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Trump kicked the sluggish economy onto high gear

If it doesn't mean ****, why has Trump been complaining about it these last few years?
I guess he changed his mind. He must have read that NY t article. ;)
 
GDP growth staggered along at 1.5% in Mr. Obama’s final six full quarters in office. …

some handoff, huh?
You presented market data. I (accurately) pointed-out your error.
 
https://www.wsj.com/articles/trump-kicked-the-sluggish-economy-into-high-gear-1543175630

For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.


Fantastic you think that way...now could you supply some actual figures about that instead of the opinion of one man who appear to be extremely biased. And since Trump has never missed an hour of the day to lie, over blow,m exaggerate and falsely boast, I have to question EVERYTHING said by his Lemmings....with all that lying, you're going to have tom supply proof.


Two, please provide for us how Trump will stop this current high fluctuation in the market caused by his childish spats with everyone and anyone who says the least thing bad about him. If I am not mistaken the Dow has dropped a huge amount because of Trump's lie that he had made a trade deal with China at the G-20 and now that business learned it was a huge lie they bolted.

Your economy is like a choo choo train running full out.....in a matter of time that choo choo is headed off the rails

so stop lying about your man crush
 
Liberal policies must work pretty well too then, because Justin Trudeau is enjoying seeing Canada at the lowest unemployment in nearly half-a-century as well. Funny how that works, huh?



And a very low debt. We can borrow our way out of real trouble if we have to. I am not sure the US has much room to leverage

And those figures come amid Trump's tariffs on our primary resources, specially lumber and steel
 
Fantastic you think that way...now could you supply some actual figures about that instead of the opinion of one man who appear to be extremely biased. And since Trump has never missed an hour of the day to lie, over blow,m exaggerate and falsely boast, I have to question EVERYTHING said by his Lemmings....with all that lying, you're going to have tom supply proof.


Two, please provide for us how Trump will stop this current high fluctuation in the market caused by his childish spats with everyone and anyone who says the least thing bad about him. If I am not mistaken the Dow has dropped a huge amount because of Trump's lie that he had made a trade deal with China at the G-20 and now that business learned it was a huge lie they bolted.

Your economy is like a choo choo train running full out.....in a matter of time that choo choo is headed off the rails

so stop lying about your man crush
Interesting that Canada is also enjoying near half-century unemployment lows, under the liberal Trudeau - eh?
 
Interesting that Canada is also enjoying near half-century unemployment lows, under the liberal Trudeau - eh?

must be the Halo Affect from being in proximity to Trump.......:mrgreen::lamo
 
And a very low debt. We can borrow our way out of real trouble if we have to. I am not sure the US has much room to leverage

And those figures come amid Trump's tariffs on our primary resources, specially lumber and steel
Unfortunately for you guys, if Trump kills the American economy - you guys go down with us.

But I'm just wondering: Where (numerically) is the current Canadian equivalent rate, to our Fed Funds rate? Assuming you have a similar function in your central bank. Ours is currently at 2.25%, likely set to go to 2.5% in DEC.
 
YOU:Fantastic you think that way...now could you supply some actual figures about that instead of the opinion of one man who appear to be extremely biased. ......ed..................................

YOU :Your economy is like a choo choo train running full out.....in a matter of time that choo choo is headed off the rails
h

Almost had a hernia laffin...


{stage Whisper: They never see themselves , do they?}
 
Interesting that Canada is also enjoying near half-century unemployment lows, under the liberal Trudeau - eh?

While I am a Liberal the good numbers are not all theirs. Harper's conservatives had tightened up so much country couldn't breathe, which Trudeau and his cabinet are building on.

But we were never hit by '08 as you all were, we had a surplus at the time (we love being taxed so much we like tax surpluses - the government taking more than it needs).

If I were writing about it today I would walk the credit back to the Pearson era, 50's and 60's and through Trudeau I where a defined move was made to move off the USA as our only market. Then, 89% of Canada's business was done with the US. Now, it's less than 40%.

And as an aside, from my perspective, your governments have been hugely irresponsible in creating "political based debt" promises made to buy votes.

And in the end its about the relationship of a government not only with people, but business as well. Your business community is looking to pack up and move out...tariffs hurt them more than the electorate
 
Actually kind of looks like Trump is screwing up the Obama expansion.
That was one of my greatest fears with Trump. We shall see.

But those tariffs are surely not a good thing for the economy. Neither is his reactionary impetuous inconsistency and lack of steadiness at the helm, to say nothing of his delusional hyperbole & deceit.
 
Unfortunately for you guys, if Trump kills the American economy - you guys go down with us.

But I'm just wondering: Where (numerically) is the current Canadian equivalent rate, to our Fed Funds rate? Assuming you have a similar function in your central bank. Ours is currently at 2.25%, likely set to go to 2.5% in DEC.

No, those functions lie with the Bank of Canada, which is not a bank but a "house of the exchequer" dating back to the days of real Royal power and the Crown using a kind of governorship about that economy. The Governor of the Bank of Canada is appointed by her excellency the Governor General on the recommendations of Parliament, not the government. (that distinction always seems to confuse Americans)

The BOC plays the same role as the Fed, I assume, but also monitors banking trends and activities; however in the second half of the 20th century the role became more and more one of managing the economy with a light hand. The former governor, David Dodge is credited with having saved Canada from the effects of the US housing crisis and actually grow within it; a role that led to him being appointed the top money guy for the EU.

The primary difference is that the BOC is entirely non political. No prime minister would ever even think of trying to tamper, the last one who tried, Stephen Harper lost his job instead.

And see my earlier post about our ties to the US economy. You will know that the numbers you are quoting are IN SPITE of the Trumpariffs which are hurting both lumber and auto production. It appears we are not concerned all that much about Trump's economic plans.
 
https://www.wsj.com/articles/trump-kicked-the-sluggish-economy-into-high-gear-1543175630

For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.

Klattu, you need to get your facts straight before you put on a thread and make a statement that is lacking reality to it. Here are the facts:

https://www.washingtonpost.com/politics/2018/09/18/trump-economy-versus-obama-economy/?utm_term=.0084b144874c

Here is one graph from that article that refutes your claim:

GDP.jpg

In addition, under Obama the stock market rallied 61% (from 7000 to 17800) and under Trump the stock market has rallied 40% (from 17800 to 26616) but has given back already 10% of that rally.

Last but not least, Obama took unemployment from 9.1% to 4.3% and Trump has taken it from 4.3% to 3.7%. As such, Obama's claim that he was the founder of the improvements in the economy is valid.
 
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https://www.wsj.com/articles/trump-kicked-the-sluggish-economy-into-high-gear-1543175630

For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.
And it looks like Dems taking over House has stripped a few gears in the economic engine.

:shock:
 
Liberal policies must work pretty well too then, because Justin Trudeau is enjoying seeing Canada at the lowest unemployment in nearly half-a-century as well. Funny how that works, huh?
When our economy roars Canada benefits

Sent from my SM-G965U using Tapatalk
 
Great! According to Trump, down is a good direction.

Except when it comes to things like the deficit and the trade deficit. Then, up is the proper direction.


Trump thinks tariffs are a tax on the imposed country, not the consumer. He's too stupid to get that tariffs are imposed on the importer and paid for by US citizens.

That fundamental, grade school, information is the reason for blowing up the recovering WORLD economy. Wish you guys would realize you're not the only ones with good numbers right now....and I stress the word "now".
 
Klattu, you need to get your facts straight before you put on a thread and make a statement that is lacking reality to it. Here are the facts:

https://www.washingtonpost.com/politics/2018/09/18/trump-economy-versus-obama-economy/?utm_term=.0084b144874c

Here is one graph from that article that refutes your claim:

View attachment 67245591
LOL, how EXACTLY does that graph disprove anything Klattu said? You realize all those quarterly PROJECTIONS when turned in to ANNUAL performance averaged barely two percent growth, right. For god's sake, Lucky, EVEN OBAMA and his minions told us the slow growth we were experiencing was the "new normal".
 
That was one of my greatest fears with Trump. We shall see.

But those tariffs are surely not a good thing for the economy. Neither is his reactionary impetuous inconsistency and lack of steadiness at the helm, to say nothing of his delusional hyperbole & deceit.


The "talking heads", TV and radio political analysts are saying the international community isn't sure about anything. After falsely announcing a trade deal with China at the G-20, nothing said or done is trusted by anyone. If anything, foreign investors are bracing for another round of the American torture game: "Impeachment" which becomes the driving force in ALL decisions, just ask Bill.

What's REALLY interesting is that more and more leaders of other countries are turning to Ottawa for advice; we've lived next to the dragon for 150 years.
 
And it looks like Dems taking over House has stripped a few gears in the economic engine.

:shock:

Yeah Companies love this sh$t.


“We have some bills in the Senate that are calling for the taxing of the windfall profits of the big oil companies who are making out like bandits.” -obama

“Today, despite record-breaking profits, corporate income taxes only bring in 11 percent of total federal revenue.”-Sanders

“News outlets deserve better than to be chopped up, stripped for profit, or promoting owner interests.”Ocasio

“I called out shady mortgage lenders who exploit veterans for profit.”-Warren
 
The "talking heads", TV and radio political analysts are saying the international community isn't sure about anything. After falsely announcing a trade deal with China at the G-20, nothing said or done is trusted by anyone. If anything, foreign investors are bracing for another round of the American torture game: "Impeachment" which becomes the driving force in ALL decisions, just ask Bill.

What's REALLY interesting is that more and more leaders of other countries are turning to Ottawa for advice; we've lived next to the dragon for 150 years.
Thanks for the great series of great posts, but I'm running out the door so I only gave them quick 'likes'.

I'll catch you and them later tonight or tomorrow. Enjoy your Friday night and the beginning of the weekend, my good friend.
 
must be the Halo Affect from being in proximity to Trump.......:mrgreen::lamo



Good joke, but you are not seeing the greatest revolution of revulsion in human history as anything American becomes hate in this country. Your lying bully is so vilely hated here we would have to brace for war were to come now.

In the supermarket, workers complain that shoppers when learning their fruit is from California storm out of the store and head to the one with the sign in the window "no American product".

Canada has always had an edge of '**** you' about America, but it's turning into outright hatred, so uncharacteristic for these people, it's frightening. The "new" trade agreement Trump vaunts? May not pass Parliament because of one concession - we take another .5% of your dairy product.

I have never seen anything like this before, even when we were closing border points with demonstrations over Vietnam and nuke testing. No, my advice to Americans now is "don't come here"
 
And it has increased

So what?

Oh...wait...that's right. He's not snapping his fingers fast enough or waving his magic wand fast enough for you.
 
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