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vraiblonde

Board Mommy
PREMO Member
Patron
Another win on trade

In the past few weeks, President Donald J. Trump has fought to secure one of his key promises to the American people: negotiating free, fair, and reciprocal trade deals for the American worker.
Yesterday, U.S. Trade Representative Robert Lighthizer announced a new agreement with South Korea that accomplishes exactly that:

“The improved KORUS agreement reflects the President’s leadership in delivering more reciprocal trade outcomes benefiting U.S. workers, exporters, and businesses. The United States and Korea have strengthened an important economic relationship by agreeing to substantial improvements to KORUS that will help rebalance our trade, reduce our trade deficit, and expand U.S. export opportunities.”
News of the deal is earning the Administration widespread recognition. “The finalization of a trade agreement with South Korea would hand Mr. Trump a victory in his ‘America First’ approach to trade,” The New York Times reported.

Learn more about this important win for American workers and businesses.

Optimism abounds

Each week, the Administration is seeing more and more news that consumer and business confidence continue to soar, particularly now that President Trump’s tax cuts are helping the U.S. economy take off after eight years of stagnation.

The latest headlines show the good news keeps coming:
• Pew: Economy ‘Good-Excellent’ Rating Highest in 18 Years (Washington Examiner)
• Business Economists Optimistic About Growth: Survey (The Hill)
• U.S. Consumer Confidence Hits 14-Year High (The Wall Street Journal)
• U.S. Job Openings Surge to Record High in January (Reuters)

President Trump’s work is only just beginning, but the early signs all show that smart policy is all it took to unleash America’s economic power.

Read more: The American economy is coming back strong

Secretary DeVos: How omnibus makes schools safer


The bipartisan omnibus deal that President Trump signed into law last week delivers desperately needed resources for our Nation’s troops. Another important goal it accomplishes is helping to make American schools safer.

“The president has called on Congress to expand mental health programs, including those that help identify and treat individuals who may be a threat to themselves or others,” Education Secretary Betsy DeVos wrote in the Washington Examiner this week. “Congress heard and acted on this request in its omnibus spending bill, giving $700 million to the Department of Education for Student Support and Academic Enrichment grants.”

As part of the omnibus, Congress also passed the STOP School Violence Act and the Fix NICS Act, the latter of which strengthens America’s criminal background check system.

Learn more about how this law will help make American schoolchildren safer.
 

This_person

Well-Known Member
WASHINGTON (Reuters) - U.S. economic growth slowed less than previously estimated in the fourth quarter as the biggest gain in consumer spending in three years partially offset the drag from a jump in imports.

Gross domestic product expanded at a 2.9 percent annual rate in the final three months of 2017, instead of the previously reported 2.5 percent, the Commerce Department said in its third GDP estimate for the period on Wednesday. That was a slight moderation from the third quarter's brisk 3.2 percent pace.
 

transporter

Well-Known Member
So the White House web page is touting the economy? Huh...you all didn't believe anything that was posted by the previous White House press agents...

Wow...that was some stunning trade deal...the Great Negotiator doubled the allowable number of US car in the SK market...from 25k to 50K...WOW!! SK consumers bought 1.8M cars last year. US consumers bought 17M...and TRUMP the magnificent got 25k more into the SK market...WOW!!! I can see why you are so proud of his negotiating skills.

The economy has been trending up for years...as evidenced by JOLTS...and by confidence numbers...and by car sales, home sales dropping unemployment.

These are all items you morons refused to even consider before (remember our dumbass President claiming unemployment was 40%+ during the campaign??) and now tout as if ONLY Trump has anything to do with them?

The GDP number was a pleasant surprise....of course it still doesn't mean the economy did 3% last year.
 

SamSpade

Well-Known Member
The economy has been trending up for years...as evidenced by JOLTS...and by confidence numbers...and by car sales, home sales dropping unemployment.

Apparently when the Dow drops - it's Trump being a dumbass.
But when it's good news ---

The economy has been trending up for years.

So now - OBAMA did it. Why am I not surprised?


 

Sapidus

Well-Known Member
These people are incapable of rational thought at this point.

The economy has been trending up for years.

They believe all the crap Sarah Huckabee spews blindly and all the propoganda from the White House.

It’s truly pathetic.
 

Ken King

A little rusty but not crusty
PREMO Member
So the White House web page is touting the economy? Huh...you all didn't believe anything that was posted by the previous White House press agents...

Wow...that was some stunning trade deal...the Great Negotiator doubled the allowable number of US car in the SK market...from 25k to 50K...WOW!! SK consumers bought 1.8M cars last year. US consumers bought 17M...and TRUMP the magnificent got 25k more into the SK market...WOW!!! I can see why you are so proud of his negotiating skills.

The economy has been trending up for years...as evidenced by JOLTS...and by confidence numbers...and by car sales, home sales dropping unemployment.

These are all items you morons refused to even consider before (remember our dumbass President claiming unemployment was 40%+ during the campaign??) and now tout as if ONLY Trump has anything to do with them?

The GDP number was a pleasant surprise....of course it still doesn't mean the economy did 3% last year.
To be fair it says "As a result of negotiations, South Korea will double the annual number of American automobiles – from 25,000 to 50,000 per manufacturer per year." You get that there is more than one manufacturer, right?
 

BOP

Well-Known Member
These people are incapable of rational thought at this point.

The economy has been trending up for years.

They believe all the crap Sarah Huckabee spews blindly and all the propoganda from the White House.

It’s truly pathetic.

See, kids? This is why you shouldn't do drugs.

 

This_person

Well-Known Member
The economy has been trending up for years.

Could you please back that up with some sort of economic indicator that you are using to justify that statement, trended over time (say the last five years)?

For example, the workforce participation rate looks kind of flat, according to the BLS:
latest_numbers_LNS11300000_2013_2018_all_period_M02_data.gif

But, the unemployment rate has been steadily dropping:
latest_numbers_LNS14000000_2013_2018_all_period_M02_data.gif

Those two factors seem to be contradictory. What is your analysis of how less people could be out of work, but the workforce participation rate is flat?


Now, we can look at the DJIA over the same time period:
file.png

You can see from that a slight rise up until late in 2016, and then a sky-rocket rise in the DJIA. What do you suppose changed around the end of 2016 that would cause such a large change in the rate of increase of the DJIA?



These are just a few of the indicators - what are yours; please include references over time.
 

awpitt

Main Streeter
Each week, the Administration is seeing more and more news that consumer and business confidence continue to soar, particularly now that President Trump’s tax cuts are helping the U.S. economy take off after eight years of stagnation.

Apparently when the Dow drops - it's Trump being a dumbass.
But when it's good news ---

The economy has been trending up for years.

So now - OBAMA did it. Why am I not surprised?




But the economy was trending up during the years prior to Trump entering office. That’s just a plain fact. People who think the economic recovery, all of sudden, began when Trump was elected are unaware of the actual reality. The DJIA grew 148% during the Obama administration. During the first 14 months of the Obama administration, the DJIA grew 35%. As we sit at 14 months into the Trump administration we’re looking at a DJIA growth of 20% so far. There is no doubt that things are continuing to do good and have been picking up the pace and Trump deserves credit for that; however, one cannot give credit to Trump without recognizing the fact the Trump inherited a much better economy than that which was inherited by Obama in 2009.



DJIA.jpg
 

Sapidus

Well-Known Member
Could you please back that up with some sort of economic indicator that you are using to justify that statement, trended over time (say the last five years)?

For example, the workforce participation rate looks kind of flat, according to the BLS:
View attachment 122097

But, the unemployment rate has been steadily dropping:
View attachment 122098

Those two factors seem to be contradictory. What is your analysis of how less people could be out of work, but the workforce participation rate is flat?


Now, we can look at the DJIA over the same time period:
View attachment 122099

You can see from that a slight rise up until late in 2016, and then a sky-rocket rise in the DJIA. What do you suppose changed around the end of 2016 that would cause such a large change in the rate of increase of the DJIA?



These are just a few of the indicators - what are yours; please include references over time.

Fortunately someone AWPITT did it for me.


I'm sure you'll think thats an alter ego of mine now.

Why is it when people who don't agree with you have similar opinions they must all be fake MP's?

Yet when everyone on here parrots republican talking points you don't get up in arms about how they must all be the same person?

Hypocrite
 
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