Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
actually it has nationally..... now are some regions outliers...sure... many places within the USA housing is very affordable..... but place like Long Island, super duper high and over priced....
the median household yearly income 1970......$7600
the median household yearly income 2018......$61,770
the median hourly wage.....$25.51/hr
Let's not forget Maxine Waters who wants to impeach Trump every other week, but never mentions the Black unemployment rate at record lows. I guess she really doesn't care much about that.
The narrative has to fit.
If it doesn’t, then it’s back to opening borders and protecting illegal aliens.
Got to score those liberal talking points somehow.
4.1% GDP growth. How did Trump do it? Borrowing. His tax cuts were all funded by public debt financing.
It's like the guy who takes out a cash advance on his credit card to throw a wild party for 200 guests to impress them. Any idiot can borrow money to look prosperous.
Funny how during Obama's reign of continuous economic growth we heard rightwingers complain that the economy was propped up by the Fed's "printing of money" and QE. Trump uses debt financing for his tax cuts and the right wing has suddenly stopped complaining about deficits.
Only the mind of a collectivist can conceive of tax cuts needing to be paid for with other taxes.
Except, it was not Mr Obama’s economy. It was the Federal Reserve’s economy. Almost zero lending rates plus 3.4TRILLION in quantitative easing (bond - of all flavors - purchases up, until fall of 2014, (Sept or Oct), is what drove the economy. Now, look at the GDP for Q1 2015, through the end of Mr Obama’s final term. Anemic. By Q3, 2015, which is about how long it takes Fed actions to percolate through an economy the size of U.S.’, it was downright sickly.
Quote:
Originally Posted by James Bond 007
Except that it happened more than 1 quarter under Obama.
Except that it has put us back on the road to trillion dollar deficits maybe as early as next year, so no, not true
Yep. We hit $530 Billion in May, and that is definitely the wrong direction.
4.1% is a good number, but it seems corporations made moves in anticipation of the tariffs. For example soybean exports went up 9000% when traders got rid of inventory before the tariffs hit. If that is true, it would mean less such activity in 3rd Qt, and the 4.1% would end up being a one time spike, much like Obama's spikes.
Only the mind of a collectivist can conceive of tax cuts needing to be paid for with other taxes.
like removing SALT deductions to make other tax cuts deficit neutral? Yeah- I guess that makes Daddy a collectivist too...
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
