Trump's Economy and Jobs Achievements so far...

SP33Demon

Lifer
Jun 22, 2001
27,928
142
106
Inspired from another thread where I posted this. Do you really think he's beatable in 2020 after looking at this list?

The Tax Cuts and Jobs Act:
  • The first major tax reform in 30 years.
  • As the economy grows, federal revenues are increasing. April 2018 had a record surplus of $214 billion.
  • Over 500 companies (507) have announced bonuses, wage increases, and new investments.
  • Businesses have invested $482 billion in new, American projects and employees.
  • More than 4.8 million workers received increased wages or bonuses (3.7% of all private workers).
  • Provided $1.5 trillion in tax cuts to individuals.
  • American families received $3.2 trillion in gross tax cuts and saw the child tax credit double.
  • A family of four making $73,000 will get a cut of over $2,000-cutting their taxes in half.
  • Nearly doubled the standard deduction.
  • Repealed Obamacare’s burdensome individual mandate.
  • The bill provides a 20% deduction for small business income, which means $415 billion tax cut.
  • The President lowered the corporate tax rate from the highest in the industrialized world (35%) to 21%.
2017:
During his first year, nearly 3 million new jobs were created since January 2017 and the unemployment rate fell to 3.8 percent, the first time below 4% in 18 years.
  • The manufacturing industry created over 300,000 jobs.
  • 337,000 construction jobs have been created since President Trump took office, and construction employment stands at its highest level since June 2008.
  • Fourteen states reached record low unemployment rates.
  • The African American unemployment rate reached its lowest ever recorded.
  • Job openings reached 6.6 million, the highest level ever recorded. This competition should drive wage growth.
  • Jobless claims reached the lowest level in 45 years (1973).
  • The number of people dependent on food stamps has fallen by 2.6 million or 6.2% since January 2017.
  • The number of people receiving unemployment benefits is running at the lowest level in 45 years.
  • Average 3% growth the last three quarters- under President Obama, annual growth averaged 1.9%.
Miscellaneous:
  • The Dow Jones Industrial Average hit record highs more than 80 times under President Trump, including closing higher than 26,000 points for the first time in its history.
  • Since President Trump’s election, more than $5 trillion in wealth has been created for the U.S. economy.
  • The Conference Board Consumer Confidence Index rose in November 2017 to a 17-year high of 129.5.
  • The National Association of Manufacturers’ Outlook Index had the highest annual average in its history.
  • Small business optimism has sustained record-high levels under President Trump according to the National Federation of Independent Business.
  • President Trump signed an Executive Order that expanded apprenticeships, recognizing the need for more quality alternatives to four-year college degrees. The Executive Order set in motion a new process that makes it easier for businesses to create and scale apprenticeship programs, providing many more Americans access to an affordable education that leads to a well-paying job.
  • President Trump signed a Presidential Memorandum directing the Secretary of Education to prioritize STEM education with a particular focus on computer science. Leading private sector technology companies and organizations pledged over $300 million to amplify the president’s computer science initiative.
  • The Trump Administration prioritized the economic empowerment of women as a key element of our commitment to economic growth and gender equality. This year, the Small Business Administration lent approximately $500 million more than last year in capital to women-owned businesses.
  • Days after taking office, the President withdrew the United States from the Trans-Pacific Partnership negotiations and agreement.
When it comes to the economy and jobs, this guy simply gets shit done. Do you really think Hillary would've gotten this much done in 1.5 years in?

Whether sloppy or intentional, you know you cannot post this without the proper attribution, i.e., without a link.

Perknose
Forum Director
 
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Paratus

Lifer
Jun 4, 2004
17,228
14,800
146
Wow your amygdala must be going over time because the desperation in these posts is so thick you can cut it with a knife.
 
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Paratus

Lifer
Jun 4, 2004
17,228
14,800
146
zzz...

https://www.promiseskept.com/achievement/overview/economy-and-jobs/

Why not just link to the bullshit... Even more good bullshit here!

This is the OP
giphy.gif

The white stuff is.... propaganda
 
Aug 11, 2008
10,451
642
126
Yep, information provided by a totally unbiased source: (copied from the fine print at the bottom of the page) Paid for by Donald J. Trump for President, Inc.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
136
Just remember, kiddies- it takes ten times as much effort to repufiate bullshit as it does to generate the stuff.

Speedy does an excellent gish gallop, huh?
 

Starbuck1975

Lifer
Jan 6, 2005
14,698
1,909
126
Trump has done nothing to help the economy. I am honestly surprised the markets haven’t crashed yet with all the chaos and uncertainty he’s introduced.

I would love to see a President repatriate jobs and negotiate a stronger position for American workers with regard to free trade, but that is not what Trump is doing.

And if the economy is truly thriving, tax cuts are the worst thing you can do.
 

shortylickens

No Lifer
Jul 15, 2003
80,287
17,080
136
his performance has nothing to do with the election.
he won because the average American is a cowardly moron with hate in his heart and shit in his brains.

Unless THAT changes we will keep getting Trumps and Kushners from now until the great empire collapses.
 
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Indus

Lifer
May 11, 2002
12,836
9,019
136
Trump has done nothing to help the economy. I am honestly surprised the markets haven’t crashed yet with all the chaos and uncertainty he’s introduced.

I would love to see a President repatriate jobs and negotiate a stronger position for American workers with regard to free trade, but that is not what Trump is doing.

And if the economy is truly thriving, tax cuts are the worst thing you can do.

That's funny because all his tariffs and wanting to renegotiate deals has led our trade partners to make deals with other countries where they don't need our goods anymore.

https://www.youtube.com/watch?v=G0StLOa8H7k

Expect more of that.
 

umbrella39

Lifer
Jun 11, 2004
13,816
1,126
126
Obama: Jobs
2011: 2.091 million
2012: 2.142 million
2013: 2.302 million
2014: 2.998 millon
2015: 2.713 million
2016: 2.240 million

Trump:
2017: 2.188 million

Growth in average hourly earnings: Trump ranks 3rd behind Carter and George W. Bush.

Exports: Trump ranks 3rd out of four presidents, behind Clinton and Barack Obama.

The S&P 500 stock index. Trump is third again. Stocks did better under Obama and George H.W. Bush during their first 16 months.

As for the DOW, Trumps first year in office, the Dow has risen from 19,827.3 to 25,075.1 -- an increase of 26 percent. That’s impressive.
But it’s not as impressive as its performance during the equivalent period under Obama. Under Obama, the Dow increased from 7,949.1 to 10,572 — a rise of 33 percent.

Under Obama the stock market rose 149%. That's not up for debate. It's a fact.
The stock market would have to rise from 19,827 to 49,500 for Trump to have a 149% increase. NGH

Real GDP per capita. Third again, behind Carter and Clinton once more.

Don't have time to pick apart all the bullshit someone else can if they'd like to. I have a real job to get to tomorrow...

BTW a healthy economy does not generate historic deficits. Our fiscal outlook look is very bleak thanks largely to deficit spending during Trump’s first term. Within 16 years the federal debt will be the largest in history and will outpace the fiscal shortfalls that followed World War 2 according to Congressional Budget Office estimates.

Congress’ recent tax and spending laws — along with ballooning costs of programs like Social Security and Medicare — also are driving up the amount the government pays in interest on money borrowed to make up for the gap in cash coming in and going out.

Indeed, those interest payments will exceed the cost of all Social Security spending within decades, CBO predicts. Interest costs also will be higher than discretionary spending, which amounts to all federal dollars Congress controls.

Was this OP supposed to be a mic drop moment?

LOL on so many levels...

Hand the mic to someone else...
 

Greenman

Lifer
Oct 15, 1999
21,212
5,756
136
Inspired from another thread where I posted this. Do you really think he's beatable in 2020 after looking at this list?

The Tax Cuts and Jobs Act:
  • The first major tax reform in 30 years.
  • As the economy grows, federal revenues are increasing. April 2018 had a record surplus of $214 billion.
  • Over 500 companies (507) have announced bonuses, wage increases, and new investments.
  • Businesses have invested $482 billion in new, American projects and employees.
  • More than 4.8 million workers received increased wages or bonuses (3.7% of all private workers).
  • Provided $1.5 trillion in tax cuts to individuals.
  • American families received $3.2 trillion in gross tax cuts and saw the child tax credit double.
  • A family of four making $73,000 will get a cut of over $2,000-cutting their taxes in half.
  • Nearly doubled the standard deduction.
  • Repealed Obamacare’s burdensome individual mandate.
  • The bill provides a 20% deduction for small business income, which means $415 billion tax cut.
  • The President lowered the corporate tax rate from the highest in the industrialized world (35%) to 21%.
2017:
During his first year, nearly 3 million new jobs were created since January 2017 and the unemployment rate fell to 3.8 percent, the first time below 4% in 18 years.
  • The manufacturing industry created over 300,000 jobs.
  • 337,000 construction jobs have been created since President Trump took office, and construction employment stands at its highest level since June 2008.
  • Fourteen states reached record low unemployment rates.
  • The African American unemployment rate reached its lowest ever recorded.
  • Job openings reached 6.6 million, the highest level ever recorded. This competition should drive wage growth.
  • Jobless claims reached the lowest level in 45 years (1973).
  • The number of people dependent on food stamps has fallen by 2.6 million or 6.2% since January 2017.
  • The number of people receiving unemployment benefits is running at the lowest level in 45 years.
  • Average 3% growth the last three quarters- under President Obama, annual growth averaged 1.9%.
Miscellaneous:
  • The Dow Jones Industrial Average hit record highs more than 80 times under President Trump, including closing higher than 26,000 points for the first time in its history.
  • Since President Trump’s election, more than $5 trillion in wealth has been created for the U.S. economy.
  • The Conference Board Consumer Confidence Index rose in November 2017 to a 17-year high of 129.5.
  • The National Association of Manufacturers’ Outlook Index had the highest annual average in its history.
  • Small business optimism has sustained record-high levels under President Trump according to the National Federation of Independent Business.
  • President Trump signed an Executive Order that expanded apprenticeships, recognizing the need for more quality alternatives to four-year college degrees. The Executive Order set in motion a new process that makes it easier for businesses to create and scale apprenticeship programs, providing many more Americans access to an affordable education that leads to a well-paying job.
  • President Trump signed a Presidential Memorandum directing the Secretary of Education to prioritize STEM education with a particular focus on computer science. Leading private sector technology companies and organizations pledged over $300 million to amplify the president’s computer science initiative.
  • The Trump Administration prioritized the economic empowerment of women as a key element of our commitment to economic growth and gender equality. This year, the Small Business Administration lent approximately $500 million more than last year in capital to women-owned businesses.
  • Days after taking office, the President withdrew the United States from the Trans-Pacific Partnership negotiations and agreement.
When it comes to the economy and jobs, this guy simply gets shit done. Do you really think Hillary would've gotten this much done in 1.5 years in?
Watching you do this to the fellows here never gets old, it's like teasing a cat with a laser.
Someday one of them is going to smarten up and realize you're just yanking their collective chain.
 

shortylickens

No Lifer
Jul 15, 2003
80,287
17,080
136
Just look at the unemployment rate! He cut it in half in only 100 days!!

d8yl1Br.jpg

the first three months would be due to the policies of the previous president.
so in reality Obama and Clinton were actually quite good with making jobs. Donald and both Bushes were not so wonderful.
 

Sonikku

Lifer
Jun 23, 2005
15,758
4,580
136
the first three months would be due to the policies of the previous president.
so in reality Obama and Clinton were actually quite good with making jobs. Donald and both Bushes were not so wonderful.
I was being facetious. :p
 

cytg111

Lifer
Mar 17, 2008
24,333
13,816
136
Inspired from another thread where I posted this. Do you really think he's beatable in 2020 after looking at this list?

The Tax Cuts and Jobs Act:
  • The first major tax reform in 30 years.
  • As the economy grows, federal revenues are increasing. April 2018 had a record surplus of $214 billion.
  • Over 500 companies (507) have announced bonuses, wage increases, and new investments.
  • Businesses have invested $482 billion in new, American projects and employees.
  • More than 4.8 million workers received increased wages or bonuses (3.7% of all private workers).
  • Provided $1.5 trillion in tax cuts to individuals.
  • American families received $3.2 trillion in gross tax cuts and saw the child tax credit double.
  • A family of four making $73,000 will get a cut of over $2,000-cutting their taxes in half.
  • Nearly doubled the standard deduction.
  • Repealed Obamacare’s burdensome individual mandate.
  • The bill provides a 20% deduction for small business income, which means $415 billion tax cut.
  • The President lowered the corporate tax rate from the highest in the industrialized world (35%) to 21%.
2017:
During his first year, nearly 3 million new jobs were created since January 2017 and the unemployment rate fell to 3.8 percent, the first time below 4% in 18 years.
  • The manufacturing industry created over 300,000 jobs.
  • 337,000 construction jobs have been created since President Trump took office, and construction employment stands at its highest level since June 2008.
  • Fourteen states reached record low unemployment rates.
  • The African American unemployment rate reached its lowest ever recorded.
  • Job openings reached 6.6 million, the highest level ever recorded. This competition should drive wage growth.
  • Jobless claims reached the lowest level in 45 years (1973).
  • The number of people dependent on food stamps has fallen by 2.6 million or 6.2% since January 2017.
  • The number of people receiving unemployment benefits is running at the lowest level in 45 years.
  • Average 3% growth the last three quarters- under President Obama, annual growth averaged 1.9%.
Miscellaneous:
  • The Dow Jones Industrial Average hit record highs more than 80 times under President Trump, including closing higher than 26,000 points for the first time in its history.
  • Since President Trump’s election, more than $5 trillion in wealth has been created for the U.S. economy.
  • The Conference Board Consumer Confidence Index rose in November 2017 to a 17-year high of 129.5.
  • The National Association of Manufacturers’ Outlook Index had the highest annual average in its history.
  • Small business optimism has sustained record-high levels under President Trump according to the National Federation of Independent Business.
  • President Trump signed an Executive Order that expanded apprenticeships, recognizing the need for more quality alternatives to four-year college degrees. The Executive Order set in motion a new process that makes it easier for businesses to create and scale apprenticeship programs, providing many more Americans access to an affordable education that leads to a well-paying job.
  • President Trump signed a Presidential Memorandum directing the Secretary of Education to prioritize STEM education with a particular focus on computer science. Leading private sector technology companies and organizations pledged over $300 million to amplify the president’s computer science initiative.
  • The Trump Administration prioritized the economic empowerment of women as a key element of our commitment to economic growth and gender equality. This year, the Small Business Administration lent approximately $500 million more than last year in capital to women-owned businesses.
  • Days after taking office, the President withdrew the United States from the Trans-Pacific Partnership negotiations and agreement.
When it comes to the economy and jobs, this guy simply gets shit done. Do you really think Hillary would've gotten this much done in 1.5 years in?
What a lame ass, low t, low energy, low IQ, troll you are. YOU. ALWAYS. CITE. YOUR. SOURCES.
Seriously... You dont want me trolling The Donald.. Step off AND PAY YOUR DAMNED TAXES..Leech.
 

UNCjigga

Lifer
Dec 12, 2000
24,988
9,303
136
The Tax Cuts and Jobs Act:
  • The first major tax reform in 30 years.
  • As the economy grows, federal revenues are increasing. April 2018 had a record surplus of $214 billion.

  • First 2 bullets are all I needed to call BS, even without the link.

    "First major tax reform" is meaningless, since the actual bill he passed is a travesty for the American people. I read that as "nobody was craven enough over the last 30 years to even attempt such a stupid tax bill robbing the public coffers."

    "Record surplus of $214 billion"? Dude, it's tax season. That tends to happen in April. Yes, receipts were up from 2017 because more people are working. But the tax bill only took effect in February...you'll have to wait until next April to see what a disastrous effect this will have on the budget.
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
  • ..you'll have to wait until next April to see what a disastrous effect this will have on the budget.

For the big push in April every year, you will (as this April was the last of the higher tax rates on the top percentage earners and business). As for every other month, you can see part of it now...

May 31, 2018 -146.80B
April 30, 2018 214.26B
March 31, 2018 -208.74B
Feb. 28, 2018 -215.24B
 

interchange

Diamond Member
Oct 10, 1999
8,023
2,872
136
To be honest, I do think some economic gains are attributable to Trump. And not even so much by policy. We see people even being directly screwed by his tariffs, the still struggling coal industry, etc. remain loyal to him and continuing to push their business operation under the belief that he really will make their industries boom. While this is causing many to take bad risks, in general an attitude of optimism promotes economic growth.

None of this is a long-run strategy, of course. We're growing the deficit and reducing oversight allowing unscrupulous people to take temporary advantage of the conditions. In the worst case, we could be creating bubbles that will come back Tuesday haunt us.
 
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Reactions: Engineer
Aug 11, 2008
10,451
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To be honest, I do think some economic gains are attributable to Trump. And not even so much by policy. We see people even being directly screwed by his tariffs, the still struggling coal industry, etc. remain loyal to him and continuing to push their business operation under the belief that he really will make their industries boom. While this is causing many to take bad risks, in general an attitude of optimism promotes economic growth.

None of this is a long-run strategy, of course. We're growing the deficit and reducing oversight allowing unscrupulous people to take temporary advantage of the conditions. In the worst case, we could be creating bubbles that will come back Tuesday haunt us.
Yea I view the "Tax reform", i.e. tax cuts for the rich, and a lot of the de-regulation as like credit card spending. It feels good when you do it, but eventually the bills come back to haunt you.
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Yea I view the "Tax reform", i.e. tax cuts for the rich, and a lot of the de-regulation as like credit card spending. It feels good when you do it, but eventually the bills come back to haunt you.

But wait....there's more....

https://www.washingtonpost.com/news...ax-rate/?noredirect=on&utm_term=.daded607c9ad

The Laffer curve has now become the Laugher curve. The GOP seems to believe that as tax rates go to zero, tax revenues go to infinity, hence the "Laugh" part.