Trump economy not going gangbusters

O

Oneuli

Verified User
Teflon Don said:
https://finance.yahoo.com

#MAGA
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Note, this is posted here, since Teflon Don was afraid to debate and used a thread ban to keep people out of his thread.

So far, GDP growth on Trump's watch has been below average. Specifically, real GDP growth has averaged 2.69% annualized, whereas the pre-Trump average annual real GDP growth, going back to the start of the Fed's data series, was 3.15%.

Ordinarily, I'd be inclined to be satisfied with somewhat below average performance like that, in light of demographic challenges (the aging of the Boomers, specifically). But right now federal budget deficits are being increased at a stomach churning rate, which should mean a lot of stimulus. Why such lackluster performance even at a time when we're mortgaging our future?
 
Oneuli said:
Note, this is posted here, since Teflon Don was afraid to debate and used a thread ban to keep people out of his thread.

So far, GDP growth on Trump's watch has been below average. Specifically, real GDP growth has averaged 2.69% annualized, whereas the pre-Trump average annual real GDP growth, going back to the start of the Fed's data series, was 3.15%.

Ordinarily, I'd be inclined to be satisfied with somewhat below average performance like that, in light of demographic challenges (the aging of the Boomers, specifically). But right now federal budget deficits are being increased at a stomach churning rate, which should mean a lot of stimulus. Why such lackluster performance even at a time when we're mortgaging our future?
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It’s disappointing because the tax cuts were suppose to increase the GDP to 4-6% according to Trump.
 
Phantasmal said:
It’s disappointing because the tax cuts were suppose to increase the GDP to 4-6% according to Trump.
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We're nowhere close right now, and yet the deficit hit is proving every bit as heavy has the critics of the cut predicted. Cuts like this tend to be disappointing, since such a large share of their benefit goes to such a small share of the population. That just doesn't spur productivity gains the way it would to spread that wealth more broadly.
 
Oneuli said:
Note, this is posted here, since Teflon Don was afraid to debate and used a thread ban to keep people out of his thread.

So far, GDP growth on Trump's watch has been below average. Specifically, real GDP growth has averaged 2.69% annualized, whereas the pre-Trump average annual real GDP growth, going back to the start of the Fed's data series, was 3.15%.

Ordinarily, I'd be inclined to be satisfied with somewhat below average performance like that, in light of demographic challenges (the aging of the Boomers, specifically). But right now federal budget deficits are being increased at a stomach churning rate, which should mean a lot of stimulus. Why such lackluster performance even at a time when we're mortgaging our future?
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DOW north of 25,000. Shareholder value increasing. Where's the Problem?
 
Oneuli said:
Note, this is posted here, since Teflon Don was afraid to debate and used a thread ban to keep people out of his thread.

So far, GDP growth on Trump's watch has been below average. Specifically, real GDP growth has averaged 2.69% annualized, whereas the pre-Trump average annual real GDP growth, going back to the start of the Fed's data series, was 3.15%.

Ordinarily, I'd be inclined to be satisfied with somewhat below average performance like that, in light of demographic challenges (the aging of the Boomers, specifically). But right now federal budget deficits are being increased at a stomach churning rate, which should mean a lot of stimulus. Why such lackluster performance even at a time when we're mortgaging our future?
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We should be taking steps to cut back the deficit for the inevitable downturn, not make it larger. We're so short-sighted; everyone's happy about low unemployment and bullish markets.... no one wants to look down the road at the Mack truck speeding in our direction.
 
ThatOwlWoman said:
We should be taking steps to cut back the deficit for the inevitable downturn, not make it larger. We're so short-sighted; everyone's happy about low unemployment and bullish markets.... no one wants to look down the road at the Mack truck speeding in our direction.
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Investors buy Bonds for the tough times. Treasury Bills, Notes, and Bonds are safe. Real Estate is always a good inflation hedge.
 
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HAIL OBAMA FOR OUR BOOMING ECONOMY!​

After being handed this amazing economic boom, Trump is finding ways to screw it up.​
 
Jack said:
:)

For some reason, the worker drones don't seem to be avid investors?
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It’s hard for the worker drones, especially when you barely make enough to live. We were worker drones, but we had a good income and we lived within our means.
 
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