Economy is roaring

[Anonymous]

My family is doing better than we ever have. This economy is hot. Those who disagree are ignoring facts.

[Anonymous]

Anonymous wrote:I make more than I have since 2005. The most I made before this year was in 2005 and I bought a good place at a decent price in Arlington. It was small but big enough for me plus one. Had a dog, awesome new car and things were good. fast forward to the Obama administration - married, bought a house and lost money is stocks, bad economy hurt my bottom line, funding fell through on projects, business was bad as investment firms weren't moving money around...it was garbage.

Now, I'm divorced, the property I bought in Arlington before (which I sold when I was married, stupid stupid mistake) is now almost out of my price range but I'm making more than I ever have. Two things screwed me that I'm not starting to finally recover from, the Obama economy and getting married and subsequently divorced.

Nasty custody battle cost me tens of thousands of dollars and ruined me, but thanks to the economy I'm starting to make it back. While I am still rebuilding if the economy was the same as it was 2008-2016 I wouldn't have the ability to do what I have been doing now. I will vote for Trump, many people will. The economy is one of the main reasons for this. Plus, you think people aren't seeing what's going on? Go to Tik Tok and see all of the young people there who are Trump supporters. And I'm talking tons of POC...I was frankly surprised.

He'll win again no doubt, the when he does I expect the economy to stabilize. We might see a slight correction but it won't be as drastic as the "summer of recovery" Biden promised us that we never got. The trade deals he'll make will be good for all Americans, and those who are into investing in those markets - they'll make a killing.

The "Obama Economy" was growing. Maybe you are confusing it with the 2008 economic collapse, which was on Bush's watch.

[Anonymous]

I have yet to meet a single person who says that s/he is worse off than when Trump was elected. i have met the occasional person who says that there has not been any material change from 3 years ago.

The Democrats love to knock this economy and the stock market gains because they know full well, things have been going incredibly well. It literally burns up these liberals that Trump's policies have worked out as well as they have.

[Anonymous]

Anonymous wrote:I have yet to meet a single person who says that s/he is worse off than when Trump was elected. i have met the occasional person who says that there has not been any material change from 3 years ago.

The Democrats love to knock this economy and the stock market gains because they know full well, things have been going incredibly well. It literally burns up these liberals that Trump's policies have worked out as well as they have.

+1. This country (and my 401k) is as prosperous as it’s ever been. All thanks to MAGA- why would you mess with that?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, there are two parties, but the lenders are supposed to be the responsible ones. That didn't happen once the shackles were off, all that pesky regulation and all.

My understanding is the Carter took the shackles off housing lending and it was under Obama that sub-prine mortgages started taking off.
Add in the liberals philosophy that everyone is entitled (Acorn and the like) you get the housing crisis that just happen to occur under Bush

Your understanding is incorrect. The housing market began to slump and burn around 2006. Obama was not sworn into office until 2009. But it's cool to blame Obama for everything wrong with the economy, even when people barely knew his name and he was an underdog in a primary race against HC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have yet to meet a single person who says that s/he is worse off than when Trump was elected. i have met the occasional person who says that there has not been any material change from 3 years ago.

The Democrats love to knock this economy and the stock market gains because they know full well, things have been going incredibly well. It literally burns up these liberals that Trump's policies have worked out as well as they have.

+1. This country (and my 401k) is as prosperous as it’s ever been. All thanks to MAGA- why would you mess with that?

Less than half of this country has a 401K or a stock portfolio. The stock market is not the economy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have yet to meet a single person who says that s/he is worse off than when Trump was elected. i have met the occasional person who says that there has not been any material change from 3 years ago.

The Democrats love to knock this economy and the stock market gains because they know full well, things have been going incredibly well. It literally burns up these liberals that Trump's policies have worked out as well as they have.

+1. This country (and my 401k) is as prosperous as it’s ever been. All thanks to MAGA- why would you mess with that?

Less than half of this country has a 401K or a stock portfolio. The stock market is not the economy.

About 55% of Americans have an equity stake in the markets but more to the point, they are doing a lot better economically, consumer confidence is high, people are optimistic about the economy and minority unemployment has reached some of the lowest levels in history.

The Trump economy is working and will likely result in him winning reelection.

[Anonymous]

^^too true. But isn’t it fun to hear the liberals claim trump economic policy is a failure/racist/nationalist (honestly pick any two). What absolute leftist rubes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have yet to meet a single person who says that s/he is worse off than when Trump was elected. i have met the occasional person who says that there has not been any material change from 3 years ago.

The Democrats love to knock this economy and the stock market gains because they know full well, things have been going incredibly well. It literally burns up these liberals that Trump's policies have worked out as well as they have.

+1. This country (and my 401k) is as prosperous as it’s ever been. All thanks to MAGA- why would you mess with that?

Less than half of this country has a 401K or a stock portfolio. The stock market is not the economy.

About 55% of Americans have an equity stake in the markets but more to the point, they are doing a lot better economically, consumer confidence is high, people are optimistic about the economy and minority unemployment has reached some of the lowest levels in history.

The Trump economy is working and will likely result in him winning reelection.

+100 Economy is doing well, he will get reelected as long as we don't get into a land war!

[Anonymous]

And how much more federal debt do each of us have?

[Anonymous]

Anonymous wrote:And how much more federal debt do each of us have?

Did you ask that same question during the Obama presidency when the national debt went up by $10 trillion?

[Anonymous]

Anonymous wrote:

Anonymous wrote:And how much more federal debt do each of us have?

Did you ask that same question during the Obama presidency when the national debt went up by $10 trillion?

So why is it still growing when the economy is so great? Shouldn’t we be fixing the roof while the sun is shining?

[Anonymous]

Money isn’t everything. Morality in leadership matters to me more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yes, there are two parties, but the lenders are supposed to be the responsible ones. That didn't happen once the shackles were off, all that pesky regulation and all.

My understanding is the Carter took the shackles off housing lending and it was under Obama that sub-prine mortgages started taking off.
Add in the liberals philosophy that everyone is entitled (Acorn and the like) you get the housing crisis that just happen to occur under Bush

Your understanding is incorrect. The housing market began to slump and burn around 2006. Obama was not sworn into office until 2009. But it's cool to blame Obama for everything wrong with the economy, even when people barely knew his name and he was an underdog in a primary race against HC.

The push for subprime loans began in the late 1990's with Fannie Mae eased underwriting requirements on loans it would buy from banks. This was done in response to a political agenda to increase home ownership. It happened during the Clinton era, but it is important to note that both parties viewed increased home ownership as a social good that would help improve blighted neighborhoods, move people out of public housing, etc.

It was almost inevitable that the low credit standards subprime chicken would come home to roost, which happened in the latter part of Bush's presidency. But again, both Democrats and Republicans were a party to the root causes and it is foolish to assign blame to one or the other. Plenty of blame for all to share.

The road to hell is paved with good intentions.

[Anonymous]

And the stock market is spooked by Trump’s war.

The United States and Iran exchanged escalating military threats on Friday as President Trump warned that he was “prepared to take whatever action is necessary” if Iran threatened Americans and Iran’s supreme leader, Ayatollah Ali Khamenei, vowed to exact vengeance for the killing on Mr. Trump’s order of Iran’s most valued general.

Although the president insisted that he took the action to avoid a war with Iran, the continuing threats further rattled foreign capitals, global markets and Capitol Hill, where Democrats demanded more information about the strike and Mr. Trump’s grounds for taking such a provocative move without consulting Congress.