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Old 09-28-2019, 07:51 PM
 
856 posts, read 704,783 times
Reputation: 991

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https://www.zerohedge.com/personal-f...est-level-2019

I'm sure the Trump loving socialists will find some way to spin this, but the facts are the facts.
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Old 09-28-2019, 08:53 PM
 
Location: Honolulu/DMV Area/NYC
30,636 posts, read 18,222,068 times
Reputation: 34509
I know that you leftists are praying for economic doom as a way to defeat President Trump (it's quite sick and disgusting actually), but the economy is doing rather well. Record low unemployment, increasing wages, strong stock market, etc.
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Old 09-28-2019, 09:14 PM
Status: "We need America back!" (set 2 days ago)
 
Location: Suburban Dallas
52,688 posts, read 47,955,803 times
Reputation: 33845
Default What Bad Economic News??

Quote:
Originally Posted by prospectheightsresident View Post
I know that you leftists are praying for economic doom as a way to defeat President Trump (it's quite sick and disgusting actually), but the economy is doing rather well. Record low unemployment, increasing wages, strong stock market, etc.
OP called conservatives socialists, so evidently, his confusion got the best of him.
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Old 09-28-2019, 09:27 PM
 
5,717 posts, read 3,145,944 times
Reputation: 7374
Hey, OP. Go look at the graph in the article and tell us, who was the president during the peak default rate.
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Old 09-28-2019, 09:50 PM
 
856 posts, read 704,783 times
Reputation: 991
Quote:
Originally Posted by prospectheightsresident View Post
I know that you leftists are praying for economic doom as a way to defeat President Trump (it's quite sick and disgusting actually), but the economy is doing rather well. Record low unemployment, increasing wages, strong stock market, etc.
You are the socialist. Trump is using taxpayer dollars to fund corporate welfare, bailouts for farmers, and record fiscal stimulus.

On unemployment, 2019 has been the worst year for average monthly job growth in seven years and Q2 GDP growth was the weakest reading since Q4 of 2016.

On wages, 2018 saw a 0.9% growth in median household income. That is barely an increase and was a smaller increase than in 2017, 2016, and 2015 which saw more impressive wage growth. Wage growth in August of this year was less than in July and June.

As far as the stock market, it's a bubble.

Quote:
Originally Posted by case44 View Post
OP called conservatives socialists, so evidently, his confusion got the best of him.
Obviously, you haven't read much about economics and the differing economic philosophies. Trump is a Keynesian, Keyensians are socialists. Therefore, Trump is a socialist. If you support him, you are also a socialist and have similar beliefs to Bernie Sanders and Elizabeth Warren.

Quote:
Originally Posted by MrDann636 View Post
You forgot soaring deficits and a ballooning National Debt. Up, up,and away!!!
Exactly, Trump and Pelosi gave us record deficits and debt.

Quote:
Originally Posted by neko_mimi View Post
Hey, OP. Go look at the graph in the article and tell us, who was the president during the peak default rate.
The default rate came down during Obama's tenure from the peak, if you compare 2016 to the present, it's increased under Trump. The Trump economy is the same as the Obama economy.
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Old 09-29-2019, 04:02 AM
 
Location: Honolulu/DMV Area/NYC
30,636 posts, read 18,222,068 times
Reputation: 34509
Quote:
Originally Posted by njforlife92 View Post
You are the socialist. Trump is using taxpayer dollars to fund corporate welfare, bailouts for farmers, and record fiscal stimulus.

On unemployment, 2019 has been the worst year for average monthly job growth in seven years and Q2 GDP growth was the weakest reading since Q4 of 2016.

On wages, 2018 saw a 0.9% growth in median household income. That is barely an increase and was a smaller increase than in 2017, 2016, and 2015 which saw more impressive wage growth. Wage growth in August of this year was less than in July and June.

As far as the stock market, it's a bubble.



Obviously, you haven't read much about economics and the differing economic philosophies. Trump is a Keynesian, Keyensians are socialists. Therefore, Trump is a socialist. If you support him, you are also a socialist and have similar beliefs to Bernie Sanders and Elizabeth Warren.



Exactly, Trump and Pelosi gave us record deficits and debt.



The default rate came down during Obama's tenure from the peak, if you compare 2016 to the present, it's increased under Trump. The Trump economy is the same as the Obama economy.
Nothing but doom and gloom and prayers for economic meltdown in that post.
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Old 09-29-2019, 04:11 AM
 
Location: Florida
33,571 posts, read 18,161,091 times
Reputation: 15546
Quote:
Originally Posted by MrDann636 View Post
You forgot soaring deficits and a ballooning National Debt. Up, up,and away!!!
Obama doubled the national debt and threw millions away on pushing his green energy.
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Old 09-29-2019, 04:41 AM
 
10,793 posts, read 13,545,862 times
Reputation: 6189
Lefties want doom. There hate for Trump is greater than the love of America
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Old 09-29-2019, 05:35 AM
 
59,040 posts, read 27,306,837 times
Reputation: 14281
Quote:
Originally Posted by prospectheightsresident View Post
I know that you leftists are praying for economic doom as a way to defeat President Trump (it's quite sick and disgusting actually), but the economy is doing rather well. Record low unemployment, increasing wages, strong stock market, etc.
" Consumer spending at retailers, bars, and restaurants have slowed but nothing to warn about yet."

The rest is just MORE "predictions" which seldom come true.
It just finished a cross country trip and found new construction from housing to commercial to big business to roads BOOMING. Help wanted signs all over the place.

When I took my trip during the obama admin, even in his 6th and 7th years, I saw NOTHING.
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Old 09-29-2019, 05:37 AM
 
59,040 posts, read 27,306,837 times
Reputation: 14281
Quote:
Originally Posted by MrDann636 View Post
You forgot soaring deficits and a ballooning National Debt. Up, up,and away!!!
"You forgot soaring deficits and a ballooning National Debt". Didn't bother your during the obama admin, so why NOW?
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