Economy Alibaba announces tremendously bad news, yuuge job losses

https://m.huffpost.com/us/entry/us_5ba336c0e4b069d5f9cfda9a

Chinese tech giant Alibaba will no longer bring the 1 million jobs it had promised to the U.S. because the hostile trade environment created by President Donald Trump and his ongoing tariff conflict with China has made such a plan impossible, the company’s co-founder and chairman Jack Ma announced this week.

So how does Trump spin this in his favor? I remember his supporters heralding this as a yuge win.
We don't need it right now. The economy is strong.
 
TRUMP%20SLOWING%20JOB%20GROWTH.PNG




So, I know this is difficult for you, but you do understand that job growth is expected to slow down as unemployment reaches the current levels.


Again, basic economics. Check it out sometime...
 
So, I know this is difficult for you, but you do understand that job growth is expected to slow down as unemployment reaches the current levels.
You mean that low low 4.7% we got to under Obama? The 4.7% that only Clinton has beat in the past 25 years?

Thanks obama.

Again, basic economics. Check it out sometime...

You should take your own advice. But I suspect you'll keep crediting your daddy for the last guys work.
 
No, however by 14, his tax and regulation policies had taken their toll on the economy.

Btw, even his own advisers commented that the economy wasn’t good. Rewriting history doesn’t work when the numbers are so startling.


Trump wins election, the next day the economy skyrocketed.

Fact.

so obama has to wait 6 years to take credit for economic recovery, but Trump gets to claim all gains the day he takes office?

That doesnt seem right. shouldn't we wait 6 years to see how his tax and regulation policies take their toll on the economy?

Or will we just measure in whatever way makes trump look best?
 
Stock market is open to the public. More people need to participate and invest more if the numbers are to change.

That's like telling someone who plays the penny slots to go to the whale poker table at this point.
 
And how much has the Dow gone up?


How many corporations announced investments in America?


<209Bitch>

The DOW hasn't gone up more than it did in the previous 8 years.

The DOW recovered under Obama and hit never before seen highs during his term.. and it hasn't gone down yet.
 
That's like telling someone who plays the penny slots to go to the whale poker table at this point.
Participate. Don't participate. Participation is open to the public. If people chose not to participate, who's at fault for that?
 
Must be nice to inherit a good economy then take all credit for yourself, giving zero credit to what your predecessor did before.

Not everyone can be blessed with the greatest economy ever in 2008 like Obama had. Lulz
 
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so obama has to wait 6 years to take credit for economic recovery, but Trump gets to claim all gains the day he takes office?

That doesnt seem right. shouldn't we wait 6 years to see how his tax and regulation policies take their toll on the economy?

Or will we just measure in whatever way makes trump look best?


<TrumpWrong1>


Obama did an okay job (economically), but just that. OK.

B-
 
The DOW hasn't gone up more than it did in the previous 8 years.

The DOW recovered under Obama and hit never before seen highs during his term.. and it hasn't gone down yet.

8498 nov 14 2008, the closest I could find to Election Day


17888 nov 4 2016


26655 today



Trump emasculating Obama, bigly.
 
Did you have as brain aneurism?


The chart you just posted clearly shows the Dow was flat from July of 2014.

Magically, Trump was elected, and the next day the economy took off like a rocket.


Hmmm...

Are you still trying to hide the fact that we entered a world-wide economic boom, after a lengthy recession, at the end of 2016? It's not like anyone with at least a rudimentary grasp of international economy doesn't know that.
 
https://m.huffpost.com/us/entry/us_5ba336c0e4b069d5f9cfda9a

Chinese tech giant Alibaba will no longer bring the 1 million jobs it had promised to the U.S. because the hostile trade environment created by President Donald Trump and his ongoing tariff conflict with China has made such a plan impossible, the company’s co-founder and chairman Jack Ma announced this week.

So how does Trump spin this in his favor? I remember his supporters heralding this as a yuge win.
Who cares Alibaba is a rip off regardless. I started using them for my home business then wisened up and went straight to the manufacturers in China.
 
Are you still trying to hide the fact that we entered a world-wide economic boom, after a lengthy recession, at the end of 2016? It's not like anyone with at least a rudimentary grasp of international economy doesn't know that.


Nobody is hiding anything. Trump took office at a great time.


Thankfully the market had faith in him, and he took actions that put the timing to good use.
 
so obama has to wait 6 years to take credit for economic recovery, but Trump gets to claim all gains the day he takes office?

That doesnt seem right. shouldn't we wait 6 years to see how his tax and regulation policies take their toll on the economy?

Or will we just measure in whatever way makes trump look best?
Thats called economic confidence. Nobody except you vegans had confidence in Hussein the Messiah.
 
Nobody is hiding anything. Trump took office at a great time.


Thankfully the market had faith in him, and he took actions that put the timing to good use.

Your sarcastic comment about the how the economy magically took off when Trump was elected can't really be interpreted as anything but you trying to say that he is the reason for it. If you weren't trying to hide the effect of going from a recession into an economic boom you would have mentioned it in a comparison as there's no way to make any sort of remotely legit comparison without mentioning that.

As an outsider that doesn't give a shit about US partisan politics the US had a more impressive run before Trump became president as the economy was good and unemployment was at a steady decline despite the recession. Being in top shape in a big economic boom isn't particularly hard, even the European countries that suffered the most from the migrant crisis are soaring.

That's not saying that Trump hasn't done anything that's helped. Lowering the corporate tax was of course in no way to help workers, as some economic illiterates here tried to argue, but primarily to increase profits for the companies and that of course helps the stock market so those of us that can afford to invest earn more.
 
Lol at what party dropped it to 6k Bobby? We did great for 8 years and you hate dems and obama so much you created a reality in your head where we didn't recover from the worst economic crisis ever until Trump magically took over. Even when numbers are right in front of your face you pretend otherwise.

Sad.

The housing crisis was created by Clinton!! THATS what fucked the economy Mr hindsight bias.
 
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