Probably one should judge a President's term by praising/criticising the previous President. It takes some years for the policies to work through giving the next guy a bonus or otherwise. Gawd help the poor soul who succeeds Dump and has to start over.
I compare it with trading. If the S&P goes up 25% it is no achievement to make 10% return as a trader. If the S&P goes down 1% it is a huge achievement to make 5% return as a trader. If the odds are in your favor things get much easier. And then the fact that the odds are in your favor are responsible for the"achievement".
that's exactly my argument... the easy money policy, let's say should produce 3% GDP growth... Obama made it 2.5%, and Trump is going to make it 3.5%
The best argument I've heard in favor of Trump's tariffs was that he'll leverage them to get better terms, but so far I don't see that happening. There's still no replacement for NAFTA and the administration really needs to sign those bilateral trade deals with Canada and Mexico they promised before we can tell if pulling out was worth it or not.
Trump's biggest problem in trade is China, not Canada or Mexico, so it is natural he is dealing with China (and North Korea) first.
Trump could have made it from -2.8 to 3.5 or more. Again, need to dig a little deeper than the MSNBC spin... the american economy is so robust, one hiccup, you give it loose money policy it recovers.... but as I said all Obama's policies were anti-business, energy and health care being the 2 big ones... name 1 thing he actually did, that was a tail wind for the economy. Please also educate your friends - The economy recovered, DESPITE Obama.
Nonsense - as well as the rest of the post that LOL got multiple thumbs up. Sheeple believing the great 4 times Bankruptcy King is a great deal maker. Hahahaha he is, for HIMSELF only. Write crap Art of the Deal book check Trump University scam for some other sheeple (lawsuits galore, shutdown of course) check Trump Mortgage Co (started in 2006, closed in 2007) check Trump Steaks - they sold a grand total of less than $50,000 check Trump Travel website opened 2006, closed 2007 check Trumpe maga hats (what a fitting acronym) made in China check Star in Reality TV Show check Screw Porn Star while married to third wife is pregnant (how's that for family values Republicans?) check Dozens more failures could be found - if one really wants to know his true complete business history. Though Trumpkins take note, I am forever grateful he and Russians stole election keeping Shillary from being elected.
Reality check is in order. Pres Trumpy has been in office 16 months so far. NFP average for his 16 months is 206021 NFP average for Obama's last 16 months was 213438 cough, cough So the great Jobs Creator (plus the great jobs creating tax cut in place for almost a half year now) haven't done as well as the Dem/Socialist Golfer. Well Trumpy has beaten Obama there, playing 2 to 3 times as much depending on how you parse Trumpy talk of what is and isn't a meeting wink, wink. On last note: Drill baby, drill baby. Is the price at the pump higher now or when Obama left office? And was U.S. production higher at the end of Obama's 2 terms than when he started? Yeah that's what i thought. Higher production, lower prices. But yet he was bad, bad, bad for business. Consumers of which, don't know about you, but last time I checked I am one of them .... like lower prices. Fuck big oil.
so you conveniently pick a stat that is supposed to decrease deeper into a recovery. and conveniently used a short term oil fluctuation for a long term argument. I could argue that with Trump NFP could have been higher if he started in 2008. and with Obama the oil price could be even higher today without the additional drilling and pipelines.... and my arguments are logical.. regulation cuts, tax cuts help the economy, additional drilling helps the oil supply..... Obama's regulation strangle holds and healthcare mandates hurt the economy. dig deeper.