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For Who??? How about all those Sectors that have increased JOBS in the last 12 months?
This stuff get's OLD - the Data is available, but it appears that DATA doesn't hold up to Leftist Hype.
Oh, the data IS available....
1. No real wage growth when inflation, higher interest rates, health care and gas is figure in (no, 1/10th of 1% up or down doesn't count!)...
2. DOW 1,000 points lower than it was 8 months ago.
3. Whatever wealth there is goes to folks like me - NOT the forgotten man and woman.
4. TRILLIONS more borrowed and given away as "free" money...then GDP resulting is bragged about (even tho it doesn't mean anything to have a higher GDP because that include health care spending, higher interest rates, more expensive energy ad houses etc.).....
5. TRILLIONS more in Deficits projected despite original promises to balance the budget....
#5 is quite simple. Republican (and, or, "conservatives") are always talking as if the government is no different than a household or business budget. Well, if that is the case and I am making the BIG bucks, I'm certainly not having to borrow MORE money against my children and grandchildren (reverse mortgage) in order to live.
In fact, I'd be paying back that money EASILY and also be seeing vast economic increases.
But we are not. It's amazing that Trump did the exact same thing GW did and gave tax cuts out of debt an deficit....at just the time when it would have been possible to pay down the deficit to balanced...or close to it.
Why? Well, he has to buy votes. And since most Americans don't care about their children, grand-children or future generations, they will gladly accept a corporate tax cut and $20 a week more for themselves in exchange for setting future generations up to pay it back.
Sad, really. I have 35 years of investing and 40 years in business to weight things against and we are certainly not in good times. Wages are sinfully low. Debt is unbelievable high. And even with a 9 year "bull" market, the yearly returns have not been what they were in the 90's bull markets (15-20% a year for multiple years).....
Obama handed Trump a good situation...as I like to say, never has so little been done with so much. Instead of balancing the budget...which I feel many of us (even "cons") could have understood and gotten behind, he decided to just buy you...cheaply....with printed money.
Are Democrats and the MSM still trying to tell Americans to feel miserable about themselves?
I'd they would learn by now.
Well , actually measurements show that to be the case. I don't think the media is talking people into opiates, suicides, depression and general unhappiness and lack of approval of direction of the county.
Same old story, the rich keep getting richer and the poor keep getting poorer, except that we are
practically back to a Caste system society now.
It is a tale of epic sadness that some people could work full time jobs and still struggle to feed their families and sometimes still end up homeless.
America should be better than this.
You should have coordinated better with Obama.
He's taking credit for a booming economy!
Well , actually measurements show that to be the case. I don't think the media is talking people into opiates, suicides, depression and general unhappiness and lack of approval of direction of the county.
Yet...that is the story.
Obama just said the Economy is doing great. He tried to take claim for it. We all know that part isn't true. If it was, the Democrat party would not have been voted to a state of powerlessness not seen for over 100 years.
Still cherry picking this data point so it fits your narrative I see? Why don't you use a random 8 month long analysis for the rest of your data?
So we look at current trends.
In the last 8 months the stock market hasn't been soaring.
It did in 2017.
There is not on specific factor that can be attributed to Trump.
Investors only will invest so much based on the hope and the prayers Trump was offering in 2017. Sure there was some hope for tax cuts, etc. but so many other factors influence investing decisions.
Most definitely a consistently growing economy prior to Trump was a big contributing factor to the bump in 2017.
and “What people forget is that it’s not necessarily about this individual and his actions per se, it’s about the cycle of the elections and the midterms,” said Jeff Hirsch, who edits the Stock Trader’s Almanac. That group has consistently found that a bump to the market in an election year is common.
Since the tax cuts were passed we haven't seen a significant increase. That's because of all the uncertainty with trade, mid-terms, immigration, healthcare.
How those issues are resolved will impact the stock market
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