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Varney: We're living in the best performing economy in the world

Yeah weak GDP growth and total war on free markets. Great direction. Really setting us up well for the future. :cuckoo:
With the global economic climate, yes we are doing well. Look at the central bank interest rates in other countries sporting neg rates.
We have a stock market going in the right direction due to the earnings, wages are still increasing. Low inflation and no
recession on the horizon.
Things are not such doom and gloom except to those fear mongering liberals who want to talk the market down because of Trump.
Damn pathetic attitude those libs have, wouldn't you say?
The markets and economy have been getting better for 10 years. Trump war on the free markets and our allies will drag us down for decades.
By all means, show me your numbers....just you saying it doesn't make it so.
Trumps war on the free markets? hahahahaha! Where did you find that one, on a bumper sticker of a VW van?
Hold your breath, I'm sure your right and any day now. :auiqs.jpg:
Here, snowflake: Trump boasts the economy is the best it's ever been. Here are 9 charts showing how it's fared compared to the Obama and Bush presidencies.
Dude, Trump is a salesman, get used to it. You can't compare Obama's economy with Trump's. Obama had taken over the economy just as it was coming out of a recession.
The only way to go was up. Obama also had 8 years of 0 to near 0 as a fed rate for 8 years. If you're going to debate this, just show some honesty.
And, why even the need to compare presidents? It wasn't a discussion of mine, but more of a deflection of yours.
Remember the day after the election where Kruger (economist NYT(?)) stated the market will tank and never recover? What happened?
When I pointed out Trump is just continuing 10 years worth of trends you trolled in reply. We will pay for Trump's endorsements of tyrants, economic wars on our allies, and deomonization of his own constituents for decades. The man is a despicable human being, and every day that your type continues to praise him hurts the country.
 
add-jpg.275715
 
With the global economic climate, yes we are doing well. Look at the central bank interest rates in other countries sporting neg rates.
We have a stock market going in the right direction due to the earnings, wages are still increasing. Low inflation and no
recession on the horizon.
Things are not such doom and gloom except to those fear mongering liberals who want to talk the market down because of Trump.
Damn pathetic attitude those libs have, wouldn't you say?
The markets and economy have been getting better for 10 years. Trump war on the free markets and our allies will drag us down for decades.
By all means, show me your numbers....just you saying it doesn't make it so.
Trumps war on the free markets? hahahahaha! Where did you find that one, on a bumper sticker of a VW van?
Hold your breath, I'm sure your right and any day now. :auiqs.jpg:
Here, snowflake: Trump boasts the economy is the best it's ever been. Here are 9 charts showing how it's fared compared to the Obama and Bush presidencies.
Dude, Trump is a salesman, get used to it. You can't compare Obama's economy with Trump's. Obama had taken over the economy just as it was coming out of a recession.
The only way to go was up. Obama also had 8 years of 0 to near 0 as a fed rate for 8 years. If you're going to debate this, just show some honesty.
And, why even the need to compare presidents? It wasn't a discussion of mine, but more of a deflection of yours.
Remember the day after the election where Kruger (economist NYT(?)) stated the market will tank and never recover? What happened?
When I pointed out Trump is just continuing 10 years worth of trends you trolled in reply. We will pay for Trump's endorsements of tyrants, economic wars on our allies, and deomonization of his own constituents for decades. The man is a despicable human being, and every day that your type continues to praise him hurts the country.
Good grief, Trump continued the 8 years of trends by getting rid of Obama's EO's regarding the businesses, which is still trending up.
But, glad you tipped your hand as to where your leanings really lie, comrade. Thanks for playing
It's about time that a president has the 'We the People' first and not behind your allies. We were getting screwed by billions every year.
You may think it's alright for "our allies" to shove tariffs down our throats, but I don't. He made it about as equal as it can get.
We have a China Lite package ready to be signed and the USMCA is coming to fruition. I'm digging it, dude. MAGA
 
The markets and economy have been getting better for 10 years. Trump war on the free markets and our allies will drag us down for decades.
By all means, show me your numbers....just you saying it doesn't make it so.
Trumps war on the free markets? hahahahaha! Where did you find that one, on a bumper sticker of a VW van?
Hold your breath, I'm sure your right and any day now. :auiqs.jpg:
Here, snowflake: Trump boasts the economy is the best it's ever been. Here are 9 charts showing how it's fared compared to the Obama and Bush presidencies.
Dude, Trump is a salesman, get used to it. You can't compare Obama's economy with Trump's. Obama had taken over the economy just as it was coming out of a recession.
The only way to go was up. Obama also had 8 years of 0 to near 0 as a fed rate for 8 years. If you're going to debate this, just show some honesty.
And, why even the need to compare presidents? It wasn't a discussion of mine, but more of a deflection of yours.
Remember the day after the election where Kruger (economist NYT(?)) stated the market will tank and never recover? What happened?
When I pointed out Trump is just continuing 10 years worth of trends you trolled in reply. We will pay for Trump's endorsements of tyrants, economic wars on our allies, and deomonization of his own constituents for decades. The man is a despicable human being, and every day that your type continues to praise him hurts the country.
Good grief, Trump continued the 8 years of trends by getting rid of Obama's EO's regarding the businesses, which is still trending up.
But, glad you tipped your hand as to where your leanings really lie, comrade. Thanks for playing
It's about time that a president has the 'We the People' first and not behind your allies. We were getting screwed by billions every year.
You may think it's alright for "our allies" to shove tariffs down our throats, but I don't. He made it about as equal as it can get.
We have a China Lite package ready to be signed and the USMCA is coming to fruition. I'm digging it, dude. MAGA
There have always been people who support evil men. I'm sure you are digging it. You will until the day it turns on you.
 
By all means, show me your numbers....just you saying it doesn't make it so.
Trumps war on the free markets? hahahahaha! Where did you find that one, on a bumper sticker of a VW van?
Hold your breath, I'm sure your right and any day now. :auiqs.jpg:
Here, snowflake: Trump boasts the economy is the best it's ever been. Here are 9 charts showing how it's fared compared to the Obama and Bush presidencies.
Dude, Trump is a salesman, get used to it. You can't compare Obama's economy with Trump's. Obama had taken over the economy just as it was coming out of a recession.
The only way to go was up. Obama also had 8 years of 0 to near 0 as a fed rate for 8 years. If you're going to debate this, just show some honesty.
And, why even the need to compare presidents? It wasn't a discussion of mine, but more of a deflection of yours.
Remember the day after the election where Kruger (economist NYT(?)) stated the market will tank and never recover? What happened?
When I pointed out Trump is just continuing 10 years worth of trends you trolled in reply. We will pay for Trump's endorsements of tyrants, economic wars on our allies, and deomonization of his own constituents for decades. The man is a despicable human being, and every day that your type continues to praise him hurts the country.
Good grief, Trump continued the 8 years of trends by getting rid of Obama's EO's regarding the businesses, which is still trending up.
But, glad you tipped your hand as to where your leanings really lie, comrade. Thanks for playing
It's about time that a president has the 'We the People' first and not behind your allies. We were getting screwed by billions every year.
You may think it's alright for "our allies" to shove tariffs down our throats, but I don't. He made it about as equal as it can get.
We have a China Lite package ready to be signed and the USMCA is coming to fruition. I'm digging it, dude. MAGA
There have always been people who support evil men. I'm sure you are digging it. You will until the day it turns on you.
Comrade, I'm glad to see that you couldn't debate what I posted, I really am. It's hard to debate the truth, huh?
Not sure you are the person who should be calling anyone evil...I have my suspicions about you from this thread.
 
Good grief, Trump continued the 8 years of trends by getting rid of Obama's EO's regarding the businesses, which is still trending up.
But, glad you tipped your hand as to where your leanings really lie, comrade. Thanks for playing
It's about time that a president has the 'We the People' first and not behind your allies. We were getting screwed by billions every year.
You may think it's alright for "our allies" to shove tariffs down our throats, but I don't. He made it about as equal as it can get.
We have a China Lite package ready to be signed and the USMCA is coming to fruition. I'm digging it, dude. MAGA

Augustine is a retard. He won't hear what you are saying
 
With the global economic climate, yes we are doing well. Look at the central bank interest rates in other countries sporting neg rates.
Exactly where Impeached Tramp wants to take us. The so called great Impeached Tramp economy has needed FED rate cuts and QE forever and trillions in deficit spending to maintain the Tramp bubble. There were no FED rate cuts under Obama's so called bad economy!!! So no matter how bad the Right says the Obama economy supposedly was, the Impeached Tramp economy is WORSE by those same standards.
 
Obama had taken over the economy just as it was coming out of a recession.
Typical Right-wing revisionist history. Obama took over as the Great Bush Recession was sinking to its deepest depth and Obama took it out of recession with a less than one trillion stimulus.
Impeached Tramp having been given a steadily growing economy has needed a 1.5 trillion stimulus and record deficit government spending and Fed rate cuts, and QE forever just to match Obama's under 3% GDP growth that the Right said was proof of a failed economy!!!
 
With the global economic climate, yes we are doing well. Look at the central bank interest rates in other countries sporting neg rates.
Exactly where Impeached Tramp wants to take us. The so called great Impeached Tramp economy has needed FED rate cuts and QE forever and trillions in deficit spending to maintain the Tramp bubble. There were no FED rate cuts under Obama's so called bad economy!!! So no matter how bad the Right says the Obama economy supposedly was, the Impeached Tramp economy is WORSE by those same standards.
:auiqs.jpg:
Your partisan hackery is showing, Ed, might want to pull up your Victoria Secrets.
I was stating facts, you're pulling your panties for adjustment.
 
Obama had taken over the economy just as it was coming out of a recession.
Typical Right-wing revisionist history. Obama took over as the Great Bush Recession was sinking to its deepest depth and Obama took it out of recession with a less than one trillion stimulus.
Impeached Tramp having been given a steadily growing economy has needed a 1.5 trillion stimulus and record deficit government spending and Fed rate cuts, and QE forever just to match Obama's under 3% GDP growth that the Right said was proof of a failed economy!!!
Again, your partisan hackery is showing, By June, less than 6 months after Obama took office, the recession ended.
The worst was over. The stimulus didn't do what it was supposed to and even Obama admitted that. So don't BS, keep it honest.
 
With the global economic climate, yes we are doing well. Look at the central bank interest rates in other countries sporting neg rates.
Exactly where Impeached Tramp wants to take us. The so called great Impeached Tramp economy has needed FED rate cuts and QE forever and trillions in deficit spending to maintain the Tramp bubble. There were no FED rate cuts under Obama's so called bad economy!!! So no matter how bad the Right says the Obama economy supposedly was, the Impeached Tramp economy is WORSE by those same standards.
:auiqs.jpg:
Your partisan hackery is showing, Ed, might want to pull up your Victoria Secrets.
I was stating facts, you're pulling your panties for adjustment.
Your "facts" are always half-truths, and a half-truth is a whole lie.
Impeached Tramp has been pushing for negative FED rates to save his failing economy, and you know it!
Trump keeps pushing ‘negative' interest rates. What would that mean for your wallet?
Normally, when you save your money in a bank, the bank pays you interest. When you take out a loan, the bank charges you interest. These rates are set by the Federal Reserve and help guide the country’s economic policy.

President Donald Trump wants to upend that, saying a negative interest rate would further boost the economy.
 
Pro-Growth Economic Policies Benefit Previously Left Behind Americans the Most
Dec 16, 2019

Since the 2016 election, the economy has added more than 7 million jobs, far exceeding the 1.9 million predicted by the Congressional Budget Office in its final pre-election forecast. These gains have brought Americans off the sidelines into employment, as shown in the figure below. The prime-age labor force has grown by 2.1 million people since the election, reversing losses under the prior administration’s expansion period, which totaled approximately 1.5 million people. This evidence suggests that the labor market’s revival over the past three years is not a continuation of past trends, but instead a result of President Trump’s pro-growth policies.

Cumulative-Change-in-the-Prime-Age-Labor-Force-820x493.png


The Trump Administration’s policies are not only leading to more jobs, but also to higher pay. For 16 straight months, annual nominal wage growth has been at or above 3 percent, a level not reached since the Great Recession, and continues to outpace inflation. Importantly, wage growth for many disadvantaged groups is now higher than wage growth for more advantaged groups, as is the case for lower-income workers compared to higher-income workers, workers compared to managers, and African Americans compared to whites. These income gains mark a fundamental change compared to those opposite trends observed over the expansion before President Trump’s inauguration, contributing to reduced income inequality. When measured as the share of income earned by the top 20 percent, income inequality fell in 2018 by the largest amount in over a decade. The Gini coefficient, an overall measure of inequality in the population, also fell in 2018.

Nominal-Weekly-Age-Growth-820x492.png


Employment and earnings gains continue to pull people out of poverty and means-tested welfare programs, increasing self-reliance through economic activity while decreasing reliance on government programs that incentivize people to limit their hours or stop working to qualify. The number of people in poverty decreased by 1.4 million from 2017 to 2018, and the poverty rates for blacks and Hispanics reached record lows last year. Food insecurity has fallen and, as of August 2019, there are nearly 7 million fewer people participating in the Supplemental Nutrition Assistance Program (food stamps) than at the time of the 2016 election. Additionally, the caseload for Temporary Assistance for Needy Families (TANF) fell by almost 700,000 individuals and the number of individuals on Social Security Disability Insurance has fallen by almost 380,000 since the 2016 election. Similarly, Medicaid rolls are decreasing even as the U.S. population increases. Our analysis shows that this decrease is predominantly due to a reduction in the number of Medicaid-eligible individuals because of income growth, not eligibility restrictions.
 
Obama had taken over the economy just as it was coming out of a recession.
Typical Right-wing revisionist history. Obama took over as the Great Bush Recession was sinking to its deepest depth and Obama took it out of recession with a less than one trillion stimulus.
Impeached Tramp having been given a steadily growing economy has needed a 1.5 trillion stimulus and record deficit government spending and Fed rate cuts, and QE forever just to match Obama's under 3% GDP growth that the Right said was proof of a failed economy!!!
Again, your partisan hackery is showing, By June, less than 6 months after Obama took office, the recession ended.
The worst was over. The stimulus didn't do what it was supposed to and even Obama admitted that. So don't BS, keep it honest.
Thank you for admitting you lied about the Great Bush Recession was already ending when Obama took over, but instead STARTED to end 6 months AFTER he took over. The Great Bush Recession was hemorrhaging 700,000 jobs per month when Obama took over, losing 700,000 jobs is hardly a "recovery" except in Tramp's world of lies!
 
Pro-Growth Economic Policies Benefit Previously Left Behind Americans the Most
Dec 16, 2019

Since the 2016 election, the economy has added more than 7 million jobs, far exceeding the 1.9 million predicted by the Congressional Budget Office in its final pre-election forecast. These gains have brought Americans off the sidelines into employment, as shown in the figure below. The prime-age labor force has grown by 2.1 million people since the election, reversing losses under the prior administration’s expansion period, which totaled approximately 1.5 million people. This evidence suggests that the labor market’s revival over the past three years is not a continuation of past trends, but instead a result of President Trump’s pro-growth policies.

Cumulative-Change-in-the-Prime-Age-Labor-Force-820x493.png


The Trump Administration’s policies are not only leading to more jobs, but also to higher pay. For 16 straight months, annual nominal wage growth has been at or above 3 percent, a level not reached since the Great Recession, and continues to outpace inflation. Importantly, wage growth for many disadvantaged groups is now higher than wage growth for more advantaged groups, as is the case for lower-income workers compared to higher-income workers, workers compared to managers, and African Americans compared to whites. These income gains mark a fundamental change compared to those opposite trends observed over the expansion before President Trump’s inauguration, contributing to reduced income inequality. When measured as the share of income earned by the top 20 percent, income inequality fell in 2018 by the largest amount in over a decade. The Gini coefficient, an overall measure of inequality in the population, also fell in 2018.

Nominal-Weekly-Age-Growth-820x492.png


Employment and earnings gains continue to pull people out of poverty and means-tested welfare programs, increasing self-reliance through economic activity while decreasing reliance on government programs that incentivize people to limit their hours or stop working to qualify. The number of people in poverty decreased by 1.4 million from 2017 to 2018, and the poverty rates for blacks and Hispanics reached record lows last year. Food insecurity has fallen and, as of August 2019, there are nearly 7 million fewer people participating in the Supplemental Nutrition Assistance Program (food stamps) than at the time of the 2016 election. Additionally, the caseload for Temporary Assistance for Needy Families (TANF) fell by almost 700,000 individuals and the number of individuals on Social Security Disability Insurance has fallen by almost 380,000 since the 2016 election. Similarly, Medicaid rolls are decreasing even as the U.S. population increases. Our analysis shows that this decrease is predominantly due to a reduction in the number of Medicaid-eligible individuals because of income growth, not eligibility restrictions.
FAKE NEWS, you are FAKE NEWS!
 

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