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Trump keeps touting how great the economy is but by what measure

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posted on Jan, 19 2020 @ 11:10 AM
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a reply to: ErEhWoN

So all the amazing numbers are due to the tax break Trump gave ... which means it was Trump, thanks for admitting it.




posted on Jan, 19 2020 @ 11:12 AM
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a reply to: CriticalStinker

It's more than just businesses. It's people. When people are hopeful for their financial future they spend. That spending helps businesses expand, pay better wages, which has a snowball effect over the entire economy. We saw immediate, huge changes as soon as Trump won, when we had no changes from Congress.



posted on Jan, 19 2020 @ 11:13 AM
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originally posted by: ErEhWoN



and it did not even improve much with Obama
a reply to: rickymouse

You sure about that?

Maybe you should do some reading up, that is just an ignorant statement.

It's a fact we had the worst economic recovery in history under Obama.



posted on Jan, 19 2020 @ 11:16 AM
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originally posted by: olaru12
The GOP used to be the conservative "no more debt" party. Since trump..."who cares" just let the future generations deal with it.

www.businessinsider.com...


tax and spend, thanks GOP

www.politifact.com...

To fix the problem we need to have serious entitlement/social spending reductions. It requires both parties and Democrats want to INCREASE it, not decrease it. It's impossible to fix until Democrats stop trying to buy votes.



posted on Jan, 19 2020 @ 11:18 AM
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a reply to: openminded2011

Most of the wage increase has gone to the bottom 40%. Because of Trump I was able to quit work and focus on school full time. My wife's one job takes care of everything now.



posted on Jan, 19 2020 @ 12:04 PM
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originally posted by: OccamsRazor04

It's a fact we had the worst economic recovery in history under Obama.


I don't think people really understand how bad Obama was in the recovery. He dumped 1.5 trillion into it with a lot of it going to Green companies, banks, auto companies with many of the Green companies not even lasting as long as his Presidency. I got a hell of a lot more from Trump's tax cut and raising the child tax credit alone than anything Obama handed out.

When you look at past Presidents many entered their office in a recession. Reagan's was a big one with 2 back to back and it took 1.5 years to get out of it. I remember my first car had a interest rate of 18% and gas price double very quickly, unemployment 11%. Bush had one too and took about a year to get through it then Obama got his and even though it is seen as a 1.5 year recession we still were feeling the pain 8 years later.

Each person needs to reflect on Obama's 8 years and ask themselves what did Obama do for them at the individual/family level to get through it. I think many are still feeling some of the pain from that time, big scars that will take a long time to go away. America's homeless problem is also repercussions from Obama's 8 years. Obama didn't care about the individual level, he was more interested in Green then food on your table. He wanted to financially force people to live a Green life and even said it would be good for the country if gas went to 10 bucks a gallon to make it unaffordable thus forcing people to use other means. He also saw the best way for Obamacare to be successful would be to make many foods unaffordable too in a effort to drive the population in the direction he thought best.

He also felt that job growth was in the form of Goverment/civil service jobs and we saw what happens when much of the population has a fat Goverment pay check and the private sector has high unemployment, Greece anyone? Obama didn't do crap for the private sector, the ones who pay the tax bill. Two main areas where he hurt small businesses the most was his regulations and tax that was extremely choking for them.

He said he created 14 million private sector jobs over a few years, but did he create or did some people just get back to work? One area we saw a huge decline in wages was in the form of losing one's good paying job to just finding a low paying job to replace it, and this was the bigger issue for many as they not only saw the cost of living about double, but their pay check was cut in half. It was extremely hard to get any loan and small businesses saw a drop in bank loans from 36% to only 25% during Obama years.

Now after three years with Trump we can say he has long had the reins 100% and all that he has been doing successfully for the country was never on Obama's plate to begin with in suggesting that Obama started any of it first.



edit on 19-1-2020 by Xtrozero because: (no reason given)



posted on Jan, 19 2020 @ 12:22 PM
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originally posted by: OccamsRazor04

Most of the wage increase has gone to the bottom 40%. Because of Trump I was able to quit work and focus on school full time. My wife's one job takes care of everything now.


For me, I had a good job throughout Obama's years, but my taxes went up and I lost my Tri Care Prime and was moved into Tri Care Standard that cost me huge out of pocket expenses for my family anytime they needed care. My pay pretty much stagnated and even though I moved up in positions there wasn't a pay increase associated with the moves while it seemed like the cost of living doubled overnight, so though I wasn't hurting with Obama I limb though it all.

For me with Trump's 3 years my pay has gone up about 30%, I also pay 5k less in taxes and I was able to go back to Tri Care Prime. My cost of living has gone down too over all, so I can't say its been a bad 3 years...



edit on 19-1-2020 by Xtrozero because: (no reason given)



posted on Jan, 19 2020 @ 06:08 PM
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a reply to: Xtrozero

My paycheck went up slightly under Obama, but my takehome never increased due to increased taxes/fees. Huge wage increase under Trump. Wage increases of several thousands in addition to normal raises, several times.



posted on Jan, 19 2020 @ 08:00 PM
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Take home has increased some for me, but groceries have also gone up for the same things. I don't know if it all evens out.



posted on Jan, 19 2020 @ 08:03 PM
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a reply to: Grimpachi

Giving with one hand and taking with the other is what capitalism is all about.



posted on Jan, 19 2020 @ 08:09 PM
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a reply to: dfnj2015





I want to vote for Trump




You are either one of the biggest trolls on ATS, or youre so supremely niave of your own rhetoric, that you would ACTUALLY believe anyone would believe that statement.........

You post threat after thread after thread of Anti Trump/Anti American rhetoric, im surprised youre able to hold down a job you spend so much time on it.........

Theres nothing relevant in this op..........."By what metric"?


All of them...........



posted on Jan, 19 2020 @ 08:10 PM
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Since Obama and Hillary were jointly kicked into the street my life has certainly improved. 3 pay raises since Trump took office, and all kinds of life improvements. And before anyone says Obama was finished anyways after 2 terms (of destruction), when Trump won and clobbered Hill-of-beans, it was the same as if he had clothes-lined Obama and threw him into the street. (And I would gladly live in poverty just for that alone having happened).

Thanks President Trump!

edit on 19-1-2020 by NoCorruptionAllowed because: eta



posted on Jan, 19 2020 @ 10:12 PM
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originally posted by: andy06shake
a reply to: Grimpachi

Giving with one hand and taking with the other is what capitalism is all about.
No, its what socialism does. Don’t forget we have a number of socialist redistribution schemes going on concurrent with whatever is going on with Capitalism. But there is another aspect here. The more government spends the more it borrows. And who is it borrowing from ? I’m sure you know that answer. You believe the problem is greedy Capitalists, but if we didn’t have Big Government we wouldn’t have to borrow. Borrowing causes inflation which is a hidden tax. Now we borrow from both the f e d and from China. Why would our government do that ? Trump is trying to fix things like trade deficit with China snd other countries. But some people have only criticism for him.



posted on Jan, 19 2020 @ 10:19 PM
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a reply to: ThirdEyeofHorus

Mate the bankers are going to have their pound of flesh, socialism, capitalism, or any other form of ism we care to choose.

Trump's not trying to fix anything other than for the rich twats he's in power to facilitate.

Some people can see the man for what he is, hence the criticism in spades.



posted on Jan, 20 2020 @ 03:09 AM
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originally posted by: dfnj2015

I want to vote for Trump but there is just no reason to.


That is in the same league as Nancy Pelosi's "This is a somber moment" b. s.

Nice hit 'n run, by the way.

Come back and answer some questions why don't you?



posted on Jan, 20 2020 @ 08:56 AM
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originally posted by: andy06shake

Trump's not trying to fix anything other than for the rich twats he's in power to facilitate.


Most of the wage increase has gone to the bottom 40%. Try again.



posted on Jan, 20 2020 @ 09:04 AM
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a reply to: OccamsRazor04

Table scraps for the plebs, you're easily pleased. LoL

The price of just about everything else also increased, including the cost of living.

Like i said give with one hand and take with the other.

End of the day poor people are still poor, so nothing new on that score.



posted on Jan, 20 2020 @ 09:23 AM
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originally posted by: andy06shake
a reply to: OccamsRazor04

Table scraps for the plebs, you're easily pleased. LoL


You got caught lying and consider MOST of the wage growth as being table scraps. Hilarious. You guys are so far gone.



posted on Jan, 20 2020 @ 09:27 AM
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a reply to: OccamsRazor04

Naw mate its Trump that got caught talking mince, hence the impeachment trial.

Your poor people are still poor and most of the increase in wage was down to Obamas administration.

Any luck its Trump that will be so far gone, soon enough, then again Vascular Dementia is no joke.




posted on Jan, 20 2020 @ 09:42 AM
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originally posted by: andy06shake

Your poor people are still poor and most of the increase in wage was down to Obamas administration.

More lies. All the gains came from Trump. Obama has the worst financial recovery in US history, and his last 2 years saw stagnant wage growth. The "poor" burger flippers and Target cashiers make as much money as college educated nurses do in the UK. Let that sink in. High school dropouts can flip a burger or work a register and make what college educated people in the UK make. All because of Trump's economic boom.

We have record wage growth under Trump, despite Obama doing nothing for the economy for 8 years. You can go look at historical recession recoveries, Obama's is the worst ever, by a large margin.


Latest index
The national average wage index for 2018 is 52,145.80. The index is 3.62 percent higher than the index for 2017.
NWI
2015 48,098.63
2016 48,642.15
2017 50,321.89
2018 52,145.80

www.ssa.gov...

We had stagnant wage growth of $550 in 2015 and $680 in 2016, Obama's last 2 years.
We had record wage growth of $1700 in 2017 and $1800 in 2018, Trump's first 2 years.

MOST of the record growth went to the bottom 40%.

Workers at the lower end of the pay scale finally are getting the most benefit from rising wages
For the first time during the recovery, lower-end earners are getting more of the benefit, according to a Goldman Sachs report.

I love how you want to credit Obama for something that never happened under his administration, and is only happening under Trump. Stop lying.
www.cnbc.com...
edit on 20-1-2020 by OccamsRazor04 because: (no reason given)



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