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  #231  
Old 02-15-2021, 08:21 AM
Reason10 Reason10 is offline
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Quote:
Originally Posted by Chicks View Post
Donny’s GDP numbers are still a bomb

https://finance.yahoo.com/news/trump...152459743.html



LOSER!
All of that is a LIE, troll.

https://www.newsmax.com/finance/geor.../05/id/919096/


1.Employment: PBS News Hour confirmed that this is the best labor market since 1969 with low unemployment, more jobs and rising wages.

2.GDP: Trump is the first president to have GDP consistently higher than 3%, President Barack Obama was only the president to fail to achieve one year of 3% GDP growth.
3.Wages: The Washington Post even surrenders to the fact that Trump is the first president to improve wages in a generation where income is at an all-time high.
4.Stock Market: CNN says the stock market has roared more than 40% since Trump’s election.
5.Gas and Fuel Prices: Gas prices are low in most U.S. states that don't over-tax fuel with local and state taxes. Many states have $2.15 per gallon gasoline right now. Gas prices may fall this summer according to the latest news.
6.Ethnic Employment Success: The employment success for all ethnicities is at record high. Obama had difficulty creating jobs and many people gave up looking for work.
7.Manufacturing Jobs: Manufacturing jobs are back in the U.S. for the first time in a generation. Trump created 284,000 manufacturing jobs in 2018. Forbes implied that millions of manufacturing jobs were lost during Obama’s first 2 years in office. Some 1 in 6 were lost between January 2008 and March 2010 and Obama never got those jobs back.
8.Taxes and Regulatory: Corporate taxes were cut from 35% to 21%. America moved from worst tax system up to one of the most competitive in the world under Trump’s first 2 years in office. Lower tax rates allow U.S. companies to spend more money, buy more assets, pay more employee benefits, buy stock back to put money on Main Street and into state coffers, and even help pay better dividends to seniors who live paycheck to paycheck.
9.Nasdaq: The Nasdaq stock market value finally exceeded the 1999 prices under Trump. This implies that companies were stagnant for 18 years until Trump took office.
10.Level the Playing Field: With a mixed bag of tax-code improvements, removal of red tape, new trade agreements, and competitive tariffs, the U.S. economy is more insulated from failure. Even the Federal Reserve is willing to lower rates if other countries harm the U.S. trading environment.



Read Newsmax: 10 Reasons Trump Economy Is Best in 50 Years | Newsmax.com
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  #232  
Old 03-02-2021, 02:41 PM
Chicks Chicks is offline
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American manufacturing is roaring back

https://finance.yahoo.com/news/ameri...110228696.html

Quote:
The U.S. economic recovery continues to be led by manufacturing.

On Monday, IHS Markit and the Institute for Supply Management both released manufacturing activity data for February, with these reports showing the sector growing at the fastest pace in several years.

The ISM's manufacturing PMI registered a reading of 60.8, the highest reading in three years and the fastest since the pandemic recovery began. IHS Markit's reading came in at 58.6, the second-best reading for this index in the last 11 years; only January's reading was better. Readings over 50 for either index indicate expansion within the sector while readings below 50 indicate contraction.
Wait, what!? Donny ASSURED us that we'd be going to hell in a handbasket if Biden was elected!
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  #233  
Old 03-03-2021, 06:45 AM
RickeyM RickeyM is offline
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Good thing that report came out after TPAC or else the Lyin' King would be taking (trying) credit for it.
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  #234  
Old 03-03-2021, 07:16 AM
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Oerets Oerets is offline
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There is a vast amount of pent up demand waiting to roar back.
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  #235  
Old 03-10-2021, 09:09 AM
Chicks Chicks is offline
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Kate Davidson @KateDavidson

Economists surveyed by WSJ expect the economy to grow 5.95% in 2021, thanks in part to the $1.9 trillion relief bill. That would be the fastest burst of growth since 1983.

https://www.wsj.com/articles/latest-...21-11615372201

4:43 AM · Mar 10, 2021·Twitter for iPhone

----------------------

WSJ loves that "soci@lism"!
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  #236  
Old 04-11-2021, 08:35 AM
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Randists Quash Minimum Wage Increase

Quote:
The parent company of some of America’s largest fast-food chains is claiming credit for convincing Congress to exclude a $15 minimum wage from the recent COVID relief bill, according to internal company documents reviewed by The Daily Poster. The company, which is owned by a private equity firm named after an Ayn Rand character*, also says it is now working to thwart new union rights legislation.

The company’s boasts come just a few months after a government report found that some of its chains had among the highest percentage of workers relying on food stamps.

Inspire Brands — which owns Jimmy John’s, Arby’s, Sonic, and Buffalo Wild Wings, plus recently acquired Dunkin’ Donuts for $11.3 billion in November — on Thursday sent employees and franchisees a review of its government lobbying activity that highlighted its success in keeping the $15 minimum wage out of Democrats’ American Rescue Plan, the COVID-19 relief bill President Joe Biden signed earlier this month.
[emphasis added]

https://www.jacobinmag.com/2021/03/f...J9o6jDDNEpEQsI

* "Inspire Brands is majority owned by Roark Capital — a $23 billion private equity giant named after the self-centered protagonist of the Ayn Rand novel The Fountainhead, which is considered a foundational conservative text for the defense of billionaires and economic inequality."
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  #237  
Old 04-11-2021, 03:58 PM
Mark B Mark B is offline
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Roark Capital may want to take credit for excluding the $15 minimum wage from the covid relief bill but that isn't the reason it was removed.

"President Biden is disappointed in this outcome, as he proposed having the $15 minimum wage as part of the American Rescue Plan," White House press secretary Jen Psaki said in a statement. "He respects the parliamentarian's decision and the Senate's process."

https://www.cnn.com/2021/02/25/polit...ian/index.html
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  #238  
Old 08-02-2021, 09:57 PM
Chicks Chicks is offline
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GDP Growth Under Trump Was the Worst Since Hoover

https://www.bloomberg.com/opinion/ar...eat-depression
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