Greatest economy in US history!

[Brain357]

I'd get cranky too if I was constantly asked to explain someones lies.

I'm not even sure they realize he's lying. The alternate universe is simply running with its own facts and figures and reality. So many of them agree with him. That's the disturbing part.
.

I never believe any administration's pronouncements about the economy. Whoever said it's "lies, damned lies and statistics" got it right. I go by what is happening in my neck of the woods. Obama's administration was pushing some real bullshit, too, for awhile there.
If Trump supporters are seeing an improvement in their job prospects or businesses springing up in their towns, that's why they probably think things are better. Looking around the corner at what some of this economic fiddling may cause tomorrow isn't a strength for most of us. Economics might as well be ancient Etruscan, as far as most Americans go.

Presidents always get too much credit and too much blame for the economy. There are so many variables and influences involved that all we can do is analyze data piece by piece. Since this stuff is my profession, I know this is a day-by-day, hour-by-hour thing.

Of course, partisans make it a binary issue. Partisans aren't to be taken seriously.
.

Trump is forcing Trickle Down to work.

'Forcing Trickle Down to work' is a meaningless statement. The results of trickle down and supply-side economics take time. Reagan tried it with increased spending and tripled the debt, which more likely ended the recession.

And the debt increases rapidly again. I’d much rather have a Clinton economy which balanced the budget.

 

[Indeependent]

Trump on Twitter this morning, regarding being behind Biden in a Fox poll:

....the fact that I have gone through a three year vicious Witch Hunt, perpetrated by the Lamestream Media in Collusion with Crooked and the Democrat Party, there can be NO WAY, with the greatest Economy in U.S. history, that I can be losing to the Sleepy One. KEEP AMERICA GREAT!

... on the morning a 2.1% GDP is announced, we've exploded the deficit in a non-recessionary period, and the Fed is standing by to support a flagging economy by dropping interest rates.

I dunno, folks. Trump supporters, in all seriousness, what goes through your mind when your President calls this "the greatest economy in US history"?

Seriously.
.

2.1% GDP for June?

Didn't trump claim that's not acceptable growth and he would have it around 5%.

Yes, and people believed it.
.

That’s why results are more important than rhetoric.
Go to Uniondale, NY where people are working and tell them the economy sucks.
They’ll laugh in your face.

Well yes, I'd be lying if I said "the economy sucks".

I didn't say that, but I realize that doesn't matter.
.

It does matter.
If Trump ran as a Globalist R, I wouldn’t have voted for anybody at all.

 

[SassyIrishLass]

I'm not even sure they realize he's lying. The alternate universe is simply running with its own facts and figures and reality. So many of them agree with him. That's the disturbing part.
.

I never believe any administration's pronouncements about the economy. Whoever said it's "lies, damned lies and statistics" got it right. I go by what is happening in my neck of the woods. Obama's administration was pushing some real bullshit, too, for awhile there.
If Trump supporters are seeing an improvement in their job prospects or businesses springing up in their towns, that's why they probably think things are better. Looking around the corner at what some of this economic fiddling may cause tomorrow isn't a strength for most of us. Economics might as well be ancient Etruscan, as far as most Americans go.

Presidents always get too much credit and too much blame for the economy. There are so many variables and influences involved that all we can do is analyze data piece by piece. Since this stuff is my profession, I know this is a day-by-day, hour-by-hour thing.

Of course, partisans make it a binary issue. Partisans aren't to be taken seriously.
.

Trump is forcing Trickle Down to work.

'Forcing Trickle Down to work' is a meaningless statement. The results of trickle down and supply-side economics take time. Reagan tried it with increased spending and tripled the debt, which more likely ended the recession.

And the debt increases rapidly again. I’d much rather have a Clinton economy which balanced the budget.

Lol....

 

[Indeependent]

Huge deficits and slow growth. What a success.

But the left keeps saying that was great under Ears. Lol

Who claimed it was the best in history? bYOur fsat assded ornge buddy. Quit trying to push this onto Obama.

Under Obama we had steady growth. I believe one of the longest periods of steady f=growth.

Obama did not say he could get 4% growth & eliminate all debt in 8 years.

Tell that to the 7 million people who lost their jobs and careers.
O was a victim of GW.

 

[Correll]

WHy do you care about this? EVERYONE should grok by now, that Trump has an odd and somewhat off putting style.

I care about this because I'm fascinated by the psychology, motivations & behaviors of partisanship and its effects.

That is, by far, my biggest interest in this message board.

So my interest in this thread is not about Trump nearly as much as it is about his fans.
.

Trump uses hyperbole a lot. His supporters know that, and consider it when he says something like "greatest economy ever", ie we don't take it literally or even seriously. It's meaningless bluster.


I'm not sure there is much psychology or deep motivations to be gleaned from that. At MOST a little in group bias.


Do you really see anything more there? If so, I would recommend that you consider YOUR "motivation",

And I do NOT mean that as a partisan dig or a gotcha. So, please don't dismiss it as such.

Look at some of the posts from his supporters on this thread. They're defending what he said.

Why does this stuff fascinate me so much? I have no idea. It just does. If it annoys you, I wouldn't blame you for not reading my posts.

If you think I have a hidden agenda, that's fine. Maybe you know something here that I'm not seeing. Meanwhile, I'll continue.
.

You OP could be considered an attack. Is their response to your cut and pasted quote or is it is response to your attack?


YOu don't want to make people defensive? Don't attack them.


Also "agenda" is quite a bit stronger than "motivation". Just saying.

 

[Erinwltr]

WHy do you care about this? EVERYONE should grok by now, that Trump has an odd and somewhat off putting style.

I care about this because I'm fascinated by the psychology, motivations & behaviors of partisanship and its effects.

That is, by far, my biggest interest in this message board.

So my interest in this thread is not about Trump nearly as much as it is about his fans.
.

Trump uses hyperbole a lot. His supporters know that, and consider it when he says something like "greatest economy ever", ie we don't take it literally or even seriously. It's meaningless bluster.


I'm not sure there is much psychology or deep motivations to be gleaned from that. At MOST a little in group bias.


Do you really see anything more there? If so, I would recommend that you consider YOUR "motivation",

And I do NOT mean that as a partisan dig or a gotcha. So, please don't dismiss it as such.

"Trump uses hyperbole a lot. His supporters know that, and consider it when he says something like "greatest economy ever", ie we don't take it literally or even seriously. It's meaningless bluster."

Totally disagree. The folks I know that voted for DJT literally believe everything he says. The interviews I have seen on TV and heard on the radio, folks bend themselves into the most ridiculous logic pretzels to justify and believe what he says and does.

 

[Correll]

WHy do you care about this? EVERYONE should grok by now, that Trump has an odd and somewhat off putting style.

I care about this because I'm fascinated by the psychology, motivations & behaviors of partisanship and its effects.

That is, by far, my biggest interest in this message board.

So my interest in this thread is not about Trump nearly as much as it is about his fans.
.

Trump uses hyperbole a lot. His supporters know that, and consider it when he says something like "greatest economy ever", ie we don't take it literally or even seriously. It's meaningless bluster.


I'm not sure there is much psychology or deep motivations to be gleaned from that. At MOST a little in group bias.


Do you really see anything more there? If so, I would recommend that you consider YOUR "motivation",

And I do NOT mean that as a partisan dig or a gotcha. So, please don't dismiss it as such.

"Trump uses hyperbole a lot. His supporters know that, and consider it when he says something like "greatest economy ever", ie we don't take it literally or even seriously. It's meaningless bluster."

Totally disagree. The folks I know that voted for DJT literally believe everything he says. The interviews I have seen on TV and heard on the radio, folks bend themselves into the most ridiculous logic pretzels to justify and believe what he says and does.

Don't believe the shit the media feeds you. Have you ever seen an interview done? Do you know what "pre-interview" means?

 

[otto105]

Huge deficits and slow growth. What a success.

But the left keeps saying that was great under Ears. Lol

It’s expected during a recession. Trump inherited a strong economy and decreasing deficits.

You just disqualified yourself. Trump in no way inherited a strong economy. Not true whatsoever

Okay, how many consecutive months of positive job growth did the Grifter inherit?

Did he inherit positive GDP growth or negative?

Did he inherit rising or declining unemployment?

Answer those.

 

[Brain357]

Huge deficits and slow growth. What a success.

But the left keeps saying that was great under Ears. Lol

It’s expected during a recession. Trump inherited a strong economy and decreasing deficits.

Trump inherited a weak and aging upswing, and reinvigorated it.


THe increase in wages for the lower income workers, is especially impressive.



I don't know that hte deficits were dropping, but yes, them rising is a fair point.

Give these wage numbers. Every wage report historically very low given unemployment. Stop making shit up.

I consider this to be huge. It is telling that these people are the ones that have been the strongest portion of Trump's base, ie the "less educated". It seems despite their lack of education, they could figure out who was actually going to look out for their interests.



Low-Income Workers See Long-Awaited Wage Gains



"The lowest-paid Americans saw weekly earnings grow more than 5% in the second quarter from a year earlier, more than the national median gain of 1.7% for all workers, according to a quarterly survey of households produced by the Labor Department. Workers with less than a high-school diploma saw their wages grow almost 6%, and younger workers’ pay grew almost 3%.

“In a recession they are often the first to be laid off, and in the recovery they can be the last to be rehired,” said Harry Holzer, professor of public policy at Georgetown University. “It means they are the ones who benefit particularly in the current labor market.” "

Been a lot of min wage increases...

 

[SassyIrishLass]

Huge deficits and slow growth. What a success.

But the left keeps saying that was great under Ears. Lol

It’s expected during a recession. Trump inherited a strong economy and decreasing deficits.

You just disqualified yourself. Trump in no way inherited a strong economy. Not true whatsoever

Okay, how many consecutive monthly job growth did the Grifter inherit?

Did he inherit positive GDP growth or negative?

Did he inherit raising or declining unemployment?

Answer those.

Trump did not inherit a strong economy...if you're claiming he did then you have to admit under Trump it's a locomotive

 

[Brain357]

Huge deficits and slow growth. What a success.

But the left keeps saying that was great under Ears. Lol

It’s expected during a recession. Trump inherited a strong economy and decreasing deficits.

You just disqualified yourself. Trump in no way inherited a strong economy. Not true whatsoever

Okay, how many consecutive monthly job growth did the Grifter inherit?

Did he inherit positive GDP growth or negative?

Did he inherit raising or declining unemployment?

Answer those.

Trump did not inherit a strong economy...if you're claiming he did then you have to admit under Trump it's a locomotive

You don’t seem to understand the economy. You dodge the questions.

 

[otto105]

Huge deficits and slow growth. What a success.

But the left keeps saying that was great under Ears. Lol

It’s expected during a recession. Trump inherited a strong economy and decreasing deficits.

You just disqualified yourself. Trump in no way inherited a strong economy. Not true whatsoever

Okay, how many consecutive monthly job growth did the Grifter inherit?

Did he inherit positive GDP growth or negative?

Did he inherit raising or declining unemployment?

Answer those.

Trump did not inherit a strong economy...if you're claiming he did then you have to admit under Trump it's a locomotive

Try to limit your opinion and just answer the questions presented.

Also, can you offer how the economy has changed under the Grifter from Obama to become a loco? I will offer that the trajectory of the economy has not changed under trump. The nation is still in a low growth low unemployment curve. The only thing that has changed is the Grifter's annual deficits which have more than doubled.

 

[otto105]

I'd get cranky too if I was constantly asked to explain someones lies.

I'm not even sure they realize he's lying. The alternate universe is simply running with its own facts and figures and reality. So many of them agree with him. That's the disturbing part.
.

I never believe any administration's pronouncements about the economy. Whoever said it's "lies, damned lies and statistics" got it right. I go by what is happening in my neck of the woods. Obama's administration was pushing some real bullshit, too, for awhile there.
If Trump supporters are seeing an improvement in their job prospects or businesses springing up in their towns, that's why they probably think things are better. Looking around the corner at what some of this economic fiddling may cause tomorrow isn't a strength for most of us. Economics might as well be ancient Etruscan, as far as most Americans go.

Presidents always get too much credit and too much blame for the economy. There are so many variables and influences involved that all we can do is analyze data piece by piece. Since this stuff is my profession, I know this is a day-by-day, hour-by-hour thing.

Of course, partisans make it a binary issue. Partisans aren't to be taken seriously.
.

Trump is forcing Trickle Down to work.

'Forcing Trickle Down to work' is a meaningless statement. The results of trickle down and supply-side economics take time. Reagan tried it with increased spending and tripled the debt, which more likely ended the recession.

For an example of "trickle-down" economics see Kansas.

 

[DigitalDrifter]

The trillion dollar deficit, endangers us all. Let's keep in mind however, that there are thousands of lawmakers across this nation that are to blame for it, not just Trump.

This is why we need term limits. We need a system where people going into office, know that they have a limited time in office, and bringing the bacon back to their districts won't keep them in office.

This should create more fiscally minded lawmakers, and in time could reduce deficits.

As for the current economic growth, todays news is not good, but we'll need to see how the next quarter goes before we can estimate the overall economy.

 

[Rocko]

Huge deficits and slow growth. What a success.

But the left keeps saying that was great under Ears. Lol

It’s expected during a recession. Trump inherited a strong economy and decreasing deficits.

You just disqualified yourself. Trump in no way inherited a strong economy. Not true whatsoever

Okay, how many consecutive monthly job growth did the Grifter inherit?

Did he inherit positive GDP growth or negative?

Did he inherit raising or declining unemployment?

Answer those.

The economy is cyclical. If I was president I’d rather “inherit” a bottoming out economy like obozo got than an sustained anemic recovery like Trump received if I was going to be responsible for the direction of the economy. Besides it was Bush’s TARP initiative that started the recovery and stopped a depression

 

[SassyIrishLass]

Good read on why we may never see the high GDPs of yesteryear

If the Economys So Good, Why Is GDP So Low? Fortune

 

[rightwinger]

Huge deficits and slow growth. What a success.

But the left keeps saying that was great under Ears. Lol

It’s expected during a recession. Trump inherited a strong economy and decreasing deficits.

You just disqualified yourself. Trump in no way inherited a strong economy. Not true whatsoever

Okay, how many consecutive monthly job growth did the Grifter inherit?

Did he inherit positive GDP growth or negative?

Did he inherit raising or declining unemployment?

Answer those.

The economy is cyclical. If I was president I’d rather “inherit” a bottoming out economy like obozo got than an sustained anemic recovery like Trump received if I was going to be responsible for the direction of the economy. Besides it was Bush’s TARP initiative that started the recovery and stopped a depression

Nobody wants an economy like the Great Obama inherited

He had to stop it from entering a Depression

 

[Brain357]

Good read on why we may never see the high GDPs of yesteryear

If the Economys So Good, Why Is GDP So Low? Fortune

Not what trump said.

 

[otto105]

Good read on why we may never see the high GDPs of yesteryear

If the Economys So Good, Why Is GDP So Low? Fortune

So, why did the Grifter promise 4-5% GDP growth?

 

[otto105]

The trillion dollar deficit, endangers us all. Let's keep in mind however, that there are thousands of lawmakers across this nation that are to blame for it, not just Trump.

This is why we need term limits. We need a system where people going into office, know that they have a limited time in office, and bringing the bacon back to their districts won't keep them in office.

This should create more fiscally minded lawmakers, and in time could reduce deficits.

As for the current economic growth, todays news is not good, but we'll need to see how the next quarter goes before we can estimate the overall economy.

Term limits will do nothing of the sort. They will make pols dependent on lobbyists and party lines.