WB I've been following the stock market and economy too. You like to ignore the fact that in the last couple of years things have been ramping up. Wall Street and the stock market recovered a long time ago after the recession. You have posts denouncing the employment gains as not reflecting the true job market and have pointed out that wages haven't gone up. Trump inherited a good economy that you felt very differently when Obama was President. And wages are still stagnant while the very wealthy have been doing very well. Again what happens when this doesn't work like it didn't work when Wdid it? Make cuts to Medicare and other programs so there's even more poor people?
1.8% annual growth for 8 years was not "ramping up"!
It was ideological socialist zealots killing business with their policies. And as soo as Trump replaced them, the economy went up in less than a year to 3.4% annual growth. And consider with that how the nation suffered 5 devastating hurricanes, and STILL grew 3.4%. Without the hurricanes, I'm confident it would have been 4%.
In less than a year under Trump!
The DNC propaganda about "slow steady growth" isn't fooling anyone. It grew at a "slow steady" 1.8% for 8 years. What changed was President Trump, otherwise it would still be 1.8%.
The core of the problem is the global economy, and more specifically the offshoring of jobs. The global competition of formerly protected (up till the 1990's) U.S. workers, with salaries, health benefits, retirement pensions and other first-world protections, who now are forced to compete with third-world labor in east asia and the former communist bloc nations, that has driven down the wages, healthcare and pensions of U.S. workers, who have lost the formerly tariffed protection from unfair pricing of goods and labor from overseas.
Trump is endeavoring to bring manufacturing back to the United States. To make the U.S. economy, industry and energy self-sustaining again.
Democrats are trying to punish "the wealthy" and destroy what capitalist incentive there is left in the U.S., and make us over into socialist Europe and/or the former Soviet Union. Bernie Sanders has praised Russia, China, Cuba and Venezuela, and used to hang a Soviet flag in his mayor's office in Vermont, before becoming a Senator. And he is one in spirit with the former Occupy Wall Street movement, that has become the Sanders movement, along with many other wackos in the Democrat Senate and Congress, and those of the Obama and Clinton administrations, not to mention their brethren among college professors nationwide and the liberal media.
Trump is endeavoring to bring manufacturing and jobs back to the United States, and every report I have seen says that his tax cuts, as well as abolishing Obamacare, will increase business growth, increase jobs, increase annual growth to 4% or higher, and that growth will create pressure for higher wages for the middle class.
A review:
The stock Market is up 28% since Trump was elected.
Unememployment is at the lowest rate since 2000.
Unemployment and disability claims that doubled under Obama have been completely reversed.
Black homeownership is at the highest level EVER!
The problem with unemployment numbers as measured under both Trump and Obama is it only measures those who are looking for work, not those who are not looking or have given up looking. Under Obama, despite rosy numbers, if all unemployed were counted, unemployment would have manifested Depression-era levels of unemployment, and I don't think that has been completely reversed. But Trump has been in office less than a year, and the numbers are turning in the right direction. Dramatically. And certainly economic indicators are in Trump's favor, for anyone who isn't an anti-Trump MediaMatters zealot.
