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

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...
 

Mac1958

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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...
:dunno:
 

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.
issues and insights?





GDP dropped %32.9 in 2nd quarter. Thanks Trump.
Thank Trump but no criticism of China. Typical leftist.
When was the last time you blamed Anerica for unleashing the Swine Flu on the rest of the world?
 

Ray From Cleveland

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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?
No, I call somebody a leftist when they childishly use blame transference to the President because their candidate is a decrepit old fool and they feel lying is the only way to win. We all understand lying and cheating are all you have.

Blame Trump for a worldwide pandemic and the deaths that resulted even though he followed all the recommendation of our federal medical experts, blame a Republican President for Democrat voters destroying Democrat cities with the blessing of Democrat Mayors and Governors who told Trump he and his help are not welcome there, blaming the Republican President for a failing economy even though we had less GDP damage than every other G7 country outside of China, if you can trust their numbers.

Now they are trying to figure out how to cheat the system. Piglosi talking about impeaching Trump to try and stop his nomination, and recently said she can impeach Trump every day if she wants. Talks about making DC and Puerto Rico states to get more Democrat Senate seats. Expanding the amount of judges on the Supreme Court to keep their power. Mail in voting. Bloomberg who likely committed a felony by paying the restitution of thousands of felons so they can vote Democrat. I hope they arrest him and throw his rich ass in prison.
 

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.
Thank Trump but no criticism of China. Typical leftist.
Current mindset of the president:

Only suckers and losers accept responsibility for anything which goes wrong. Winners only take credit for things with go right.
 

Zorro!

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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.
Yup. Trump consistently exceeds economic expectations.
 

Zorro!

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Joined
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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.
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”
I agree that is was simply amazing that the American People voluntarily agreed to what amounted to House Arrest in order to protect the most vulnerable among us and to give the medical community time to develop a greater understanding of the challenge and more effective treatments, and you know what? It worked.

On April1, the first day of the 2nd quarter, the completed case death rate for COVID was 41.98%
Today, it has dropped to 4.51%, a simply astounding performance by our People working hand in hand with our medical delivery folks. It's absolutely remarkable what the American People can do when we put our minds to it.


We started reopening in the 3rd quarter, and oh man, are we seeing growth! The best quarter ever recorded in the US is 16.7% Q1 1950, a record that has held for over 70 years and through 11 presidents, looks ready to fall before the mighty Trump-led American People!

The Mid-line of the Blue Chip Consensus is hovering right at 24%. As you can see we stumbled a little coming out of the gate on July 1, staggering a bit, maybe from atrophy, but you know what? We shook it off and started hitting our stride on about July 5, slowly building, slowly building, and then finding another gear about August 4, powering through 20%, wildly beating everyone's expectations, but you know what? We dug even deeper, and as we rounded the end of August, it looks like we found even another gear, and we are powering through Sept like nobody's business, screaming out of the 12th week of the quarter, into the 13th and final week at a pace no one could have predicted. This looks like a performance for the ages and I couldn't be prouder of the American People. And you know what? The best is to come, as the rest of the states continue to come on line, we probably going to see a Santa Claus rally that we are going to be telling our kids and grandkids about. What a great time to be alive and in the midst of a truly great performance by the American People.

1600893367979.png
 

dudmuck

Gold Member
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Location
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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.
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”
I agree that is was simply amazing that the American People voluntarily agreed to what amounted to House Arrest in order to protect the most vulnerable among us and to give the medical community time to develop a greater understanding of the challenge and more effective treatments, and you know what? It worked.

On April1, the first day of the 2nd quarter, the completed case death rate for COVID was 41.98%
Today, it has dropped to 4.51%, a simply astounding performance by our People working hand in hand with our medical delivery folks. It's absolutely remarkable what the American People can do when we put our minds to it.


We started reopening in the 3rd quarter, and oh man, are we seeing growth! The best quarter ever recorded in the US is 16.7% Q1 1950, a record that has held for over 70 years and through 11 presidents, looks ready to fall before the mighty Trump-led American People!

The Mid-line of the Blue Chip Consensus is hovering right at 24%. As you can see we stumbled a little coming out of the gate on July 1, staggering a bit, maybe from atrophy, but you know what? We shook it off and started hitting our stride on about July 5, slowly building, slowly building, and then finding another gear about August 4, powering through 20%, wildly beating everyone's expectations, but you know what? We dug even deeper, and as we rounded the end of August, it looks like we found even another gear, and we are powering through Sept like nobody's business, screaming out of the 12th week of the quarter, into the 13th and final week at a pace no one could have predicted. This looks like a performance for the ages and I couldn't be prouder of the American People. And you know what? The best is to come, as the rest of the states continue to come on line, we probably going to see a Santa Claus rally that we are going to be telling our kids and grandkids about. What a great time to be alive and in the midst of a truly great performance by the American People.



 

Zorro!

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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.
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”
I agree that is was simply amazing that the American People voluntarily agreed to what amounted to House Arrest in order to protect the most vulnerable among us and to give the medical community time to develop a greater understanding of the challenge and more effective treatments, and you know what? It worked.

On April1, the first day of the 2nd quarter, the completed case death rate for COVID was 41.98%
Today, it has dropped to 4.51%, a simply astounding performance by our People working hand in hand with our medical delivery folks. It's absolutely remarkable what the American People can do when we put our minds to it.


We started reopening in the 3rd quarter, and oh man, are we seeing growth! The best quarter ever recorded in the US is 16.7% Q1 1950, a record that has held for over 70 years and through 11 presidents, looks ready to fall before the mighty Trump-led American People!

The Mid-line of the Blue Chip Consensus is hovering right at 24%. As you can see we stumbled a little coming out of the gate on July 1, staggering a bit, maybe from atrophy, but you know what? We shook it off and started hitting our stride on about July 5, slowly building, slowly building, and then finding another gear about August 4, powering through 20%, wildly beating everyone's expectations, but you know what? We dug even deeper, and as we rounded the end of August, it looks like we found even another gear, and we are powering through Sept like nobody's business, screaming out of the 12th week of the quarter, into the 13th and final week at a pace no one could have predicted. This looks like a performance for the ages and I couldn't be prouder of the American People. And you know what? The best is to come, as the rest of the states continue to come on line, we probably going to see a Santa Claus rally that we are going to be telling our kids and grandkids about. What a great time to be alive and in the midst of a truly great performance by the American People.

Fake News:

The unemployment rate is 8.4% not 11.1% You are overstating the rate by over 24%!


Your claim that we just lost 7,825,00 jobs is another Fake News Lie. We just GAINED 3,756,000 jobs!


Coal mining employment is UP a 100 jobs, not down 7,100 as your fake news claims.


Your claim that we are losing Manufacturing jobs is also fake news: Our most recent figures are not a loss of 274,000 but a GAIN of 643,000 just since April!


More Fake News on our Trade Deficit. Our trade deficit is not up 15.3%. Year to date it is DOWN from $-509,289.80M to $-486,506.70M a 4% improvement.


Your claim of a 5.5% increase in the consumer price index is also fake news. The CPI FELL to 0.37%


You don't have to be such a sucker for Fake News. This is all pretty easy to look up yourself, and I just showed you how....YOU'RE WELCOME!
 

Ray From Cleveland

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Joined
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Messages
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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.
Current mindset of the president:

Only suckers and losers accept responsibility for anything which goes wrong. Winners only take credit for things with go right.
Which is why you on the left spent the first three years of the DumBama administration blaming Trump for everything.

Worldwide pandemic: 200,000 Americans dead because of Trump.

Economic downturn because of virus: See how Trump's economic policies work? Forget the last three years of a booming economy and record setting economic statistics for women and all minority groups.

California still on fire: Trump's environmental policies (we just can't name one).

Democrats destroying Democrat cities, with the blessings of Democrat Mayors and Governors, because a cop in a Democrat city, kneeled on a black guys neck and he died. All of Trump's help was declined: See how Trump's America is tearing down our country?
 

Faun

Diamond Member
Joined
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Messages
70,466
Reaction score
12,366
Points
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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.
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”
I agree that is was simply amazing that the American People voluntarily agreed to what amounted to House Arrest in order to protect the most vulnerable among us and to give the medical community time to develop a greater understanding of the challenge and more effective treatments, and you know what? It worked.

On April1, the first day of the 2nd quarter, the completed case death rate for COVID was 41.98%
Today, it has dropped to 4.51%, a simply astounding performance by our People working hand in hand with our medical delivery folks. It's absolutely remarkable what the American People can do when we put our minds to it.


We started reopening in the 3rd quarter, and oh man, are we seeing growth! The best quarter ever recorded in the US is 16.7% Q1 1950, a record that has held for over 70 years and through 11 presidents, looks ready to fall before the mighty Trump-led American People!

The Mid-line of the Blue Chip Consensus is hovering right at 24%. As you can see we stumbled a little coming out of the gate on July 1, staggering a bit, maybe from atrophy, but you know what? We shook it off and started hitting our stride on about July 5, slowly building, slowly building, and then finding another gear about August 4, powering through 20%, wildly beating everyone's expectations, but you know what? We dug even deeper, and as we rounded the end of August, it looks like we found even another gear, and we are powering through Sept like nobody's business, screaming out of the 12th week of the quarter, into the 13th and final week at a pace no one could have predicted. This looks like a performance for the ages and I couldn't be prouder of the American People. And you know what? The best is to come, as the rest of the states continue to come on line, we probably going to see a Santa Claus rally that we are going to be telling our kids and grandkids about. What a great time to be alive and in the midst of a truly great performance by the American People.

Fake News:

The unemployment rate is 8.4% not 11.1% You are overstating the rate by over 24%!


Your claim that we just lost 7,825,00 jobs is another Fake News Lie. We just GAINED 3,756,000 jobs!


Coal mining employment is UP a 100 jobs, not down 7,100 as your fake news claims.


Your claim that we are losing Manufacturing jobs is also fake news: Our most recent figures are not a loss of 274,000 but a GAIN of 643,000 just since April!


More Fake News on our Trade Deficit. Our trade deficit is not up 15.3%. Year to date it is DOWN from $-509,289.80M to $-486,506.70M a 4% improvement.


Your claim of a 5.5% increase in the consumer price index is also fake news. The CPI FELL to 0.37%


You don't have to be such a sucker for Fake News. This is all pretty easy to look up yourself, and I just showed you how....YOU'RE WELCOME!
The real unemployment rate is: 14.2% :ack-1:

 

JackOfNoTrades

Diamond Member
Gold Supporting Member
Joined
Nov 30, 2019
Messages
7,197
Reaction score
5,574
Points
1,940
Location
Granite State
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.
Current mindset of the president:

Only suckers and losers accept responsibility for anything which goes wrong. Winners only take credit for things with go right.
Which is why you on the left spent the first three years of the DumBama administration blaming Trump for everything.

Worldwide pandemic: 200,000 Americans dead because of Trump.

Economic downturn because of virus: See how Trump's economic policies work? Forget the last three years of a booming economy and record setting economic statistics for women and all minority groups.

California still on fire: Trump's environmental policies (we just can't name one).

Democrats destroying Democrat cities, with the blessings of Democrat Mayors and Governors, because a cop in a Democrat city, kneeled on a black guys neck and he died. All of Trump's help was declined: See how Trump's America is tearing down our country?
Huh?? Did we reverse time here? I think you meant the GWB administration. And after the absolute mess he left things in, I don't have a problem with that. And I suppose you've forgotten that for the 3.5 years your hero has sat in the Oval Office, he has been beyond obsessed with trying to undo, destroy, and eradicate anything to do with his predecessor. While talking him down every chance he gets. So to be honest, you have no leg to stand on with that argument.

200K+ Americans dead. All from Trump's blown response to the virus. You crow about the "booming economy", but give no credit to his predecessor (who's the one who handed it off to him). All the while not giving Trump any of the blame for the economic carnage brought about by his inaction. You'll just blame it on China...or it's just the Democrat's latest hoax.

Meanwhile, your hero is doing everything he can to sow discord and division ahead of the election...which it looks like he's going to lose in a landslide. All I hear from the right hand side of the aisle are crickets chirping.
 

Ray From Cleveland

Diamond Member
Joined
Aug 16, 2015
Messages
65,254
Reaction score
14,524
Points
2,290
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.
Current mindset of the president:

Only suckers and losers accept responsibility for anything which goes wrong. Winners only take credit for things with go right.
Which is why you on the left spent the first three years of the DumBama administration blaming Trump for everything.

Worldwide pandemic: 200,000 Americans dead because of Trump.

Economic downturn because of virus: See how Trump's economic policies work? Forget the last three years of a booming economy and record setting economic statistics for women and all minority groups.

California still on fire: Trump's environmental policies (we just can't name one).

Democrats destroying Democrat cities, with the blessings of Democrat Mayors and Governors, because a cop in a Democrat city, kneeled on a black guys neck and he died. All of Trump's help was declined: See how Trump's America is tearing down our country?
Huh?? Did we reverse time here? I think you meant the GWB administration. And after the absolute mess he left things in, I don't have a problem with that. And I suppose you've forgotten that for the 3.5 years your hero has sat in the Oval Office, he has been beyond obsessed with trying to undo, destroy, and eradicate anything to do with his predecessor. While talking him down every chance he gets. So to be honest, you have no leg to stand on with that argument.

200K+ Americans dead. All from Trump's blown response to the virus. You crow about the "booming economy", but give no credit to his predecessor (who's the one who handed it off to him). All the while not giving Trump any of the blame for the economic carnage brought about by his inaction. You'll just blame it on China...or it's just the Democrat's latest hoax.

Meanwhile, your hero is doing everything he can to sow discord and division ahead of the election...which it looks like he's going to lose in a landslide. All I hear from the right hand side of the aisle are crickets chirping.
We're here front and center to talk about anything. If you're hearing something that sounds like crickets, I suggest getting your hearing checked.

In order to give somebody credit for the economy, you have to highlight what they did that provided that economy. I can name several things Trump did, but you can't name anything DumBama did. And no, that stimulus was crap. You know, those shovel ready jobs just were't shovel ready?

Given the fact presidents don't create jobs, the private market does, you're going to have a hell of a time convincing me the most anti-business President in our lifetime was responsible for a good economy. The economy didn't grow because of Hussein, it grew in spite of him which is why it was the slowest recovery in generations.

Our President is not a dictator. He can't force people to stay home or wear masks when in public. Trump is no more responsible for the Covid deaths in this country than Clinton was for the OKC bombing. If you want to look at who sent people to their death, try NYC. Trump followed all recommendations of Dr. Fauci and the CDC. Need the video of Fauci saying that, let me know, I have it right here in my folder.
 

Zorro!

Gold Member
Joined
Apr 9, 2019
Messages
9,567
Reaction score
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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.
Current mindset of the president:

Only suckers and losers accept responsibility for anything which goes wrong. Winners only take credit for things with go right.
Which is why you on the left spent the first three years of the DumBama administration blaming Trump for everything.

Worldwide pandemic: 200,000 Americans dead because of Trump.

Economic downturn because of virus: See how Trump's economic policies work? Forget the last three years of a booming economy and record setting economic statistics for women and all minority groups.

California still on fire: Trump's environmental policies (we just can't name one).

Democrats destroying Democrat cities, with the blessings of Democrat Mayors and Governors, because a cop in a Democrat city, kneeled on a black guys neck and he died. All of Trump's help was declined: See how Trump's America is tearing down our country?
Huh?? Did we reverse time here? I think you meant the GWB administration...
Bush and Obama were the two worst back to back Presidents in American History. It's so nice to have a real President again.

1600990751289.png

Michelle with Dumb and Dumber.​

... You crow about the "booming economy", but give no credit to his predecessor (who's the one who handed it off to him)...
Obama handed off a plunging economy: but Trump expertly turned it around, very quickly.


... You'll just blame it on China...
It's China's fault. China lied about person to person transmission as 5,000,000 visitors left Wuhan, seeding the pandemic throughout the world.
... it looks like he's going to lose in a landslide...
Yes. You should feel very good about how this election is shaping up for you.

1600991308160.png

270 wins it, looks like Biden's won!​
 

Attachments

Brain357

Platinum Member
Joined
Mar 30, 2013
Messages
34,476
Reaction score
2,939
Points
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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.
Current mindset of the president:

Only suckers and losers accept responsibility for anything which goes wrong. Winners only take credit for things with go right.
Which is why you on the left spent the first three years of the DumBama administration blaming Trump for everything.

Worldwide pandemic: 200,000 Americans dead because of Trump.

Economic downturn because of virus: See how Trump's economic policies work? Forget the last three years of a booming economy and record setting economic statistics for women and all minority groups.

California still on fire: Trump's environmental policies (we just can't name one).

Democrats destroying Democrat cities, with the blessings of Democrat Mayors and Governors, because a cop in a Democrat city, kneeled on a black guys neck and he died. All of Trump's help was declined: See how Trump's America is tearing down our country?
Huh?? Did we reverse time here? I think you meant the GWB administration...
Bush and Obama were the two worst back to back Presidents in American History. It's so nice to have a real President again.

View attachment 392543
Michelle with Dumb and Dumber.​

... You crow about the "booming economy", but give no credit to his predecessor (who's the one who handed it off to him)...
Obama handed off a plunging economy: but Trump expertly turned it around, very quickly.


... You'll just blame it on China...
It's China's fault. China lied about person to person transmission as 5,000,000 visitors left Wuhan, seeding the pandemic throughout the world.
... it looks like he's going to lose in a landslide...
Yes. You should feel very good about how this election is shaping up for you.

View attachment 392548
270 wins it, looks like Biden's won!​
You need to stop taking crack. Last year before the pandemic with all of trump policy in place what happened? GDP grown went down! And it went down while running a trillion dollar deficit. The trump economy is weak and fueled by debt.
 

Zorro!

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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.
Current mindset of the president:

Only suckers and losers accept responsibility for anything which goes wrong. Winners only take credit for things with go right.
Which is why you on the left spent the first three years of the DumBama administration blaming Trump for everything.

Worldwide pandemic: 200,000 Americans dead because of Trump.

Economic downturn because of virus: See how Trump's economic policies work? Forget the last three years of a booming economy and record setting economic statistics for women and all minority groups.

California still on fire: Trump's environmental policies (we just can't name one).

Democrats destroying Democrat cities, with the blessings of Democrat Mayors and Governors, because a cop in a Democrat city, kneeled on a black guys neck and he died. All of Trump's help was declined: See how Trump's America is tearing down our country?
Huh?? Did we reverse time here? I think you meant the GWB administration...
Bush and Obama were the two worst back to back Presidents in American History. It's so nice to have a real President again.

View attachment 392543
Michelle with Dumb and Dumber.​

... You crow about the "booming economy", but give no credit to his predecessor (who's the one who handed it off to him)...
Obama handed off a plunging economy: but Trump expertly turned it around, very quickly.


... You'll just blame it on China...
It's China's fault. China lied about person to person transmission as 5,000,000 visitors left Wuhan, seeding the pandemic throughout the world.
... it looks like he's going to lose in a landslide...
Yes. You should feel very good about how this election is shaping up for you.

View attachment 392548
270 wins it, looks like Biden's won!​
...GDP grown...
Yup. Obama limped out with 1.7% real GDP growth. Trump's beat that every year. And current GDP is likely the best ever recorded.

The previous record GDP growth was 16.7% in Q1 of 1950, a record that had held for 70 years and 11 Presidents. That record may very well go down, this very quarter.

The midline of the Blue Chip Consensus for the current quarter is a torrid 24%.

1600993456341.png

Nobody thought it could be done, except Trump! Trump believes in The American People, it's WE that are accomplishing this!
 

Brain357

Platinum Member
Joined
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Messages
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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.
Current mindset of the president:

Only suckers and losers accept responsibility for anything which goes wrong. Winners only take credit for things with go right.
Which is why you on the left spent the first three years of the DumBama administration blaming Trump for everything.

Worldwide pandemic: 200,000 Americans dead because of Trump.

Economic downturn because of virus: See how Trump's economic policies work? Forget the last three years of a booming economy and record setting economic statistics for women and all minority groups.

California still on fire: Trump's environmental policies (we just can't name one).

Democrats destroying Democrat cities, with the blessings of Democrat Mayors and Governors, because a cop in a Democrat city, kneeled on a black guys neck and he died. All of Trump's help was declined: See how Trump's America is tearing down our country?
Huh?? Did we reverse time here? I think you meant the GWB administration...
Bush and Obama were the two worst back to back Presidents in American History. It's so nice to have a real President again.

View attachment 392543
Michelle with Dumb and Dumber.​

... You crow about the "booming economy", but give no credit to his predecessor (who's the one who handed it off to him)...
Obama handed off a plunging economy: but Trump expertly turned it around, very quickly.


... You'll just blame it on China...
It's China's fault. China lied about person to person transmission as 5,000,000 visitors left Wuhan, seeding the pandemic throughout the world.
... it looks like he's going to lose in a landslide...
Yes. You should feel very good about how this election is shaping up for you.

View attachment 392548
270 wins it, looks like Biden's won!​
...GDP grown...
Yup. Obama limped out with 1.7% real GDP growth. Trump's beat that every year. And current GDP is likely the best ever recorded.

The previous record GDP growth was 16.7% in Q1 of 1950, a record that had held for 70 years and 11 Presidents. That record may very well go down, this very quarter.

The midline of the Blue Chip Consensus for the current quarter is a torrid 24%.

Nobody thought it could be done, except Trump!
He has the record for the biggest drop. Last year GDP growth was 2.3%, a big drop from the previous year. And that was will a trillion dollar deficit. Pathetic.
 

Brain357

Platinum Member
Joined
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Messages
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Reaction score
2,939
Points
1,115
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.
Yup. Trump consistently exceeds economic expectations.
 

AzogtheDefiler

The Pale Orc
Gold Supporting Member
Joined
Aug 4, 2018
Messages
33,840
Reaction score
9,987
Points
1,340
Location
Boston, MA
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.
Yup. Trump consistently exceeds economic expectations.
You’re still alive? Sigh....
 

Zorro!

Gold Member
Joined
Apr 9, 2019
Messages
9,567
Reaction score
2,862
Points
265
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.
Current mindset of the president:

Only suckers and losers accept responsibility for anything which goes wrong. Winners only take credit for things with go right.
Which is why you on the left spent the first three years of the DumBama administration blaming Trump for everything.

Worldwide pandemic: 200,000 Americans dead because of Trump.

Economic downturn because of virus: See how Trump's economic policies work? Forget the last three years of a booming economy and record setting economic statistics for women and all minority groups.

California still on fire: Trump's environmental policies (we just can't name one).

Democrats destroying Democrat cities, with the blessings of Democrat Mayors and Governors, because a cop in a Democrat city, kneeled on a black guys neck and he died. All of Trump's help was declined: See how Trump's America is tearing down our country?
Huh?? Did we reverse time here? I think you meant the GWB administration...
Bush and Obama were the two worst back to back Presidents in American History. It's so nice to have a real President again.

View attachment 392543
Michelle with Dumb and Dumber.​

... You crow about the "booming economy", but give no credit to his predecessor (who's the one who handed it off to him)...
Obama handed off a plunging economy: but Trump expertly turned it around, very quickly.


... You'll just blame it on China...
It's China's fault. China lied about person to person transmission as 5,000,000 visitors left Wuhan, seeding the pandemic throughout the world.
... it looks like he's going to lose in a landslide...
Yes. You should feel very good about how this election is shaping up for you.

View attachment 392548
270 wins it, looks like Biden's won!​
...GDP grown...
Yup. Obama limped out with 1.7% real GDP growth. Trump's beat that every year. And current GDP is likely the best ever recorded.

The previous record GDP growth was 16.7% in Q1 of 1950, a record that had held for 70 years and 11 Presidents. That record may very well go down, this very quarter.

The midline of the Blue Chip Consensus for the current quarter is a torrid 24%.

Nobody thought it could be done, except Trump!
... Last year GDP growth was 2.3%...
Yup. A 35% improvement over Obama's final year. And the current quarter? Shaping up to be the strongest ever recorded in the history of the Republic.

1600996761930.png

Biden's been in federal office for 20% of the nation's history and he's never seen a quarter like the one the American People are laying down, right now.​
... a trillion dollar deficit...
In our system the House of Representatives controls the nation's purse strings, and you are right, the deficit has really gone to hell since Crazy Nancy took over the Speakership. She embarrasses you guys, you should dump her. Don't you have any capable leaders that aren't in the 80's and who aren't constantly in a tantrum?

1600997096837.png
 

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