I thought we were in the best economy ever?

KCfromNC

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So, basically, you went 0-for-5, which, if it makes you feel any better, is about as good as most TrumpFans do when I ask this question.
But hey, at least we're reigning in health care costs after Donald got his new insurance plan passed by his own party in congress.

Oh wait, nope, that was Obama too.
 
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hedrick

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Percent of jobs that are part time is following the same pattern as in previous recessions. https://www.advisorperspectives.com.../the-ratio-of-part-time-employed-january-2020

the major economic patterns are the same under Trump as previous presidents. He has the good luck to be at the peak of the business cycle.

there are, of course plenty of people who aren’t sharing in the recovery. I think you’ll find this was true in the past as well, though the specifics are different.

there are other concerning trend, however, such as income inequality and the i affordability of health care for many.
 
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TLK Valentine

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Let's not forget Donald's also leading in number of impeachments, and number of impeachment trials where members of his own party voted to remove him from office.

Actually, I did mention that. Donald's made history in a way Obama never did. I bet Barack is fuming over that!

And failed attempts to have his own party enact health care reform.

Indeed, when it comes to health care reform, Obama actually managed to fail at failing!
 
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KCfromNC

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Percent of jobs that are part time is following the same pattern as in previous recessions. The Ratio of Part-Time Employed: January 2020

the major economic patterns are the same under Trump as previous presidents. He has the good luck to be at the peak of the business cycle.

He also managed to pass a major deficit increase during a booming economy, so it isn't all luck. Some of it is also objectively bad economic policy.
 
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GodLovesCats

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The theory is, more money in people's pockets creates more spending. More spending creates more demand, which creates more jobs (because rich people don't create jobs, consumers do). More jobs means more taxes paid on income.

But it hardly ever works that way for long.

That makes no sense. All consumers do is keep businesses operating by giving them money.

How does the government keep its own programs operating without higher income taxes?
 
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GodLovesCats

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No, your employer would owe you the wages you agree to. If the wages are not what you want, find another employer.

I do not agree to wages. That requires negotiation and I can't negotiate them.
 
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Ken-1122

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Given that after cutting these regulations the economy was basically indistinguishable from Obama's last term, looks like more evidence that Donald's claims should not be taken seriously.
Indistinguishable from Obama's last term? Unemployment is below 4%; something never accomplished by Obama, Wages are up much higher than ever under Obama, the USA is now the #1 Oil producer in the world up from 3rd place under Obama, how can you notice all of this and still call it undistinguishable?
 
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Ken-1122

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But apparently not the best ever.
No; the best was after WW-2 when Europe and Asia got destroyed and the USA was basically the only country open for business; we will never get that kind of economic opportunity unless another war destroys half of the productive world again IMO
 
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gaara4158

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Of course there is always room for improvement, my point was not whether it was good enough for you, but that things are better now than before.
That again depends on what metrics you look at. Can you buy a house with a single income as easily and commonly as in the past? Probably not. But if you already have the house, it’s probably more valuable than it was before.
 
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gaara4158

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Then he should have said so because I can't read his mind.
That’s actually the point, it’s called trolling and it’s unfortunately very common on the internet. He’s trying to get a rise out of people by being aggressively wrong.
 
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Ricky M

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tell that to the basketball player who never practices.
A person with no talent for basketball can practice all they want, they will never develop the skills needed to succeed at it. A person with the talent to play but who never practices never reaches that talent's full potential.
 
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Ricky M

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Given that after cutting these regulations the economy was basically indistinguishable from Obama's last term, looks like more evidence that Donald's claims should not be taken seriously.
De-regulation ... I have 3 words for that ... Boeing 737 Max!
 
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Ricky M

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That makes no sense. All consumers do is keep businesses operating by giving them money.

How does the government keep its own programs operating without higher income taxes?
I never said it made sense. I just said that, like trickle down economics, that's the theory that keeps failing.
 
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Ricky M

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I do not agree to wages. That requires negotiation and I can't negotiate them.
And when all employers are racing to the bottom of the compensation barrel, where ya gonna go that's any different?
 
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