Morning Joe economic analyst Steve Rattner discusses the May jobs report and says the biggest reason for the positive news centers around the massive stimulus implemented by Washington. Aired on 06/08/2020.
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Rattner: Stimulus Impacted May Jobs Report | Morning Joe | MSNBC
In just a nutshell – Mr. FAKE “very stable genius” MUST leave!!!
I don’t think that Trump realizes that a Genius is rarely stable in the head, geniality comes with issues making it hard to be around some people, (ignorant people).
Dave Schultz is just a liberal troll on social security 🤥
@William H What about Linsey Graham and Hannity?
OK and then what genius citizen??? Jolly good Joe Biden??? Lmfao
@Jim P necessary evils on payroll for media to.keep the same construct and division of red and blue intact. Isnt that what drives our Union year after year?
The stock market is up because the Federal Reserve is buying corporate bonds. That has removed risk.
Oh wait, I forgot. Isnt it up because of Obama..lol😀
A major factor is that investors know that viable companies took large hits. As the country opens the companies will show solid growth over the next 3 quarters. It’s easy money for investors.
@SPZ Aruba Retail will not come back in the same way but it was a mess pre-pandemic.
@Karen Byrd I know you are right. And I will go one step further and think that anything that was on the brink pre COVID just will not make it back. Not without a major restructuring at least.
The whole world is scared of American Military, therefore America can never be free from Racism and They are the reason for violence worldwide.
They exist just for violence.
How can you not know why the stock market is soaring? FED FED FED FED FED FED
We still have 38 million out of work. That stimulus did nothing
@David Goldman you can’t can you because you are a liar. 😅🤣
@David Goldman What is your age and where do you reside liar? 🤔
@TeeTauntYen you disrespectful little punk, I am 64, state of Georgia
@TeeTauntYen bill Steve Brian Cathy Jill William and a couple of others
@David Goldman LMAOOOOO.
If this study is even remotely attached to this cult then the numbers are false.
There are still people in those positions that haven’t been corrupt yet. That’s why he keeps getting angry. Whenever they pop his illusion or give some pushback.
Before the pandemic people were dancing on the edge of a cliff when paying rent required three jobs for many. Speaking of new jobs in percentage aborts the reality people working can still be homeless. Every state budget is broke. That vulture’s shadow over us is a depression. W.J.
@Mainely o my now the bigot in you comes out! you are also a liar, never said demmys are evil just continue there failed polices which is kind of insane. never been to Idaho but heard it is quite nice! to be so young you have much hate, guess you are not one of those loving demmys!
If you’re in a blue zone that is common. In red and purple zones you can get a 2000 square ft, 3 bed, 2 bath, 2 car garage for $250K. Pick your politics and live with it.
@Mainely, from housing, education, health (mental and physical), the food industry, the pharmaceutical industry, jobs they are all in crisis and each of these storms taking place at the same time has created the perfect storm of a depression. Winter is coming to America. Stay safe. Strong. November.
The whole world is scared of American Military, therefore America can never be free from Racism and They are the reason for violence worldwide.
They exist just for violence.
@Prayagi Basnet, I would not debate your position and many, worldwide, believe what you believe but there are many good things about America, beautiful things, but its history has always been wet from blood.
The stimulus money is spent. Municipalities will start laying off employees and cutting services. The be republicultists want more tax cuts for the corporate class.
about time for some government cuts
It’s their ‘let them eat cake’ moment.
Most goverment offices around me are closed on friday for the rest of the year. Will they cut police spending?
@Some Person probably and crime will go up and the ones most impacted will be the low income people
@David Goldman so they need to buy alcohol for staff parties on taxpayer money? Theres numerous accounts of that. They need tanks? When charities are buying them better body armor instead of the department buying it? Come on man the police waste a ton of money on things they don’t need. Most sheriffs departments have the advanced gear cities only need occasionally, and that money would be way better spent on mental health or drug addiction prevention or rehab than on more military gear that the federal government doesn’t need any more. Besides didn’t you argue that “a good guy with a gun is all that stops a bad guy with a gun”? You said you wanted shoot outs and the wild west and to open carry, so why are you now complaining? Also “probably” isn’t an argument, especially when you assumed I mean staff cuts and actually meant equipment cuts and oversight of departments on spending…
Get the BBQs out because tRUMP is ready to sizzle
It’s June. The sizzle is hot
, our memories are not.
The stock market is not the economy. But trump doesn’t understand that. Stock market is only doing well but once it starts to fail because of the economy trump has guaranteed that there is no where to go except down because he artificially inflated the economy with low interest rates when times were already good. Expect another great depression with no resources to lesson it and it will be blamed on the Democrat’s who will be left with the mess. Of course the wealthy will continue to make $$ just like they did in the 1920’s.
low interest rates were around way before trump most of your comment makes little sense other than you seem to have a huge ego for no apparent reason
COOKING those BOOKS! The Awesome smell of DESPERATION!
Most of those jobs are not ” new ” jobs being created. They are just people returning to their old positions.
@David Goldman Some are, yes. A whole will not for a while. And, Trump ignored the increase in black unemployment.
The whole world is scared of American Military, therefore America can never be free from Racism and They are the reason for violence worldwide.
They exist just for violence.
@Karen Byrd the increase in black unemployment? before the virus black unemployment was at all time low!!!!
@Karen Byrd how old are you
EXACTLY!!! Over 20 million people suddenly stop working then 3 months later 2.5 million go back to work. That’s only 15 percent, there’s still 17.5 million people that would like to go back to work. Not saying it’s not a good thing, which it is, but PLEASE don’t call it a victory.
THE MYSTERY IS .. A TRUMP LIE!!!
Rich feed the rich Save the dentists so rich people with jobs can go back to their normal lives, while the growing number of poor people rises and rises.
Trump does not care about people that have less money than him. His biggest enemies are other billionaires, if you had more money maybe Trump would care more about you but currently if you’re not wealthy and you don’t have a lobby organization to communicate with Trump does not care about you
Everyone needs to watch LAST WEEK TONIGHT with John Oliver (HBO). As usual, he knows what to do.
He’s really losing it. A one sided diatribe with no humor. Truly pathetic! He’s never sucked so badly before.
That might be the most awkward end to a segment I’ve ever seen.
Jim McKee 😂 😂 😂
It was sort of cute in a way
Bye … bye Steve
April Calhoun I keep replaying the ending… gets me every time 😂 Aww bye Steve
I don’t belief the job numbers.
Coocked by Trump lackeys.
You are doing the same thing republican drones do during a democratic presidency. Don’t be them.
And regardless, if it is correct it’s just some businesses reopening, and there are still 14% of people unemployed.That is insane.
The stimulus is the only reason it’s not higher, but just think how much better it would be if 80% of that money hadn’t gone to billionaires who didn’t need it.
ZCorp Alpha
Sorry, English is my weak spot just as math. latin, history, science, geography and so on.
@ZCorp Alpha wgaf spelling nazi
Writing isnt your strong subject.😵💫
SilortheBlade so well put! Thank You for sharing this!
The stock market is just a Casino for billionaires to build their fortunes while laying off people from their companies!
Exactly.
Doug Schaufele Hmmm I’m not a Billionaire yet I have made money in the stock market. Whaaaaaa? How?
The stock market is no longer an indication of an economy that benefits every citizen. Nor is a
‘jobs report’ that includes ‘jobs’ which do not pay a living wage!
Elect a government that gets actively involved in the marketplace not one that says’ leave it to private business to fix’.
Why? Because businesses are focused on profit , not people, and always act in the interests of their shareholders.
Governments are elected to act in the interests of the people and we can control who rules us by voting them out.
We cannot control those to whom we give the power to exploit us
Everybody who pays state taxes is an indirect investor in the financial markets. Even if YOU don’t know how it works.
2:04 Joe said, “we didn’t want to bring that up.” No lets not talk about tax evasion. Especially when we’re talking about why the super rich have gotten richer during the economic collapse.
Another Wall St. oligarchy looting our Treasury period
The 1% benefit from the pandemic. The rest us just die.
it’s what they want..really