Trump rally continues

Publius · 2020-01-19T21:12:30.522Z

Why is the Trump rally still lower than the Obama rally at the same point in his term? And why are Trump’s GDP numbers so low, when he promised 4, maybe 6 per cent?

macrotrends.net

Dow Jones - DJIA - 100 Year Historical Chart

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Statista

Real GDP growth by quarter U.S. 2023 | Statista

The U.S. economy slowed in the first quarter of 2023 as business investments dropped in the face of high interest rates.

Cratic3947 · 2020-02-05T16:25:52.648Z

30k and Beyond!

highroller · 2020-02-05T16:56:55.304Z

I really hate this place. Goodbye.

Cratic3947 · 2020-02-05T17:18:07.913Z

Poor libby… Trump keeps winning and they believed their media lies.

adroit · 2020-02-05T17:18:44.104Z

Cratic3947:

Poor libby… Trump keeps winning and they believed their media lies.

If only he could win as much as Obama. 13.4% annualized S&P 500 growth vs 13.8%.

Cratic3947 · 2020-02-05T17:21:27.466Z

Except Trump undid most of what Obama did and the economy has boomed ever since…

Hexenbiest · 2020-02-05T17:39:23.360Z

Take a break and come back it helped me, there was a long time I didn’t frequent the boards as every topic was about Russia. Now that this has subsided and we are getting into election season my hope is we start debating ideas, which I find not only more enjoyable but beneficial. There is a good mix on political opinions on this forum, I don’t agree with all of them and I am sure a lot of them don’t agree with me but I find it better than and echo chamber with people only talking the things ipeople agree with.

It is getting harder to find places to post that has a mix of opinions in the age of social media I have noticed many news forums cut their comments sections out and Twitter is the biggest echo chamber of all. Few places left to debate ideas.

Cynic · 2020-02-05T17:43:06.161Z

Nope, it has continued at a slightly slower pace.

Cratic3947 · 2020-02-05T17:47:37.461Z

The lowest earners are benefiting the most under Trump… I hope dems run on turning the clock back to the Obama era economy…Please!

Adam · 2020-02-05T17:51:10.735Z

Cratic3947:

The lowest earners are benefiting the most under Trump… I hope dems run on turning the clock back to the Obama era economy…Please!

No they are not. Wage growth fell to below 3% in December. With inflation wages are almost stagnant.

WuWei · 2020-02-05T18:12:51.864Z

Adam:

Cratic3947:

The lowest earners are benefiting the most under Trump… I hope dems run on turning the clock back to the Obama era economy…Please!

No they are not. Wage growth fell to below 3% in December. With inflation wages are almost stagnant.

In December? Almost?

And look who liked bad news.

NebraskaFootball · 2020-02-05T18:16:19.823Z

WuWei:

Adam:

Cratic3947:

The lowest earners are benefiting the most under Trump… I hope dems run on turning the clock back to the Obama era economy…Please!

No they are not. Wage growth fell to below 3% in December. With inflation wages are almost stagnant.

In December? Almost?

And look who liked bad news.

It’s not “liking bad news” which is small thinking. It’s liking factual information as opposed to disinformation and propaganda. There was once a time I’d have figured you would agree.

tnt · 2020-02-05T18:16:39.569Z

Hexenbiest:

Take a break and come back it helped me, there was a long time I didn’t frequent the boards as every topic was about Russia. Now that this has subsided and we are getting into election season my hope is we start debating ideas, which I find not only more enjoyable but beneficial. There is a good mix on political opinions on this forum, I don’t agree with all of them and I am sure a lot of them don’t agree with me but I find it better than and echo chamber with people only talking the things ipeople agree with.

It is getting harder to find places to post that has a mix of opinions in the age of social media I have noticed many news forums cut their comments sections out and Twitter is the biggest echo chamber of all. Few places left to debate ideas.

I agree.

Lets debate Trump’s replacement for Obamacare.

Hexenbiest · 2020-02-05T18:20:00.399Z

That’s a good place to start healthcare since that is one of the biggest issues of the time. I am in favor of some sort of public option at this point, but would prefer it to be at the state level to try it out.

Adam · 2020-02-05T18:23:31.351Z

WuWei:

Adam:

Cratic3947:

The lowest earners are benefiting the most under Trump… I hope dems run on turning the clock back to the Obama era economy…Please!

No they are not. Wage growth fell to below 3% in December. With inflation wages are almost stagnant.

In December? Almost?

And look who liked bad news.

December is the last month we have data on.

Cratic3947 · 2020-02-05T18:27:09.894Z

WuWei · 2020-02-05T18:31:52.983Z

Adam:

WuWei:

Adam:

Cratic3947:

The lowest earners are benefiting the most under Trump… I hope dems run on turning the clock back to the Obama era economy…Please!

No they are not. Wage growth fell to below 3% in December. With inflation wages are almost stagnant.

In December? Almost?

And look who liked bad news.

December is the last month we have data on.

You are looking at wage growth monthly?

What is “almost stagnant”?

adroit · 2020-02-05T19:07:58.782Z

Cratic3947:

Except Trump undid most of what Obama did and the economy has boomed ever since…

By boomed, you mean lower annualized S&P 500 returns, created millions fewer jobs, real average weekly earnings completely stagnating over the last year, and GDP not breaking 3%? Odd definition of “boomed”.

adroit · 2020-02-05T19:10:30.733Z

WuWei:

You are looking at wage growth monthly?

What is “almost stagnant”?

Year-over-year real average weekly earnings: 0.0% growth [1].

December 2018: $375.82
December 2019: $375.77

https://www.bls.gov/news.release/realer.t01.htm

WuWei · 2020-02-05T19:21:43.929Z

I’m not average. Are more people earning? Wage growth is a lagging indicator. Build the wall.

I can’t get to the unemployment office to get my check for tripping over the illegals.