What is happening to Trump's "best economy in history"?

[WaitingFor2020]

GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America

Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers

Stock market keeps dropping
Dow: Why stocks keep dropping - CNN

Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.

Thanks, Trump!
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[Claudette]

Economy is doing great. Even if you don't like it.

Sucks to be you.

 

[candycorn]

You can tell by the ambient anger of Trump’s enablers that things are starting to come apart.

 

[WaitingFor2020]

Economy is doing great. Even if you don't like it.

Sucks to be you.

Sucks to be you more, the facts are right in your fat face.
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[WaitingFor2020]

You can tell by the ambient anger of Trump’s enablers that things are starting to come apart.

Exactly. See Clodette's silly post.
Trump rode in on a wave of prosperity that had been in the making for several years, gave his rich friends a tax cut and they think he's an economic genius.


.

 

[Pogo]

GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America

Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers

Stock market keeps dropping
Dow: Why stocks keep dropping - CNN

Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.

Thanks, Trump!
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.
.

Actually those without a savings cushion are lucky in that they're avoiding taking the losses that those of us with investments have been suffering.

 

[DJT for Life]

The retailers are quite happy after this long weekend

 

[Pogo]

You can tell by the ambient anger of Trump’s enablers that things are starting to come apart.

Exactly. See Clodette's silly post.
Trump rode in on a wave of prosperity that had been in the making for several years, gave his rich friends a tax cut and they think he's an economic genius.

As the sentient among us warned this board three years ago ---- Rump will do for the country exactly what he did for Atlantic City. All glitz and glamour and media noise at the beginning, then the investors lose their shirts and Rump is suing to get his name taken off the whole project and denying he was ever there.

Same shit, different day.

 

[AzogtheDefiler]

GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America

Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers

Stock market keeps dropping
Dow: Why stocks keep dropping - CNN

Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.

Thanks, Trump!
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.
.

Context:
DETROIT (AP – UPDATE) – General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.

The reduction includes 8,100 white-collar workers, some of whom will take buyouts and others who will be laid off. Most of the affected factories build cars that won’t be sold in the U.S. after next year. They could close or they could get different vehicles to build. They will be part of contract talks with the United Auto Workers union next year.

Plants without products include assembly plants in Detroit; Lordstown, Ohio; and Oshawa, Ontario. Also affected are transmission factories in Warren, Michigan, as well as Baltimore.

About 6,000 factory workers could lose jobs in the U.S. and Canada, although some could transfer to truck plants.

So with so many jobs out there conceivably these persons could land elsewhere. The car industry is evolving. Are you going to blame Trump because there aren't anymore typewriter or encyclopedia sales people?


-- Housing boom --- with rates rising fewer people will qualify for mortgages it is basic math. Trump doesn't control the Fed.

-- Lower oil prices is great for everyday people who rely on it for gas in cars and to heat homes. Shale oil drillers do suffer but that is a minority compared to the majority that benefits.

-- Stocks and bonds have an inverse relationship. The market was over inflated. Rising interest rates will push investors towards bonds and away from equities. Under BHO the Fed never raised rates so to get their return investors had to put $$ into equities.

Not sure what the OP was trying to state but he just made himself look very uninformed.

 

[MarcATL]

GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America

Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers

Stock market keeps dropping
Dow: Why stocks keep dropping - CNN

Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.

Thanks, Trump!
.
.
.

You won't get a lot of action in this thread, because it's a fact-based thread, and the Republicans don't have anything they can counter on this with.

In the next two years the Trump economy will be in full-effect and we'll see the results of his policies, which will be an economy in FREEFALL, damn near COLLAPSE, just like with Bush II, this time, it will be WORSE!!!

Watch....

 

[edward37]

You can tell by the ambient anger of Trump’s enablers that things are starting to come apart.

Coming apart lol
It’s Not Just Trump in House Democrats’ Cross Hairs. His Family Is, Too.

Ivanka Trump is under congressional scrutiny over her use of private email for government business. Her husband, Jared Kushner, is also a prime target for Democratic investigators.CreditDoug Mills/The New York Times

Image

Ivanka Trump is under congressional scrutiny over her use of private email for government business. Her husband, Jared Kushner, is also a prime target for Democratic investigators.CreditCreditDoug Mills/The New York Times


By Maggie Haberman and Nicholas Fandos

• Nov. 25, 2018

WASHINGTON — When two Republican members of Congress began formally questioning last week Ivanka Trump’s use of private email for government business, it was seen by people close to the White House as a sign of things to come for the president’s family.

One of the Republicans was Senator Ron Johnson of Wisconsin, the chairman of the Senate Homeland Security and Governmental Affairs Committee, which has conducted little oversight of the Trump White House until now.

The other was Representative Trey Gowdy of South Carolina, the chairman of the House Oversight Committee, who previously led a two-year investigation into events surrounding the attack on American diplomatic outposts in Benghazi, Libya, focusing relentlessly on the role of Hillary Clinton. His most prominent investigation as chairman has scrutinized alleged anti-Trump political bias within the F.B.I. during its inquiries related to the 2016 presidential campaign.

“That you now have Republicans investigating members of the first family is an indication of the perils ahead” for the Trumps, said Tom Davis, the former House Republican from Virginia who was the chairman of the Oversight Committee from 2003 through 2006.

 

[edward37]

OP, the

GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America

Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers

Stock market keeps dropping
Dow: Why stocks keep dropping - CNN

Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.

Thanks, Trump!
.
.
.

You won't get a lot of action in this thread, because it's a fact-based thread, and the Republicans don't have anything they can counter on this with.

In the next two years the Trump economy will be in full-effect and we'll see the results of his policies, which will be an economy in FREEFALL, damn near COLLAPSE, just like with Bush II, this time, it will be WORSE!!!

Watch....

Yes and guess who he'll blame The feds? Obama?? Hillary?? That damn Dem House ? Of course that pos is never responsible

 

[candycorn]

You can tell by the ambient anger of Trump’s enablers that things are starting to come apart.

Coming apart lol
It’s Not Just Trump in House Democrats’ Cross Hairs. His Family Is, Too.

Ivanka Trump is under congressional scrutiny over her use of private email for government business. Her husband, Jared Kushner, is also a prime target for Democratic investigators.CreditDoug Mills/The New York Times

Image

Ivanka Trump is under congressional scrutiny over her use of private email for government business. Her husband, Jared Kushner, is also a prime target for Democratic investigators.CreditCreditDoug Mills/The New York Times


By Maggie Haberman and Nicholas Fandos

• Nov. 25, 2018

WASHINGTON — When two Republican members of Congress began formally questioning last week Ivanka Trump’s use of private email for government business, it was seen by people close to the White House as a sign of things to come for the president’s family.

One of the Republicans was Senator Ron Johnson of Wisconsin, the chairman of the Senate Homeland Security and Governmental Affairs Committee, which has conducted little oversight of the Trump White House until now.

The other was Representative Trey Gowdy of South Carolina, the chairman of the House Oversight Committee, who previously led a two-year investigation into events surrounding the attack on American diplomatic outposts in Benghazi, Libya, focusing relentlessly on the role of Hillary Clinton. His most prominent investigation as chairman has scrutinized alleged anti-Trump political bias within the F.B.I. during its inquiries related to the 2016 presidential campaign.

“That you now have Republicans investigating members of the first family is an indication of the perils ahead” for the Trumps, said Tom Davis, the former House Republican from Virginia who was the chairman of the Oversight Committee from 2003 through 2006.

Ivanka, if you read Woodward’s book, has her head in the clouds. If I were her, I wouldn’t worry about the Democrats as much as I would worry about those who work in the West Wing.

 

[depotoo]

Actually, they kind of threw the blame into the article where it belongs-

“They could close or they could get different vehicles to build. They will be part of contract talks with the United Auto Workers union next year.”

OP, the

GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America

Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers

Stock market keeps dropping
Dow: Why stocks keep dropping - CNN

Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.

Thanks, Trump!
.
.
.

You won't get a lot of action in this thread, because it's a fact-based thread, and the Republicans don't have anything they can counter on this with.

In the next two years the Trump economy will be in full-effect and we'll see the results of his policies, which will be an economy in FREEFALL, damn near COLLAPSE, just like with Bush II, this time, it will be WORSE!!!

Watch....

Yes and guess who he'll blame The feds? Obama?? Hillary?? That damn Dem House ? Of course that pos is never responsible

 

[Claudette]

Economy is doing great. Even if you don't like it.

Sucks to be you.

Sucks to be you more, the facts are right in your fat face.
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.
.

Nope. The economy is doing fine. You just want to think it isn't so it suites your take on things.

Hell where I live building are going up left and right and new businesses are opening.

Hiring signs are everywhere and I'm sure where I live isn't the only place this is happening.

Oh and I thought all you lefty loons said it was Barry's economy. Not Trumps.

Sure does suck to be you.

 

[Hutch Starskey]

GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America

Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers

Stock market keeps dropping
Dow: Why stocks keep dropping - CNN

Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.

Thanks, Trump!
.
.
.

Actually those without a savings cushion are lucky in that they're avoiding taking the losses that those of us with investments have been suffering.

Yep. 2018 is the year that never happened for investors. A lost year.

 

[Snowflake]

With all due respect, what I don't understand is why his supporters lack every criticism of him.
They say he wasn't a politician, therefore less corrupt or something else along those lines.
And yet he plays politics, he is the most powerful man in the world, the more he needs to be watched and observed and criticized.
I don't understand this blind following. He is lying all day, all the time.
I still haven't figured out if he is really that clueless or just plays to his voters. Because he comes across as dangerously ignorant.

 

[WaitingFor2020]

You can tell by the ambient anger of Trump’s enablers that things are starting to come apart.

Exactly. See Clodette's silly post.
Trump rode in on a wave of prosperity that had been in the making for several years, gave his rich friends a tax cut and they think he's an economic genius.

As the sentient among us warned this board three years ago ---- Rump will do for the country exactly what he did for Atlantic City. All glitz and glamour and media noise at the beginning, then the investors lose their shirts and Rump is suing to get his name taken off the whole project and denying he was ever there.

Same shit, different day.

You nailed it.
I've said the same thing.
I've wondered why anyone would put a six-time-bankruptcy filing loser into the Oval Office.
The only reason he has money is because he doesn't pay taxes. (Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father)
That's why he won't release his returns.
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[g5000]

GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America

Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers

Stock market keeps dropping
Dow: Why stocks keep dropping - CNN

Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.

Thanks, Trump!
.
.
.

Don't worry. Trump is working very hard to beat Obama's debt record. I'm sure that will be a tremendous stimulus to the economy.

 

[DOTR]

GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America

Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers

Stock market keeps dropping
Dow: Why stocks keep dropping - CNN

Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.

Thanks, Trump!
.
.
.

Still waiting and hoping for that "crash"?

I'm firing a warning shot to gird your loins if von ClownStick wins. Stock market will crash, first thing.

You wrote that July 2016. How miserable have you been waiting and hoping for the US to suffer a "crash"? How disappointed with every win for the American economy?
Yes it sucks to be you. (BTW the stock market is NOT the economy. Dont feel bad. All liberals, 100%, think it is. Its because you dont invest and you dont understand economics)