"No, the economy didn't suddenly get strong under Donald Trump"

Discussion in 'Current Events' started by archives, Feb 18, 2020.

  1. struth

    struth Well-Known Member

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    His first, the third of a dem Congres, we were. He and the dems pushed through their agenda and policies and the UE continued to rise
     
  2. StillBlue

    StillBlue Well-Known Member

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    All that gives is a bunch of right wing opinion pieces from two years ago saying great job trump. The liberal sites say it's neutral,Obama stabilized it and Trump hasn't screwed it up yet.
     
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  3. StillBlue

    StillBlue Well-Known Member

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  4. struth

    struth Well-Known Member

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  5. bx4

    bx4 Well-Known Member

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    Can you point to a single economic indicator whose trend line changed significantly after Trump became president?
     
  6. Gatewood

    Gatewood Well-Known Member

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    Sigh, employment figures and the roaring stock market for two.
     
  7. bx4

    bx4 Well-Known Member

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    Unemployment has been on the same downward trend since 2010. No significant change under Trump.

    [​IMG]

    The stock market has been on the same upward trend (with a few blips here and there, but generally same trend) since 2010.
    https://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

    The best year for the stock market under Obama (+26.50%) is better than the best year under Trump (+25.08%). The worst year for the stock market under Trump (-5.63%) is already WORSE than the worst year under Obama(-2.23%).

    So no, employment and the stock market are not doing better under Trump than under Obama. The trends are continuations of what started in 2010.
     
    Last edited: Feb 24, 2020
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  8. grapeape

    grapeape Well-Known Member Past Donor

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    Ummmm. NO

    Thats the textbook definition of a stimulus!

    You aren’t serious right ?

    You know that the lions share of Obamas stimulus was tax breaks right ?
     
  9. grapeape

    grapeape Well-Known Member Past Donor

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  10. Thehumankind

    Thehumankind Well-Known Member

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    I could say it's Obama's and Trumps effort why the economy improves from it's slump state before and of course also the efforts of the people behind their policies that supported them, as always it's a concerted undertakings.
     
  11. TheImmortal

    TheImmortal Well-Known Member

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  12. grapeape

    grapeape Well-Known Member Past Donor

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  13. TOG 6

    TOG 6 Well-Known Member

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    And so, you agree:
    The recent stock tumble is The Obama's fault.
     
  14. TheImmortal

    TheImmortal Well-Known Member

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    That’s not tax cuts. Read it again. They are tax CREDITS:

    Tax incentives – includes $15 B for Infrastructure and Science, $61 B for Protecting the Vulnerable, $25 B for Education and Training and $22 B for Energy, so total funds are $126 B for Infrastructure and Science, $142 B for Protecting the Vulnerable, $78 B for Education and Training, and $65 B for Energy.

    Whatever the hell “protecting the vulnerable” means
     
    Last edited: Feb 27, 2020
  15. XploreR

    XploreR Well-Known Member

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    Thank you for your research & for sharing. :)
     

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