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2018-04-30 9:16 AM

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Subject: Dems bleeding Millennials
https://www.reuters.com/article/us-usa-election-millennials/democrat...

"The online survey of more than 16,000 registered voters ages 18 to 34 shows their support for Democrats over Republicans for Congress slipped by about 9 percentage points over the past two years, to 46 percent overall. And they increasingly say the Republican Party is a better steward of the economy."

Sounds like the "Blue Wave" is people leaving the democrat party. ;-)

My thinking is it is all about the economy. If people are able to find a good job when they could not find one before, that is a huge impact on their life.


2018-04-30 9:21 AM
in reply to: Rogillio

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Subject: RE: Dems bleeding Millennials

Originally posted by Rogillio https://www.reuters.com/article/us-usa-election-millennials/democrat... "The online survey of more than 16,000 registered voters ages 18 to 34 shows their support for Democrats over Republicans for Congress slipped by about 9 percentage points over the past two years, to 46 percent overall. And they increasingly say the Republican Party is a better steward of the economy." Sounds like the "Blue Wave" is people leaving the democrat party. ;-) My thinking is it is all about the economy. If people are able to find a good job when they could not find one before, that is a huge impact on their life.

Conservatism is the new counter culture and many of the younger kids are being drawn towards it.  I know this stuff is all cyclical, but there's a reason the DNC is trying so hard to get millions of illegal aliens onto the voting roles and it has nothing to do with compassion.

There's been a steady up-tick of African American support towards the GOP as well.

Obviously the Republicans are a very long ways away from getting majorities with younger and minority voters, but even a change of a few percentage points overall can have dramatic effects within the electorate.

2018-04-30 12:29 PM
in reply to: tuwood

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Subject: RE: Dems bleeding Millennials
Really, neither party can lay a rock-solid claim to millennials, this from a WaPo artice:

"Most male millennials (57 percent) and most white millennials (61 percent) believe neither party cares for them."

Also this: https://www.theatlantic.com/politics/archive/2016/02/the-liberal-mil...
2018-04-30 12:40 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy Really, neither party can lay a rock-solid claim to millennials, this from a WaPo artice: "Most male millennials (57 percent) and most white millennials (61 percent) believe neither party cares for them." Also this: https://www.theatlantic.com/politics/archive/2016/02/the-liberal-mil...

They got that right. LOL

2018-04-30 12:43 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy Really, neither party can lay a rock-solid claim to millennials, this from a WaPo artice: "Most male millennials (57 percent) and most white millennials (61 percent) believe neither party cares for them." Also this: https://www.theatlantic.com/politics/archive/2016/02/the-liberal-mil...

You kind of hit the nail on the head actually.  That was form early 2016 and quite frankly they were right.  They (generalizing of course) were in a crappy economy that the government screwed up and life was tough.  The R's and the D's were just pointing fingers blaming each other and that was politics in a nutshell.
Then comes the Trumpster who is making their life better, he is fighting to bring jobs back to America, he is fighting to grow the economy with better taxes.  For the first time in the millennials adult life there's somebody in office that appears to be wanting to help them or at least get out of the way.

I know what it's like to be a young buck in a  thriving and growing economy and I'm very thankful that my kids will be graduating into a similar growth oriented economy.  Oldest graduates next week and second one is a year behind.  Dam kid got a fat paying job straight out of school and there's companies already fighting over the second one.  The tide is turning.  Oh, and unfortunately for the Democratic Party they opposed 100% of the things that are now creating the growth.

2018-04-30 12:50 PM
in reply to: tuwood

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Subject: RE: Dems bleeding Millennials

Originally posted by tuwood

Originally posted by Oysterboy Really, neither party can lay a rock-solid claim to millennials, this from a WaPo artice: "Most male millennials (57 percent) and most white millennials (61 percent) believe neither party cares for them." Also this: https://www.theatlantic.com/politics/archive/2016/02/the-liberal-mil...

You kind of hit the nail on the head actually.  That was form early 2016 and quite frankly they were right.  They (generalizing of course) were in a crappy economy that the government screwed up and life was tough.  The R's and the D's were just pointing fingers blaming each other and that was politics in a nutshell.
Then comes the Trumpster who is making their life better, he is fighting to bring jobs back to America, he is fighting to grow the economy with better taxes.  For the first time in the millennials adult life there's somebody in office that appears to be wanting to help them or at least get out of the way.

I know what it's like to be a young buck in a  thriving and growing economy and I'm very thankful that my kids will be graduating into a similar growth oriented economy.  Oldest graduates next week and second one is a year behind.  Dam kid got a fat paying job straight out of school and there's companies already fighting over the second one.  The tide is turning.  Oh, and unfortunately for the Democratic Party they opposed 100% of the things that are now creating the growth.

Do you mean to tell me that the Democratic Party ideals and policies don't work?  I'm looking at cities ran almost exclusively by democrats.....like Chicago, St. Louis, Flint, Oakland, and on and on and on.....man, those places are virtual utopias for people living there.  LMAOOOOOOOO



2018-04-30 12:58 PM
in reply to: tuwood

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Subject: RE: Dems bleeding Millennials
Nealy all demographics have benefitted from what has been a greater than 8 year bull market in the USA, I will not deny that. However, I really don't see this manifesting as increased support to DJT among millennials:

http://www.newsweek.com/donald-trump-approval-rating-millennials-79...
https://www.nbcnews.com/politics/white-house/millennials-don-t-trump...
https://www.rollcall.com/news/politics/millennials-poll-trump-not-wi...
https://www.usnews.com/news/national-news/articles/2017-08-07/trump-...

While I will be the first one to tell you that the Dems have done little for them, much of the socially conservative agenda that the GOP holds so dearly to really turns these kids off. They are the least religious sector in our society:

http://www.pewresearch.org/fact-tank/2016/01/08/qa-why-millennials-...
http://www.pewforum.org/religious-landscape-study/generational-coho...
http://www.foxnews.com/opinion/2017/04/30/ten-reasons-millennials-a...
2018-04-30 1:04 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy Nealy all demographics have benefitted from what has been a greater than 8 year bull market in the USA, I will not deny that. However, I really don't see this manifesting as increased support to DJT among millennials: http://www.newsweek.com/donald-trump-approval-rating-millennials-79... https://www.nbcnews.com/politics/white-house/millennials-don-t-trump... https://www.rollcall.com/news/politics/millennials-poll-trump-not-wi... https://www.usnews.com/news/national-news/articles/2017-08-07/trump-... While I will be the first one to tell you that the Dems have done little for them, much of the socially conservative agenda that the GOP holds so dearly to really turns these kids off. They are the least religious sector in our society: http://www.pewresearch.org/fact-tank/2016/01/08/qa-why-millennials-... http://www.pewforum.org/religious-landscape-study/generational-coho... http://www.foxnews.com/opinion/2017/04/30/ten-reasons-millennials-a...

The stock market was pretty much the only thing that was a positive the past 8 years, but don't forget that the first 6 years of that was catching up to where it was prior to the crash.  Then we look at the trillions of dollars in debt that were used to prop the market up.  One can argue it was a worthy investment, but creating stock market growth through debt is never a good long term recipe for success.

As for increasing support, it's a slow process and I don't in any way expect him to all of a sudden get majority support from this demographic, but the key is a slow shift.  Even if it only ticks a few percentage points it can have drastic effects.

2018-04-30 1:10 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials
And I have no idea where the idea that under Trump this country has had some sort of renaissance of jobs and economic activity comes from. OK, stock market went up by 20% since 2017 (post-January correction percentage). But honestly, other than that we have the Obama economy under Trump. Steady growth but not huge. This graph is from the Bureau of Economic Analysis at the Commerce Dept, maybe I'm just bad at interpreting simple data, but I don't see any inflections on here since Trump took over.



(gdp1q18_adv_chart.png)



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2018-04-30 1:13 PM
in reply to: tuwood

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Subject: RE: Dems bleeding Millennials
Originally posted by tuwood

Originally posted by Oysterboy Nealy all demographics have benefitted from what has been a greater than 8 year bull market in the USA, I will not deny that. However, I really don't see this manifesting as increased support to DJT among millennials: http://www.newsweek.com/donald-trump-approval-rating-millennials-79... https://www.nbcnews.com/politics/white-house/millennials-don-t-trump... https://www.rollcall.com/news/politics/millennials-poll-trump-not-wi... https://www.usnews.com/news/national-news/articles/2017-08-07/trump-... While I will be the first one to tell you that the Dems have done little for them, much of the socially conservative agenda that the GOP holds so dearly to really turns these kids off. They are the least religious sector in our society: http://www.pewresearch.org/fact-tank/2016/01/08/qa-why-millennials-... http://www.pewforum.org/religious-landscape-study/generational-coho... http://www.foxnews.com/opinion/2017/04/30/ten-reasons-millennials-a...

The stock market was pretty much the only thing that was a positive the past 8 years, but don't forget that the first 6 years of that was catching up to where it was prior to the crash.  Then we look at the trillions of dollars in debt that were used to prop the market up.  One can argue it was a worthy investment, but creating stock market growth through debt is never a good long term recipe for success.

As for increasing support, it's a slow process and I don't in any way expect him to all of a sudden get majority support from this demographic, but the key is a slow shift.  Even if it only ticks a few percentage points it can have drastic effects.



A small percentage in California or Nebraska ain't gonna mean a hill of beans. It's all about where they are placed in the USA.
2018-04-30 1:13 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy And I have no idea where the idea that under Trump this country has had some sort of renaissance of jobs and economic activity comes from. OK, stock market went up by 20% since 2017 (post-January correction percentage). But honestly, other than that we have the Obama economy under Trump. Steady growth but not huge. This graph is from the Bureau of Economic Analysis at the Commerce Dept, maybe I'm just bad at interpreting simple data, but I don't see any inflections on here since Trump took over.

That graph doesn't measure ANYTHING except change from the preceding Q.  What a misleading piece of crap model THAT is.  Still....it's good to see stable numbers from Q to Q under Trump.



2018-04-30 1:15 PM
in reply to: Left Brain

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Subject: RE: Dems bleeding Millennials
Originally posted by Left Brain

Originally posted by tuwood

Originally posted by Oysterboy Really, neither party can lay a rock-solid claim to millennials, this from a WaPo artice: "Most male millennials (57 percent) and most white millennials (61 percent) believe neither party cares for them." Also this: https://www.theatlantic.com/politics/archive/2016/02/the-liberal-mil...

You kind of hit the nail on the head actually.  That was form early 2016 and quite frankly they were right.  They (generalizing of course) were in a crappy economy that the government screwed up and life was tough.  The R's and the D's were just pointing fingers blaming each other and that was politics in a nutshell.
Then comes the Trumpster who is making their life better, he is fighting to bring jobs back to America, he is fighting to grow the economy with better taxes.  For the first time in the millennials adult life there's somebody in office that appears to be wanting to help them or at least get out of the way.

I know what it's like to be a young buck in a  thriving and growing economy and I'm very thankful that my kids will be graduating into a similar growth oriented economy.  Oldest graduates next week and second one is a year behind.  Dam kid got a fat paying job straight out of school and there's companies already fighting over the second one.  The tide is turning.  Oh, and unfortunately for the Democratic Party they opposed 100% of the things that are now creating the growth.

Do you mean to tell me that the Democratic Party ideals and policies don't work?  I'm looking at cities ran almost exclusively by democrats.....like Chicago, St. Louis, Flint, Oakland, and on and on and on.....man, those places are virtual utopias for people living there.  LMAOOOOOOOO



Boston, NYC, Washington DC, San Francisco, Los Angles, Seattle, Portland Oregon. They might not be perfect but they are driving our economy.
2018-04-30 1:24 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy
Originally posted by Left Brain

Originally posted by tuwood

Originally posted by Oysterboy Really, neither party can lay a rock-solid claim to millennials, this from a WaPo artice: "Most male millennials (57 percent) and most white millennials (61 percent) believe neither party cares for them." Also this: https://www.theatlantic.com/politics/archive/2016/02/the-liberal-mil...

You kind of hit the nail on the head actually.  That was form early 2016 and quite frankly they were right.  They (generalizing of course) were in a crappy economy that the government screwed up and life was tough.  The R's and the D's were just pointing fingers blaming each other and that was politics in a nutshell.
Then comes the Trumpster who is making their life better, he is fighting to bring jobs back to America, he is fighting to grow the economy with better taxes.  For the first time in the millennials adult life there's somebody in office that appears to be wanting to help them or at least get out of the way.

I know what it's like to be a young buck in a  thriving and growing economy and I'm very thankful that my kids will be graduating into a similar growth oriented economy.  Oldest graduates next week and second one is a year behind.  Dam kid got a fat paying job straight out of school and there's companies already fighting over the second one.  The tide is turning.  Oh, and unfortunately for the Democratic Party they opposed 100% of the things that are now creating the growth.

Do you mean to tell me that the Democratic Party ideals and policies don't work?  I'm looking at cities ran almost exclusively by democrats.....like Chicago, St. Louis, Flint, Oakland, and on and on and on.....man, those places are virtual utopias for people living there.  LMAOOOOOOOO

Boston, NYC, Washington DC, San Francisco, Los Angles, Seattle, Portland Oregon. They might not be perfect but they are driving our economy.

I know firsthand about San Fran, Seattle, ans LA......and THAT'S a load of crap.  Those regions, especially LA and Seattle, may be helping to drive the economy, but it's sure as hell not from any policies within the City limits.  In fact, all of those cities are losing population because people can't afford to live there........which means crime and poverty will soon fill in the gaps, as it has in the Bay area for the last 10 years.

No.......our cities in this country are failing....and they are failing under democratic party "leadership".

 

2018-04-30 1:59 PM
in reply to: Left Brain

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Subject: RE: Dems bleeding Millennials
OK, maybe this graph better suits, but you will see that we have not had a dramatic uptick in US GDP growth since Trump took office. You may feel differently and you are welcome to feel anyway you wish, but the facts do not support that sentiment.




(united-states-gdp-growth.png)



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2018-04-30 2:00 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy And I have no idea where the idea that under Trump this country has had some sort of renaissance of jobs and economic activity comes from. OK, stock market went up by 20% since 2017 (post-January correction percentage). But honestly, other than that we have the Obama economy under Trump. Steady growth but not huge. This graph is from the Bureau of Economic Analysis at the Commerce Dept, maybe I'm just bad at interpreting simple data, but I don't see any inflections on here since Trump took over.

Trumps been in office a little over a year and his tax cuts didn't go into effect until January 1 of this year.  He drastically removed the regulatory barriers last year, but they all take time to kick in.  We've seen a steady uptick in GDP and down-tick in unemployment.  I saw something a week or two ago that we have record low unemployment in 17 states.
There have been hundreds, if not thousands of large companies that have committed to bringing their products back to America.  You also have foreign companies coming to the US to manufacture here.  These things don't just turn on within a week, they can take years to fully get going, but the optimism is everywhere (outside of the big cities).

One challenge for our millenials will be their readiness for the new job demands.  A PHD in gender studies with a minor in white people are racist won't translate well on a resume.  They will have to be educated to contribute more than their mandated $15/hr barista job.

2018-04-30 2:01 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy OK, maybe this graph better suits, but you will see that we have not had a dramatic uptick in US GDP growth since Trump took office. You may feel differently and you are welcome to feel anyway you wish, but the facts do not support that sentiment.

Can you please highlight on that graph when Trump took office?  lol

I know what you're saying and to an extend I agree with you based on the economic indicators.  The GDP growth will take time even if Trump does everything perfect (economically speaking).  We'll know a lot more by 2020 for sure.



2018-04-30 3:47 PM
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Subject: RE: Dems bleeding Millennials
Ha! Actually, yes, it doesn't have time points after when Trump took office, I'm having a hard time finding graphs that have that recent of numbers of GDP growth as they always have to revise recent GDP numbers. I'm not trying to be a wise@zz here, there just has not been an uptick in much of anything (other than the DJIA) since Trump took office, it is a solid linear extension of what happened during Obama's tenure. Remember, unemployment was 5% when Trump took office. With the lower unemployment will come a necessary raise in the interest rates to hedge inflation (we have already seen signs of that). This might have a damping effect, and my bet is that the recent dearth of of trade tariff talks comes from the business community telling him to cool it. But overall, the economy is doing well, that I will give you.

Edited by Oysterboy 2018-04-30 3:49 PM
2018-04-30 3:57 PM
in reply to: Left Brain

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Subject: RE: Dems bleeding Millennials
Originally posted by Left Brain

Originally posted by Oysterboy
Originally posted by Left Brain

Originally posted by tuwood

Originally posted by Oysterboy Really, neither party can lay a rock-solid claim to millennials, this from a WaPo artice: "Most male millennials (57 percent) and most white millennials (61 percent) believe neither party cares for them." Also this: https://www.theatlantic.com/politics/archive/2016/02/the-liberal-mil...

You kind of hit the nail on the head actually.  That was form early 2016 and quite frankly they were right.  They (generalizing of course) were in a crappy economy that the government screwed up and life was tough.  The R's and the D's were just pointing fingers blaming each other and that was politics in a nutshell.
Then comes the Trumpster who is making their life better, he is fighting to bring jobs back to America, he is fighting to grow the economy with better taxes.  For the first time in the millennials adult life there's somebody in office that appears to be wanting to help them or at least get out of the way.

I know what it's like to be a young buck in a  thriving and growing economy and I'm very thankful that my kids will be graduating into a similar growth oriented economy.  Oldest graduates next week and second one is a year behind.  Dam kid got a fat paying job straight out of school and there's companies already fighting over the second one.  The tide is turning.  Oh, and unfortunately for the Democratic Party they opposed 100% of the things that are now creating the growth.

Do you mean to tell me that the Democratic Party ideals and policies don't work?  I'm looking at cities ran almost exclusively by democrats.....like Chicago, St. Louis, Flint, Oakland, and on and on and on.....man, those places are virtual utopias for people living there.  LMAOOOOOOOO

Boston, NYC, Washington DC, San Francisco, Los Angles, Seattle, Portland Oregon. They might not be perfect but they are driving our economy.

I know firsthand about San Fran, Seattle, ans LA......and THAT'S a load of crap.  Those regions, especially LA and Seattle, may be helping to drive the economy, but it's sure as hell not from any policies within the City limits.  In fact, all of those cities are losing population because people can't afford to live there........which means crime and poverty will soon fill in the gaps, as it has in the Bay area for the last 10 years.

No.......our cities in this country are failing....and they are failing under democratic party "leadership".

 


High housing prices are a problem in these cities for sure, but I have a hard time believing what is driving this is because these cities are "failing". Rather, they are hubs of an innovative economy that is driving a thriving economy and thus housing is getting pummeled in supply/demand.



(median home prices.png)



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2018-04-30 4:09 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy
Originally posted by Left Brain

Originally posted by Oysterboy
Originally posted by Left Brain

Originally posted by tuwood

Originally posted by Oysterboy Really, neither party can lay a rock-solid claim to millennials, this from a WaPo artice: "Most male millennials (57 percent) and most white millennials (61 percent) believe neither party cares for them." Also this: https://www.theatlantic.com/politics/archive/2016/02/the-liberal-mil...

You kind of hit the nail on the head actually.  That was form early 2016 and quite frankly they were right.  They (generalizing of course) were in a crappy economy that the government screwed up and life was tough.  The R's and the D's were just pointing fingers blaming each other and that was politics in a nutshell.
Then comes the Trumpster who is making their life better, he is fighting to bring jobs back to America, he is fighting to grow the economy with better taxes.  For the first time in the millennials adult life there's somebody in office that appears to be wanting to help them or at least get out of the way.

I know what it's like to be a young buck in a  thriving and growing economy and I'm very thankful that my kids will be graduating into a similar growth oriented economy.  Oldest graduates next week and second one is a year behind.  Dam kid got a fat paying job straight out of school and there's companies already fighting over the second one.  The tide is turning.  Oh, and unfortunately for the Democratic Party they opposed 100% of the things that are now creating the growth.

Do you mean to tell me that the Democratic Party ideals and policies don't work?  I'm looking at cities ran almost exclusively by democrats.....like Chicago, St. Louis, Flint, Oakland, and on and on and on.....man, those places are virtual utopias for people living there.  LMAOOOOOOOO

Boston, NYC, Washington DC, San Francisco, Los Angles, Seattle, Portland Oregon. They might not be perfect but they are driving our economy.

I know firsthand about San Fran, Seattle, ans LA......and THAT'S a load of crap.  Those regions, especially LA and Seattle, may be helping to drive the economy, but it's sure as hell not from any policies within the City limits.  In fact, all of those cities are losing population because people can't afford to live there........which means crime and poverty will soon fill in the gaps, as it has in the Bay area for the last 10 years.

No.......our cities in this country are failing....and they are failing under democratic party "leadership".

 

High housing prices are a problem in these cities for sure, but I have a hard time believing what is driving this is because these cities are "failing". Rather, they are hubs of an innovative economy that is driving a thriving economy and thus housing is getting pummeled in supply/demand.

It's kind of an interesting thing if you really step back and look at all the moving pieces.  The higher the density of population the more reliant on "the system" everyone becomes.  The government has more and more power and control over everyone's lives because without it things fall apart pretty quickly.  When the subways go down in NYC it's a mess.
Same thing with food and other supplies, they have to come from elsewhere so these thriving cities come to a screeching halt if the interstate gets shut down from a storm.

We're all part of a great system where the big cities could not exist or thrive if it were not for middle America and the innovation and advances that come from the big cities benefit everyone as well.  I like to poke fun of the big city folks as well, but we all are part of the same team and we just do things differently. 
Here is something interesting to ponder.  If the big city goes away, can middle America still survive?  yes
If the rural farmer and working class stiffs go away can the city survive?  We know the answer is no.  It's like a version of hunger games where Panem is much greater than the masses, but without the masses Panem cannot stand on it's own because of a near complete lack of self reliance.

2018-05-01 9:53 AM
in reply to: tuwood

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Subject: RE: Dems bleeding Millennials
So, to sum it up here. We're fighting over who gets the millennials? Face palm.
2018-05-01 11:11 AM
in reply to: mdg2003

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Subject: RE: Dems bleeding Millennials

Originally posted by mdg2003 So, to sum it up here. We're fighting over who gets the millennials? Face palm.

lol, I'd say it's more about who is resonating with them and who is not.  The Democratic leadership (what there is of it) is really struggling to resonate with voters and their guaranteed demographics of the young and minorities are slipping.  a 10 point swing among millennials in just a few years is massive.



2018-05-01 2:31 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy Nealy all demographics have benefitted from what has been a greater than 8 year bull market in the USA

A bull market will not benefit kids leaving school.  The fact is that under Obama, the job market was never great (except in certain fields).  The Trump economy and Tax plan is fostering growth in the corporate market where they are open for hiring and expanding.  You can blame Obama's corporate problems on Obamacare costs, Stifling regulations and just the uncertainty of the economy.  

You can say a lot of bad things about Trump but you can't say he is not Pro Business.

2018-05-01 3:11 PM
in reply to: velocomp

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Subject: RE: Dems bleeding Millennials
I think a bull market is beneficial for most sectors of employment, more than a bear market for sure. Many of these kids are studying things in school that don't lend themselves to employment with a Bachelors or never really offered much in terms of employment. We did get to 5% unemployment under Obama, pretty good considering where we started.
2018-05-01 3:40 PM
in reply to: velocomp

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Subject: RE: Dems bleeding Millennials
Originally posted by velocomp

Originally posted by Oysterboy Nealy all demographics have benefitted from what has been a greater than 8 year bull market in the USA

A bull market will not benefit kids leaving school.  The fact is that under Obama, the job market was never great (except in certain fields).  The Trump economy and Tax plan is fostering growth in the corporate market where they are open for hiring and expanding.  You can blame Obama's corporate problems on Obamacare costs, Stifling regulations and just the uncertainty of the economy.  

You can say a lot of bad things about Trump but you can't say he is not Pro Business.



Yep, he is pro-business. Now can we pay some attention to the $1T deficit?
2018-05-01 3:41 PM
in reply to: Oysterboy

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Subject: RE: Dems bleeding Millennials

Originally posted by Oysterboy I think a bull market is beneficial for most sectors of employment, more than a bear market for sure. Many of these kids are studying things in school that don't lend themselves to employment with a Bachelors or never really offered much in terms of employment. We did get to 5% unemployment under Obama, pretty good considering where we started.

But did we get to 5% unemployment through growth in jobs or from people falling off the report because they were unemployed for so long.  There was also a monumental shift towards underemployment where college grads and middle aged adults filled up minimum wage type jobs and pushed the kids out of them.  They're "employed", but not in a way they should be.  Hence, the big push for higher minimum wage mandated by the government.  I can't get a real job so I need the government to make my entry level job pay a living wage...

Back on the GDP topic, here's a WSJ article from a few days ago talking about how Trumps policies are helping businesses and that they're not just dumping it towards stock buybacks and increased dividends.  I believe that was one of your concerns back when the tax cut was being proposed.
A Modest Trump Bump

 

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