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

You pinheads have not disproven the OP. It still stands unrefuted

Your head being so far up Trump's ass is depriving you of oxygen and thus the ability to be rational.

The manufacturing sector shrunk for August for the first time in a decade.
 
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National Farmers Union condemns new tariffs: 'Trump is making things worse'

The National Farmers Union (NFU) on Friday hammered President Trump over his escalating trade war with China, saying he is "making things worse."

"nstead of looking to solve existing problems in our agricultural sector, this administration has just created new ones. Between burning bridges with all of our biggest trading partners and undermining our domestic biofuels industry, President Trump is making things worse, not better."

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It was farmers that put Trump over the top last time. There’s going to be a lot less farmers this time because trumps policies bankrupted them.

Whatever problems they had before, trump ruined their lives.
 
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
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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!
 
Trump inherited a booming economy with low unemployment and steady job growth — an easy win on day one — and he quickly claimed credit. Early in his presidency, Trump boasted about job gains starting from his election onward, crediting Obama's final months as his own. Let our news meet your inbox.

Fact check: Did Trump pull off an 'economic turnaround?'

The economy was, however, struggling when Obama took office in 2009. He inherited a dismal economy in the middle of a recession that lasted 18 months, facing what many feared would be a depression, and was able to turn it around in the first years of his presidency. The U.S. is now its 10th year of economic growth, and in its longest period of growth with 95 straight months of job creation. The bulk of that decade of growth was under Obama’s presidency, and can fairly be credited to him.

Still, as Trump accurately points out, the recovery under Obama was marked by a slower rate of growth than what followed previous recessions, such as the recovery under President Ronald Reagan in 1983 and 1984.

But, what about the Trump effect?
Trump's supporters say he's supercharged the economy. Now in the second year of his presidency, he has passed a major tax bill and rolled back a significant number of regulations, giving the economy another injection of capital — though economists disagree on the how much the tax cuts will really benefit the larger economy and whether it will have lasting effects to the economy.

Trump has surely seen some impressive data points in his first term: GDP growth has reached 4.2 percent, unemployment has reached its lowest point in half a century, and the stock market has reached new heights.

The president and his administration have been eager to tout the numbers. Kevin Hassett, chairman of the Council of Economic Advisers, kicked off the White House press briefing on Monday with a slew of charts. He said the growth is not an extension of a trend, but rather a "clear upward trajectory, way above the trend."

Economists aren't buying it: While the tax cuts probably helped inject some cash into the economy — particularly the stock market — the country has largely maintained the growth it saw under Obama.

Fact check: Did Trump pull off an 'economic turnaround?'

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