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Dec 10 2019 01:28pm
Quote (Brian_D @ 10 Dec 2019 20:07)
Good for America. Most likely seasonal employment tho? Regardless. His other actions negate anything good he can manage to get pinned to himself.


It's not, US economy is not that nice, and fall in trade deficit is not a good sign.



So economically nothing special, on the other hand the social division, and associated troubles, along growing deficit make it a challenge to win cold war 2.0

I guess Excellpablo is just playing it ironically when posting his financial market memes.

This post was edited by Saucisson6000 on Dec 10 2019 01:30pm
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Dec 10 2019 01:36pm
Quote (Saucisson6000 @ Dec 10 2019 02:28pm)
It's not, US economy is not that nice, and fall in trade deficit is not a good sign.

https://www.creherald.com/wp-content/uploads/2019/11/Real-GDP-third-quarter.jpg

So economically nothing special, on the other hand the social division, and associated troubles, along growing deficit make it a challenge to win cold war 2.0

I guess Excellpablo is just playing it ironically when posting his financial market memes.




% change from preceding quarter. Do you even read what you post?
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Dec 10 2019 01:38pm
Quote (Ghot @ 10 Dec 2019 20:36)
% change from preceding quarter. Do you even read what you post?


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Dec 10 2019 01:45pm
Quote (Saucisson6000 @ 10 Dec 2019 20:28)
It's not, US economy is not that nice, and fall in trade deficit is not a good sign.

https://www.creherald.com/wp-content/uploads/2019/11/Real-GDP-third-quarter.jpg

So economically nothing special, on the other hand the social division, and associated troubles, along growing deficit make it a challenge to win cold war 2.0

I guess Excellpablo is just playing it ironically when posting his financial market memes.


Over 2% real GDP growth (= GDP grew more than 2 percentage points faster than inflation) is actually still a very good number.

As is the record-low unemployment.



The only real issue is that the deficit is too high for a peacetime boom economy.

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Dec 10 2019 01:47pm
Quote (Black XistenZ @ Dec 10 2019 01:45pm)
Over 2% real GDP growth (= GDP grew more than 2 percentage points faster than inflation) is actually still a very good number.

As is the record-low unemployment.



The only real issue is that the deficit is too high for a peacetime boom economy.


The economy has all the bad parts that Obama left us with as well as the good trends. The fundamentals havent changed since 2010.
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Dec 10 2019 01:53pm
Quote (Black XistenZ @ 10 Dec 2019 20:45)
Over 2% real GDP growth (= GDP grew more than 2 percentage points faster than inflation) is actually still a very good number.

As is the record-low unemployment.



The only real issue is that the deficit is too high for a peacetime boom economy.


Yes like Thor123422 said there's no significant change since a while, but on the other hand there's still the cost of a deeply divided country and a terrible incoming deficit (and even stronger social division)
It's really bad, maybe i should include the devastating foreign policy and climate change policies OFC.
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Dec 10 2019 02:19pm
Quote (Thor123422 @ 10 Dec 2019 20:47)
The economy has all the bad parts that Obama left us with as well as the good trends. The fundamentals havent changed since 2010.


True, but sustaining a boom becomes increasingly difficult the more mature the ongoing economic cycle gets. Similarly, dropping the unemployment rate becomes more and more difficult the lower the baseline already is. Cutting unemployment from 10% down to 8% is a lot easier than cutting it down from 5% to 3%.

Trump's business friendly policies deserve some credit for boosting the economy and for creating consumer and investor confidence. I agree, however, that he deserves less credit for the strong economy than he and righ-wing media claim.
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Dec 10 2019 02:25pm
Quote (Black XistenZ @ 10 Dec 2019 21:19)
True, but sustaining a boom becomes increasingly difficult the more mature the ongoing economic cycle gets. Similarly, dropping the unemployment rate becomes more and more difficult the lower the baseline already is. Cutting unemployment from 10% down to 8% is a lot easier than cutting it down from 5% to 3%.

Trump's business friendly policies deserve some credit for boosting the economy and for creating consumer and investor confidence. I agree, however, that he deserves less credit for the strong economy than he and righ-wing media claim.


Look 3% are gone into the Sauerkraut
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Dec 10 2019 02:29pm
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Dec 10 2019 02:37pm
Quote (Black XistenZ @ 10 Dec 2019 21:29)




You are talking about a 10% => 8% being much easier than a 5 => 3%

Obama presidency ended up with 4.7% while spiking at 10% in 2009.

I'm glad to point out your incoherences.


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