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Economics Discuss The Dow just hit an all-time high, as the GOP tax plan fuels economic optimism at the Political Forums; Originally Posted by Bat I'm not an economist but by nature and profession I am an analyst. In a way, ... |
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Nonetheless Obama found a way to make the recovery the worst since the Great Depression by exploding the debt and with an open hostility towards any kind of fiscal management. In addition to record welfare costs, Obama promoted stagnant economic growth as the new normal. Free market economies are in a constant state of change thanks to capital reallocation. As we have seen with Trump's rolling back regulations and welcoming businesses, government meddling in the economy is far more likely to make things worse than help. Obama expanded government control over businesses. Trump reduced it. The difference in results tells the story. ![]()
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The tax reform and repatriation of monies/investment are and will continue to better our economy. And yes, it was driven by President Trump. Congress did have to act on it. If he was dealing with a democrat controlled congress we probably wouldn't be seeing the positive activity and results. |
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![]() You mean to tell me a community organizer didn't produce a good economy?
Who woulda thought?!?!?! ![]()
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For the entire year? No. Gross domestic product (GDP), the total value of goods and services produced in the U.S., never rose 3 percent annually under Obama, although there were eight separate quarters where GDP grew by more than 3 percent.http://checkyourfact.com/2017/08/31/...3-under-obama/ So what's Trump's growth for his first year? Hint: Not 3%. ![]()
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“Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.” ~Abraham Lincoln |
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1st quarter 2017 - 0.7% 2nd quarter 2017 - 3.0% 3rd quarter 2017 - 3.2% 4th quarter 2017 - 3.98% expected; Numbers not in yet.
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"You get the respect that you give" - cnredd |
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![]() Market has been hitting all time highs for several years now. I'm glad the partisan right wing is finally taking notice, even if it because they think they can take credit.
Funny how Yall stooped claiming the unemployment numbers were fake once your guy was in charge tho. |
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During the Obama admin, the stock market rise was due mainly to Quantitative Easing (QE and QE2) where the Federal Reserve simply printed money and injected it into the market (bought up stock to keep companies afloat). The funny thing is, the Democrats scream and cry the the Republicans are in the pockets of big business but it was the Democrats that implemented the policy that printed money and handed it to Wall Street. The Republicans are rolling back regulations and cutting taxes on EVERYONE and allowing the economy to grow on it's own. Who is in who's pocket here?
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To argue with a person who has renounced the use of reason is like administering medicine to the dead - Thomas Paine A lie doesn't become truth, a wrong doesn't become right, and Evil doesn't become good, just because it is accepted by the majority. - Booker T Washington |
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alltime, dow, economic, fuels, gop, high, hit, just, optimism, plan, tax, the |
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