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Those military ships you may be concerned about might be being built by Moscow Mitch's family.....
"Chao family’s business: her father, James Chao, founded Foremost Group, a shipping, trading, and finance company now run by Elaine’s sister Angela Chao. While the company is based in New York, its fleet is, per the Times, “overwhelmingly focused on China,” with roughly 72% of the raw materials it has shipped since early 2018 going to China, cargo that “helps feed” Beijing’s “industrial machine, which manufactures steel products that are a point of dispute in the deepening trade war between” China and the U.S. The company reportedly constructs almost all its vessels in state-owned shipyards in China, some with loans from the Chinese government."
Coincidence...I am sure of it! After all, it's only many billions of dollars....and her family.....and China...and steel...and ships....
Those military ships you may be concerned about might be being built by Moscow Mitch's family.....
"Chao family’s business: her father, James Chao, founded Foremost Group, a shipping, trading, and finance company now run by Elaine’s sister Angela Chao. While the company is based in New York, its fleet is, per the Times, “overwhelmingly focused on China,” with roughly 72% of the raw materials it has shipped since early 2018 going to China, cargo that “helps feed” Beijing’s “industrial machine, which manufactures steel products that are a point of dispute in the deepening trade war between” China and the U.S. The company reportedly constructs almost all its vessels in state-owned shipyards in China, some with loans from the Chinese government."
Coincidence...I am sure of it! After all, it's only many billions of dollars....and her family.....and China...and steel...and ships....
After a short-term bump, it's looking like Trump's economy looks like Obama's economy - something Trump and the Republicans always claimed was "terrible":
"The good news for President Trump is we don’t seem to be headed for a recession anytime soon. But the economy is slowing to the point it resembles something Trump considers nearly as bad: the Obama economy.
GDP growth has dropped from 2.9% in 2018 to 2.1% for the second quarter of 2019. That’s comparable to the 2.2% GDP growth Obama averaged during the four years of his second term. GDP growth was 2.4% in 2017, Trump’s first year in office, and it hit 2.9% in 2018 in part because the Trump tax cuts stimulated business spending. That boost is fading, if not completely gone.
Job growth so far this year is averaging 165,000 new jobs per month, down from 223,000 in 2018 and 179,000 in 2017. This year’s average is actually considerably below the average for Obama’s second term, which was 216,000 new jobs per month.
Other indicators show the economy in retreat. Measures of both the manufacturing and the service sectors have drifted back to levels of 2016 (Obama’s last full year in office). The average workweek has been declining all year and is back to 2017 levels. Falling bond yields may be a recession indicator. Two-thirds of CFOs in a Duke University survey think there will be a recession by the end of next year. And the Morgan Stanley business-conditions index plunged in August to the lowest levels since the recession year of 2008..."
Are you pleased the economic numbers aren't as good as they were? and are we to believe the only measure of "success" is upward economic numbers?
Winning everytime is impossible, but correct me if I'm wrong, we're virtually at full employment, public assistance enrollment is down, consumer confidence is up, people are spending more 'cause they have more, and the economy is still growing when the economies of most of the world is flat or retracting... and thousands upon thousands are trying to get into our country because of ________ What?
It has been my observation that when lefties post data it's to attack the current successful economy. So breaking it down a bit , if I'm reading what your suggesting, what was positive for president Obama economy (numbers) is a negative for president Trump? Whaa? Is this the "new" math we always hear about? If you're stating the numbers are similar, and it apears you are, then the only difference what? is it your feelings.... right?
Am I getting it wrong? What did I miss? tell us how you really feel.
Are you pleased the economic numbers aren't as good as they were? and are we to believe the only measure of "success" is upward economic numbers?
Winning everytime is impossible, but correct me if I'm wrong, we're virtually at full employment, public assistance enrollment is down, consumer confidence is up, people are spending more 'cause they have more, and the economy is still growing when the economies of most of the world is flat or retracting... and thousands upon thousands are trying to get into our country because of ________ What?
It has been my observation that when lefties post data it's to attack the current successful economy. So breaking it down a bit , if I'm reading what your suggesting, what was positive for president Obama economy (numbers) is a negative for president Trump? Whaa? Is this the "new" math we always hear about? If you're stating the numbers are similar, and it apears you are, then the only difference what? is it your feelings.... right?
Am I getting it wrong? What did I miss? tell us how you really feel.
Yes, you are getting it wrong. The fact is the economy was ALREADY quite good under Obama - despite what Trump and mindless minions said over and over and over again.
Did it improve when Trump came in?
Sure. Republican business owners and consumers thought it would improve because a GOP guy was at the helm so they jumped into the economy - versus standing on the sidelines, and so yeah that improved things somewhat. In addition Trump's tax cut gave a temporary (VERY temporary apparently) bump. Now though things are gradually returning to how they were - so no significant improvement from Trump.
The difference is, Trump has also introduced some REALLY unsettling aspects - the deficit is once again SKYROCKETING (and this time there's no recession as an excuse), and he's started his stupid trade wars - NEITHER of which is a good thing, and BOTH of which can (and likely WILL) cause us lots of grief down the road.
Obama did a terrific job on the economy, taking us from losing nearly 700,000 jobs/month when he took office, to gaining a solid 200,000+ jobs/month - a huge achievement, especially in the face of deliberate interference by some of the GOP folks. Trump improved it, but not much, and only (apparently) short term - and with what may turn out to be a very heavy cost
You failed put certain facts in context and to mention how president Obama financed his policy of economic stabilization. That's right... financed and that's right stabilized.
Looking at numbers only... it's easy to see the economy grew in spite of Obama and the economy is growing because of president Trump. One administration used the reins of regulatory restraints and the other let the reins lose.
The deficit needs to be addressed. There are no innocent administrations... maybe Clinton's, in spite of him.
You failed put certain facts in context and to mention how president Obama financed his policy of economic stabilization. That's right... financed and that's right stabilized.
Looking at numbers only... it's easy to see the economy grew in spite of Obama and the economy is growing because of president Trump. One administration used the reins of regulatory restraints and the other let the reins lose.
The deficit needs to be addressed. There are no innocent administrations... maybe Clinton's, in spite of him.
The CONTEXT is they are 2 DIFFERENT situations.
Obama inherited the greatest economic crisis since (at least) the Reagan years, if not the Great Depression of 80 years ago - an economy shedding close to 700,000 jobs/month, an auto industry on life support, a collapsing housing market, and a totally locked up banking industry. Desperate times called for desperate measures.
Trump on the other hand inherited a growing, healthy economy with solid job growth, a strong auto industry and housing market, booming banks, a decent stock market and low unemployment.
It takes a whole lot more to fix something that's all messed up than to cruise along with an economy that's pretty darned healthy. Trump could have done ABSOLUTELY NOTHING and the economy STILL would have been good - and we wouldn't have the stupid massively exploding deficits we now have.
Trump had an easy job (and it looks like he's even messing that up), while Obama stepped into a HUGE mess.
You failed put certain facts in context and to mention how president Obama financed his policy of economic stabilization. That's right... financed and that's right stabilized.
Looking at numbers only... it's easy to see the economy grew in spite of Obama and the economy is growing because of president Trump. One administration used the reins of regulatory restraints and the other let the reins lose.
The deficit needs to be addressed. There are no innocent administrations... maybe Clinton's, in spite of him.
" maybe Clinton's, in spite of him."
2 things. First clinton had REPUB House. 2nd he did NOT "balance the budget. He OMITTED counting the money owed to the Social Security Trust Fund which was "borrowed" from.
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