Trump's economy is booming—repealing tariffs will boost it even more

[Faun]

Oh, and then there is this: Economy added 164,000 jobs in July

One good month a booming economy does not make.

One good month? Our economy has added 6 million new jobs the last 33 months with rising wages and low inflation. I can see why one such as you would be upset.

Its been two great years you lying sack of shit. Unemployment is at an all time low you liar. All you people can do is lie.

It's been growing like this for 9½ years now. Glad to see you finally noticed.

Note the date:
Paul Krugman: Trump will bring global recession - 11/9/2016

LOLOL

A brain-dead rightard thinks a wrong prediction by an economist alters the reality that the job growth we're enjoying started 9½ years ago.

You poor thing, when you arm yourself with non-sequiturs, you lose every time.

 

[BuckToothMoron]

You call this booming????

This is what our financial markets have done since Trump started the trade war...this is not booming, this is stagnation.


DJI up 1.59% . An annual growth rate of 1.04%
S&P up 4.33%. An annual growth rate of 2.84%
NASDAQ up 12.56%. An annual growth rate of 8.23%
SmallCap 2000 down 3.99. An annual growth rate of -2.62

You need to check your numbers. They are blatantly wrong.

The day Trump took office the DJIA was just under 20,000. Today it’s over 26,000 and that’s after peeling off about 800 points last week. The stock market has done quite well under Trump in spite of what could best be described as a sluggish (sub 3% growth) economy.

 

[Harpy Eagle]

You call this booming????

This is what our financial markets have done since Trump started the trade war...this is not booming, this is stagnation.


DJI up 1.59% . An annual growth rate of 1.04%
S&P up 4.33%. An annual growth rate of 2.84%
NASDAQ up 12.56%. An annual growth rate of 8.23%
SmallCap 2000 down 3.99. An annual growth rate of -2.62

You need to check your numbers. They are blatantly wrong.

The day Trump took office the DJIA was just under 20,000. Today it’s over 26,000 and that’s after peeling off about 800 points last week. The stock market has done quite well under Trump in spite of what could best be described as a sluggish (sub 3% growth) economy.

I said since the start of the Trade War...do try and pay attention.

Trump issued his first tariffs on Jan 22, 2018.

Those numbers are since that day through Friday.

They are not wrong.

 

[Faun]

You call this booming????

This is what our financial markets have done since Trump started the trade war...this is not booming, this is stagnation.


DJI up 1.59% . An annual growth rate of 1.04%
S&P up 4.33%. An annual growth rate of 2.84%
NASDAQ up 12.56%. An annual growth rate of 8.23%
SmallCap 2000 down 3.99. An annual growth rate of -2.62

You need to check your numbers. They are blatantly wrong.

The day Trump took office the DJIA was just under 20,000. Today it’s over 26,000 and that’s after peeling off about 800 points last week. The stock market has done quite well under Trump in spite of what could best be described as a sluggish (sub 3% growth) economy.

1.29.2018: 26,439
8.02.2019: 26,485

 

[SAYIT]

That maybe a reminder of why you voted for him. I voted for him because of Hellary. You trumpeteers need to explain to me why our central bank just cut rates in a “booming” economy and stopped quantitative tightening well before they had planned to.

Because the Fed over did the rate increases last year, squeezing the money supply as the economy was expanding nicely.

“I am concerned we may have slightly overdone it with our December rate hike..." - Chairman Jerome Powell

 

[edthecynic]

July, job growth continuing to exceed expectations,

Funny how "expectations" change with the lying scum Right depending on who's president!
Tramp adds 164,000 new jobs in July and the economy is "booming beyond expectations."
But what were the "expectations" for Obama?

June 5, 2015
RUSH: From the moment Obama did his Porkulus, we needed 500,000 jobs a month just to stay even, and a little more than 500,000 jobs a month in order to grow the economy. And we haven't come close to 500,000 jobs in a month being created.
Not even close!

So what was the May jobs report released on June 5, 2015 that was so horrible?
"THE EMPLOYMENT SITUATION — MAY 2015 Total nonfarm payroll employment increased by 280,000 in May"

So 280,000 jobs created by Obama is horribly below "expectations," but 164,000 jobs under Tramp is "booming beyond expectations"

 

[MAGAman]

Again, these are the same people who believe the exporters pay tariffs. They’re as dumb as a box of hammers.

Kinda like the people that think corporations pay corporate taxes...

The same people that pay tariffs pay corporate taxes. The consumers. If you didn't know that, your as dumb as a box of hammers.

The difference is that corporate taxes makes American companies less competitive and tariffs make foreign companies less competitive. So which you support depends on whether or not you hate America.

 

[MAGAman]

only in the demented mind of a Trump worshiper can farmers losing 830 million be a good thing

Wow... A Leftist feigning concern over farmers...

You bring a tear to my eye. Now do miners..

 

[BuckToothMoron]

You call this booming????

This is what our financial markets have done since Trump started the trade war...this is not booming, this is stagnation.


DJI up 1.59% . An annual growth rate of 1.04%
S&P up 4.33%. An annual growth rate of 2.84%
NASDAQ up 12.56%. An annual growth rate of 8.23%
SmallCap 2000 down 3.99. An annual growth rate of -2.62

You need to check your numbers. They are blatantly wrong.

The day Trump took office the DJIA was just under 20,000. Today it’s over 26,000 and that’s after peeling off about 800 points last week. The stock market has done quite well under Trump in spite of what could best be described as a sluggish (sub 3% growth) economy.

I said since the start of the Trade War...do try and pay attention.

Trump issued his first tariffs on Jan 22, 2018.

Those numbers are since that day through Friday.

They are not wrong.

Oops, my bad. I did miss since the ‘start of the trade war’.

Oops, your bad. The trade war didn’t actually begin with the small tariffs imposed in Jan 18. To have a war their must be a dispute with responses. The Chinese did not engage in a trade war until April, which was the beginning of the trade war. Google it.

Btw- the DJIA is up over 10% since the beginning of the trade war, so yep, you’re still wrong.

 

[MAGAman]

Trump's economy is booming—repealing tariffs will boost it even more
Trump's economy is booming—repealing tariffs will boost it even more
08/04/19 07:00 AM EDT

You have probably heard the saying “If it ain’t broke, don’t fix it.”
That saying could be applied to our economy right now. In this regard, it seems that President Trump can do almost no wrong, with the Dow and S&P 500 hitting all-time highs in July, job growth continuing to exceed expectations, and unemployment at a 50-year low.
The catalyst for this booming economy can be found in the president’s regulation slashing early in his presidency and his signing of the Tax Cuts and Jobs Act, which put more money back in the hands of American companies and families........

ME: Just a reminder of why we voted for Trump. Promises Made, Promises Kept!
A booming economy. And the wall is starting to go up. Unemployment is at a 50 year low. God Bless Donald J Trump!

You really triggered the America-Haters.

 

[BuckToothMoron]

I suspect Trump will ease the trade war as Election Day approaches if the economy needs a boost, which I suspect it will.

 

[edthecynic]

Kinda like the people that think corporations pay corporate taxes...

The same people that pay tariffs pay corporate taxes. The consumers. If you didn't know that, your as dumb as a box of hammers.

The difference is that corporate taxes makes American companies less competitive and tariffs make foreign companies less competitive. So which you support depends on whether or not you hate America.

So that would make corporate taxes a de facto consumption tax, and so people who support the Fair Tax would be America haters.
Do you support the Fair Tax?

 

[AzogtheDefiler]

One good month a booming economy does not make.

Its been two great years you lying sack of shit. Unemployment is at an all time low you liar.

All you people can do is lie.

No, unemployment is not at an all time low. It's currently at 3.7%

It was lower than that in 1969...

The unemployment rate is the lowest it’s been since 1969. Here’s why

Historic black unemployment.

 

[AzogtheDefiler]

You call this booming????

This is what our financial markets have done since Trump started the trade war...this is not booming, this is stagnation.


DJI up 1.59% . An annual growth rate of 1.04%
S&P up 4.33%. An annual growth rate of 2.84%
NASDAQ up 12.56%. An annual growth rate of 8.23%
SmallCap 2000 down 3.99. An annual growth rate of -2.62

Again, these are the same people who believe the exporters pay tariffs. They’re as dumb as a box of hammers.

Still smarter than you, evil witch.

 

[Faun]

One good month a booming economy does not make.

Its been two great years you lying sack of shit. Unemployment is at an all time low you liar.

All you people can do is lie.

No, unemployment is not at an all time low. It's currently at 3.7%

It was lower than that in 1969...

The unemployment rate is the lowest it’s been since 1969. Here’s why

Historic black unemployment.

The previous low black unemployment rate was 7.0%. Black unemployment peaked at close to 17% following Bush's Great Recession. It came down 9.1 points under Obama to 7.7%; then another 0.8 points under trump to break the record.

Brain-dead cultists credit trump alone and castigate Obama.

 

[AzogtheDefiler]

One good month a booming economy does not make.

Its been two great years you lying sack of shit. Unemployment is at an all time low you liar.

All you people can do is lie.

No, unemployment is not at an all time low. It's currently at 3.7%

It was lower than that in 1969...

The unemployment rate is the lowest it’s been since 1969. Here’s why

Historic black unemployment.

The previous low black unemployment rate was 7.0%. Black unemployment peaked at close to 17% following Bush's Great Recession. It came down 9.1 points under Obama to 7.7%; then another 0.8 points under trump to break the record.

Brain-dead cultists credit trump alone and castigate Obama.

You mentioned Obama not I.
Explain that.

 

[AzogtheDefiler]

One good month a booming economy does not make.

Its been two great years you lying sack of shit. Unemployment is at an all time low you liar.

All you people can do is lie.

No, unemployment is not at an all time low. It's currently at 3.7%

It was lower than that in 1969...

The unemployment rate is the lowest it’s been since 1969. Here’s why

Historic black unemployment.

The previous low black unemployment rate was 7.0%. Black unemployment peaked at close to 17% following Bush's Great Recession. It came down 9.1 points under Obama to 7.7%; then another 0.8 points under trump to break the record.

Brain-dead cultists credit trump alone and castigate Obama.

Bureau of Labor Statistics Data

9.4% in Nov 2015.

 

[Harpy Eagle]

You call this booming????

This is what our financial markets have done since Trump started the trade war...this is not booming, this is stagnation.


DJI up 1.59% . An annual growth rate of 1.04%
S&P up 4.33%. An annual growth rate of 2.84%
NASDAQ up 12.56%. An annual growth rate of 8.23%
SmallCap 2000 down 3.99. An annual growth rate of -2.62

You need to check your numbers. They are blatantly wrong.

The day Trump took office the DJIA was just under 20,000. Today it’s over 26,000 and that’s after peeling off about 800 points last week. The stock market has done quite well under Trump in spite of what could best be described as a sluggish (sub 3% growth) economy.

I said since the start of the Trade War...do try and pay attention.

Trump issued his first tariffs on Jan 22, 2018.

Those numbers are since that day through Friday.

They are not wrong.

Oops, my bad. I did miss since the ‘start of the trade war’.

Oops, your bad. The trade war didn’t actually begin with the small tariffs imposed in Jan 18. To have a war their must be a dispute with responses. The Chinese did not engage in a trade war until April, which was the beginning of the trade war. Google it.

Btw- the DJIA is up over 10% since the beginning of the trade war, so yep, you’re still wrong.

The war started when the first shots are fired.

That it escalates later does not change when it started.

The reason it is up 10% since April is because it lost almost 9% in the two weeks after people realized Trump was stupid enough to start a trade war

 

[Harpy Eagle]

only in the demented mind of a Trump worshiper can farmers losing 830 million be a good thing

Wow... A Leftist feigning concern over farmers...

You bring a tear to my eye. Now do miners..

Farmers are my livelihood, I care greatly about them

 

[Harpy Eagle]

One good month a booming economy does not make.

Its been two great years you lying sack of shit. Unemployment is at an all time low you liar.

All you people can do is lie.

No, unemployment is not at an all time low. It's currently at 3.7%

It was lower than that in 1969...

The unemployment rate is the lowest it’s been since 1969. Here’s why

Historic black unemployment.

The previous low black unemployment rate was 7.0%. Black unemployment peaked at close to 17% following Bush's Great Recession. It came down 9.1 points under Obama to 7.7%; then another 0.8 points under trump to break the record.

Brain-dead cultists credit trump alone and castigate Obama.

Bureau of Labor Statistics Data

9.4% in Nov 2015.

Why did you repeat what he just posted?