of the economy, while missing the photo caption in the same article which indicates that a probable contributor to that problem is the implementation of her party’s obstructionist ideology in Congress. Sweet.
Now that’s real chutzpah.
12 Saturday Jul 2014
Posted Uncategorized
inPreviously:
Bureau of Labor Statistics – June jobs report (July 3, 2014)
Rep. Vicky Hartzler (r): the talking points must have arrived late (July 10, 2014)
Yesterday Representative Vicky Hartzler (r) continued to offer talking points on the state of the economy via Twitter:
Rep. Vicky Hartzler @RepHartzler
My definition of “recovery” is way different then that of the President’s [….] 6:34 AM – 11 Jul 2014
As usual, she received prompt responses:
Leftslant @Leftslant
@RepHartzler #gop definition of “work” is not passing anything or working with anyone ever. You have a credibility problem. 6:39 AM – 11 Jul 2014
tinyterror @thetiny_terror
.@RepHartzler That he continued to work on it while GOP continues to block it? Yep, definitely different. 6:44 AM – 11 Jul 2014
Social media rules.
25 Wednesday Jun 2014
Posted Uncategorized
inToday on Twitter, from Representative Vicky Hartzler (r):
Rep. Vicky Hartzler @RepHartzler
New #GDP numbers show the sharpest decline since 2009. (cc: @WhiteHouse) [….] 6:55 AM – 25 Jun 2014
And a reply:
Cody Welton @acoupstick
@RepHartzler @WhiteHouse check PMI numbers just released. Hack. 7:44 AM – 25 Jun 2014
That was rather adamant.
From the Institute for Supply Management:
FOR RELEASE: June 2, 2014
[….]
“The May PMI® registered 55.4† percent, an increase of 0.5 percentage point from April’s reading of 54.9 percent, indicating expansion in manufacturing for the 12th consecutive month. The New Orders Index registered 56.9† percent, an increase of 1.8 percentage points from the 55.1 percent reading in April, indicating growth in new orders for the 12th consecutive month. The Production Index registered 61.0† percent, 5.3 percentage points above the April reading of 55.7 percent. Employment grew for the 11th consecutive month, registering 52.8† percent, a decrease of 1.9 percentage points below April’s reading of 54.7 percent. The Supplier Deliveries Index registered 53.2† percent, 2.7 percentage points below the April reading of 55.9 percent. Comments from the panel reflect generally steady growth, but note some areas of concern regarding raw materials pricing and supply tightness and shortages.”
[….]
Don’t you just love social media?
Update:
Today’s GDP Number Is Not as Bad as it Sounds. But the Recovery Is Still Weak.
By Danny Vinik….But this may be a case of bad news that’s not so bad-and maybe even good. The reason why consumer spending fell is that health care spending decreased by 1.4 percent in the first quarter. In fact, in the BEA’s second estimate, health care spending contributed 1.01 percent to the growth rate. Under the third estimate, it subtracted 0.16 percent. In other words, health care spending went from a strong contributor to GDP growth to a detractor from it-all in a quarter when millions of Americans gained health insurance….
And who keeps voting to repeal Obamacare? Just asking.