@MarineBob 200 + years of presidential salary, spent on playing golf!! Usually at his own resorts, thereby enriching himself off the office of POTUS. Which is in itself a impeachable offence!! 🤷♀️ 😬
@MarineBob If unemployment went to zero and healthcare was reduced to $1 for life, the world got rid of nuclear devices, at the hands of the Trump administration, they would still be trying to impeach him for making everyone work so they can't vote or something else just as crazy
@QuixoticSoul Not my plan just a hypothetical rambling to show how much hate the left has for Trump. They can't acknowledge the low unemployment numbers, the job growth, the growth in GDP, the lessening of illegal immigration. No improvement in anything surpasses their hatred for the man, even at the expense of the country.
They can't acknowledge the low unemployment numbers, the job growth, the growth in GDP, the lessening of illegal immigration.
All of this is just on trend, dude - all of that has been very steady and quite linear, even illegal immigration (which has been falling since ‘07). For example - we still haven’t seen that year on year 3% gdp growth.
Ironically, to demonstrate that Trump is not getting credit for what he has done, you are trying to give him credit for things that have little to do with him.
@QuixoticSoul As both parties do with every administration, next you are going to tell me that this is really Obama's economy. That would be rich after he said 2% growth was the norm and we weren't going to see better numbers. Everything is a trend from unemployment to global warming, unless you don't like it and then it is just weather. he gets the credit for what happens under his watch for what happens or doesn't happen whether he deserves it or not. The commander has the ultimate responsibility. That does open a lot of questions for me though about the herd mentality of voters and the markets. In the tail end of Bushes last term, did the markets slow because of a correction or did they slow because it looked like Obama was going to run away wit the election and initiate tax increases and slow the economy? By the same token, did the economy perk up in the tail end of Obama's last term because it looked like a conservative was going to be in the White House and tax cuts were on the table? Political change seems to have some effect on the market's course.
next you are going to tell me that this is really Obama's economy
Essentially. But Obama had relatively little influence on it as well, aside from some fairly effective crisis management at the very beginning of his presidency.
he said 2% growth was the norm and we weren't going to see better numbers
We haven’t yet 🤷♂️
In the tail end of Bushes last term, did the markets slow because of a correction or did they slow because it looked like Obama was going to run away wit the election and initiate tax increases and slow the economy?
😂😂😂😂😂😂
Dude this was only ten years ago, how did you forget about the whole global financial crisis thing?
did the economy perk up in the tail end of Obama's last term because it looked like a conservative was going to be in the White House and tax cuts were on the table?
The economy remained pretty steady tbh. These things have been super linear over the last decade or so.
They call it the invisible hand for a reason; except times of severe trouble, the president typically has very limited impact - by design.
@QuixoticSoul I don't think Trump or any president for that matter can completely control the economy, but as far as taxes go and the sway of the congress and the senate, their actions do have some sway on the markets. When politicians are talking about taxes and regulation, the markets slow, when they talk about less taxes and less regulation, the market grows. We are something like 25% of the economy of the world, as our markets go, so goes the rest of the world. I see the downturn in 08 and no correction until 2010, I remember the Global financial crisis, I also remember Obama and Clinton talking about stopping the coal industry in it's tracks, about %15 an hour min wage, about higher taxes on big oil and GM, and big pharma, it seems to correspond, to market swings. By the time 2010 rolled around, the coal industry was still going and taxes weren't jacked up as feared, the only real legislation Obama got through was the ACA, and from my perspective it was an abortion. and it has climbed right through Trumps campaign and first term to now. The GDP is at 2.1% for the 3rd quarter of 2019, the stretch from mid 2017 to 2018 5 quarters between 2.5 and 3.5, seems to be looking better to me.
