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re: Trump's 1st economic report card: Slowest growth in 3 years

Posted on 4/28/17 at 2:28 pm to
Posted by mostbesttigerfanever
TD platinum member suite in TS
Member since Jan 2010
5016 posts
Posted on 4/28/17 at 2:28 pm to
markets are leading indicators, but good try and fail anyway
Posted by Seldom Seen
Member since Feb 2016
40202 posts
Posted on 4/28/17 at 2:38 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123942 posts
Posted on 4/28/17 at 2:40 pm to
quote:

Stock market growth is the 3rd highest of any president's first 100 days (going back to Ike).
DJIA = up ~1000pts since inauguration, but up ~3000pts since the election.
This post was edited on 4/28/17 at 2:41 pm
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
14857 posts
Posted on 4/28/17 at 5:45 pm to
quote:

You do know it was the Dems who forced banks to give low income people loans that they could not afford, right? The aim was that every American would have a house.


Pretty sure I adressed how Republicans drove the economy into a ditch.


quote:

Yet, here you are in a thread criticizing Trump in his first 100 days.


Link?
Posted by Mulat
Avalon Bch, FL
Member since Sep 2010
17517 posts
Posted on 4/28/17 at 5:49 pm to
quote:

It was the slowest quarter of growth since the first quarter of 2014.


You think he can change the direction of the economy in less than 100 days?

And you think we call him God Emperor
Posted by Bison
Truth or Consequences
Member since Dec 2016
1236 posts
Posted on 4/28/17 at 5:49 pm to
why would you want to change the direction of an economy that is already in a cycle of growth?
This post was edited on 4/28/17 at 5:51 pm
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/28/17 at 5:51 pm to
quote:

ib4 they claim the numbers are fake.




No idiot, they are for the first 3 months of the year, the first 3 weeks which were before the inauguration and most of the rest spent with the dems in the senate beating off instead of approving of the cabinet.

You people are absolute kooks.

WTF do you think obama was doing to promote economic growth? This should be hilarious.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123942 posts
Posted on 4/28/17 at 5:53 pm to
quote:

It was the slowest quarter of growth since the first quarter of 2014.
At the obama peak
Posted by DawgsLife
Member since Jun 2013
58915 posts
Posted on 4/28/17 at 5:58 pm to
quote:

Pretty sure I adressed how Republicans drove the economy into a ditch.



No you didn't. You made a statement. And it was wrong. here is what you said:
by forcing democrats to be in charge 15 years earlier and make banks to give loans to low income people with no credit or bad credit.
1. How did the GOP FORCE the Democrats to be in charge, pray tell?
2. It was the Dems who embarked on the "Everybody should have a house" mantra that lead to people who could not afford loans getting them.
You honestly don't remember, or are you being obtuse?

quote:

Yet, here you are in a thread criticizing Trump in his first 100 days.



Link?


Seriously? This is a thread criticizing Trump is it not? And are you denying that you are posting in it?
Posted by DawgsLife
Member since Jun 2013
58915 posts
Posted on 4/28/17 at 6:01 pm to
quote:

Pretty sure I adressed how Republicans drove the economy into a ditch.


Let me help your memory out:

Clinton, however, sowed the seeds of the Great Recession by helping to inflate the housing bubble, a key part of the financial debacle of 2007. But this wasn’t because he (not George W. Bush) signed two financial deregulation bills.

https://reason.com/archives/2012/10/14/clintons-legacy-the-financial-and-housin

This explains Clinton's Mortgage deregulation bill

ETA
One more
LINK

The origin of the subprime mortgage blowout that sparked the financial crisis of 2008 and 2009 goes back to the Clinton administration, says former Sen. Phil Gramm, R-Texas.

In 1992, then-presidential candidate Bill Clinton recommended using private pension funds to "'invest' in government priorities, such as affordable housing, to 'generate long-term, broad-based economic benefits,'" Gramm, now senior partner at US Policy Metrics, and Mike Solon, a partner at US Policy Metrics, write in The Wall Street Journal.
This post was edited on 4/28/17 at 6:04 pm
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
14857 posts
Posted on 4/28/17 at 7:39 pm to
quote:

How did the GOP FORCE the Democrats to be in charge, pray tell?




Have you checked the oil in your sarcasm detector?
Posted by rsbd
banks of the Mississippi
Member since Jan 2007
22171 posts
Posted on 4/28/17 at 7:55 pm to
Oprah's fault, she got that turd elected
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64366 posts
Posted on 4/28/17 at 7:57 pm to
He inherited the Obama economy...right?
Posted by ManBearTiger
BRLA
Member since Jun 2007
21848 posts
Posted on 4/28/17 at 8:31 pm to
quote:

ib4 they claim the numbers are fake.
nah, they're just starting to actually reflect reality now that Obungle is out of the picture
This post was edited on 4/28/17 at 8:32 pm
Posted by Quidam65
Q Continuum
Member since Jun 2010
19309 posts
Posted on 4/28/17 at 9:00 pm to
quote:

Coal plant closures since November


The Arizona plant is actually the victim of California liberal politics. It was selling its output to California utilities--until California passed a law prohibiting utilities from purchasing power from coal-fired plants.

LINK /
Posted by The First Cut
Member since Apr 2012
13970 posts
Posted on 4/28/17 at 9:23 pm to
quote:

why would you want to change the direction of an economy that is already in a cycle of growth?


Good grief. It was and still is in a growth cycle - a very anemic one. <2% growth won't sustain sufficient (quality) job creation.
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64366 posts
Posted on 4/28/17 at 9:24 pm to
Those wacky winter blues a want
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 4/29/17 at 2:09 am to
quote:


The Arizona plant is actually the victim of California liberal politics. It was selling its output to California utilities--until California passed a law prohibiting utilities from purchasing power from coal-fired plants.


A law which Californians supported.. aka the market spoke
Posted by DawgsLife
Member since Jun 2013
58915 posts
Posted on 4/29/17 at 6:34 am to
quote:

Have you checked the oil in your sarcasm detector?



I noticed a strange smell and smoke coming from somewhere. I was wondering. I am ashamed that my sarcasm meter did not pick it up, though.

My bad and my apologies!
Posted by DawgsLife
Member since Jun 2013
58915 posts
Posted on 4/29/17 at 6:37 am to
quote:

The Arizona plant is actually the victim of California liberal politics. It was selling its output to California utilities--until California passed a law prohibiting utilities from purchasing power from coal-fired plants.



A law which Californians supported.. aka the market spoke


Californians wanted Hillary as president.
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