Economy is roaring

[Anonymous]

Anonymous wrote: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.

Eh, not really.

Made a killing on undervalued Permian Basin oil stocks today. It wasn't even a 1% drop today overall.

[Anonymous]

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

U.S. manufacturing hits lowest level since 2009.
https://amp.axios.com/us-manufacturing-index-ism-lowest-great-recession-af6fb388-9cee-4944-8955-6aec166671ea.html?utm_source=twitter&utm_medium=social&utm_campaign=organic&utm_content=1100&__twitter_impression=true

[Anonymous]

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

This.

[Anonymous]

Another phenomenal day for stocks despite all the global tension and predictions of WW3.

Record closes in all the major averages!!

An economy that is on fire helps the stock market ........ no matter what some posters on this forum say.

[Anonymous]

Anonymous wrote:^^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.

Prove to me that anything about the economy is a direct result of a policy advocated by Trump. Go.

Repeating right-wing lies doesn't count. Must have solid factual basis.

[Anonymous]

Once again, the DOW is not "the economy"

[Anonymous]

The Democrats get their advice on the economy and the stock market from the likes of Paul Krugman:

https://www.mediaite.com/news/csi-boomer-paul-krugman-gets-roasted-for-walking-back-his-hacking-claims/

The jackass first claimed that his ip address was hacked. It now appears that he may have fallen for a scam that has been around for years and, if true, the dumba$$ clicked on a link that he should not have.

Krugman was the guy who confidently predicted that the markets would drop 25% if Trump was elected!

[Anonymous]

Anonymous wrote:The Democrats get their advice on the economy and the stock market from the likes of Paul Krugman:

https://www.mediaite.com/news/csi-boomer-paul-krugman-gets-roasted-for-walking-back-his-hacking-claims/

The jackass first claimed that his ip address was hacked. It now appears that he may have fallen for a scam that has been around for years and, if true, the dumba$$ clicked on a link that he should not have.

Krugman was the guy who confidently predicted that the markets would drop 25% if Trump was elected!

Check how much the market rose under democrat presidents Clinton and Obama and how much it was down under the two Bush's.

[Anonymous]

“We need to recruit and retain the greatest talent in the world to help us grow and innovate, but we need to invest in American workers and reach over to the sidelines, draw them into our workforce, and equip them with the skills that they need to thrive, and we can’t just seek to import that,” Mrs. Trump said.

Many of those marginalized Americans include white-collar U.S. workers who have been pushed out of their jobs by H-XB foreign visa workers that they were forced to train as part of their severance agreements. In allegations, such as a 2019 Labor Department claim, American workers have detailed how multinational corporations fired them, forced them to train their H-XB foreign replacements, and left them looking for work outside of their skill set.

The outsourcing practice, permitted by current H-XB visa rules, has been at the expense of mostly older American women and men, U.S. minorities, and college graduates.

[Anonymous]

Anonymous wrote:“We need to recruit and retain the greatest talent in the world to help us grow and innovate, but we need to invest in American workers and reach over to the sidelines, draw them into our workforce, and equip them with the skills that they need to thrive, and we can’t just seek to import that,” Mrs. Trump said.

Many of those marginalized Americans include white-collar U.S. workers who have been pushed out of their jobs by H-XB foreign visa workers that they were forced to train as part of their severance agreements. In allegations, such as a 2019 Labor Department claim, American workers have detailed how multinational corporations fired them, forced them to train their H-XB foreign replacements, and left them looking for work outside of their skill set.

The outsourcing practice, permitted by current H-XB visa rules, has been at the expense of mostly older American women and men, U.S. minorities, and college graduates.

H-Xb isn't the only visa program used to NOT hire American citizens. My 'trainees' were TATA India employees on L-1b 'intra-company transfer' visas.

We learned our trainees were making $3000/month, but $2000 of that was paid as NON-taxable expenses. So their high-tech STEM jobs paid a taxable salary of $12,000/year.

OPT is even worse. Under OPT companies save an immediate 15% since neither the company nor the foreign OPT worker have to pay Social Security or Medicare tax.

Under OPT there are absolutely NO Salary rules and No Quantity limits either. OPT has ballooned recently.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The Democrats get their advice on the economy and the stock market from the likes of Paul Krugman:

https://www.mediaite.com/news/csi-boomer-paul-krugman-gets-roasted-for-walking-back-his-hacking-claims/

The jackass first claimed that his ip address was hacked. It now appears that he may have fallen for a scam that has been around for years and, if true, the dumba$$ clicked on a link that he should not have.

Krugman was the guy who confidently predicted that the markets would drop 25% if Trump was elected!

Check how much the market rose under democrat presidents Clinton and Obama and how much it was down under the two Bush's.

The market and the economy was flat 2014-2016, even threatening another recession.

Trump turbocharged things, and helped generate tens of trillions of new wealth in the process -- more than Clinton, Obama and the two Bushes combined.

Do the math.

[Anonymous]

Job numbers are a disappointment. The manufacturing sector had the worst quarter in years and retail is flailing, but hey, the DOW is roaring because of Trump/GOP sugar high tax cuts.

No one is rooting for it, but there will be a significant pull back at some point in the next 12 months.

[Anonymous]

Is part of the strength of the stock market Trump's complete dismantling of environmental regulations? Because if that's the case then he should get some 'credit'.

[Anonymous]

Anonymous wrote:Job numbers are a disappointment. The manufacturing sector had the worst quarter in years and retail is flailing, but hey, the DOW is roaring because of Trump/GOP sugar high tax cuts.

No one is rooting for it, but there will be a significant pull back at some point in the next 12 months.

I'm rooting for it. It's inevitable. If it's going to happen, may as well happen before the election.

[Anonymous]

Anonymous wrote:

The market and the economy was flat 2014-2016, even threatening another recession.

Trump turbocharged things, and helped generate tens of trillions of new wealth in the process -- more than Clinton, Obama and the two Bushes combined.

Do the math.

The turbocharging comes at a cost, have you calculated it?

The tens of trillions in new wealth....how much of that is going to the middle class? How much of that is being reinvested in R&D at the corporate level? Or, how much of that is simply being horded by the 1%?