This is Trump's economy, two years in

[Conservative]

Oh so now you don't like the DOW. Let's then try the GDP.

It's hard not to think you are being just a little biased in your analysis. Here is US GDP growth from 2011-present (I couldn't find one doing 2009-present). I am not seeing anything here that would make me think there was something terrible in these figures from 2011-2016 under Obama, vs. 2017 to present under Trump, which would warrant such outrage over the former, and such sense of victory over the latter. But if you do, let me know what that is.

View attachment 67248731

Probably because you don't know the components of GDP and the role govt. spending plays in those numbers nor are you focusing on the dollar amount increase. Obama generated 4.2 TRILLION in 8 years, Trump 2 trillion his first two years. You don't see a difference here? What affect did the 842 billion dollar stimulus have on GDP?

 

[Conservative]

You know when I shoveled in a huge amount of money into the stock market? End of 2008. Yep, that was when Rush Limbaugh was calling it "The Obama Recession", before Obama had even taken office, LOL. He was predicting the end of the world. Here is what he said:



Needless to say, I didn't listen to Rush. The money I put in then has tripled. Not bad.

No, it wasn't the Obama recession it was the U.S. recession with about 25 different people and groups responsible including the Democratic Congress. It was however the Obama recovery which was the worst in history. I don't listen to Limbaugh I use Treasury data to post the official results and then bureau of labor statistics in context for the jobs

 

[Conservative]

Sorry, you're projecting. Please provide the quotes when I or other liberals here complained about stock returns being a bad thing. Yes, we complained that Trump's tax-cut wasn't going to go to workers, as he advertised, and WE were right. As we plainly see, the tax-cuts gave no boost to stocks. That "rocket fuel" burned out quickly -- not increase long-run growth, after giving a temporary stimulus. There was no spectacular investment from the tax-cut. Nearly all corporate investment was in oil production after prices rose. So everything promised that the tax-cuts were supposed to do never materialized. But what did they do? They gave huge breaks to Republican donors.

Since stock market returns aren't a bad thing then I expect you to withdraw your complaint about companies buying back their stock as that increases company value and thus benefits shareholders.

You are truly dedicated to the nanny state and big govt. entitlements never answering the question as to where states and local governments get their money when the federal bureaucrats take more from their citizens?

Rocket fuel was affected by 4 interest rate increases but sure hasn't deterred hiring and employment nor economic growth and activity. Noticed how you ignored the record consumer spending in December, record charitable contributions in December, record state and local tax revenue in 2018 all meaning less of a need for that federal "help" you leftists are calling for.

Why is it American has to fail for you to celebrate? I am celebrating the Trump economy which is making you look more foolish than normal

 

[Obscurity]

What "faded" the economy are the constant interest rate hikes from the Fed. It's like that bunch WANTED to push on the brakes.

This is definitely part of the problem and I agree with Trump on this issue. There's no need for a rate hike, the banks have been ramming the public for long enough and the rate hike should have not ever happened.

 

[Obscurity]

Since stock market returns aren't a bad thing then I expect you to withdraw your complaint about companies buying back their stock as that increases company value and thus benefits shareholders.

I think the shareholders have made enough. Time for these cuck losers to hand out some of that wealth to those who actually earn it, instead of winning the birth lottery and just happening to have some investments daddy made decades ago.

 

[MTAtech]

Probably because you don't know the components of GDP and the role govt. spending plays in those numbers nor are you focusing on the dollar amount increase. Obama generated 4.2 TRILLION in 8 years, Trump 2 trillion his first two years. You don't see a difference here? What affect did the 842 billion dollar stimulus have on GDP?

Yeah, because there is no difference between a president that inherited a near-depression and one that inherited a growing economy -- no difference at all.

 

[MTAtech]

Since stock market returns aren't a bad thing then I expect you to withdraw your complaint about companies buying back their stock as that increases company value and thus benefits shareholders.

You are truly dedicated to the nanny state and big govt. entitlements never answering the question as to where states and local governments get their money when the federal bureaucrats take more from their citizens?

Rocket fuel was affected by 4 interest rate increases but sure hasn't deterred hiring and employment nor economic growth and activity. Noticed how you ignored the record consumer spending in December, record charitable contributions in December, record state and local tax revenue in 2018 all meaning less of a need for that federal "help" you leftists are calling for.

Why is it American has to fail for you to celebrate? I am celebrating the Trump economy which is making you look more foolish than normal

I don't understand your argument -- since stock prices DECLINED after the tax-cut went into effect. The tax-cut DIDN'T increase company value nor benefits shareholders.

 

[Conservative]

Yeah, because there is no difference between a president that inherited a near-depression and one that inherited a growing economy -- no difference at all.

How long are you going to promote that leftwing bull**** and marketing crap? He inherited a country COMING out of recession that TARP eliminated unless Obama standing on the Podium raising his hands and parting the sea with divine intervention and no economic policies worked wonders that the calendar and recovery.org don't show.

 

[Conservative]

I don't understand your argument -- since stock prices DECLINED after the tax-cut went into effect. The tax-cut DIDN'T increase company value nor benefits shareholders.

Interest rate rises will always reduce stock prices but sure haven't reduced dividends and spending. You are an indictment on just how poor the education system has become in this country totally ignoring basic civics and economics while promoting that entitlement mentality and nanny state. Stock buybacks benefit the shareholders by increasing company value.

 

[Tbird19482]

Sorry, you're projecting. Please provide the quotes when I or other liberals here complained about stock returns being a bad thing. Yes, we complained that Trump's tax-cut wasn't going to go to workers, as he advertised, and WE were right. As we plainly see, the tax-cuts gave no boost to stocks. That "rocket fuel" burned out quickly -- not increase long-run growth, after giving a temporary stimulus. There was no spectacular investment from the tax-cut. Nearly all corporate investment was in oil production after prices rose. So everything promised that the tax-cuts were supposed to do never materialized. But what did they do? They gave huge breaks to Republican donors.

and Trump and the Republican said it was a GREAT TAX CUT for a family of five
well if a family of five took the standard deduction last year and they take it again this year they will find out that they are paying MORE in US income taxes this year then they did last
First of all they " gave " them an increase of 11300 dollars in the standard deduction but took away the personal exemptions
Yes they " gave " us 11300 dollars in standard deductions but for a family of five took away 20250 dollars so their Taxable income will go UP 8950 and in the lowest tax rate of 10% their taxes will GO UP 895 dollars this year over last year
If that is a GREAT Tax cut for a family of five I don't want to see what they call a tax INCREASE
have a nice afternoon

 

[Conservative]

I don't understand your argument -- since stock prices DECLINED after the tax-cut went into effect. The tax-cut DIDN'T increase company value nor benefits shareholders.

Have never met a person quite like you so adamantly against people and companies keeping more of what they earn. Why is that? What harm is that doing to you, your family, or the country? Why is it that you continue to promote more revenue going to the federal govt. coming out of the pockets of the taxpayers and the corporations? Hope you are getting paid well for promoting this leftwing socialist bs.

Although this is a report from early 2018, want to be this didn't continue throughout the year?

https://money.usnews.com/investing/...13/2018-is-on-track-for-record-dividend-hikes

 

[SenorXm/Sirius]

You know when I shoveled in a huge amount of money into the stock market? End of 2008. Yep, that was when Rush Limbaugh was calling it "The Obama Recession", before Obama had even taken office, LOL. He was predicting the end of the world. Here is what he said:



Needless to say, I didn't listen to Rush. The money I put in then has tripled. Not bad.

The radical right don't want to hear anything bad about Rush, he's a saint to them because he spews hate and phony facts daily about those evil Dems...lol.. And then some come hear and spew Rush's lies and pull phony facts out of the air and expect people here to be as gullible as they are.

Anyway I was lucky enough to retire early because I made a bunch of money in the market from 2009 to 2013 or so. That damn Obama. lol

 

[ataraxia]

No, it wasn't the Obama recession it was the U.S. recession with about 25 different people and groups responsible including the Democratic Congress. It was however the Obama recovery which was the worst in history.

The Obama recovery was bad because of the slowness of the improvement in unemployment numbers, not because of DOW or GDP. Those were astronomical. The slowness in the unemployment appears to have been because as US companies came out of the recession, they started hiring more overseas- globalization and all that.

But as far as GDP, if you're going to argue it was bad under Obama, I would point to the graph I put up earlier and show you it had several years in it where the GDP grew much faster than anything it has done in the last two. So why were those signs of a weak economy, and the last two years the signs of a strong economy?

And as far as improving unemployment, I am surprised "conservatives" are now all of a sudden for tariffs for foreign corporations and penalties for US corporations to discourage exporting jobs overseas. I thought conservatives were all about competition and free enterprise unbridled by government regulations. It doesn't make sense.

 

[Conservative]

The Obama recovery was bad because of the slowness of the improvement in unemployment numbers, not because of DOW or GDP. Those were astronomical. The slowness in the unemployment appears to have been because as US companies came out of the recession, they started hiring more overseas- globalization and all that.

But as far as GDP, if you're going to argue it was bad under Obama, I would point to the graph I put up earlier and show you it had several years in it where the GDP grew much faster than anything it has done in the last two. So why were those signs of a weak economy, and the last two years the signs of a strong economy?

And as far as improving unemployment, I am surprised "conservatives" are now all of a sudden for tariffs for foreign corporations and penalties for US corporations to discourage exporting jobs overseas. I thought conservatives were all about competition and free enterprise unbridled by government regulations. It doesn't make sense.

Obama's performance was terrible because of his lack of understanding of the private sector, none of his stimulus promoted growth in the private sector and was directed at the public sector, teachers unions, democratic operatives and supporters. I am not at all surprised by the attitude of the radical left because this is their base and their support for the public sector and massive govt. is over the top.

Conservatives are for fair competition not countries manipulating their currency and hurting American businesses.

 

[MTAtech]

Have never met a person quite like you so adamantly against people and companies keeping more of what they earn. Why is that? What harm is that doing to you, your family, or the country? Why is it that you continue to promote more revenue going to the federal govt. coming out of the pockets of the taxpayers and the corporations? Hope you are getting paid well for promoting this leftwing socialist bs.

Although this is a report from early 2018, want to be this didn't continue throughout the year?

https://money.usnews.com/investing/...13/2018-is-on-track-for-record-dividend-hikes

As the lawyers say, asked and answered. When some groups, like the rich and corporations, get tax-cuts that means that the tax burden needs to be made up by others, like the middle class. We already knew what the former House leaders wanted to do, Tax breaks for wealthy paid for with deep cuts to Medicare, Medicaid and Social Security. Thank the dear Lord that voters gave control to Democrats.

 

[Media_Truth]

Let's see then, tax break, less revenue coming in, spending up. What's not to like? This is the republican dream come true. It's the one they run on election after election.

Yeah, yeah. Their base are letting their blinders get in the way of reality.

 

[Conservative]

As the lawyers say, asked and answered. When some groups, like the rich and corporations, get tax-cuts that means that the tax burden needs to be made up by others, like the middle class. We already knew what the former House leaders wanted to do, Tax breaks for wealthy paid for with deep cuts to Medicare, Medicaid and Social Security. Thank the dear Lord that voters gave control to Democrats.

No, that isn't what it means that all. Why is it that you believe the federal government needs more tax revenue that comes out of the pockets of the citizens in the state and local community? You have yet to answer that question and I'm going to keep asking it until you do.

When the federal government gets more money that is less money for the state and local governments to handle their own social problems. What part of that don't you understand?

Sent from my SAMSUNG-SM-G930A using Tapatalk

 

[bongsaway]

No, that isn't what it means that all. Why is it that you believe the federal government needs more tax revenue that comes out of the pockets of the citizens in the state and local community? You have yet to answer that question and I'm going to keep asking it until you do.

When the federal government gets more money that is less money for the state and local governments to handle their own social problems. What part of that don't you understand?

Sent from my SAMSUNG-SM-G930A using Tapatalk

The part about why the federal government has to subsidize red states more than blue states.

 

[Tbird19482]

Have never met a person quite like you so adamantly against people and companies keeping more of what they earn. Why is that? What harm is that doing to you, your family, or the country? Why is it that you continue to promote more revenue going to the federal govt. coming out of the pockets of the taxpayers and the corporations? Hope you are getting paid well for promoting this leftwing socialist bs.

Although this is a report from early 2018, want to be this didn't continue throughout the year?

https://money.usnews.com/investing/...13/2018-is-on-track-for-record-dividend-hikes

like your post
It only proves that Corporations bought back stock and very little of Trump's tax cuts for the rich like the Reagan's or GW Bush tax cuts ever " Trickled down any where "
fact is 42% of all US Corporations that earned MORE then a Million dollars in US Profits paid even ONE CENT in US Income taxes and that includes Corporations like GE that have earned BILLIONS in US Profits and have NOT paid any US Income taxes in years IF they did pay any it was a drop in a bucket
How does it feel to pay MORE in US Income taxes then these Corporations do?
I am retired and collect SS ( that I paid into for over 50 years ) and I have to pay US Income taxes on the little bit I get and these large US Corporations making Millions if NOT Billions in US Profits aren't paying ONE CENT in Us Income taxes.

Whay do you ask " Why is it that you continue to promote more revenue going to the federal govt. coming out of the pockets of the taxpayers and the corporations"
again show us where over 50% of all large Corporations making over a Million dollars in US Profits pay any thing in US Income taxes
Now as for the rest of that statement, it is NOT all tax payers just mostly the middle class tax payers.
Yes you moron the FACT is it use to be 42% of all US Corporations didn't pay one cent on the million if not Billions of US Profits and now after the Trump tax cut for the rich 65 % or more US Corporations that made OVER a million dollars in US Profits will NOT pay ONE CENT in US Income taxes this year.
and Trumps " Great tax cut fora family of five is a tax increase "
Yes If a family of Five took the standard deduction and the 5 personal exemptions last year they could take 32950 in deductions and this year seeing Trump and the Republican Controlled Congress took away the Personal exemptions of 4050 dollars per Person they get ONLY the standard deduction of 24000.
When I went to school 32950 was 8950 larger then 24000
SO Their Taxable income will go UP 8950 and in the 10% tax bracket that IS 895 dollars MORE in taxes they will have to pay this year.
and from what I read just like the Reagan " Trickle down tax cuts and the Bush's trickle down tax cut less then 10% ever trickled down
and one more thing Reagan started this BS and yes He did gave us a big tax cut that never trickled down but HE raised taxes 11 times, and on topof tht STILL almost tripled the debt.
So agter the last two Trickle down tax cuts that didn't Trickle down you would have had thought the Republicans would have put into the law the Large Corporations that take the tax cut would have to re invest it back into Plants and machines and labor and NOT reinvest it over seas or buy back stock

again I have to ask you IF you pay even one cent in US Income taxes how does it feel to work hard for that money then have to pay MORE in US Income taxes then Corporations making millions if not Billions in US Profits and NOT paying one cent in US Income taxes.
Have a nice evening

 

[Conservative]

The part about why the federal government has to subsidize red states more than blue states.

Another progressive totally ignorant of the fact that the federal tax dollars going to the red states fund federal mandates and expenses but as usual you ignore that the biggest blue state of them all, California gets the most federal tax dollars all again funding federal mandates and expenses. What is it about the left that ignores the reason for federal taxdollars going to the states?

Simply change the state to see what your state receives and tell me those are local state expenses?

https://www.nationalpriorities.org/smart/texas/

Absolutely stunning how you and others ignore this link and continue to promote the leftwing lies about red vs. blue states

 

[Kushinator]

Another progressive totally ignorant of the fact that the federal tax dollars going to the red states fund federal mandates and expenses but as usual you ignore that the biggest blue state of them all, California gets the most federal tax dollars all again funding federal mandates and expenses. What is it about the left that ignores the reason for federal taxdollars going to the states?

Simply change the state to see what your state receives and tell me those are local state expenses?

https://www.nationalpriorities.org/smart/texas/

Absolutely stunning how you and others ignore this link and continue to promote the leftwing lies about red vs. blue states

How are you so dense? The statement you're choosing to quote pertains to red states paying less into the Federal government then they receive in funding.

California has the same federal mandates... Still the state pays more to the government than it receives.

Blue states subsidize red states. This is simply a matter of fact.

 

[Conservative]

As the lawyers say, asked and answered. When some groups, like the rich and corporations, get tax-cuts that means that the tax burden needs to be made up by others, like the middle class. We already knew what the former House leaders wanted to do, Tax breaks for wealthy paid for with deep cuts to Medicare, Medicaid and Social Security. Thank the dear Lord that voters gave control to Democrats.

Tell us exactly what you perceive as the role of the Federal, state, and local governments? Seems the massive nanny state, class warfare, envy, and jealousy are right out of the socialist playbook so let's look at how successful your ideology is? Another opinion piece but since that is what you post I will counter

https://www.foxnews.com/opinion/david-webb-socialism-is-not-the-answer

 

[Conservative]

How are you so dense? The statement you're choosing to quote pertains to red states paying less into the Federal government then they receive in funding.

California has the same federal mandates... Still the state pays more to the government than it receives.

Blue states subsidize red states. This is simply a matter of fact.

Pretty dense apparently since I don't believe it is the citizens of the states responsibility to pay for federally mandated programs and federal expenses. Seems that blue states with all their high taxes being deducted from Federal Income Taxes are having their Federal responsibilities subsidized by low taxed Red states as Red State taxpayers don't have the high state and local tax deductions that the Blue states have

 

[Kushinator]

Pretty dense apparently since I don't believe it is the citizens of the states responsibility to pay for federally mandated programs and federal expenses.

Your opinion is of no consequence. There are many states that pay far more than they receive. Address the point, not the argument you are having with yourself.

Seems that blue states with all their high taxes being deducted from Federal Income Taxes are having their Federal responsibilities subsidized by low taxed Red states as Red State taxpayers don't have the high state and local tax deductions that the Blue states have

This doesn't even make sense. Even with state tax deductions, blue states still pay more into the federal government than they receive.

You refuse to acknowledge reality as it blows a hole into your little safe space. But even this gives you far too much credit... As I don't believe have the capability to comprehend what is being said.

 

[Conservative]

Your opinion is of no consequence. There are many states that pay far more than they receive. Address the point, not the argument you are having with yourself.



This doesn't even make sense. Even with state tax deductions, blue states still pay more into the federal government than they receive.

You refuse to acknowledge reality as it blows a hole into your little safe space. But even this gives you far too much credit... As I don't believe have the capability to comprehend what is being said.

Why does the amount matter and not the purpose? Deducting state and local taxes from your federal returns seems to be a foreign concept to you just like the purpose of those federal dollars going to the states. You continue to show that context doesn't matter to radicals. You continue to think more highly of yourself than reality dictates