The Nation's Financial Condition

[jhu72]

Cramer not so bullish on Mary Jane.

[Typical Lax Dad]

https://www.bbc.com/news/amp/business-50427636

[Brooklyn]

https://www.bbc.com/news/amp/business-50427636

quote: ''falling prices and a string of natural disasters have pummelled farmers in recent years, with the US-China trade war delivering a final punch''


It's not just farms that are getting screwed by Trump ~


Cummins to lay off 2,000 employees in coming months

https://www.truckpartsandservice.com/co ... ng-months/


Engine manufacturer Cummins has said it will lay off approximately 2,000 employees in response to market conditions. A company spokesperson says the layoffs are expected to be completed by the end of the first quarter of 2020.


It's a "bloodbath": https://www.businessinsider.com/cummins ... rn-2019-11




Meanwhile, the national debt has grown by three TRILLION thanks to Trump. Not a word of protest to be heard from the far right who soiled their underpants about it during the Obama years.

[Typical Lax Dad]

https://www.rematec.com/news-articles/c ... trade-war/

I wonder how that $1,000 tax bonus is going?

[holmes435]

Nobel Economist Calls on Humanity to End Obsession With GDP

[jhu72]

Study shows that while available jobs are increasing they are loussy quality jobs. We have all known this, job quality is seeking to compete with that of the rest of the world. Poor pay, poor or no benefits, etc. Trump isn't responsible for this trend, but he is doing nothing to improve the situation.

[CU88]

Scary stuff.

https://www.washingtonpost.com/business ... story.html

[seacoaster]

Study shows that while available jobs are increasing they are loussy quality jobs. We have all known this, job quality is seeking to compete with that of the rest of the world. Poor pay, poor or no benefits, etc. Trump isn't responsible for this trend, but he is doing nothing to improve the situation.

Have any of you read Andrew Yang’s book, The War on Normal People”? It is a worthwhile narrative about the direction of capital, the threat of efficiencies and automation, and the impact on ordinary workers by economic category. It is f@cking chilling.

[a fan]

Been saying this for a couple of years now----this economy is entirely borrowed.

And when the bill comes due? Bye bye flyover America, because we have a nation of citizens who've convinced themselves that we're overtaxed on the Federal level.

Oh well. It all falls on deaf ears until it's too late to fix the problem.

[Typical Lax Dad]

Been saying this for a couple of years now----this economy is entirely borrowed.

And when the bill comes due? Bye bye flyover America, because we have a nation of citizens who've convinced themselves that we're overtaxed on the Federal level.

Oh well. It all falls on deaf ears until it's too late to fix the problem.

Nope it’s Trump. He is leading the greatest economy ever. Bringing the skill and expertise he utilized in building his empire to America. He is a man of the people.

[CU88]

o d gave corporations a massive tax cut that was supposed to produce surging investment — but business investment is down. He launched a trade war to make manufacturing great again, but industry is shrinking...


U.S. factory sector contracts again in November: ISM

https://www.reuters.com/article/us-usa- ... SKBN1Y61OY

[CU88]

MAGA

This video presents the top 10 countries by general government gross debt in percent of the country's GDP.

https://www.youtube.com/watch?v=AhvMuxcvlt0

[Trinity]

Trump suggests no deal with China until after the election. Farm bankruptcies are already up 24% this year.

[CU88]

r's love their hero and liar in chief:

“I don’t watch the stock market” says o d as Dow is down >400 points following his comments on possible China trade deal delay.

[jhu72]

Bad news for some of those Trump white working class states.

[Typical Lax Dad]

https://amp.businessinsider.com/congres ... fs-2019-12

[youthathletics]

https://amp.businessinsider.com/congres ... fs-2019-12

What a misleading headline.

[Typical Lax Dad]

https://amp.businessinsider.com/congres ... fs-2019-12

What a misleading headline.

That’s why you read the articles. I stay away from twitter for my news for that reason. Lacrosse a scientist and a couple other people I “follow. No politicians or politics for me...

[jhu72]

Man the US economy is just great for hardworking go getter without an education. Let's look at the fastest growing industries (by number of people employed) in the US where an average blue collar man/women can make a living.

#1 Breweries 211% growth over 10 years. Avg salary $45,000, down 38% over the past 10 years
#3 Mobile Food Services 198% growth over 10 years. Avg salary $19,000, up 20% over the past 10 years
#4 Caring for the Elderly and Disabled 190% growth over 10 years. Avg salary $18,700, down 1% over the past 10 years
#6 Nails Salons 164% growth over 10 years. Avg. salary is $20,300, up 37% over the past 10 years
#7 Under cover crop farmer 143% growth over 10 years. Avg salary is $33,600, up 25% over the past 10 years
#8 Dry pea and bean farming 135% growth over 10 years. Avg salary is $39,700 up 50% over the past 10 years
#10 Distilleries 120% growth over 10 years. Avg salary is $66,500 down 3% over the past 10 years
#11 Industrial sand mining 117% growth over 10 years. Avg salary is $73,400, up 37% over the past 10 years
#12 Barber Shops 114% growth over 10 years. Avg salary is $27,700, up 44% over the past 10 years
#13 Pet care / dog walker 114% growth over 10 years. Avg salary is $22,400, up 24% over the past 10 years
#14 Fishing 111% growth over 10 years. Avg salary is $91,800, up 127% over the past 10 years
#16 Camper/Trailer Manufacturer 107% growth over 10 years. Avg salary is $47,300, up 39% over the past 10 years
#18 Ambulatory Care Services 106% growth over 10 years. Avg salary is $60,900 (some schooling required), up 25% over the past 10 years
#19 Motor Home Manufacturing 106% growth over 10 years. Avg salary is $55,200, up 33% over the past 10 years
#20 Local Delivery Service (pizza, messenger, etc.) 100% growth over 10 years. Avg salary is $35,900, up 24% over the past 10 years
#22 Transit System Manufacturer 97% growth over 10 years. Avg salary is $56,300, up 44% over the past 10 years (There are only 684 of these jobs)
#23 Storage Battery Manufacturer 95% growth over 10 years. Avg salary is $63,900, up 21% over the past 10 years
#24 Motor Vehicle Trim Manufacturer 93% growth over 10 years. Avg salary is $53,300, up 18% over the past 10 years
#25 Light Truck Manufacturer 93% growth over 10 years. Avg salary is $78,800, down 5% over the past 10 years

This is compared to your average college graduate - fresh out - starter job of $51,800. It should be mentioned that those industries above, the average salary includes all educational levels, all seniority levels and experience levels. Those industries with high average pay are likely skewed by college graduate pay in those industries.

[Typical Lax Dad]

Man the US economy is just great for hardworking go getter without an education. Let's look at the fastest growing industries (by number of people employed) in the US where an average blue collar man/women can make a living.

#1 Breweries 211% growth over 10 years. Avg salary $45,000, down 38% over the past 10 years
#3 Mobile Food Services 198% growth over 10 years. Avg salary $19,000, up 20% over the past 10 years
#4 Caring for the Elderly and Disabled 190% growth over 10 years. Avg salary $18,700, down 1% over the past 10 years
#6 Nails Salons 164% growth over 10 years. Avg. salary is $20,300, up 37% over the past 10 years
#7 Under cover crop farmer 143% growth over 10 years. Avg salary is $33,600, up 25% over the past 10 years
#8 Dry pea and bean farming 135% growth over 10 years. Avg salary is $39,700 up 50% over the past 10 years
#10 Distilleries 120% growth over 10 years. Avg salary is $66,500 down 3% over the past 10 years
#11 Industrial sand mining 117% growth over 10 years. Avg salary is $73,400, up 37% over the past 10 years
#12 Barber Shops 114% growth over 10 years. Avg salary is $27,700, up 44% over the past 10 years
#13 Pet care / dog walker 114% growth over 10 years. Avg salary is $22,400, up 24% over the past 10 years
#14 Fishing 111% growth over 10 years. Avg salary is $91,800, up 127% over the past 10 years
#16 Camper/Trailer Manufacturer 107% growth over 10 years. Avg salary is $47,300, up 39% over the past 10 years
#18 Ambulatory Care Services 106% growth over 10 years. Avg salary is $60,900 (some schooling required), up 25% over the past 10 years
#19 Motor Home Manufacturing 106% growth over 10 years. Avg salary is $55,200, up 33% over the past 10 years
#20 Local Delivery Service (pizza, messenger, etc.) 100% growth over 10 years. Avg salary is $35,900, up 24% over the past 10 years
#22 Transit System Manufacturer 97% growth over 10 years. Avg salary is $56,300, up 44% over the past 10 years (There are only 684 of these jobs)
#23 Storage Battery Manufacturer 95% growth over 10 years. Avg salary is $63,900, up 21% over the past 10 years
#24 Motor Vehicle Trim Manufacturer 93% growth over 10 years. Avg salary is $53,300, up 18% over the past 10 years
#25 Light Truck Manufacturer 93% growth over 10 years. Avg salary is $78,800, down 5% over the past 10 years

This is compared to your average college graduate - fresh out - starter job of $51,800. It should be mentioned that those industries above, the average salary includes all educational levels, all seniority levels and experience levels. Those industries with high average pay are likely skewed by college graduate pay in those industries.

A college degree is a waste of time. It’s a scam.