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First100 days is always slow... Hang on there. President Trump has over1,000 more days as President.
Oblame-a did something in his first100 days by pushing a massive trillion dollar stimulus push that just funded Oblame-a's rich union cronies like bankrupt solar giant Solyndra. Nice going.
Deep recessions as a result of financial crashes are completely different than the recession in the early 1980s. Trump is preparing another big one by putting Wall Street in charge of the treasury and the economy. Its called "draining the swamp" I've heard...
And 3% GDP growth in an era of aging and baby boomers retiring is simply a ridiculous yardstick. Of course, the people who talk about "not even managed a year of 3% GDP growth" know this very well. Its just a talking point concocted by some right wing PR dude and all right wing media ran with it.
"Trump is preparing another big one by putting Wall Street in charge of the treasury and the economy."
Oh, you mean like Obama did?
"Timothy Franz "Tim" Geithner is a former American central banker who served as the 75th United States Secretary of the Treasury under President Barack Obama from 2009 to 2013. wikipedia.org
Jack Lew, "In June 2006, Lew was named chief operating officer of Citigroup's Alternative Investments unit, a proprietary trading group. The unit he oversaw invested in a hedge fund "that bet on the housing market to collapse."[24] During his work at Citigroup, Lew had invested heavily in funds in Ugland House while he worked as an investment banker at Citigroup during the 2008 financial meltdown.[25] Lew also had oversight of Citigroup subsidiaries in countries including, Bermuda, the Cayman Islands, and Hong Kong; and during his time at Citigroup, Citigroup subsidiaries in the Cayman Islands increased to 113"
Trump has added more expenses with his rallies and trips to Mara Lago. The man is covering up for his man Flynn and because he won't release his taxes causes more suspicion. This guy is poised to cause a massive debt to the country and Republicans aren't saying much. The party of NO doesn't know how to govern. Face it.
Barack Obama is the only president in US history to never have a year of economic growth over 3.0%
That Dubya Great Recession has been a tough one to come back from. Worst economic crisis in 3 generations. Maybe you've heard of it. Current growth in tRump's 1st qtr is 0.7% and that's not encouraging with stock prices building a big bubble.
Quote:
(despite adding almost $10 trillion to the national debt).
Thank your GOP congress for that debt. Congress (House) controls all spending. Govt 101. BTW, what do they have to show for all that spending, anyway? Besides their two failed middle east wars.
Dubya's big failure was due to tax cuts/trickle-down/deregulation. The GOP economic "model" is bogus. Now they want to do it all over again. On steroids.
The only hope for our country is that his party and the Democrats are able to reign in Trumps' ridiculous ideas and behavior. If they can keep him occupied by golfing, that will help a lot. Maybe those trips to Mar A Lago are worth every penny, if they keep him out of the WH and making decisions.
That Dubya Great Recession has been a tough one to come back from. Worst economic crisis in 3 generations. Maybe you've heard of it. Current growth in tRump's 1st qtr is 0.7% and that's not encouraging with stock prices building a big bubble.
Thank your GOP congress for that debt. Congress (House) controls all spending. Govt 101. BTW, what do they have to show for all that spending, anyway? Besides their two failed middle east wars.
Dubya's big failure was due to tax cuts/trickle-down/deregulation. The GOP economic "model" is bogus. Now they want to do it all over again. On steroids.
"Dubya's big failure was due to tax cuts/trickle-down/deregulation."
Ah, the ignorant (lack of knowledge) claims.
" Publication: Business Wire
Date: Friday, January 4 2008
More Than 8.3 Million Jobs Created Since August 2003 In Longest Continuous Run Of Job Growth On Record
WASHINGTON -- Today, the Bureau of Labor Statistics released new jobs figures - 18,000 jobs created in December. Since August 2003, more than 8.3 million jobs have been created, with more than 1.3 million jobs created throughout 2007. Our economy has now added jobs for 52 straight months - the longest period of uninterrupted job growth on record. The unemployment rate remains low at 5 percent. The U.S. economy benefits from a solid foundation, but we cannot take economic growth for granted and economic indicators have become increasingly mixed. President Bush will continue working with Congress to address the challenges our economy faces and help facilitate long-term economic growth, job growth, and better standards of living for all Americans.
* Real GDP grew at a strong 4.9 percent annual rate in the third quarter of 2007. The economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.
* Real after-tax per capita personal income has risen by 11.7 percent - an average of more than $3,550 per person - since President Bush took office.
* Over the course of this Administration, productivity growth has averaged 2.6 percent per year. This growth is well above average productivity growth in the 1990s, 1980s, and 1970s.
By 2003, Mr. Bush grasped this lesson. In that year, he cut the dividend and capital gains rates to 15 percent each, and the economy responded. In two years, stocks rose 20 percent. In three years, $15 trillion of new wealth was created. The U.S. economy added 8 million new jobs from mid-2003 to early 2007, and the median household increased its wealth by $20,000 in real terms.
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”
Obama never cared about America or Americans. He was too busy sympathizing with illegals and Muslims and apologizing around the world. A shrinking violet in the true sense.
No wonder the Dems lost over 1000 seats. Real Americans care about this country. Obama and his minions don't.
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