Is he telling the truth? 'The Economy is Great!'

is he telling the truth? 'The Economy is Great!'

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the love of money is the root of all evil

Maybe for shitskins, the majority of younger white americans are still dying from drugs. Most of the new jobs went to immigrants.

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the high frequency trading algorithms are reaping unprecedented unearned profit. the foreign megacorporations are raking in the profit from chinese goods. it has never been a better time to be a barista, or a slave

Not when you consider the Feds latest statement, whether this slow down will drip down on his voters before 2020 is another question.

Only gains this next year will be emerging markets.

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Absolutely not. It's artificially propped up. Anyone who owns stock or property right now is jumpy because of what happened in December. The Fed froze rates, but the DOW is still falling. The stock markets are swinging wildly.

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Agreed. The only safe place for investment at the moment is cash, everything else is volatile.

The economy is not great.

The Fed won't raise interest rates because the projection for GDP growth is down to 1.9 for 2020.

Trump is a fuck up.
In General the Pres doesn't have much to do with the economy, but this moron added trillions of liquidity to the market in the form of a tax break at a time when demand was still low, but he didn't give it to the demand side. That's stupid.

The trade war is another, not because a trade deficit - which grew under Trump - is a bad thing, but because uncertainty lowers both demand and future investment.

The bigger problem is the morons he has put in positions of power. I know you white supremacists and anti-globalists think you are doing the right thing, but any change makes for instability.

The problem isn't the destination of anti-globalism, with which I agree; the problem is the path to it. If you tank the world economy, the game ends with the globalists with the winning hand. They don't need workers in their much smaller economy.

So no. The economy is not great, and having that lying blowhard moron say it is and Trumptards believe it is just more evidence of the stupidity of Trump's rubes....

The real unemployment numbers are over 20%

For wall st, billionares, and jews, sure. Trump cares more about the feelings of jews than the well being of Americans.

Much better than it was during the 8 years of King Nigger

It's great if you look at the 3 trillion that was added to the exchange. But that doesn't trickle down in any meaningful way. It just means we starved off a collapse by a few years.

You suck nigger dick. You're mother is a coal burning mudshark.

Tax break was great for me.

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>Trump cares more about the feelings of jews than the well being of Americans.

Youre the dumbest nigger here if you think that.

Jesus man, get a grip...youre coming apart at the seems. I hope you dont have access to firearms.

To be fair, a hike on tariffs would raise demand. But, i see your point.

this was, actually, nigger

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Lmao USD dollar ate some real shit today.

Wonder how it's going with GBP with that Brexit vote today

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>leaf unironically laughing at the dollar.

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Imagine being this poor and stupid...Id love to see this niggers deductions on his welfare checks HAHAH!

The economy he inherited from Obama is great*

only reason Trump hasnt ruined the economy is because he gave the rich 4 trillions dollars. Just wait till it all comes crumbling down just as Bernie Sanders becomes president and everyone is saying america is broke and nothing can be done.

I don't hold a neo-classical view of economics. To me the money supply is irrelevant, and the $900 trillion in capitalization in the world compared to only a $4 trillion need for money as an intermediary is proof enough.

So I ignore the fake conservation law of Supply and Demand and just look at economics as just two rules:

1. Consumption IS the reward for Production and everything else is just bookkeeping.
2. You can't consume if you don't produce

...but both of those conservation laws are broken by the introduction of a Proxy Space of money.

However, Production does not equal Consumption in international trade.
So when it comes to international trade, I see any country selling in my country and me giving them paper as me getting free stuff. And I see them being forced to use that paper to either buy more paper in my country, or buy stuff I produce for that paper that buys consumption in my country as me expanding my economy.

So I'm cool with a trade deficit when the foreigners buy more than I sell abroad, because I either means I get free stuff from them, or I get to sell more of what I make, Allowing me to invest in Economies of Scale to make it cheaper for everyone at the same time I increase my Volume profit.

There is a lot about classical economics I find stupid, but what I also don't like is uncertainty, and that is what a trade war brings.

Dude I DEFINITELY hope you post more

no i tell ya whut we need dem tax cuts for when i become a billionaire after trump gets rid of tha messicans and moozlims and everyone else makin us poor

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>Production does not equal Consumption in international trade.
Yes, China is a slave nation giving us Americans cheap shit.
>2. You can't consume if you don't produce
We could produce everthing in America, we have for 150 years. When you gut the middle class your left with poor people and no infrastructure to produce. --therefore tax breaks and tarrifs help fix the imbalance.

You being afraid of instability just means your a pussy,

>therefore tax breaks and tarrifs help fix the imbalance.
trade deficit this quarter was the highest in like 20 years

When the dollar rises foriegners buy it, how is that hard to understand?

rising dollar is among the causes of trade deficit. trump would do well to let it weaken to give US exporters a break. that would be bad for his donors though

The US doesn't need to export cheap trinkets and assorted junk. Our biggest export is first-world quality of life, and plenty of people have no problem paying what a strong dollar makes it cost.