Economy is Great: Do Not Believe Leftist Lies

[sparky]

any country who's GND exceeds their GNP is toast

~S~

 

[Terri4Trump]

any country who's GND exceeds their GNP is toast
~S~

I agree. The debt is horrible and dangerous. Now, you tell me how a balanced budget will ever get passed.

 

[Harpy Eagle]

any country who's GND exceeds their GNP is toast
~S~

I agree. The debt is horrible and dangerous. Now, you tell me how a balanced budget will ever get passed.

It never will because the voters of neither party require it from the people they vote for. Both sides give their elected officials a free pass

 

[Terri4Trump]

neither can the Debt, and these are the Best of Tax Cut Economics times. U.S. National Debt Clock : Real Time

I do not deny that. I am on my way to work so I cannot elaborate now, but I will bookmark this and elaborate later why I think the Dem,s are still the villains on that topic. I can tell you now, it the difference between spending stuff you have to spend on vs. stuff you DONT have to spend on

Continued:
When wars or disasters befall us we must spend money on them: We have no choice.
But green bullshit and political boondoggles like Solyndra should always be avoided.

Furthermore, the Democrats are the one who stand in the way of balanced budget. The minute the GOP utters a peep about cutting spending, the Left goes on their usual rant about us starving your grandma and starving your children and wanting dirty air & dirty water.

The Left is ultimately to blame for the Debt.

 

[Faun]

neither can the Debt, and these are the Best of Tax Cut Economics times. U.S. National Debt Clock : Real Time

I do not deny that. I am on my way to work so I cannot elaborate now, but I will bookmark this and elaborate later why I think the Dem,s are still the villains on that topic. I can tell you now, it the difference between spending stuff you have to spend on vs. stuff you DONT have to spend on

Continued:
When wars or disasters befall us we must spend money on them: We have no choice.
But green bullshit and political boondoggles like Solyndra should always be avoided.

Furthermore, the Democrats are the one who stand in the way of balanced budget. The minute the GOP utters a peep about cutting spending, the Left goes on their usual rant about us starving your grandma and starving your children and wanting dirty air & dirty water.

The Left is ultimately to blame for the Debt.

Fucking imbecile, the right has had control of the House for 20 of the last 25 years. For 8 of those years, they had control of the House, Senate and Executive branch. The only years during that period where spending was cut was FY2010 (D-D-D), FY2012 (R-D-D) and FY2013 (R-D-D). And those cuts were nominal and FY2013 was due to the sequester.

Blaming all this on Democrats only reveals what an idiot you are. Both parties are to blame.

 

[Terri4Trump]

The OP stands as un-refuted FACT::

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

 

[Mac1958]

And back in reality world, markets are hoping that the Fed still has the pull to stimulate the economy from where it is now.

25bps was never going to be enough. They're expecting 50bps now.

Unfortunately, the Fed doesn't have much room on the down side to play with. They needed more growth to create soon room.
.

 

[Terri4Trump]

US retail sales rise more than expected in August as auto sales surged
US retail sales rise more than expected in August as auto sales surged

U.S. retail sales rose more than expected in August boosted by purchases of new autos and building supplies, suggesting the economy remained strong, even as fears over an impending slowdown continued to mount.
The Commerce Department said on Friday that retail sales climbed by 0.4 percent in August, well above analyst expectations of 0.2 percent, on the heels of blowout data in July, when households boosted purchases of cars and clothing

 

[Terri4Trump]

Fucking imbecile.......

Yes you are, and then some.

U.S. Retail Sales | 2019 | Data | Chart | Calendar | Forecast | News

 

[Faun]

Fucking imbecile.......

Yes you are, and then some.

U.S. Retail Sales | 2019 | Data | Chart | Calendar | Forecast | News

LOL

A rightard stretches its wits to its mighty limits only to come up with, I know you are but what am I?




... but g'head rightard, keep blaming Democrats while Republicans controlled the House for 20 of the last 25 years.

 

[Terri4Trump]

Once again: To understand this thread, all six points must be read in the article:

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

 

[Terri4Trump]

Consumer Spending Update: Consumer Confidence Remains Near Five-Year Highs
Consumer Spending Update: Consumer Confidence Remains Near Five-Year Highs - Rasmussen Reports®

Friday, September 13, 2019

The Rasmussen Reports Economic Index held steady at 140.8 in September, virtually unchanged from last month and still among 2019's highs to date.

Enthusiasm about the economy started to grow immediately following Donald Trump's election as president in November 2016 and spiked to 145.9 in February 2018. By comparison, in President Obama’s final years in office, this index reached a high of 121.5 in January 2015 and was at 108.1 his last month in the White House.

 

[Terri4Trump]

ME: We all know why the Left is screaming "Nazi" and "Racist" every day, its because they cannot touch Trump on the economy. Greatest jobs numbers in 50 years for God's sake!! Here is a great article on Economic points to look at:

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

2) In Second Quarter 2019, GDP Growth Was 2.1% = Ideal
The economy is measured by gross domestic product. That's the dollar value of everything produced in the last year. The most important indicator is GDP growth, which compares this quarter with the last. If the economy is healthy, then GDP growth will be between 2-3%. If it's above 3%, then it could be overheating. When it's below 2%, then it's in danger of contraction. If it's below zero, then it's in a recession.

REPORT: Over A Million Households Have Risen To Middle Class Under Trump, According To Census Data

 

[Harpy Eagle]

ME: We all know why the Left is screaming "Nazi" and "Racist" every day, its because they cannot touch Trump on the economy. Greatest jobs numbers in 50 years for God's sake!! Here is a great article on Economic points to look at:

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

2) In Second Quarter 2019, GDP Growth Was 2.1% = Ideal
The economy is measured by gross domestic product. That's the dollar value of everything produced in the last year. The most important indicator is GDP growth, which compares this quarter with the last. If the economy is healthy, then GDP growth will be between 2-3%. If it's above 3%, then it could be overheating. When it's below 2%, then it's in danger of contraction. If it's below zero, then it's in a recession.

REPORT: Over A Million Households Have Risen To Middle Class Under Trump, According To Census Data

Fake news from the GWP...

From the actual CB press release on Sept 10th.

Income, Poverty and Health Insurance Coverage in the U.S.: 2018

The U.S. Census Bureau announced today the median household income was not statistically different from the 2017 median, and the official poverty rate decreased 0.5 percentage points from 2017. At the same time, the rate and number of people without health insurance increased from 7.9%, or 25.6 million, in 2017 to 8.5%, or 27.5 million, in 2018.
Median household income was $63,179 in 2018, not statistically different from the 2017 median, following three consecutive years of annual increases.

 

[Terri4Trump]

THIS: REPORT: Over A Million Households Have Risen To Middle Class Under Trump, According To Census Data

PLUS THIS: We all know why the Left is screaming "Nazi" and "Racist" every day, its because they cannot touch Trump on the economy. Greatest jobs numbers in 50 years for God's sake!! Here is a great article on Economic points to look at:

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

 

[edthecynic]

ME: We all know why the Left is screaming "Nazi" and "Racist" every day, its because they cannot touch Trump on the economy. Greatest jobs numbers in 50 years for God's sake!! Here is a great article on Economic points to look at:

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

2) In Second Quarter 2019, GDP Growth Was 2.1% = Ideal
The economy is measured by gross domestic product. That's the dollar value of everything produced in the last year. The most important indicator is GDP growth, which compares this quarter with the last. If the economy is healthy, then GDP growth will be between 2-3%. If it's above 3%, then it could be overheating. When it's below 2%, then it's in danger of contraction. If it's below zero, then it's in a recession.

REPORT: Over A Million Households Have Risen To Middle Class Under Trump, According To Census Data

FAKE NEWS!

 

[Faun]

ME: We all know why the Left is screaming "Nazi" and "Racist" every day, its because they cannot touch Trump on the economy. Greatest jobs numbers in 50 years for God's sake!! Here is a great article on Economic points to look at:

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

2) In Second Quarter 2019, GDP Growth Was 2.1% = Ideal
The economy is measured by gross domestic product. That's the dollar value of everything produced in the last year. The most important indicator is GDP growth, which compares this quarter with the last. If the economy is healthy, then GDP growth will be between 2-3%. If it's above 3%, then it could be overheating. When it's below 2%, then it's in danger of contraction. If it's below zero, then it's in a recession.

REPORT: Over A Million Households Have Risen To Middle Class Under Trump, According To Census Data

FAKE NEWS!

LOL

Terri's a joke. She now claims 2.1% GDP growth is "ideal."

Well GDP growth under Obama during his last 7 years in office was 2.4%. Even better than ideal.

 

[Terri4Trump]

Poor socialists, their anti-Trump world is crumbling around them

 

[Mac1958]

When a poster thinks that hardcore winger websites are an actual source of "news" and "information", when they clearly don't recognize the difference between fact and opinion, you know there's nothing there to work with.

They're operating on incomplete and flawed information, but they don't realize it. So there's just nothing you can say.

 

[Terri4Trump]

When a poster thinks that hardcore winger websites are an actual source of "news" and "information"..........

Sorry, but you have that ass backwards dipshit, CNN, NBC and their ilk are Fake News. I quote from honest news. Its no surprise that a socialist imbecile like you would not know the difference. Thats why all your posts are so fucking stupid. Well, that plus the fact that you ARE stupid