RE: Consumer confidence hits 13-year high
October 17, 2017 at 2:50 pm
(This post was last modified: October 17, 2017 at 3:04 pm by Drich.)
And I'm sure if Trump were here he's say 'look at the GDP' I promised 3 point by the end of my term and we have three points now!! That Uge! lowest unemployment rate in 14 years UGE-Er! And that does even touch the growth spike this country will get when we move our money back in for off shore tax shelters and the big tax brek that is comming!!! That would be the Uge-est boost to growth!!!
ah.no..
The GDP has been down around 1.5% (1,8% through out obama 8 years.) just the thought of a business man running the country spiked the last couple months of obama's presidency.
Before Obama's dismal attempt to be an economic leader no other president had ever dipped below 3% GDP that lame duck crashed and burned and with 4 more years of his economic policies through Clinton, would have spelled doom for american financial independence.
That is what most of us saw when voting for trump.
Why "america first resonated."
but there is no bubble here sport. The economic excitment is based on lower taxes, deregulated business practices (less fines and forms to fill out to do business) and an influx of working capitol once the off shore money (8 to 10 trillion dollars) comes back to american banks..
What do you think that money is going to do in those banks? sit there and spontanious multiply? no. that money means loans and working capitol for the people who make the world spin for the rest of us. it is not only loans but bigger returns on investments/investors. which means better chance at joe smow getting loans, all of which means more and high paying jobs.
What was 2007 based on? a unsustainable housing market bubble. What is unsustainable in investing in this country infrastructure, and bring jobs back from over seas?
(October 13, 2017 at 11:02 am)Lutrinae Wrote: I haven't actually bought anything except the necessities for more than a year.Don't worry it will trickle down to you soon enough!
(October 13, 2017 at 12:45 pm)Little lunch Wrote: It's been rising since 2011 according to that chart.
I suspect that in 2011, Donald was still watching girls get changed in dressing rooms and grabbing pussy.
Him and Weinstein have a lot in common, apart from Weinstein not having a taped confession.
ah.no..
The GDP has been down around 1.5% (1,8% through out obama 8 years.) just the thought of a business man running the country spiked the last couple months of obama's presidency.
Before Obama's dismal attempt to be an economic leader no other president had ever dipped below 3% GDP that lame duck crashed and burned and with 4 more years of his economic policies through Clinton, would have spelled doom for american financial independence.
That is what most of us saw when voting for trump.
Why "america first resonated."
(October 13, 2017 at 12:55 pm)Cthulhu Dreaming Wrote: Consumer confidence was also extremely high in the Summer of 2007.
Who recalls what happened in 2008?
But, by all means, keep crowing about this largely non-predictive metric.
but there is no bubble here sport. The economic excitment is based on lower taxes, deregulated business practices (less fines and forms to fill out to do business) and an influx of working capitol once the off shore money (8 to 10 trillion dollars) comes back to american banks..
What do you think that money is going to do in those banks? sit there and spontanious multiply? no. that money means loans and working capitol for the people who make the world spin for the rest of us. it is not only loans but bigger returns on investments/investors. which means better chance at joe smow getting loans, all of which means more and high paying jobs.
What was 2007 based on? a unsustainable housing market bubble. What is unsustainable in investing in this country infrastructure, and bring jobs back from over seas?
