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mudslinger47
Joined: 27 Apr 2010
Posts: 10604
Location: Central Coast of Ca
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 Posted: Fri Jun 01, 2018 3:55 pm Post subject: Economy.... |
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Is freakin out of sight!!!!! How impressive is that? NYT says they have run out of words to praise the employment numbers!!!! Best numbers since 1960's, and Black unemployment under 6%, phenomenal!!!! Consumer confidence all time high and rising!!!! The US is exporting more oil then ever before!!!Small business on a rampage up!!!! Everything is just freakin' killing it... how awesome for America!!!!
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STRNGRTHANDIRT
Joined: 13 Jan 2006
Posts: 2103
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| Posted: Fri Jun 01, 2018 7:23 pm Post subject: |
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When the dems take back the house and possibly the senate this fall, they are already promising to undo the tax plan and raise taxes. Then they will begin impeachment proceedings that will stifle any other of Trump's agenda. I guess we will see what happens with the economy after that and I'm afraid it's not going to be good.  |
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mudslinger47
Joined: 27 Apr 2010
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Location: Central Coast of Ca
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| Posted: Fri Jun 01, 2018 8:24 pm Post subject: |
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| STRNGRTHANDIRT wrote: | | When the dems take back the house and possibly the senate this fall, they are already promising to undo the tax plan and raise taxes. Then they will begin impeachment proceedings that will stifle any other of Trump's agenda. I guess we will see what happens with the economy after that and I'm afraid it's not going to be good. |
I take it this is a joke, cause the democrats have zero chance of that happening, they had a 15 point advantage in the generic ballot, that's gone and the Republicans have a 7 point advantage.... that's a 22 point swing, if your counting...
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NeverTrustAMidget
Joined: 06 Oct 2007
Posts: 13575
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| Posted: Sat Jun 02, 2018 6:48 am Post subject: |
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| mudslinger47 wrote: | | STRNGRTHANDIRT wrote: | | When the dems take back the house and possibly the senate this fall, they are already promising to undo the tax plan and raise taxes. Then they will begin impeachment proceedings that will stifle any other of Trump's agenda. I guess we will see what happens with the economy after that and I'm afraid it's not going to be good. |
I take it this is a joke, cause the democrats have zero chance of that happening, they had a 15 point advantage in the generic ballot, that's gone and the Republicans have a 7 point advantage.... that's a 22 point swing, if your counting... |
It was only 6 points last week, so the pro GOP momentum is still in effect.
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STRNGRTHANDIRT
Joined: 13 Jan 2006
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| Posted: Sat Jun 02, 2018 7:40 am Post subject: |
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Some parts of the economy might be thriving right now but with gas prices rising almost daily, that tax cut some people got is now going in the gas tank. The stock market is a roller coaster so 401k's and IRA's are losing money. What's going to happen when taxes go back up, will these companies start laying people off and resume sending jobs overseas? With a lot of people favoring socialism (especially millennials), I believe the future of the country we once knew is in question.  |
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mudslinger47
Joined: 27 Apr 2010
Posts: 10604
Location: Central Coast of Ca
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| Posted: Sat Jun 02, 2018 11:01 am Post subject: |
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| STRNGRTHANDIRT wrote: | | Some parts of the economy might be thriving right now but with gas prices rising almost daily, that tax cut some people got is now going in the gas tank. The stock market is a roller coaster so 401k's and IRA's are losing money. What's going to happen when taxes go back up, will these companies start laying people off and resume sending jobs overseas? With a lot of people favoring socialism (especially millennials), I believe the future of the country we once knew is in question. |
Gas prices have nothing to do with the President, that's a market force and I assure you my, and everyone else's 401's are doing just fine... look where we were two years ago.. and get back to me …. The NYT is not Trump fan and even they give him credit for this up tic … fluctuations each day are market force and fairly normal...
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NeverTrustAMidget
Joined: 06 Oct 2007
Posts: 13575
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| Posted: Sat Jun 02, 2018 11:07 am Post subject: |
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| STRNGRTHANDIRT wrote: | | Some parts of the economy might be thriving right now but with gas prices rising almost daily, that tax cut some people got is now going in the gas tank. The stock market is a roller coaster so 401k's and IRA's are losing money. What's going to happen when taxes go back up, will these companies start laying people off and resume sending jobs overseas? With a lot of people favoring socialism (especially millennials), I believe the future of the country we once knew is in question. |
OPEC and Russia decreased their production 1.8m barrels a day. But US production has increased and crude prices dropped for the 2nd straight week to $65.81 a barrel. Crude prices rose by over $25 in Obama's final year in office. Then another $10 in the 16 month Trump has been in office.
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Last edited by NeverTrustAMidget on Sat Jun 02, 2018 3:00 pm; edited 1 time in total |
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STRNGRTHANDIRT
Joined: 13 Jan 2006
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| Posted: Sat Jun 02, 2018 2:49 pm Post subject: |
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Everybody blamed Bush & Obama for higher gas prices so now it's Trump's turn. Pretty sure some of the people on here blamed them. If your 401k's & IRA's are doing good, that's great. With the everyday ups and downs of the markets, most peoples aren't. Seems just when the markets are starting to rebound, Trump says or does something to make it tank again. Hopefully, they will work something out with this tariff nonsense or it will mean more money out of everyone's pocket, pretty much nullifying the so called "tax cut".  |
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mudslinger47
Joined: 27 Apr 2010
Posts: 10604
Location: Central Coast of Ca
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| Posted: Sat Jun 02, 2018 4:28 pm Post subject: |
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| STRNGRTHANDIRT wrote: | | Everybody blamed Bush & Obama for higher gas prices so now it's Trump's turn. Pretty sure some of the people on here blamed them. If your 401k's & IRA's are doing good, that's great. With the everyday ups and downs of the markets, most peoples aren't. Seems just when the markets are starting to rebound, Trump says or does something to make it tank again. Hopefully, they will work something out with this tariff nonsense or it will mean more money out of everyone's pocket, pretty much nullifying the so called "tax cut". |
Not everybody, cause I didn't....
If you've had your 401 for a while, its up, way up... if you watch it, the market is fairly flat... steady climb to 26+ and settled in around 25... look where it started.... we are up almost 9000 points in two years, don't tell me your 401 did grow....
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwiw7-b-9bXbAhXqhlQKHW2JCxEQFggpMAA&url=https%3A%2F%2Fwww.statista.com%2Fstatistics%2F261690%2Fmonthly-performance-of-djia-index%2F&usg=AOvVaw1apA0sLOb6Mj_vhcF5xYTe
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PsychoTrack
Joined: 26 Apr 2009
Posts: 11967
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| Posted: Sun Jun 03, 2018 12:36 am Post subject: |
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You gotta be kidding, crapslinger. Did you even read and understand your own link?
And the investigations continue,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
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mudslinger47
Joined: 27 Apr 2010
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Location: Central Coast of Ca
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| Posted: Sun Jun 03, 2018 1:32 am Post subject: |
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| PsychoTrack wrote: | You gotta be kidding, crapslinger. Did you even read and understand your own link?
And the investigations continue,,,,,,,,,,,,,,,,,,,,,,,,,,,,, |
Yes, over the last two years were up roughly 6000.... I know math sucks you little girls.....
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PsychoTrack
Joined: 26 Apr 2009
Posts: 11967
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| Posted: Mon Jun 04, 2018 3:28 am Post subject: |
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The upward trajectory of all of the economics remains the same as it was during the Obama Presidency. What has the lil' dondon done to change that trajectory a single iota? Nothing. He has not changed the trajectory by anything at all. If he had there would be something that could be identified as a reason for an increase in our continuing recovery from the total crash of 2008. There has been no change in that trajectory other than the near market crash in the last few months. Confidence in the markets are growing weaker, not stronger. You can lie to yourselves all you like but any even casual observation of the trends in the American economy since 2009 and the Economic Recovery Act of 2009 indicate points positive for a more prosperous national economy for us. But some of you can simply lie and obfuscate while the truly attentive amongst us have actual facts to back up our observations. Carry on.
And the investigations continue,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
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JamieHall
Joined: 11 Dec 2005
Posts: 4453
Location: Nashville, TN
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| Posted: Mon Jun 04, 2018 9:05 am Post subject: |
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| Any of the Trump folks want to share the "real" unemployment that you've said matters most? I'm curious. |
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mudslinger47
Joined: 27 Apr 2010
Posts: 10604
Location: Central Coast of Ca
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| Posted: Mon Jun 04, 2018 9:29 pm Post subject: |
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| JamieHall wrote: | | Any of the Trump folks want to share the "real" unemployment that you've said matters most? I'm curious. |
Honestly, I don't know haw to figure it, but what ever it is, its far lower then it was under the past administration.... right now its said to be 7.6, which includes un-employed as well as under-employed and disgruntled... how the heck they know that I'll never know.... the real number as figured by the standard is 3.8... regardless of who is president, I'd like the numbers straight up, just easier to figure and undersand...
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NeverTrustAMidget
Joined: 06 Oct 2007
Posts: 13575
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| Posted: Mon Jun 04, 2018 10:31 pm Post subject: |
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Anyone remember how in back to back years Obama blamed the weather when economic growth stalled in 1st quarter
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