Trumps economic plan is working

[Hafar1014]

West Virginia is not a blue state.

West Virginia's population has been declining, making it the only state with fewer residents today than 70 years ago. This decline is attributed to factors like economic struggles, lack of opportunities, and an aging population.

Here's a more detailed look:

• Economic Factors:
  West Virginia's economy consistently ranks among the poorest in the US, with low wages and limited job growth.
  
  
• Aging Population:
  The state has a higher percentage of older residents and a lower percentage of younger residents, leading to more deaths than births and a shrinking workforce.
  
  
• • Out-migration:
    Many residents, particularly young people, leave the state in search of better economic opportunities elsewhere.
    
  • Loss of Representation:
    The declining population has resulted in West Virginia losing a seat in Congress and potential loss of federal funding tied to population size, further exacerbating the state's challenges.
    
  • Specific Data:
    Between 2010 and 2020, West Virginia experienced a 3.2% population decline, the highest percentage decrease among all US states. Between 2020 and 2040, the state is projected to lose an additional 5% or 140,117 residents.
    
  • Impact on Services:
    The declining population is impacting services like education and healthcare, as well as reducing tax revenue.
    
  • Efforts to Reverse the Trend:
    West Virginia is trying to attract remote workers by offering incentives like financial assistance and outdoor recreation opportunities.

 

[Moonglow]

Those "dismal numbers" only exist in your pot-addled delusional brain.

• Core inflation beat market expectations for the fifth straight month — every full month since President Trump took office.
  • Since President Trump took office, core inflation has tracked at just 2.1% — levels not seen since the first Trump Administration, when prices were low and stable — and right in line with the Fed’s inflation target.
• Wholesale prices came in completely flat, below market expectations and underscoring the tremendous progress made on taming the Biden-era inflation crisis.
• Industrial production bested market expectations with a higher-than-expected climb, showing that inflation is falling as domestic production surges.
  • Manufacturing output has surged by 1.8% in the first five months of President Trump’s second term, compared to a -0.7% decline in the final five months preceding President Trump’s inauguration.
• Customs and tariff revenues have totaled $120 billion since President Trump took office — topping $100 billion in a fiscal year for the first time ever — including $7 billion in the last week alone, fueling the first June budget surplus in nearly a decade.
• Advance retail sales smashed expectations in June, showing that consumers are confident and spending thanks to low inflation and strong wage gains.
• Consumer sentiment shot up in July, beating market expectations yet again as inflation expectations for the next year dropped sharply.
• Initial claims for unemployment benefits fell for the fifth straight week, confirming the strong jobs report.
• Housing starts and permits for new builds both increased in June above market expectations.

Data Shows U.S. Economy Is Back on Track Under President Trump

Is that why the economy retreated in the first quarter?

 

[Moonglow]

2.67%

US Inflation Rate is at 2.67%, compared to 2.35% last month and 2.97% last year. This is lower than the long term average of 3.28%.

 

[Mac1958]

Is that why the economy retreated in the first quarter?

We'll know a lot more in mid October when the September inflation numbers come out.

If American business is/was able to adequately absorb its increased costs due to paying the tariffs, we could be in decent (or better) shape. By the end of September we should have something close to a final picture.

But no one in the industry is declaring anything one way or the other yet.

 

[Dekster]

Inflation is in decline as well as many prices. Wages and income have increased

Wages have to increase to keep up with inflation for consumers to break even

US dollar is off to its worst start in 50 years. Here's why that matters for you.

A weaker dollar will impact everyday purchases and travel abroad, analysts said.

abcnews.go.com

 

[Moonglow]

Wages have to increase to keep up with inflation for consumers to break even

US dollar is off to its worst start in 50 years. Here's why that matters for you.

A weaker dollar will impact everyday purchases and travel abroad, analysts said.

abcnews.go.com

If only we still had 1970s prices.

 

[Hafar1014]

Is that why the economy retreated in the first quarter?

Trump is converting Bidens debt government spending based economy to wealth based private sector economy. There will be some blips buy so far Trumps plan is working and Americans are all better off. Wages are up, the DOW is at record highs, manufacturing is increasing, inflation coming down. Biden had 4 years to wreck the economy Trump has done a masterful job of repair in just 6 months against the opposition of democrats. We just had the largest middle class tax cut in history voted against by every democrat. That will win elections for them LOL

 

[candycorn]

Trumps economic plan is more than tariffs and its working.
1. Tariffs used to bring in 200-300 billion a year and open foreign markets
2. Tax and regulation cuts increasing the profits of business
3. An end to supports for green energy that costs too much and cant meet the demand of AI
4. Supporting fossil fuels and nuclear power low cost reliable energy that can meet demand of AI and increased use of server banks.

These policies will attract manufacturing from Europe and other foreign countries to move to the US as their dependence on green energy and high taxes drive business away.
Trump has leverage they need to export to our economy more than we need them. China is extremely vulnerable as their economy depends 100% on exports.

Meanwhile back in reality, Chevron just laid off 600 people; tariffs are taxed that were all paying, corporate profits are taking a hit.

 

[Moonglow]

Trump is converting Bidens debt government spending based economy to wealth based private sector economy. There will be some blips buy so far Trumps plan is working and Americans are all better off. Wages are up, the DOW is at record highs, manufacturing is increasing, inflation coming down. Biden had 4 years to wreck the economy Trump has done a masterful job of repair in just 6 months against the opposition of democrats. We just had the largest middle class tax cut in history voted against by every democrat. That will win elections for them LOL

 

[Moonglow]

Meanwhile back in reality, Chevron just laid off 600 people; tariffs are taxed that were all paying, corporate profits are taking a hit.

These guys have got it good, their brainwashing masters are very proud of themselves...meanwhile, the US economy would do just as well without Trump, Biden or any president.

 

[22lcidw]

If only we still had 1970s prices.

You guys do not care if you bankrupt anything for your agendas.

 

[Moonglow]

You guys do not care if you bankrupt anything for your agendas.

My agenda is not to wait too long before going to the bathroom....

 

[Hafar1014]

These guys have got it good, their brainwashing masters are very proud of themselves...meanwhile, the US economy would do just as well without Trump, Biden or any president.

Biden invalidated that idea Trump reversed the Biden train wreck like Reagan reversed the Carter disaster.

 

[Hafar1014]

Meanwhile back in reality, Chevron just laid off 600 people; tariffs are taxed that were all paying, corporate profits are taking a hit.

If you look at the total picture not nit picking isolated events Trumps economy is a n astounding success story in just 6 months. Chevron is doing quite well and the layoffs are in Venezuela

 

[Moonglow]

Biden invalidated that idea Trump reversed the Biden train wreck like Reagan reversed the Carter disaster.

Not really, they simply spent moar money to stimulate the economy.

 

[Moonglow]

If you look at the total picture not nit picking isolated events Trumps economy is a n astounding success story in just 6 months. Chevron is doing quite well and the layoffs are in Venezuela

Six months is not long enough to evaluate Biden's economy...

Trump says it's Biden's economy, but businesses and ...​

AP News
https://apnews.com › article › trump-economy-biden-ta...




May 1, 2025 — Trump knew exactly who to blame: Biden. “This is Biden's Stock Market, not Trump's,'' he posted, adding that Biden “left us with bad numbers.

 

[Hafar1014]

Six months is not long enough to evaluate Biden's economy...

Trump says it's Biden's economy, but businesses and ...​

View attachment 1140388
AP News
https://apnews.com › article › trump-economy-biden-ta...




May 1, 2025 — Trump knew exactly who to blame: Biden. “This is Biden's Stock Market, not Trump's,'' he posted, adding that Biden “left us with bad numbers.

The DOW is at record highs so are my investments but its not based on debt based money like Bidens was. Trump is creating real wealth

 

[Moonglow]

The DOW is at record highs so are my investments but its not based on debt based money like Bidens was. Trump is creating real wealth

The DOW is higher today than yesterday?

No

44,721.16

 

[drudge X]

Thanks Trump. Remember, experts said tariffs would doom us all.

https://finance.yahoo.com/m/53e2a3df-efc5-3990-bfb7-643a19033fc0/stock-market-today-dow-falls.html

 

[drudge X]

The DOW is higher today than yesterday?

No

44,721.16

You can nitpick all you want. 401Ks are up. Roth IRAs are up.