This is my prediction. Some point after the DOW surpasses 25,000. We will hear from Joe Biden, and he will speak of the Stimulus, Obama-Care, and a three letter word. J O B S. Yes, thanks to the stimulus, we are having a killer economy producing 500,000 jobs a month!
Job Gains In
2017 Lag 2016 Numbers By An Average Of 13,000 Per
Month, Agency Says : The Two-Way U.S.
jobs growth has averaged 174,000 per
month so far in
2017, compared to an average
monthly gain of 187,000 in 2016, the Bureau of Labor Statistics says.Dec 8, 2017
November Jobs Report: Economy Adds 228,000 Jobs; Unemployment Steady
When something good happens, it's because of what my side has done.
When something bad happens, it's because of what your side has done.
Partisan Politics 101. Required curriculum.
.
A little REALITY CHECK for those on the right, and the left------------->
The economy was going to pick up, no matter who/whom was elected, and that is a true statement!
Why?
Because no matter how you cut it, the Obama policies were normalized. Business had built in his edicts, then after paying for his brilliance.......or nonsense.......depending upon how you want to look at it, they had paid the price, and now were ready for expansion.
So what is the difference then?
The difference is--------> that because Trump has alleviated a lot of the planning they had to do to fit their business model into the regulatory environment created, they are able to release more cash for expansion, paying stockholders, or both. Add to that the tax cut; like it or not, and you have a tailwind for rapid expansion of our economy!
I as an honest person, (at least I think I am) and have little doubt that the Hillary economy would have done quite well also. Its' expansion would also have dwarfed the Obama economy by virtually all numbers. This because business......as I have stated...........had built in the new outlays that Obama had mandated. In all fairness to both sides, I would have expected the Hillary economy to average somewhere around 3.2% over the 1st 2 years; maybe even slightly more.
But, with Trump at the helm, AND the tax breaks to write off machinery quicker, (yeah, I know, those evil company rich people) I expect it to go over 4% quickly, IF......and that is a big IF, we can avoid a war.
I also expect the expansion to be more uneven, as is always the case in a more unregulated market. More over all growth.......yes...........but nowhere near as much consistency. Such is the nature of the beast, like it or not. We are going to see MASSIVE amounts of outlays for new equipment for factories this year, just in case the Democrats get control of congress in the midterms, and can roll some of the breaks back.
So I ask ya. Have you ever seen a post that will be panned by both left and right like this?!?!?! Hillary would have done good, Trump is doing good, but of course, the partisans will pan it because any mention that their opposite side would have/is doing good is a non-starter, correct?
Well, many of you may know politics, but the economy; and what effect things have long term/short term, not so much-)