Trump's Economy!!!!

[vantexan]

Just yesterday Trump was bragging about how he gave military personnel their largest pay increase ever. Only one problem. Military pay increases in both 2008 and 2009 were larger. All you have to do is to take a look at stock market activity over the last two weeks. The Fed has made it clear that between now and the end of next year it will raise interest rates 4 times and some traders are saying that next year you'll make as much off of 10 year Treasuries as you will from equities.
In addition there are growing expectations that the findings of the Mueller investigation will be turned over to Rosenstein some time after the mid terms and the end of the year. If the results are as bad as they appear it could add even more fuel to the recession fire.

Hope springs eternal.

 

[bottomups]

Hope springs eternal.

Lock him up!

 

[1989]

Obama's slow steady growth policies were avoiding the boom-bust cycle because there was no real boom. Democrats were following a pay-go policy with actual cuts in deficit spending. Economists and the market see it, even if you don't. Trump ushered us right back into boom-bust with massive budget deficits followed up with bad trade policies exacerbating the problems. That you think a president's economic policies have little effect shows ignorance, at best.

You haven’t followed the economy over the last 10 year, have you? We have had many complain that the unwinding of the fed policies will be worse than the housing crises. The fed was giving out free money and talking about the possibility of negative interest rates. Do you know what negative interest rates are? Man those were the real boom times, right?

 

[Brownslave688]

You haven’t followed the economy over the last 10 year, have you? We have had many complain that the unwinding of the fed policies will be worse than the housing crises. The fed was giving out free money and talking about the possibility of negative interest rates. Do you know what negative interest rates are? Man those were the real boom times, right?

The problem is everything was kept so low for so long.


It's one thing to try and stop the bleeding. It's dumb to leave it on past that though.

 

[BrownFlush]

The problem is everything was kept so low for so long.


It's one thing to try and stop the bleeding. It's dumb to leave it on past that though.

In the coming slow down, part of the problem will be John Q. Public getting used to things being normal.

 

[DriveInDriveOut]

We have had many complain that the unwinding of the fed policies will be worse than the housing crises.

The Fed raises rates slowly and signals their moves far in advance. The markets crave stability. The worst thing Trump could have done was removing Yellen. The only effect Trump ever has on the economy is creating volatility with his constant nonsense.

The guy is an idiot when it comes to the economy. He needs to stick to being the king of debt slum lord and keep his mouth shut.

 

[Brownslave688]

In the coming slow down, part of the problem will be John Q. Public getting used to things being normal.

Yep people now think 5-6 percent interest is expensive and will quit borrowing.

 

[DriveInDriveOut]

Yep people now think 5-6 percent interest is expensive and will quit borrowing.

Low rates jacked home prices way up. Lots of new pools and renovations in my area. People love to borrow from that imaginary equity.

 

[bacha29]

The Fed raises rates slowly and signals their moves far in advance. The markets crave stability. The worst thing Trump could have done was removing Yellen. The only effect Trump ever has on the economy is creating volatility with his constant nonsense.

The guy is an idiot when it comes to the economy. He needs to stick to bring the king of debt slum lord and keep his mouth shut.

He thinks that he can dictate Fed policy . Good luck with that. When Carter brought in Volcker to run the Fed Volcker said "Look I can bring inflation back under control but it will cost you a second term". Carter's reply?......"Do it".
People have tolerated Trump's behavior as long as the economy was growing and jobs were growing. Lets wait and see if they're still willing to tolerate him twp years from now if things aren't quite so rosy especially if the GOP succeeds in it's efforts to cut funding to key old age social programs and then pass the programs and the funding gaps back on to the states.

 

[BrownFlush]

He thinks that he can dictate Fed policy . Good luck with that.

George W. had Greenspan in his back pocket. The fall of 08 wasn't pretty.

 

[rickyb]

Obama's slow steady growth policies were avoiding the boom-bust cycle because there was no real boom. Democrats were following a pay-go policy with actual cuts in deficit spending. Economists and the market see it, even if you don't. Trump ushered us right back into boom-bust with massive budget deficits followed up with bad trade policies exacerbating the problems. That you think a president's economic policies have little effect shows ignorance, at best.

obama was terrible for the economy. as was clinton, bush, bush, reagan, etc.

obama pushed austerity, banker bail outs, job killing trade policies, and foreclosures, student debt.

 

[bacha29]

obama was terrible for the economy. as was clinton, bush, bush, reagan, etc.

obama pushed austerity, banker bail outs, job killing trade policies, and foreclosures, student debt.

Think so? Take a look at the news out this AM. The stock of 50% of all companies that went public in the last 6 months is trading BELOW it's IPO price. It's Trump's baby now and the markets are reacting almost exclusively to his policies.

 

[rickyb]

Think so? Take a look at the news out this AM. The stock of 50% of all companies that went public in the last 6 months is trading BELOW it's IPO price. It's Trump's baby now and the markets are reacting almost exclusively to his policies.

stock market means nothing to most people. its just propaganda. very few people own most of the stock market.

 

[bacha29]

stock market means nothing to most people. its just propaganda. very few people own most of the stock market.

But they are often the most negatively impacted when the market goes down and interest rates go up.

 

[Jkloc420]

He thinks that he can dictate Fed policy . Good luck with that. When Carter brought in Volcker to run the Fed Volcker said "Look I can bring inflation back under control but it will cost you a second term". Carter's reply?......"Do it".
People have tolerated Trump's behavior as long as the economy was growing and jobs were growing. Lets wait and see if they're still willing to tolerate him twp years from now if things aren't quite so rosy especially if the GOP succeeds in it's efforts to cut funding to key old age social programs and then pass the programs and the funding gaps back on to the states.

cut them

 

[rickyb]

But they are often the most negatively impacted when the market goes down and interest rates go up.

i have no idea and who cares. id imagine interest rates will pop the stock bubble

 

[bbsam]

Higher interest rates and high inflation are a direct result of all cheap money pumped into the economy during the oboma years. This entire recovery has been built on egg shells.

Analyst who predicted the 2008 crash warns of bubble brewing in U.S. household wealth

The economy is cyclical is the point. what a sitting president does has little effect on that and fiscal policy results are often not seen for years down the road.

Do I love everything Trump is doing? No.

But a recession won't be his fault either. We are simply due for one and there's a massive bubble that's ready to pop. Blaming Trump is ignorant at best.

It sure sounded like you were ready to blame Obama for the coming recession.

Tax cuts in an economy already flush with cheap money was a sugar high that the US will soon experience a crash from.

 

[Brownslave688]

It sure sounded like you were ready to blame Obama for the coming recession.

Tax cuts in an economy already flush with cheap money was a sugar high that the US will soon experience a crash from.

Recessions happen. Obama, the fed and all their free money, the tax cuts, blame whatever you want. They've all had their part in the severity of what we will see.

Look at the chart in the article I linked. We've done nothing but go from huge boom to huge bust for the last 2 decades. A number of people hold the blame for that.

 

[1989]

Think so? Take a look at the news out this AM. The stock of 50% of all companies that went public in the last 6 months is trading BELOW it's IPO price. It's Trump's baby now and the markets are reacting almost exclusively to his policies.

Wall Street and Main Street are not the same thing. Don’t confuse the two.

 

[Brownslave688]

Think so? Take a look at the news out this AM. The stock of 50% of all companies that went public in the last 6 months is trading BELOW it's IPO price. It's Trump's baby now and the markets are reacting almost exclusively to his policies.

IPO over the last 6 months is your measuring stick?????



LMAO