Mission Statement: This blog reviews the news of the day in light of 242 years of American history. "Nationalism," a modern day pejorative, has been our country's politic throughout history, until 2008. Obama changed that narrative. Trump is seeking a return to our historical roots. Midknight Review supports this return to normality.
The economy is still functioning at 3.6% but a slow down to 2.5% is expected. Obama averaged 1.6%, near recessionary levels, througout his presidency.
Still up 20% since Trump took office, but the Market is not the economy. Never was. What about all this: lowest unemployment numbers for Hispanics, Blacks , Asians, women lowest in 65 years, wages up nearly 4% (something that did not happen under Obama), nominal defeatof the ISIS Caliphate (Something Obama predicted would tyake 10 years to accomplish), 600,000 new manufacturing jobs created, best hiliday sales in a decade predating the Obama error, repairing the damage done to our military by Obama, gaining the world leadership in oil production, first tax reform in decades, more jobs created than we have people to fill those positions, highest job participation in 65 years, a booming housing construction market, lowest unemployment rate in decades, first 3.4 GDP annual average since 2005 (Obama averaged 1.6 GDP per year for 8 stinking years) . . . . In other words, BEST ECONOMY SINCE BILL CLINTON, MAYBE BETTER.
Just as long as the readers know that you have no counter to the facts I presented above. You know next to nothing about the Market and you have no clue how to define your version of the economy to include the above facts I just laid out . . . . the same facts that prove the Trump economy to be robust, one of the best in American history. All those numbers above, none of them existed under Obama and that is because he did not know how to manage fruit stand, much less the national economy. You are a laughable joke.
at least they have profitability in their 401K. Under Obama folks trying to save had NOTHING. And the Dow is still up 5000 points since 2016. Brag all you want about Obama Market, his GDP remained at recessionary lows (1.6 annual averages) throughout his stinking presidency.
ReplyDeleteWall Street stocks end their worst year since 2008...MAGA!
https://news.yahoo.com/wall-street-poised-end-2018-red-topsy-turvy-165200988.html
Still up 20% since Trump took office, but the Market is not the economy. Never was. What about all this: lowest unemployment numbers for Hispanics, Blacks , Asians, women lowest in 65 years, wages up nearly 4% (something that did not happen under Obama), nominal defeatof the ISIS Caliphate (Something Obama predicted would tyake 10 years to accomplish), 600,000 new manufacturing jobs created, best hiliday sales in a decade predating the Obama error, repairing the damage done to our military by Obama, gaining the world leadership in oil production, first tax reform in decades, more jobs created than we have people to fill those positions, highest job participation in 65 years, a booming housing construction market, lowest unemployment rate in decades, first 3.4 GDP annual average since 2005 (Obama averaged 1.6 GDP per year for 8 stinking years) . . . . In other words, BEST ECONOMY SINCE BILL CLINTON, MAYBE BETTER.
Delete"Still up 20% since Trump took office" = LIE
DeleteDow under Trump +17% (+3500)
Dow under Obama +245% (+11,750)
Just as long as the readers know that you have no counter to the facts I presented above. You know next to nothing about the Market and you have no clue how to define your version of the economy to include the above facts I just laid out . . . . the same facts that prove the Trump economy to be robust, one of the best in American history. All those numbers above, none of them existed under Obama and that is because he did not know how to manage fruit stand, much less the national economy. You are a laughable joke.
DeleteHeh ... ok fat man, tell that to the people who have lost 10-15% of their 401K in just the last 4 months.
Delete
Deleteat least they have profitability in their 401K. Under Obama folks trying to save had NOTHING. And the Dow is still up 5000 points since 2016. Brag all you want about Obama Market, his GDP remained at recessionary lows (1.6 annual averages) throughout his stinking presidency.