The economy: Trump's greatest asset, Democrats' greatest liability

[sparky]

I have said before- Presidents get too much blame for bad economies, and too much credit for good ones.

With that in mind I would give Trump a B- on the economy.

I hated his corporate tax cuts. Companies were not hurting for money to expand like they were when Reagan used them to pull the economy out of the Carter Malaise. Too much of the money went to stock buybacks rather than expansion and job growth.

I like his efforts to reduce onerous government regulations on small businesses.

We are WAAAY overdue for a recession, and IMO there is a 50/50 chance we will see recession before November, so if you’re hitching you’re re-election to the economy and or stock market, a recession just months before the election would be very inconvenient.

/----/ "I hated his corporate tax cuts. "
So you like paying more for stuff because you know corporations pass taxes on to the consumer in the form of higher prices. And corporate taxes fuel inflation.
View attachment 303659

Was there a corresponding drop in prices after the corporate tax cuts?

There was corresponding wage and job growth. As far as a drop in prices, I would say wage growth outpacing the inflation rate is essentially the same thing. Given that we were told that tariffs would be passed on to the American people, pretty astounding that our inflation rate has remained low.

Nominal Wage Tracker

Your link literally describes central banking as the pivotal point of economic stability

while they remain the biggest culprit of it's demise

~S~

 

[sparky]

one CAN NOT cheerlead an economy while economic DOOM looms on our horizon
~S~

The only doom out there are your retarded socialists you love so much

Quantitative easing is socialism for banks

Which i've zero love for

do you Terri?

~S~

 

[Harpy Eagle]

/——-/ Forget about this? 2018–19 United States federal government shutdown - Wikipedia
And Trump is rebuilding the military after Obozo decimated it. That’s the extra spending that Congress approved.

Nope, I remember the shutdown...what is your point?

As I said before, it is people like you that will always make an excuse for their party that are the reason we have a 23 trillion dollar national debt. You do not really give a shit about it, all that matters is that you support your party till your dying breath.

The total additional spending Trump has added to the DOD accounts for less than 3% of the debt he has accumulated as POTUS. But you will give him a free pass because that is what mindless partisan drones do.

 

[Cellblock2429]

/——-/ Forget about this? 2018–19 United States federal government shutdown - Wikipedia
And Trump is rebuilding the military after Obozo decimated it. That’s the extra spending that Congress approved.

Nope, I remember the shutdown...what is your point?

As I said before, it is people like you that will always make an excuse for their party that are the reason we have a 23 trillion dollar national debt. You do not really give a shit about it, all that matters is that you support your party till your dying breath.

The total additional spending Trump has added to the DOD accounts for less than 3% of the debt he has accumulated as POTUS. But you will give him a free pass because that is what mindless partisan drones do.

/——/ So where has the democRATs balanced budget been hiding since 1964?

 

[LeftofLeft]

I have said before- Presidents get too much blame for bad economies, and too much credit for good ones.

With that in mind I would give Trump a B- on the economy.

I hated his corporate tax cuts. Companies were not hurting for money to expand like they were when Reagan used them to pull the economy out of the Carter Malaise. Too much of the money went to stock buybacks rather than expansion and job growth.

I like his efforts to reduce onerous government regulations on small businesses.

We are WAAAY overdue for a recession, and IMO there is a 50/50 chance we will see recession before November, so if you’re hitching you’re re-election to the economy and or stock market, a recession just months before the election would be very inconvenient.

We are overdue for a recession. That said, I don’t have trust or faith in Democrats to expedite recovery ahead of their agenda that will include specious climate change policies, tax increases that impact the Middle Class, and corporate cronyism. Recessions are crisis and Democrats always thrive in “never letting a crisis go to waste”. Americans with less take -home pay, higher taxes, fewer jobs, higher energy and higher healthcare costs are not happy. Democrats need these factors in place to be successful. No thanks.

 

[Harpy Eagle]

/——-/ Forget about this? 2018–19 United States federal government shutdown - Wikipedia
And Trump is rebuilding the military after Obozo decimated it. That’s the extra spending that Congress approved.

Nope, I remember the shutdown...what is your point?

As I said before, it is people like you that will always make an excuse for their party that are the reason we have a 23 trillion dollar national debt. You do not really give a shit about it, all that matters is that you support your party till your dying breath.

The total additional spending Trump has added to the DOD accounts for less than 3% of the debt he has accumulated as POTUS. But you will give him a free pass because that is what mindless partisan drones do.

/——/ So where has the democRATs balanced budget been hiding since 1964?

The same place the Repubs have, it does not exist...which has always been my point...there is not a fiscal conservative party among the top two, they are both free spending, debt adding groups.

Yet you attack one and defend the other till your dying breath.

 

[Terri4Trump]

Yet you attack one and defend the other till your dying breath.

Thats because your side is always wrong.

 

[Harpy Eagle]

Yet you attack one and defend the other till your dying breath.

Thats because your side is always wrong.

I do not have a side sweetheart, when will you get that through your thick little skull?

 

[MAGAman]

Sure, he doesn't like them but he really wants one....you really are that stupid.

Someone with a toothache really wants a dentist, that does not mean they like dentist.

1. Democrats just proved they love power more than anything.

2. A thriving American economy lessens their opportunity for more power.

Therefore.

3. Democrats want a recession.

 

[Lesh]

Growth is at its slowest rate since 2016

 

[Thinker101]

Growth is at its slowest rate since 2016

Anymore BS you'd like to share?
U.S. - GDP growth by year 1990-2018 | Statista

 

[Terri4Trump]

I do not have a side sweetheart, when will you get that through your thick little skull?

You are lying and we all know it. You have never once sided with anyone but Dems here

 

[MayorOfRealville]

The economy: Trump's greatest asset, Democrats' greatest liability
The economy: Trump's greatest asset, Democrats' greatest liability

Democrats cannot disparage Trump’s economy. Doing so will look like sour grapes. Worse, it will open them up to a comparison with Obama’s, which was worse. Just looking at GDP alone, during Obama’s first 10 quarters, the economy averaged growth of just 1.3 percent. Even in Obama’s last 10 quarters it averaged just 2.3 percent. Over Trump’s first t10 quarters, the economy has averaged 2.6 percent growth.

In December 2016, 152.1 million Americans were employed, 7.5 million unemployed (4.7 percent rate) and the labor force participation rate was 62.7 percent. September 2019 jobs report showed 158.3 million employed, 6.2 million more), 5.8 million unemployed (3.5 percent rate and 1.7 million less) and a labor force participation rate of 63.2 percent (0.6 percent higher).

MY COMMENT: Trump is making the Kenyan socialist pig look like the dope he is. Plantation slave IM2 has a thread saying this is all not true. Of course, he's a liar, always has been. Trump has repaired what Obama broke and is making America great again. Oh, and if you feel like giving Obama credit, see my next post.......

Well, that is why Trump won and democrats cheated and stole the election

 

[Lesh]

The economy: Trump's greatest asset, Democrats' greatest liability
The economy: Trump's greatest asset, Democrats' greatest liability

Democrats cannot disparage Trump’s economy. Doing so will look like sour grapes. Worse, it will open them up to a comparison with Obama’s, which was worse. Just looking at GDP alone, during Obama’s first 10 quarters, the economy averaged growth of just 1.3 percent. Even in Obama’s last 10 quarters it averaged just 2.3 percent. Over Trump’s first t10 quarters, the economy has averaged 2.6 percent growth.

In December 2016, 152.1 million Americans were employed, 7.5 million unemployed (4.7 percent rate) and the labor force participation rate was 62.7 percent. September 2019 jobs report showed 158.3 million employed, 6.2 million more), 5.8 million unemployed (3.5 percent rate and 1.7 million less) and a labor force participation rate of 63.2 percent (0.6 percent higher).

MY COMMENT: Trump is making the Kenyan socialist pig look like the dope he is. Plantation slave IM2 has a thread saying this is all not true. Of course, he's a liar, always has been. Trump has repaired what Obama broke and is making America great again. Oh, and if you feel like giving Obama credit, see my next post.......

Well, that is why Trump won and democrats cheated and stole the election

On planet QAnon

 

[Lesh]

Growth is at its slowest rate since 2016

Anymore BS you'd like to share?
U.S. - GDP growth by year 1990-2018 | Statista

Well that link destroyed your bullshit. Even before Covid the economy was growing slowly

 

[MayorOfRealville]

Well that link destroyed your bullshit. Even before Covid the economy was growing slowly

You seem to only post lies. You have a problem with truth and facts.

 

[Lesh]

Well that link destroyed your bullshit. Even before Covid the economy was growing slowly

You seem to only post lies. You have a problem with truth and facts.

The fuck you talking about stupid ... read the link

 

[bodecea]

The economy: Trump's greatest asset, Democrats' greatest liability
The economy: Trump's greatest asset, Democrats' greatest liability

Democrats cannot disparage Trump’s economy. Doing so will look like sour grapes. Worse, it will open them up to a comparison with Obama’s, which was worse. Just looking at GDP alone, during Obama’s first 10 quarters, the economy averaged growth of just 1.3 percent. Even in Obama’s last 10 quarters it averaged just 2.3 percent. Over Trump’s first t10 quarters, the economy has averaged 2.6 percent growth.

In December 2016, 152.1 million Americans were employed, 7.5 million unemployed (4.7 percent rate) and the labor force participation rate was 62.7 percent. September 2019 jobs report showed 158.3 million employed, 6.2 million more), 5.8 million unemployed (3.5 percent rate and 1.7 million less) and a labor force participation rate of 63.2 percent (0.6 percent higher).

MY COMMENT: Trump is making the Kenyan socialist pig look like the dope he is. Plantation slave IM2 has a thread saying this is all not true. Of course, he's a liar, always has been. Trump has repaired what Obama broke and is making America great again. Oh, and if you feel like giving Obama credit, see my next post.......

Oh dear...this thread didn't age well, did it?

 

[bodecea]

The economy: Trump's greatest asset, Democrats' greatest liability
The economy: Trump's greatest asset, Democrats' greatest liability

Democrats cannot disparage Trump’s economy. Doing so will look like sour grapes. Worse, it will open them up to a comparison with Obama’s, which was worse. Just looking at GDP alone, during Obama’s first 10 quarters, the economy averaged growth of just 1.3 percent. Even in Obama’s last 10 quarters it averaged just 2.3 percent. Over Trump’s first t10 quarters, the economy has averaged 2.6 percent growth.

In December 2016, 152.1 million Americans were employed, 7.5 million unemployed (4.7 percent rate) and the labor force participation rate was 62.7 percent. September 2019 jobs report showed 158.3 million employed, 6.2 million more), 5.8 million unemployed (3.5 percent rate and 1.7 million less) and a labor force participation rate of 63.2 percent (0.6 percent higher).

MY COMMENT: Trump is making the Kenyan socialist pig look like the dope he is. Plantation slave IM2 has a thread saying this is all not true. Of course, he's a liar, always has been. Trump has repaired what Obama broke and is making America great again. Oh, and if you feel like giving Obama credit, see my next post.......

Well, that is why Trump won and democrats cheated and stole the election

Pushing The Big Lie for your orange daddy?

 

[Mac1958]

The economy: Trump's greatest asset, Democrats' greatest liability
The economy: Trump's greatest asset, Democrats' greatest liability

Democrats cannot disparage Trump’s economy. Doing so will look like sour grapes. Worse, it will open them up to a comparison with Obama’s, which was worse. Just looking at GDP alone, during Obama’s first 10 quarters, the economy averaged growth of just 1.3 percent. Even in Obama’s last 10 quarters it averaged just 2.3 percent. Over Trump’s first t10 quarters, the economy has averaged 2.6 percent growth.

In December 2016, 152.1 million Americans were employed, 7.5 million unemployed (4.7 percent rate) and the labor force participation rate was 62.7 percent. September 2019 jobs report showed 158.3 million employed, 6.2 million more), 5.8 million unemployed (3.5 percent rate and 1.7 million less) and a labor force participation rate of 63.2 percent (0.6 percent higher).

MY COMMENT: Trump is making the Kenyan socialist pig look like the dope he is. Plantation slave IM2 has a thread saying this is all not true. Of course, he's a liar, always has been. Trump has repaired what Obama broke and is making America great again. Oh, and if you feel like giving Obama credit, see my next post.......

Oh dear...this thread didn't age well, did it?

These are people who still believe that a 2.4% GDP and raging deficit constitute "the greatest economy ever".

On no issue does Trumpian arrogant ignorance shine through more than economics and markets.