Another huge PR win for Trump

[WVPATX]

8,000 jobs being created in the U.S. It doesn't matter how this happened. It matters because Trump is going to get some credit, even if only in the minds of the American worker. He is a master at influencing public opinion and knows how to get headlines. This is more about psychology than about these 8,000 jobs. It's more about public opinion than these jobs. It's more about perception.

Same is true with Boeing cutting Air Force One budget by 25%. Same with Lockheed Martin's cost cutting.

http://www.dailymail.co.uk/news/art...m-giant-Sprint-outsourced-roles-overseas.html

 

[moe]

8,000 jobs being created in the U.S. It doesn't matter how this happened. It matters because Trump is going to get some credit, even if only in the minds of the American worker. He is a master at influencing public opinion and knows how to get headlines. This is more about psychology than about these 8,000 jobs. It's more about public opinion than these jobs. It's more about perception.

Same is true with Boeing cutting Air Force One budget by 25%. Same with Lockheed Martin's cost cutting.

http://www.dailymail.co.uk/news/art...m-giant-Sprint-outsourced-roles-overseas.html

lol it's huge.

 

[Boomboom521]

8,000 jobs being created in the U.S. It doesn't matter how this happened. It matters because Trump is going to get some credit, even if only in the minds of the American worker. He is a master at influencing public opinion and knows how to get headlines. This is more about psychology than about these 8,000 jobs. It's more about public opinion than these jobs. It's more about perception.

Same is true with Boeing cutting Air Force One budget by 25%. Same with Lockheed Martin's cost cutting.

http://www.dailymail.co.uk/news/art...m-giant-Sprint-outsourced-roles-overseas.html

A lot of this can be the result of our economy returning to full strength after climbing (yes, slowly) out of the Great Recession.

 

[WVPATX]

A lot of this can be the result of our economy returning to full strength after climbing (yes, slowly) out of the Great Recession.

My point is that facts don't matter. What matters is that after Trump made his campaign about bringing jobs back to America, we are reading weekly stories of companies doing just that. Andy by the thousands. Even if Trump had zero to do with it, it is a publicity win for him.

 

[JMichael]

By your logic "which is silly" Trump is causing Sears to close.

 

[Boomboom521]

My point is that facts don't matter. What matters is that after Trump made his campaign about bringing jobs back to America, we are reading weekly stories of companies doing just that. Andy by the thousands. Even if Trump had zero to do with it, it is a publicity win for him.

True.

 

[Boomboom521]

By your logic "which is silly" Trump is causing Sears to close.

Also true

 

[WVPATX]

By your logic "which is silly" Trump is causing Sears to close.

I think you're missing my point. It is all about perceptions. If the American people perceive Trump is bringing jobs back to America, even if he has nothing to do with it, people will give him credit.

Sears was closing long ago and everyone knows that. More importantly, Trump is not going to tweet about Sears and the media won't blame Trump. But when jobs are created and the media covers the story, it will inevitably include Trump because he inserts himself into the story. He is a master of media manipulation as seen during the primary season.

 

[mneilmont]

I think you're missing my point. It is all about perceptions. If the American people perceive Trump is bringing jobs back to America, even if he has nothing to do with it, people will give him credit.

Sears was closing long ago and everyone knows that. More importantly, Trump is not going to tweet about Sears and the media won't blame Trump. But when jobs are created and the media covers the story, it will inevitably include Trump because he inserts himself into the story. He is a master of media manipulation as seen during the primary season.

Yes, you can perceive anything you want, but when those guys from Indiana gets on national TV and tells the world of their appreciation for their jobs during Christmas Season and years to come, probably has a little more impact on the perception of the country as they look at Trump.

 

[WVPATX]

Yes, you can perceive anything you want, but when those guys from Indiana gets on national TV and tells the world of their appreciation for their jobs during Christmas Season and years to come, probably has a little more impact on the perception of the country as they look at Trump.

Agreed. Trump will be front and center as each new company announces plans to return jobs to the U.S. Huge PR win. It's all about perceptions.

 

[WVMade]

 

[WVPATX]

Nice try. Take a look at U6 unemployment under Bush and Obama. Not even close. U6 sharply lower under Bush. Which means those people wanting work had more jobs under Bush than Obama. Which means those wanting full time work had more full time jobs under Bush than Obama.

http://www.macrotrends.net/1377/u6-unemployment-rate

 

[Boomboom521]

Nice try. Take a look at U6 unemployment under Bush and Obama. Not even close. U6 sharply lower under Bush. Which means those people wanting work had more jobs under Bush than Obama. Which means those wanting full time work had more full time jobs under Bush than Obama.

http://www.macrotrends.net/1377/u6-unemployment-rate

Geez, I think that chart actually shows a positive for Obama. Bush took over a solid economy, Obama took over a mess. How do you expect Obamas portion of that chart to look?

 

[dave]

Bush took over a solid economy.

That is a little bit of revisionist history. Not suggesting you are doing the revision but when Bush took over we had just entered a recession that was fueled by the Tech Bubble (NASDAQ crash in March 2000). Technically the recession lasted from March 2001 to November 2001 and at the heels of that recession we had 9/11 and that certainly had an economic impact that led to war for the next 15 years so suggesting that Bush took over a good economy is not really accurate. The growth during the Bush years was pretty solid until the real estate bubble crashed in 2007.

 

[Boomboom521]

That is a little bit of revisionist history. Not suggesting you are doing the revision but when Bush took over we had just entered a recession that was fueled by the Tech Bubble (NASDAQ crash in March 2000). Technically the recession lasted from March 2001 to November 2001 and at the heels of that recession we had 9/11 and that certainly had an economic impact that led to war for the next 15 years so suggesting that Bush took over a good economy is not really accurate. The growth during the Bush years was pretty solid until the real estate bubble crashed in 2007.

I'll give you that, but the recession in 2001 was somewhat cyclical. The Great Recession was much more substantial. But I do give Bush credit for keeping things from spiraling out of control....that is until the end of his 8.

 

[dave]

I'll give you that, but the recession in 2001 was somewhat cyclical. The Great Recession was much more substantial. But I do give Bush credit for keeping things from spiraling out of control....that is until the end of his 8.

I didn't mean to suggest that the 2001 recession was horrific, just that he walked into it and that was one of the things that they had to tackle early on. I remember getting the "refund" checks to stimulate the economy. The recession in 2007 was not all on him either. That bad boy had many fingers and a lot of those pointed to wall street.

 

[WVPATX]

Geez, I think that chart actually shows a positive for Obama. Bush took over a solid economy, Obama took over a mess. How do you expect Obamas portion of that chart to look?

Number 1, Bush inherited a recession from Clinton upon the dot.com bubble bursting. Do you know what happened 8 months after Bush got into office? 9/11. Devastating to our economy. Deepened the recession.

Memories are short.

 

[Boomboom521]

I didn't mean to suggest that the 2001 recession was horrific, just that he walked into it and that was one of the things that they had to tackle early on. I remember getting the "refund" checks to stimulate the economy. The recession in 2007 was not all on him either. That bad boy had many fingers and a lot of those pointed to wall street.

Well said

 

[Boomboom521]

Number 1, Bush inherited a recession from Clinton upon the dot.com bubble bursting. Do you know what happened 8 months after Bush got into office? 9/11. Devastating to our economy. Deepened the recession.

Memories are short.

I have the man credit, but I still wouldn't compare it to the Great Recession

 

[WVPATX]

I have the man credit, but I still wouldn't compare it to the Great Recession

No, it was not meant to be. But if a poster is going to tout jobs created, I simply pointed out that U6 unemployment was much better under Bush. The Great Recession ended in June 2009, 6 months after Obama entered office. The Fed took unprecedented steps to liquify the banks and stimulate the economy (zero interest rates and multiple quantitative easing programs) both of which may bite us big time in the *** in the not too distant future.

And even after 8 years of all this stimulus, U6 is still at 9.6%. Raising taxes, massive regulations, Obamacare and a stimulus that didn't stimulate are not the answers to a deep recession.

 

[Boomboom521]

No, it was not meant to be. But if a poster is going to tout jobs created, I simply pointed out that U6 unemployment was much better under Bush. The Great Recession ended in June 2009, 6 months after Obama entered office. The Fed took unprecedented steps to liquify the banks and stimulate the economy (zero interest rates and multiple quantitative easing programs) both of which may bite us big time in the *** in the not too distant future.

And even after 8 years of all this stimulus, U6 is still at 9.6%. Raising taxes, massive regulations, Obamacare and a stimulus that didn't stimulate are not the answers to a deep recession.

Agreed. But if you look at that chart, Obama is dropping the rate at seemingly the same pace as other presidents have, he just started at a much higher rate than most.

 

[WVPATX]

Agreed. But if you look at that chart, Obama is dropping the rate at seemingly the same pace as other presidents have, he just started at a much higher rate than most.

He is only now getting back now to U6 at the height of U6 under Bush. Even after all that stimulus from the Fed and all that time. That is why this election was "The economy stupid."