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Too some degree the stock market factors in future expectations much more than current economic stats.
Unfortunately far too many believe the stock market is the economy today. It's a sad thing we have created.
This is irrelevant without the full picture. If it's a true .7% I don't have a problem with it. It means prices aren't rising out of reach of those who are not seeing their wages stagnate.
When we had a higher GDP but it was being driven by the government printing money the only ones benefitting were the ones getting that money. Wall Street.
We actually need a little negative. It was never supposed to be all about Wall Street.
However the economy isn't "his" yet. The first quarter of this year was still operating off the past administration's policies - to the degree Presidents effect economies anyway.
Anyone who believes the white house can play a significant role in creating 5% growth in a $13 trillion economy is woefully uninformed. Which probably makes them the perfect target for a charlatan like Trump.
Imagine that...
No one forced Trump to make that promise, he made it all on his own.
Everyone knows GDP, unemployment stats and stock markets don't matter. The real measure of the economy is the number of mining and manufacturing jobs created for uneducated white people.
And those uneducated miners, idiotic factory workers, numbskull people picking tomatoes out in the sun all day, dullards picking up your garbage every week, and dolts driving the highways and stocking your grocery stores and Starbucks are the people keeping your belly full and your lifestyle to the level of what would have been considered that of royalty just a few generations ago. You might want to show a bit more respect for those uneducated masses because you come off as being a bit ungrateful. Or perhaps you'd have them eat cake, eh Marie?
And those uneducated miners, idiotic factory workers, numbskull people picking tomatoes out in the sun all day, dullards picking up your garbage every week, and dolts driving the highways and stocking your grocery stores and Starbucks are the people keeping your belly full and your lifestyle as what would have been considered that of royalty just a few generations ago. You might want to show a bit more respect for those uneducated masses because you come off as being a bit ungrateful. Or perhaps you'd have them eat cake, eh Marie?
you realize you assigned the derogatory names to the uneducated white people out of jobs. YOU called them numpskulls, idiotic, dullards, dolts.....
There was nothing in the original statement that suggested the uneducated workers were less than anybody else....it did suggest that Trump's administration played on those people and their need for jobs.....
You came off as being a tad dramatic.....lacking reading comprehension skills and a little sensitive.
I so appreciate everyone's contribution tosociety (what a liberal thing to say oh my) and don't think the uneducated white worker is less than me. But I do resent the way this administration played on the emotions and needs of these people to get elected and don't really have their best interests at heart.
I'm no fan of Trump, but I wouldn't blame/credit him too much for the state of the economy. He's only been in office a few months.
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