Essential Economics for Politicians

Hüsker Dü said:
I thought you had a point to make, wrong again, I guess I need to quit waiting for you to act like a responsible adult . . . what's it been over 8 years now and still no sign of whether you will ever back one of your statements.
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QUACK!!!!! QUACK QUACK QUACK.........
 
The Remarkable Fall in China’s Suicide Rate
Leaving rural conditions for factory work in the cities has led to a plummeting suicide rate, especially for women.


by Chelsea Follett
https://fee.org/articles/the-remarkable-fall-in-china-s-suicide-rate/

n recent decades, China’s suicide rate has declined more rapidly than any other country’s. It has fallen from among the world’s highest rates in the 1990s, to among the lowest—below the US and only slightly higher than the UK.

Rural women are responsible for the lion’s share of the decline. Unlike in most countries, Chinese women have a higher suicide rate than Chinese men. In rural areas, women may be two to five times more likely to kill themselves than in cities.

What changed? In short, globalization and labor market opportunities. The Economist published a graph showing how the dramatic decline in suicide coincided with more Chinese leaving rural areas to seek urban employment. They used data from Tsinghua University. I have updated the graph with more recent data below.

the-remarkable-fall-in-chineese-suicide.png
 
Stocks jump as US and China announce progress in trade talks
By MARLEY JAY
Published May 21, 2018 Markets Associated Press

Stocks are rising Monday after the U.S. and China appeared to make major progress in trade talks. The Chinese government says it will buy more U.S. goods, including energy and agricultural products, and Treasury Secretary Steven Mnuchin says the U.S. postponed tariffs on up to $150 billion in goods from China. Industrial companies and banks are making some of the biggest gains and technology stocks are also climbing.
 
Lion Eyes said:
Stocks jump as US and China announce progress in trade talks
By MARLEY JAY
Published May 21, 2018 Markets Associated Press

Stocks are rising Monday after the U.S. and China appeared to make major progress in trade talks. The Chinese government says it will buy more U.S. goods, including energy and agricultural products, and Treasury Secretary Steven Mnuchin says the U.S. postponed tariffs on up to $150 billion in goods from China. Industrial companies and banks are making some of the biggest gains and technology stocks are also climbing.
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th


MILLER: TRUMP SURPASSING ALL EXPECTATIONS...
 
Bruddah IZ said:
The Remarkable Fall in China’s Suicide Rate
Leaving rural conditions for factory work in the cities has led to a plummeting suicide rate, especially for women.


by Chelsea Follett
https://fee.org/articles/the-remarkable-fall-in-china-s-suicide-rate/

n recent decades, China’s suicide rate has declined more rapidly than any other country’s. It has fallen from among the world’s highest rates in the 1990s, to among the lowest—below the US and only slightly higher than the UK.

Rural women are responsible for the lion’s share of the decline. Unlike in most countries, Chinese women have a higher suicide rate than Chinese men. In rural areas, women may be two to five times more likely to kill themselves than in cities.

What changed? In short, globalization and labor market opportunities. The Economist published a graph showing how the dramatic decline in suicide coincided with more Chinese leaving rural areas to seek urban employment. They used data from Tsinghua University. I have updated the graph with more recent data below.

the-remarkable-fall-in-chineese-suicide.png
Click to expand...
In 2016, there were 44,965 recorded suicides, up from 42,773 in 2014, according to the CDC's National Center for Health Statistics (NCHS). On average, adjusted for age, the annual U.S. suicide rate increased 24% between 1999 and 2014, from 10.5 to 13.0 suicides per 100,000 people, the highest raterecorded in 28 years.

https://www.vox.com/science-and-hea...ddle-class-dying-faster-explained-case-deaton
 
Hüsker Dü said:
In 2016, there were 44,965 recorded suicides, up from 42,773 in 2014, according to the CDC's National Center for Health Statistics (NCHS). On average, adjusted for age, the annual U.S. suicide rate increased 24% between 1999 and 2014, from 10.5 to 13.0 suicides per 100,000 people, the highest raterecorded in 28 years.

https://www.vox.com/science-and-hea...ddle-class-dying-faster-explained-case-deaton
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Interesting.
2016....
Have rates declined since Obama left office?


:cool:
 
The stock market under Trump vs. Obama
4XUUIN7IFY7KXEH7BGTPESEPUA.png

Stock prices rose about three times as much under Obama during this period as they did under Trump. And that’s despite the fact that Trump oversaw enormous corporate tax cuts, which more or less automatically boost stock prices. (Stock prices are a claim on the after-tax profits of a firm; by definition, then, lower taxes should increase the after-tax profits of a firm even if that firm does literally nothing to expand or become more competitive.)

https://www.washingtonpost.com/news...-under-trump-vs-obama/?utm_term=.800e391975cb
 
Booter said:
The stock market under Trump vs. Obama
4XUUIN7IFY7KXEH7BGTPESEPUA.png

Stock prices rose about three times as much under Obama during this period as they did under Trump. And that’s despite the fact that Trump oversaw enormous corporate tax cuts, which more or less automatically boost stock prices. (Stock prices are a claim on the after-tax profits of a firm; by definition, then, lower taxes should increase the after-tax profits of a firm even if that firm does literally nothing to expand or become more competitive.)

https://www.washingtonpost.com/news...-under-trump-vs-obama/?utm_term=.800e391975cb
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More Fake News From Booty.
 
Booter said:
The stock market under Trump vs. Obama
4XUUIN7IFY7KXEH7BGTPESEPUA.png

Stock prices rose about three times as much under Obama during this period as they did under Trump. And that’s despite the fact that Trump oversaw enormous corporate tax cuts, which more or less automatically boost stock prices. (Stock prices are a claim on the after-tax profits of a firm; by definition, then, lower taxes should increase the after-tax profits of a firm even if that firm does literally nothing to expand or become more competitive.)

https://www.washingtonpost.com/news...-under-trump-vs-obama/?utm_term=.800e391975cb
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Itʻs the QE stupid.
 
Harley-Davidson took its tax cut, closed a factory, and rewarded shareholders

Harley-Davidson is one of a string of companies to announce major share buybacks since the tax bill was passed in December. Apple in early May said it would buy back $100 billion of its shares. The tech conglomerate Cisco in February said it would put an additional $25 billion toward a stock buyback. Troubled megabank Wells Fargo in January announced about $22 billion in buybacks. Pepsi announced a $15 billion buyback, Amgen and AbbVie $10 billion, and Google’s parent company Alphabet $8.6 billion.

Harley-Davidson isn’t the only company to shutter a US plant since the tax cuts were passed in December. The same day Kansas City workers found out their plant was closing, about 900 workers at an Electrolux plant in St. Cloud, Minnesota, found out the facility they were working in would be shutting down too. The Swedish home appliance company will consolidate its freezer production in South Carolina, where Joe Baratta, a representative for International Association of Machinists (IAM) Local 623, told me starting wages are lower.

He described a recent trip to Home Depot. “I see products that we were building here last year that say ‘Made in China’ with the Frigidaire name on it, they’re already in stores,” he said. “It’s a tough pill to swallow to go into every store in town looking at a product and saying, ‘There’s 150 jobs we lost. There’s another 200 jobs we lost.’”

http://www.msn.com/en-us/money/comp...d-rewarded-shareholders/ar-AAxD6bK?ocid=ientp

TRUMP IS A LOSER.
 
Booter said:
Harley-Davidson took its tax cut, closed a factory, and rewarded shareholders

Harley-Davidson is one of a string of companies to announce major share buybacks since the tax bill was passed in December. Apple in early May said it would buy back $100 billion of its shares. The tech conglomerate Cisco in February said it would put an additional $25 billion toward a stock buyback. Troubled megabank Wells Fargo in January announced about $22 billion in buybacks. Pepsi announced a $15 billion buyback, Amgen and AbbVie $10 billion, and Google’s parent company Alphabet $8.6 billion.

Harley-Davidson isn’t the only company to shutter a US plant since the tax cuts were passed in December. The same day Kansas City workers found out their plant was closing, about 900 workers at an Electrolux plant in St. Cloud, Minnesota, found out the facility they were working in would be shutting down too. The Swedish home appliance company will consolidate its freezer production in South Carolina, where Joe Baratta, a representative for International Association of Machinists (IAM) Local 623, told me starting wages are lower.

He described a recent trip to Home Depot. “I see products that we were building here last year that say ‘Made in China’ with the Frigidaire name on it, they’re already in stores,” he said. “It’s a tough pill to swallow to go into every store in town looking at a product and saying, ‘There’s 150 jobs we lost. There’s another 200 jobs we lost.’”

http://www.msn.com/en-us/money/comp...d-rewarded-shareholders/ar-AAxD6bK?ocid=ientp

TRUMP IS A LOSER.
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Booter said:
You can make a good return in the stock market regardless of quantitative easing or recessions if you're patient and thoughtful. I sure did.
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Your portfolio contain Harley stocks? Apple? Cisco? Wells Fargo? Pepsi? Amgen? Be patient.
 
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