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Old 02-19-2018, 01:38 PM
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Default These 5 charts show just how amazing Trump and GOP have been for the economy

Always suspected the country would run better with a successful businessman in charge.

Now we know it's true.

These 5 charts show just how amazing Trump and GOP have been for the economy

[quote]On Nov. 9, 2016, the New York Timesí Paul Krugman, perhaps the leftís most influential writer on economics and health care, despairingly announced to the world just one day after the presidential election that a global recession would likely soon descend upon the world as a result of Donald Trumpís victory.

ďSo we are very probably looking at a global recession, with no end in sight,Ē Krugman wrote. ďI suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing [Trumpís election win] has just happened.Ē

That may go down as one of the worst economic predictions of all time. Since Donald Trump and Republicans seized control of Washington, D.C., the economy has been, by virtually any reasonable measurement, improving dramatically.

For quite some time, Krugman, Democrats and left-wing pundits ignored the clear signs showing improvement. After all, how could anything good result from the conservative policies instituted by President Trump and the Republican-led Congress? But after a while, even the Paul Krugmans of the world realized they had to face reality ó well, at least their version of it.

The left is no longer pretending America isnít experiencing remarkable economic growth. Instead, they are shifting the narrative about who is responsible for it. Despite overwhelming evidence showing the rate of improvement for most economic indicators increased shortly after Trumpís election victory, liberals everywhere are insisting itís Barack Obama who deserves all the credit ó not Republicans, not President Trump, and certainly not the men and women who actually produce jobs, services, and products in the marketplace.

Below are five graphs showing just a handful of the economic gains that have been made over the past year. For reference, President Obamaís final year in office has also been included to show the differences between the two periods. Each chart also displays when Hurricanes Harvey and Irma struck, because in some cases, those storms had a strong impact on data (see food stamp enrollment, for example). Unless otherwise noted, data was taken directly from the U.S. Bureau of Labor Statistics.









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Old 02-19-2018, 04:54 PM
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Thumbs up Re: These 5 charts show just how amazing Trump and GOP have been for the economy

So all this fellatio is because he did not f-ck up previous economic trends in the first year.

Literally this.

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Old 02-20-2018, 09:52 AM
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Default Re: These 5 charts show just how amazing Trump and GOP have been for the economy

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So all this fellatio is because he did not f-ck up previous economic trends in the first year.

Literally this.

Literally the best you can manage is a cartoon in response to graphs showing the acceleration of improvement under Trump.

Have to blindly give Obama credit after all those Democrats like Paul Krugman predicted electing Trump would plunge us into the economic abyss.
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Old 02-20-2018, 11:55 AM
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Default Re: These 5 charts show just how amazing Trump and GOP have been for the economy

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Have to blindly give Obama credit
When I see Wally post I immediately think of the Manson girls.
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Old 02-20-2018, 05:37 PM
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Default Re: These 5 charts show just how amazing Trump and GOP have been for the economy

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Literally the best you can manage is a cartoon in response to graphs showing the acceleration of improvement under Trump.

Have to blindly give Obama credit after all those Democrats like Paul Krugman predicted electing Trump would plunge us into the economic abyss.
Acceleration of improvement? And from some obvious cherry-pickkng of data? No thanks.

For years we've been told by conservatives that Obama either stagnated the economy or made it worse. Never was the acknowledgment of improvement there but the most begrudging of concessions, and almost always with the qualifier "In spite of Obama...".

The economy did well under Obama and is it still doing well today. The difference between myself and those on Trump's man-teats is that I accept both sides of the sentence. But I'm alslo not going to get on my knees and praise the great orange one for keeping the status quo when it comes to economic growth.

And yes, Krugman was incorrect about his prediction, at least thus far. That's a good thing and I don't think anyone is upset that the economy didnt collapse.
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Old 02-21-2018, 07:46 AM
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Default Re: These 5 charts show just how amazing Trump and GOP have been for the economy

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Acceleration of improvement? And from some obvious cherry-pickkng of data? No thanks.

For years we've been told by conservatives that Obama either stagnated the economy or made it worse. Never was the acknowledgment of improvement there but the most begrudging of concessions, and almost always with the qualifier "In spite of Obama...".

The economy did well under Obama and is it still doing well today. The difference between myself and those on Trump's man-teats is that I accept both sides of the sentence. But I'm alslo not going to get on my knees and praise the great orange one for keeping the status quo when it comes to economic growth.

And yes, Krugman was incorrect about his prediction, at least thus far. That's a good thing and I don't think anyone is upset that the economy didnt collapse.
Right, graphs of specific economic indicators draw from Federal labor statistics are "cherry picking" free hand trend lines in a cartoon are better.

Confronted with the fact that Trump's management of the economy has been outstanding compared to Obama's, not surprising given their backgrounds, the response is a reversion to denial and juvenile imagery. No counter factual are presented just venomous rhetoric.

We are expected to buy into the absurd notion that because the economy improved at a tepid rate while Obama was President any improvement afterwards is due to his policies. It is like claiming the 5th place runner who has dropped out of the race is setting the pace.

Congressional Democrats aren't openly disappointed because the economy didn't collapse as predicted. They are simply denouncing Trump using the boiler plate demogogery of leaving people behind or even doom in the future.
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Old 05-14-2018, 10:14 AM
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Default Re: These 5 charts show just how amazing Trump and GOP have been for the economy

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Since Donald Trump and Republicans seized control of Washington, D.C., the economy has been, by virtually any reasonable measurement, improving dramatically.
By virtually any reasonable measurement?

Since Dec 20, 2016 the value of the dollar relative to the Euro has declined by about 15%. A loss of purchasing power for the dollar by 15% has a significant impact on the US economy. The value of the dollar peaked at a ten year high of 103% (adjusted for inflation) in Dec 2016 and has been in a steady decline since Trump took office.
https://www.thebalance.com/value-of-us-dollar-3306268
U.S. Dollar Index - 43 Year Historical Chart | MacroTrends

January 2017, the week that Trump took office, the average gasoline price in the United States was $1.96/gal and a year later in January 2018 it was $2.68/gal and it's continued to go up reaching $2.96/gal on May 5, 2018. Paying a dollar more per gallon of gasoline, basically a 50% increase in the cost of gasoline under Obama, is financially hurting a lot of American workers that commute to work over any significant distance daily.
https://ycharts.com/indicators/gas_price

How much did Obama or Trump have to do with these statistics is always at the bottom of any discussion. CAUSE AND EFFECT

What we know historically is that presidents don't have much impact if any during their first year in office when it comes to the economy. It takes time for policy changes to have an effect economically on the nation. Obama inherited a disastrous economy when he took office and job losses continued until July 2011 before the economy began to once again add jobs and lower the unemployment rate.

In looking at 2017 the first question that would need to be asked is "What did Donald Trump and/or the Republicans do in 2017 that would cause any short term change in the economy?" There were no significant legislative or regulatory changes that I've read about that would cause any significant positive change. There have been some policy changes that have hurt the US since Trump took office.

Trump's withdrawal from the Paris Climate Change Accord has harmed the future of the US "green energy" sector that was the fastest growing sector in the US economy.

Trump's withdrawal from the Trans Pacific Partnership has harmed the future of US exports to the expanding Asian economy.

Trump's threat of tariffs has hurt the value of the dollar.

Trump's opposition to and ultimately his withdrawal of the US from the UN Security Council-Iran nuclear agreement has lead to increased oil (gasoline) prices.

The only economic policy item to be passed by the GOP was the tax cuts in December 2017 and tax cuts have to be evaluated long term. According to the Tax Policy Institute at the end of 10 years 81% of the financial benefits of the GOP tax cuts will be for the top 1% of income households while the average American household will be paying higher income taxes.
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Old 05-14-2018, 02:51 PM
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Default Re: These 5 charts show just how amazing Trump and GOP have been for the economy

Here's the msm's reaction at how good the economy has gotten:

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Old 05-14-2018, 08:14 PM
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Default Re: These 5 charts show just how amazing Trump and GOP have been for the economy

Thanks for reminding us of these really bad charts lol.
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Old 05-15-2018, 10:33 AM
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Default Re: These 5 charts show just how amazing Trump and GOP have been for the economy

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Originally Posted by ShivaTD View Post
By virtually any reasonable measurement?

Since Dec 20, 2016 the value of the dollar relative to the Euro has declined by about 15%. A loss of purchasing power for the dollar by 15% has a significant impact on the US economy. The value of the dollar peaked at a ten year high of 103% (adjusted for inflation) in Dec 2016 and has been in a steady decline since Trump took office.
https://www.thebalance.com/value-of-us-dollar-3306268
U.S. Dollar Index - 43 Year Historical Chart | MacroTrends

January 2017, the week that Trump took office, the average gasoline price in the United States was $1.96/gal and a year later in January 2018 it was $2.68/gal and it's continued to go up reaching $2.96/gal on May 5, 2018. Paying a dollar more per gallon of gasoline, basically a 50% increase in the cost of gasoline under Obama, is financially hurting a lot of American workers that commute to work over any significant distance daily.
https://ycharts.com/indicators/gas_price

How much did Obama or Trump have to do with these statistics is always at the bottom of any discussion. CAUSE AND EFFECT

What we know historically is that presidents don't have much impact if any during their first year in office when it comes to the economy. It takes time for policy changes to have an effect economically on the nation. Obama inherited a disastrous economy when he took office and job losses continued until July 2011 before the economy began to once again add jobs and lower the unemployment rate.

In looking at 2017 the first question that would need to be asked is "What did Donald Trump and/or the Republicans do in 2017 that would cause any short term change in the economy?" There were no significant legislative or regulatory changes that I've read about that would cause any significant positive change. There have been some policy changes that have hurt the US since Trump took office.

Trump's withdrawal from the Paris Climate Change Accord has harmed the future of the US "green energy" sector that was the fastest growing sector in the US economy.

Trump's withdrawal from the Trans Pacific Partnership has harmed the future of US exports to the expanding Asian economy.

Trump's threat of tariffs has hurt the value of the dollar.

Trump's opposition to and ultimately his withdrawal of the US from the UN Security Council-Iran nuclear agreement has lead to increased oil (gasoline) prices.

The only economic policy item to be passed by the GOP was the tax cuts in December 2017 and tax cuts have to be evaluated long term. According to the Tax Policy Institute at the end of 10 years 81% of the financial benefits of the GOP tax cuts will be for the top 1% of income households while the average American household will be paying higher income taxes.
Wow, classic Resistance doom and whining. Never mind the near record unemployment, wage growth and robust GDP growth, the new Mercedes will cost more. Naturally a bit weaker dollar versus the Euro making US exports and tourism more attractive can't be mentioned amid the mindless howling about Trump bad.

Reassured by Trump's firm stand against an Iranian regime with an official policy of death to America the Saudis are in the process of increasing their oil output which ought to moderate prices in the near future. Meanwhile the same Democrats who feverishly supported Obama prostrating US foriegn policy to please the Iranian mullahs suggest we should have continued the appeasement so as to keep the price of gas lower.

It is illustrative that Obama's first stop with his new TPP negotiating authority was Vietnam, a country with lots of cheap labor ripe for an outsourcing destination for US jobs and in Obama's world view deserving of reparations for US aggression. Like all things Obama the politics of fundamental transformation of the US into just another servant of the international bureaucracy is the primary goal.

The vaunted Progressive openness to alternative ideas such as bilateral trade agreements where US interests are not subjugated to foreign bureaucrats toothless enforcement of treaty conditions dissolves into vicious, scorched earth partisan warfare when Trump wants to change the status quo. The Democrats self professed champions of the American worker nonetheless insist international trade organizations like the TPP are the best qualified to look after us.

Growth in the so-called green energy sector is fueled by government subsidies, tax money redistributed to political favorites. That is not a recipe for a prosperous or sustainable healthy economy.

No link is provided to a specific article detailing the study by the Leftist alliance of the Brookings and Urban institutes condemning the Trump tax cuts. The conclusion appears to be based on the demagogue friendly technique of static analysis where economic and wage growth are basically frozen and the individual tax cuts are allowed to lapse.
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