harmonica
Diamond Member
- Sep 1, 2017
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and we do accept him----hahahahhahahahhahahah
Economy grows by 3.2% beating expectations !
- Thread starter DigitalDrifter
- Start date
/----/ You never cite Rassmussen - only a monthly poll of Reuters. Why is that?
The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 49% of Likely U.S. Voters approve of President Trump’s job performance.
georgephillip
Diamond Member
skews13
Diamond Member
- Mar 18, 2017
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Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
Yep. The sugar high economy. You can add and cut a percentage point to growth numbers simply by adding and removing trade tariffs at given times of the year. Watch what happens with the tariffs currently in place on China, and European imports as we get closer to the election next year. It will be like magic.
The first-quarter GDP figure was boosted by temporary factors such as a boost in inventories and a slowdown in imports. Once those wear off, many forecasters expect GDP growth to cool to around 2%.
Non-residential fixed investment slowed in the first quarter. A report from the Commerce Department on Thursday showed a decline in shipments of core capital goods last month. That’s an indication of slowing business investment, although there were also signs of a possible rebound later this year.
/----/ "But we are at 3.2% gross domestic product, economic growth, as I say, after months and months of being told that the sugar high of the Trump tax cuts was gonna wear off quickly and that the economy would never get over 2%. The media found expert after expert after expert, and they all in unison said there was no way, given Trump’s tax cuts, that the economy was gonna grow faster than 2%. And maybe even 1%. Some of them said maybe even 1% because the Trump tax cuts are gonna be such a drag on the economy. Tax cuts a drag on the economy; tax increases boost economic growth. This is what the left would have you believe." - Rush
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
Yep. The sugar high economy. You can add and cut a percentage point to growth numbers simply by adding and removing trade tariffs at given times of the year. Watch what happens with the tariffs currently in place on China, and European imports as we get closer to the election next year. It will be like magic.
The first-quarter GDP figure was boosted by temporary factors such as a boost in inventories and a slowdown in imports. Once those wear off, many forecasters expect GDP growth to cool to around 2%.
Non-residential fixed investment slowed in the first quarter. A report from the Commerce Department on Thursday showed a decline in shipments of core capital goods last month. That’s an indication of slowing business investment, although there were also signs of a possible rebound later this year.
Economy Grows at 3.2% Despite Left’s Predictions of Doom and Gloom
georgephillip
Diamond Member
Daily Presidential Tracking Poll - Rasmussen Reports®
"The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 49% of Likely U.S. Voters approve of President Trump’s job performance. Forty-nine percent (49%) disapprove.
"The latest figures include 34% who Strongly Approve of the job Trump is doing and 39% who Strongly Disapprove. This gives him a Presidential Approval Index rating of -5. (see trends)."
What numbers did Rasmussen report in November 2016?
ThunderKiss1965
Diamond Member
Consumers using credit cards to buy shit they don't need, how the **** is that the Presidents fault ?
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
And Hillary had +10 on the Donald before the election. Are you really going down the same road again?
jknowgood
Diamond Member
Obama is out of office, please keep up.
Rustic
Diamond Member
- Oct 3, 2015
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- Banned
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Lol
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
Dumbass, We are past the point of no return decades ago, when it comes to national debt.
Weatherman2020
Diamond Member
/---/ Rasmussen polled who people thought would win - polling how they will vote is a different thing altogether. But nice try.
Voters Predict Clinton Will Beat Trump - Rasmussen Reports®
The presidential race between Democrat Hillary Clinton and Republican Donald Trump has been tight nationally for months, but a majority of voters think Clinton will win the election. 1* Which major party presidential candidate is most likely to win the election – Hillary Clinton or Donald Trump?
Roudy
Diamond Member
- Mar 16, 2012
- 63,086
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Actually he's enjoying record high approvals of up to 51%, according to a few polls that got the 2016 election right, not the fake Leftist bullshit polls that not only got the election wrong but are now reporting more fake polls about Trump's low approvals.
Roudy
Diamond Member
- Mar 16, 2012
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Strange you should say that because clearly Democrats accepted and voted for the fraud, liar, conman amoral POS named Obama and were promoting Hillary who was just as bad....
Roudy
Diamond Member
- Mar 16, 2012
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People have more money to spend, real estate is up again, world is a far more secure and stable place, ISIS decapitated, N. Korea calm, record low unemployment, record high women and minorities working. All of this occurring under Trump. Deal with it!
RealDave
Gold Member
- Sep 28, 2016
- 26,521
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When was Obama in court defending a fraud allegation? What fraud did he commit. Come on, big mouth=, let's hear it. Trump had to settle a fraud case with Trump U.
No one lies more than Trump. No one.
Obama is amoral? Really. Tell me how.
Or are you just an 8 year old who runs around screaming "I know you are but what am I"?
/----/ "Consumers using credit cards to buy shit they don't need, "Consumers using credit cards to buy shit they don't need, how the **** is that the Presidents fault ?
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
I used my credit card to buy fertilizer I need for the lawn - does that count?
RealDave
Gold Member
- Sep 28, 2016
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Borrowing money & handing a low percentage to working people & the rest to the wealthy & well off corporations to pump up the economy is short term effect for long term, debt.
You are like the guy who says " my wife runs up my credit cards, ***** every guy she can, the house is never cleaned, my kids run rampant but hey, she makes a mean meatloaf."
Roudy
Diamond Member
- Mar 16, 2012
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Idiot, the only reason got elected was because the country was fed up with Obama, his ideology, and his lies. And he will get reelected, because of the same reasons.
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