You say “ Well, they are not always way off”. Give me 1 single example, where they were not off! There is none!

What specifically do you want an example of.

OK, you could not give me 1 example of China cheating.

I did; you just didn’t like one I gave you. How about trademark infringement? Copyright issues? Ever been to China? :-) There’s a whole grading system on fake Rolex watches. :-)

How to bring jobs back from China

Chinese companies illegally steal over $200 billion worth of American business secrets — known as intellectual property — each year, according to a bipartisan commission report from 2013. The Chinese try to copy movies, electronics and software and churn them out at a cheaper rate.

Over 2 million jobs would return to America if China had laws to protect business secrets like the U.S. does, the report from the Commission on the Theft of American Intellectual Property concluded.

More ways China doesn’t play fair

China has made no secret of its intentions to dominate certain industries. For example, it has regularly been accused of “dumping” really cheap steel on world markets. China denies those claims, but U.S. and European steel makers say the intent is to drive them out of business.

The Chinese government has also heavily subsidized certain industries, something that is against the rules of the World Trade Organization, which China joined in 2001. A scathing report from the Information Technology and Innovation Foundation, a U.S. think tank, details how China’s government plans to pump $100 billion into the Chinese semiconductor industry and restrict U.S. imports. Foreign companies that play by the rules can’t compete with that kind of government intervention.

But regarding China as “currency manipulator”: It is not true, the overwhelming majority of economists and institutes say.

And who on earth says the US is not currency cheating?

Well, the data. :-)

You say “ Those profits were not due to revenue growth”, but due to the administration. Ha, tell that Apple. Or Google. Or Exxon.

With nearly all S&P 500 companies having reported results for the third quarter, revenues for those in the index fell 3.7 per cent year on year, marking the third consecutive decline, according to FactSet. Revenue, or top-line growth, has been elusive against the backdrop of a US economy experiencing a generally lacklustre recovery in recent years. Companies have turned to cost cuts, resulting in record margins, as well as share repurchases to boost bottom lines and please stock investors.

Yes, there is no wage growth. Very sad! First step would be better minimum wages. Exactly the thing Trump and companions are reducing!

Pfft. Raise minimums or not, that doesn’t solve the problem. There is very little organic wage growth. People are paying for it with their standards of living.

Regarding health care / ACA, you say “ The penalties were insufficient to keep healthy people in the system until they needed it.” But Trump/Ryan are reducing the penalties further now…

Actually, they’re changing the penalty structure. But you’re right, it’s probably not the fix that’s required.

Maybe Ocare is not ideal/perfect, but the Reps are destroying healthcare now.

If it is not radically changed, Ocare dies on its own in 24–36 months. No insurer will want in. The only logical move on the part of the GOP is to look for a massive restructuring. They need more work, yes.

So you think a “Law School Dean” knows anything about creating jobs?

You think Tom Perez did? :-) He’s a civil rights lawyer. :-)

Unemployment rates are not estimates taken by polling. They are exact statistical numbers.

Well, you’re wrong, but that’s getting to be expected.

Because unemployment insurance records relate only to people who have applied for such benefits, and since it is impractical to count every unemployed person each month, the government conducts a monthly survey called the Current Population Survey (CPS) to measure the extent of unemployment in the country. The CPS has been conducted in the United States every month since 1940, when it began as a Work Projects Administration program. In 1942, the U.S. Census Bureau took over responsibility for the CPS.

Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.