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Cheaper and better health care for all.
Coal will come roaring back.
You will be sick of winning.
No Americans will be protecting oil....putting their lives on the line.
100's of miles of new wall will be built with Mexico paying.
Budget deficit will be erased.
No corruption will be present in his admin.
People do care how much their 401K balances grow over time, as opposed spinning it to make it look better than it is.
Even looking at 12 month gains, they are showing zero as is the comparison to 19 months ago.
People feel compelled to put a spin on it for partisan reasons, but for lot of people this is their reality. The market is NOT doing well. It hit a brick wall 19 months ago, and people who live in the real world are NOT happy with it.
Heres the problem, I could care less if Trump were to get abducted by aliens and we never see him again, and I sure don't make investment decisions for my 401K based on whoever is in the WH. What I do care about though are misleading representations about the markets that people make. So my earlier corrections to your statements have nothing to do with politics, I'm just trying to point out actual facts, some of which are based on my own experience.
But since right before the election the S and P 500 (Nov 4 ,2016) has moved from 2085 to 3040.
C'mon...momentum has been there and things were headed up for 6+ years and continued so......you really have to give Trump credit for what happened after his major policy initiatives......
1. Tax cuts
2. Tariff and Trade Wars
These started less than 2 years back and returns have been largely non-existent since despite free money (from debt and deficit) and every other stimulant they can throw.
Even do......if I take that 2085 it would be 250-300% higher than the low at the start of the Obama years. So....are we too assume Trump can bring the market to 6000+ S&P and 55,000+ DOW?
That's what it would take.....while paying DOWN the deficit.....to match our last POTUS.
Average GDP growth of more than 2.6% is an example of "hits to our economy"?
Yes, because you aren't looking where the growth is......
Health Care - means YOU pay more. Growth from "tax cuts" means larger debt for you and your children and grandchildren. More expenditures for the Security State don't prop up Joe and Jane six pack.
"Growth in the last number of years has been in the realm of 15%"
"Not only is that less than the 20% increase registered on a broad basket of goods over the span, but key costs that play an outsize role in middle-class budgets have increased much more: home prices are up 26%, medical care 33%, and college costs a whopping 45%."
So you can become much less confused when you realize that the harder you work, ,the further behind you are getting...when GDP comes from debt and from higher predatory health care costs that the gubment refuses to rein in.
Nominal GDP is meaningless, real GDP matters. I would say on a probabilistic distribution plot that the likelihood is for economic stagnation, recession, or stagflation to be more likely than Trump's prediction.
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Trump: We're Going To See Economic Growth Of 4, 5 And Maybe 6 Percent
