The strength of the Trump economy.....it truly is amazing. This is why we need Trump in office.

Zorro!

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If you refuse to make a choice...the choice will be made for you.

This nation can not stand four more years of Trump
Oh sure, wage growth like we have never seen before, dear God make it stop!

The Philadelphia Inquirer reported, "The 2019 U.S. median household income had reached $68,700, an increase of 6.8% from the 2018 level of $64,324, the Census Bureau reported in its Current Population Survey."

That easily outpaced the 2.9% growth in the GDP.

The newspaper said, "At the same time, the number of people living in poverty in the nation fell from about 38 million to 34 million, the overall rate decreasing 1.3 percentage points from 11.8% to 10.5% — the lowest figure since records started being kept in 1959, the report showed. Low unemployment amid a powerful job market was a key, economists say."

The best of our lifetimes, please, make it stop!

And of course the fat cats benefited too, as the stock market soared. The S&P 500 is up 60% since we elected Donald Trump president.

So everyone benefited from Trump's embrace of free-markets.

But the men at the top don't like that. They do not want an America with its large and growing middle class. A self-reliant people cannot be ruled as easily as people who live on food stamps and EITC checks.

And so these little emperors -- these Maoist billionaires -- have struck back.

The choice on November 3rd is free-markets and free-choices or communism. The fat cats side with the latter.

We'll stick with Trump, you aint seen nuthin yet!
Trump did say we would get tired of winning did he not? Problem is the Dems were tired of it on day 1.
That's because when the American People Win, Dems lose. I'm not sure what happened to them, they have a bunch old demented crazy people at the top, and real crazy nut burgers as their energetic base, and they have to have a bunch in the middle wondering what the hell happened and when did the Democrats lose their minds?

It's Trump or the folks burning our cities.

1600743162159.png

You may not like Trump, but the other side is insane.
 

Gaeandilth

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If you refuse to make a choice...the choice will be made for you.

This nation can not stand four more years of Trump
Oh sure, wage growth like we have never seen before, dear God make it stop!

The Philadelphia Inquirer reported, "The 2019 U.S. median household income had reached $68,700, an increase of 6.8% from the 2018 level of $64,324, the Census Bureau reported in its Current Population Survey."

That easily outpaced the 2.9% growth in the GDP.

The newspaper said, "At the same time, the number of people living in poverty in the nation fell from about 38 million to 34 million, the overall rate decreasing 1.3 percentage points from 11.8% to 10.5% — the lowest figure since records started being kept in 1959, the report showed. Low unemployment amid a powerful job market was a key, economists say."

The best of our lifetimes, please, make it stop!

And of course the fat cats benefited too, as the stock market soared. The S&P 500 is up 60% since we elected Donald Trump president.

So everyone benefited from Trump's embrace of free-markets.

But the men at the top don't like that. They do not want an America with its large and growing middle class. A self-reliant people cannot be ruled as easily as people who live on food stamps and EITC checks.

And so these little emperors -- these Maoist billionaires -- have struck back.

The choice on November 3rd is free-markets and free-choices or communism. The fat cats side with the latter.

We'll stick with Trump, you aint seen nuthin yet!
Trump did say we would get tired of winning did he not? Problem is the Dems were tired of it on day 1.
That's because when the American People Win, Dems lose. I'm not sure what happened to them, they have a bunch old demented crazy people at the top, and real crazy nut burgers as their energetic base, and they have to have a bunch in the middle wondering what the helped happened and when did the Democrats lose their minds?
Because they are socialist/communist. Not a single country in history became socialist/communist because they were happy and things were going well in the country. Same reason they want to take our guns because not a single communist/socialist country works when the citizens are armed. And because they been losing power since Clinton. They know it. They barely holding onto pure blue states with lies and promises they can not keep and are about to get found out. They already rigged their own elections to make sure they always get the candidate THEY want and someone like Trump could never win the Dem ticket they really badly want to do that to the general election too.
 

Ray From Cleveland

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Same reason they want to take our guns because not a single communist/socialist country works when the citizens are armed. And because they been losing power since Clinton. They know it.
I have a different take on guns.

The Democrats party (like the Republican party) want to expand their tent as they like to say. They need to enhance or create new groups under their tent in which to gain control.

In the Democrat party, their two largest groups are government dependents and victims. Democrats love victims and victims love Democrats.

Democrats have no problem with us owning guns. Their problem is that we can use them to defend ourselves. If they had the ability to take our guns, then we all become victims of the criminal element thus expanding the Democrat party tent. How do you solve Big Crime? The same way they address Big Pharma, Big Corporations, Big Tobacco, and that is with a bigger government.

Democrats are not stupid, they only appear that way. They know if they disarmed law abiding citizens, it would only leave our criminals and police to be armed. Imagine what would happen to that party if we could somehow eliminate government dependents and victims. Without them, the only time you'd hear about the Democrat party is in history books.
 

Ray From Cleveland

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Gosh. People lining up around the corner for food and begging for a 1200 dollar piece of cheese...
Fake News. No one with a brain is paying $1200 for a hunk of cheese.
... everybody has more money in our pockets? lol...
Most of us do. Yes.
... Do you even know what money is? Money is a store of value...
Yes. Rather than taking our chickens to town to trade with the grocer, we exchange money, because it's easier and more convenient to transport than chickens
.... Tell us all about all of that purchasing power Americans enjoy.
Sure. That dollar in your pocket buys almost 16% more than than it did in 2006.


Board of Governors of the Federal Reserve System (US), Trade Weighted U.S. Dollar Index: Broad, Goods and Services [DTWEXBGS], retrieved from FRED, Federal Reserve Bank of St. Louis; Trade Weighted U.S. Dollar Index: Broad, Goods and Services, September 21, 2020.​

Have you purchased a TV lately? A big screen TV in 2006, set you back $2k in 2006 by the time you had the tech come out and balance the picture to your room lighting, and that was a dumb TV that wasn't even high def.

Today a high def smart TV does the room adjustments by itself and runs less than $400.
Funny you should bring that up. About seven years ago I got my 80" high def TV. I paid $3,200 for it. I was in Sam's Club a few weeks ago. They had a few 85" televisions with super high def for about half the price.

In 1980 I got my first apartment. I wanted the best television I could buy, so I bought a 25" Curtis Mathis that cost me $1,000. I had to go to the bank for a loan to get it.
 

Zorro!

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If you refuse to make a choice...the choice will be made for you.

This nation can not stand four more years of Trump
Oh sure, wage growth like we have never seen before, dear God make it stop!

The Philadelphia Inquirer reported, "The 2019 U.S. median household income had reached $68,700, an increase of 6.8% from the 2018 level of $64,324, the Census Bureau reported in its Current Population Survey."

That easily outpaced the 2.9% growth in the GDP.

The newspaper said, "At the same time, the number of people living in poverty in the nation fell from about 38 million to 34 million, the overall rate decreasing 1.3 percentage points from 11.8% to 10.5% — the lowest figure since records started being kept in 1959, the report showed. Low unemployment amid a powerful job market was a key, economists say."

The best of our lifetimes, please, make it stop!

And of course the fat cats benefited too, as the stock market soared. The S&P 500 is up 60% since we elected Donald Trump president.

So everyone benefited from Trump's embrace of free-markets.

But the men at the top don't like that. They do not want an America with its large and growing middle class. A self-reliant people cannot be ruled as easily as people who live on food stamps and EITC checks.

And so these little emperors -- these Maoist billionaires -- have struck back.

The choice on November 3rd is free-markets and free-choices or communism. The fat cats side with the latter.

We'll stick with Trump, you aint seen nuthin yet!
Trump did say we would get tired of winning did he not? Problem is the Dems were tired of it on day 1.
That's because when the American People Win, Dems lose. I'm not sure what happened to them, they have a bunch old demented crazy people at the top, and real crazy nut burgers as their energetic base, and they have to have a bunch in the middle wondering what the helped happened and when did the Democrats lose their minds?
Because they are socialist/communist. Not a single country in history became socialist/communist because they were happy and things were going well in the country. Same reason they want to take our guns because not a single communist/socialist country works when the citizens are armed. And because they been losing power since Clinton. They know it. They barely holding onto pure blue states with lies and promises they can not keep and are about to get found out. They already rigged their own elections to make sure they always get the candidate THEY want and someone like Trump could never win the Dem ticket they really badly want to do that to the general election too.
Here is how I read it. Let's assume that Biden takes all the Blue States and Trump takes all the Red States. That leaves us with this:

1600746455146.png
To win, Trump needs to take PA OR WI. Biden needs to take PA AND WI. We should get honest elections in all the Red States. We all saw the "ballot harvesting" in CA in 2018. A bunch of Republicans won on election night, Democrats kept "finding" ballots until they won. PA allows mail in ballots to come in 3 days after the election. PA also kicked the Green Party off the ballot so they would not pull votes from Biden (The PA Supreme Court is 5-2 Leftist). The Court also allowed Democrats to use "drop boxes" in heavily populated Democrat areas, which the Democrats claim will "relieve the burden" on the post office. One of the things I've noticed about the Left is that they even screw up cheating. These ballots will not be post marked. Ballots that are eligible to be counted must be postmarked by the time polls close and be received by county election boards at 5 p.m. on Nov. 6, three days after the Nov. 3 election. So, what happens to ballots that are received after the polls close, which are not post marked? These kinds of questions are why we need a fully functioning 9 seat Supreme Court

WI requires ballots to be post marked on election day.

Now, here is the kicker, I guarantee you that if Trump wins, that the results will be contested in these two states. In PA, recounts are only allowed is the spread is a 1/2 percent or less. If it's more than that, no recount. They won't have the final count until 3 days later, but, if Trump wins by more than 1/2 percent, it's over. The Supreme Court of PA is very liberal. Lefties will likely sue anyway asking the court to mandate a recount. They very well may do so, which Trump will appeal to the Supreme Court. If they can get recounts going, then, as we saw in Florida 2000 with the growing piles of chads on the floor every time the ballots were handled, every time the ballots are counted, they change, as more chads fall out.

The State Legislature has 42 days from the date of the election to select the Electors. The problem that could arise, if they get the recount machinery up and going, is that the Governor, who is a Democrat, could declare that they think Biden won, and send a competing slate. The House that won the 2020 election will determine which slate to seat, and if they cannot agree, this too would likely end up before SCOTUS, and while many commentators claim this is a jump ball, I think the Governor's slate has an edge. In this ugly scenario, the Gov would disenfranchise a majority of their own voters. That would make it tough to be re-elected, but, it's not out of the question. Frankly, the PA GOP needs to be prepared to immediately implement impeachment of the Gov if he foolishly takes his state down this path.

Whitmer is Gov of WI, she wouldn't even hesitate. There a recount is allowed if Biden loses by 1% or less.

So, Trump voters have to turn out, and win by more that 1/2% in PA and 1% in WI. Now, if Trump takes any Blue States, these states may not even be critical.

I'll continue next post
 

Natural Citizen

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Gosh. People lining up around the corner for food and begging for a 1200 dollar piece of cheese...
Fake News. No one with a brain is paying $1200 for a hunk of cheese.
... everybody has more money in our pockets? lol...
Most of us do. Yes.
... Do you even know what money is? Money is a store of value...
Yes. Rather than taking our chickens to town to trade with the grocer, we exchange money, because it's easier and more convenient to transport than chickens
.... Tell us all about all of that purchasing power Americans enjoy.
Sure. That dollar in your pocket buys almost 16% more than than it did in 2006.


Board of Governors of the Federal Reserve System (US), Trade Weighted U.S. Dollar Index: Broad, Goods and Services [DTWEXBGS], retrieved from FRED, Federal Reserve Bank of St. Louis; Trade Weighted U.S. Dollar Index: Broad, Goods and Services, September 21, 2020.​

Have you purchased a TV lately? A big screen TV in 2006, set you back $2k in 2006 by the time you had the tech come out and balance the picture to your room lighting, and that was a dumb TV that wasn't even high def.

Today a high def smart TV does the room adjustments by itself and runs less than $400.
Funny you should bring that up. About seven years ago I got my 80" high def TV. I paid $3,200 for it. I was in Sam's Club a few weeks ago. They had a few 85" televisions with super high def for about half the price.

In 1980 I got my first apartment. I wanted the best television I could buy, so I bought a 25" Curtis Mathis that cost me $1,000. I had to go to the bank for a loan to get it.

Oh, come on, Ray. I just suggested to him to turn that goshed darned thing off and you're trying to give him a deal on one. Youre killing me, Ray. lol.

Now that I think about it, if more people would turn those things off, we could have an honest discussion about things. No wonder the're so darned cheap. lol.
 

WTH_Progs?

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Suck it up PROGS, by every measure all positive historic economic numbers belong to the Orange man. The asshole you fuck-heads want to replace with dementia and corruption........SMH at PROGS.
 

Zorro!

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Gosh. People lining up around the corner for food and begging for a 1200 dollar piece of cheese...
Fake News. No one with a brain is paying $1200 for a hunk of cheese.
... everybody has more money in our pockets? lol...
Most of us do. Yes.
... Do you even know what money is? Money is a store of value...
Yes. Rather than taking our chickens to town to trade with the grocer, we exchange money, because it's easier and more convenient to transport than chickens
.... Tell us all about all of that purchasing power Americans enjoy.
Sure. That dollar in your pocket buys almost 16% more than than it did in 2006.


Board of Governors of the Federal Reserve System (US), Trade Weighted U.S. Dollar Index: Broad, Goods and Services [DTWEXBGS], retrieved from FRED, Federal Reserve Bank of St. Louis; Trade Weighted U.S. Dollar Index: Broad, Goods and Services, September 21, 2020.​

Have you purchased a TV lately? A big screen TV in 2006, set you back $2k in 2006 by the time you had the tech come out and balance the picture to your room lighting, and that was a dumb TV that wasn't even high def.

Today a high def smart TV does the room adjustments by itself and runs less than $400.
Funny you should bring that up. About seven years ago I got my 80" high def TV. I paid $3,200 for it. I was in Sam's Club a few weeks ago. They had a few 85" televisions with super high def for about half the price.

In 1980 I got my first apartment. I wanted the best television I could buy, so I bought a 25" Curtis Mathis that cost me $1,000. I had to go to the bank for a loan to get it.
Yup. But did you come across the $1200 cheese?
 

ABikerSailor

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Is 1,200 dollars how much Trump is giving for cheese? Hate to tell you, but that is all he gave to the American people. 1200 and hopefully the virus doesn't kill you.
 

Ray From Cleveland

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Gosh. People lining up around the corner for food and begging for a 1200 dollar piece of cheese...
Fake News. No one with a brain is paying $1200 for a hunk of cheese.
... everybody has more money in our pockets? lol...
Most of us do. Yes.
... Do you even know what money is? Money is a store of value...
Yes. Rather than taking our chickens to town to trade with the grocer, we exchange money, because it's easier and more convenient to transport than chickens
.... Tell us all about all of that purchasing power Americans enjoy.
Sure. That dollar in your pocket buys almost 16% more than than it did in 2006.


Board of Governors of the Federal Reserve System (US), Trade Weighted U.S. Dollar Index: Broad, Goods and Services [DTWEXBGS], retrieved from FRED, Federal Reserve Bank of St. Louis; Trade Weighted U.S. Dollar Index: Broad, Goods and Services, September 21, 2020.​

Have you purchased a TV lately? A big screen TV in 2006, set you back $2k in 2006 by the time you had the tech come out and balance the picture to your room lighting, and that was a dumb TV that wasn't even high def.

Today a high def smart TV does the room adjustments by itself and runs less than $400.
Funny you should bring that up. About seven years ago I got my 80" high def TV. I paid $3,200 for it. I was in Sam's Club a few weeks ago. They had a few 85" televisions with super high def for about half the price.

In 1980 I got my first apartment. I wanted the best television I could buy, so I bought a 25" Curtis Mathis that cost me $1,000. I had to go to the bank for a loan to get it.

Oh, come on, Ray. I just suggested to him to turn that goshed darned thing off and you're trying to give him a deal on one. Youre killing me, Ray. lol.

Now that I think about it, if more people would turn those things off, we could have an honest discussion about things. No wonder the're so darned cheap. lol.
Believe it or not, I don't watch much television outside of news and perhaps HGTV. I like a lot of oldie shows as well. I do spend a lot of time on the internet though.
 

Faun

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President Trump did achieve the 3% growth mark that Obama failed to achieve. Just checked the current BEA tables and indeed, even in the current release Trump has achieved 3% for 2018.

So indeed, Brain did lie about that.
You either don't understand economics or you lie as much as trump.
But the increase in gross domestic product hasn’t hit 3%. It was only 2.3% in 2017 and 2.9% in 2018, when the cuts kicked in. The U.S. Bureau of Economic Analysis estimates only 2.3% for 2019. Overall, annual GDP growth under Mr. Trump has averaged only a few tenths of a point better than that of President Obama’s second term.
You are wrong.

And that chart is annual GDP growth.

Trump did achieve 3% liar. You can confirm from BEA.

According to you so did Obama.... But you are confused, stop embarrassing yourself.
You fucking idiot. Obama did not have a calendar year of 3% growth, Trump did.
You're fucking deranged, con. 2015 was 3.1%...


Meanwhile, Impeached Trump is the only president recorded to not have a year over 3% growth or a quarter of 4% or more.
 

Norman

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President Trump did achieve the 3% growth mark that Obama failed to achieve. Just checked the current BEA tables and indeed, even in the current release Trump has achieved 3% for 2018.

So indeed, Brain did lie about that.
You either don't understand economics or you lie as much as trump.
But the increase in gross domestic product hasn’t hit 3%. It was only 2.3% in 2017 and 2.9% in 2018, when the cuts kicked in. The U.S. Bureau of Economic Analysis estimates only 2.3% for 2019. Overall, annual GDP growth under Mr. Trump has averaged only a few tenths of a point better than that of President Obama’s second term.
You are wrong.

And that chart is annual GDP growth.

Trump did achieve 3% liar. You can confirm from BEA.

According to you so did Obama.... But you are confused, stop embarrassing yourself.
You fucking idiot. Obama did not have a calendar year of 3% growth, Trump did.
You're fucking deranged, con. 2015 was 3.1%...


Meanwhile, Impeached Trump is the only president recorded to not have a year over 3% growth or a quarter of 4% or more.
President Trump's numbers still outpace Obama, and Europe.

No wonder, he has made common sense changes that these idiots could never have achieved.
 

Zorro!

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TRUMP ECONOMY IS HUMMING: Despite the Covid-19 lockdown, the American economy is beating all kinds of expectations.

1600827159607.png

Soundly Beating Expectations.​

83% of companies in the S&P 500 beat expectations for earnings in the second quarter of the year, the first time that’s happened in more than a decade.

That’s been a common refrain over the past several months, as the economic recovery from the COVID-19 shutdowns has repeatedly outperformed what the “experts” expected. Here’s a sampling of headlines:

  • “US economy added 1.8m jobs in July, beating expectations
  • “Jobs Numbers in July Beat Expectations for Third Straight Month”
  • “Corporate Earnings Beat Analysts’ Expectations”
  • “US consumer sentiment hit a 6-month high in September, beating economist forecasts
  • “U.S. new home sales beat expectations in July”
In some cases, the difference between what economists were predicting at the start of the pandemic and what’s actually occurred is stark.

Take the forecasts for unemployment.

In March, economists at the Federal Reserve Bank of St. Louis projected the unemployment rate would top 32%.

That same month, Goldman Sachs said the unemployment rate will peak at around 15% later in the year.

A May survey of economists by FiveThirtyEight.com found that the median forecast for the May unemployment rate was 20%.

What actually happened?

The unemployment rate peaked in April at 14.7%, then dropped to 13.3% in May.

The experts were just as wrong about the speed of the jobs recovery.

In FiveThirtyEight’s May survey, the median forecast was an unemployment rate of 12% in December.

In June, S&P Global said that it expected the unemployment rate would be 8.9% by the end of the year.

That same month, the Federal Reserve forecast an unemployment rate of 9.3% by 2020’s end.

In July, the Congressional Budget Office projected that unemployment would be above 10% in the final three months of the year.

What actually happened?

The unemployment rate fell to 10.2% in June, and then down to 8.4% in August, with four months left to go in the year.

We were also treated to a series of articles in July about how the recovery was supposedly “stalling out.”

CNN reported – in a story headlined “The economy is in deep trouble again” – that “a growing sense that the recovery is losing steam as coronavirus infections surge in California, Texas, Florida and other Sun Belt states.”

Around the same time, CBS News ran a story with the headline “U.S. economy stalls as the coronavirus continues to surge.” The story quoted Gregory Daco, chief U.S. economist at Oxford Economics, saying “The foundations to this recovery are cracking under the weight of a mismanaged health crisis.”


Reuters joined in with a story titled: “U.S. weekly jobless claims unexpectedly rise; labor market recovery stalling”

Bloomberg warned that “U.S. Economic Recovery Is Stalling and It May Get Even Worse.”

Yet shortly after all those dire predictions, the Atlanta Fed’s GDPNow estimate for the third quarter steadily rose from just over 10% to more than 30%.

In other words, as the actual economic data started coming in for Q3, they didn’t show an economy stalling, but one doing better than initially expected.

With less than 10 days to go, the current GDPNow estimate for Q3 is an eye-popping 32%.

Yet, we continue to see headlines warning about a stalling economy.

The unemployment figures for September will be out until the first week of October. The government’s official estimate of growth in the third quarter will be out Oct. 29.
 

Faun

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TRUMP ECONOMY IS HUMMING: Despite the Covid-19 lockdown, the American economy is beating all kinds of expectations.

View attachment 391875
Soundly Beating Expectations.​

83% of companies in the S&P 500 beat expectations for earnings in the second quarter of the year, the first time that’s happened in more than a decade.

That’s been a common refrain over the past several months, as the economic recovery from the COVID-19 shutdowns has repeatedly outperformed what the “experts” expected. Here’s a sampling of headlines:

  • “US economy added 1.8m jobs in July, beating expectations
  • “Jobs Numbers in July Beat Expectations for Third Straight Month”
  • “Corporate Earnings Beat Analysts’ Expectations”
  • “US consumer sentiment hit a 6-month high in September, beating economist forecasts
  • “U.S. new home sales beat expectations in July”
In some cases, the difference between what economists were predicting at the start of the pandemic and what’s actually occurred is stark.

Take the forecasts for unemployment.

In March, economists at the Federal Reserve Bank of St. Louis projected the unemployment rate would top 32%.

That same month, Goldman Sachs said the unemployment rate will peak at around 15% later in the year.

A May survey of economists by FiveThirtyEight.com found that the median forecast for the May unemployment rate was 20%.

What actually happened?

The unemployment rate peaked in April at 14.7%, then dropped to 13.3% in May.

The experts were just as wrong about the speed of the jobs recovery.

In FiveThirtyEight’s May survey, the median forecast was an unemployment rate of 12% in December.

In June, S&P Global said that it expected the unemployment rate would be 8.9% by the end of the year.

That same month, the Federal Reserve forecast an unemployment rate of 9.3% by 2020’s end.

In July, the Congressional Budget Office projected that unemployment would be above 10% in the final three months of the year.

What actually happened?

The unemployment rate fell to 10.2% in June, and then down to 8.4% in August, with four months left to go in the year.

We were also treated to a series of articles in July about how the recovery was supposedly “stalling out.”

CNN reported – in a story headlined “The economy is in deep trouble again” – that “a growing sense that the recovery is losing steam as coronavirus infections surge in California, Texas, Florida and other Sun Belt states.”

Around the same time, CBS News ran a story with the headline “U.S. economy stalls as the coronavirus continues to surge.” The story quoted Gregory Daco, chief U.S. economist at Oxford Economics, saying “The foundations to this recovery are cracking under the weight of a mismanaged health crisis.”


Reuters joined in with a story titled: “U.S. weekly jobless claims unexpectedly rise; labor market recovery stalling”

Bloomberg warned that “U.S. Economic Recovery Is Stalling and It May Get Even Worse.”

Yet shortly after all those dire predictions, the Atlanta Fed’s GDPNow estimate for the third quarter steadily rose from just over 10% to more than 30%.

In other words, as the actual economic data started coming in for Q3, they didn’t show an economy stalling, but one doing better than initially expected.

With less than 10 days to go, the current GDPNow estimate for Q3 is an eye-popping 32%.

Yet, we continue to see headlines warning about a stalling economy.

The unemployment figures for September will be out until the first week of October. The government’s official estimate of growth in the third quarter will be out Oct. 29.
“US economy added 1.8m jobs in July, beating expectations”

Those were not jobs "added." Those were 1.7 million people (200K of which were public sector jobs) who went back to work among the 22 million people who lost their job in March and April.
 

AzogtheDefiler

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An explanation of how strong the Trump economy is............this is why we need Trump to win in November.

Yep. At its height, almost 20% unemployment. Now down to 8.4%. Hippie Stink is correct, that's staggering. Now we're just recovering what was lost during Trump's epic blunder of a response to the virus. Most of it didn't have to happen.
Sorry, that's why Trump needs to go in November...along with as many of his Republican enablers as possible.
They've got this kid in a chair spouting off ignorant talk radio platitudes and they use it as supporting evidence.

That's the level of intellect we're dealing with here.
My clients believe that Trump has helped their businesses. All but one are big supporters.
 

dudmuck

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TRUMP ECONOMY IS HUMMING: Despite the Covid-19 lockdown, the American economy is beating all kinds of expectations.

View attachment 391875
Soundly Beating Expectations.​

83% of companies in the S&P 500 beat expectations for earnings in the second quarter of the year, the first time that’s happened in more than a decade.

That’s been a common refrain over the past several months, as the economic recovery from the COVID-19 shutdowns has repeatedly outperformed what the “experts” expected. Here’s a sampling of headlines:

  • “US economy added 1.8m jobs in July, beating expectations
  • “Jobs Numbers in July Beat Expectations for Third Straight Month”
  • “Corporate Earnings Beat Analysts’ Expectations”
  • “US consumer sentiment hit a 6-month high in September, beating economist forecasts
  • “U.S. new home sales beat expectations in July”
In some cases, the difference between what economists were predicting at the start of the pandemic and what’s actually occurred is stark.

Take the forecasts for unemployment.

In March, economists at the Federal Reserve Bank of St. Louis projected the unemployment rate would top 32%.

That same month, Goldman Sachs said the unemployment rate will peak at around 15% later in the year.

A May survey of economists by FiveThirtyEight.com found that the median forecast for the May unemployment rate was 20%.

What actually happened?

The unemployment rate peaked in April at 14.7%, then dropped to 13.3% in May.

The experts were just as wrong about the speed of the jobs recovery.

In FiveThirtyEight’s May survey, the median forecast was an unemployment rate of 12% in December.

In June, S&P Global said that it expected the unemployment rate would be 8.9% by the end of the year.

That same month, the Federal Reserve forecast an unemployment rate of 9.3% by 2020’s end.

In July, the Congressional Budget Office projected that unemployment would be above 10% in the final three months of the year.

What actually happened?

The unemployment rate fell to 10.2% in June, and then down to 8.4% in August, with four months left to go in the year.

We were also treated to a series of articles in July about how the recovery was supposedly “stalling out.”

CNN reported – in a story headlined “The economy is in deep trouble again” – that “a growing sense that the recovery is losing steam as coronavirus infections surge in California, Texas, Florida and other Sun Belt states.”

Around the same time, CBS News ran a story with the headline “U.S. economy stalls as the coronavirus continues to surge.” The story quoted Gregory Daco, chief U.S. economist at Oxford Economics, saying “The foundations to this recovery are cracking under the weight of a mismanaged health crisis.”


Reuters joined in with a story titled: “U.S. weekly jobless claims unexpectedly rise; labor market recovery stalling”

Bloomberg warned that “U.S. Economic Recovery Is Stalling and It May Get Even Worse.”

Yet shortly after all those dire predictions, the Atlanta Fed’s GDPNow estimate for the third quarter steadily rose from just over 10% to more than 30%.

In other words, as the actual economic data started coming in for Q3, they didn’t show an economy stalling, but one doing better than initially expected.

With less than 10 days to go, the current GDPNow estimate for Q3 is an eye-popping 32%.

Yet, we continue to see headlines warning about a stalling economy.

The unemployment figures for September will be out until the first week of October. The government’s official estimate of growth in the third quarter will be out Oct. 29.
issues and insights?





GDP dropped %32.9 in 2nd quarter. Thanks Trump.
 

Ray From Cleveland

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TRUMP ECONOMY IS HUMMING: Despite the Covid-19 lockdown, the American economy is beating all kinds of expectations.

View attachment 391875
Soundly Beating Expectations.​

83% of companies in the S&P 500 beat expectations for earnings in the second quarter of the year, the first time that’s happened in more than a decade.

That’s been a common refrain over the past several months, as the economic recovery from the COVID-19 shutdowns has repeatedly outperformed what the “experts” expected. Here’s a sampling of headlines:

  • “US economy added 1.8m jobs in July, beating expectations
  • “Jobs Numbers in July Beat Expectations for Third Straight Month”
  • “Corporate Earnings Beat Analysts’ Expectations”
  • “US consumer sentiment hit a 6-month high in September, beating economist forecasts
  • “U.S. new home sales beat expectations in July”
In some cases, the difference between what economists were predicting at the start of the pandemic and what’s actually occurred is stark.

Take the forecasts for unemployment.

In March, economists at the Federal Reserve Bank of St. Louis projected the unemployment rate would top 32%.

That same month, Goldman Sachs said the unemployment rate will peak at around 15% later in the year.

A May survey of economists by FiveThirtyEight.com found that the median forecast for the May unemployment rate was 20%.

What actually happened?

The unemployment rate peaked in April at 14.7%, then dropped to 13.3% in May.

The experts were just as wrong about the speed of the jobs recovery.

In FiveThirtyEight’s May survey, the median forecast was an unemployment rate of 12% in December.

In June, S&P Global said that it expected the unemployment rate would be 8.9% by the end of the year.

That same month, the Federal Reserve forecast an unemployment rate of 9.3% by 2020’s end.

In July, the Congressional Budget Office projected that unemployment would be above 10% in the final three months of the year.

What actually happened?

The unemployment rate fell to 10.2% in June, and then down to 8.4% in August, with four months left to go in the year.

We were also treated to a series of articles in July about how the recovery was supposedly “stalling out.”

CNN reported – in a story headlined “The economy is in deep trouble again” – that “a growing sense that the recovery is losing steam as coronavirus infections surge in California, Texas, Florida and other Sun Belt states.”

Around the same time, CBS News ran a story with the headline “U.S. economy stalls as the coronavirus continues to surge.” The story quoted Gregory Daco, chief U.S. economist at Oxford Economics, saying “The foundations to this recovery are cracking under the weight of a mismanaged health crisis.”


Reuters joined in with a story titled: “U.S. weekly jobless claims unexpectedly rise; labor market recovery stalling”

Bloomberg warned that “U.S. Economic Recovery Is Stalling and It May Get Even Worse.”

Yet shortly after all those dire predictions, the Atlanta Fed’s GDPNow estimate for the third quarter steadily rose from just over 10% to more than 30%.

In other words, as the actual economic data started coming in for Q3, they didn’t show an economy stalling, but one doing better than initially expected.

With less than 10 days to go, the current GDPNow estimate for Q3 is an eye-popping 32%.

Yet, we continue to see headlines warning about a stalling economy.

The unemployment figures for September will be out until the first week of October. The government’s official estimate of growth in the third quarter will be out Oct. 29.
issues and insights?





GDP dropped %32.9 in 2nd quarter. Thanks Trump.
Thank Trump but no criticism of China. Typical leftist.
 

ABikerSailor

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Quick question Ray, if you don't criticize China, that automatically makes a person a "leftist"?

I guess Trump and his daughter (who have products they sell made in China) must make them a leftist as well? I mean, it's one thing to say bad things about a country that you don't like, but it's a whole different level when you ask the same country you claim to not like to make your stuff and give your daughter patents, eh?
 

j-mac

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An explanation of how strong the Trump economy is............this is why we need Trump to win in November.

Yep. At its height, almost 20% unemployment. Now down to 8.4%. Hippie Stink is correct, that's staggering. Now we're just recovering what was lost during Trump's epic blunder of a response to the virus. Most of it didn't have to happen.
Sorry, that's why Trump needs to go in November...along with as many of his Republican enablers as possible.
They've got this kid in a chair spouting off ignorant talk radio platitudes and they use it as supporting evidence.

That's the level of intellect we're dealing with here.
Says the fraud...
 

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