Economy and the President
 

So how far into it does the current guy start getting credit? I credit this lack of change, and staying with Obama's course pretty much all Trump by now or pretty soon. Ineffective is also a path.

He hasn't done anything at all. Nothing. We are still riding Obama's wave.

It's amazing really. The economy was so horrible last year and although nothing has changed suddenly everything is magical.

Bullshit. Nothing has changed.

It takes time for the fuck up to reach you...reversing some laws may appear as good in the short term but in the long term it may have a very negative effect...

I have yet to see non US media praise trump for anything...does not look good long term IMO

The U6 rate is still 8.6. So A LONG ways to go on jobs. Getting Foxconn to commit to a plant in WI and MI will help. But there is a lot more things like that needed. The stock market rocketed since his Election day win. I'll give him credit for that. Its more so his rhetoric that has people optimistic, though his effort to reduce relations helps a lot there too.

We have had an amazing ecOnomy for several years now. No idea what metrics you watch.

Like anything that fat lump of shit could do will have any positive effect on anything...that's fucking funny. The only thing Trump wants to have a positive effect on is the money in his pockets during his latest money-making endeavor gone too far.

Economy is worst under Trump... People hanging on their money because of this fool...

The left will only give him credit if the economy tanks. Otherwise we'll be riding the Obama wave till 2024.

I think it is sort of obvious that he has done very little. Doing not much is good if the effect is positive.

Except they're not :1orglaugh You guys can't be serious spouting off this nonsense :1orglaugh

http://i.imgur.com/uiX6OoW.png

To me, a president owns the economy when they either 1. Do something big that can affect the economy. or 2. They have been in office for a little while (9-12 months).

Obama signed and enacted the stimulus and bailouts (although they got started under the Republican he continued and increased them) so he took ownership of the economy right out the gate. Trump hasn't done much. He killed a few regulations and gave some tax money to a few companies to save some jobs, but he hasn't done much other than talk up the economy (which can be good for it. I have always believed Presidents get too much credit for a good economy and too much blame for a bad one) so by default, I feel, the economy will really be his between now and the end of the year.

I agree. But did you miss the election? All Trump ranted about was jobs and unemployment, and how bad the economy was.

Been to the grocery store lately?
The state charged me 18% more to renew my license plate tabs for this year.
The stock markets have factored in a new tax rate that is unlikely to happen this year.
The US dollar index is down 7% in a month.
Interest rates on the U.S. 6 Month Treasury Bill have doubled -- interest rates are still low and with the value drop in the dollar index rate they will continue to rise.

If Trump wants to 'own' this economy -- go ahead...

? Stock Market is above 22,000 (all-time record)
? Consumer confidence is through the roof
? Unemployment at 16-year low
? ISIS has lost 80% of its territory
? Criminal alien immigration is down 70%
? MS-13 is being decimated
? Trans-Pacific Partnership & Paris Climate Accord flushed down the toilet 🚽
? Job-killing regulations slashed, across the board
? New, conservative Supreme Court Justice in place
? Cucks are triggered: whining & complaining non-stop
? Democrat Party in its weakest state since Reconstruction in the 1870s. They are so flustered, they've developed what I believe to be a severe form of Tourette Syndrome: "Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!".

So much bullshit and flat out lies in that list and you know it :1orglaugh That's a redhat wishlist :1orglaugh:1orglaugh

a trend that began during obama...trump called the same trend "disastrous" :1orglaugh

I am sure consumer confidence was through the roof before the 2008 meltdown too

Obama...

has nothing to do with trump...

domestic criminals will fill the void...means nothing...


some other gang will fill the void...

what the intelligent man is ashamed of, the stupid man is proud of...

you obviously do not understand how shareholder supremacy works...those jobs are never coming back...

Read up on that index. It means nothing.

It's up 0.55% That is too funny

Good you tackled it :thumbsup

Sure, but doesn't take away the fact that Trump's pro-business policies and upcoming tax reform is driving the market to a much higher rate than it was in the last 6 months of Obama's term - Thanks Trump :thumbsup



No, actually it was flat but now it's rising - Thanks Trump :thumbsup


Sure, but Trump is continuing that success - Thanks Trump :thumbsup

Probably, but no way ISIS will grow under Trump - Thanks Trump :thumbsup

Means nothing? No it means criminal illegals are down 70% - Thanks Trump :thumbsup


We'll see, but for now they are getting jailed and deported - Thanks Trump :thumbsup


Nobody thought the TPP was a good deal, even Hillary was for it before she was against it :1orglaugh


Oh you mean the multi-billion Foxconn facility in Michigan thats going to add 13,000 jobs thanks to President Donald Trump, and many more to come :thumbsup

Poll: 69 percent think economy is in 'good' shape

^ I guess you'll have to accept the CBS poll :1orglaugh

@ one hung lo

Trump is "Paul markhaming" he is pretending consequences can be cherry picked and taking short term gains from it but reality is about to catch up...I still don't believe he is responsible for most of the things but obama is
...

And yes, shareholder supremacy...investors want more return on their investment...high salaries are frowned upon...they will drop you and invest in high yield sweatshop or robot shit...you would too LOL...get real...those 13.000 foxcon jobs are a show pony...who knows what kind of concession trump made in return...

Human production in the USA is coming to an end...trump that LOL

...but the graph is impressive .... :1orglaugh:1orglaugh:1orglaugh

Yeah yeah..

Stock market up ...means nothing...
Employment rates up...means nothing...
Real estate up ...means nothing...
Illegal immigration down ...means nothing...
13,000 jobs from Foxconn ...means nothing...
Consumer confidence ...means nothing...



but what matters most is...














Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia! Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia! Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia! Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!

:1orglaugh

We will see won't we? LOL

Sentiment is normally a contrarian indicator. I am supporting that at some point we have to credit trump for not fucking it up. I just don't see this as a significant indicator.

I disagree. The lowest the U6 rate has been in the past ten years has been 7.9%.

U6 Unemployment Rate | MacroTrends

It could go two terms and most of those responding above wouldn't give Trump credit.

And I find 7.9 and 8.6% to be unacceptable.

Not sure if anyone has noticed but the US has entered a period of labor scarcity not surplus. We don't really need more jobs at any significant rate.