The reality of Trump’s economy

[IM2]

Idk it seems things are doing good. Im no economist, nor will i try to act like one.
I do love having more money in my pocket. More tax cuts please

My taxes were almost 1300 dollars less. Obama didnt build that.
Thank Obama. Because those tax cuts did nothing for you.

That's 100 bucks per month for a couple of years. You will lose whatever cut you as the cuts for the majority were temporary. And starting this year, the trillion dollar deficits start.

 

[blackhawk]

 

[IM2]

Meanwhile two key economic measures used for decades to judge economic optimism, one national one global show Trump achieving historic highs. Levels Obama could only dream of. Ouch that's gonna leave a mark libs

Not really. Your denials are expected.

Those studies were posted, Trump crushed Obama and nearly all previous presidents. Facts vs your horse shit.

Economic optimism is not economic fact. Understand?

I'm posting facts, you are posting propaganda and fake news. Plus you are ignorant otherwise you would know these studies are focused on hiring, jobs, and expansion.

You have not posted fact. I have.

 

[IM2]

I think the quote is from left wing icon Saul Alinsky rather than Goebbels. Politics must be a religion to the crazy incoherent lefties. They deny the reality of a roaring economy because they hate the President.

No, it's from Goebbels. The economy is not roaring.

 

[MarcATL]

You will know that Republicans have accepted what a failure Trump's economy is when they start blaming everyone else for what it is.

This should be happening by early 2020 the latest, if not mid to later this year.

 

[Toddsterpatriot]

Idk it seems things are doing good. Im no economist, nor will i try to act like one.
I do love having more money in my pocket. More tax cuts please

Thank Obama. Because those tax cuts did nothing for you.

I got a very nice tax cut.

 

[deanrd]

Trump has lied over 10,000 times. Now to his credit, Trump is very good at the big lie. You know, the one Goebbels describes:

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Trump does this all the time. His claims about the economy is a prime example.

Forget His Boasts; Growth Is Just Average and Well Behind Reagan, Clinton, Even Carter

Donald Trump keeps boasting about what a great economy he should get credited for creating. But his administration’s own reports don’t support his claims, which also don’t come close to what he promised voters.

His results so far have been, well, just average.

As if it were a stellar achievement, Trump boasted last week, the economy grew at an annual rate of 3.2% in the first three months of this year. Big deal. That’s precisely the average since 1947.

Candidate Trump boasted many times that he would boost economic growth. In October 2015, he said: “I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.”

So far, the best he has done is 4.2% in the second quarter of 2018.

Obama’s quarterly economic growth rate beat Trump’s best four times, George W. Bush five times, Bill Clinton and Ronald Reagan 13 times each. One-term president Jimmy Carter beat Trump six times and one-termer George H. W. Bush did it five times.

Carter’s best, by the way, was 16.4% growth, four times Trump’s best so far.

Trump’s last budget is projected to run a deficit almost 1.5 times the size of Obama’s last budget deficit according to the Trump administration’s own data, known as Historical Table 1.3.

Trump’s average annual budget deficit over four years will be the worst of any president from Carter through George W. Bush.

The average Trump shortfall will be 4.6% of the economy.

Obama’s was about the same as Trump at 5% of the economy, mostly because of the Great Recession that he inherited. In his second term, Obama’s budget shortfall was less than 2.5% of the economy.

The cost to you of Trump’s borrow-and-spend approach? Instead of retiring the federal debt in eight years, as Trump told voters he could easily do because he was “the king of debt,” the federal debt is growing at the rate of $30 per day for a family of four. That’s almost $11,000 per year for that family.

Trump’s borrow-and-spend, however, has failed to stimulate faster jobs creation.

Under Trump, job growth is slower than under Obama. Trump’s average is 198,000 more jobs per month. That’s good, but far from great.

Obama, during his last six years and a month, averaged 204,000 more jobs each month.

Trump promised if elected the nation would add 25 million new jobs in 10 years. He’s on track to fall more than a million jobs short of that goal.

That goal was nothing to brag about, either. Before Trump started making campaign promises the projections of future job growth were about what Trump sold as a miracle waiting for him to make it happen.

The reality is that Trump’s economic performance, measured by his own administration, is merely average.

Why Trump Gets a 'C' on the Economy | DCReport.org

Two words on “Trump’s”.

Thanks Obama.

 

[Rambunctious]

MAGA
MAGA
MAGA
MAGA
MAGA
MAGA
MAGA

 

[Siete]

Trump has lied over 10,000 times. Now to his credit, Trump is very good at the big lie. You know, the one Goebbels describes:

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Trump does this all the time. His claims about the economy is a prime example.

Forget His Boasts; Growth Is Just Average and Well Behind Reagan, Clinton, Even Carter

Donald Trump keeps boasting about what a great economy he should get credited for creating. But his administration’s own reports don’t support his claims, which also don’t come close to what he promised voters.

His results so far have been, well, just average.

As if it were a stellar achievement, Trump boasted last week, the economy grew at an annual rate of 3.2% in the first three months of this year. Big deal. That’s precisely the average since 1947.

Candidate Trump boasted many times that he would boost economic growth. In October 2015, he said: “I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.”

So far, the best he has done is 4.2% in the second quarter of 2018.

Obama’s quarterly economic growth rate beat Trump’s best four times, George W. Bush five times, Bill Clinton and Ronald Reagan 13 times each. One-term president Jimmy Carter beat Trump six times and one-termer George H. W. Bush did it five times.

Carter’s best, by the way, was 16.4% growth, four times Trump’s best so far.

Trump’s last budget is projected to run a deficit almost 1.5 times the size of Obama’s last budget deficit according to the Trump administration’s own data, known as Historical Table 1.3.

Trump’s average annual budget deficit over four years will be the worst of any president from Carter through George W. Bush.

The average Trump shortfall will be 4.6% of the economy.

Obama’s was about the same as Trump at 5% of the economy, mostly because of the Great Recession that he inherited. In his second term, Obama’s budget shortfall was less than 2.5% of the economy.

The cost to you of Trump’s borrow-and-spend approach? Instead of retiring the federal debt in eight years, as Trump told voters he could easily do because he was “the king of debt,” the federal debt is growing at the rate of $30 per day for a family of four. That’s almost $11,000 per year for that family.

Trump’s borrow-and-spend, however, has failed to stimulate faster jobs creation.

Under Trump, job growth is slower than under Obama. Trump’s average is 198,000 more jobs per month. That’s good, but far from great.

Obama, during his last six years and a month, averaged 204,000 more jobs each month.

Trump promised if elected the nation would add 25 million new jobs in 10 years. He’s on track to fall more than a million jobs short of that goal.

That goal was nothing to brag about, either. Before Trump started making campaign promises the projections of future job growth were about what Trump sold as a miracle waiting for him to make it happen.

The reality is that Trump’s economic performance, measured by his own administration, is merely average.

Why Trump Gets a 'C' on the Economy | DCReport.org

Two words on “Trump’s”.

Thanks Obama.

thanks obama is two words you'll never hear from RW's - but rest assured, knocking on heavens door is non stop from them.

 

[Butch_Coolidge]

Trump has lied over 10,000 times. Now to his credit, Trump is very good at the big lie. You know, the one Goebbels describes:

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Trump does this all the time. His claims about the economy is a prime example.

Forget His Boasts; Growth Is Just Average and Well Behind Reagan, Clinton, Even Carter

Donald Trump keeps boasting about what a great economy he should get credited for creating. But his administration’s own reports don’t support his claims, which also don’t come close to what he promised voters.

His results so far have been, well, just average.

As if it were a stellar achievement, Trump boasted last week, the economy grew at an annual rate of 3.2% in the first three months of this year. Big deal. That’s precisely the average since 1947.

Candidate Trump boasted many times that he would boost economic growth. In October 2015, he said: “I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.”

So far, the best he has done is 4.2% in the second quarter of 2018.

Obama’s quarterly economic growth rate beat Trump’s best four times, George W. Bush five times, Bill Clinton and Ronald Reagan 13 times each. One-term president Jimmy Carter beat Trump six times and one-termer George H. W. Bush did it five times.

Carter’s best, by the way, was 16.4% growth, four times Trump’s best so far.

Trump’s last budget is projected to run a deficit almost 1.5 times the size of Obama’s last budget deficit according to the Trump administration’s own data, known as Historical Table 1.3.

Trump’s average annual budget deficit over four years will be the worst of any president from Carter through George W. Bush.

The average Trump shortfall will be 4.6% of the economy.

Obama’s was about the same as Trump at 5% of the economy, mostly because of the Great Recession that he inherited. In his second term, Obama’s budget shortfall was less than 2.5% of the economy.

The cost to you of Trump’s borrow-and-spend approach? Instead of retiring the federal debt in eight years, as Trump told voters he could easily do because he was “the king of debt,” the federal debt is growing at the rate of $30 per day for a family of four. That’s almost $11,000 per year for that family.

Trump’s borrow-and-spend, however, has failed to stimulate faster jobs creation.

Under Trump, job growth is slower than under Obama. Trump’s average is 198,000 more jobs per month. That’s good, but far from great.

Obama, during his last six years and a month, averaged 204,000 more jobs each month.

Trump promised if elected the nation would add 25 million new jobs in 10 years. He’s on track to fall more than a million jobs short of that goal.

That goal was nothing to brag about, either. Before Trump started making campaign promises the projections of future job growth were about what Trump sold as a miracle waiting for him to make it happen.

The reality is that Trump’s economic performance, measured by his own administration, is merely average.

Why Trump Gets a 'C' on the Economy | DCReport.org

I apologize for him. Vote him out in 2020. Maybe hildabeast will run again. She’s great with money. Look how the Clinton Foundation helped Haiti. They are beloved there.


Sent from my iPhone using Tapatalk

 

[BluesLegend]

Meanwhile two key economic measures used for decades to judge economic optimism, one national one global show Trump achieving historic highs. Levels Obama could only dream of. Ouch that's gonna leave a mark libs

Not really. Your denials are expected.

Those studies were posted, Trump crushed Obama and nearly all previous presidents. Facts vs your horse shit.

Economic optimism is not economic fact. Understand?

I'm posting facts, you are posting propaganda and fake news. Plus you are ignorant otherwise you would know these studies are focused on hiring, jobs, and expansion.

You have not posted fact. I have.

I'll just laugh in your face

 

[Harpy Eagle]

Not really. Your denials are expected.

Those studies were posted, Trump crushed Obama and nearly all previous presidents. Facts vs your horse shit.

Economic optimism is not economic fact. Understand?

I'm posting facts, you are posting propaganda and fake news. Plus you are ignorant otherwise you would know these studies are focused on hiring, jobs, and expansion.

You have not posted fact. I have.

I'll just laugh in your face

That is what people do when they have no facts and not leg to stand on

 

[BluesLegend]

Those studies were posted, Trump crushed Obama and nearly all previous presidents. Facts vs your horse shit.

Economic optimism is not economic fact. Understand?

I'm posting facts, you are posting propaganda and fake news. Plus you are ignorant otherwise you would know these studies are focused on hiring, jobs, and expansion.

You have not posted fact. I have.

I'll just laugh in your face

That is what people do when they have no facts and not leg to stand on

I posted facts, you people have jack shit.

 

[Harpy Eagle]

Economic optimism is not economic fact. Understand?

I'm posting facts, you are posting propaganda and fake news. Plus you are ignorant otherwise you would know these studies are focused on hiring, jobs, and expansion.

You have not posted fact. I have.

I'll just laugh in your face

That is what people do when they have no facts and not leg to stand on

I posted facts, you people have jack shit.

Not in this thread you did not.

 

[BluesLegend]

I'm posting facts, you are posting propaganda and fake news. Plus you are ignorant otherwise you would know these studies are focused on hiring, jobs, and expansion.

You have not posted fact. I have.

I'll just laugh in your face

That is what people do when they have no facts and not leg to stand on

I posted facts, you people have jack shit.

Not in this thread you did not.

Its not my fault you people are ignorant and arrive to a political discussion pathetically informed.

 

[TNHarley]

Idk it seems things are doing good. Im no economist, nor will i try to act like one.
I do love having more money in my pocket. More tax cuts please

My taxes were almost 1300 dollars less. Obama didnt build that.
Thank Obama. Because those tax cuts did nothing for you.

That's 100 bucks per month for a couple of years. You will lose whatever cut you as the cuts for the majority were temporary. And starting this year, the trillion dollar deficits start.

Whatever i can get! Trump is trying to make then permanent but the anti middle class left will never let it happen

 

[Harpy Eagle]

How about manufacturing jobs under Obama vs. Trump?

Been heading up since 2011...

How about the U-6 under Obama vs. Trump?

Dropping steady since 2011...

How about wages under Obama vs. Trump?

except
for a drop in 16, about the same as they ahve been since 2014

How about black and Hispanic unemployment under Obama vs. Trump?

both have been dropping steadily since 2011..

You got anything else?

 

[Harpy Eagle]

You have not posted fact. I have.

I'll just laugh in your face

That is what people do when they have no facts and not leg to stand on

I posted facts, you people have jack shit.

Not in this thread you did not.

Its not my fault you people are ignorant and arrive to a political discussion pathetically informed.

so, you fully admit you have posted no facts.

Thanks for coming clean.

 

[DustyInfinity]

I know dems have stats to say the economy is terrible, and republicans, myself included, feel that things are getting better based on where we live, but it would be nice if there could be some form of undisputed truth. The whole my stats vs your stats stuff is irritating. I'm sure everyone can dig up numbers from somewhere to support their side. All I know is, when I was a kid, people worked 40 hours a week and had work based insurance. For all the democrats who feel their side is convincing, how does taxing business two or three times help employees? Does forcing an increase in minimum wage kill jobs? Is it wise to try to keep manufacturing from ever coming back? High taxes, forced wages, and outsourcing doesn't seem like the gold standard for success. I know you hate this president, but Democrat policy has been disastrous in the last decade. Before you whip out your charts, remember we no longer have full time work or health benefits.

 

[francoHFW]

Good luck trying to convince the American people the Trump economy isn't a roaring success. You fools are losing it.

Only 40% are brainwashed functional morons....
.