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originally posted by: Sillyolme
a reply to: LSU2018
The economy is booming no doubt. What is it that trump did that you think had anything to do with that?
The ecomony is growing on its own after a long time of slow recovery from the near depression caused by the last republican president. It was to be expected. Funny when stock prices crash he has nothing to do with it but when they go up its all because of him.
I know better because I actually have investments in the stock market.
Its my primary income now that I am retired.
I beg to differ.
originally posted by: grey580
a reply to: LSU2018
Economy, not that hot.
www.rawstory.com...
Stock market, look at the chart.
fortune.com...
About that unemployment rate.
www.washingtonpost.com...
Regardless of whether the black unemployment rate goes up or down in a given month, the president celebrates it as the “lowest in history” or lowest on record.
That was accurate in May 2018, when the rate declined to 5.9 percent, its lowest level since the Bureau of Labor Statistics began to report it in 1972. Fast-forward to February 2019, and the unemployment rate for African Americans had jumped back to 7 percent, erasing all the gains it had made over the previous year.
(et al)
Schaeffer's does point out that of the 17 presidential cycles in its data set, the third year was only negative two times and both were during the administration of Barack Obama in 2011 and 2015.
However, the stock market, even considering the financial crisis low in March 2009, actually was quite strong during Obama's eight years as president, with the S&P 500 logging an annualized return of more than 16%.
(et al)
The economy under Obama was growing at a little less than 2% over his eight years in office. Under Trump, we're at 3% to 3.5% growth now, or in his term. That's a big increase, it means the economy is growing almost twice as fast under Trump as it did under Obama.
originally posted by: scraedtosleep
a reply to: LSU2018
I didn't like him long before he ran for potus. So your wrong about that.
I voted republican many times. An r or d next to a persons name has never changed my opinion of them.
I don't like people that cheat. I don't like people that use their money to bully small business owners.
Just two reasons many people didn't like trump before he ran.
originally posted by: LSU2018
a reply to: Wayfarer
If I was a billionaire it would have been even easier. There's so much temptation out there for rich guys. But Trump is probably too old to get it up now so Melania has nothing to worry about.
originally posted by: LSU2018
originally posted by: Sillyolme
a reply to: LSU2018
The economy is booming no doubt. What is it that trump did that you think had anything to do with that?
The ecomony is growing on its own after a long time of slow recovery from the near depression caused by the last republican president. It was to be expected. Funny when stock prices crash he has nothing to do with it but when they go up its all because of him.
I know better because I actually have investments in the stock market.
Its my primary income now that I am retired.
You need to do some of your own research as well.
originally posted by: LSU2018
a reply to: grey580
The WP is cherry picking. 7.0% unemployment is only for black men over 16 in 2018. It's 6.6% in 2019. WP is lying to you, and that's exactly how propaganda gets spread. PLEASE research the sources on your own. There are 42 categories on the BLS website that you can look at. 42 categories for white, black, Asian, and Hispanic races.
It's what comes down to it, being critical about the information.
originally posted by: LSU2018
a reply to: face23785
I can tell. He's linking a site that cherry picked one of forty-two categories. It's never been easier to look for yourself but that's against their standards. They seem to prefer intellectual laziness.
originally posted by: grey580
a reply to: Arnie123
Economy under Obama peaked around 2.9%. Trump has improved some. However he is incurring debt a lot of debt. Which isn't good. We'll probably see another Bush era type recession because of it.
We shall see how well he does in his 8 years in office.
(et al)
Obama added $9 trillion in debt during his term. George W. Bush added $4.9 trillion. Bill Clinton added $1.5 trillion.
Debt statistics like those are ready-made talking points for cable news shows and stump speeches. But they can also be misleading.
Why? Because during a president's first year in office, he doesn't control the debt. He inherits his predecessor's budget.
The budget for Obama's first year in office was set by George W. Bush and during the 2009 fiscal year, it created a $1.16 trillion deficit. Bush had left the White House but it was the next guy who picked up the tab.
Comparing the numbers is simple. Knowing who the numbers belong to, and more importantly who to blame, is the useful information.
originally posted by: grey580
Trump is an inept idiot. The only reason he hasn't screwed up royally are the people he has around him just ignore his more insane requests.
There's a reason he has so many empty cabinet positions.
originally posted by: ABNARTY
Wealthy elites do these s***y things. I don't like it. Don't condone it.
If they break the law, lock 'em up. ***sighs*** I can dream anyway.
originally posted by: Sillyolme
a reply to: RalagaNarHallas
Mar a largo was not a club in 1992. This was just turmps home then.