Deregulation and the ecomomy

Rog, most think that the amount of regulatory burden after 8 years of any single administration requires some correction, and with little doubt, clearing some of that regulation has helped fuel the "Trump bump". The bump has also been helped by a worldwide economic bull market. Big increases in the market have slowed but we are in a good place economically.

Now I want to dispel some of what you said. This graph below is from the Bureau of Labor Statistics (BLS) and is the number of manufacturing jobs in the US over time. Note the steady, near linear, increase in manufacturing jobs in the US since the beginning of the economic recovery in 2010. There has been no flood of new manufacturing jobs in the US under Trump. To say there have is BS. A steady increase, yes, but no spike. We have had a decrease in unemployment and are now at statistically full employment. Honestly, looking at the BLS data, other than a sharp uptick in the number of mining jobs, there really doesn't seem to be any spikes in any employment class. Government jobs are on the decline as tax revenues shrink.

NLS report: https://www.bls.gov/web/empsit/ceshighlights.pdf







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I didn't assert anything. I simply quoted Investors Business Daily.

RE the global bull market.....how much of that can be attributed to the US bull market? Rhetorical question as there really is no way of knowing and you ask 10 experts you will get 10 different answers.

Of course the US bull market helps drive the world wide bull market, we are the largest economy and influence everything. However, we have been in a sustained bull market since 2010 but much of the world economies were slower to emerge from the recession and so we see the dramatic uptick in the FTSE, Dax, HS indices not until 2016. Now we are all kinda feeding off each other and the economy, worldwide, is doing quite well.

You should take the hour out and watch that movie that Tony posted on youtube. That guy had a great handle on the macroeconomics and politics of the US in the world. I think some things he left out (such as the role that Israel takes in shaping US policy and actions) but overall a great presentation and a lot to think about.

This is the link, very worthwhile IMHO

https://www.youtube.com/watch?v=MIdUSqsz0Io