Since the start of the Trade war...

[Harpy Eagle]

How do our economic indicators look?

GDP growth...not good and heading the wrong way
View attachment 272446

The Markets...not good, stagnant...In the 557 days of the trade war this is how they have done...

DJI up 1.59% . An annual growth rate of 1.04%
S&P up 4.33%. An annual growth rate of 2.84%
NASDAQ up 12.56%. An annual growth rate of 8.23%
SmallCap 2000 down 3.99. An annual growth rate of -2.62

Trade Deficit...no better than when we started...
View attachment 272447

National Debt...very bad

$ 1,529,671,787,835 added to the National Debt. That is an annual rate of $1,004,878,813,861.

Employment...mixed bag.

UE rate from 4.1 to 3.7. Pretty good.
LFPR from 63% to 63%...no change

There is no trade war, just more bullshit made up by America haters like you.

Trump calls it a Trade War, and you worship Trump, so you should call it a Trade war also.

Never stops lying.

This is true, Trump never stops lying.

 

[kyzr]

The economy is NOT BAD, see you later alligator.

Its not good either, which is why the Fed had to cut the rates

The Fed had to cut the rates because of the global risks to the US economy. The other global economies are not doing well. When Chuck Schumer is cheering Trump on to manage China, you know Trump is doing something right.
If the US economy is "not good", what's wrong with it? You mad your ETF went down a smidgen? Grow a pair. We need to get China under control before they take over the world.

But we are not getting China under control, the more Trump pulls the US back the more China takes our place. While we tariff the world they finance the world. The new silk roa, railroads in Brazil, massive investment in Africa and a road going from Europe to China. China is not sitting back waiting for us to act, they are working on replacing their need for us.

Your examples are all true, and what is China using to finance their expansion?
That's right, the massive US trade surplus, stealing US intellectual property, extorting US companies who want to do business in China.
Trump is not pulling back, he is adding tariffs to get concessions, which aren't coming. Sooner or later China and the US will part company, its coming, China IS replacing the US. The horrible trade deals that the US has had for decades have come home to roost. Can Trump fix the mess? Stay tuned....

 

[Harpy Eagle]

Your examples are all true, and what is China using to finance their expansion?
That's right, the massive US trade surplus, stealing US intellectual property, extorting US companies who want to do business in China.
Trump is not pulling back, he is adding tariffs to get concessions, which aren't coming. Sooner or later China and the US will part company, its coming, China IS replacing the US. The horrible trade deals that the US has had for decades have come home to roost. Can Trump fix the mess? Stay tuned....

Those "horrible" trade deals gave the US 121 straight months of economic expansion, the longest in history.

Those "horrible" trade deals gave the US the longest period of positive job growth in the history of the country.

Those "horrible" trade deals gave the unemployment under 4%, sustained.

Those "horrible" trade deals gave the US more open jobs than people to fill them.

Those "horrible" trade deals gave the US record setting financial markets, well at least till the trade war started.

Who is going to take the place for our farmers after China finds new sources of grains and hogs? Where will our corn and soybean farmers find a market to replace the one Trump took from them?

 

[mikegriffith1]

Oh. My. Goodness. What a misleading, distorted, selective garbage OP.

And, by the way, we were in a trade war long before Trump came to office--we just weren't fighting back at all.

The trade deficit has not improved because the Dems are stalling on approving Trump's USMCA trade deal, which virtually all parties agree would be a huge improvement over NAFTA, and because the Chinese are still resisting agreeing to a fair trade deal. That's why Trump is imposing more tariffs on them. They wouldn't have come to the table and moved as far as they've moved if Trump had not hit them with tariffs.

So come talk to us after Congress has approved Trump's trade deals and they've been in effect for, say, a year.

I distinctly remember Senator Chuck Schumer loudly complaining in 2016 about how weak Obama was on China and how China was costing us $1-2 trillion per year.

 

[Harpy Eagle]

Oh. My. Goodness. What a misleading, distorted, selective garbage OP.

And, by the way, we were in a trade war long before Trump came to office--we just weren't fighting back at all.

The trade deficit has not improved because the Dems are stalling on approving Trump's USMCA trade deal, which virtually all parties agree would be a huge improvement over NAFTA, and because the Chinese are still resisting agreeing to a fair trade deal. That's why Trump is imposing more tariffs on them. They wouldn't have come to the table and moved as far as they've moved if Trump had not hit them with tariffs.

So come talk to us after Congress has approved Trump's trade deals and they've been in effect for, say, a year.

I distinctly remember Senator Chuck Schumer loudly complaining in 2016 about how weak Obama was on China and how China was costing us $1-2 trillion per year.

Actually, nobody that is not a partisan agrees that the USMCA is a huge improvement over NAFTA. It is nothing more than a few tweaks and a pretty new name.

 

[Manonthestreet]

The economy is NOT BAD, see you later alligator.

Its not good either, which is why the Fed had to cut the rates

Rate cut wont help. Braindead Fed …..alrdy calls for more.....great plan. Should have kept their hands off

 

[kyzr]

1. You didn't address the trade deficits that those horrible trade deals created
2. You didn't address the job losses those horrible trade deals created.
3. How many factories & jobs were outsourced due to those horrible trade deals
4. The Ag sector can always find places to sell their grain
5. How many foreign cars are imported into the US annually? Try to sell US products overseas.
6. The financial markets all hit new records recently, in spite of the trade war

 

[Harpy Eagle]

1. You didn't address the trade deficits that those horrible trade deals created
2. You didn't address the job losses those horrible trade deals created.
3. How many factories & jobs were outsourced due to those horrible trade deals
4. The Ag sector can always find places to sell their grain
5. How many foreign cars are imported into the US annually? Try to sell US products overseas.
6. The financial markets all hit new records recently, in spite of the trade war

1. Explain why trade deficits are bad?

2. We have been adding jobs for more than 100 months, there are more jobs than people to fill them.

3. Factories and jobs going overseas was the decision of the private companies, not the government.

4. Who? Where will they find 1.3 billion customers to make up for losing out in China?

5. Foreign cars are sold here because we the people want to buy them.

6. The financial markets have been stagnant since the start of the trade wars, I gave the exact numbers.

 

[whitehall]

It might seem like a lifetime to the left but Trump has only been in office for about 2 1/2 years. Everybody in the economic world acknowledges that China has been stealing technology and taking unfair advantage of the U.S. for decades. President Trump is the only president with a set of balls and is willing to tackle the situation. The ongoing problem is that China has won the hearts and minds of the radical left and they have become agents of a foreign government spreading propaganda because they hate the president. .

 

[Crepitus]

Orange Man Bad, we’re all going to die!

Record 157,288,000 Employed in July

 

[kyzr]

1. You didn't address the trade deficits that those horrible trade deals created
2. You didn't address the job losses those horrible trade deals created.
3. How many factories & jobs were outsourced due to those horrible trade deals
4. The Ag sector can always find places to sell their grain
5. How many foreign cars are imported into the US annually? Try to sell US products overseas.
6. The financial markets all hit new records recently, in spite of the trade war

1. Explain why trade deficits are bad?

2. We have been adding jobs for more than 100 months, there are more jobs than people to fill them.

3. Factories and jobs going overseas was the decision of the private companies, not the government.

4. Who? Where will they find 1.3 billion customers to make up for losing out in China?

5. Foreign cars are sold here because we the people want to buy them.

6. The financial markets have been stagnant since the start of the trade wars, I gave the exact numbers.

1. Trade deficits are bad because: Why Trade Deficits Matter
2. Like a guy told Bill Clinton: "Yeah the US has a lot of jobs, my wife and I have 4 of them to make ends meet"
3. The government sets the stage for economic activity, like Trump is doing now, managing the economy, the private companies can still make their decisions, including how to handle tariffs.
4. US soybeans go here and there: Top 10 U.S. Export Destinations For Soybeans
5. Foreign cars have no tariff here, but US cars have tariffs there, Trump will fix that shortly
6. Financial markets "stagnant"? Try reading the Dow, S&P and Nasdaq charts. Here is QQQ, still tracking higher...I'm not seeing "stagnant":

 

[LordBrownTrout]

These numbers will get Trump reelected. China is hurting from the tariffs.

 

[Dragonlady]

The economy is NOT BAD, see you later alligator.

Flings shit and runs. No facts, no stats, no links, just throws shits and runs.

 

[candycorn]

How do our economic indicators look?

GDP growth...not good and heading the wrong way
View attachment 272446

The Markets...not good, stagnant...In the 557 days of the trade war this is how they have done...

DJI up 1.59% . An annual growth rate of 1.04%
S&P up 4.33%. An annual growth rate of 2.84%
NASDAQ up 12.56%. An annual growth rate of 8.23%
SmallCap 2000 down 3.99. An annual growth rate of -2.62

Trade Deficit...no better than when we started...
View attachment 272447

National Debt...very bad

$ 1,529,671,787,835 added to the National Debt. That is an annual rate of $1,004,878,813,861.

Employment...mixed bag.

UE rate from 4.1 to 3.7. Pretty good.
LFPR from 63% to 63%...no change

We’re losing. Bigly

 

[dudmuck]

It might seem like a lifetime to the left but Trump has only been in office for about 2 1/2 years. Everybody in the economic world acknowledges that China has been stealing technology and taking unfair advantage of the U.S. for decades. President Trump is the only president with a set of balls and is willing to tackle the situation. The ongoing problem is that China has won the hearts and minds of the radical left and they have become agents of a foreign government spreading propaganda because they hate the president. .

Trump’s former economic adviser admits his tariffs are hurting US and helping China.

Donald Trump’s trade war is hurting the American economy while failing to damage China as intended, the US president’s former chief economic adviser has said.


Gary Cohn said tariffs imposed on billions of dollars worth of Chinese products had backfired.


“I don’t really think it’s hitting the Chinese economy,” the former White House official told BBC Radio 4’s Today programme.




Mr Cohn – who quit his role as director of the National Economic Council last year – claimed Mr Trump had even helped Beijing by providing “a very convenient excuse” for China to slow the breaks on its overheated economy.


“I think the Chinese economy was going to slow down with or without a trade war,” he said.

 

[protectionist]

How do our economic indicators look?

GDP growth...not good and heading the wrong way
View attachment 272446

The chart you posted is not GDP growth, All it does is show the % CHANGE of GDP growth, How much it's changing, without any indictor of changing up or down. So if every quarter were the same a the previous year, the line would be a straight line.

As for Trump's economic achievements >>>

• Due to President Trump’s pro-growth policies, real gross domestic product (GDP) growth has averaged 3 percent over the last 8 quarters (not counting the shutdown quarter)

• Real GDP grew at annual rates of 3.4 percent in the third quarter of 2018 and 4.2 percent in the second quarter.
• More than 5 million jobs have been created since President Trump’s election and the unemployment rate remains below 4 percent.
• This is the eighth time this year that the unemployment rate has been below 4 percent.
• Prior to this year, the unemployment rate had fallen below 4 percent only five times since 1970.
• The unemployment rate for African Americans in May fell to 5.9 percent, which is the lowest rate on record.
• Asian and Hispanic-American unemployment rates have reached record lows this year.
• Disabled unemployment has also reached the lowest rate in US history.
  
• • Initial weekly jobless claims have hit a nearly 50-year low under President Trump.
  • Under President Trump, job openings outnumber the unemployed for the first time on record.
  • Recently, more than two-thirds of Americans rated “now” as a good time to find a quality job, tying a record high in a poll by Gallup.
  • Americans are seeing more money in their pockets thanks to the booming economy.
  • In recent months, workers have seen their largest nominal year over year wage growth in nearly a decade.
  • In 2017, real median household income rose to a post-recession high.
  • President Trump’s policies are helping to lift Americans out of poverty.
  • African-American and Hispanic-American poverty rates reached record lows of 21.2 percent and 18.3 percent, respectively, in 2017.
  • Since the election, 4.6 million Americans have been lifted off of food stamps.
  • Consumer confidence has soared under President Trump, recently reaching an 18-year high.
  • President Trump is delivering on his promise to bring back American manufacturing.
  • The National Association of Manufacturers’ Outlook Index had the highest annual average in its history over the past year.
• • • Manufacturing added 284,000 jobs in 2018, the most added in a year since 1997
    • Small Business optimism jumped to a record high under President Trump, according to a survey by the National Federation of Independent Business (NFIB).
    • The NFIB’s Small Business Optimism Index broke a 35-year record in August.
    • President Trump signed the Tax Cuts and Jobs Act into law, ushering in the largest package of tax cuts and reforms in American history.
    • These tax cuts are delivering real results for American families and workers.
    • More than 6 million workers received tax cut bonuses and benefits.
    • More than 100 utility companies have announced lower rates.
    • President Trump is ensuring American workers receive the training and education they need to compete in today’s economy.
    • President Trump signed an executive order establishing the National Council for the American worker.
  • • • More than 185 companies and associations have signed our “Pledge to America’s Workers,” promising more than 6.4 million new training and career opportunities.
      • The President signed legislation that reauthorized the Carl D. Perkins Career and Technical Education Act, making more than $1 billion available for career education programs.
      • President Trump has prioritized the economic empowerment of women.
      • The women’s unemployment rate recently reached its lowest rate in 65 years.
      • The Small Business Administration lent approximately $500 million more in capital to women-owned businesses in 2017 compared to 2016.
      • The Administration helped launch the Women Entrepreneurs Finance Initiative, which could leverage more than $1 billion to support women entrepreneurs.

 

[WheelieAddict]

Since the start of the trade war republicans are suddenly massive socialists giving huge hand outs to farmers. Yet any candidate that proposes tax money going to help people is labeled a commie. Republicans are such jokes its not even funny anymore.

 

[LordBrownTrout]

We're hurting them.

Donald Trump's trade war hurting China more than US, says IMF

 

[protectionist]

Since the start of the trade war republicans are suddenly massive socialists giving huge hand outs to farmers. Yet any candidate that proposes tax money going to help people is labeled a commie. Republicans are such jokes its not even funny anymore.

Every rule has its exceptions.

 

[protectionist]

We're hurting them.

Donald Trump's trade war hurting China more than US, says IMF

Of course. We have the MARKET. They don't. They need us, We don't need them.

In reality, China is not really engaging the US in a trade war. They know they could never win that. Chinese leaders are putting on a show for the Chinese people, in a effort to preserve their popularity.

Right now , China's economy is coming part at the seams, and it is Trump's tariffs and toughness that has done it.