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Winning...the economy under Trump

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You are reading page 81 of Winning...the economy under Trump. If you want to start from the beginning Go to First Page.

2 hours ago, SC_RNDude said:

Choice A) unemployment stays at under 4%, economic growth continues at 3%, Donald Trump gets re-elected

Choice B) Bernie promises free college, Medicare for all, tons of cash for green energy. 2020 starts of with zero economic growth and 7% unemployment, which continues until Election Day. This leads to Dems sweeping the presidential and congressional elections.

A majority of Dems would gladly take choice B.

Thankfully such a binary choice is silly, unlikely and I wasted time even thinking about it.

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2 hours ago, SC_RNDude said:

Choice A) unemployment stays at under 4%, economic growth continues at 3%, Donald Trump gets re-elected

Choice B) Bernie promises free college, Medicare for all, tons of cash for green energy. 2020 starts of with zero economic growth and 7% unemployment, which continues until Election Day. This leads to Dems sweeping the presidential and congressional elections.

A majority of Dems would gladly take choice B.

I guess you have decided that Bernie Sanders will be the Democratic nominee.

No idea how you came to that conclusion, when the primaries are months away.

And somehow, you have predicted the performance of an imaginary economy.

Based on what?

The scenario makes no sense.

But it is all imaginary.

 

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6 hours ago, SC_RNDude said:

Choice A) unemployment stays at under 4%, economic growth continues at 3%, Donald Trump gets re-elected

Choice B) Bernie promises free college, Medicare for all, tons of cash for green energy. 2020 starts of with zero economic growth and 7% unemployment, which continues until Election Day. This leads to Dems sweeping the presidential and congressional elections.

A majority of Dems would gladly take choice B.

 

The choice is going to be between a Democratic candidate and a Republican candidate regardless.  

Whether people hope the economy crashes or not to get their man in is just a silly speculation that I'm not going to waste another second on since the economy runs itself and picking and A or B isn't an option in real life.

While we're in a dreamworld that makes no sense, how about unemployment stays at  or below 4%, economic growth continues to boom,  incomes rise, and Trump loses to who wins the Democratic nomination.  

 

 

Edited by Tweety

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Trump is an atypical president by virtually every measure. Might he break the longtime correlation between strong economies and presidents winning reelection come 2020?

People are giving Trump credit for the booming economy, but does this mean they will vote for him?   There seems to be some disconnect between the strong economy and Trump's approval ratings.  

He's got plenty of time to work on this.

https://www.cnn.com/2019/05/02/politics/donald-trump-economy-favorable-2020-election/

Edited by Tweety

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The economy and employment numbers have a healthy trend over the past 10 years.  We are hoping that Trump's policies don't tank the economy again, as GOP economic policy tends to do. 

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1 hour ago, toomuchbaloney said:

The economy and employment numbers have a healthy trend over the past 10 years.  We are hoping that Trump's policies don't tank the economy again, as GOP economic policy tends to do. 

As I’ve pointed out in this thread before, unemployment plateaued during the latter part of the last administration and economic growth numbers were never very good.

Remember when Obama told us all Trump didnt have a “magic wand” to make it all better?

Ill ask you the same question you asked me on another thread...Why lie and further damage your own credibility?

 

Edited by SC_RNDude
I

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5 hours ago, SC_RNDude said:

“The numbers: The U.S. created 263,000 new jobs in April to help drive the unemployment rate down to a 49-year low of 3.6%, the latest cue pointing to a rebound in the economy after a slow start in the new year.”

https://www.marketwatch.com/story/us-creates-263000-jobs-in-april-and-unemployment-falls-to-49-year-low-of-36-2019-05-03

I wish it was that robust everywhere. In my state, the lastest available figures are from March is 4.6% unemployment for the state, and our county is 5.2%. 

Don't wages usually rise when unemployment decreases? Or when there are large numbers of positions unfilled? 

 

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8 minutes ago, nursej22 said:

I wish it was that robust everywhere. In my state, the lastest available figures are from March is 4.6% unemployment for the state, and our county is 5.2%. 

Don't wages usually rise when unemployment decreases? Or when there are large numbers of positions unfilled? 

 

Per the article, wages are increasing faster then they have in a decade.

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57 minutes ago, SC_RNDude said:

Per the article, wages are increasing faster then they have in a decade.

I've read from more than one source that wages annual increase of 3 something percent held steady but didn't increase. This is good news because for a long time economists were a bit baffled at stagnant wages among low unemployment which is why a monthly increase of 0.2% would count as "increasing faster than they have in a decade", especially since the better part of the decade from recovering from real high unemployment and recession.

Also the lowering of the unemployment rate was bolstered by nearly 500,000 people leaving the workforce, including people looking for jobs.  

Also some fields declined...as we've noted there are winners and losers.  Retail for example is losing workers and not fairing well.

Still, the economy couldn't ask for a better report.  

 

Quote

Average hourly earnings growth held at 3.2% over the past year, a notch below Dow Jones estimates of 3.3%. The monthly gain was 0.2%, below the expected 0.3% increase, bringing the average to $27.77. The average work week also dropped 0.1 hours to 34.4 hours.

https://www.cnbc.com/2019/05/03/nonfarm-payrolls-april-2019.html

Edited by Tweety

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I have no idea why Trump supporters hold up economic numbers like a victory flag.

It should be a huge warning for them: The economy is in good shape, and yet the occupant if the WH has dismissal approval ratings.

Over 51% of Americans disapprove of Trump, and with a good economy, that is pathetic.

Most people can figure out that Trump 2020, is in big trouble.

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On 5/3/2019 at 8:47 AM, SC_RNDude said:

As I’ve pointed out in this thread before, unemployment plateaued during the latter part of the last administration and economic growth numbers were never very good.

Remember when Obama told us all Trump didnt have a “magic wand” to make it all better?

Ill ask you the same question you asked me on another thread...Why lie and further damage your own credibility?

 

What lie?

The growth trends were already in place when Trump was elected thanks to the economic and employment crash authored by the previous GOP president and those policies. By your reckoning, there should be a very visual indication of Trump changing the Obama employment trends. Could you point to the point where Obama's employment failures were turned around on this graphic?

Bureau of Labor Statistics

Maybe you aren't very good at discerning lies from reality in this perilous era of conmen, grifters, and charlatans. My credibility is fine.

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