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One thing about Trump. You know what he stands for today. Unfortunately, tomorrow he may wake up - or even in the middle of the day......and do a 180 degree.
Back in the good old days...just a few years back, if you waffled a couple times all your cred was lost. Now Trump is bragging about it. He gave a speech when he mentioned how "flexible" he was becoming.
Translation. Not a single thing he promised will come true.
The ghost author of his book, "The Art of the Deal" claims Trump has a short attention span, he hasn't read a book in years, and he is there prefect type of president for the powers to be. Just present News in a short sound bit a simpleton can understand and he can be made to do anything. Trump will become the perfect puppet president.
Quote:
Originally Posted by craigiri
"The momentum in the U.S. labor market flagged in March, new government data showed Friday, with the private sector and the government adding only 98,000 jobs, the lowest gain in nearly a decade, "
It be fair, the economy results generally lag 6 to 12 months after a presidential policy decision. It's estimated that is takes 9 to 12 months before the results of a Fed interest rate change has it's full effect. Blaming Trump for anything having to do with the economy is premature at this point. I wouldn't credit or fault how the economy is performing to Trump for at least 9 months after he took office. Don't get me wrong, I'm not fan of Trump and I think the results of his policies will be a disaster, but it's going to take a good year to see how big a disaster they really are.
Last edited by TechGromit; 04-07-2017 at 02:39 PM..
Lots of similar links....but that's not really the point. Trumpies have no problem pointing to the stock market or continuing low unemployment and saying "see?" - when anything of the sort is total BS. I made about the same % since Trump has been in office (or even elected) as I did the year before. And, of course, the stock market is 250% higher than the Great Recession lows when Trump entered office.
I think it will be fair to give him some credit when it hits 40K - that's only 100% higher than when he entered office. What's fair is fair.
The real serious issue behind all of this is that the guy has no idea what he is doing.
Many Trump voters thought if they insert a know-nothing then humpty dumpty (our problems) would magically be solved because - after all - the guy built some (bankrupt) Casinos and wasn't his show highly rated on NBC?
So excuse my sarcasm, wit and cynicism. The REAL point here is the governing is very hard. It has now been made MUCH harder because there is no longer a "team spirit" with Congress and the two parties (plus independents). Polls show more Americans are independents - yet Trump gets his SCOTUS pick from the Heritage Foundation and then blows away Senate norms to push his through - after not even giving a listen to the nominee from a year ago.
Here is what I have learned in my many decades of political involvement and watching.
1. We don't have anything approaching justice or a fair system. At best we have some people who want to try to head in that direction.
2. Every government, from the tiny town of 1,000 to the POTUS is corrupt. In my experience, local and county and state government have been MUCH more corrupt than the Feds but that seems to be changing.
3. The game(s) - as they were - are over. Immigration, globalization, corporate control, big brother surveillance, foreigners (Saudis, Russians) controlling our nation...and, most of all, the Military Industrial Complex doing the same.
The best Presidents - and although Obama won't make it to the top 10, he is an example of taking one of the worst situations in history on.....are able to slowly make some changes that make life better for millions and perhaps tone down some of the international wars and games. They do that with relationships, kind words and reasonable policies that have the support of some of the "establishment" as well as the people.
The worst Presidents - GWB as a perfect example - think they are gunfighters at the OK Corral and put forward "you are with us or against us"....something Trump has made clear to about 70% of the American people (they aren't with him) and most of the world. They then flail around based on what others tell them because they have no experience or conscience to guide them.
Given the large bullpen we have to pull from, the fact that DJT and GWB were elected POTUS of this nation represents a clear and present danger to our way of life - and perhaps to the world in general.
The disinformation some people spew.....
Take a look at the bigger picture...... Weather dampens U.S. job growth; unemployment rate drops to 4.5 percent | Reuters
U.S. job growth slowed sharply in March amid continued layoffs in the embattled retail sector, but a drop in the unemployment rate to a near 10-year low of 4.5 percent suggested labor market strength remained intact.
And WW III will get us in a depression. WW 2 got us out because of our manufacturing based economy. Today manufacturing jobs are going over seas and many are low wage
The disinformation some people spew.....
Take a look at the bigger picture...... Weather dampens U.S. job growth; unemployment rate drops to 4.5 percent | Reuters
U.S. job growth slowed sharply in March amid continued layoffs in the embattled retail sector, but a drop in the unemployment rate to a near 10-year low of 4.5 percent suggested labor market strength remained intact.
LOL, now Trump can claim that he took the unemployment rate from 42% to 4.5%.
Quote:
And Trump himself has said the unemployment rate is a hoax, even claiming once that he had "heard" it could be as high as 42%. It was a hair over 5% at the time.
And in WaldoKitty world where 54Ford lives it will be true.
suggested labor market strength remained intact.[/b][/b]
Ah, so you agree it's been strong for years...good to hear! Many of the Trumpies like to act like it was being faked for years until Trump came to town.
Once again, let me repeat myself.
First, as someone else suggested, these things do lag. Corporate profits ongoing now are from consumer confidence extending through the fall and holiday season and have little to do with the election.
Trump has done zero in real tax policy or anything which would move markets or profits. I don't see these Mexican and Chinese and other tariffs nor the repatriation of profits, etc.
So we could have Happy the Clown in the White House and the results would be about what they are now.
I like to make agreement - so 54ford agrees Obama left Trump with a great economy (Trump could either mess it up, make it better - or just have it coast as it is now)......and that the stock market tripled.
Disinformation? The DOW was as low as 6500 during the Great Recession - Obama left it at over 250% of that. As I said I will let out a cheer when Trump - who, as the world's greatest businessman shouldn't have to use Obama as a low bar, adds 100% to it within 4 years. That should be child's play for a guy who was able to parlay his fortune into bankruptcy and make less than if he had his money invested in the S&P. IN fact, my historical average of about 11% in the stock market would make me wealthier than Trump if I inherited what he did and invested it.
A real investor - the kind that doesn't go bankrupt and con people, etc....like Buffet - I think he has averaged more than twice that.
In other words, if Trump put his inheritance into Bershire Stock he'd be a REAL Billionaire (10's of billions) without being beholden to Chinese banks, the Russians and all the bondholders and banks and states he's ripped off (oh, and contractors too).
54 - I challenge you to find the disinformation in the above. I will work out the math if you like - but no one can deny that Trump left a lot of broke contractors, banks, stores, bondholders, cities, states and companies in his wake.
Maybe it's me but that's nothing to be proud of - stealing from others to give to yourself.
It's way too early to rate the effects of Trump's economic policies, mostly because the federal fiscal year doesn't start until October, and there hasn't been any major Trump economic plan implemented yet, as was the case with Obama's stimulus program of early 2009. Also a huge part of the nation's economic policy lies with the Federal Reserve, which is largely independent of the president, and it's been practicing stimulus since at least 2008.
I don't mean to defend Trump, who is 100% dishonest, clueless, and childish, but he's no Ronald Reagan. That's not to say Reagan was great for the economy. He had the best track record of any post WWII Republican president, meaning he had the 4th best track record of any post WWII president.
It be fair, the economy results generally lag 6 to 12 months after a presidential policy decision. It's estimated that is takes 9 to 12 months before the results of a Fed interest rate change has it's full effect. Blaming Trump for anything having to do with the economy is premature at this point. I wouldn't credit or fault how the economy is performing to Trump for at least 9 months after he took office. Don't get me wrong, I'm not fan of Trump and I think the results of his policies will be a disaster, but it's going to take a good year to see how big a disaster they really are.
Way too early to blame or credit Trump for what the economy is doing.
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