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Old Yesterday, 04:27 PM
 
Location: NE Mississippi
13,770 posts, read 8,636,898 times
Reputation: 20055

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Wages increased 3.59% in May as compared to May 2018. That's the highest rate this year, and wages have increased every month for 2 years.
https://tradingeconomics.com/united-states/wage-growth


Almost no one with any credibility believes the US economy is not doing well. One of the hallmarks of TDS is that they scream in horror at the slightest downward variation in measurement, and pretend to not see the upward trends.
They are to be pitied, those victims of TDS. One can only have his ass handed to him so many times before his grip on reality is lost. And it has been a bad, bad week for them.

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Old Yesterday, 04:49 PM
 
Location: In the desert
2,701 posts, read 1,973,144 times
Reputation: 1305
Quote:
Originally Posted by TBMorgan View Post
Drumpf is just a little blip in our history, hopefully no damage done, soon to be forgotten except when historians argue over who was the all-time worse POTUS.
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Old Yesterday, 04:53 PM
 
6,588 posts, read 9,510,713 times
Reputation: 3163
Can you say Recession and it would not be smaller either if he is wins reelection

Republicans keep spewing the same lies over and over like they are the only things that work just like trickle down economics which will never work currently it is hurting out economy. 1% to 3% do not need any tax cuts making then pay to 15% to 20% more in taxes will not change their lifestyle one bit
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Old Yesterday, 04:56 PM
 
Location: In the desert
2,701 posts, read 1,973,144 times
Reputation: 1305
Quote:
Originally Posted by ELOrocks17 View Post
Its quite simple. I have yet to see 1 liberal praise Trump for things that benefit Americans. First step act? Yeah..nothing but screaming Trump is a die hard racist. Record low unemployment for all segments of American groups..not a peep from libs about how AMERICA is prospering. Nope. They hate Trump so much, that they are extremely pleased when America occasionally fails. They revel in the misery just to blame Trump. How utterly pathetic
I don't speak for anyone but myself and I can honestly say that Trump undoes anything that may be good every time he opens his mouth. Our country may be prospering now but this spend spend spend Republican party is not what I remember and the bill will come due and you know who is going to pay for it? Not the uber rich that got the majority of the tax breaks. Speaking of "utterly pathetic" Not one of the R's in office with exception of those who are leaving or aren't up for reelection will stand up too this president when he is wrong or lying. Now that's pathetic.
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Old Yesterday, 07:24 PM
 
10,676 posts, read 10,893,069 times
Reputation: 5267
Quote:
Originally Posted by WaldoKitty View Post
Why is it that Trump haters like the OP also hate the United States even more? Cheer when there's any bad news (and this isn't).
Why do Trump o philes like you give his job killing tariffs and awful economic performance such a free pass? 2.1% GDP growth and trillion dollars annual deficits

Remember, Obama hit 5% quarterly growth before. Has Trump even done that once?!?!
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Old Yesterday, 09:04 PM
 
3,552 posts, read 2,537,081 times
Reputation: 6863
Christ, what a bunch of clowns.

Growth slowed, BUT BEAT EXPECTATIONS.

Everyone knew that growth was going to slow because:

A) THERE HAS BEEN A GLOBAL SLOWDOWN, FROM WHICH THE UNITED STATES IS NOT IMMUNE, and

B) We are feeling the effects of the trade war, which is nonetheless a longterm strategy to right certain wrongs that are deleterious to our economy over time.

If there is a deal by the end of the year, the economy will soar, and Trump will win re-election easily.

We shall see, but this is hardly crushing news.
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Old Yesterday, 09:07 PM
 
15,561 posts, read 4,110,381 times
Reputation: 11182
Quote:
Originally Posted by Mircea View Post
As I've often stated, I don't believe an advanced mature 4th Level Economy is capable of growth in excess of 3%, so it's no surprise to me.
So do you feel the 40 or 50 or 70% of Americans who aren't making it or paycheck to paycheck is a "feature" or a "bug" of this "4th level" economy?

It would seem that none of us want this - the end of the American Dream. That would seem to be to present two choices.

1. Massive income redistribution - assuming you think we have "plenty", it's just that many have 1,000x what they need????

or

2. Good GDP (not money thrown over a cliff like war and more expensive health care, etc.) would need to rise so that the rising tide floated as least some of those 100+ million boats??

It's got to be one or the other or the third option - that this "4th level economy" is specifically designed to leave MOST Americans behind.
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Old Today, 04:39 AM
 
38,390 posts, read 15,030,549 times
Reputation: 24771
So not 5%.

What about those corporate tax cuts? Was that a lie?

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Old Today, 04:41 AM
 
38,390 posts, read 15,030,549 times
Reputation: 24771
Well that's disappointing.

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Old Today, 05:01 AM
 
Location: Russia
75 posts, read 8,316 times
Reputation: 48
Quote:
Originally Posted by craigiri View Post
So do you feel the 40 or 50 or 70% of Americans who aren't making it or paycheck to paycheck is a "feature" or a "bug" of this "4th level" economy?



which is it, 40%? 50%? 70%? or 10%?


In any case the government is not responsible for any individuals poor personal budgeting decisions--the individual should be as there are plenty of opportunities out there to get some in demand skills and a very in demand job market since unemployment is so low.
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