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As a Millennial I have never seen the economy as good as it is right now

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posted on Jun, 7 2017 @ 06:39 PM
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a reply to: 3NL1GHT3N3D1

Non sequitur.

Let's get back to the topic.




posted on Jun, 7 2017 @ 06:40 PM
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a reply to: SBMcG

And the same can't be said from Obama to Trump though. Obama had nothing to do with the economy recovering because it was already fixed but Trump can take credit for the economy growing even though he hasn't enacted anything economically.

Makes sense.
edit on 6/7/2017 by 3NL1GHT3N3D1 because: (no reason given)



posted on Jun, 7 2017 @ 06:43 PM
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a reply to: seasonal

Trust me. I do know the bone the Fed. Reserve is giving us.

Was just adding to your basement dweller comment.



posted on Jun, 7 2017 @ 06:43 PM
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a reply to: JinMI

Back on topic then: Trump inherited an economy on the rise and has yet to enact any economic legislation (at all) but he is the reason the economy is improving.

Makes sense.



posted on Jun, 7 2017 @ 06:44 PM
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a reply to: 3NL1GHT3N3D1

Unfortunately in Obama's case and fortunately for Trump most of the econ is based off gut feelings.



posted on Jun, 7 2017 @ 06:45 PM
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originally posted by: 3NL1GHT3N3D1
a reply to: JinMI

Back on topic then: Trump inherited an economy on the rise and has yet to enact any economic legislation (at all) but he is the reason the economy is improving.

Makes sense.


There is factual information in this thread that disproves that statement to the point of an improving economy. The biggest thing IMO is that he has been able to work within the framework without legislation. Wouldn't you agree that the US is over regulated and legislated enough as it is?



posted on Jun, 7 2017 @ 06:45 PM
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a reply to: Terminal1

Info is power.

I am for a silver backed currency-this would help everyone-not just the mill-or gens.



posted on Jun, 7 2017 @ 06:47 PM
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originally posted by: 3NL1GHT3N3D1
a reply to: SBMcG

And the same can't be said from Obama to Trump though. Obama had nothing to do with the economy recovering because it was already fixed but Trump can take credit for the economy growing even though he hasn't enacted anything economically.

Makes sense.


You are free to believe whatever you want about Obama if that makes you feel better, but it strains all credulity to try and claim that after 8 years of what even the liberal media calls an historically-bad economy, all of a sudden once Obama is gone, the now-vibrant economy is his doing.



posted on Jun, 7 2017 @ 06:47 PM
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a reply to: 3NL1GHT3N3D1



They will be here soon to deflect away from the 'Trump Effect' and give the credit to Obama or something.


This was my first post in this thread. I knew I could count on you.

Anyways I'm outta here, have fun.




posted on Jun, 7 2017 @ 06:48 PM
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a reply to: SBMcG

Oh SH-- the media said the econ was bad.... Let me delete all my posts.



posted on Jun, 7 2017 @ 06:49 PM
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a reply to: seasonal

So since the economy is improving it's because of "market confidence" in Trump.

Try to say the same about Obama (market confidence in him) when he took office and you'll be ganged up on and beaten down with condescension and snarky replies.

Thanks guys. Sorry I walked in on your circle jerk.



posted on Jun, 7 2017 @ 06:49 PM
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originally posted by: 3NL1GHT3N3D1
a reply to: JinMI

Back on topic then: Trump inherited an economy on the rise and has yet to enact any economic legislation (at all) but he is the reason the economy is improving.

Makes sense.


Wrong again.

Trump "inherited" the lousy Obama recovery. As soon as Trump was sworn in he signed dozens of EO's rolling back hundreds of truly awful Obama regulations.

Now the economy is growing again.

By definition, that is policy.



posted on Jun, 7 2017 @ 06:49 PM
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originally posted by: 3NL1GHT3N3D1
a reply to: SBMcG

Take a look at this. The economy gradually improved throughout the entirety of Obama's 2 terms.


Of course it did. Remember quantitative easing????

Yeah, 84+ billion dollars a month to prop up the markets. Over a trillion dollars a year in accommodation!! That hasn't stopped!

The economy is ripe with fraud! There are SEVERAL bubbles nobody has mentioned yet, like the student loans, the sub prime auto loans defaulting, the new housing market, etc. I'm sure a lot of you go by zero hedge once in a while.... have you seen the charts, evidence, commentary from market analysts and hedge fund managers???

I don't know what planet some of you are on but my God.......the disconnect is absolutely incredible!!

Good luck. Oh, and before you mention doom porn, go do some research. For your own sake...DO SOME FREAKING RESEARCH.

ETA: Ever heard of default swap derivatives!!!!!????

Yeah, over 200 TRILLION hanging in the wind.....how should the WORLD rectify that torpedo???
edit on E30America/ChicagoWed, 07 Jun 2017 18:56:52 -05006pmWednesdayth06pm by EternalShadow because: add



posted on Jun, 7 2017 @ 06:51 PM
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a reply to: 3NL1GHT3N3D1

Oh, I see an opinion that differs is a circle jerk.

Wallstreet went up, and that is about it, O under performed, and over promised.



posted on Jun, 7 2017 @ 06:51 PM
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a reply to: SBMcG

Historically slow recovery because it was a historically bad recession.

The deeper the hole the longer it takes to climb out. Of course the recovery would be historically slow, the hole was historically deep!



posted on Jun, 7 2017 @ 06:57 PM
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originally posted by: 3NL1GHT3N3D1
a reply to: SBMcG

Historically slow recovery because it was a historically bad recession.

The deeper the hole the longer it takes to climb out. Of course the recovery would be historically slow, the hole was historically deep!


Nope. The recession Reagan inherited from Obama's fellow Democrat in 1981 was far worse on every level than the 2008 mortgage crash. Within 24 months Reagan had righted the ship and his recovery led to one of the most robust expansions in our history.

Obama had no real economic policy. He signed the laughably-failed "shovel ready" stimulus package into law, but that was a bust. I give him credit for bailing out GM, but not how he did it. But he really had no coherent economic policy other then wealth redistribution, which is why Corporate America horded cash throughout his failed presidency.
edit on 7-6-2017 by SBMcG because: Correction



posted on Jun, 7 2017 @ 06:57 PM
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a reply to: knowledgehunter0986

I could go to any number of threads and predict you guys coming in in droves and smothering people with your condescension.



posted on Jun, 7 2017 @ 06:58 PM
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a reply to: 3NL1GHT3N3D1

I can make a lifestyle that looks awesome if I have an unlimited credit card.

What was the total of the awesome O 8 years? $10,000,000,000,000? Please stop, you are not proving your point.



posted on Jun, 7 2017 @ 06:59 PM
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a reply to: SBMcG

You mean the same Corporate America that now has confidence in Trump? I wonder why? Probably because they know more hoarding of money is in the near future.

I know how this works though, Trump can do no wrong and Obama can do no right. I admit it, Trump is Jesus and Obama the devil.



posted on Jun, 7 2017 @ 07:00 PM
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As a Millennial I have never seen the economy as good as it is right now


Yep, thanks Obama!




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