Are we finally out of the Obama economy?

Darth, you talked down the economy for years - even as the market tripled, and we got back to pretty close to full employment...despite Obama inheriting one of the worst crashes in recent history, courtesy of the last Republican you voted for.

But, regardless - Trump now owns the economy, so you don't need to worry about that. He owns all of it, including the market & inflation.
 
archives said:
Inflation is creeping up because there is to much money in circulation, dumb tax cut, not necessarily cost push, and if you think it is so good I'd like to see you explain that to those senior citizens, many Trumpkins, who are living on fixed incomes
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What would you say to seniors on fixed incomes who just went through eight years of QE?
 
Thing1 said:
Darth, you talked down the economy for years - even as the market tripled, and we got back to pretty close to full employment...despite Obama inheriting one of the worst crashes in recent history, courtesy of the last Republican you voted for.

But, regardless - Trump now owns the economy, so you don't need to worry about that. He owns all of it, including the market & inflation.
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Why stop there, Thing?

Trump owns all the numbers. And voters are starting to realize it.
 
Darth Omar said:
Why stop there, Thing?

Trump owns all the numbers. And voters are starting to realize it.[/QUOTE]

You've spoken to them, have you?

I have too. They're also starting to realize that Trump is a compulsive liar whose admin is lacking in qualified people because he only values loyalty, and who doesn't understand policy.
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Darth Omar said:
More good news for Main Street is more bad news for Wall Street.

U.S. inflation came in at 2.1% in January compared with a year earlier, another sign that wages are rising for workers. The rise in consumer prices was higher than economists expected.

In the big picture, it's a welcome sign that reflects the health of the economy. Wages and prices have been stagnant for years following the Great Recession, even as unemployment has fallen and millions of jobs have been created added.

http://money.cnn.com/2018/02/14/news/economy/us-inflation/index.html
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CNN dutifully lets Obama off the hook lol.

But now that the Obama economy has been reversed, it’s good news/ bad news: good news for workers and bad news for the Market. The Market will probably be volatile in the short term but working class voters are going to like it.

And ‘working class’ subsumes race and gender. Unless they aren’t working, but that’s another issue.
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why did they hold steady fool?
 
Takes longer than this. Trump took credit for the stockmarket from day 1. That is who Trump is. It took a year to get his tax mess enacted. The impact of that will not be felt for a while. Getting a couple bucks in your check, for most people, will not do much. Corporate leaders are playing it well, to help Trump. Some are giving out bonuses. Yeah, that will last forever. Some tossing small raises at employees. Why not, Trump gave them millions. They know how to play the people. 2018 in coming.

Trump has allowed restaurants to get into employee tip jars. That makes sense? The lowest paid workers will get cheated again.

Yeah, food stamps again. Most of those people have jobs. They just do not pay a living wage.Walmart gives employees instructions in how to get government help. They will not pay them enough, so they will allow tax payers to make up the difference.
 
Thing1 said:
Darth Omar said:
Why stop there, Thing?

Trump owns all the numbers. And voters are starting to realize it.[/QUOTE]

You've spoken to them, have you?

I have too. They're also starting to realize that Trump is a compulsive liar whose admin is lacking in qualified people because he only values loyalty, and who doesn't understand policy.
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I notice JPP libs have gotten away from posting about poll numbers lately lol.
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Nordberg said:
Takes longer than this. Trump took credit for the stockmarket from day 1. That is who Trump is. It took a year to get his tax mess enacted. The impact of that will not be felt for a while. Getting a couple bucks in your check, for most people, will not do much. Corporate leaders are playing it well, to help Trump. Some are giving out bonuses. Yeah, that will last forever. Some tossing small raises at employees. Why not, Trump gave them millions. They know how to play the people. 2018 in coming.

Trump has allowed restaurants to get into employee tip jars. That makes sense? The lowest paid workers will get cheated again.

Yeah, food stamps again. Most of those people have jobs. They just do not pay a living wage.Walmart gives employees instructions in how to get government help. They will not pay them enough, so they will allow tax payers to make up the difference.
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Walmart has been giving steady raises, as well as bonuses. You forgot Trumps de-regulation that do take effect immediately. It's tough to measure but the GDP numbers look good
 
Trump is a Republican on steroids. The last few Republican leaders jacked up the deficits and ruined the economy. Trump is showing us how high deficits can go. Spending a shit pile of money can create a fictional burst to the economy. It will blow up in the end. The deficits will be astronomical.
 
Thing1 said:
Darth Omar said:
Works both ways, Darth. You avoid them at all costs when he's down, and call them fake news.

But, naturally, you love them today.

Let's get you on record: are the approval polls a good & accurate gauge of how the President is doing?
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You asked me how I knew how voters were thinking so I brought up the poll numbers which have tightened on the generic ballot. I don’t make predictions like you birds do lol.

My point is *the trend* should give democrats pause, not that republicans are a shoe in for keeping the House. Whereas you consistently imply [at minimum] that republicans are screwed in 2018 because Trump said or did yada yada yada.

I’m inclined to think voters will be more tuned in to results.
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Darth Omar said:
Thing1 said:
You asked me how I knew how voters were thinking so I brought up the poll numbers which have tightened on the generic ballot. I don’t make predictions like you birds do lol.

My point is *the trend* should give democrats pause, not that republicans are a shoe in for keeping the House. Whereas you consistently imply [at minimum] that republicans are screwed in 2018 because Trump said or did yada yada yada.

Whereas, I’m more inclined to think voters will be more tuned in to results.
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That was an excellent non-answer answer. Congrats.
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Thing1 said:
Darth Omar said:
That was an excellent non-answer answer. Congrats.
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Ok lol.

Are poll numbers accurate indicators of how a president is doing?

That’s an interesting question. Recall that Obama had good approval numbers yet his policies weren’t all that popular. See: the two midterm shellackings.

But with Trump, it seems just the opposite phenomenon is in effect: his policies are more popular than he is.

What would you deduce from that, vis a vis the coming midterms?
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Darth Omar said:
Thing1 said:
Ok lol.

Are poll numbers accurate indicators of how a president is doing?

That’s an interesting question. Recall that Obama had good approval numbers yet his policies weren’t all that popular. See: the two midterm shellackings.

But with Trump, it seems just the opposite phenomenon is in effect: his policies are more popular than he is.

What would you deduce from that, vis a vis the coming midterms?
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Still a great non-answer answer.

I'd deduce from that what I'd deduce based on decades of American political history: with a few notable exceptions, the party out of power makes gains in the midterms.

One of the reasons I see the Dems picking up seats this year. Another is that Democrats have out-performed historical results - often by significant percentages - in every special election since Trump was elected.

I think disgust w/ Trump is real. I think Americans want checks & balances, especially now. I think liberals are more energized than they have been in many years, and that this can be gauged by the spike in candidate recruitment throughout the country since Trump was elected.

I have been telling liberals that it's okay to be happy about the economy. I think people can be pleased about how it's going, and still be dismayed by Trump and want to send a message about that at the ballot box. I'm thrilled about the economy, but also think there is an excellent chance of Dems retaking the House. I don't think those thoughts are mutually exclusive.
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Thing1 said:
Darth Omar said:
Still a great non-answer answer.

I'd deduce from that what I'd deduce based on decades of American political history: with a few notable exceptions, the party out of power makes gains in the midterms.

One of the reasons I see the Dems picking up seats this year. Another is that Democrats have out-performed historical results - often by significant percentages - in every special election since Trump was elected.

I think disgust w/ Trump is real. I think Americans want checks & balances, especially now. I think liberals are more energized than they have been in many years, and that this can be gauged by the spike in candidate recruitment throughout the country since Trump was elected.

I have been telling liberals that it's okay to be happy about the economy. I think people can be pleased about how it's going, and still be dismayed by Trump and want to send a message about that at the ballot box. I'm thrilled about the economy, but also think there is an excellent chance of Dems retaking the House. I don't think those thoughts are mutually exclusive.
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But the dem’s 15 point lead in the generic ballot has evaporated.

They got burnt on the shutdown for putting illegal immigrants ahead of the budget and they basically lied about the tax bill with some of their over the top histrionics [Pelosi said people would die lol or something equally absurd] and the economy is doing well.

You’re saying democrats should just keep hammering at Trump?
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