Welcome to the Just Plain Folks forums! You are currently viewing our forums as a Guest which gives you limited access to most of our discussions and to other features.
By joining our free community you will have access to post and respond to topics, communicate privately with our users (PM), respond to polls, upload content, and access many other features. Registration is fast, simple, and absolutely free; so please join our community today!
|
|
|
|
Joined: Aug 2007
Posts: 7,230 Likes: 87
Top 30 Poster
|
Top 30 Poster
Joined: Aug 2007
Posts: 7,230 Likes: 87 |
Jobs are good, lower unemployment is good, higher GDP and stock market is good! BUT -- you seem to think there has been a huge turnaround under trump and he is orchestrating some economic miracle. He is just building on what Obama did. Don't believe me, look at the numbers: ![[Linked Image]](http://www.jkt9000.com/images/unemployment_stocks.png) One has to wonder?...Why didn't Obama build on what Obama did and steal this thunder to install Hillary? Answer: because democrat policies of taxation and regulation would not allow a democrat president to do that. It took a republican president to cast those aside and stimulate things. Conclusion: Obama did a good job of doing what the FED told him to do, in order to keep the country from going under. But it was the FED pumping, not Obama that sustained the economy. The FED's ability to print massive money and play games with accounting was the only force in existence that could keep the economy afloat. Obama was convinced that interest rates had to be kept low and so did the GDP,,,and that taxes could not be cut,, in order to keep everything under control. Obama presided over a zombie GDP. "The new normal." Trump came along and slammed the accelerator. Now it remains to be seen if there is going to be a nasty price to ultimately pay for that or if Trump can sustain "good times." If jobs stay good between now and the election, Trump will likely get a 4 more years to prove whether or not he has over-juiced the economy or not. In the offing is an ever-growing national debt that will be a serious and oppressive burden one day and will not somehow fix itself. At the moment, I cant help but wonder if a metaphor would be standing on the beach and enjoying a lovely day in Tampa while a Hurricane is out in the gulf moving towards Tampa., We will see.
|
|
|
|
We would like to keep the membership in Just Plain Folks FREE! Your donation helps support the many programs we offer including Road Trips and the Music Awards.
|
|
|
Forums118
Topics129,174
Posts1,186,189
Members21,480
| |
Most Online236,505 Jul 1st, 2026
|
|
|
"Do not endeavor to be the smartest kid in a dumb class. Instead, you are better off being the dumbest kid in the smartest class, where you will be challenged and you will learn. If you aren't growing, you are dying." -Brian Austin Whitney
|
|
|
|