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.
Just to be clear as to who did waht to destroy our economy.
Democrats have been on record for well over a year in approval of wrecking our economy in order to rid the nation of Trump. THAT is what is going on at the Fed.
More jobs, more employment, higher wages and a booming housing market (construction). So the stock market under Federal Reserve Progressive rule is sick. So what?
They claimed the tax cuts would boost the stock market. Wrong. Although the stock market surged in the early part of the 2018 with corporations plowing most of their tax savings into buying back their own shares of stock, since then the gains have been completely wiped out.
The middle class part of the tax reform bill does not hit until April 15 of 2019. The corporate part is the same tax cut that Clinton authored, the same that gave this nation a good economy under his administration.
You make it sound as if the economy is not good. GDP average 3 points for the past year, Barack's economy average a recessionary 1.6. Unemployment is the lowest since 1965; black and Hispanic employment is the lowest in history. Wages have increased 3.6%, far more than under Barack. Say what you will about inflation and wages, again, wages have grown faster than under our past Wannabe Muslim president. Residential construction is booming everywhere. The participation rate is the lowest in four decades. Unemployment with women is at a 65 year low.
Worst Dec. since the Great Depression. MAGA !!??
ReplyDeletelol
More jobs, more employment, higher wages and a booming housing market (construction). So the stock market under Federal Reserve Progressive rule is sick. So what?
DeleteThey claimed the tax cuts would boost the stock market. Wrong. Although the stock market surged in the early part of the 2018 with corporations plowing most of their tax savings into buying back their own shares of stock, since then the gains have been completely wiped out.
ReplyDeleteThe middle class part of the tax reform bill does not hit until April 15 of 2019. The corporate part is the same tax cut that Clinton authored, the same that gave this nation a good economy under his administration.
DeleteYou make it sound as if the economy is not good. GDP average 3 points for the past year, Barack's economy average a recessionary 1.6. Unemployment is the lowest since 1965; black and Hispanic employment is the lowest in history. Wages have increased 3.6%, far more than under Barack. Say what you will about inflation and wages, again, wages have grown faster than under our past Wannabe Muslim president. Residential construction is booming everywhere. The participation rate is the lowest in four decades. Unemployment with women is at a 65 year low.