Why? What bearing does a good economy have on if the POTUS has committed an offense worthy of impeachment? Should a POTUS be allowed to do illegal things as long as the economy is booming?
Specifically, what did President Donald Trump do which is illegal?
My experience with bosses like Trump is very different. They tend to take credit for things they had nothing to do with and actually accomplish very little once you work past all the fluff.
Fluff?
Steve Moore: Middle-class Incomes Surge More Than $5,000 Under Trump Economy
BY PETER VICENZI
10/07/2019
Steve Moore: Middle-class Incomes Surge More Than $5,000 Under Trump Economy | FreedomWorks
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Younger and Minority Workers Lead Wage Gains as Expansion Ages
Oct. 17, 2019, 8:59 AM
A tightening labor market with U.S. unemployment rate at a 50-year low is starting to result in higher wages for full-time workers, including younger people and minorities whose pay has lagged.
Median weekly earnings for Americans in the third quarter rose 3.6% to $919, outpacing inflation, the U.S. Labor Department reported Wednesday. Earnings for those aged 25 to 54, in their prime working years, rose by 5%, the fastest rate of growth in recent years.
Younger and Minority Workers Lead Wage Gains as Expansion Ages
###
ECONOMY
Record-low black unemployment cheered by black activists
Published 1 month ago on September 9, 2019
[...]
“Love him or hate him, this is an incredible economic accomplishment for the President and a tremendous benefit for American blacks,” said Project 21 member
Derryck Green.
Along with a reported third straight month of
3.7 percent overall unemployment, the federal Bureau of Labor Statistics (BLS) August jobs report noted that the overall black unemployment rate fell half-a-percent to
5.5 percent. This is the lowest black unemployment rate ever recorded. BLS began reporting employment statistics by race in 1972. And with overall white unemployment at 3.4 percent, it is also the smallest reported gap between the races ever in terms of joblessness. Until recently, the racial employment disparity between blacks and whites has generally held to a
2-1 margin.
Record-low black unemployment cheered by black activists
###
Help wanted: Too many jobs and not enough workers in most states
Tim Henderson, Stateline Published 8:00 a.m. CT Oct. 15, 2019 | Updated 7:10 p.m. CT Oct. 15, 2019
In 39 states, there are more jobs than people looking for them, according to a Stateline analysis of June hiring and employment data from the federal Bureau of Labor Statistics.
Help wanted: Too many jobs and not enough workers in most states
###
USMCA: Agreement reached on Nafta trade deal replacement
10 December 2019
The US, Mexico and Canada have finalized a trade deal that will replace the 25-year-old North American Free Trade Agreement (Nafta).
Agreement reached on Nafta trade deal replacement
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The November hiring surge pushed incomes for Americans higher last month.
by
JOHN CARNEY
20 Dec 2019
Incomes rose by half a percentage point in November, above economists’ forecasts and much better than the soft readings in September and October. This was the strongest gain since July, according to data from the Commerce Department on Friday.
Consumer spending rose at a 0.4 percent annual rate last month, led by a jump in spending on big-ticket durable goods like autos and appliances.
The higher spending is not due to rising prices. Inflation, as measured by the Federal Reserve’s preferred price indicator, is still running well below the Fed’s 2 percent target. It came in at just 1.5 percent for November compared with a year ago.
And despite the rise in consumer spending, Americans are saving more. The saving rate edged up to 7.9 percent of after-tax income in November.
Christmas Cheer: Incomes Jumps Higher, Consumer Spending Soars | Breitbart
###
US employment remains strong, 145,000 jobs added in December
By JOSH BOAK AP Economics Writer
January 10, 2020, 7:07 PM
U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors
US employment remains strong, 145,000 jobs added in December
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Manufacturing Surveys Indicate Growth Returning to U.S. Factories
JOHN CARNEY
16 Jan 2020
The U.S. manufacturing sector appears to be regaining its footing, suggesting the beaten-down sector may once again be expanding.
The Federal Reserve Bank of Philadelphia’s survey-based index of manufacturing activity
soared to 17 in January, up from the weak 0.3 reading in December and well-above forecasts for a reading of 3.0.
Manufacturing Surveys Indicate Growth Returning to U.S. Factories | Breitbart
###
Merry Christmas: Retail Sales Grew at Healthy Pace in December
16 Jan 2020
Retail sales rose at a healthy pace in December, a sign that a very healthy U.S. labor market and consumer optimism is continuing to support economic growth.
The Commerce Department
said Thursday that retail sales–which measures sales at stores, online, and in restaurants–increased a seasonally adjusted three-tenths of a percentage point in December compared with November to $529.6 billion. That was in line with the consensus forecast.
Merry Christmas: Retail Sales Grew at Healthy Pace in December | Breitbart
###
US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products
By Michelle Toh, CNN Business
11 hrs ago [Jan 16. 2020]
China has agreed to buy hundreds of billions of dollars worth of products from the United States as part of their "phase one"
trade deal.
The agreement
signed Wednesday will have Beijing purchase an additional $200 billion of US goods and services over the next two years.
The increase in purchases will be compared to 2017, before the trade war started. China
imported over $185 billion in total US goods and services that year.
In exchange, Washington has agreed to reduce tariffs on $120 billion in Chinese products from 15% to 7.5%.
Taken together, the phased purchases by China would result in a dramatic surge in US exports. Total exports to China would increase to over $260 billion in 2020, and roughly $310 billion in 2021 if the deal holds
US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products
More?
Trump loves Trump, and not much else.
And despite all those negatives from Obama, Trump is only marginally better, if better at all, in any given economic measure.
See the list above!