Economy is Great: Do Not Believe Leftist Lies

The trade deficit keeps getting worse under Trump.

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The Daily Shot: China Retaliates

This is actually a sign of relative economic strength. Because America has a savings deficit, we need to finance it through the current account, i.e. trade. The only way you can finance a savings deficit is by running a trade deficit. That's macroeconomics 101.

And because our economy is doing relatively better than most other countries, the trade deficit is expanding.
Why in the world would you exclude petroleum?

Be careful with fake news:

U.S. trade deficit falls 7.6% in October to 16-month low on decline in Chinese imports.
 
  • Nonfarm payrolls surged by 266,000 in November, better than the 187,000 expected by economists polled by Dow Jones.
  • The unemployment rate ticked down to 3.5% from 3.6%, back to the 2019 low and matching the lowest jobless rate since 1969.
  • The end of the GM strike had a big effect, boosting employment in motor vehicles and parts by 41,300, part of an overall 54,000 gain in manufacturing.
  • Average hourly earnings rose by 3.1% from a year ago, slightly above the 3% expected by economists polled by Dow Jones.

Jobs growth soars in November as payrolls surge by 266,000
 


ME:
We all know why the Left is screaming "Nazi" and "Racist" every day, its because they cannot touch Trump on the economy. Greatest jobs numbers in 50 years for God's sake!! Here is a great article on Economic points to look at:

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created
.

Number 2 is coming up in my next post. Read them all: CLICK HERE

Hannity: Trump economy more prosperous than Canada
U.S. jobs reports outperforms economies of far left countries.

 
Is it about leftist. They will destroy the US as we know it.
The markets have performed better when there is a Republican-controlled congress. In prior days, before executive orders became the norm(Obama), Congress had a much larger impact on policy. Maybe Republicans keep the nuts from completely destroying the country. I would also like to point out that today's Democrats are far, far left of anything we have seen in the past.

Larry Kudlow: Trump has restructured and rebuilt the economy
National Economic Council Director Larry Kudlow discusses the November jobs report, economic growth and China trade.

 
Is it about leftist. They will destroy the US as we know it.
The markets have performed better when there is a Republican-controlled congress. In prior days, before executive orders became the norm(Obama), Congress had a much larger impact on policy. Maybe Republicans keep the nuts from completely destroying the country. I would also like to point out that today's Democrats are far, far left of anything we have seen in the past.

Larry Kudlow: Trump has restructured and rebuilt the economy
National Economic Council Director Larry Kudlow discusses the November jobs report, economic growth and China trade.



Remember a couple of months ago, all the Democrats here and their threads about the so-called coming recession? LOL. They were all LIARS. All Democrats are lying sacks of shit
 
Is it about leftist. They will destroy the US as we know it.
The markets have performed better when there is a Republican-controlled congress. In prior days, before executive orders became the norm(Obama), Congress had a much larger impact on policy. Maybe Republicans keep the nuts from completely destroying the country. I would also like to point out that today's Democrats are far, far left of anything we have seen in the past.

Larry Kudlow: Trump has restructured and rebuilt the economy
National Economic Council Director Larry Kudlow discusses the November jobs report, economic growth and China trade.



Remember a couple of months ago, all the Democrats here and their threads about the so-called coming recession? LOL. They were all LIARS. All Democrats are lying sacks of shit

Still waiting on our 3% growth rate.
 
APP-CNBC-News-TEARAWAY-120619.jpg
 

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