President Trump is absolutely the greatest on the economy. Dow breaks 25,000 (Iraq, soldiers)
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So you don't have any numbers to counter the numbers offered in the post.
I was actually very generous in my numbers - because, if you figure in the approx 1 Trillion dollars of free money that Trump put into the economy by
1. Adding 500 billion to the deficit - that was money we all could spend (but has to be paid back)
and
2. Artificially lowering interest rates at a time when they normally would be increasing - again, free money for those in debt, but not good news for savers.
Without that Trillion we'd probably be lucky to have 4% compounded growth.
Yeah, I'm thinking it was 2 or 3 months ago where the whole MSM warned us about an immediate recession? Like, top story on the national news.
I point this out on my FB and crickets from all my lib friends.
Actually, most every Right leaning member here who commented said "well it's part of the economic cycle and it is going to come sooner or later, so it may happen soon"......
AND, when the Fed lowers interest rates and deficits are vastly increased to give money away for "stim", it often skews the numbers...but always has to be paid for someday.
As most here probably know, most all metrics show that folks like me (and maybe others here) are doing fine - A-1. It's the vast majority of other people who are not....those low-wage jobs which make WalMart the biggest employer in about 20 states.
My guess is that those WalMart employees don't have big stakes in the market. What do you think?
Actually, most every Right leaning member here who commented said "well it's part of the economic cycle and it is going to come sooner or later, so it may happen soon"......
AND, when the Fed lowers interest rates and deficits are vastly increased to give money away for "stim", it often skews the numbers...but always has to be paid for someday.
As most here probably know, most all metrics show that folks like me (and maybe others here) are doing fine - A-1. It's the vast majority of other people who are not....those low-wage jobs which make WalMart the biggest employer in about 20 states.
My guess is that those WalMart employees don't have big stakes in the market. What do you think?
I personally never said that. I have bets with several of my friends. My one buddy, a Repub judge, has for over a year now said it's going to happen. It hasn't.
I also have a friend who bet me last April that the housing market was going to crash "within a year"; can't wait to call her out on that also when April comes around.
About Wal-Mart workers, I have no idea what that has to do with this.
Liberals would never admit this but the richer rich people are, the better off everyone is.
I was actually very generous in my numbers - because, if you figure in the approx 1 Trillion dollars of free money that Trump put into the economy by
1. Adding 500 billion to the deficit - that was money we all could spend (but has to be paid back)
and
2. Artificially lowering interest rates at a time when they normally would be increasing - again, free money for those in debt, but not good news for savers.
Without that Trillion we'd probably be lucky to have 4% compounded growth.
But we have had growth now for 10 years......how do you attribute that to Trump.
Yeah Trump didn't tank the steady economy. OOOOOH.....let's hope he can hand off a healthy steady economy when he leaves either this year or four years form now.
I'm finding it hard to feel 'happy' about the stock market this morning as footage of soldiers leaving USA forst for IRAQ are surfacing. Hope you feel the warm and fuzzies but I just can't.
The New Year rings in another great day with the DOW up over 300! Unemployment is at record lows. New trade deals are coming. Economy is on track. Keep up the great work Mr. President!
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