Trump manufactures lies: Trump Says U.S. Economy 'Best It's Ever Been,' Facts Tell A Different story

[Denizen]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
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Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

 

[theHawk]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

So.....it was better in 2010?

 

[Augustine_]

2nd President without 3% GDP growth

 

[MarathonMike]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

If you are complaining about THIS economy, there is only one explanation. You sir, are a poor money manager.

 

[Oddball]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

You don't even have the vaguest idea of what all the incomprehensible particulars and details in that article mean....And, to be truthful, neither do I.

You're just a doomsaying headline whore and you can stuff them negative waves up your ass.

 

[Third Party]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

And yet, he is still YOUR PRESIDENT!

 

[Ricky LIbtardo]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

So what is the libtardo qualifier of the day?

The fact remains the GDP is the biggest its ever been.

Post the actual numbers.

 

[theHawk]

Funny how these retards went from claiming this was all the Hussein’s economy that President Trump inherited, to “it’s really really really bad trust us”.

 

[shockedcanadian]

Come to Canada and see why 9% of our citizens are expats. To put it in perspective I think USA has 1.5% expat rate. Our economy is called a "gimmick economy". Part-time, contract work, temp. with no benefits and it's not getting any better. "Making it" in Canada, is being a sea going snitch for the government and living the good life on the backs of others.

Why do Canadians leave? For liberty and opportunity. 9 Babies at birth will leave the country as soon as they can. Who do you think is leaving? It isn't the poor or low performing. It isn't the weak and cowardly. It's our best, brightest and most ambitious. We are driving our system into oblivion. We just lost 2 more places in global competitiveness rankings.

Nothing like having your best assets help other nations kick your ass. Be happy America is humming along and you citizens have every reason to stay. You guys take liberty for granted, it's worth fighting for. You could become like Canada or Europe.

 

[Denizen]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

And yet, he is still YOUR PRESIDENT!

Not for long. His baggage of crimes and dirt is getting too heavy for him.

 

[Denizen]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

So what is the libtardo qualifier of the day?

The fact remains the GDP is the biggest its ever been.

Post the actual numbers.

The year 2019 is bigger than 2018 and is the biggest year its ever been.

Please don't thank me.

 

[Denizen]

If Trump's budget deficit ~5% of GDP is subtracted from Trump's economic growth ~ 2.3% of GDP, the US economy is going backward towards another Trump chapter 11.

Any fool can spend on credit until the debt becomes unpayable.

 

[The Purge]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

And yet, he is still YOUR PRESIDENT!

Not for long. His baggage of crimes and dirt is getting too heavy for him.

And they are?...Lowest unemployment in 50 years....historic unemployment for blacks, hispanics, and women, put more money through tax cuts into over 80% of our working force, protecting us from illegal invaders, highest stock market EVER, now pulling our military OUT of the middle East that the Surrender Monkey expanded our presence there....thought you bleeding heart liberals used to march and riot about WAR, or what, stupid bsstard?

 

[Indeependent]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

In which city do you reside?

 

[BluesLegend]

Funny how these retards went from claiming this was all the Hussein’s economy that President Trump inherited, to “it’s really really really bad trust us”.

Convenient isn't it. Dem's flip flop like a fish out of water the pathetic losers are no match for president Trump.

 

[keepitreal]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

We need $700 Billion
(truth: over $40 Trillion)

Shovel ready jobs
(truth: shoveling the shovel ready jobs bs)

Keep your insurance, lower premiums
(truth: lose your insurance, premiums skyrocket)

Fiscal discipline, transparency, cut what doesn't work
(truth: pay to play, suckers, fund new programs that won't work)

changing the way Washington does business
(truth: lol...suckers for hope and change)

If Trump is elected the markets will crash
(truth: instill fear to influence voters)

Like, with a cloth
(truth: people are too stupid to insult their intelligence)

I didn't know 'c' meant classified
(truth: people are too stupid to insult their intelligence)

I thought paragraphs were alphabetically ordered
(truth: 'a', 'b', Clinton starts with the letter'c')

I don't recall, I don't remember, I don't recollect
(truth: I'm not going down)

Trump learned from the best

 

[gipper]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

I wish you silly partisans and the stupid party you belong to would worry about what Donny does, not what he says.

When was the last time lefties complained about the US support of Saudis’ killings in Yemen, or sending US troops to guard their oil, or selling dictators advanced military hardware? Or his tax plan that enriched the rich? Or his outrageous deficit? Or has abandoning 40 year old nukes treaty with Russia. His continued sanctions on Russia. Expanding NATO provoking Russia. Or his attempted coup in Venezuela to overthrow 5ge elected government and install a dictator

Trump has broken the left’s brain. All they bitch about is what he says.

Grow the fuck up!

 

[Denizen]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
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Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

And yet, he is still YOUR PRESIDENT!

Not for long. His baggage of crimes and dirt is getting too heavy for him.

And they are?...Lowest unemployment in 50 years....historic unemployment for blacks, hispanics, and women, put more money through tax cuts into over 80% of our working force, protecting us from illegal invaders, highest stock market EVER, now pulling our military OUT of the middle East that the Surrender Monkey expanded our presence there....thought you bleeding heart liberals used to march and riot about WAR, or what, stupid bsstard?

Thank you Donald Trump you have created 2019 as the highest number year ever.

Thank you Donald Trump for having a budget deficit ~5% of GDP being greater than the ~2.3% growth in GDP.

Thank you Donald Trump for letting America earn the highest debt it has ever had ~ $23 trillion.

Thank you Donald Trump for the greatest number of lies uttered and published by a POTUS.

Thank you Donald Trump for allowing your adoring howling mob to fantasize about kissing your anus.

 

[Third Party]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

And yet, he is still YOUR PRESIDENT!

Not for long. His baggage of crimes and dirt is getting too heavy for him.

And yet, he is still YOUR PRESIDENT!

 

[Wyatt earp]

Donald Trump has built an industry of manufacturing of lies and fake reality while accumulating the fare to this ride on the poop-chute of history.

Donald Trump and truth are mutually exclusive.

The only growth in manufacturing that has occurred during Trump's tenure is the manufacturing of lies and fake reality.

The current parlous state of US economic growth is fed by a burgeoning budget deficit.

The truth is that despite Trump's tax cuts for the wealthy, the US economy is running on credit and building up debt that may become unpayable if foreign investors pull out of US$ investments and bonds.

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story

Trump Says U.S. Economy Is 'Best It Has Ever Been,' But Facts Tell A Different Story
Yuwa Hedrick-Wong

The current economic expansion in the U.S. is the longest uninterrupted period of growth in its modern recorded history. A development that President Trump has wasted few opportunities to highlight, tweeting just this week "our economy is the best it has ever been. Best employment and stock market numbers ever." Trump’s boasting, apart from the usual inaccuracy, is at odds with the reality of a surprisingly fragile U.S. economy.
To begin with, while the current expansion may be the longest on record, it is also the weakest. Since 2009, the economy has grown by only 25%, which compares poorly against the much shorter periods of expansion in the 1980s and the 1990s, which grew by 38% and 43% respectively. Even the record low unemployment rate is also not what it seems. One key reason for low unemployment is because people are dropping out of the labor force, according to the U.S. Department of Labor. This means that many American workers, chiefly the less educated and low skilled, have become so discouraged that they have simply given up looking for a job. The economy is not creating jobs that they can fill, while companies are complaining about shortages of skilled workers. As a result, households’ finance remains extremely precarious; a shocking four in ten American adults would not be able to cover an unexpected $400 expense with cash or saving, according to research by the Federal Reserve. As troubling as these economic findings are, the fragility of the U.S. economy runs even deeper.
Donald J. Trump
✔
@realDonaldTrump
Big Rally tonight in Greenville, North Carolina. Lots of great things to tell you about, including the fact that our Economy is the best it has ever been. Best Employment & Stock Market Numbers EVER. I’ll talk also about people who love, and hate, our Country (mostly love)! 7M
106K
7:46 PM - Jul 17, 2019
Twitter Ads info and privacy
42.3K people are talking about this
Today In: Asia
High debt and low investment are an albatross around the U.S. economy’s neck. Corporate debt in the U.S. has reached $9.4 trillion—equivalent to 46% of GDP, according to the Federal Reserve, which matches the previous peak set in 2007 just before the global financial crisis erupted. Business investment, on the other hand, has remained flat despite the Trump tax cuts, which between 2016 and 2018 roughly halved the effective tax rate for companies on the S&P 500.
PROMOTED
The Garmin Forerunner 645 Is Now $95 Off
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
Grads of Life BRANDVOICE
More Than What’s On Paper: The Power of Initiative
More On Forbes: Global 2000: The World's Largest Public Companies 2019
This combination of rising debt and low investment is bewildering given the tremendous increase in cash flow to the corporate sector, which the IMF estimates has doubled in S&P 500 companies since 2010. What has corporate America done with its wave of incoming cash? Mostly buy back its own shares. The IMF estimates that S&P 500 companies’ spending on share buybacks as a percentage of assets is double what it was in 2010. Such unproductive spending props up equity valuations while doing nothing to improving economic dynamism.
Why would corporate America load up on debt even as its pockets bulge with cash? Why spend that cash on buying back stock instead of investing it? The answer lies in yet another unfortunate combination: extraordinarily loose monetary policy and declining business competition. Cheap credit has encouraged massive corporate borrowing. In the meantime, American industries have become increasingly dominated by a few large companies, leading to declining competition, as Jonathan Tepper and Denise Hearn documented in their 2018 book The Myth of Capitalism: Monopolies and the Death of Competition.
Many sectors in the American economy are showing oligopolistic or even monopolistic characteristics. Companies enjoying such market power become rent-seekers, not risk-takers.
More On Forbes: This Hedge Fund Superstar Thinks Climate Change Will Impact All Your Investments — And Soon
When they do spend, they splurge on share buybacks or on mergers and acquisitions that boost their market share by nipping potential competition in the bud. Cheap credit and a dearth of competition are in turn gumming up the machinery of the market economy.
The highly leveraged companies this creates have become one of the weakest links in the economy. Their debts have fed a fast-growing market for collateralized loan obligations, or CLOs—assets that package up the high-yielding loans taken on by companies with poor collateral and uncertain income. This bears an eerie resemblance to the collateralized debt obligations, or CDOs, blamed for triggering the global financial crisis.
Federal Reserve Chairman Jerome Powell, however, assured markets in May that the growth of CLOs isn’t a serious problem. At some point, however, America’s corporate sector will have to wean itself from its addiction to cheap credit. It’s then that the economy’s deep and surprising fragility will be fully exposed.

So.....it was better in 2010?

In a liberal mind a anti business president with thousands of new rules and regulations some how grows manufacturing... they are one weird dumb mother fuckers.



.