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The only wise economic moves would be those toward sustainability. Trying to simply continue as we have for too long is suicide.
At even 3% growth in G.D.P., the American economy would double in about twenty years. Is there a sane person who actually believes such a thing is possible?
'No amount of evidence will ever persuade an idiot.' Mark Twain.The only "point" you have, is the one on the top of your head. ..Thank you for proving my point.
Fake NewsI have been saying this for a long time. Many people know the truth. The 50% of American households who do not own stock are not benefiting from the soring stock market. While the unemployment rate is low, there are still a hell of a lot of people out of work. Many of those who are working have trouble making ends meet and must work several low wage jobs.
Yet, Trump is running on the economy and too many gullible fools, including some who have been left behind, still support him based on this-perhaps his biggest lie.
Nobel economist: Trump’s economy is an absolute disaster for people and the planet
It is becoming conventional wisdom that US President Donald Trump will be tough to beat in November, because, whatever reservations about him voters may have, he has been good for the American economy. Nothing could be further from the truth.
Neither GDP nor the Dow is a good measure of economic performance. Neither tells us what’s happening to ordinary citizens’ living standards or anything about sustainability.
Many households are struggling, and then there is the issue of the environment and our health:
Two years ago, a few rare corporate leaders were concerned about climate change, or upset at Trump’s misogyny and bigotry. Most, however, were celebrating the president’s tax cuts for billionaires and corporations and looking forward to his efforts to deregulate the economy. That would allow businesses to pollute the air more, get more Americans hooked on opioids, entice more children to eat their diabetes-inducing foods, and engage in the sort of financial shenanigans that brought on the 2008 crisis.
Who is willing to say the air and water polution, opiods and diabetes are good things! Get real peopleQ!
I have been saying this for a long time. Many people know the truth. The 50% of American households who do not own stock are not benefiting from the soring stock market. While the unemployment rate is low, there are still a hell of a lot of people out of work. Many of those who are working have trouble making ends meet and must work several low wage jobs.
Yet, Trump is running on the economy and too many gullible fools, including some who have been left behind, still support him based on this-perhaps his biggest lie.
Nobel economist: Trump’s economy is an absolute disaster for people and the planet
It is becoming conventional wisdom that US President Donald Trump will be tough to beat in November, because, whatever reservations about him voters may have, he has been good for the American economy. Nothing could be further from the truth.
Neither GDP nor the Dow is a good measure of economic performance. Neither tells us what’s happening to ordinary citizens’ living standards or anything about sustainability.
Many households are struggling, and then there is the issue of the environment and our health:
Two years ago, a few rare corporate leaders were concerned about climate change, or upset at Trump’s misogyny and bigotry. Most, however, were celebrating the president’s tax cuts for billionaires and corporations and looking forward to his efforts to deregulate the economy. That would allow businesses to pollute the air more, get more Americans hooked on opioids, entice more children to eat their diabetes-inducing foods, and engage in the sort of financial shenanigans that brought on the 2008 crisis.
Who is willing to say the air and water polution, opiods and diabetes are good things! Get real peopleQ!
Only an idiot would make this claim.Our beloved Trump is the best president we have had in decades.
He rules his country and people with great wisdom.
Only liars can deny this fact. ...
Horseshit! Show us the numbers. What is "doing well"?
Brainwashed???? You Trumpsters are so brainwashed it is scary.Only an idiot would make this claim.Our beloved Trump is the best president we have had in decades.
He rules his country and people with great wisdom.
Only liars can deny this fact. ...
Only a loser Demtard would say that. Pathetic brainwashed liberal scumbag.
Sent from my iPhone using Tapatalk
Brainwashed???? You Trumpsters are so brainwashed it is scary.Only an idiot would make this claim.Our beloved Trump is the best president we have had in decades.
He rules his country and people with great wisdom.
Only liars can deny this fact. ...
Only a loser Demtard would say that. Pathetic brainwashed liberal scumbag.
Sent from my iPhone using Tapatalk
1. Education is not power.
You don't need to hit yourself over the head if i hand you a hammer Correll
2. Turmp offered policies that were crafted to serve the perceived interests of his base,
No,
Trump offered up what his base wanted to hear , and delivered little to them
they only 'perceive' a 'win' because they're told to
Denying that is not reasonable of you.
actions / words
Trumps policy fruition VS Trump policy promise
then let's see who is in denial
~S~
Only an idiot would make this claim.Our beloved Trump is the best president we have had in decades.
He rules his country and people with great wisdom.
Only liars can deny this fact. ...
I have been saying this for a long time. Many people know the truth. The 50% of American households who do not own stock are not benefiting from the soring stock market. While the unemployment rate is low, there are still a hell of a lot of people out of work. Many of those who are working have trouble making ends meet and must work several low wage jobs.
Yet, Trump is running on the economy and too many gullible fools, including some who have been left behind, still support him based on this-perhaps his biggest lie.
Nobel economist: Trump’s economy is an absolute disaster for people and the planet
It is becoming conventional wisdom that US President Donald Trump will be tough to beat in November, because, whatever reservations about him voters may have, he has been good for the American economy. Nothing could be further from the truth.
Neither GDP nor the Dow is a good measure of economic performance. Neither tells us what’s happening to ordinary citizens’ living standards or anything about sustainability.
Many households are struggling, and then there is the issue of the environment and our health:
Two years ago, a few rare corporate leaders were concerned about climate change, or upset at Trump’s misogyny and bigotry. Most, however, were celebrating the president’s tax cuts for billionaires and corporations and looking forward to his efforts to deregulate the economy. That would allow businesses to pollute the air more, get more Americans hooked on opioids, entice more children to eat their diabetes-inducing foods, and engage in the sort of financial shenanigans that brought on the 2008 crisis.
Who is willing to say the air and water polution, opiods and diabetes are good things! Get real peopleQ!
National debt topped 23 Trillion1. Education is not power.
You don't need to hit yourself over the head if i hand you a hammer Correll
2. Turmp offered policies that were crafted to serve the perceived interests of his base,
No,
Trump offered up what his base wanted to hear , and delivered little to them
they only 'perceive' a 'win' because they're told to
Denying that is not reasonable of you.
actions / words
Trumps policy fruition VS Trump policy promise
then let's see who is in denial
~S~
"Trump offered up what his base wanted to hear , and delivered little to them"
Really?
You might want to retract that when you learn to read...
80. "Wages and salaries jump by 3.1%, highest level in a decade
- Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department.
- Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations." Wages and salaries jump by 3.1%, highest level in a decade
81. “Job growth surges by 312,000 in December” Job growth surges by 312,000 in December
82. "Unemployment hits 49-year low as US employers step up hiring"
Unemployment hits 49-year low as US employers step up hiring
"The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. "
Daily Presidential Tracking Poll - Rasmussen Reports®
83. "Record 157,288,000 Employed in July
(CNSNews.com) - The number of people employed in the United States hit a record 157,288,000 in July, according to the employment report released today by the Bureau of Labor Statistics.
That was up 283,000 from the 157,005,000 employed in June."
Record 157,288,000 Employed in July
84. “…Planned Parenthood announced that it would withdraw from Title X, a federal family planning program that helps poor women access birth control and other health services. As a result, the organization will lose about $60 million a year in federal funding. The decision was made in response to a new Trump administration rule which forbids Title X clinics from referring patients for abortions.” Planned Parenthood Just Lost $60M in Funding. What Does That Mean for Women?
85. “U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low”
Published: Oct 4, 2019 10:32 a.m. ET
U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low
86. “Record 158,510,000 Americans Employed in October; 23rd Record for Trump” Record 158,510,000 Americans Employed in October; 23rd Record for Trump
87. “Black Unemployment Rate Hits All Time Low”
Huge October Payrolls Beat: 128K Jobs Added As Black Unemployment Rate Hits All Time Low
88. “Dow jumps more than 200 points to 28,000, posts 4-week winning streak The Dow Jones Industrial Average rallied to record levels on Friday, reaching 28,000 for the first time ever…” Dow jumps more than 200 points to 28,000, posts 4-week winning streak
89. “Jobs growth soars in November as payrolls surge by 266,000
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.
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
90. “CNN Poll: US economy receives its best ranking in nearly 20 years
(CNN)As 2019 comes to a close, the US economy earns its highest ratings in almost two decades, potentially boosting President Donald Trump in matchups against the Democrats vying to face him in next year's election, according to a new CNN poll conducted by SSRS.’” US economy receives its best ranking in nearly 20 years, CNN poll finds - CNNPolitics
91." Appointing conservative judges is the one objective that unites the Republican Party. It is one of the few things the Senate can do without the House.
And it is something that immediately impacts public policy because, during times of divided government, many political fights end up being resolved judicially.
Trump may not have the “best people” representing him or running his White House, but he’s picking them to be judges. Indeed, “based solely on objective legal credentials,” left-leaning Vox’s Ian Millhiser says, “the average Trump appointee has a far more impressive résumé than any past president’s nominees.”
Approximately 40 percent of Trump’s appellate nominees clerked for a Supreme Court justice, and about 80 percent clerked on a federal court of appeals. That compares to less than a quarter of Obama’s nominees who clerked on the Supreme Court, and less than half with a federal appellate clerkship."
All We Want for Christmas is More Judges: Ho, Ho, Ho
92. “China Says Economic Growth Fell to Lowest in 30 Years
China’s economy was weighed down by U.S. tariffs…” China Says Economic Growth Fell to Lowest in 30 Years | Breitbart
93. “Boom! Trump Has The Lowest Average Unemployment Rate of Any President in Recorded History” Boom! Trump Has The Lowest Average Unemployment Rate of Any President in Recorded History
National debt topped 23 Trillion1. Education is not power.
You don't need to hit yourself over the head if i hand you a hammer Correll
2. Turmp offered policies that were crafted to serve the perceived interests of his base,
No,
Trump offered up what his base wanted to hear , and delivered little to them
they only 'perceive' a 'win' because they're told to
Denying that is not reasonable of you.
actions / words
Trumps policy fruition VS Trump policy promise
then let's see who is in denial
~S~
"Trump offered up what his base wanted to hear , and delivered little to them"
Really?
You might want to retract that when you learn to read...
80. "Wages and salaries jump by 3.1%, highest level in a decade
- Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department.
- Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations." Wages and salaries jump by 3.1%, highest level in a decade
81. “Job growth surges by 312,000 in December” Job growth surges by 312,000 in December
82. "Unemployment hits 49-year low as US employers step up hiring"
Unemployment hits 49-year low as US employers step up hiring
"The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. "
Daily Presidential Tracking Poll - Rasmussen Reports®
83. "Record 157,288,000 Employed in July
(CNSNews.com) - The number of people employed in the United States hit a record 157,288,000 in July, according to the employment report released today by the Bureau of Labor Statistics.
That was up 283,000 from the 157,005,000 employed in June."
Record 157,288,000 Employed in July
84. “…Planned Parenthood announced that it would withdraw from Title X, a federal family planning program that helps poor women access birth control and other health services. As a result, the organization will lose about $60 million a year in federal funding. The decision was made in response to a new Trump administration rule which forbids Title X clinics from referring patients for abortions.” Planned Parenthood Just Lost $60M in Funding. What Does That Mean for Women?
85. “U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low”
Published: Oct 4, 2019 10:32 a.m. ET
U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low
86. “Record 158,510,000 Americans Employed in October; 23rd Record for Trump” Record 158,510,000 Americans Employed in October; 23rd Record for Trump
87. “Black Unemployment Rate Hits All Time Low”
Huge October Payrolls Beat: 128K Jobs Added As Black Unemployment Rate Hits All Time Low
88. “Dow jumps more than 200 points to 28,000, posts 4-week winning streak The Dow Jones Industrial Average rallied to record levels on Friday, reaching 28,000 for the first time ever…” Dow jumps more than 200 points to 28,000, posts 4-week winning streak
89. “Jobs growth soars in November as payrolls surge by 266,000
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.
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
90. “CNN Poll: US economy receives its best ranking in nearly 20 years
(CNN)As 2019 comes to a close, the US economy earns its highest ratings in almost two decades, potentially boosting President Donald Trump in matchups against the Democrats vying to face him in next year's election, according to a new CNN poll conducted by SSRS.’” US economy receives its best ranking in nearly 20 years, CNN poll finds - CNNPolitics
91." Appointing conservative judges is the one objective that unites the Republican Party. It is one of the few things the Senate can do without the House.
And it is something that immediately impacts public policy because, during times of divided government, many political fights end up being resolved judicially.
Trump may not have the “best people” representing him or running his White House, but he’s picking them to be judges. Indeed, “based solely on objective legal credentials,” left-leaning Vox’s Ian Millhiser says, “the average Trump appointee has a far more impressive résumé than any past president’s nominees.”
Approximately 40 percent of Trump’s appellate nominees clerked for a Supreme Court justice, and about 80 percent clerked on a federal court of appeals. That compares to less than a quarter of Obama’s nominees who clerked on the Supreme Court, and less than half with a federal appellate clerkship."
All We Want for Christmas is More Judges: Ho, Ho, Ho
92. “China Says Economic Growth Fell to Lowest in 30 Years
China’s economy was weighed down by U.S. tariffs…” China Says Economic Growth Fell to Lowest in 30 Years | Breitbart
93. “Boom! Trump Has The Lowest Average Unemployment Rate of Any President in Recorded History” Boom! Trump Has The Lowest Average Unemployment Rate of Any President in Recorded History
Income equality is worse than ever
Millions of Americans have lost health insurance
Manufacturing is in recession
Farm bankrupts are highest in a decade
Economists predict a recession in 2021
Individuals now pay more taxes than corporations.
Get your head out of the sand.National debt topped 23 Trillion1. Education is not power.
You don't need to hit yourself over the head if i hand you a hammer Correll
2. Turmp offered policies that were crafted to serve the perceived interests of his base,
No,
Trump offered up what his base wanted to hear , and delivered little to them
they only 'perceive' a 'win' because they're told to
Denying that is not reasonable of you.
actions / words
Trumps policy fruition VS Trump policy promise
then let's see who is in denial
~S~
"Trump offered up what his base wanted to hear , and delivered little to them"
Really?
You might want to retract that when you learn to read...
80. "Wages and salaries jump by 3.1%, highest level in a decade
- Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department.
- Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations." Wages and salaries jump by 3.1%, highest level in a decade
81. “Job growth surges by 312,000 in December” Job growth surges by 312,000 in December
82. "Unemployment hits 49-year low as US employers step up hiring"
Unemployment hits 49-year low as US employers step up hiring
"The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. "
Daily Presidential Tracking Poll - Rasmussen Reports®
83. "Record 157,288,000 Employed in July
(CNSNews.com) - The number of people employed in the United States hit a record 157,288,000 in July, according to the employment report released today by the Bureau of Labor Statistics.
That was up 283,000 from the 157,005,000 employed in June."
Record 157,288,000 Employed in July
84. “…Planned Parenthood announced that it would withdraw from Title X, a federal family planning program that helps poor women access birth control and other health services. As a result, the organization will lose about $60 million a year in federal funding. The decision was made in response to a new Trump administration rule which forbids Title X clinics from referring patients for abortions.” Planned Parenthood Just Lost $60M in Funding. What Does That Mean for Women?
85. “U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low”
Published: Oct 4, 2019 10:32 a.m. ET
U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low
86. “Record 158,510,000 Americans Employed in October; 23rd Record for Trump” Record 158,510,000 Americans Employed in October; 23rd Record for Trump
87. “Black Unemployment Rate Hits All Time Low”
Huge October Payrolls Beat: 128K Jobs Added As Black Unemployment Rate Hits All Time Low
88. “Dow jumps more than 200 points to 28,000, posts 4-week winning streak The Dow Jones Industrial Average rallied to record levels on Friday, reaching 28,000 for the first time ever…” Dow jumps more than 200 points to 28,000, posts 4-week winning streak
89. “Jobs growth soars in November as payrolls surge by 266,000
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.
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
90. “CNN Poll: US economy receives its best ranking in nearly 20 years
(CNN)As 2019 comes to a close, the US economy earns its highest ratings in almost two decades, potentially boosting President Donald Trump in matchups against the Democrats vying to face him in next year's election, according to a new CNN poll conducted by SSRS.’” US economy receives its best ranking in nearly 20 years, CNN poll finds - CNNPolitics
91." Appointing conservative judges is the one objective that unites the Republican Party. It is one of the few things the Senate can do without the House.
And it is something that immediately impacts public policy because, during times of divided government, many political fights end up being resolved judicially.
Trump may not have the “best people” representing him or running his White House, but he’s picking them to be judges. Indeed, “based solely on objective legal credentials,” left-leaning Vox’s Ian Millhiser says, “the average Trump appointee has a far more impressive résumé than any past president’s nominees.”
Approximately 40 percent of Trump’s appellate nominees clerked for a Supreme Court justice, and about 80 percent clerked on a federal court of appeals. That compares to less than a quarter of Obama’s nominees who clerked on the Supreme Court, and less than half with a federal appellate clerkship."
All We Want for Christmas is More Judges: Ho, Ho, Ho
92. “China Says Economic Growth Fell to Lowest in 30 Years
China’s economy was weighed down by U.S. tariffs…” China Says Economic Growth Fell to Lowest in 30 Years | Breitbart
93. “Boom! Trump Has The Lowest Average Unemployment Rate of Any President in Recorded History” Boom! Trump Has The Lowest Average Unemployment Rate of Any President in Recorded History
Income equality is worse than ever
Millions of Americans have lost health insurance
Manufacturing is in recession
Farm bankrupts are highest in a decade
Economists predict a recession in 2021
Individuals now pay more taxes than corporations.
"A Tale of Two Economies
Trump’s policies are helping workers more than Obama’s did.
Time to wake up from the Barack Obama economy, folks, and admit how many more Americans are prospering from the faster economic growth and tighter labor market after the policy changes of 2017. Opinion | A Tale of Two Economies
“Writing in the Wall Street Journal, former CEO Andy Puzder claims that Trump easily wins over Obama when you look at the numbers:
For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.
It’s certainly good news that unemployment rates have dropped. But labor-force participation numbers still haven’t fully recovered—or even come close to fully recovering—so the data on jobs is not quite as impressive as it sounds.
That being said, Puzder has a compelling indictment of Obama’s performance:
During a typical recovery, the economy grows at a rate between 3% and 4%, and the Obama administration predicted such a surge in its 2010 midsession review. It never came. The “recovery” of those years often felt much like a recession.
Amen. This echoes my criticism of Obamanomics. He made the US a bit more like Europe, so it’s no surprise that growth was weak.
Let’s now look at Puzder’s evidence that Trump has done a better job. He compares the end of the Obama economy with the beginning of the Trump economy:
GDP growth staggered along at 1.5% in Mr. Obama’s final six full quarters in office. …growth doubled to 3% during Mr. Trump’s first six full quarters. …the increase in job openings over Mr. Trump’s first 21 months has averaged an impressive 75,000 a month. Over Mr. Obama’s last 21 months in office, the number of job openings increased an average of 900 a month. …During Mr. Obama’s last 21 months, the number of employed Americans increased an average of 157,000 a month. Under Mr. Trump, the increase has accelerated to 214,000 a month, a 36% improvement. …In Mr. Obama’s final 21 months, weekly earnings rose an average of $1.31 a month. Under Mr. Trump, weekly earnings have increased an average of $1.84 cents a month: a 40% improvement that’s come mostly since tax reform took effect in January. Over that period, weekly earnings have grown an average of $2.31 a month, a 76% increase over Mr. Obama’s last 21 months. …The unemployment rate declined 13% during Mr. Obama’s last 21 months, but from there it has dropped another 23% during Mr. Trump’s tenure.” The Obama Economy vs. the Trump Economy | Daniel J. Mitchell
“Trump's Economy Keeps Humming: Manufacturing Adding More Jobs Than Government, Reversing Obama Trend
Overall, comparing President Trump’s first 27 months of key employment data to the last 27 months under President Obama shows a continuation of employment growth, the kind often seen in the mature stages of a business cycle, with 5,860,000 nonfarm jobs added during Obama’s last 27 months compared to 5,373,000 under Trump’s first 27 months.
Private sector employment also compares similarly over the same period, with 5,453,000 jobs added to private sector payrolls in Obama’s last 27 months in office compared to 5,158,000 during a comparable period under Trump.
However, a substantial difference can be seen in the job gains in the manufacturing sector compared to the government employment sector (federal, state and local) under the two administrations, with government at all levels adding 407,000 jobs in Obama’s last 27 months compared to 215,000 jobs since Trump took office. Manufacturing employment was in stark contrast, with manufacturers adding only 129,000 jobs during Obama’s last 27 months compared to 466,000 jobs since Trump took office, implementing a series of deregulatory measures and tax cuts that have encouraged industrial production and investment.
Comparatively, during Trump’s watch, the economy has added two manufacturing jobs for each job added in government while under Obama’s last 27 months, about three government jobs were added for each manufacturing job.” Trump's Economy Keeps Humming: Manufacturing Adding More Jobs Than Government, Reversing Obama Trend
"Sorry Obama, But It's Trump's Economic Boom, Not Yours
Barack Obama is on the road attempting to claim credit for the booming economy under President Trump. But the only thing Obama deserves credit for is making it easy for Trump to undo Obama's anti-growth policies.
For eight years, President Obama presided over the worst economic recovery in modern times. For six years, he blamed Republicans in Congress for thwarting his spending agenda and hampering growth. In his last two years in office, he claimed that 2% growth was the best we could hope for. And in his last year in office, while the economy was again stalling out, Obama claimed that Trump's tax cuts and deregulation would only make things worse.
But now that we're in the midst of a booming economy — which kicked in after Trump reversed almost all Obama's economic policies — we're supposed to believe that it's Obama who deserves all the credit.
There's more. The rate of GDP growth was decelerating in Obama's last year. It went from 2.3% in Q2, to 1.9% in Q3 to 1.8% in Q4 of 2016. Under Trump, GDP growth has averaged 2.9%. It was 4.2% last quarter and might be higher in the current one.
The stock market also was stuck in neutral the year before the November 2016 elections. The Dow is up by some 45% since then.
Real median family income didn't budge from August 2015 to November 2016, according to Sentier Research. It's up more than 4% since Trump came into office. Wages are on the upswing.
In Obama's last year, unemployment rate remained basically unchanged — it was 4.9% in Jan 2016, and 4.8% when Trump took office in Jan. 2017. Now it's down to 3.9%"
It's Trump's Booming Economy, Not Obama's | Investor's Business Daily
"The New York Times itself described Obama's economy this way in August 2016: "For three quarters in a row, the growth rate of the economy has hovered around a mere 1%. In the last quarter of 2015 and the first quarter of 2016, the economy expanded at feeble annual rates of 0.9% and 0.8%, respectively. The initial reading for the second quarter of this year, released on Friday, was a disappointing 1.2%."
And on January 27, 2017, after the government reported that GDP growth for all 2016 was a mere 1.6% — the weakest in five years — the Times announced that "President Trump's target for economic growth just got a little more distant."
That same month, the nonpartisan Congressional Budget Office forecast growth this year would be just 1.9%.
There were other signs of stagnation as well. Stocks had flatlined in 2016, with major indexes down slightly. Real median household income dropped that year, according to Sentier Research.
Growth had been so worrisomely slow throughout Obama's two terms in office that journalists started warning about "secular stagnation." They said the country was in a period of long, sustained, slow growth resulting from slow population and productivity growth.
In August 2016, the Times declared that "the underlying reality of low growth will haunt whoever wins the White House."
The next month, CBS News reported that "with U.S. economic growth stuck in low gear for several years, it's leading many economists to worry that the country has entered a prolonged period where any expansion will be weaker than it has been in the past."
In short, there was no upward trajectory to the economy on anyone's radar when Trump took office.
Now that the economy is outperforming everyone's expectations, Trump's critics want to pretend that the current boom was already baked in the cake.” Economic Boom: Media Rewrite History To Credit Obama Instead Of Trump
"Over 8 years President Obama’s economy produced $6.4 trillion less GDP than was projected when he took office in January 2009. That initial projection already incorporated the recession that began in 2007.
Since President Trump took office in January 2017, CBO has raised its projection of the cumulative 2017-2024 GDP by $3.3 trillion. Trump vs. Obama Economy | Manhattan Institute
"Trump rescued America from the economic oblivion under Obama
Even in the midst of the economic boom America is enjoying under the stewardship of Donald Trump, Democratic candidates are suggesting we return to the failed policies of Barack Obama. Since President Trump took office two years ago, the national economic engine has been roaring, generating widespread prosperity across every corner of the country.
In 2016, the final year under President Obama, real gross domestic product grew by just 1.6 percent, which was also the average growth rate during all of his eight years in office. Under President Trump, growth increased to 2.2 percent in 2017, jumped again to 2.9 percent in 2018, and rose to an incredible 3.2 percent earlier this year.
By adopting policies that put our nation first, such as cutting taxes to make businesses more competitive and allow workers to keep more of their paychecks, eliminating wasteful regulations, and protecting our workers from unfair foreign competition by renegotiating outdated trade deals, President Trump has been the polar opposite of his predecessor. President Obama heavily regulated the financial industry in an attempt to reduce economic risk, but this strategy of punishing bankers only ended up dragging down growth. He also championed poorly negotiated trade deals that put our workers at a disadvantage, such as the Trans Pacific Partnership that President Trump wisely scrapped after taking office.
The results of these wildly different approaches speak for themselves.
…the free market policies of President Trump are what rescued us from the economic calamity brought on by the big government liberalism that the Democrats are still pushing to this day. Trump rescued America from the economic oblivion under Obama
How ya' like dem apples, boooooyyyyyyyyeeeeeeeeee!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
lol...typical liberal tripe...e.g. things that are measurable like economic growth numbers are not real to scam artists while immeasurable things like future climate predictions and the aggregate world temperature are and what we should be planning around! does that sound right to you?...I have been saying this for a long time. Many people know the truth. The 50% of American households who do not own stock are not benefiting from the soring stock market. While the unemployment rate is low, there are still a hell of a lot of people out of work. Many of those who are working have trouble making ends meet and must work several low wage jobs.
Yet, Trump is running on the economy and too many gullible fools, including some who have been left behind, still support him based on this-perhaps his biggest lie.
Nobel economist: Trump’s economy is an absolute disaster for people and the planet
It is becoming conventional wisdom that US President Donald Trump will be tough to beat in November, because, whatever reservations about him voters may have, he has been good for the American economy. Nothing could be further from the truth.
Neither GDP nor the Dow is a good measure of economic performance. Neither tells us what’s happening to ordinary citizens’ living standards or anything about sustainability.
Many households are struggling, and then there is the issue of the environment and our health:
Two years ago, a few rare corporate leaders were concerned about climate change, or upset at Trump’s misogyny and bigotry. Most, however, were celebrating the president’s tax cuts for billionaires and corporations and looking forward to his efforts to deregulate the economy. That would allow businesses to pollute the air more, get more Americans hooked on opioids, entice more children to eat their diabetes-inducing foods, and engage in the sort of financial shenanigans that brought on the 2008 crisis.
Who is willing to say the air and water polution, opiods and diabetes are good things! Get real peopleQ!
Get your head out of the sand.National debt topped 23 Trillion1. Education is not power.
You don't need to hit yourself over the head if i hand you a hammer Correll
2. Turmp offered policies that were crafted to serve the perceived interests of his base,
No,
Trump offered up what his base wanted to hear , and delivered little to them
they only 'perceive' a 'win' because they're told to
Denying that is not reasonable of you.
actions / words
Trumps policy fruition VS Trump policy promise
then let's see who is in denial
~S~
"Trump offered up what his base wanted to hear , and delivered little to them"
Really?
You might want to retract that when you learn to read...
80. "Wages and salaries jump by 3.1%, highest level in a decade
- Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department.
- Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations." Wages and salaries jump by 3.1%, highest level in a decade
81. “Job growth surges by 312,000 in December” Job growth surges by 312,000 in December
82. "Unemployment hits 49-year low as US employers step up hiring"
Unemployment hits 49-year low as US employers step up hiring
"The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. "
Daily Presidential Tracking Poll - Rasmussen Reports®
83. "Record 157,288,000 Employed in July
(CNSNews.com) - The number of people employed in the United States hit a record 157,288,000 in July, according to the employment report released today by the Bureau of Labor Statistics.
That was up 283,000 from the 157,005,000 employed in June."
Record 157,288,000 Employed in July
84. “…Planned Parenthood announced that it would withdraw from Title X, a federal family planning program that helps poor women access birth control and other health services. As a result, the organization will lose about $60 million a year in federal funding. The decision was made in response to a new Trump administration rule which forbids Title X clinics from referring patients for abortions.” Planned Parenthood Just Lost $60M in Funding. What Does That Mean for Women?
85. “U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low”
Published: Oct 4, 2019 10:32 a.m. ET
U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low
86. “Record 158,510,000 Americans Employed in October; 23rd Record for Trump” Record 158,510,000 Americans Employed in October; 23rd Record for Trump
87. “Black Unemployment Rate Hits All Time Low”
Huge October Payrolls Beat: 128K Jobs Added As Black Unemployment Rate Hits All Time Low
88. “Dow jumps more than 200 points to 28,000, posts 4-week winning streak The Dow Jones Industrial Average rallied to record levels on Friday, reaching 28,000 for the first time ever…” Dow jumps more than 200 points to 28,000, posts 4-week winning streak
89. “Jobs growth soars in November as payrolls surge by 266,000
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.
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
90. “CNN Poll: US economy receives its best ranking in nearly 20 years
(CNN)As 2019 comes to a close, the US economy earns its highest ratings in almost two decades, potentially boosting President Donald Trump in matchups against the Democrats vying to face him in next year's election, according to a new CNN poll conducted by SSRS.’” US economy receives its best ranking in nearly 20 years, CNN poll finds - CNNPolitics
91." Appointing conservative judges is the one objective that unites the Republican Party. It is one of the few things the Senate can do without the House.
And it is something that immediately impacts public policy because, during times of divided government, many political fights end up being resolved judicially.
Trump may not have the “best people” representing him or running his White House, but he’s picking them to be judges. Indeed, “based solely on objective legal credentials,” left-leaning Vox’s Ian Millhiser says, “the average Trump appointee has a far more impressive résumé than any past president’s nominees.”
Approximately 40 percent of Trump’s appellate nominees clerked for a Supreme Court justice, and about 80 percent clerked on a federal court of appeals. That compares to less than a quarter of Obama’s nominees who clerked on the Supreme Court, and less than half with a federal appellate clerkship."
All We Want for Christmas is More Judges: Ho, Ho, Ho
92. “China Says Economic Growth Fell to Lowest in 30 Years
China’s economy was weighed down by U.S. tariffs…” China Says Economic Growth Fell to Lowest in 30 Years | Breitbart
93. “Boom! Trump Has The Lowest Average Unemployment Rate of Any President in Recorded History” Boom! Trump Has The Lowest Average Unemployment Rate of Any President in Recorded History
Income equality is worse than ever
Millions of Americans have lost health insurance
Manufacturing is in recession
Farm bankrupts are highest in a decade
Economists predict a recession in 2021
Individuals now pay more taxes than corporations.
"A Tale of Two Economies
Trump’s policies are helping workers more than Obama’s did.
Time to wake up from the Barack Obama economy, folks, and admit how many more Americans are prospering from the faster economic growth and tighter labor market after the policy changes of 2017. Opinion | A Tale of Two Economies
“Writing in the Wall Street Journal, former CEO Andy Puzder claims that Trump easily wins over Obama when you look at the numbers:
For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.
It’s certainly good news that unemployment rates have dropped. But labor-force participation numbers still haven’t fully recovered—or even come close to fully recovering—so the data on jobs is not quite as impressive as it sounds.
That being said, Puzder has a compelling indictment of Obama’s performance:
During a typical recovery, the economy grows at a rate between 3% and 4%, and the Obama administration predicted such a surge in its 2010 midsession review. It never came. The “recovery” of those years often felt much like a recession.
Amen. This echoes my criticism of Obamanomics. He made the US a bit more like Europe, so it’s no surprise that growth was weak.
Let’s now look at Puzder’s evidence that Trump has done a better job. He compares the end of the Obama economy with the beginning of the Trump economy:
GDP growth staggered along at 1.5% in Mr. Obama’s final six full quarters in office. …growth doubled to 3% during Mr. Trump’s first six full quarters. …the increase in job openings over Mr. Trump’s first 21 months has averaged an impressive 75,000 a month. Over Mr. Obama’s last 21 months in office, the number of job openings increased an average of 900 a month. …During Mr. Obama’s last 21 months, the number of employed Americans increased an average of 157,000 a month. Under Mr. Trump, the increase has accelerated to 214,000 a month, a 36% improvement. …In Mr. Obama’s final 21 months, weekly earnings rose an average of $1.31 a month. Under Mr. Trump, weekly earnings have increased an average of $1.84 cents a month: a 40% improvement that’s come mostly since tax reform took effect in January. Over that period, weekly earnings have grown an average of $2.31 a month, a 76% increase over Mr. Obama’s last 21 months. …The unemployment rate declined 13% during Mr. Obama’s last 21 months, but from there it has dropped another 23% during Mr. Trump’s tenure.” The Obama Economy vs. the Trump Economy | Daniel J. Mitchell
“Trump's Economy Keeps Humming: Manufacturing Adding More Jobs Than Government, Reversing Obama Trend
Overall, comparing President Trump’s first 27 months of key employment data to the last 27 months under President Obama shows a continuation of employment growth, the kind often seen in the mature stages of a business cycle, with 5,860,000 nonfarm jobs added during Obama’s last 27 months compared to 5,373,000 under Trump’s first 27 months.
Private sector employment also compares similarly over the same period, with 5,453,000 jobs added to private sector payrolls in Obama’s last 27 months in office compared to 5,158,000 during a comparable period under Trump.
However, a substantial difference can be seen in the job gains in the manufacturing sector compared to the government employment sector (federal, state and local) under the two administrations, with government at all levels adding 407,000 jobs in Obama’s last 27 months compared to 215,000 jobs since Trump took office. Manufacturing employment was in stark contrast, with manufacturers adding only 129,000 jobs during Obama’s last 27 months compared to 466,000 jobs since Trump took office, implementing a series of deregulatory measures and tax cuts that have encouraged industrial production and investment.
Comparatively, during Trump’s watch, the economy has added two manufacturing jobs for each job added in government while under Obama’s last 27 months, about three government jobs were added for each manufacturing job.” Trump's Economy Keeps Humming: Manufacturing Adding More Jobs Than Government, Reversing Obama Trend
"Sorry Obama, But It's Trump's Economic Boom, Not Yours
Barack Obama is on the road attempting to claim credit for the booming economy under President Trump. But the only thing Obama deserves credit for is making it easy for Trump to undo Obama's anti-growth policies.
For eight years, President Obama presided over the worst economic recovery in modern times. For six years, he blamed Republicans in Congress for thwarting his spending agenda and hampering growth. In his last two years in office, he claimed that 2% growth was the best we could hope for. And in his last year in office, while the economy was again stalling out, Obama claimed that Trump's tax cuts and deregulation would only make things worse.
But now that we're in the midst of a booming economy — which kicked in after Trump reversed almost all Obama's economic policies — we're supposed to believe that it's Obama who deserves all the credit.
There's more. The rate of GDP growth was decelerating in Obama's last year. It went from 2.3% in Q2, to 1.9% in Q3 to 1.8% in Q4 of 2016. Under Trump, GDP growth has averaged 2.9%. It was 4.2% last quarter and might be higher in the current one.
The stock market also was stuck in neutral the year before the November 2016 elections. The Dow is up by some 45% since then.
Real median family income didn't budge from August 2015 to November 2016, according to Sentier Research. It's up more than 4% since Trump came into office. Wages are on the upswing.
In Obama's last year, unemployment rate remained basically unchanged — it was 4.9% in Jan 2016, and 4.8% when Trump took office in Jan. 2017. Now it's down to 3.9%"
It's Trump's Booming Economy, Not Obama's | Investor's Business Daily
"The New York Times itself described Obama's economy this way in August 2016: "For three quarters in a row, the growth rate of the economy has hovered around a mere 1%. In the last quarter of 2015 and the first quarter of 2016, the economy expanded at feeble annual rates of 0.9% and 0.8%, respectively. The initial reading for the second quarter of this year, released on Friday, was a disappointing 1.2%."
And on January 27, 2017, after the government reported that GDP growth for all 2016 was a mere 1.6% — the weakest in five years — the Times announced that "President Trump's target for economic growth just got a little more distant."
That same month, the nonpartisan Congressional Budget Office forecast growth this year would be just 1.9%.
There were other signs of stagnation as well. Stocks had flatlined in 2016, with major indexes down slightly. Real median household income dropped that year, according to Sentier Research.
Growth had been so worrisomely slow throughout Obama's two terms in office that journalists started warning about "secular stagnation." They said the country was in a period of long, sustained, slow growth resulting from slow population and productivity growth.
In August 2016, the Times declared that "the underlying reality of low growth will haunt whoever wins the White House."
The next month, CBS News reported that "with U.S. economic growth stuck in low gear for several years, it's leading many economists to worry that the country has entered a prolonged period where any expansion will be weaker than it has been in the past."
In short, there was no upward trajectory to the economy on anyone's radar when Trump took office.
Now that the economy is outperforming everyone's expectations, Trump's critics want to pretend that the current boom was already baked in the cake.” Economic Boom: Media Rewrite History To Credit Obama Instead Of Trump
"Over 8 years President Obama’s economy produced $6.4 trillion less GDP than was projected when he took office in January 2009. That initial projection already incorporated the recession that began in 2007.
Since President Trump took office in January 2017, CBO has raised its projection of the cumulative 2017-2024 GDP by $3.3 trillion. Trump vs. Obama Economy | Manhattan Institute
"Trump rescued America from the economic oblivion under Obama
Even in the midst of the economic boom America is enjoying under the stewardship of Donald Trump, Democratic candidates are suggesting we return to the failed policies of Barack Obama. Since President Trump took office two years ago, the national economic engine has been roaring, generating widespread prosperity across every corner of the country.
In 2016, the final year under President Obama, real gross domestic product grew by just 1.6 percent, which was also the average growth rate during all of his eight years in office. Under President Trump, growth increased to 2.2 percent in 2017, jumped again to 2.9 percent in 2018, and rose to an incredible 3.2 percent earlier this year.
By adopting policies that put our nation first, such as cutting taxes to make businesses more competitive and allow workers to keep more of their paychecks, eliminating wasteful regulations, and protecting our workers from unfair foreign competition by renegotiating outdated trade deals, President Trump has been the polar opposite of his predecessor. President Obama heavily regulated the financial industry in an attempt to reduce economic risk, but this strategy of punishing bankers only ended up dragging down growth. He also championed poorly negotiated trade deals that put our workers at a disadvantage, such as the Trans Pacific Partnership that President Trump wisely scrapped after taking office.
The results of these wildly different approaches speak for themselves.
…the free market policies of President Trump are what rescued us from the economic calamity brought on by the big government liberalism that the Democrats are still pushing to this day. Trump rescued America from the economic oblivion under Obama
How ya' like dem apples, boooooyyyyyyyyeeeeeeeeee!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
lol...typical liberal tripe...e.g. things that are measurable like economic growth numbers are not real to scam artists while immeasurable things like future climate predictions and the aggregate world temperature are and what we should be planning around! does that sound right to you?...I have been saying this for a long time. Many people know the truth. The 50% of American households who do not own stock are not benefiting from the soring stock market. While the unemployment rate is low, there are still a hell of a lot of people out of work. Many of those who are working have trouble making ends meet and must work several low wage jobs.
Yet, Trump is running on the economy and too many gullible fools, including some who have been left behind, still support him based on this-perhaps his biggest lie.
Nobel economist: Trump’s economy is an absolute disaster for people and the planet
It is becoming conventional wisdom that US President Donald Trump will be tough to beat in November, because, whatever reservations about him voters may have, he has been good for the American economy. Nothing could be further from the truth.
Neither GDP nor the Dow is a good measure of economic performance. Neither tells us what’s happening to ordinary citizens’ living standards or anything about sustainability.
Many households are struggling, and then there is the issue of the environment and our health:
Two years ago, a few rare corporate leaders were concerned about climate change, or upset at Trump’s misogyny and bigotry. Most, however, were celebrating the president’s tax cuts for billionaires and corporations and looking forward to his efforts to deregulate the economy. That would allow businesses to pollute the air more, get more Americans hooked on opioids, entice more children to eat their diabetes-inducing foods, and engage in the sort of financial shenanigans that brought on the 2008 crisis.
Who is willing to say the air and water polution, opiods and diabetes are good things! Get real peopleQ!
you can pretend all you want but scams are run the exact same way this climate issue is being run...and why use a nobelist to do the dirty work, wasn't greta up to snuff on this one?
