Trump fires Labor Bareau Chief. Employment Numbers way down

[RV Heavy Hitter!]

• Tweet

He wants someone to cook numbers to cover for his disastrous economy. The economy created 73K jobs in July. Obama was averaging 300K monthly for 8 years; Biden was around 250 a month the whole 4 years.

[gout]

Economy is the king. Instead of the Yues decline slapping the evil oligarchy into more globalization and shared prosperity, it is seeking to destroy Kungfu productivity keeping the world running.

We wait for the GDP per capita for Yues  to decline below $40K!

[RV Heavy Hitter!]

It may decline for 2-3 years, but after Trump, it will boom again OBAMA-BIDEN style because millions of small-scale immigrants that ran America will come back full-time again from temporary shadows. Kung Fu cannot match US anytime soon. China's per capita cannot reach that $40K anytime soon. The US right now hovers around 85K and possibly 90+K after Trump leaves office.
The mighty USA is just something else economically no matter who is the President. The private economy and capital are on another level and will take 10 horrible presidents back-to-back to damage it. I thought Trump would kneecap it, but now it seems the resilience is pounding hard.  If you visit any US high school parking lot, you will see the types of cars that high schoolers drive. Most High schoolers work part-time and make $18 an hour, which in par with China Per capita! Kung Fu has at least 100 years to inch closer to yues

[gout]

Trump has deported only 150,000 and is nowhere near Obama record.

[Nefertiti]

US is okay except for the MASSIVE inequality. Too many billionaires. Countries with equivalent per capita like Germany, Qatar, etc are welfare states. But here Trump just pushed rednecks out of Medicaid and food stamps while give millionaires & billionaires big tax breaks. Literally a wealth transfer. That's the first problem.

Second is the economy has a very big component based purely on hegemony - wars, looting, - etc but especially the mighty dollar. The trend wordwide is to evade the dollar which augurs poorly for the American future.

China will get to $40k per capita. In fact my prediction is the AI & robotics economy will pick up productivity regardless of demographics. Socialism will ensure there is minimal inequality - which is really the best way to ensure stability than 'democracy' or elections abra cadabra.

Equality is best measured in wealth distribution. On this yardstick China beats the US 10-nil.

[RV Heavy Hitter!]

US is okay except for the MASSIVE inequality. Too many billionaires. Countries with equivalent per capita like Germany, Qatar, etc are welfare states. But here Trump just pushed rednecks out of Medicaid and food stamps while give millionaires & billionaires big tax breaks. Literally a wealth transfer. That's the first problem.

Second is the economy has a very big component based purely on hegemony - wars, looting, - etc but especially the mighty dollar. The trend wordwide is to evade the dollar which augurs poorly for the American future.

China will get to $40k per capita. In fact my prediction is the AI & robotics economy will pick up productivity regardless of demographics. Socialism will ensure there is minimal inequality - which is really the best way to ensure stability than 'democracy' or elections abra cadabra.

Equality is best measured in wealth distribution. On this yardstick China beats the US 10-nil.

Inequality is in every country. China has had difficulty addressing the 300-400 million chinese population leaving under $3 a day. Most Kenyans live better than those 300 million chinese! It is a tall order, especially with Trump tinkering with the global economy. China has tried to send millions of poor citizens to Africa and other countries.