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Trump kicked the sluggish economy onto high gear

KLATTU

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https://www.wsj.com/articles/trump-kicked-the-sluggish-economy-into-high-gear-1543175630

For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.
 

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https://www.wsj.com/articles/trump-kicked-the-sluggish-economy-into-high-gear-1543175630

For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.

That is wonderful news!

Now, about that trade deficit and the stock market, how's that going?
 

Lord Tammerlain

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https://www.wsj.com/articles/trump-kicked-the-sluggish-economy-into-high-gear-1543175630

For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.

Government stimulus will do that
 

Mycroft

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That is wonderful news!

Now, about that trade deficit and the stock market, how's that going?

Trump is working on the trade deficit. Be patient.

The stock market? Who cares? (The globalists and the speculators care, for sure, but aside from them? Nobody.)
 

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Liberal policies must work pretty well too then, because Justin Trudeau is enjoying seeing Canada at the lowest unemployment in nearly half-a-century as well. Funny how that works, huh?
 

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Actually kind of looks like Trump is screwing up the Obama expansion.
 

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https://www.wsj.com/articles/trump-kicked-the-sluggish-economy-into-high-gear-1543175630

For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.



Wow. The Wall Street Journal. They support Republicans. Just shocking.
 

KLATTU

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Dittohead not!

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Trump is working on the trade deficit. Be patient.

The stock market? Who cares? (The globalists and the speculators care, for sure, but aside from them? Nobody.)

Only those of us who have invested in the stock market, you know, capitalists. The rest of the people don't care, but they should.
 

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https://www.wsj.com/articles/trump-kicked-the-sluggish-economy-into-high-gear-1543175630

For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.

I can't help but notice that neither you nor this article actually identify a policy supposedly responsible for this "high gear" stuff.
 

KLATTU

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Actually kind of looks like Trump is screwing up the Obama expansion.

GDP growth staggered along at 1.5% in Mr. Obama’s final six full quarters in office. …growth doubled to 3% during Mr. Trump’s first six full quarters.

LAFFFF-riot
 

Dittohead not!

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Who cares...


great!!

NAME PRICE 1/20/17 PRICE NOW %
S&P 500 2,269.96 2,648.35 16.67

NASDAQ 100 5,070.15 6,673.61
1
NASDAQ Comp. 5,556.87 7,031.47 26.54%

Dow Jones 19,795.06 24,557.26 24%

Great! According to Trump, down is a good direction.

Except when it comes to things like the deficit and the trade deficit. Then, up is the proper direction.
 

KLATTU

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Only those of us who have invested in the stock market, you know, capitalists. The rest of the people don't care, but they should.

Well be sure you send Trump a thank you card!
Dow Jones 19,795.06 1/1/2017
now- 24,557.26

up 24%
 

KLATTU

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Great! According to Trump, down is a good direction.

Except when it comes to things like the deficit and the trade deficit. Then, up is the proper direction.

uhh, where do you see down?
NAME PRICE 1/20/17 PRICE NOW %
S&P 500 2,269.96 2,648.35 UP 16.67

NASDAQ 100 5,070.15 6,673.61
1
NASDAQ Comp. 5,556.87 7,031.47 UP 26.54%

Dow Jones 19,795.06 24,557.26 UP 24%
 

Manc Skipper

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Given that it's accelerating, maybe Trump should stop working on the trade deficit. So much winning.
 

KLATTU

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Great! According to Trump, down is a good direction.

Except when it comes to things like the deficit and the trade deficit. Then, up is the proper direction.

So funny- the trade deficit. LAFFFFFFFFFFFFF

I wonder if the DNC's house organ will change their mind.

https://www.nytimes.com/2018/03/05/us/politics/trade-deficit-tariffs-economists-trump.html

"Trump Hates the Trade Deficit. Most Economists Don’t."


....and when the NYT uses the term 'most economists" they mean Krugman , Pilketty Stigltz and Sachs

GUFFAW
 

KLATTU

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Given that it's accelerating, maybe Trump should stop working on the trade deficit. So much winning.

So funny- the trade deficit. LAFFFFFFFFFFFFF

I wonder if the DNC's house organ will change their mind.

https://www.nytimes.com/2018/03/05/u...sts-trump.html

"Trump Hates the Trade Deficit. Most Economists Don’t."


....and when the NYT uses the term 'most economists" they mean Krugman , Pilketty Stigltz and Sachs

GUFFAW
 

Chomsky

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Trump is working on the trade deficit. Be patient.

The stock market? Who cares? (The globalists and the speculators care, for sure, but aside from them? Nobody.)
This is an amazingly naive and inaccurate statement, and blatantly wrong.

Anyone invested in the market cares - which is just over half of Americans. Along with anyone who owns a 401K - which is nearly 40% of those employed.

Those 401Ks are depended upon to carry employees through their retirement. The guys I used to work with in the corporate world followed them like hawks. Why wouldn't they? It's their life's savings.
 

Airyaman

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So funny- the trade deficit. LAFFFFFFFFFFFFF

I wonder if the DNC's house organ will change their mind.

https://www.nytimes.com/2018/03/05/u...sts-trump.html

"Trump Hates the Trade Deficit. Most Economists Don’t."


....and when the NYT uses the term 'most economists" they mean Krugman , Pilketty Stigltz and Sachs

GUFFAW

Do you even have a clue as to what the trade deficit is, and why or why not it is good or bad?
 

Chomsky

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Well be sure you send Trump a thank you card!
Dow Jones 19,795.06 1/1/2017
now- 24,557.26

up 24%
Those gains were in the hand-off year from Obama (2017). Since Trump's been mucking around with taxes, tariffs, and trade restrictions (this year), the market is at a (slight) loss.
 

KLATTU

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Do you even have a clue as to what the trade deficit is, and why or why not it is good or bad?

Of course - I just read that article. It's doesn't mean sh$t.

The NYT would never pulls omething out of their a$$ just to make Trump look bad.
 

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Of course - I just read that article. It's doesn't mean sh$t.

The NYT would never pulls omething out of their a$$ just to make Trump look bad.

If it doesn't mean ****, why has Trump been complaining about it these last few years?
 

KLATTU

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Those gains were in the hand-off year from Obama (2017). Since Trump's been mucking around with taxes, tariffs, and trade restrictions (this year), the market is at a (slight) loss.

GDP growth staggered along at 1.5% in Mr. Obama’s final six full quarters in office. …

some handoff, huh?

It's a lw zombie meme. Wont die. Obama handed a strong economy to Trump.
NOTTTTTTTTTTTTTTTTTTT
 
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