US consumer confidence rises to 18-year high

reality shows this to be bullshit.

 

why do conservatives suck at basic civics? VETO power.

 

>$1.5 trillion through tax cuts without spending cuts. That's a $1.5 trillion stimulus. Of course, the economy will respond, as it did in 2008 with the stimulus after the great recession.

 

Trump's farm subsidies are not congressionally approved. But its not really partisanship. It's true that Trump surrendered on the debt, but its not like Bernie is a deficit hawk. LOL. But Trumps run them out of the GOP, that's not debateable.

But the more interesting thing is "rules" that we supposedly learned from 1960-2000, or most of our adult lives, don't appear to be rules anymore. And this isn't debt stuff. We don't know and cannot know what will happen when debt goes 150% or more over gnp.

BUT there's no wage push inflation. Back in the 60s and 70s we'd have to raise rates when employment got full and wages started up. They aren't going up. Profits are outta sight, and the stock market appears to be hitting another bull market at least till Dec. The Fed wants 2% inflation but we're not there yet. Under the "rules" full employment run away spending and tax cuts would be like shooting artillery at the fed. Now its a snooze fest, despite Trump's need to be the bellicose bully, which will not have any actual effect on the Fed.

Crude oil is near $70 a barrel ... no problem.

 

I tend to agree, but I do blame the debt on Bush and his two 10+ year wars, and his huge tax cuts for the rich, which of course Trump doubled down on, so debt will be rising even faster now

 

I expected this to happen, consumer confidence rises just behind the stock market-and the stock market has hit record levels recently.

Trump has been instrumental in this, and Americans can feel it.

 

Oh the tax cuts are fueling it, no doubt. And investors and consumers are shrugging off "fears" about tariffs, because in reality the tariffs outside of Jina aren't really an issue, and even then, biz can find seamstresses and such in other Asian places. It hurts the farmers, but 10-15 billion is "peanuts" to the overall economy.

If you're a mainstreet republican it's a good time. If my 401k only gives up 30% in the next bear market, its sweet for me. We should see the dow rise till at least Dec.

 

I have a feeling this is going to be an epic holiday season.

Democrats called those tax cuts "crumbs" but here we are.

 

Good to see you still have nothing to contribute to the discussion. (It says "banned" under your screen name, why are you even still allowed to post?)

 

because I'm not banned, obviously.

And I posted numerous charts showing your claim was bullshit, which you obviously ignored.

 

All this economic growth and slowing of the growth in Federal Debt has you long faced? Be Happy For The American People!

 

They never get tired of losing.

 

Right??

 

Trump must have waved his magic wand.

 

Why do you righties keep talking about him if that is the case.

 

You may want to check the facts before insulting other poosters. https://www.businessinsider.com/consumer-confidence-umich-october-2017-10

 

Because Obama is such a great example of what a President should not be..

 

Yea, but Trump is one that your kids should emulate.

 

Because the far lefties here like to try to give Obama credit for every one of Trump's successes (while simultaneously blaming everything from Bush to faux "racism" for every one of Obama's failures.)

If the alt-left is going to keep jumping into every one of these threads trying to steal credit for Obama, something tells me they're going to keep getting corrected.

Trust me, we all wish we could forget Obama, it's not just the "righties"!

 

Facts show me to be correct, actually. Sorry if that upsets you?

 

Or is it that righties try to give Trump full credit for things he probably shouldn't.

Quit talking about him and you can, it's sad that righties hate the fact that a black man was elected POTUS (twice) so you elect a racist[sorry I meant right winger) to try and erase him off the books.

 

Exactly! You think Trump's children aren't doing well?

 

Look at you, playing your race card. You forget I actually voted for your loser messiah Obama his first time around.

Trump was elected in part to erase Obama's so-called "legacy", but it had nothing to do with race.

But you know all of this, you just like trolling, right?

 

LOL, so you want your children to emulate Pres. Trump.

 

Ah the Good ole Race Card excuse. I voted for Bush 43 once whoop dee do.

That's the lie that is being told.

I know you are the one who is trolling and rolling out some BS.