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Economy firing on all cylinders

llovejim

Current Champion
Sorry, liberals. This is yet another argument I'm glad to say you have LOST.

https://www.foxbusiness.com/markets/us-stocks-dec-6-2019

Stocks surge after jobs blowout, economic expansion
The Dow Jones Industrials tacked on over 337 points or 1.2 percent, while the Nasdaq rose 1 percent and the S&P 500 just under that level.


The report showed the U.S. economy added 266,000 nonfarm jobs as the unemployment rate slipped to 3.5 percent. Economists surveyed by Refinitiv were expecting the addition of 180,000 and the unemployment rate to hold at 3.6 percent.


This is a blowout number and the U.S. economy continues to be all about the jobs,” said Tony Bedikian head of global markets for Citizens Bank.

Speaking to FOX Business, White House Economic Advisor Larry Kudlow praised the report.


No, liberals. This NEVER occurred during the Obama years. EVER.


https://www.whitehouse.gov/articles/u-s-unemployment-rate-falls-50-year-low/


U.S. Unemployment Rate Falls to 50-Year Low
The Trump Administration’s pro-growth agenda provides job creators with the framework they need to expand their businesses and offer more opportunities for workers. Since the President’s election, the economy has added over 6.4 million jobs—more than the population of Maryland. Steady job growth in combination with sustained year-over-year wage increases are not only positive signs for the economy: They also improve workers’ quality of life and incentivize previously left-behind Americans to join the labor force.


The household survey finds that the unemployment rate fell to 3.5 percent in September, marking the 19th consecutive month at or below 4 percent unemployment. The unemployment rate is the lowest it has been since May 1969—over 50 years ago. All Americans are benefiting from the labor market’s continued improvement. The lowest unemployment rates on record were matched or set in September 2019 for African Americans, Hispanics, and people with disabilities.


Whether you liberals like it or not:

1. This is the best economic news in history.

2. Obama and the Democrats had NOTHING WHATSOEVER to do with this.

3. Obama's lame ass economy did not come anywhere NEAR these numbers. He even said those jobs would NOT be coming back.

4. Those jobs are back, thanks ONLY to Trump.


Peace and Prosperity, for the first time since the Reagan Eighties.
wow, talk about drinking the kool aid!! you are swimming in it!! the unemployment numbers are on exactly the same track they were under obama the last 6 years or so. the stock market (DOW) increased 2.5 times under Obama, from around 8000 to around 20,000. for trump to match that it would have to be at 50,000 if he lasted 8 years. does even his most brainwashed stooge believe that will happen? the rich are richer than ever, big corporations have more record profits, but the overall condition of the middle class and working poor has not increased at a higher rate than it did under obama. do facts mean nothing to you? all these facts can be easily googled...go for it...

and what about trump's claims to end deficit spending and even ending all public debt within 8 years? do you not care that it has exploded in both cases under this incompetent assclown?

Trump-O-Meter: Eliminate the federal debt in 8 years | PolitiFact

https://www.politifact.com › promises › trumpometer › promise › eliminat...

Oct 20, 2017 - Trump celebrates Senate budget bill, but it busts his promise to eliminate ... Trump promised to eliminate the United States' $19 trillion in debt in ...

Trump and the National Debt - The Balance

https://www.thebalance.com › Investing › US Economy › Hot Topics

It would increase the U.S. debt to $29 trillion according to Trump's budget .... Contrary to President Trump's campaign promise to eliminate national debt in eight ...

Donald Trump Promised to Eliminate the Deficit in 8 Years. So ...

https://www.newsweek.com › ... › U.S. Economy › Barack Obama › CBO

Oct 8, 2019 - ... campaign, President Donald Trump said he'd wipe the federal debt. ... an aggressive promise on federal finances: He would eliminate the ...

US budget deficit hits highest level in 7 years, despite Trump's ...

https://www.cbsnews.com › news › u-s-budget-deficit-hits-highest-level-in-...

Oct 25, 2019 - Washington — The federal deficit for the 2019 budget year surged to ... Those projections stand in contrast to President Trump's campaign promises that even with ... be able to eliminate the federal budget deficit with cuts in spending and ... thereby raising the national debt, as a percentage of the economy, ...

trump deficit meme.png
 

Nutty Cortez

Dummy (D) NY
wow, talk about drinking the kool aid!! you are swimming in it!! the unemployment numbers are on exactly the same track they were under obama the last 6 years or so. the stock market (DOW) increased 2.5 times under Obama, from around 8000 to around 20,000. for trump to match that it would have to be at 50,000 if he lasted 8 years. does even his most brainwashed stooge believe that will happen? the rich are richer than ever, big corporations have more record profits, but the overall condition of the middle class and working poor has not increased at a higher rate than it did under obama. do facts mean nothing to you? all these facts can be easily googled...go for it...

and what about trump's claims to end deficit spending and even ending all public debt within 8 years? do you not care that it has exploded in both cases under this incompetent assclown?

Trump-O-Meter: Eliminate the federal debt in 8 years | PolitiFact

https://www.politifact.com › promises › trumpometer › promise › eliminat...

Oct 20, 2017 - Trump celebrates Senate budget bill, but it busts his promise to eliminate ... Trump promised to eliminate the United States' $19 trillion in debt in ...

Trump and the National Debt - The Balance

https://www.thebalance.com › Investing › US Economy › Hot Topics

It would increase the U.S. debt to $29 trillion according to Trump's budget .... Contrary to President Trump's campaign promise to eliminate national debt in eight ...

Donald Trump Promised to Eliminate the Deficit in 8 Years. So ...

https://www.newsweek.com › ... › U.S. Economy › Barack Obama › CBO

Oct 8, 2019 - ... campaign, President Donald Trump said he'd wipe the federal debt. ... an aggressive promise on federal finances: He would eliminate the ...

US budget deficit hits highest level in 7 years, despite Trump's ...

https://www.cbsnews.com › news › u-s-budget-deficit-hits-highest-level-in-...

Oct 25, 2019 - Washington — The federal deficit for the 2019 budget year surged to ... Those projections stand in contrast to President Trump's campaign promises that even with ... be able to eliminate the federal budget deficit with cuts in spending and ... thereby raising the national debt, as a percentage of the economy, ...

View attachment 46688


ooo a meme from 'Impeach Trump !'

(and that meme was destroyed last week when with inflation adjusted Dollars- Trump is on the identical debt numbers as Obama)


But in case you forgot. This classic.

 

middleview

President
Supporting Member
The unemployment rate was 4.5% when Trump moved into the WH. Now it is 3.5%. Ok, let's give Trump credit for dropping the unemployment rate by 1%.

Low unemployment rates during the Obama disaster reflect huge numbers of people who had just given up on finding a job. Even that son of a bitch said the manufacturing jobs would not come back.


But they did, thanks ONLY to Trump.
https://www.foxbusiness.com/politics/trump-job-creation-reached-3-4m-since-election-day

No president in history created such large amounts of good paying jobs. None. Zip. Zero. Nada

We done there? Now, how much money is Trump giving to farmers to pay for his trade war? Looks like it is actually more than Obama spent bailing out GM....

More lies.


Trump trade war? Are you really that stupid? The trade war preceded Trump by almost 40 years. All he did was fight back.

And now China is buying rice from the US.
https://www.washingtonexaminer.com/policy/economy/china-allows-first-ever-us-rice-imports

If you're so concerned about a president just giving away huge chunks of American taxpayer cash...
https://www.washingtontimes.com/news/2016/aug/2/report-obama-paid-iran-400-million-ransom-american/


Everybody knows Obama was the worst president in history. Only total edited think he did America any good at all, other than not letting the door hit him in the ass on the way out.
The $400 million was Iran's money. How often will right wingers pretend it was taxpayer money?
 

middleview

President
Supporting Member

Pogue Mahone

Legalize it.
This will decide the election a lot more than the impeachment circus will. If this booming economy can keep firing on all cylinders until the election, Trump will be hard to beat. If it goes south between now and November though, it'll be a lot tougher for him to win re-election. His best chance then will be for the dems to nominate a "social democrat" type candidate who people fear will do more harm than good to an already ailing economy.
 

Marcus Aurelius

Governor
Supporting Member
wow, talk about drinking the kool aid!! you are swimming in it!! the unemployment numbers are on exactly the same track they were under obama the last 6 years or so. the stock market (DOW) increased 2.5 times under Obama, from around 8000 to around 20,000. for trump to match that it would have to be at 50,000 if he lasted 8 years. does even his most brainwashed stooge believe that will happen? the rich are richer than ever, big corporations have more record profits, but the overall condition of the middle class and working poor has not increased at a higher rate than it did under obama. do facts mean nothing to you? all these facts can be easily googled...go for it...

and what about trump's claims to end deficit spending and even ending all public debt within 8 years? do you not care that it has exploded in both cases under this incompetent assclown?

Trump-O-Meter: Eliminate the federal debt in 8 years | PolitiFact

https://www.politifact.com › promises › trumpometer › promise › eliminat...

Oct 20, 2017 - Trump celebrates Senate budget bill, but it busts his promise to eliminate ... Trump promised to eliminate the United States' $19 trillion in debt in ...

Trump and the National Debt - The Balance

https://www.thebalance.com › Investing › US Economy › Hot Topics

It would increase the U.S. debt to $29 trillion according to Trump's budget .... Contrary to President Trump's campaign promise to eliminate national debt in eight ...

Donald Trump Promised to Eliminate the Deficit in 8 Years. So ...

https://www.newsweek.com › ... › U.S. Economy › Barack Obama › CBO

Oct 8, 2019 - ... campaign, President Donald Trump said he'd wipe the federal debt. ... an aggressive promise on federal finances: He would eliminate the ...

US budget deficit hits highest level in 7 years, despite Trump's ...

https://www.cbsnews.com › news › u-s-budget-deficit-hits-highest-level-in-...

Oct 25, 2019 - Washington — The federal deficit for the 2019 budget year surged to ... Those projections stand in contrast to President Trump's campaign promises that even with ... be able to eliminate the federal budget deficit with cuts in spending and ... thereby raising the national debt, as a percentage of the economy, ...

View attachment 46688
a derrr...............................

https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296

The Top Five Contributors by Percentage
Franklin D. Roosevelt: President Roosevelt had the largest percentage increase. Although he only added $236 billion, this was a 1,048% increase from the $23 billion debt level left by President Herbert Hoover.

Woodrow Wilson: President Wilson was the second-largest contributor to the debt, percentage-wise. He added $21 billion, which was a 727% increase over the $2.9 billion debt of his predecessor.

Ronald Reagan: President Reagan increased the debt by 186%. Reaganomics added $1.86 trillion.

George W. Bush: President Bush added $5.849 trillion, the second-greatest dollar amount. This was a 101% increase, the fourth-largest.

Barack Obama: Under President Obama, the national debt grew the most dollar-wise. He added $8.588 trillion. This 74% increase was the fifth-largest.

ODD.... I dont see TRUMP's name on that top five list...hmmmmmmm.... must be lies and fake news, right Mr. L?


Oh wait.... here it is...

U.S. Debt Increase by Fiscal Year Since 1960
The U.S. Treasury Department has historical tables that report the annual U.S. debt for each fiscal year since 1790.4 This data has been compiled for each president as detailed below.


Donald Trump: Trump plans to add $5.088 trillion to the debt in his first term.5 That's a 30% increase from the $20.245 trillion debt at the end of Obama's last budget for FY 2017.

Barack Obama: Added $8.588 trillion, a 74% increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.

Oh wait, Obama added only a 30% increase over Obama, while Obama added a 74% increase over Bush.

hmmmmmmm.... must be lies and fake news, right Mr. L?
 

Zam-Zam

Senator
Out of curiosity, what is the average annual spend on farm subsidy?

Interesting read on that topic here:

https://www.forbes.com/sites/adamandrzejewski/2018/08/14/mapping-the-u-s-farm-subsidy-1-million-club/#69019ae23efc

A snippet:


Since 2008, however, the top 10 farm subsidy recipients each received an average of $18.2 million – that’s $1.8 million annually, $150,000 per month, or $35,000 a week. With the median household income of $60,000 a year, these farmers received more than 30 times the average yearly income of U.S. families.
 

sensible don

Governor
Supporting Member
Ok , so THE GREAT Trump economy is based A LOT upon the wealth of the 10 richest states ( wealth, stocks, biz ownership ), of which 9 are blue states and the 1 red state gets oil money. hmmmmm so the poorest 10 states, OF WHICH 9 ARE RED states continue to be a drag on the socialist tax funded programs. So when you proclaim the great economy facts, be sure to thank those blue states ! So who is really sitting at home collecting welfare - OBVIOUSLY THE 10 POOREST STATES - 9 OF THEM RED

whoopsie...........never thought about that did you - but continue sounding that TRUMPet

Top 10 Richest U.S. States


BY DAN BLYSTONE

Updated Sep 29, 2019
TABLE OF CONTENTS
The 10 Poorest States In America For 2019
  1. Mississippi - R
  2. New Mexico - D
  3. Alabama - R
  4. Louisiana - R
  5. West Virginia - R
  6. Kentucky - R
  7. South Carolina - R
  8. Arkansas - R
  9. Georgia - R
  10. North Carolina - R
 

sensible don

Governor
Supporting Member
Interesting read on that topic here:

https://www.forbes.com/sites/adamandrzejewski/2018/08/14/mapping-the-u-s-farm-subsidy-1-million-club/#69019ae23efc

A snippet:


Since 2008, however, the top 10 farm subsidy recipients each received an average of $18.2 million – that’s $1.8 million annually, $150,000 per month, or $35,000 a week. With the median household income of $60,000 a year, these farmers received more than 30 times the average yearly income of U.S. families.
The Corporate Farmers ( BIG DONORS ) are receiving the bulk of these payments, average farmers with 1-400 acres are NOT getting anything close to those figures but it is sad that payments are being made to offset horrible trade decisions - that Trump is buying ( TRYING TO ) votes for 2020 - PLAIN AND SIMPLE!
 

PhilFish

Administrator
Staff member
The Corporate Farmers ( BIG DONORS ) are receiving the bulk of these payments, average farmers with 1-400 acres are NOT getting anything close to those figures but it is sad that payments are being made to offset horrible trade decisions - that Trump is buying ( TRYING TO ) votes for 2020 - PLAIN AND SIMPLE!
odd. the data within delineates 2008 - 2017. The bulk of those earning falling under what administration?

offset? buying? whom? or...who is not?

ps. subsidies average 20 billion per annum, for years.
 

Dawg

President
Supporting Member
The $400 million was Iran's money. How often will right wingers pretend it was taxpayer money?
So why did barry fly them $1.5 Billion that they ate now putting missiles in Iraq with while killing 1000's of protestors in their streets?
 

Dawg

President
Supporting Member
This will decide the election a lot more than the impeachment circus will. If this booming economy can keep firing on all cylinders until the election, Trump will be hard to beat. If it goes south between now and November though, it'll be a lot tougher for him to win re-election. His best chance then will be for the dems to nominate a "social democrat" type candidate who people fear will do more harm than good to an already ailing economy.
It's why the trade bill has been on Pelosi's desk for almost 400 days, no way will she bring it to the floor knowing it will pass and create 175,000 new jobs....
 
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