Good thing Cain won't be there , and didn't the fed say no more rate raises this year and could have sworn trump already attacked the fed but then again he attacks everyoneActually Trump's growth is quite a bit better.
Trump now has 8 full quarters and has averaged 2.91% annualized GDP growth.
Over Obama's last 8 full quarters he only averaged 1.94% growth
Trump's rate of increase half again better than Obama's.
GREAT AGAIN: US economy grows by 3.2% in the first quarter, topping expectations.
I don't agree that ~1% GDP more than the previous administration is worth what Trump is throwing at the national debt = an extra ~$1 TRILLION per year.
When the economy is supposedly so great as Trump states, that is when the US should be paying down debt YET we are burning money like there is NO tomorrow.
When the economy does go south, and it will, then how in Hell are we gonna pay down debt?
Trump & his posse are Hell bent on placing RECORD DEBT on this nation for a measly short term gain of ~1% more GDP.
Our so called leadership are asinine morons, at best, and Trump's base are eating this shit up like hogs licking up slop ...........
Trump is doing what he's doing while absorbing a record number of interest rate increases from the Fed, Caddo! I know you liberals don't grasp economics but what's been going on since Trump took office is remarkable. It would be akin to a pole vaulter setting new heights even though he's wearing weights that his competition isn't!
How are we going to pay down debt? What I'd like to see Trump do is start attacking the bloated Federal bureaucracy. Most Presidents don't have the stones to tackle that. He just may...we'll see.
My pointing out that the Fed has raised their rate more in the two years of Trump's presidency than in the eight years of Obama's presidency isn't attacking anyone....it's simply pointing out a HUGE difference between the two administrations! The Fed raises rates to "cool down" economies that it's worried might be growing too fast. Obama's handling of the economy caused the Fed to keep interest rates near zero for the longest time in Fed history! Trump's handling of the economy has caused the Fed to raise interest rates. It makes it much harder for Trump to maintain the growth he's already provided.