No, it's not improving the economy!
We had 2.0% growth in Q2 2019, and it looks like we might not even hit that for Q3.
Unemployment is not an indicator of a strong economy.
Also, 2018 saw the fewest jobs created since 2011.
Joe Scarborough: There's not enough money to pay for Elizabeth Warren's promises
- Thread starter Earl
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No, it's not improving the economy!
We had 2.0% growth in Q2 2019, and it looks like we might not even hit that for Q3.
Unemployment is not an indicator of a strong economy.
Also, 2018 saw the fewest jobs created since 2011.
Trust me, real Democrats know this................................
Boorish bullshit unread.
The unemployment rate fell to 3.6 percent, the Labor Department said Friday, the lowest since 1969. The official unemployment rate has been at or below 4 percent for more than a year. ... Hispanic unemployment dropped to 4.2 percent in April, a record low since the Labor Department started measuring it in the 1970s.
Jobs, not mobs.
Four more years.
Jobs, not mobs.
Four more years.
So you think more people working and spending money isn't improving the economy? Sometimes you just gotta wonder...
Trump GDP so far averaging 2.66% per year. Obama's was 1.48% per year. 2.66% is greater than 1.48% you dumb fuck.
"The U.S. economy is getting better. How can you tell? First, and most important, the nation's economic output is growing steadily. The gross domestic product was $19.7 trillion in 2017. It was a 2.6 percent improvement over 2016. That puts the economy solidly in the healthy 2-3 percent growth range.
As a result, employment is rising and unemployment is falling. In fact, the current unemployment level is 4.1 percent, which is below the natural rate of 4.5 percent. This means companies can't find enough good workers. Over time, this shortage will slow business and economic growth.
Consumer Spending
In 2017, consumer spending was a robust $12 trillion. It grew 3.8% over 2016. Consumer spending is important since it drives 60% of the economy. It is the demand for goods and services that makes companies hire more workers.
Housing prices are headed in the right direction. Prices in many areas have exceeded their 2005 highs. Houses are selling at the same rate as they were in 2007, nearly 5.5 million units a year.
Stock market prices are rising. The Dow set closing records in 2017. Granted, most people won't personally benefit from higher stock prices, but it is a leading economic indicator. When stock prices rise, corporate CEOs feel confident and, as a result, they are more likely to invest. They will expand their businesses, buy new equipment, and hire more workers. The increase in income will lead to more demand. It creates a virtuous cycle that drives further economic growth.
Auto sales are up, thanks to low-interest rate loans. American automakers benefited the most, creating more well-paying jobs."
thebalance.com
Black really, really is black...not white as some insist on telling you.
As a result, employment is rising and unemployment is falling. In fact, the current unemployment level is 4.1 percent, which is below the natural rate of 4.5 percent. This means companies can't find enough good workers. Over time, this shortage will slow business and economic growth.
Consumer Spending
In 2017, consumer spending was a robust $12 trillion. It grew 3.8% over 2016. Consumer spending is important since it drives 60% of the economy. It is the demand for goods and services that makes companies hire more workers.
Housing prices are headed in the right direction. Prices in many areas have exceeded their 2005 highs. Houses are selling at the same rate as they were in 2007, nearly 5.5 million units a year.
Stock market prices are rising. The Dow set closing records in 2017. Granted, most people won't personally benefit from higher stock prices, but it is a leading economic indicator. When stock prices rise, corporate CEOs feel confident and, as a result, they are more likely to invest. They will expand their businesses, buy new equipment, and hire more workers. The increase in income will lead to more demand. It creates a virtuous cycle that drives further economic growth.
Auto sales are up, thanks to low-interest rate loans. American automakers benefited the most, creating more well-paying jobs."
thebalance.com
Black really, really is black...not white as some insist on telling you.
Average unemployment during Obamunism = 7.2%
Average unemployment with Trump = 4% 4% is LOWER than 7.2% Dunce.
Trump GDP so far averaging 2.66% per year. Obama's was 1.48% per year. 2.66% is greater than 1.48% you dumb fuck.
Throwing decimals and percentages at him greatly confuses him.
When did Trump say he wouldn't play golf if elected you pathological lying dunce?
What do you think happens when the Government ruins a deficit you willful moron?
Ah, let me see, perhaps they spend more money going out than they have coming in, duh
What do you think happens when the Government ruins a deficit you willful moron?
Ah, let me take a guess, perhaps they spend more than they have money coming in, now, you tell me how does that mean "Obama is printing money"