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Pervis posted:I'd still bet Trump's job numbers will still be shittier than Obama's, even with Obama inheriting the mess of the GFC and having a general draw-down on government employees (both federal, state, and local) happening during his terms. I've probably said it before, but if we pass through 2017 recession free, I'll eat my hat. The OPEC announcement raised people's hopes a little, but I doubt we're going to see even a fraction of the business investment needed returning for $50 oil. Ultimately, I suspect a lot of the outlook going forwards is going to depend on U.S. economic policy: Trump might be able to win a few token victories at home, keeping a few thousand jobs from fleeing overseas, but asking companies en masse to not lower their expenses via job exporting at a time when profits are already gloomy is really sawing the branch you sit on.
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Dec 2, 2016 07:12
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| # ¿ May 20, 2024 06:05 |
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