Oops,,,,,,Just saw this year has been the wettest in the US evah.....no GW here!!!!!
displayed as job seekers wait in line at a job fair in Los Angeles, California. The numbers: Private-sector employers hired just 27,000 people in May, payroll processor ADP said Wednesday. That badly missed the forecast of 175,000 jobs from economists surveyed by Econoday.
What happened: Small business slashed 52,000 jobs in May, ADP said. Medium-sized firms added 11,000, and large companies added 68,000.
Goods-producing industries shed 43,000 jobs, mostly concentrated in a 36,000 loss for construction; while the service sector added 71,000.
“The economy’s weakening,” ADP architect Mark Zandi said on CNBC this morning. “This number overstates the case,” he added. It’s important to note Zandi used the exact same words last month in describing an upside surprise.
“Growth is slowing, and it’s slowing very sharply," Zandi added. “Business capex is dead in the water.”
The 12 months ending in April 2019 were the wettest year-long period in U.S. records going back to 1895, according to the monthly U.S. climate summary issued Wednesday by the NOAA National Centers for Environmental Information. Averaged across the contiguous U.S., the total of 36.20” made the period from May 2018 to April 2019 the first year-long span ever to top 36”. The old record for any 12-month period was 35.78”, from April 2015 to March 2016.
Given the fierce drought-related impacts of the 2010s—including multiple deadly wildfire disasters from Tennessee to California—it may seem a bit counterintuitive that the nation has actually been getting wetter overall. Across the contiguous U.S., average yearly precipitation has risen by about 2” over the past century, from around 29” to just over 31” (see Figure 1). For the entire nation, including Alaska and Hawaii, precipitation increased by about 4% in the period from 1901 to 2015, according to the U.S. National Assessment.
More water water everywhere....but nothing to see here....
By Ian Livingston June 6 at 3:52 PM Lake Erie and Lake Superior broke records for average water levels in May, as did Lake St. Clair on Detroit’s eastern edge, according to the U.S. Army Corps of Engineers. In May, Lake Erie also reached its highest level on record for any month.
Record- or near-record-high water levels are forecast to continue in the summer before making the usual downturn into fall.
The effects of these high waters have been wide-reaching. Recreational beaches have shrunk, and water has inundated docks and destroyed roads.
Damage to lakeshore property was reported again this week along Lake Ontario in Upstate New York in the town of Henderson.
“There’s houses surrounded by water, water going into houses and lake water in the roads,” Eric Anderson, an operations coordinator for the Henderson Fire District, told the Watertown Daily Times. “Carp are feeding in people’s front lawns.”
More brilliant retribution of Obama's legacy......wa post headline...
U.S. ECONOMY Automakers Say Trump Pollution Rules Could Mean Instability and Lower Profits
A group of leading automakers told President Trump his plans to weaken pollution standards would hurt the industry. Mr. Trump’s new rule would all but eliminate one of President Barack Obama’s signature policies to fight climate change. 12m ago725 comments
The auto maker story posted leaves out an important part of the story. California. It's the liberal state being diametricly opposed to the regulatory easing that has the companies concerned. They want a compromise between the federal government and state.
Laura Davison ,Bloomberg•June 7, 2019 Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans
Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans (Bloomberg) -- President Donald Trump’s trade wars have already wiped out all but $100 of the average American household’s windfall from Trump’s 2017 tax law. And that’s just the beginning.
That last $100 in tax-cut gains could soon completely disappear -- and then some -- because of additional tariffs Trump has announced. If the president makes good on his threats to impose levies on virtually all imports from China and Mexico, those middle-earning households could pay nearly $4,000 more.
Subtract the tax cut, and the average household will effectively be paying about $3,000 more in taxes through additional levies on the products they consume.
“It’s giving with one hand and taking with the other,” said Kim Clausing, an economics professor at Reed College in Portland, Oregon, who has written a book promoting free trade.
Here’s how the math works. Middle earners got an average tax cut of $930, according to the Urban-Brookings Tax Policy Center. The tariffs already in effect cost the average household about $831, according to research from the New York Federal Reserve.
China Goods
Add in the additional tariffs on another $300 billion in Chinese goods that Trump proposed in May and that increases the cost for the average family of four to about $2,294 annually, according to research from Tariffs Hurt the Heartland, a coalition of business groups that oppose tariffs.
Nothing fake about trump fucking things up again.....why even mention Ca....they are just a liberal bunch of loons who do not support trump or his denial of GW!!!!!
Because CA would keep the old obama levels while the rest of the country changed
Seems that would be the only smart thing to do......while you just swallow.....BTW.....the reality remains trump is fucking things up again.....so sad....
I am not sure of the logic behind it, unless the auto manufacturers were planning on making two sets of product. One that conforms to national standards, and then another that conforms just to California. They want the rest of the country to "negotiate" with California?
But if it is seriously cheaper for them to continue to produce cars under the old Obama rules, there is nothing to stop them from doing so. Not like Trump created a new regulation that "forces" them to build cars with higher levels of emissions.
He is literally doing nothing more than providing more flexibility to these automakers. I suspect that the issues is more to do with politics than actual bottom line. If I sat on the board of one of these car companies, I would ax anyone who suggested looser restrictions and more choices was a problem to the bottom line. For no other reason than it's a stupid argument.
13 comments:
Oops,,,,,,Just saw this year has been the wettest in the US evah.....no GW here!!!!!
displayed as job seekers wait in line at a job fair in Los Angeles, California.
The numbers: Private-sector employers hired just 27,000 people in May, payroll processor ADP said Wednesday. That badly missed the forecast of 175,000 jobs from economists surveyed by Econoday.
What happened: Small business slashed 52,000 jobs in May, ADP said. Medium-sized firms added 11,000, and large companies added 68,000.
Goods-producing industries shed 43,000 jobs, mostly concentrated in a 36,000 loss for construction; while the service sector added 71,000.
“The economy’s weakening,” ADP architect Mark Zandi said on CNBC this morning. “This number overstates the case,” he added. It’s important to note Zandi used the exact same words last month in describing an upside surprise.
“Growth is slowing, and it’s slowing very sharply," Zandi added. “Business capex is dead in the water.”
Here's how you post facts goat fucker....unlie your fake april 1 post of wet farmland on june 1......dumbass
https://www.wunderground.com/cat6/Wettest-12-Months-US-History
The 12 months ending in April 2019 were the wettest year-long period in U.S. records going back to 1895, according to the monthly U.S. climate summary issued Wednesday by the NOAA National Centers for Environmental Information. Averaged across the contiguous U.S., the total of 36.20” made the period from May 2018 to April 2019 the first year-long span ever to top 36”. The old record for any 12-month period was 35.78”, from April 2015 to March 2016.
Given the fierce drought-related impacts of the 2010s—including multiple deadly wildfire disasters from Tennessee to California—it may seem a bit counterintuitive that the nation has actually been getting wetter overall. Across the contiguous U.S., average yearly precipitation has risen by about 2” over the past century, from around 29” to just over 31” (see Figure 1). For the entire nation, including Alaska and Hawaii, precipitation increased by about 4% in the period from 1901 to 2015, according to the U.S. National Assessment.
More water water everywhere....but nothing to see here....
By Ian Livingston June 6 at 3:52 PM
Lake Erie and Lake Superior broke records for average water levels in May, as did Lake St. Clair on Detroit’s eastern edge, according to the U.S. Army Corps of Engineers. In May, Lake Erie also reached its highest level on record for any month.
Record- or near-record-high water levels are forecast to continue in the summer before making the usual downturn into fall.
The effects of these high waters have been wide-reaching. Recreational beaches have shrunk, and water has inundated docks and destroyed roads.
Damage to lakeshore property was reported again this week along Lake Ontario in Upstate New York in the town of Henderson.
“There’s houses surrounded by water, water going into houses and lake water in the roads,” Eric Anderson, an operations coordinator for the Henderson Fire District, told the Watertown Daily Times. “Carp are feeding in people’s front lawns.”
More brilliant retribution of Obama's legacy......wa post headline...
U.S. ECONOMY
Automakers Say Trump Pollution Rules Could Mean Instability and Lower Profits
A group of leading automakers told President Trump his plans to weaken pollution standards would hurt the industry.
Mr. Trump’s new rule would all but eliminate one of President Barack Obama’s signature policies to fight climate change.
12m ago725 comments
Making america stupid again!!!!!!!
Sorry....NY Times headline.....
The auto maker story posted leaves out an important part of the story. California. It's the liberal state being diametricly opposed to the regulatory easing that has the companies concerned. They want a compromise between the federal government and state.
Fake news posted yet again.
More good news for trump slurpers....
Laura Davison
,Bloomberg•June 7, 2019
Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans
Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans
(Bloomberg) -- President Donald Trump’s trade wars have already wiped out all but $100 of the average American household’s windfall from Trump’s 2017 tax law. And that’s just the beginning.
That last $100 in tax-cut gains could soon completely disappear -- and then some -- because of additional tariffs Trump has announced. If the president makes good on his threats to impose levies on virtually all imports from China and Mexico, those middle-earning households could pay nearly $4,000 more.
Subtract the tax cut, and the average household will effectively be paying about $3,000 more in taxes through additional levies on the products they consume.
“It’s giving with one hand and taking with the other,” said Kim Clausing, an economics professor at Reed College in Portland, Oregon, who has written a book promoting free trade.
Here’s how the math works. Middle earners got an average tax cut of $930, according to the Urban-Brookings Tax Policy Center. The tariffs already in effect cost the average household about $831, according to research from the New York Federal Reserve.
China Goods
Add in the additional tariffs on another $300 billion in Chinese goods that Trump proposed in May and that increases the cost for the average family of four to about $2,294 annually, according to research from Tariffs Hurt the Heartland, a coalition of business groups that oppose tariffs.
Fake news posted yet again.
Nothing fake about trump fucking things up again.....why even mention Ca....they are just a liberal bunch of loons who do not support trump or his denial of GW!!!!!
Jobs down unexpectedly in May....estimate 180k actual 75k!!!! Rate cuts may be coming....which will make donnie happy!!!
Big revisions last 2 months......down!!!
Because CA would keep the old obama levels while the rest of the country changed. That's why.
Because CA would keep the old obama levels while the rest of the country changed
Seems that would be the only smart thing to do......while you just swallow.....BTW.....the reality remains trump is fucking things up again.....so sad....
I am not sure of the logic behind it, unless the auto manufacturers were planning on making two sets of product. One that conforms to national standards, and then another that conforms just to California. They want the rest of the country to "negotiate" with California?
But if it is seriously cheaper for them to continue to produce cars under the old Obama rules, there is nothing to stop them from doing so. Not like Trump created a new regulation that "forces" them to build cars with higher levels of emissions.
He is literally doing nothing more than providing more flexibility to these automakers. I suspect that the issues is more to do with politics than actual bottom line. If I sat on the board of one of these car companies, I would ax anyone who suggested looser restrictions and more choices was a problem to the bottom line. For no other reason than it's a stupid argument.
Post a Comment