Amid Too Much Good MAGAnomic Data, Bloomberg Cancels the Recession…

Last week U.S. economic data included the Labor Department’s report on initial filings for unemployment benefits, at historically low levels. Also last week, the Commerce Department reported the U.S. housing market (new homes and permits) was the strongest since 2007. Then came the Philadelphia Fed’s index of manufacturing business activity in September, more than doubling estimates as factories continue to expand.  And if that wasn’t too much winning, the Commerce Department then announced August retail sales growth was double expectations.  Main Street USA is very strong.

None of the economic data supports the almost month-long ‘recession narrative’ pushed by financial pundits and media narrative engineers; and next week the second estimate of Q2 GDP growth will be released. Attempting to retain the smallest remaining whiff of credibility, the Bloomberg economists now announce they’re cancelling the recession.

Yes, in a piece titled “Hold That Recession – U.S. Indicators are Trouncing Forecasts“, Bloomberg admits the economy doesn’t match their gloomy narrative:

(Bloomberg) — The U.S. economy is outperforming expectations by the most this year, offering a fresh rebuttal to last month’s resurgent recession fears fueled by the trade war and a manufacturing slump.

The Bloomberg Economic Surprise Index has reached an 11-month high after four indicators released Thursday, including existing home sales and jobless claims, each surpassed expectations.

The gauge continued to advance after swinging to positive from negative on Tuesday for the first time this year. The data also pushed a similar measure produced by Citigroup Inc. to the highest level since April 2018.

“It says things are getting better,” said Jim Paulsen, chief investment strategist at Leuthold Group in Minneapolis “There’s a definitive change in the growth profile and there’s an acceleration in growth. It’s interesting how pessimistic the attitudes still are among investors, yet when you look at surprise indexes, you would think people would feel better about growth. There’s a disconnect.” (read more)

Yes, there is indeed a “disconnect”.  We’ve been talking about it on these pages for almost ten years.  When you focus on the America-First economic agenda, Main Street thrives.  However, the outcomes for Wall Street are no longer attached to the success of Main Street USA.

And when you apply MAGAnomic policy, well, the Era of De-Globalization is here.

There is nothing that China and the EU can do to stop the de-globalization process; and efforts to stimulate their economy, more quantitative easing (pumping money) while the global supply chains are being shifted, are futile.

The more a nations’ economy is dependent on exports, the more exposure they have to the inherent downsides of de-globalization. U.S. companies that are invested in these nations will lose their investment over time; some rapidly. This will keep the stock market volatile, yet the Main Street USA economy is thriving.

Allianz Group chief economic advisor, Mohamed El-Erian, accurately describes what is happening in an era where deglobalization is taking place. The U.S. economy is strong; however, the multinationals on Wall Street -invested overseas- are exposed. Thus there’s a disconnect and accompanying market volatility.

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This entry was posted in Big Government, Big Stupid Government, China, Donald Trump, Economy, Election 2020, energy, European Union, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA, USMCA. Bookmark the permalink.

137 Responses to Amid Too Much Good MAGAnomic Data, Bloomberg Cancels the Recession…

  1. MaryfromMarin says:

    What if they gave a recession and nobody came?

    Liked by 29 people

  2. Mike says:

    Interesting when a plan comes together.

    Beginning of the end of US Citizens being used as a global ATM machine.

    One man DID make a difference and he’s working to save our republic.

    Liked by 27 people

  3. curley727 says:

    Even the “Economic Experts” crying recession have lost credibility like the fake news talking heads. Educated idiots who couldn’t run a hot dog stand.

    Liked by 16 people

  4. nerveman says:

    I have my 401Ks, my IRAs and some emergency gold and silver. They are all doing just fine. 2 years ago at 59 years old my family sold our Mcdonalds franchises. We were compelled to sell all 3 of them by corporate. I needed a career change. I have voluminous skills so I started a Home Remodeling business. I have so much work I can’t keep up. Something is very very right with this economy.

    Liked by 28 people

    • Your forced sale portends the same outcome of Globalists’ Investments in China.

      Liked by 4 people

    • OSP says:

      nerveman, Floor & Decor (approx 100 stores in over 20 states) is a client of the Hazwaste disposal firm I work with. Making a service call on their Bham, AL store yesterday, I asked the Mgr “How is business?” He shook his head and replied “It’s off the chain – new construction and remodeling.”

      I’ve serviced this store quarterly for about a year, yesterday the waste removed (ceramic tile cutting-sludge) was double what I was taking out just 6 mos ago, which seems to bear out his answer.

      Liked by 11 people

    • Dennis Leonard says:

      If you have time,why?
      ” We were compelled to sell all 3 of them by corporate”

      Liked by 1 person

      • nerveman says:

        Vision 2020 instituted by Mcdonalds required major reinvestment. All 3 locations were paid off. At our age it didn’t make sense to reinvest in a program that nets no new sales. The entire Vision 2020 program is building out on the backs of the small businessman. Many small franchisees invested and then had to sell from debt. We said no. Since the programs tag line was “Divestiture and Attrition” you can see where that is going. The day of the small operator is over. Now you must have 15 20 25 30 locations to cash flow and have pritability.

        Liked by 3 people

  5. scrap1ron says:

    Give the mandarins a break. They’re just reading the script written for them by their globalist overlords.

    Liked by 1 person

  6. bruzedorange says:

    So I’m wondering about Australia. Are they at risk from de-globalization? As Sundance summarized, “The more a nations’ economy is dependent on exports, the more exposure they have to the inherent downsides of de-globalization.”

    But at the state dinner, Australia’s Prime Minister Morrison noted:
    “I mean, Australia has never got rich selling things to itself. And we’ve always had an outward looking perspective when it comes to engaging our economic opportunities.”

    Or was he only talking about raw materials, rather than manufactured goods?
    (My economic education continues, thanks to CTH and its knowledgeable posters…)

    Liked by 2 people

    • solomonpal says:

      Ever seen anything labeled” Made in Australia “ ?

      Liked by 2 people

    • nerveman says:

      Think rare earth metals. They are spinning up and have a 2 year head start. Trump is good for them.

      Liked by 6 people

    • Ghost says:

      Observations from a smaller limb.

      @ bruzedorange

      Australia’s export last I looked were:

      Iron ore: 20%
      Coal; 19%
      Gold: 12%
      Oil and gas 8.3%

      Exports were to:
      China: 35%
      Japan: 14%
      South Korea: 7.4%
      India: 6.1%

      If the production chain moves they can if acting smartly and move exports to them. At least with the new Australian Prime Minister working with PDJT they haven’t been left on the side lines like they were with the last one.

      They have a serious chance to be included in any Asian reorganization. That was not the chance before Morrison was elected.

      They should do well once the dust settles.

      😎

      Liked by 8 people

      • Bazza McKenzie says:

        Because of the way trade stats are compiled, most people overlook the large trade in education for foreign students (much larger per capita than US) and tourism. In 2018 stats were coal $67B, iron ore $63B, natural gas $43B, education $35B, other tourism $22B.

        Unfortunately tourism and education of foreign students is now heavily weighted to the same countries (China, India, Japan, and other Asian) to which Australia principally sends its mineral exports. So Australia is highly exposed to a crash of Asian economies and particularly China.

        Liked by 2 people

      • WSB says:

        I have a few friends danunda who provide a lot of services to China, The way of architecture and development.

        I believe they would be affected if the business for their clients dried up. Either in China or Chinese clients attempting to do business elsewhere.

        Like

    • ristvan says:

      Australia is uniquely a very natural resource rich but otherwise relatively barren continent.

      So they sell high quality steam coal, iron ore, black sands (titanium ore comprising ilmenite and rutile sands), LNG, and such (rare earths part of the present visit). Plus excellent wines and opals. A unique economy. Huge geography, relatively small population. And as we saw yesterday, a true long term US ally.

      My unfortunately too few business visits to Aus were all magical.
      Was hosted to a Australian Rules Football national championship game in Melbourne. Those guys are crazy. Playing almost NFL rules at almost NFL speed, but with rugby like (meaning almost no) pad/ helmet protection.

      Liked by 7 people

    • relieveddeplorable says:

      I have a brother that has lived in Perth for 10 years. He’s the safety manager on a road construction site. They’ve had steady to robust work, albeit contract to contract.. non stop for that period of time. His current contract ends in December and there is no whiff of anything else forthcoming. He and his wife are moving back to the states. Anecdotal, yes, but he also says the average money people have after paying their bills each week is around $11 due to their housing bubble. He thinks Australia will go through a housing burst that will make ours 10 years ago seem tame.

      Liked by 4 people

    • bertdilbert says:

      Australia is heavy into the mineral business. A global recession will hurt mineral prices. We are going to have that giant sucking sound going in our favor.

      Liked by 1 person

  7. Schmitty says:

    My models still point to a Oct 2021 bottom for markets (similar in nature to Feb 2016 & Dec 26 2018)

    Like

    • Nom de Blog says:

      Two election years and 9 months into Trump’s second term? I’ll roll with it.

      Liked by 1 person

    • Models have ZERO capability to incorporate shifting Economic Drivers:
      • MAGAnomics
      • Bilateral Trade Deals
      • De-Globalization
      • Re-Shoring
      • Anti-Trust Break-ups/Competition
      • Federal Government Downsizing
      • Tax Cuts 2.0
      • Re-Regulation to Accelerate Competitive Growth

      They require Experience-over-Time as New Drivers take hold and Economies Respond
      • Growth Cauldron Effects of interactions among all of the above.
      • Multi-Year Cycles of National Monetary & Fiscal Policy Responses.
      • Model-Building Cause-Effect Analyses within & between National Economies over time.

      Good luck with those Obama-Era Models.

      Liked by 14 people

      • They further cannot “Predict” Revolutionary Sector Shifts
        • USA Energy Dominance
        • USA Manufacturing Renaissance
        • USA Health Solutions Dominance
        … Vaccines, Pharmaceuticals, Cancer, Heart Disease, Alzheimer’s
        • Automation-AI-Robotics
        • Cyber-Secure Cloud-Enabled Commercial/Personal Interoperability
        • Space Commercialization

        Liked by 8 people

    • Yy4u says:

      Have no expertise whatsoever in economics, but am curious Schmitty whether “models” can take jnto consideration a Donald Trump ir whether they are based on the status quo which has been operative for perhaps 100 years certainly sinc 1988 when H W Bush took an axe to Ronald Reagan’s economy, Not questioning, just asking

      Liked by 1 person

  8. albertus magnus says:

    And we LOVE IT!

    Thank you, President Trump!

    MAGA!

    Liked by 3 people

  9. Bucknutguy says:

    I live in central Ohio. It’s absolutely booming. Housing construction and demand through the roof, Private Capital flocking to small and mediums sized businesses to fund growth, Chase with like 300+ tech and operations job openings. Buckeyes laying 75 points on a fall Saturday. MAGA indeed

    Liked by 11 people

    • Ron Jaeger says:

      Got a buddy here in North Calif. from Zanesville. He said they fired back up a steel mill that had been closed for 20 years. Lots of new good jobs. His family is trucking lots of coal from Penn. back to plants in Ohio . 15 rigs running which is the most he has had on the road in 12 years. Booming in the rust belt which triggers iron ore mines up in Minn.
      MAGA starting with the rust belt.

      Like

  10. Merkin Muffley says:

    Believe me, in the coming months, the media will create a recession where there is none. They will report daily on the hardship and suffering of a totally non-existent recession. They did this in 1992 and they will do it again.

    Like

  11. dogsmaw says:

    Here in SWLA we are experiencing such a boost to our economy, there is just not enough housing to take care of all the people coming into the area. In fact, the growth of our little town is way too much for me and I’m considering a move to different location. Recession Indeed 😛

    Liked by 6 people

  12. Dee Paul Deje says:

    Liked by 8 people

  13. Gaius Gracchus says:

    The choice was between telling the truth or giving up on credibility. Bloomberg needs a least a little credibility to keep its readership and subscribers.

    Liked by 4 people

  14. Bugsdaddy says:

    The so called “Financial Experts” are more interested in blabbing about politics than studying the actual financial strengths and weakness of individual companies.
    I have followed El-Arian for years and he has been one who studies the facts, not what he wishes were true. He has not always been correct, but has been more often than not.
    Best financial advice I ever heard was to stick to what you know, if it sounds too good to be true it probably is, and Buy American.

    Liked by 4 people

  15. Gunner says:

    OK, progressive/socialists — you tried russia, racism, recession. Whatcha got next? How ’bout reckless, repulsive, ruthless, rabid — oh, sorry, those are reserved for you.

    Liked by 2 people

    • Raptors2020 says:

      They’re counting on our President to over-react, like firing Mueller, and do something they can use. They’ve locked into their own pre-conception that Trump is unstable, perhaps because they remain hopeful they can use Trump’s mental state against him, for Impeachment or invoking the 25th.

      Liked by 1 person

  16. davidberetta says:

    The USA “media”, is 100% PROPAGANDA! 100%! Propaganda is NOT covered under the 1st Amendment of the US Constitution…..so why are Propagandist allowed to spread hate and propaganda worldwide?

    Liked by 6 people

    • mimbler says:

      I believe propaganda is indeed covered under the 1st amendment unless it runs afoul of slander or libel laws.

      I wouldn’t want the government deciding what was propaganda and what was legitimate. Look at what FB and Google are doing in that arena.

      Liked by 3 people

      • davidberetta says:

        Propaganda is NOT covered under the 1st Amendment of the US Constitution . Anybody who think it is then they can State-Their-Case immediately.

        Liked by 1 person

        • davidberetta says:

          LYING is NOT Constitutional. (if it was then WE would NOT have a Constitution). Honesty plays a MAJOR part in everything about the US Constitution!! LIARS are NOT US Constitutional! Fact! Most Politicians and ALL Democrats are in VIOLATION of the United States Constitution! It is What it Is Folks!….

          Liked by 1 person

        • mimbler says:

          Try stating yours first,

          Like

        • You guys/gals might want to try reading the 1st amendment before deciding what it does or does not say on your own. It says, “Congress shall make no law…abridging the freedom of speech,……..”
          The 1st amendment restricts ONLY Congress and their ability to abridge the freedom of speech, right?.
          Since the Constitution never gave Congress permission to “abridge” the freedom of speech, it’s not even an amendment! What does it “amend”?

          Any so-called “law” contrary to that (i.e. giving Congress authority to abridge the freedom of speech) is not a law at all per Hamilton in Fed. #33. To do that would, indeed, require an amendment.

          Liked by 1 person

          • WSB says:

            Can an Amendment be unconstitutional?

            Liked by 1 person

            • No, not if done strictly according to Art. V.
              Once an amendment is ratified by the States, it now becomes part of the Constitution. By design, it cannot be unconstitutional. That’s why it’s so important to understand the ramifications of amendments.

              For example, the mantra is (and has always been so), that the 19th amendment gave women the right to vote. It did no such thing.
              The Constitution never prohibited women from voting.

              By NOT including voter qualification in the Constitution, it left that power as a “reserved” power to the States or the People.

              The 19th amendment, however, now expanded the federal government’s powers to include voter qualifications among the federal government’s powers. Make sense?

              It’s the concept of enumerated powers that is typically not well understood by most of us today because it’s not taught in schools, colleges, or law schools, and has not been taught since Wilson’s time, so we have graduated a slew of lawyers and judges over the decades that do not understand the concepts as intended.

              Liked by 1 person

    • Perot Conservative says:

      Is POTUS required to have 2, 3, r serpent’s from the Propagandists?

      Is the Christian Science Monitor there?

      Invite college papers. Invite local papers. When they peddle dirt, shuffle the deck.

      Liked by 1 person

    • Stillwater says:

      I believe the Smith-Mundt Act (1948) was signed into law to prevent propaganda on US citizens. However, in 2012 Obama signed HR 4310 which includes a section that allows for propaganda within the US.

      Liked by 1 person

  17. Dave Mitchell says:

    Economists have predicted 5 out of the last 3 recessions. Weathermen and Tarot card readers have more credibility now…

    Liked by 3 people

  18. I find Mohammad easy to understand; I like how he presents things. Thanks for posting, SD.

    Liked by 4 people

  19. Mike in a Truck says:

    PDJT removed the main pillar that has always propped up Globalization- the transfer of wealth from Americans to: every friggen body else. Without the U.S. willingness to be gang raped by the rest of the world global this and that falls apart.

    Liked by 6 people

  20. Eric C. says:

    After Trump leaves office in 2024 and the economy continues to boom into 2026 and beyond, it’ll be dubbed the “Obama economy!”

    Liked by 1 person

  21. DAVE CRAIN says:

    I am willing to wager a small fortune that Neil Cavuto will NOT be reporting this news.
    Putz

    Liked by 4 people

  22. Perot Conservative says:

    Awesome!

    Maybe Sundance can explain the manufacturing mini-recession. Is this primarily a Boeing aircraft hangover?

    Like

    • A2 says:

      Actually there was a bump in aircraft sales in July, but if you extract that from the manufacturing data, there was a decline or slowdown in about half the manufacturing sector. Manufacturing accounts for about 12% of GDP, and other indices seem to be healthy and growing.

      It seems only logical that the slowdown is related to exports as the EU, China, and Asia generally, are slowing economically. Tariffs add a bit to this picture.

      Liked by 2 people

      • A2 says:

        Forgot to add that the goods news is that manufacturing firms faced with some negative data will diversify.

        Liked by 2 people

        • WSB says:

          A2…just an observation by my daily tasks.

          Many vendors I use to spec product had as many as 120 styles of one type of item or another. For example, a wall mirror.. 120 styles with stock for each type.

          In the last four weeks, 20 styles. I have ben shocked. It has affected my “GoTo” sources. I now start looking for other sources.

          High Point Market is being held next month. I believe many vendors are switching out their entire lines rather than just updating. Never seen anyrhing like it before.

          I expect some of the low inventory would be removing older less-selling units; however, I also believe many are indeed finding new sources outside China.

          Hopefully.

          Liked by 1 person

    • theod00 says:

      Look back a couple of weeks ago. I believe this was discussed, here on CTH, in terms of overseas orders dipping to reflect economic woes off shore. The change was not as drastic as “Mini-recession” or even ” major dip”.

      So, yes Boeing orders would also be part of the issue. You were on the right track.

      Like

  23. ezgoer says:

    So what is the best way to invest in the Main Street economy? Small caps?

    Liked by 1 person

    • A2 says:

      I have no idea, but the fact that small caps actually rose after the Iran attack on SA’s oil fields, whereas stocks did decline slightly. May only mean that investors took the event in stride.

      Like

  24. Perot Conservative says:

    Sundance may be wrong on thete being “nothing” the EU and China can do.

    1. They ate working the back and front door to elect a Democrat.

    2. They are working to stop USMCA. POTUS plan unclear. Cancel NAFTA?

    3. China investing heavily in Iran. Given what I’ve learned the past year, including likely hundreds of different Chinese front groups shipping illegal drugs into the US via our own postal carriers – I don’t doubt they would fund Iranian military moves via proxy organizations.

    Strategy?

    Pass USMCA.
    Finalize Japan deal.
    Ink Brexit UK trade deal.
    Liberal heads explode.
    Play Offense with California and Washington – EPA lawsuits, etc.

    Liked by 2 people

    • railer says:

      Trump has previously assigned ownership of the illegal drug shipments issue to China. He did it with a soft hand, and Xi apparently lied and agreed to do something about it, which he hasn’t. Now we see Trump attacking the postal issue, which would be related to these illegal shipments. Things move slow, but they can move, and Trump appears to be moving. It’d still be better if Xi accepted ownership of his assigned issue and dealt with it himself, but he can’t or won’t do so.

      The postal issue will raise business costs for goods imported to the US… for foreign shippers, not just China. It will make US-produced goods cheaper, while simultaneously helping deal with the illegal imports. Trump’s actions always seem to be part of a greater whole, and interlock and enable each other in an economic and national security sense. The neocon globalists are flummoxed by this strategy of soft power. They want both war and economic submission, as they can pocket their skim off both. Their world is being shattered by Trump’s actions, because he’s seeking the opposite of both. You can see their visceral reactions played out, as they strike out against Trump.

      Liked by 1 person

  25. Brian Colley says:

    Sundance, between you and George Webb i am getting so much information i can hardly keep up.Kudos for all your hard work.

    Liked by 3 people

  26. Interesting how the Libertarian economic crowd is in lockstep with the globalist economic establishment on Chicken Little pronouncements.

    Liked by 2 people

  27. evergreen says:

    I don’t track the above mentioned advisor or his company, but if I did, I would venture to guess that someone there clued in to Sundance around about the Trump election victory and has been profiting handsomely in a “contrarian” market.

    Like

  28. California Joe says:

    News media headlines forcasting doom and gloom economic activity are typically a self-fulfilling prophecy. They’ve killed the stock market and real estate market several times over the past thirty years and they tried to kill them again to keep President Trump from winning reelection in 2020 but it didn’t work. They tried really hard, too!

    Liked by 1 person

  29. permiejack says:

    The bump in the road is sovereign debt. Not ours but negative bonds in the EU, and Chinas is has to be maxed out will leave only the USA that is solid. Capital will flow here in droves, driving our currency to high levels. Our import prices will dive while our exports will suffer. Inflation will be nonexistent. All good for American consumers except those that manufacture for export.

    Liked by 1 person

  30. ADDgolfer says:

    3,2,1
    “Bloomberg carries water for the Right”
    says anyone on the left

    Liked by 1 person

    • Lester Smith says:

      Trump is ruining Obamas legacy. Obama mastered the goverment dependent society.
      1. Raise taxes on business
      2. Raise taxes on middle class
      3. Regulate the hell out of every thing.
      4. Business has to raise product pricing to try to keep up with increased taxes and cost of regulations.
      5. Business have to provide health care for full time employees so hours are cut which reduces individual income
      6.workers hours cut to avoid health insurance costs.
      7.businesd movers out of country due to all of the above.
      8. Massive amounts of people become enslaved to goverment assistance programs. Food stamps, welfare and so are on.
      9. Dems use enslavment to gain and retain power.
      10. Dems teach fear republicans they will take away goverment assistance programs.
      11. Dems promise to increase assistance amounts.
      12. People vote and keep dems in power.
      trump has country moving in correct direction
      1. Businesses returning, regulations cut.
      2. The Health care mandates removed.
      3 business operating costs are reduced.
      4. People become independent and start buying products again.
      5. Unemployment hits record lows.
      As you can see Trump has to go. He is a thorn in the lefts azz and surpress lefts power grab.
      The dems want their money and want it now.
      Obamas legacy really.

      Liked by 1 person

  31. TreeClimber says:

    That’s really funny to me, because a week or two ago I saw a headline in Firefox from Bloomberg saying “In some corners of America, the recession has already arrived.” Wonder what those corners think now that their recession has been cancelled.

    Liked by 2 people

  32. randal kingery says:

    This is a great artical, I suppose Market Watch and the other never Trumpers will need to hang on to their Gold for 5 more years.

    Liked by 1 person

  33. Ghost says:

    Observation from a smaller limb.

    Am I the only one who was seriously annoyed when the idiot interviewer cut El-Erian off from informing those viewing that the last Stats for personal savings were $1.27 trillion. That personal savings rate currently stands at 7.7% of disposable income?

    I just happen to think that is good news and should be shared.

    😎

    Liked by 1 person

  34. dufrst says:

    The US consumer (Main Street) is perhaps in the strongest position to prosper financially than they’ve ever been. Low taxes, low inflation, low interest rates and higher wages, owing to greater employment prospects.

    Trump the maestro, has created an economic environment that is budding right when trade deals are closing. First USMCA, KORUS, US-Japan (Abe) and US-UK after BREXIT (Boris hold strong!). After, the industrial economies are finalized, Trump will close on US-Brazil (Bolsanaro) and US-India (Modi).

    Last will be the major rival economic powers in EU and China. Both will either make a deal that benefits us or face economic peril from debilitating economic tariffs.

    On top of this, the trade tensions have forced the export driven economies to greatly lower their interest rates, moving them into negative territory. This has forced the Fed to lower interest rates and has also caused long term rates to crater as foreign capital floods the US market.

    This has now presented the US an unprecedented situation of having low rates in an expanding economy. It has also presented an golden opportunity to enact a major infrastructure program, as noted by El Erian, at historic low rates. Treasury is prepared to issue 50 to 100 yr bonds at these rates in order for Trump to rebuild our country. It will be the absolute icing on the cake when everything falls into place.

    Ironically, the resulting growth will actually improve the nation’s finances enabling sensible entitlement reforms and a balanced budget.

    The US is set to blossom like never before. Thanks to the temerity and instincts of the American people to elect a singularly great man as president. Donald J. Trump. MAGA!!

    Like

  35. dogsmaw says:

    Like

  36. graficgod says:

    recessWHAT? the company i work for has doubled the number of employees since 2016, adding 30% more in 2020. manufacturing WAAAAY up.

    Like

  37. DonL says:

    What will the left do next (other then to commit mass lemmingcide) since the people rejected their establishment hokumcrap and picked an outsider–their own guy? Now the same people have rejected the left’s attempt to talk the people into a recession in order to bring down Trump.

    Like

  38. David Williams says:

    The Breitbart writer doesn’t know how to use apostrophes.

    Like

  39. Oscar says:

    The recession has been canceled…..due to lack of market support.

    Like

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