Trump lies are unraveling ... New data challenges Trump's economic narrative

Discussion in 'Politics' started by Denizen, Aug 25, 2019.

  1. Denizen
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    Denizen Silver Member

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    The greatest economy the world has ever seen is a humongous lie that Trump followers swallow.

    The contrary truth to Trump's lies:

    1. "I would actually say it’s been a weaker recovery than what we’ve seen previously, particular in comparison to the expansions of the '80s and '90s,” said PNC Bank Chief Economist Gus Faucher."

    2. "The recent revision puts Trump's overall monthly average at 177,000.
    “We thought we had a bit of acceleration in job growth in 2018, but it looks like instead what we had was roughly the same trend we had before,” Faucher said."

    3. "But 31 months into his presidency, Trump now lags previous Democratic presidents when it comes to the Dow's performance. At this point in Obama's first term, the Dow was up 45.2 percent since he took office. For former President Clinton, it was up 39.3 percent. Trump clocks in at 32.2 percent."

    4. "“Notwithstanding the White House’s focus on shrinking the trade deficit, expect it to widen by 7 percent to 8 percent for all of 2019, to about $670 billion,” Kiplinger projected"

    Trump has damaged the world economy and has started a trade war that may have adverse consequences for decades, for the USA and the global economy.

    Meanwhile, US manufacturing is declining, the trade deficit is higher than under Obama, the budget deficit is growing uncontrollably, and Donald Trump has offended allies and supported murderer Mohammed Bin Salman and despots.

    The USA is heading towards isolationism which will undo the work of all the presidents who preceded Trump since world war 2 and will trash brand America and damage exports.

    New data challenges Trump's economic narrative

     
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  2. miketx
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    miketx Diamond Member

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    You mean all the free handouts and military support we have given to ungrateful hateful countries that despise us? Get real bozo.
     
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  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    I thought it was Obama's economy?
     
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  4. BluesLegend
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    BluesLegend Diamond Member

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    LMAO Trump has broken decades old records in both domestic and global economic optimism, numbers Obama could have only dreamed of achieving. :itsok:
     
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  5. BluesLegend
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    BluesLegend Diamond Member

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    The OP just shit himself.
     
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  6. Denizen
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    Denizen Silver Member

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    That's the problem between optimism and reality. Trump has broken the link to reality.

    Obama was the sorcerer and Trump is the sorcerer's apprentice who screws up.
     
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  7. BluesLegend
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    BluesLegend Diamond Member

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    Its the Obama economy go bitch at Obama.
     
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  8. Bruce_T_Laney
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    Bruce_T_Laney Gold Member

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    Until a recession hit then it Bush economy...
     
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  9. TheGreatSatan
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    TheGreatSatan VIP Member

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    I like how Democrats say the economy is shit, then turn around and say it's Obama's economy.
     
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  10. ABikerSailor
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    ABikerSailor Diamond Member

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    You guys really need to give up this Obama economy thing, it's getting kinda tiresome. And, for those of you who don't pay attention, it's been Trump's economy ever since his tax plan was passed, and further cemented as Trump's economy when he started his trade war with China.
     
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