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The Trump Economy


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#41 Nanker

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Posted 01 February 2017 - 11:32 AM

Obama was a disaster as President, an abject disaster.



#42 Tiberius

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Posted 01 February 2017 - 11:33 AM

Obama was a disaster as President, an abject disaster.

In the minds of idiots, yes. To those that actually know something, the economy is doing pretty well. Trump will have a hard time topping it 


Edited by Tiberius, 01 February 2017 - 11:33 AM.


#43 Tiberius

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Posted 01 February 2017 - 12:05 PM

I hope Trump gets blamed for this. And the Dems should blame the trade friction, "We can't import pork now!"  

 

http://www.forbes.co...s/#3cc0edc015f6



#44 Boyst62

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Posted 01 February 2017 - 06:37 PM

 

Obama leaves Trump a growing economy 

 

http://www.cnbc.com/...5k-est-adp.html

 

Private companies kicked off the new year with a hiring spree, according to the latest report from ADP and Moody's Analytics.

Amid an explosive month surrounding President Donald Trump's inauguration and the flurry of activity that followed, firms added 246,000 new workers to their payrolls, the report showed.

That compared to expectations of 165,000 from economists surveyed by Reuters and marked a substantial jump from the downwardly revised 151,000 — initially reported as 153,000 — in December. January also turned in the best single-month performance since June.

 

Some say love, it is a river.

Some say love, it is some good lotion and a Saturday night alone 

 

In the minds of idiots, yes. To those that actually know something, the economy is doing pretty well. Trump will have a hard time topping it 

All jeeps prior to 2010 were made in Toledo except the Jeep FJ when ford made jeeps for military reasons due to Jeep not being abke to keep up production numbers 

 

I hope Trump gets blamed for this. And the Dems should blame the trade friction, "We can't import pork now!"  

 

http://www.forbes.co...s/#3cc0edc015f6

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#45 PastaJoe

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Posted 03 February 2017 - 11:25 AM

The unemployment rate has dropped from an Obama administration high of 10% in 2009 to 4.8% in January 2017.  Thanks President Obama for leaving us in a much better place then when you began.

 

http://money.cnn.com...port/index.html

 

'America added 227,000 jobs in January, well ahead of December's gain of 157,000 jobs. The unemployment rate ticked up a bit to 4.8%. More Americans started looking for work again -- a good sign -- which explains the small increase in unemployment. It's the first jobs report to be released under the Trump administration. However, the Labor Department conducted its jobs survey in the second week of January, when President Obama was in office. The report represents the economy that Trump is now taking over.'

 

When asked in his first press briefing what the unemployment rate was, Sean Spicer wouldn't say.  He said there are a number of factors and numbers that go into the calculation.  So he was asked what did Trump think the unemployment rate was, or what measurable should be used to determine the starting number for the Trump administration.  Again he wouldn't say.  Of course they don't want to commit to a measurable number because if it goes bad they will say whatever number is used is not true.  In business there are always measurables to determine how the business is performing, but the business genius won't commit to any. 



#46 Tiberius

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Posted 03 February 2017 - 11:28 AM

The unemployment rate has dropped from an Obama administration high of 10% in 2009 to 4.8% in January 2017.  Thanks President Obama for leaving us in a much better place then when you began.

 

http://money.cnn.com...port/index.html

 

'America added 227,000 jobs in January, well ahead of December's gain of 157,000 jobs. The unemployment rate ticked up a bit to 4.8%. More Americans started looking for work again -- a good sign -- which explains the small increase in unemployment. It's the first jobs report to be released under the Trump administration. However, the Labor Department conducted its jobs survey in the second week of January, when President Obama was in office. The report represents the economy that Trump is now taking over.'

 

When asked in his first press briefing what the unemployment rate was, Sean Spicer wouldn't say.  He said there are a number of factors and numbers that go into the calculation.  So he was asked what did Trump think the unemployment rate was, or what measurable should be used to determine the starting number for the Trump administration.  Again he wouldn't say.  Of course they don't want to commit to a measurable number because if it goes bad they will say whatever number is used is not true.  In business there are always measurables to determine how the business is performing, but the business genius won't commit to any. 

So we can have a major recession in a few years and Trump and his lap dogs will be saying America is Great again and all these right wingers on here will say it is Great Again, just look at the latest Rasmussen poll which says 85% of Americans approve of Trump, duh 



#47 GG

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Posted 03 February 2017 - 01:19 PM

The unemployment rate has dropped from an Obama administration high of 10% in 2009 to 4.8% in January 2017.  Thanks President Obama for leaving us in a much better place then when you began.

 

http://money.cnn.com...port/index.html

 

'America added 227,000 jobs in January, well ahead of December's gain of 157,000 jobs. The unemployment rate ticked up a bit to 4.8%. More Americans started looking for work again -- a good sign -- which explains the small increase in unemployment. It's the first jobs report to be released under the Trump administration. However, the Labor Department conducted its jobs survey in the second week of January, when President Obama was in office. The report represents the economy that Trump is now taking over.'

 

When asked in his first press briefing what the unemployment rate was, Sean Spicer wouldn't say.  He said there are a number of factors and numbers that go into the calculation.  So he was asked what did Trump think the unemployment rate was, or what measurable should be used to determine the starting number for the Trump administration.  Again he wouldn't say.  Of course they don't want to commit to a measurable number because if it goes bad they will say whatever number is used is not true.  In business there are always measurables to determine how the business is performing, but the business genius won't commit to any. 

 

Is there a reason you posted this in a Trump Economy thread?

 

Was it because of this rationale:

 

Still, the jobless rate—or the share of Americans in the labor force who are unemployed—rose to 4.8% from 4.7% a month earlier. More Americans came off the sidelines and actively looked for work. That helped to raise the count of unemployed but it could be a sign of increased optimism about the prospect of finding jobs.

 



#48 Tiberius

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Posted 03 February 2017 - 01:41 PM

Dodd-Frank looks like it is history. What could go wrong??



#49 PastaJoe

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Posted 03 February 2017 - 08:37 PM

 
Is there a reason you posted this in a Trump Economy thread?
 
Was it because of this rationale:


Because if I started an Obama Economy thread it would get deleted.

More people looking for jobs could be the result of seeing that the economy has been improving in the past year to the point that there are more openings, or people fearing that they'll need a 2nd household income to make up for losing their ACA healthcare, or to pay the inflated prices that a tariff war will bring.

#50 meazza

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Posted 03 February 2017 - 08:48 PM

Because if I started an Obama Economy thread it would get deleted.

More people looking for jobs could be the result of seeing that the economy has been improving in the past year to the point that there are more openings, or people fearing that they'll need a 2nd household income to make up for losing their ACA healthcare, or to pay the inflated prices that a tariff war will bring.


This forum is very sparsely moderated. Why would you think a thread would be deleted?

#51 Chef Jim

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Posted 03 February 2017 - 08:48 PM

Because if I started an Obama Economy thread it would get deleted.
.


There already is one ya dummy.

#52 GG

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Posted 03 February 2017 - 08:56 PM

This forum is very sparsely moderated. Why would you think a thread would be deleted?

 

Because he's a special snowflake who's hard of seeing.



#53 grinreaper

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Posted 03 February 2017 - 09:14 PM

Because if I started an Obama Economy thread it would get deleted.

More people looking for jobs could be the result of seeing that the economy has been improving in the past year to the point that there are more openings, or people fearing that they'll need a 2nd household income to make up for losing their ACA healthcare, or to pay the inflated prices that a tariff war will bring.


No, the economy has not been improving over the last year. It's been stagnant. The reason jobs improved (along with the stock market) has been optimism for the future. Your "or people fearing that they'll need a 2nd household income to make up for losing their ACA healthcare, or to pay the inflated prices that a tariff war will bring" is a ridiculous attempt to make partisan hay.

#54 DC Tom

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Posted 03 February 2017 - 09:16 PM

Because if I started an Obama Economy thread it would get deleted.

More people looking for jobs could be the result of seeing that the economy has been improving in the past year to the point that there are more openings, or people fearing that they'll need a 2nd household income to make up for losing their ACA healthcare, or to pay the inflated prices that a tariff war will bring.

 

[This is an automated response.]

 

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Created by DC Tom-bot, beta version 0.61.



#55 Azalin

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Posted 03 February 2017 - 10:14 PM

So far since election day my 401K has grown by 19.8%.

 

:beer:



#56 meazza

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Posted 03 February 2017 - 10:47 PM

So far since election day my 401K has grown by 19.8%.

 

:beer:

 

Sell sell Sell.



#57 Tiberius

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Posted 04 February 2017 - 10:33 AM

So far since election day my 401K has grown by 19.8%.
 
:beer:


How much has it grown since Obama won in 2008?

#58 baskin

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Posted 04 February 2017 - 02:19 PM

Dodd-Frank looks like it is history. What could go wrong??

 

Banking regulations eased in late 90's - Dow at all time high - 10,000

8 years later financial meltdown - Dow craters at 6500 - economy in meltdown

Dodd Frank introduced in 2010 - Dow at 10,000

2017 Dow at all time high of 20,000 - economy humming along

2017 Get rid of Dodd Frank - just add tax cuts for good measure

 

The GOP has literally no idea what to do....



#59 TakeYouToTasker

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Posted 04 February 2017 - 02:32 PM

 

Banking regulations eased in late 90's - Dow at all time high - 10,000

8 years later financial meltdown - Dow craters at 6500 - economy in meltdown

Dodd Frank introduced in 2010 - Dow at 10,000

2017 Dow at all time high of 20,000 - economy humming along

2017 Get rid of Dodd Frank - just add tax cuts for good measure

 

The GOP has literally no idea what to do....

Please explain, in some degree of detail, what Dodd-Frank has to do with the Dow being at 20,000.



#60 GG

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Posted 04 February 2017 - 03:13 PM

Please explain, in some degree of detail, what Dodd-Frank has to do with the Dow being at 20,000.


And for that matter how Dodd Frank would have prevented the securitization meltdown in 2008.