To Democrats’ Dismay, Christmas season brings YUGE economic wins for Trump

Yarddog

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Big difference between a recession and a depression......
Well, a depression is a recession but it lasts longer and is deeper. At some point a downturn becomes a recession and a recession becomes a depression but economist argue about when this occurs. Some say the "Great Recession" was actually a depression.
 
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Bobber

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Trump inherited a strong and growing economy. I really wonder how his policies would have worked had he inherited a dumpster fire economy like the last President did.
All depends if the Federal Reserve did what they did for Obama. They lowered interest rates to around the 0 range. If they did the same for Trump AND with his policies it would have been a lot better than Obama.

What actually did Obama do himself in regard to policy that helped the economy? Seems to me he basically said sorry the jobs are gone and won't be back.
 
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A_Thinker

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What actually did Obama do himself in regard to policy that helped the economy? Seems to me he basically said sorry the jobs are gone and won't be back.
Really ???
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Robin Mauro

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Santa appears to be delivering some good economic news this Christmas season for President Donald Trump, as his economic policies seem to have created a flurry of both spending and earning.


The Bureau of Economic Analysis (BEA) has reported personal income rose $101.7 billion (0.5%) in November, exceeding the previous projections it had made. The gains were primarily related to employee compensation.

The gain was primarily driven by better compensation for employees, as well as farm proprietors’ income, and personal interest income.

Forecasts ranged from a low of 0.2% to a high of 0.4%. The consensus forecast was 0.3%.

Disposable personal income (DPI) rose $87.7 billion (0.5%) and consumer spending continued to come in stronger than expected. Personal consumption expenditures (PCE) gained $64.9 billion (0.4%).

Forecasts ranged from a low of 0.2% to a high of 0.5%. The consensus forecast for spending was 0.4%.

To Democrats' Dismay, Christmas season brings YUGE economic wins for Trump
How quickly we forget...Republicans ran the economy into the ground in the previous 8 years before Obama under George W Bush. Obama had to pull us out of the greatest recession, which Trump is benefitting from now, as the Republicans do their best to run the economy into the ground again, underTrump, wth the same old tactics; deregulation, tax breaks for the rich, a deficit now in the trillions...
 
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civilwarbuff

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How quickly we forget...Republicans ran the economy into the ground in the previous 8 years before Obama under George W Bush. Obama had to pull is out of the greatest recession, which Trump is benefitting from now, as the Republicans do their best to run the economy into the ground again, underTrump, wth the same old tactics; deregulation, tax breaks for the rich, a deficit now in the trillions...
Try something other than democratic talking points....I may stop laughing by then......
 
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Julian of Norwich

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I am disabled and on SS. I know that Medicare does a quite good job with healthcare without a major politician leading it. SS is necessary for numerous people that didn't have a choice in saving money for retirement and the "mighty" US can afford both to ensure it stays good for many decades and to give seniors a raise (this year, after the hike in Medicare premiums which is taken out of SS checks before we get them, I get a raise of $5! Pitiful for the supposed greatest country on earth. We obviously care sooooo very much about our disabled and seniors!).
 
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hedrick

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Remember that the President has limited effect on the economy, except that big mistakes can mess it up.

GDP growth is pretty typical: U.S. GDP Growth Rate 1961-2019

Unemployment has improved, but doesn’t seem unusual for this point in the business cycle: Unemployment in the United States - Wikipedia.

Labor force participation rate had been going down, but seems to have stabilized start in 2013. There’s a recent slight rise, but we’ll need to see more data to know if it’s real or statistical noise. Civilian labor force participation rate

Personal income growth seems typical for this point in the business cycle: Real Median Personal Income in the United States. As the article quoted in the following paragraph notes, median household income adjusted for inflation is the same as 20 years ago. Not something Trump created, but it should inject some realism into talk about increasing income.

My real concern is the growing income inequality: https://www.washingtonpost.com/busi...n-since-census-started-tracking-it-data-show/. This means that lots of people are being left behind. Note that this is not a creation of Trump. It’s gotten worse under him, but it had been growing before him as well.
 
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Vicky gould

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Santa appears to be delivering some good economic news this Christmas season for President Donald Trump, as his economic policies seem to have created a flurry of both spending and earning.


The Bureau of Economic Analysis (BEA) has reported personal income rose $101.7 billion (0.5%) in November, exceeding the previous projections it had made. The gains were primarily related to employee compensation.

The gain was primarily driven by better compensation for employees, as well as farm proprietors’ income, and personal interest income.

Forecasts ranged from a low of 0.2% to a high of 0.4%. The consensus forecast was 0.3%.

Disposable personal income (DPI) rose $87.7 billion (0.5%) and consumer spending continued to come in stronger than expected. Personal consumption expenditures (PCE) gained $64.9 billion (0.4%).

Forecasts ranged from a low of 0.2% to a high of 0.5%. The consensus forecast for spending was 0.4%.

To Democrats' Dismay, Christmas season brings YUGE economic wins for Trump
Hi, just wondering except for denominations or parts there of who have closed a blind eye to the totality of trump’s anti-Christian acts, words attacks etc how many churches would trump be fit to be a leader in. My reading of Scripture would bring the total to zero.

in my opinion Donald Trump is the perfect president for the times we live in when evil is seen as good and good as evil. I serve the Lord and because of that I do not oppose Trump, I pray for him as God’s appointed leader but to brag about this man is beyond me.
 
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ArmenianJohn

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We have universal health care already. Bust your tail learning the skills required to get a good job, and pay for your health care. The vast majority of people can do it. It's what I did, and it worked well.
In the USA we do not have "universal health care". If we did, you wouldn't be telling someone to "get a good job, and pay for your health care". You contradict yourself and don't even realize it.

What health care do you have that works so well, by the way? I don't believe there is such a thing.

Government-run health care is lousy and/or overpriced health care, because providing health care is not one of the proper functions of government.
"Government-run health care" and "universal health care" are not the same things at all. You don't understand the issue at all.
 
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