Economy Reaches Longest Expansion in U.S. History

You are aware that someone besides tRump presided over most of that?

I am aware that when the numbers are drilled down into, that Obama's gains were fake and based on smoke and mirrors and Trump's are not. Growth under Obama was based on inflated government spending especially in healthcare,m and the jobs he created were only part time. It looks good on a graph but does not help real people.

Trump has brought back real growth are real jobs. Maybe you should go get a job and shut your faggot ass piehole.

you give her far too much credit. Her entire world started the day Trump won the election.

And you punk coward ass can shut up., bitch

Hey stuypid: Trump's numbers are even phonier than Obama's are.

The stock market values are being increased by stock buy-backs, not growth or expansion. The economy is perking right along because of the near record deficit spending by the President. Trump has is running the economy at top speed with no brakes just to get GDP growth that is lower than Obama's, but the benefits of this massive economic ploy are the wealthy, not everyday Americans.
 
The OP stands as un-refuted fact:

Economy Reaches Longest Expansion in U.S. History in Third Quarter of 2019, Beats Market Expectations

Economy Reaches Longest Expansion in U.S. History in Third Quarter of 2019, Beats Market Expectations

The current economic expansion, which began roughly a decade ago, became the longest in U.S. history on July 1, 2019, beating the previous record that lasted from March 1991 through March 2001. As today’s advance Gross Domestic Product (GDP) release confirms, economic growth continued in the third quarter of 2019, beating market expectations and adding to the expansion’s record length. The release also confirms that the Trump Administration’s policies support sustained economic growth and lead to higher incomes for American families.

In its final projection before the 2016 election, the Congressional Budget Office (CBO) estimated that real GDP would grow at a 2.1 percent annual rate in the first 11 quarters of a new Administration. Instead, under President Trump, real GDP as of the third quarter has grown at a strong 2.6 percent annual rate since the election. As of the third quarter, real GDP is $230 billion—or 1.2 percent—higher than CBO’s projection (Figure 1). Furthermore, under President Obama’s expansion period, real GDP grew at only a 2.2 percent annual rate compared to the Trump Administration’s 2.6 percent r
ate.

Figure-1-Real-GDP-Actual-vs-Projected-2016-19-820x492.png



ME: Yes I know this is a couple of months old but the historic landmark of the Economy Reaching the Longest Expansion in U.S. History is important to note in the current climate.
 
Two Years On, Tax Cuts Continue Boosting the United States Economy
Two Years On, Tax Cuts Continue Boosting the United States Economy | The White House

December 22 marks 2 years since President Donald J. Trump signed the Tax Cuts and Jobs Act (TCJA). TCJA’s pro-growth reforms of individual and corporate taxes were the largest tax cut in United States history. Additionally, since TCJA’s passage, United States multinational enterprises have repatriated $1 trillion in past overseas earnings that were previously invested abroad.

Prior to TCJA’s passage, CEA made a number of predictions about the legislation’s long-term effects on economic growth, business investment, wages, and the labor market. Though TCJA’s full economic benefits will require additional time to materialize, CEA’s projections have been largely borne out.

A major TCJA provision allows businesses to immediately and fully deduct the cost of new capital investments, enabling them to invest more in their operations. CEA predicted an initial increase in the investment growth rate during the transition to an elevated steady state.

Investment levels have been notably higher in the post-TCJA period than Blue Chip’s pre-TCJA projections from October 2016. In 2018, investment was 4.5 percent higher than the projections. In 2019, investment was 3.3 percent higher than the projections and the capital stock is on track to expand across each major asset class (equipment, structures, and intellectual property products).

Additionally, TCJA provided much needed tax relief for America’s small businesses by letting certain pass-through entities deduct 20 percent of their qualified business income. As a result, over 80 percent of small firms believe that TCJA had a significant impact on the economy and over 50 percent believe it had a positive effect on their business, according to the National Federation of Independent Business.

CEA estimated that a drop in the corporate tax rate would increase average United States household income by $4,000 over 5 or so years. The individual tax cuts, which were not included in CEA’s $4,000 forecast, also boosted disposable income for most households. For example, this year, TCJA’s doubling of the child tax credit will benefit 40 million American families, each receiving an average of over $2,200 dollars.

Altogether, real disposable personal income per household has risen by about $6,000 since TCJA was signed into law. Of that, our best estimate is that $1,500 to $2,900 (in real 2019 dollars) is due to the combination of TCJA’s individual and corporate tax reforms, meaning that a substantial portion of our estimated five-year income gains of $4,000 have already been realized.

The $1,500 lower-bound estimate is based on the divergence of real salary and wage compensation per household—a pre-tax measure that reflects corporate tax cuts, but not individual tax cuts—from the Congressional Budget Office’s (CBO) final pre-TCJA projections in June 2017 (shown in the figure below). The $2,900 upper-bound estimate is based on the divergence of real disposable personal income per household—a post-tax measure that incorporates the effects of both corporate and individual tax cuts—from the March 2017 Blue Chip projections.

By increasing businesses investment and worker earnings, TCJA has also supported today’s strong labor market. The United States unemployment rate continues to fall below pre-2016 election forecasts and reached 3.5 percent this year, the lowest rate in a half-century. A surge in labor demand means that for the first time since job openings data began to be collected, there are more job openings than unemployed people. Openings have now outpaced unemployed people for 20 straight months.


View attachment 295920
View attachment 295921

3.21 trillion dollars added to the national debt since the signing of the tax cut...
And spent on making unemployment melt away, give the average family the highest income they ever had, and over 80% of Americans PENSIONS WHICH DEPEND ON THE STOCK MARKET GO UP!....How much debt did the Surrender Monkey add ....let me tell you and it did NOTHING BUT PUT MONEY INTO HIS FRIENDS AND DONORS POCKETS!...The U.S. debt increased $9 trillion during the 8 years Obama was in office.... NEED A LINK LITTLE COMMIE?
 
And spent on making unemployment melt away, give the average family the highest income they ever had, and over 80% of Americans PENSIONS WHICH DEPEND ON THE STOCK MARKET GO UP!....How much debt did the Surrender Monkey add ....let me tell you and it did NOTHING BUT PUT MONEY INTO HIS FRIENDS AND DONORS POCKETS!...The U.S. debt increased $9 trillion during the 8 years Obama was in office.... NEED A LINK LITTLE COMMIE?

Thank you.

I appreciate you highlighting the fact our economy is so weak we need 3 trillion dollars worth of debt to make those things happen.

I do not need a link to Obama's debt, it is one of many reasons I rank him as the 2nd worst POTUS in history. Sadly Trump is only slightly better.
 
You are aware that someone besides tRump presided over most of that?

I am aware that when the numbers are drilled down into, that Obama's gains were fake and based on smoke and mirrors and Trump's are not. Growth under Obama was based on inflated government spending especially in healthcare,m and the jobs he created were only part time. It looks good on a graph but does not help real people.

Trump has brought back real growth are real jobs. Maybe you should go get a job and shut your faggot ass piehole.

you give her far too much credit. Her entire world started the day Trump won the election.

And you punk coward ass can shut up., bitch

Hey stuypid: Trump's numbers are even phonier than Obama's are.

The stock market values are being increased by stock buy-backs, not growth or expansion. The economy is perking right along because of the near record deficit spending by the President. Trump has is running the economy at top speed with no brakes just to get GDP growth that is lower than Obama's, but the benefits of this massive economic ploy are the wealthy, not everyday Americans.
Another KNOW NOTHINGVBUT LEFTVWONG TALKINGVPOINTS....You suck at this political and economic game!....

Thanks to Trump, Median Household Income at Highest Level Ever
upload_2019-12-21_10-14-45.jpeg
Real median household income has grown by $4,144 or 6.8 percent since ... That's the highest level ever and a gain of $4,144, or 6.8%, since Mr. Trump took ...

So you leftists shits are, as usual lying hating mental defectives!!!
 
You are aware that someone besides tRump presided over most of that?

I am aware that when the numbers are drilled down into, that Obama's gains were fake and based on smoke and mirrors and Trump's are not. Growth under Obama was based on inflated government spending especially in healthcare,m and the jobs he created were only part time. It looks good on a graph but does not help real people.

Trump has brought back real growth are real jobs. Maybe you should go get a job and shut your faggot ass piehole.

you give her far too much credit. Her entire world started the day Trump won the election.

And you punk coward ass can shut up., bitch

Hey stuypid: Trump's numbers are even phonier than Obama's are.

The stock market values are being increased by stock buy-backs, not growth or expansion. The economy is perking right along because of the near record deficit spending by the President. Trump has is running the economy at top speed with no brakes just to get GDP growth that is lower than Obama's, but the benefits of this massive economic ploy are the wealthy, not everyday Americans.
Another KNOW NOTHINGVBUT LEFTVWONG TALKINGVPOINTS....You suck at this political and economic game!....

Thanks to Trump, Median Household Income at Highest Level Ever
View attachment 295928
Real median household income has grown by $4,144 or 6.8 percent since ... That's the highest level ever and a gain of $4,144, or 6.8%, since Mr. Trump took ...

So you leftists shits are, as usual lying hating mental defectives!!!

Yep...it as not going up at all before your god made it to the White House...

Oh wait...

upload_2019-12-21_9-16-46.png
 
You are aware that someone besides tRump presided over most of that?

I am aware that when the numbers are drilled down into, that Obama's gains were fake and based on smoke and mirrors and Trump's are not. Growth under Obama was based on inflated government spending especially in healthcare,m and the jobs he created were only part time. It looks good on a graph but does not help real people.

Trump has brought back real growth are real jobs. Maybe you should go get a job and shut your faggot ass piehole.

you give her far too much credit. Her entire world started the day Trump won the election.

And you punk coward ass can shut up., bitch

I will say this for you Terri69Trump- you are likely the most blatantly partisan poster here. I guess abject partisanship is a good choice when you lack the ability to understand subtly.
 
You are aware that someone besides tRump presided over most of that?

I am aware that when the numbers are drilled down into, that Obama's gains were fake and based on smoke and mirrors and Trump's are not. Growth under Obama was based on inflated government spending especially in healthcare,m and the jobs he created were only part time. It looks good on a graph but does not help real people.

Trump has brought back real growth are real jobs. Maybe you should go get a job and shut your faggot ass piehole.

you give her far too much credit. Her entire world started the day Trump won the election.

And you punk coward ass can shut up., bitch
You are hilarious.

I mean seriously, you're so bad at this, I laugh out loud almost every time you post!
 
The Federal budget needs to be cut in half immediately. As we are going now, our entire economy will crash within a decade.

This is a mathematical certainty.

Most people are too stupid to understand economics.

Out debt to GDP ratio is currently 106%.

That is bananas and unsustainable. The Dimm candidates are never asked what they will do to reduce the debt.

United States Gross Federal Debt to GDP | 2019 | Data | Chart | Calendar
 
I will say this for you Terri69Trump- you are likely the most blatantly partisan poster here. I guess abject partisanship is a good choice when you lack the ability to understand subtly.

I tell the truth. I can't help it if the truth stands on the side of the Republicans. Harry Truman and JFK are dead, and their Democrat Party died with them.
Today's Democrat Socialists are a party that promotes infanticide and socialism, gay marriage, transgender perverts, gender fluidity nonsense, destroying the 2nd amendment, and benefits for illegal aliens. If you disagree with them they have their Antifa Sturmentroopin in the street to beat you down.

I stand with the party of traditional values, free markets, and liberty, and I stand with the president who has given us the lowest unemployment numbers in 50 years, a booming economy, and is rebuilding our military.

YOU lack the ability to understand basic rights and wrongs. Fuck your subtly

tf.jpg
 
And spent on making unemployment melt away, give the average family the highest income they ever had, and over 80% of Americans PENSIONS WHICH DEPEND ON THE STOCK MARKET GO UP!....How much debt did the Surrender Monkey add ....let me tell you and it did NOTHING BUT PUT MONEY INTO HIS FRIENDS AND DONORS POCKETS!...The U.S. debt increased $9 trillion during the 8 years Obama was in office.... NEED A LINK LITTLE COMMIE?

Thank you.

I appreciate you highlighting the fact our economy is so weak we need 3 trillion dollars worth of debt to make those things happen.

I do not need a link to Obama's debt, it is one of many reasons I rank him as the 2nd worst POTUS in history. Sadly Trump is only slightly better.
Thank the Surrender Monkey and his team. Like GRUBER WHO ADDED ROUGHLY $2500 TO EVERYONES MEDICAL CARE AND THEN THE MANDATE if you couldn't afford that horrible increase, and the COPAY that was idiotically high, yet this worlds best economy you yell about...you, are a fucking, lying, retarded piece of shit....get your head out of your ass or get the fuck to Canada if you want socialized medicine and JOB LOSSES...

Canada loses 71,200 jobs in biggest employment drop in decade | Financial Post
Dec 6, 2019 · The economy lost 71,200 jobs in November, Statistics Canada said Friday in Ottawa, following a decline of 1,800 in the prior month. That pares the total number of jobs added this year to around 285,100.

God, you pathetic communists actually need to LIVE what you believe...Cuba is warm!
 
The Federal budget needs to be cut in half immediately. As we are going now, our entire economy will crash within a decade.

This is a mathematical certainty.

Most people are too stupid to understand economics.

Out debt to GDP ratio is currently 106%.

That is bananas and unsustainable. The Dimm candidates are never asked what they will do to reduce the debt.

United States Gross Federal Debt to GDP | 2019 | Data | Chart | Calendar

The Dems have never pretended to care about the debt.

The Repubs on the other hand lie to you folks and tell you they care...but their actions show otherwise
 
Economy Reaches Longest Expansion in U.S. History in Third Quarter of 2019, Beats Market Expectations
Economy Reaches Longest Expansion in U.S. History in Third Quarter of 2019, Beats Market Expectations

The current economic expansion, which began roughly a decade ago, became the longest in U.S. history on July 1, 2019, beating the previous record that lasted from March 1991 through March 2001. As today’s advance Gross Domestic Product (GDP) release confirms, economic growth continued in the third quarter of 2019, beating market expectations and adding to the expansion’s record length. The release also confirms that the Trump Administration’s policies support sustained economic growth and lead to higher incomes for American families.

In its final projection before the 2016 election, the Congressional Budget Office (CBO) estimated that real GDP would grow at a 2.1 percent annual rate in the first 11 quarters of a new Administration. Instead, under President Trump, real GDP as of the third quarter has grown at a strong 2.6 percent annual rate since the election. As of the third quarter, real GDP is $230 billion—or 1.2 percent—higher than CBO’s projection (Figure 1). Furthermore, under President Obama’s expansion period, real GDP grew at only a 2.2 percent annual rate compared to the Trump Administration’s 2.6 percent r
ate.

Figure-1-Real-GDP-Actual-vs-Projected-2016-19-820x492.png



ME: Yes I know this is a couple of months old but the historic landmark of the Economy Reaching the Longest Expansion in U.S. History is important to note in the current climate.


Nice. And every day of it liberals woke up and said "please let the economy crash today".
 
Take the trillions that the Fed has pumped out of the economy and we are well into the negative.

The vast majority of posters here have no idea the mess the Fed has created for them, and when it inevitably starts to unravel, the ignorant masses will blame whomever is sitting in the White House.
 
And spent on making unemployment melt away, give the average family the highest income they ever had, and over 80% of Americans PENSIONS WHICH DEPEND ON THE STOCK MARKET GO UP!....How much debt did the Surrender Monkey add ....let me tell you and it did NOTHING BUT PUT MONEY INTO HIS FRIENDS AND DONORS POCKETS!...The U.S. debt increased $9 trillion during the 8 years Obama was in office.... NEED A LINK LITTLE COMMIE?

Thank you.

I appreciate you highlighting the fact our economy is so weak we need 3 trillion dollars worth of debt to make those things happen.

I do not need a link to Obama's debt, it is one of many reasons I rank him as the 2nd worst POTUS in history. Sadly Trump is only slightly better.
Thank the Surrender Monkey and his team. Like GRUBER WHO ADDED ROUGHLY $2500 TO EVERYONES MEDICAL CARE AND THEN THE MANDATE if you couldn't afford that horrible increase, and the COPAY that was idiotically high, yet this worlds best economy you yell about...you, are a fucking, lying, retarded piece of shit....get your head out of your ass or get the fuck to Canada if you want socialized medicine and JOB LOSSES...

Canada loses 71,200 jobs in biggest employment drop in decade | Financial Post
Dec 6, 2019 · The economy lost 71,200 jobs in November, Statistics Canada said Friday in Ottawa, following a decline of 1,800 in the prior month. That pares the total number of jobs added this year to around 285,100.

God, you pathetic communists actually need to LIVE what you believe...Cuba is warm!

If you get a chance can you reply to what I posted and not just go off on a rant that has nothing to do with my postings?
 
Economy Reaches Longest Expansion in U.S. History in Third Quarter of 2019, Beats Market Expectations
Economy Reaches Longest Expansion in U.S. History in Third Quarter of 2019, Beats Market Expectations

The current economic expansion, which began roughly a decade ago, became the longest in U.S. history on July 1, 2019, beating the previous record that lasted from March 1991 through March 2001. As today’s advance Gross Domestic Product (GDP) release confirms, economic growth continued in the third quarter of 2019, beating market expectations and adding to the expansion’s record length. The release also confirms that the Trump Administration’s policies support sustained economic growth and lead to higher incomes for American families.

In its final projection before the 2016 election, the Congressional Budget Office (CBO) estimated that real GDP would grow at a 2.1 percent annual rate in the first 11 quarters of a new Administration. Instead, under President Trump, real GDP as of the third quarter has grown at a strong 2.6 percent annual rate since the election. As of the third quarter, real GDP is $230 billion—or 1.2 percent—higher than CBO’s projection (Figure 1). Furthermore, under President Obama’s expansion period, real GDP grew at only a 2.2 percent annual rate compared to the Trump Administration’s 2.6 percent r
ate.

Figure-1-Real-GDP-Actual-vs-Projected-2016-19-820x492.png



ME: Yes I know this is a couple of months old but the historic landmark of the Economy Reaching the Longest Expansion in U.S. History is important to note in the current climate.

And how many people have lost valuable compounding time by listening to the media and leftist serfs here? Trump delivers so their on ly choice was to try and keep people from participating.
Im up over 30% this year.
 
The Expansion is now up to 126 months, of which Trump has been POTUS for 35...or 28% of the record setting time.

Yet to some Trump is responsible for all 126 months...weird.
 
You are aware that someone besides tRump presided over most of that?

I am aware that when the numbers are drilled down into, that Obama's gains were fake and based on smoke and mirrors and Trump's are not. Growth under Obama was based on inflated government spending especially in healthcare,m and the jobs he created were only part time. It looks good on a graph but does not help real people.

Trump has brought back real growth are real jobs. Maybe you should go get a job and shut your faggot ass piehole.

you give her far too much credit. Her entire world started the day Trump won the election.

And you punk coward ass can shut up., bitch

Hey stuypid: Trump's numbers are even phonier than Obama's are.

The stock market values are being increased by stock buy-backs, not growth or expansion. The economy is perking right along because of the near record deficit spending by the President. Trump has is running the economy at top speed with no brakes just to get GDP growth that is lower than Obama's, but the benefits of this massive economic ploy are the wealthy, not everyday Americans.
Another KNOW NOTHINGVBUT LEFTVWONG TALKINGVPOINTS....You suck at this political and economic game!....

Thanks to Trump, Median Household Income at Highest Level Ever
View attachment 295928
Real median household income has grown by $4,144 or 6.8 percent since ... That's the highest level ever and a gain of $4,144, or 6.8%, since Mr. Trump took ...

So you leftists shits are, as usual lying hating mental defectives!!!

Yep...it as not going up at all before your god made it to the White House...

Oh wait...

View attachment 295929
In 8 years from a collapse caused by a DemonRAT CAUSED HOUSING CRASH?.... The American economy came back SLOWLY under NATURAL corrections....what did the Monkey say about it being the new normal and a magic wand?.....an old video with revised lower numbers BUT same conclusions!

 
You are aware that someone besides tRump presided over most of that?

I am aware that when the numbers are drilled down into, that Obama's gains were fake and based on smoke and mirrors and Trump's are not. Growth under Obama was based on inflated government spending especially in healthcare,m and the jobs he created were only part time. It looks good on a graph but does not help real people.

Trump has brought back real growth are real jobs. Maybe you should go get a job and shut your faggot ass piehole.

you give her far too much credit. Her entire world started the day Trump won the election.

And you punk coward ass can shut up., bitch
You are hilarious.

I mean seriously, you're so bad at this, I laugh out loud almost every time you post!

I shake my head and wonder why they have not permanently ban her, even though we all call each other names once in a while she cannot refrain from calling just about everyone on here a vile name in every other post. Must be her so called Catholic upbringing. Loyola would not be very happy.
 

Forum List

Back
Top