Wow, $21,824,000,000,000 already.

$22 trillion might be too low!

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I was right.

Well beings that Obummer was at 20 Trillion when he left office.....

He racked up $9.3 trillion in debt!

IDIOT!

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The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Edited: 12/03/2018 at 02:25 PM by Fish Killer

Obama had to spend to save the country from the Great Recession; banks, housing, automobiles, all failing...then the third longest economic expansion in US history.

Trump; a good economy, a good housing market, decent home sales and yet the debt still explodes. $2 trillion in one and a half fiscal years and it is accelerating.

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I was right.

BULLSHIT!

Trump had to overcome Obama's total loss economy...that was in SHAMBLES...headed for the CRAPPER!!

The economy had to be stripped and Trump had to reverse almost EVERY POS thing that Obummer did!

FOOL!



-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Edited: 12/03/2018 at 03:27 PM by Fish Killer

How does a good economy and growing debt support a revenue decrease in taxes?

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

How do you call an economy 'good' that has 2% (or less) growth?

You cant!

Idiot!

-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Edited: 12/03/2018 at 03:59 PM by Fish Killer

Moderate and steady with no real issues is now a bad thing?

So much for conservatism.

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I was right.

Ummmm...yeah....when the economy doesn't keep up with inflation or actually ANYTHING!

It wasn't 'moderate'!~

LIAR!

It was below 'SLOW'.

So says ALL of the economists!

IDIOT!

It's not self-sustaining!

-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Edited: 12/04/2018 at 04:05 AM by Fish Killer

There was minimal to no inflation, hence the low interest rates.

Zero is no growth, 2.5 is moderate, 5 is fast.

Fool. Do you ever know what you are talking about?

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I was right.

Unemployment went from ten to five, the stock market gained 10,000, housing added millions, the auto industry thrived, corporations were making record profits and the economy continued to expand.

So where is all this economic horror you are talking about?

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I was right.

Yo....ASSHOLE....

The scumbag you called Obama couldn't get our economy over 3%...EVER!

He hovered around 2%!

Thats NOT enough to sustain us!

IDIOT!



-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Thats NOT enough to sustain us!

Obviously it is, look at the expansion data.

And dunderhead, have you bothered to look at Trump's growth average over the last two years?


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I was right.

Info from the right leaning Forbes magazine.

http://www.forbes.com/sites/ch...esidency/#2d4a6b4c1283

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I was right.

I love your cherry picked date of posting!

You're a serious IDIOT!

http://www.wvgazettemail.com/opinion/daily_mail_opinion/commentary/chris-stansbury-trump-has-economic-record-to-be-proud-of/article_4a30fce3-79e3-5373-bf80-d1d967bc9545.html

http://www.washingtonpost.com/...tm_term=.62f7fb2c5d41

http://townhall.com/tipsheet/m...-last-quarter-n2536643

-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Edited: 12/04/2018 at 06:38 AM by Fish Killer

Obama AND his economy....SUCKED!

FACT!

IDIOT!

-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Your really are an idiot.

From your link:

How Trump's economy looks similar to Obama's

Trump's economic track record in his first year in office looks similar to Obama's final years in office when you look at the key metrics of jobs, growth and wages. The economy added 2.1 million jobs in 2017, a bit slower than the 2.2 million in 2016 and 2.5 million in 2015. (Given how low unemployment is, economists say any number over 2 million is very healthy at this stage of the recovery).

When it comes to growth, the economy expanded at 2.3 percent last year. That is on par with 1.5 percent growth in 2016, 2.9 percent in 2015 and 2.6 percent in 2014. The stock market, another metric Trump likes to point to, has also been rising steadily since 2009.

As for pay, wages in January were 2.9 percent higher than a year ago, outpacing gains made during the Obama years. It is welcome news, but nonpartisan experts are reminding everyone that one data point is not a trend.

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I was right.

And fool, what is Trump growth average as of right now?

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I was right.

Yo...IDIOT...

It took Trump a year to fix Obama's MESS!



-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

It's been two years and one of those was a four percent anomaly.

Try again fool.

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I was right.

Yo...IDIOT...

You didn't read it all:

How the Trump economy is different

But there are two clear areas where the economy has improved since Trump won the election: Sentiment is up, and business investment is up.

Right or wrong, people feel better about the economy now. It shows in polls: 66 percent rate the economy as "excellent"

or "good," according to a recent Quinnipiac poll. It also shows in the data Wall Street follows. The University of Michigan Consumer Sentiment Index is at a 17-year high, and the NFIB Small Business Optimism Index is at the highest levels since Ronald Reagan was president.

The bump in sentiment has yet to trigger a massive rise in spending, but the fact that Americans are saving at the lowest rate since before the financial crisis indicates some people are already consuming at their limits.

What has changed is businesses are opening their wallets. Chief executives are buying more equipment, new computers and software and investing in research. Business investment (dubbed "nonresidential fixed investment") rose 4.7 percent last year, according to the Bureau of Economic Analysis, a big jump from the year before when business investment was flat.

"Firms think growth is going to pick up. They are feeling more optimistic, and that's why they are investing more today," says Neil Dutta, head of U.S. economics at Renaissance Macro Research.

Corporate leaders like JPMorgan's Jamie Dimon are quick to say businesses are reacting favorably to Trump's regulatory rollback and massive corporate tax cuts. Economists are a bit more measured on who gets credit.

"The election coincided at the front edge of a cyclical upturn in the global economy. Europe, Japan, Canada, they've all seen growth too," Dutta says.

Ellen Zentner, chief U.S. economist at Morgan Stanley, agrees a lot of the shift in business spending is due to a rebounding world economy, including higher oil prices. "Now we're layering on top of that the recent tax policy changes. It's piling positives on top of positives," she said.

Strong momentum at start of 2018

Zentner's team created an index that tracks how much businesses are likely to spend in coming months. It is called the Capex Plans Index, and it is sitting at an all-time high, the best reading since the index began in 2005.

"It points to an incredible amount of optimism in the new year," she says.

There is a lot of momentum in the U.S. and global economy. The hope is low unemployment will force companies to raise wages as they compete to hire and keep good workers. There is also hope more business spending will lead to more productive factories and offices, and that, too, will propel growth and higher wages. (The economy will also have to adjust to rollbacks on worker protections).

Trump has set a high bar. He and his team say 3 percent growth is a must. Rajeev Dhawan, a noted forecaster and economist from the Georgia State University, says the signs he is seeing are consistent with healthy growth of 2.5 percent or so, but it will be tough to hit the levels Trump wants.

"If you want higher growth, you'll need to have higher capital spending," Dhawan says. "If you want 4 percent growth rates, you need to have Capex almost twice the rate of what we did last quarter."

Business investment was double where it is now in the boom years of the late 1990s, Dhawan notes. He thinks the tax cuts will help encourage investment, but, like many economists, he says presidents usually get too much credit for the economy, whether it is soaring or contracting.

While Democrats have tried to make the case any good economic data is due to Obama, that narrative will probably have to shift in 2018. Now that Republicans have passed a major tax bill, it is the Trump economy now, for better or worse.

For all the debate over the Trump vs. Obama economies, two big questions remain: Will wages finally rise above 3 percent? And is America prepared for the robot and artificial intelligence revolution?

"If this were a rational world, we would have presidential commissions and congressional hearings and a profound public debate over the AI economy" says Brusuelas of RSM. "Instead, we just get tit-for-tat over who deserves credit for the latest economic data."

-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.