But the media ignores the record economic boosts from less than one year in office ?
The American people knows better. The media can only play interference for so long. Sooner or later, they will come around. When the people get their 401K statements at the end of the year, they will jump for joy and go out and spend and thank Trump for this recovery.
What’s behind the Dow’s stunning rise to 22,000?
The surprisingly persistent gains this year have come courtesy of robust profits at big companies.
So why the GOP tax cut plan?
To further increase the wealth of the little guy's liberties against Obama's big guy liberties , entitlement liberties , bigger government liberties of course .
And the left still wages war for a nanny state .
Your post seems to be a completely disconnected and has nothing to do with what I posted. Such a nonsensical Tourette syndrome post that you just performed means nothing.
You are missing the point. The reason the stock market is hitting new highs is because of the anticipated tax reductions on business. Your argument is only valid if this would have happened even if Hillary was elected... do you honestly believe that to be the case?
The Trump effect is real.
People are more confident going forward. The consumer confidence is rising.
The GDP is rising.
Manufacturing jobs are being created...
The tax cut is needed to keep the economic growth coming.
It is also needed to level the playing field. Our tax laws are too complicated.
The increased standard deduction along with the smaller number of tax brackets will go a long way to reduce tax complexity. More people will be able to file the short form 1040.
The growth over the next few years of GDP will be our way to grow out of our huge debt.
Have to remember Jack, The left wouldn't admit economic success if Trump wrote a check to each of them ! What has their party EVER shown at economic revenue increases but higher taxation and more entitlement spending .
The left ,A perpetual cycle of tax and spend !
ahorseback, a perpetual cycle of spewing hateful lies - never changes.
I would just like to confirm that both you, ahorseback, and Jack, believe that a rise in the stock market is a measure of presidential success?
It's been said again and again , You on the left all ignore ALL the indicators of Trumps economic success' IN ONE YEAR , just to play your immature obstruction games , look at all the indicators and economic gains ,
While every positive economic flag in the book waves in your faces , you're still stuck in the Putin is a" big bag wolf" phase of political immaturity .Fact is ,look at unemployment numbers , corporate spending and investing , the Dow , the S&Ps,
retirement stocks and bonds , look at your tax returns next year , look at the 17 year low in even Black unemployment figures released today . The GDPs ..........
Every economic sign is booming and all you're concentrated on apparently , is what ? Your Hilary guilt and Trump hatred , come on people ........time to let it go.
Yes, indirectly. It is a leading indicator. It shows that the people have confidence in a growing economy and they expect companies to show higher profits...
Trump is causing this by his deregulations and tax reform both of which will help businesses invest...
There is no guarantees.. It is quite possible that the deficits could grow and cause a recession. As interest rates go up, our service of the debt increases. This will add to our high deficits. The only hope is for the GDP growth to offset some of this deficit.
Every Conservative presidency causes a recession, Jack. Where was the economy at when Dubya left office? Dare you look there?
George W Bush was not a true Conservative...
So you refuse to answer again, Jack? I could claim Obama and Hillary weren't true Liberals if you want to play that game.
You can claim whatever you want but it does not make it true.
Morning Jack , There are those on the left and I suppose some of the right too , who will gladly "Go down with the Ship " of ideology rather than admit it when economic success slaps them in the face , They ,who are so full of the opposing ideology and it's" Group Thought " ,would rather actually suffer through a entirely phony set of rules , than to admit that someone understands the economy better than the academic brilliance that the left spews .
It must truly emotionally hurt them to admit success of the Trump economics team.
I completely agree that the economy is doing well. Most analysts will tell you that, throughout history, the economy of the first year of a new president is credited to his predecessor mostly.
For instance, was the economy in Obama's first year his responsibility or his predecessor's? If you're actually cynical enough to say Obama was responsible for the economy the day he stepped into the White House, then your analytical skills need work and there's no basis for any further discussion of how the economy works.
But I will say that there is a Trump effect and that he gets credit for creating a pro-business environment that his elevated the stock market. Remember though, Bush did the same thing, he deregulated, deregulated, deregulated, and it caused a pretty massive economic meltdown.
Still no answer from Jack on the Dubya query. Like horse and colorful, he likes to opine but doesn't like questions about his opinions.
Ditto for POTUS45, where's that video ... (just one of many)
"President Donald Trump cuts an interview with CBS anchor John Dickerson short after being asked about his claim that former President Barack Obama wiretapped his campaign"
goto 7:39, the man-child pretends he's reading 'documents' that are probably plain piece of paper!
http://variety.com/2017/tv/news/trump-c … 2404816/#!
"I don't stand by anything." - POTUS45
I swear , You could drill a hole in the head of some and drive a point of reality into the deepest abyss and still they wouldn't admit operational success .
Look at the numbers ! What is so hard about googling statistics ?
I know , "You can't handle the truth "!....... That great movie statement should be changed when it comes to liberals admitting financial success' , political success , any success of the opposing ideology ?
"You Don't Want To Handle The Truth "!.......Thank You Jack !
The percentage rise of the stock market under Obama was also very significant. Do you attribute to Obama the same characteristics of success you attribute to Trump?
Sure , but stocks were about it! What happened to business and corporate however ? The GDP ? The only significant thing Obama did for the numbers was to stick to a liberal agenda and antiquated unemployment numbers - The usual 4.6 percent unemployment rate measured without looking at the realities of black unemployment , teen unemployment , woman's unemployment , other minority under or unemployment.
Fact............Corporate America shrivels under democratic leadership . Why ? They know that taxation and governed overspending is coming ! Every single time.
I also know that corporate America has a far better Bell -Weather of impending economics , they knew what was likely to come after Obama , hence the increases at his end , they were anticipating the Trumpism of a positive corporate environment .
They saw a Trump victory before the left realized the possibilities . Obviously!
George W. Bush wasn't a true conservative, but Donald Trump is?
I didn't put Obama in the mix because inheriting 2 wars skews the results.
Here is O included, please remember most countries don't even survive 2 war fronts as the US did with Afghanistan and Iraq decades war.
Who created more debt? Bush43 or O44?
Then, by your own statements, President Obama was a massive success given the increases in the stock market under his leadership. And I ask you again, how much did your family's wealth increase under Obama.
And I'll point out, this is not about how I measure presidential success, but about how you measure it.
I suspect you will respond with some explanation about how Obama does not get credit for the stock market increases under his presidency, but that Trump does.
It's heading for collapse next year. Just letting you know so you can get out before it does.
The experts have been predicting a stock market crash for 2 years...and counting.
The problem is no one knows when it will occur and when it does, don’t panic. As long as you don’t sell, it will usually recover after 1 or 2 years. Just make sure you have enouh cash to carry you for that period.
While those folks are celebrating their stock portfolios, I hope they don't lose their health care or have their taxes raised because that is the cost of what Trump has done for you.
@HorseBack, the GOP is responsible for 75% of the national debt, starting trillion dollar wars and lining their pockets with taxpayer funds. They probably will do it AGAIN, today, if they pass the tax bill. Look for another economic collapse next year.
Right up until Obama left office, the GOP claimed the numbers indicating an Obama recovery were not "real" indicators. Trump has been in office for less than a year and gets credit for the economy from the Trumpeters, despite having done nothing yet that could legitimately account for this "booming Trump economy."
So, when the recession hits one to three years after the tax cuts take effect, will Trump and his supporters take responsibility for it? I'm guessing no. It will be yet another cycle of Repubs tanking the economy and a Democratic president saving it.
If I'm wrong? I'll be thrilled. But, I doubt that I am wrong.
Fewer of Obama's overall numbers showed progress , Look at the recent release of black unemployment numbers , forget where I saw it 17% , reportedly a seventeen year low Credence ? I don't know that I ever heard from the Obama left that number once. Black youths unemployment for the Obama era , 50 ish % ?
If a recession of any magnitude hits , anything but wall street's , I'll be the first to admit Trumps economy didn't work. The economy cyclically belongs to Wall street or the remainder of the corporate , business , energy world , that's the way it usually goes . The economy is never simple.
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