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

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 economy to boom in 2020: Big-money managers

Big money managers are expecting the Trump economy to get even hotter in 2020, according to a new investor survey.
A net 29 percent of fund managers questioned by Bank of America expect global growth to improve over the next year, and many are betting on gains in American technology and growth stocks, along with government bonds. The reading was a “big reversal” from the 50 percent who expected growth to weaken in June, and it capped off a two-month gain of 66 percent, according to chief investment strategist Michael Harnett. He added a net 68 percent of respondents say “recession is unlikely in 2020.”
 
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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

Did your Democrap socialist economic calculator gin up those numbers or did you pull them out of your ass?

No link = pulled out of your ass
 
Year in Review: Strong Job Market and Consumer Spending Boost Economy as 2019 Wraps Up
This article is part of a special Epoch Times series reviewing 2019
December 22, 2019

Year in Review: Strong Job Market and Consumer Spending Boost Economy as 2019 Wraps Up

The economy is finishing the year in stronger shape, thanks in part to resilient consumers and a healthy job market. With near-record low unemployment and solid wage growth, the U.S. labor market is expected to continue to underpin consumer spending and the economy.

The Commerce Department said Friday that the total output of goods and services, or the gross domestic product (GDP), expanded at an annual rate of 2.1 percent in the July-September quarter. “The economy is still solid,” said Diane Swonk, chief economist at Grant Thornton
........

ME: Thank you President Trump for a great 2019. Four More Years!!!
 
NBC News
Trump's economy is roaring. Will it carry him in 2020?

Trump's economy is roaring. Will it carry him in 2020?

WASHINGTON — There's really only one word — "boom!" — to describe the economic picture surrounding President Donald Trump 18 months away from the 2020 election.

On Friday, the Labor Department announced that the economy added 263,000 jobs and hourly wages grew by two-tenths of a percent in April. The unemployment rate — 3.6 percent — is at its lowest level since December 1969, before the births of nine of the Democrats running for his job.

The Dow Jones Industrial Average index of top stocks has been hovering near its record high in recent days, gross domestic product rose by 3.2 percent in the first quarter, and while some Democratic candidates are making the case that income inequality means that most Americans aren't feeling real benefits from the big numbers, that message is competing both with the broader figures and other topics.

Trump's allies see a president who is competently leading the country in the right direction on jobs and the economy, the issues that typically matter most to voters, and a Democratic Party arguing for a 180-degree pivot at its own peril.
 

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