Economy is roaring

[Anonymous]

Anonymous wrote:If the sole criteria is the economy, Trump wins by a mile.

Heck, I'd consider voting for him ......... though I dislike him. Now there are millions of voters who dislike Trump as a person but will give him full credit for the fantastic economy.

Look, just because they are telling you the crowds were the biggest ever, does not mean the crowds were the biggest ever. Same with the economy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And we see more record highs in the markets today, the day that Trump is being impeached ......... I guess the market knows that Trump will remain president and is probably anticipating his reelection.

You are measuring the economy on the stock market?

NP. The two are related, ya know. Just accept it, Trump has little to do with the economy.

[Anonymous]

Anonymous wrote:If the sole criteria is the economy, Trump wins by a mile.

Heck, I'd consider voting for him ......... though I dislike him. Now there are millions of voters who dislike Trump as a person but will give him full credit for the fantastic economy.

I shudder to think where the stock market or unemployment rate would be if Elizabeth Warren or Bernie Sanders were elected president.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And we see more record highs in the markets today, the day that Trump is being impeached ......... I guess the market knows that Trump will remain president and is probably anticipating his reelection.

You are measuring the economy on the stock market?

NP. The two are related, ya know. Just accept it, Trump has little to do with the economy.

This is liberal thinking:

Economy is roaring “that’s the result of the previous dem president!”
Economy tanks “that’s the result of the past republican president!”

As Trump as said “They are not after me, they are after you. I am just in the way”. VERY true

[Anonymous]

Anonymous wrote:

Anonymous wrote:If the sole criteria is the economy, Trump wins by a mile.

Heck, I'd consider voting for him ......... though I dislike him. Now there are millions of voters who dislike Trump as a person but will give him full credit for the fantastic economy.

I shudder to think where the stock market or unemployment rate would be if Elizabeth Warren or Bernie Sanders were elected president.

You might get a chance! Find yourself a good money manager who knows how to plan for this eventuality. There is money to be made in failure too.

[Anonymous]

Good grief, that is a horrifying statement.

Can you not tell the difference between the financial collapse of 2008, which is directly attributable to W. and his policies and tax cuts and the 7 years of foundational stability provided by the Obama administration?

[Anonymous]

It's funny how the Republicans will double down or pull down on the economy because that's basically the only thing they have as justification that Trump is doing a good job.

Never mind that he has almost nothing to do with the economy, and his meddling with tariffs has done more harm than good especially to farmers

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If the sole criteria is the economy, Trump wins by a mile.

Heck, I'd consider voting for him ......... though I dislike him. Now there are millions of voters who dislike Trump as a person but will give him full credit for the fantastic economy.

I shudder to think where the stock market or unemployment rate would be if Elizabeth Warren or Bernie Sanders were elected president.

You might get a chance! Find yourself a good money manager who knows how to plan for this eventuality. There is money to be made in failure too.

As we all know from the futures traders who have made billions during Trump’s administration several times when the market dove after some controversial Trump remarks or actions. Almost as if they got wind of the statements beforehand.

https://www.marketwatch.com/story/hanky-panky-traders-pocket-stunning-profits-after-trumps-comments-on-trade-talks-goose-the-stock-market-2019-10-17

[Anonymous]

2% annual growth! Woohoo.

(Trump promised 5 and “maybe higher than that”)

[Anonymous]

There's a long list of guilty parties for 2008's meltdown incl. "W" but remember Gramm-Leach-Bliley and other deregulation like the that one that exempted credit-default swaps? Clinton.

[Anonymous]

Anonymous wrote:2% annual growth! Woohoo.

(Trump promised 5 and “maybe higher than that”)

2% growth after a massive tax cut and massive deficit spending (annual deficit of $1 Trillion). We have been applying an unprecedented amount of fiscal stimulus to an economy that was not working in a recession and the best we have accomplished is 2% growth, a recession in the manufacturing sector and widespread pain for agriculture. The corporate tax cuts have enabled companies to buy back record amounts of their own stock which has kept the stock market roaring but investment spending (capital expenditures on equipment) has been anemic which doesn’t bode well for our future growth prospects. We are also likely to sign a bunch of terrible “deals” with the Chinese and other trading partners in the run up to November 2020

[Anonymous]

Anonymous wrote:

Anonymous wrote:2% annual growth! Woohoo.

(Trump promised 5 and “maybe higher than that”)

2% growth after a massive tax cut and massive deficit spending (annual deficit of $1 Trillion). We have been applying an unprecedented amount of fiscal stimulus to an economy that was not in a recession and the best we have accomplished is 2% growth, a recession in the manufacturing sector and widespread pain for agriculture. The corporate tax cuts have enabled companies to buy back record amounts of their own stock which has kept the stock market roaring but investment spending (capital expenditures on equipment) has been anemic which doesn’t bode well for our future growth prospects. We are also likely to sign a bunch of terrible “deals” with the Chinese and other trading partners in the run up to November 2020

Sorry just corrected my post

[Anonymous]

Anonymous wrote:

Anonymous wrote:2% annual growth! Woohoo.

(Trump promised 5 and “maybe higher than that”)

2% growth after a massive tax cut and massive deficit spending (annual deficit of $1 Trillion). We have been applying an unprecedented amount of fiscal stimulus to an economy that was not in a recession and the best we have accomplished is 2% growth, a recession in the manufacturing sector and widespread pain for agriculture. The corporate tax cuts have enabled companies to buy back record amounts of their own stock which has kept the stock market roaring but investment spending (capital expenditures on equipment) has been anemic which doesn’t bode well for our future growth prospects. We are also likely to sign a bunch of terrible “deals” with the Chinese and other trading partners in the run up to November 2020

But but but....Uncle Bobby's 401k is killing it!

[Anonymous]

my college educated husband just got laid off. my salary has been stagnant for the past 4 years. we are upper middle soon to be low. husband made 120k, I make 55K. he has been looking for 6 months and not one single interview. our expenses are going up, healthcare and other insurance. I miss the Clinton years.

[Anonymous]

Anonymous wrote:my college educated husband just got laid off. my salary has been stagnant for the past 4 years. we are upper middle soon to be low. husband made 120k, I make 55K. he has been looking for 6 months and not one single interview. our expenses are going up, healthcare and other insurance. I miss the Clinton years.

175K combined salary is not "upper middle" for the DC area.

That said, sorry to hear about your woahs. Praying we don't end up in your boat and praying things turn around for you.