Trump lies are unraveling ... New data challenges Trump's economic narrative

[Denizen]

LMAO Trump has broken decades old records in both domestic and global economic optimism, numbers Obama could have only dreamed of achieving.

That's the problem between optimism and reality. Trump has broken the link to reality.

Obama was the sorcerer and Trump is the sorcerer's apprentice who screws up.

And you, you make Pinnochio look like an amateur.

... like Donald Trump?

Donald Trump's no amateur in the bankruptcy business. He has 7 to his name.

...out of several hundred businesses. I finished it for you so you would appear less dishonest.

At least 499 of Trump's 500 businesses are bogus entities for circulating money around to hide its source.

 

[Third Party]

Where is YOUR link? Or video? Or note from your mother. Try using your brain for once instead of expecting everybody else to explain the hard stuff to you.

Damn dude, you are really worked up over this. Maybe you should just learn to post a link, then you won't take it so hard.

Maybe you should arrive to a politics discussion informed. Trump setting these records was in the news, global CEO optimism, U.S. optimism among small business owners.

No links, it never happened.

So history before the internet did not happen?

You try so hard and fail so badly. I sort of feel bad for you.

I notice you dodged the question. Need help with an answer? Here is a clue-IT DID HAPPEN!

 

[The Purge]

 

[Third Party]

LMAO Trump has broken decades old records in both domestic and global economic optimism, numbers Obama could have only dreamed of achieving.

That's the problem between optimism and reality. Trump has broken the link to reality.

Obama was the sorcerer and Trump is the sorcerer's apprentice who screws up.

And you, you make Pinnochio look like an amateur.

... like Donald Trump?

Donald Trump's no amateur in the bankruptcy business. He has 7 to his name.

Lincoln was a business failure too

 

[Erinwltr]

A Danish Parliament Member put together this hilarious video.



It ends with Trump grab your p.......wait for it........pen.

"grab" and the pause was hilarious!

 

[miketx]

LMAO Trump has broken decades old records in both domestic and global economic optimism, numbers Obama could have only dreamed of achieving.

That's the problem between optimism and reality. Trump has broken the link to reality.

Obama was the sorcerer and Trump is the sorcerer's apprentice who screws up.

And you, you make Pinnochio look like an amateur.

... like Donald Trump?

Donald Trump's no amateur in the bankruptcy business. He has 7 to his name.

...out of several hundred businesses. I finished it for you so you would appear less dishonest.

At least 499 of Trump's 500 businesses are bogus entities for circulating money around to hide its source.

Liar. Spew and run like all you filth.

 

[Third Party]

The greatest economy the world has ever seen is a humongous lie that Trump followers swallow.

The contrary truth to Trump's lies:

1. "I would actually say it’s been a weaker recovery than what we’ve seen previously, particular in comparison to the expansions of the '80s and '90s,” said PNC Bank Chief Economist Gus Faucher."

2. "The recent revision puts Trump's overall monthly average at 177,000.
“We thought we had a bit of acceleration in job growth in 2018, but it looks like instead what we had was roughly the same trend we had before,” Faucher said."

3. "But 31 months into his presidency, Trump now lags previous Democratic presidents when it comes to the Dow's performance. At this point in Obama's first term, the Dow was up 45.2 percent since he took office. For former President Clinton, it was up 39.3 percent. Trump clocks in at 32.2 percent."

4. "“Notwithstanding the White House’s focus on shrinking the trade deficit, expect it to widen by 7 percent to 8 percent for all of 2019, to about $670 billion,” Kiplinger projected"

Trump has damaged the world economy and has started a trade war that may have adverse consequences for decades, for the USA and the global economy.

Meanwhile, US manufacturing is declining, the trade deficit is higher than under Obama, the budget deficit is growing uncontrollably, and Donald Trump has offended allies and supported murderer Mohammed Bin Salman and despots.

The USA is heading towards isolationism which will undo the work of all the presidents who preceded Trump since world war 2 and will trash brand America and damage exports.

New data challenges Trump's economic narrative

New data challenges Trump's economic narrative
BY NIV ELIS - 08/25/19 10:50 AM EDT 1,295

President Trump has repeatedly said the U.S. economy under his watch has been extraordinary.
His tweeted descriptors have included "BOOMING," "GREAT," "stronger than ever" and "perhaps the greatest ECONOMY and most successful first two years of any President in history."

But a slew of recent data suggests the Trump economy has fared no differently than other expansions at this stage. And those same numbers indicate the president's economy may be headed toward a downturn.
“I would actually say it’s been a weaker recovery than what we’ve seen previously, particular in comparison to the expansions of the '80s and '90s,” said PNC Bank Chief Economist Gus Faucher.
That viewpoint has been shaped by figures like the ones released by the Bureau of Labor Statistics on Thursday. The agency issued a downward revision showing the economy added 500,000 fewer jobs from January 2018 through March 2019.
What was once an impressive 223,000 jobs added each month last year, on average, may have been closer to 191,000, according to the new data.
Even before the revision, average monthly job growth since Trump took office has been 193,000, below the 208,000 average in former President Obama's second term. The recent revision puts Trump's overall monthly average at 177,000.
“We thought we had a bit of acceleration in job growth in 2018, but it looks like instead what we had was roughly the same trend we had before,” Faucher said.
Economic growth has exhibited a similar pattern.
A downward revision in gross domestic product by government economists robbed the Trump administration of a talking point that it had achieved four consecutive quarters of growth averaging 3 percent, a threshold Trump has long argued is sustainable over a 10-year period.
Goldman Sachs now estimates that growth will slow to 1.8 percent in the fourth quarter of 2019, a figure Trump is unlikely to trumpet.
“If you judge the economy based on how he’s judged the economy, it’s pretty mixed,” says Mark Zandi, chief economist at Moody’s Analytics, referring to Trump. “He took a lot of credit on the stock market, but it’s gone nowhere since January of 2018.”
Indeed, when it comes to the markets, Trump’s first year set him apart from his predecessors. Twelve months into his presidency, the Dow Jones Industrial Average had soared 31.6 percent, more than any other president, and nearly 6 percentage points better than Obama's first year, when the economy was still in recession.
But 31 months into his presidency, Trump now lags previous Democratic presidents when it comes to the Dow's performance. At this point in Obama's first term, the Dow was up 45.2 percent since he took office. For former President Clinton, it was up 39.3 percent. Trump clocks in at 32.2 percent.
In fact, the Dow's performance under Trump is closest to former President George H.W. Bush, who lost his reelection bid after the economy slipped into a recession.
Trump also came into office promising to wipe out the national debt and lower the trade deficit. Instead, the opposite has happened.
The federal deficit this year is expected to hit close to $1 trillion, up some 70 percent from its 2016 level of $587 billion. Meanwhile, the trade deficit, which stood at $502.3 billion before Trump came into office, has also ballooned.
“Notwithstanding the White House’s focus on shrinking the trade deficit, expect it to widen by 7 percent to 8 percent for all of 2019, to about $670 billion,” Kiplinger projected earlier this month in its economic forecast. “It’s up by 8 percent already in the first half of this year from the comparable first six months of 2018.”
But that's not say the economy is in dire straits. Some bright spots stand out.
“In terms of unemployment levels, the economy looks great,” said Barry Bosworth, a senior fellow in the Economic Studies program at the Brookings Institution.
He noted that the jobless rate is near 50-year lows, more people are working and wages have even started ticking up.
“But if you’re looking at growth rates, it’s unusually slow,” Bosworth added. “This is the longest economic expansion in history, but it’s also the slowest."
Economists point to lower productivity as one reason growth has not accelerated.
Then there are the concerns that a downturn could be on the horizon. In recent weeks, yields on long-term bonds have risen higher than those on short-term ones, creating what's known as “an inverted yield curve.” It's considered one of the best predictors of a recession, though on average the events are separated by 22 months.
“I would expect to see growth slow in the next couple of years, even if there’s not a recession,” said Faucher.
With the stimulus of the 2017 tax law wearing off and a trade war with China escalating almost monthly, Trump may have to answer for a slowing economy as he seeks a second term in office.
“I would say his economy is on borrowed time,” said Zandi. “He bought himself some time by borrowing lots of money and cutting a big check to business and high-income households, but I think his policies are driving the economy into the ditch.”
]

When I was a kid, everything said made in USA. Years later, Japan. So maybe we need to isolate ourselves for a while, so other countries don't take advantage of "deep pockets" USA.

 

[BluesLegend]

LMAO Trump has broken decades old records in both domestic and global economic optimism, numbers Obama could have only dreamed of achieving.

That's the problem between optimism and reality. Trump has broken the link to reality.

Obama was the sorcerer and Trump is the sorcerer's apprentice who screws up.

And you, you make Pinnochio look like an amateur.

... like Donald Trump?

Donald Trump's no amateur in the bankruptcy business. He has 7 to his name.

...out of several hundred businesses. I finished it for you so you would appear less dishonest.

At least 499 of Trump's 500 businesses are bogus entities for circulating money around to hide its source.

 

[Camp]

Pro Trumper's will continue to accept and excuse Trump's compulsive serial lying. Anti Trumper's will continue to promote his character flaw as unacceptable and inexcusable.

Look who's talking, its not like your Dem presidents weren't big fat liars.

Trump has taken Presidential lying to a whole new level, but just because other Presidents have lied and other politicians lie does not excuse Trump's excessive lying. "Other Presidents have lied" qualifies as an "excuse".

 

[BluesLegend]

Pro Trumper's will continue to accept and excuse Trump's compulsive serial lying. Anti Trumper's will continue to promote his character flaw as unacceptable and inexcusable.

Look who's talking, its not like your Dem presidents weren't big fat liars.

Trump has taken Presidential lying to a whole new level, but just because other Presidents have lied and other politicians lie does not excuse Trump's excessive lying. "Other Presidents have lied" qualifies as an "excuse".

Trump is beating the Dem's with their own playbook. Its high time you people got a dose of your own medicine.

 

[Erinwltr]

Trump supporters are funny to watch post. All they do is call folks juvenile silly names, can't post a simple link to back their claims, and resort to even more name calling when proven wrong.

Trump was told by his own economic advisors (who have since left his administration) that tariffs and a trade war were a very bad idea.

 

[BluesLegend]

Trump supporters are funny to watch post. All they do is call folks juvenile silly names, can't post a simple link to back their claims, and resort to even more name calling when proven wrong.

Trump was told by his own economic advisors (who have since left his administration) that tariffs and a trade war were a very bad idea.

Did you demand links from your professors in college? Demanding links is the crutch of the ignorant and uninformed.

 

[SmokeALib]

Trump supporters are funny to watch post. All they do is call folks juvenile silly names, can't post a simple link to back their claims, and resort to even more name calling when proven wrong.

Trump was told by his own economic advisors (who have since left his administration) that tariffs and a trade war were a very bad idea.

Link?

 

[Camp]

Trump supporters are funny to watch post. All they do is call folks juvenile silly names, can't post a simple link to back their claims, and resort to even more name calling when proven wrong.

Trump was told by his own economic advisors (who have since left his administration) that tariffs and a trade war were a very bad idea.

Did you demand links from your professors in college? Demanding links is the crutch of the ignorant and uninformed.

Professors having links is common in the scholastic world. They are called "footnotes" and needed for reports and a thesis. Usually, you learn pretty fast not to demand a link from a professor. You could end up with some extra required reading.

 

[miketx]

Pro Trumper's will continue to accept and excuse Trump's compulsive serial lying. Anti Trumper's will continue to promote his character flaw as unacceptable and inexcusable.

Look who's talking, its not like your Dem presidents weren't big fat liars.

Trump has taken Presidential lying to a whole new level, but just because other Presidents have lied and other politicians lie does not excuse Trump's excessive lying. "Other Presidents have lied" qualifies as an "excuse".

I dont know of any lie he has told.

 

[miketx]

Trump supporters are funny to watch post. All they do is call folks juvenile silly names, can't post a simple link to back their claims, and resort to even more name calling when proven wrong.

Trump was told by his own economic advisors (who have since left his administration) that tariffs and a trade war were a very bad idea.

How to Stop Lying

 

[Harpy Eagle]

Trump supporters are funny to watch post. All they do is call folks juvenile silly names, can't post a simple link to back their claims, and resort to even more name calling when proven wrong.

Trump was told by his own economic advisors (who have since left his administration) that tariffs and a trade war were a very bad idea.

Did you demand links from your professors in college? Demanding links is the crutch of the ignorant and uninformed.

This is an Internet forum, not a college classroom. People make all sorts of claims, I mean we have about 100 or more millionaires on this forum if we believe all the claims.

You made a claim of fact, expecting you to support it is not a crutch, you expecting us to do your job for you is the crutch.

Bottom line, if what you claimed were true you would be able to back it up

 

[Harpy Eagle]

Pro Trumper's will continue to accept and excuse Trump's compulsive serial lying. Anti Trumper's will continue to promote his character flaw as unacceptable and inexcusable.

Look who's talking, its not like your Dem presidents weren't big fat liars.

Trump has taken Presidential lying to a whole new level, but just because other Presidents have lied and other politicians lie does not excuse Trump's excessive lying. "Other Presidents have lied" qualifies as an "excuse".

I dont know of any lie he has told.

On at least two occasions he said his father was born in a quaint village in Germany.

Either he was lying or his grand parents lied on his dads BV.

 

[SassyIrishLass]

LMAO Trump has broken decades old records in both domestic and global economic optimism, numbers Obama could have only dreamed of achieving.

That's the problem between optimism and reality. Trump has broken the link to reality.

Obama was the sorcerer and Trump is the sorcerer's apprentice who screws up.

And you, you make Pinnochio look like an amateur.

... like Donald Trump?

Donald Trump's no amateur in the bankruptcy business. He has 7 to his name.

...out of several hundred businesses. I finished it for you so you would appear less dishonest.

At least 499 of Trump's 500 businesses are bogus entities for circulating money around to hide its source.

That's a lie and anyone with an ounce of sense knows it is

 

[miketx]

Trump supporters are funny to watch post. All they do is call folks juvenile silly names, can't post a simple link to back their claims, and resort to even more name calling when proven wrong.

Trump was told by his own economic advisors (who have since left his administration) that tariffs and a trade war were a very bad idea.

Did you demand links from your professors in college? Demanding links is the crutch of the ignorant and uninformed.

This is an Internet forum, not a college classroom. People make all sorts of claims, I mean we have about 100 or more millionaires on this forum if we believe all the claims.

You made a claim of fact, expecting you to support it is not a crutch, you expecting us to do your job for you is the crutch.

Bottom line, if what you claimed were true you would be able to back it up

The cry from you evil bastards is always the same...proof proof! But in reality, you don't accept proof unless it supports your sick twisted evil view of things.