When is Enough ,Enough?

[Giantone]

Originally Posted by mooby

Brexit hasn't even gone into effect yet, and won't for at least another year. So yeah...

Also, as for your economy statement, I am absolutely not sitting here saying Trump hasn't improved the economy.

All I'm saying is every other sin is forgiveable to you/his fanbase as long as the economy improves.

Chico , Brexit???


Lets look at trump s hiring.............

Donald Trump: Boeing Factory Announced Layoffs



Final round of layoffs planned at Carrier plant Trump promised to save - Story | WTXF


Wall Street.
https://www.npr.org/2017/07/20/53835...-a-trump-rally
From July


"But there are other forces driving the stock rally "that are not attributable to Trump, at all," Siegel says. One is faster global growth. That, combined with a recent decline in the value of the dollar, has sparked more demand for U.S. goods abroad, helping boost U.S. company profits.

"Almost 40 percent of the profits of S&P 500 companies come from abroad," Siegel says. So, a stronger global economy is boosting U.S. stock prices.

U.S. growth is still sluggish — a 1.4 percent rate in the first quarter — and far below the Trump administration's goal of 3 percent.

[CRedskinsRule]

Originally Posted by Giantone

Chico , Brexit???


Lets look at trump s hiring.............

Donald Trump: Boeing Factory Announced Layoffs



Final round of layoffs planned at Carrier plant Trump promised to save - Story | WTXF


Wall Street.
https://www.npr.org/2017/07/20/53835...-a-trump-rally
From July


"But there are other forces driving the stock rally "that are not attributable to Trump, at all," Siegel says. One is faster global growth. That, combined with a recent decline in the value of the dollar, has sparked more demand for U.S. goods abroad, helping boost U.S. company profits.

"Almost 40 percent of the profits of S&P 500 companies come from abroad," Siegel says. So, a stronger global economy is boosting U.S. stock prices.

U.S. growth is still sluggish — a 1.4 percent rate in the first quarter — and far below the Trump administration's goal of 3 percent.

So the first quarter was 1.4%, and we all agree that Trump didn't take office till mid January, so not much chance of an impact.

The 2nd quarter - maybe a little impact? -

U.S. economic growth revised up to 3.1% rate in Q2. WASHINGTON — The U.S. economy grew at an upgraded annual rate of 3.1% in the spring, the fastest pace in more than two years. But growth is expected to slow sharply this quarter in the wake of a string of devastating hurricanes.Sep 28, 2017
U.S. economic growth revised up to 3.1% rate in Q2 - USA Today
https://www.usatoday.com/story/money....../711674001/

The 3rd quarter - still some maybe, but like the quote says, expect it to slow because of the hurricanes -

First reading on third-quarter GDP up 3.0%, vs 2.5% rise expected

The last 4 years of Pres. Obama's tenure, the real growth was 2012 : 2.2%, 2013 : 1.7%, 14 : 2.4% 15:2.6% 16: 1.6%.

Is Trump fully responsible, of course not, but if the economy was in the dumps I know that without a doubt, the spin would be Pres. Obama had a stable economy in place and Trump ruined it.

I do think Pres Obama and the Republican congress, and of course the Fed Reserve, kept the economy on a low growth even keel trend. I believe, based on my understanding of how Pres Obama often described the economy, that he believes that a slower growth course is best, and I think that corporate decision makers knew that. I believe they also know that Trump wants to see more extensive growth, and they are acting on that belief, and expectation that the economy will be allowed to grow more robustly under a Trump administration then was allowed under the Obama administration.